There are approximately 1.7 million fleet vehicles in operation in Peru. In 2011, approximately 150,000 new vehicles were sold, representing a 29-percent increase over the prior year.

The factors contributing to the increase were identical to those in Colombia, including lower taxes on imported vehicles, an average income increase for workers, brand and price diversity, and growing financing alternatives.

The fleet market in Peru is still immature and there is a lack of understanding about the fleet leasing product. In addition, there are dealer and service reliability issues in Peru.
--By Mike Antich
 

About the author
Mike Antich

Mike Antich

Former Editor and Associate Publisher

Mike Antich covered fleet management and remarketing for more than 20 years and was inducted into the Fleet Hall of Fame in 2010 and the Global Fleet of Hal in 2022. He also won the Industry Icon Award, presented jointly by the IARA and NAAA industry associations.

View Bio
0 Comments