March 2018 - Global News
General Motors is investing approximately $368 million in renovating and expanding one of its industrial complexes in Brazil.
Tags: General Motors, Brazil, Global, Production Facility
March 2018 - Feature
Imported Chinese brand vehicles are increasing their market share in the small business fleet market in Peru since most models are priced well below the average market price. This has put downward pressure on used-car prices.
Tags: Peru, Global, State of Fleet Market Report
April 2017 - News
Venezuelan government authorities took control of General Motors’ Valencia plant on April 19, seizing company vehicles and other assets. GM will cease operations in the country, effective immediately, the company announced.
Tags: General Motors, Venezuela, Assembly Plants, Global
Fleet vehicles represent approximately 20-25% of annual new-vehicle sales in Chile. Top buyers of fleet vehicles are in the telecommunications and mining industries, along with political subdivisions, police departments, and military.
Tags: Chile, Global, State of Fleet Market Report
The strongest vocational segments operating commercial fleet vehicles are pharmaceuticals,
agribusiness, and food corporations. But the majority of fleets in Brazil are smaller, with the
average fleet size around 100 units.
Tags: Brazil, Global, State of Fleet Market Report
March 2018 - Cover Story
GM’s reorganization of its South America regional structure in 2010 by creating three business units, GM Andina, GM Mercosur, and GM Central, have contributed to the growth of the Chevrolet brand as a regional market leader.
Tags: Chevrolet, Reorganization, General Motors, Global
February 2018 - Global News
The app-based carsharing company has plans to serve downtown Buenos Aires later this year.
Tags: Carsharing, International Rentals, Car Rental, Argentina, Mobile Apps
Ford has unveiled a new global compact utility vehicle, the Freestyle, which is part of the automaker's KA nameplate.
Tags: Ford, Global, CUV
January 2018 - Global News
Renault is aiming to achieve a market share of 10% in Brazil by the end of 2018 and will look to achieve this by expanding its operations across Latin America.
Tags: Renault, Brazil, Global
December 2017 - Global News
Automotive sales in Brazil are expected to accelerate next year, beating prior forecasts, as Latin America’s largest economy continues to recover from political and economic instability
Tags: Brazil, Global, Vehicles Sales
A door-to-door transportation service in Sau Paulo, Brazil, received 72 reconstructed Mercedes-Benz Sprinters to improve transportation capabilities for the disabled in the area.
Tags: Mercedes-Benz, Brazil, Mercedes-Benz Sprinter, Global
November 2017 - Global News
Toyota is launching a new Corolla model in Venezuela and has no plans to leave the country.
Tags: Toyota, Toyota Corolla, Global, Venezuela
October 2017 - Global News
Over the next three years, $300 million is set to be invested by GM itself, with the additional $200 million coming from the company’s supplier network.
Tags: Argentina, General Motors, Brazil, Global
Mercedes-Benz do Brasil will focus its investments in modernizing its products, digital services, and into production plants in São Bernardo do Campo and Juiz de Fora.
Tags: Mercedes-Benz, Brazil, Daimler
General Motors is combining the leadership of its international and South America regions, and has tapped Barry Engle to be president of the integration.
Tags: General Motors, Global, Promotions, Brazil
Toyota is investing $316 million toward a Yaris Production line in Brazil in an effort to take advantage of the emerging compact-car market in the country.
Tags: Toyota, Yaris, Global, Subcompact Cars
September 2017 - Global News
Nissan has assembled its 150,000 vehicle at its plant in Brazil, accomplishing the milestone a little over three years after the plant was established.
Tags: Nissan, Brazil, Global, Assembly Plants
September 2017 - Industry News
As part of the agreement, which was originally announced on Dec. 5, 2016, Hertz Global Holdings Inc. has now completed the sale of its Brazil car rental and leasing operations to Localiza.
Tags: Hertz, International Rentals, Brazil, Localiza
August 2017 - Global News
Manheim has acquired Pacto São Paulo and is developing commercial partnerships with six other auction companies to invest in in Brazil.
Tags: Manheim, Brazil, Global
July 2017 - Industry News
Auto manufactures in Brazil sold a total of 195,000 vehicles in June, a 0.3% decline compared to the previous month’s sales, but a 13.5% increase compared to the previous year.
Tags: Vehicle Sales, Brazil, Global
Vulog, a carsharing technology provider, has partnered with LDS Group to launch Urbano Carsharing, a one-way carsharing service in Sao Paulo, Brazil.
Tags: Carsharing, Rental Software, Vulog
June 2017 - Global News
The Argentinian auto industry is expecting production to increase later in the year, with a boost in the country's automotive sector.
Tags: Vehicle Production, Argentina, Global
Tire manufacturer Pirelli will indefinitely suspend production of tires in Venezuela due to issues related to securing supplies of raw materials.
Tags: Tires, General Motors, Global, Venezuela
Nissan confirmed during a meeting with Argentina’s president Mauricio Marci in Tokyo that it will produce vehicles in Argentina starting in 2018.
Tags: Nissan, Argentina, Global
May 2017 - Global News
DHL eCommerce has launched a business to consumer domestic delivery operation with customer-centric solutions in Chile.
Tags: DHL, Chile, Global
April 2017 - Global News
Chery launched the new TIGGO5 SUV in Chile, which will join the TIGGO2 and TIGGO3 to expand Chery's product line in the Chilean market.
