The South American automotive market has tremendous potential. IHS Insights forecasts the continent’s automotive market will grow significantly by 2025, becoming one of the top three growth markets globally for light-vehicle sales.
Brazil is the largest country in South America, encompassing almost half of the continent’s land area and population, making it South America’s largest automotive market. Although many markets in South America are still viewed as emerging fleet markets, they are gradually evolving into more mature and sophisticated fleet markets.
For a full overview of the South American fleet market, go to the report by Automotive Fleet Editor Mike Antich here.