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News•February 13, 2017

Brazilian Tire Market Forecast to Grow to $6.5B by 2021

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.

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News•February 13, 2017

Isuzu Stays Top-Selling Commercial Truck OEM in South Africa

Isuzu Truck South Africa (ITSA) held onto its No. 1 position in South Africa in 2016 for the fourth consecutive year and ended with a 14.6% market share from the total park of 3,952 units.

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Articles•by Mike Antich•February 13, 2017

Market Snapshot: Venezuela Fleet Market

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.

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Articles•by Mike Antich•February 13, 2017

Market Snapshot: Fleet Market Conditions in Sub-Saharan Africa

South Africa is largest market of commercial vehicles in Africa. The corporate fleet market in South Africa is estimated at 1.2 million vehicles. New vehicle sales in the next two largest markets -- Nigeria and Kenya -- have collapsed due to sluggish economies and depressed prices for commodities.

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News•February 12, 2017

First German Fleet Sues VW Over Diesel Emission Scandal

Fish distributor Deutsche See is suing Volkswagen for misrepresenting fleet vehicles it leased as environmentally friendly. It is the first major German fleet customer to sue VW over the diesel-testing scandal. Deutsche See leases approximately 500 vehicles from Volkswagen.

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News•February 12, 2017

Pricing Announced for Chevrolet Cruze Hatch in China

Pricing for the China Chevrolet Cruze Hatch was announced on Feb. 7. Five trims with a choice of 1.4T or 1.5L engines are available for a price range between RMB 109,900 and RMB 169,900.

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News•by Mike Antich•February 12, 2017

Tata Motors Launches Truck Brand in Saudi Arabia

Tata Motors, India’s largest automotive manufacturer and one of the top 10 commercial vehicle manufacturers globally, launched its “World-Smart Truck” brand — the Tata PRIMA — in Saudi Arabia.

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News•February 11, 2017

Holden Launches 2017 Commodore Marking Last Year of Domestic Production

Holden launched the 2017 Commodore model, which marks its final year of being domestically manufacutured in Australia. The Holden Commodore has been built in Australia for the past 38 years.

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News•February 11, 2017

Weak Global Markets Depress Daimler Truck Sales in 2016

Daimler Trucks experienced sharply decreased unit sales in the NAFTA region, Turkey, the Middle East, Latin America and Indonesia due to cyclical and/or weak market conditions. Mercedes-Benz Vans achieved a record sales year in 2016.

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News•February 11, 2017

Renault-Nissan Alliance Leads in Commercial EV Sales

The Renault-Nissan Alliance, with Mitsubishi Motors, cumulatively sold 424,797 electric vehicles through 2016, making it the sales leader in zero-emission mobility. In addition to offering the top-selling retail EV, the Renault-Nissan Alliance also was the leader in commercial EV sales.

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