Tags: Chile, Chery, Compact SUVs, Global
Copart, Inc. has opened its sixth location in Brazil, according to a company announcement. Its sixth location will be located in Betim, Minas Gerais and will offer a wide selection of salvage and used vehicles, the company noted.
Tags: Remarketing, Copart, Brazil, Auctions
March 2017 - Global News
The light commercial vehicle segment in Latin America is forecast to have a potential of one million vehicle sales per year.
Tags: Uruguay, Global, PSA Group
Brazil is the second fastest growing vehicle leasing market for Arval, according to financial data released by the company. Arval Brasil has experienced double-digit growth in its vehicle leasing portfolio, growing by 14%.
Tags: Leasing, Brazil, Global, Arval, BNP Paribas
February 2017 - Global News
Colombia has embarked on gigantic $70 billion infrastructure program, which promises to stimulate fleet sales to construction and engineering businesses in the country, according to a report by PCW.
Tags: Global, Colombia
Replacement demand for tires in Brazil is anticipated to grow at a faster rate during 2016-2021 than OEM tire demand. Some of the major players operating in Brazil's tire market are Pirelli, Michelin, Goodyear, Bridgestone, Continental and Rinaldi.
Tags: Brazil, Global, Tires, Forecast
February 2017 - Feature
The Venezuelan fleet market is comprised of local companies and multinational corporations, of which about 500 are U.S. companies with business operations in Venezuela. The strongest vocational segments for commercial fleet sales in Venezuela are oil companies, healthcare, and agriculture.
Tags: Fleet Sales, Venezuela, Global
January 2017 - Feature
The mining sector in Chile is one of the key pillars of the Chilean economy. Chile has huge copper reserves, producing more than one-third of all global copper output.
Tags: State of Fleet Market Report
The fleet market in Peru for 2016 is forecast to be around 10% of total automotive sales of 171,000 units, which is a decrease from 2015.
Tags: Peru, NAFTA, Commodity Prices, State of Fleet Market Report
January 2017 - Global News
The automaker posted a market share of 6.5%, up by 0.3 point in the Americas.
Tags: Brazil, Colombia, Argentina, Renault
TomTom (TOM2) has introduced its real-time traffic service in Argentina and Colombia, increasing the coverage in South America to four countries (after Brazil and Chile) and extending the global reach to 54 countries, the company announced.
Tags: TomTom, Argentina, Columbia, Navigation
December 2016 - Global News
The Element-Arval Global Alliance has added RDA Renting as a new member, growing the world-spanning fleet management partnership to 50 countries.
Tags: Argentina, Uruguay, Arval, Element Fleet Management
Orpak Systems, a solution and service provider for retail gas stations and commercial fleets, has acquired Brazilian fiscal fuel station management software provider Microsffer.
Tags: fuel management, Israel, Brazil
During the Sao Paulo and Bogota auto shows, Chery showcased its latest offerings to the Latin American markets.
Tags: Auto Shows, Brazil, Colombia, Chery
November 2016 - Global News
With the opening of the Sao Paulo Auto Show this week, forecasts for growth in the auto industry remain modest.
Tags: Toyota, Ford, General Motors, Brazil
The causes and the consequences lower commodity prices to the respective automotive and fleet markets of Venezuela and neighboring Ecuador and Colombia is the focus of the latest market overview by Automotive Fleet.
Tags: Colombia, Market Conditions, Venezuela, Ecuador
October 2016 - Global News
If UN vehicle safety regulations were applied by four key Latin American countries, 40,000 lives could be saved and 400,000 serious injuries prevented by 2030, according to a new report by Global NCAP and the Inter-American Development Bank,
Tags: Mexico, Brazil, Chile, United Nations, Global NCAP
October 2016 - Industry News
In the latest of its ongoing reports on market conditions around the globe, Automotive Fleet has zeroed in on one of the tumultuous automotive market regions in the world — South America.
Tags: Argentina, Brazil, Chile, Market Conditions
The Enterprise Rent-A-Car brand will be offered to customers at main airports in the countries, and additional locations are planned.
Tags: Enterprise Rent-A-Car, Argentina, Curacao, Paraguay
October 2016 - Feature
In addition, there has been a 20% decline in fleet sales in neighboring Uruguay. The peso has depreciated and the government has decreased fleet purchases.
Tags: Argentina, Uruguay, Paraguay, State of Fleet Market Report
Peru is one of the fastest growing economies in Latin America, and the economy of Chile is ranked as a high-income economy by the World Bank.
Tags: Peru, Chile, State of Fleet Market Report
October 2016 - Cover Story
Automotive sales declined 28.6% year-over-year during 1Q 2016. In the fleet market, all major OEMs are using various financial incentives to defend their market shares. The 2016 forecast is that there will be 123,000 fleet sales.
Tags: Brazil, State of Fleet Market Report
Brazil is in a political and economic crisis that has caused the country’s auto market to
shrink 27% in 2015-CY, and is forecast to shrink another 13% in 2016. Fleet sales have
also decreased, but at a slower pace than retail sales.
European fleet management provider Fleet Logistics has gone live in Latin and Central America, managing Syngenta's fleet of around 1,600 vehicles in eight countries across the region.
Tags: Brazil, Fleet Logistics, Syngenta
September 2016 - Global News
Production at three Volkswagen Brazil manufacturing plants and the São Carlos engine plant has been halted due to long-lasting commercial litigation with supplier Prevent Group.
Tags: Volkswagen, Brazil, Suppliers, Litigation
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