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Brazil

Brazil's CAOA Founder Carlos Andrade Dies

Brazilian auto industry conglomerate announced the death of its founder Dr. Carolos Alberto de Oliveire Andrade. CAOA Chairman of the Board passed away August 14 at age 77 in Paraíba, Brazil.

Telematics Provider Geotab Inc. Expands into Brazil

Geotab Inc, an international commercial telematics provider, has established Geotable Telemática Ltda, expanding its Latin American presence to Brazil, the region’s largest economy. The move provides Brazil-based logistics and transportation customers access to Geotab’s single open telematics solution for fleet management and vehicle tracking, used by more than 40,000 businesses in more than 130 countries around the global, according to company officials.

State of the Fleet Market in Brazil

Hit with the Coronavirus pandemic just like the rest of the world, automobile sales in the 27-state nation were certainly down in 2020. A total of 1.62 million passenger cars were sold and 335,269 light commercial vehicles (LCVs) between January and December, representing year-over-year decreases of 28.6% and 15.4% respectively.

Ford Brazil Will Cease Production in 2021

Ford Brazil announced it will cease production operations in 2021, but will continue to serve customers in the South America region with a portfolio of new SUVs, pickups and commercial vehicles sourced from Argentina, Uruguay, and other markets.

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