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.
Sales for commercial fleet vehicles in Argentina increased by 20.2% to 10,284 units in October 2020, though the overall market is still down 19.9%, year-to-date.
Brazilian manufacturer Fábrica Nacional de Motores (FNM) is returning to the market to produce battery-electric trucks for the Brazil market, after shutting operations in 1988, following a new partnership with a U.S.-based battery Tier 1 supplier.
Geotab announced a strategic alliance with Deloitte where it will offer its telematics services to customers across Canada and Latin America for more comprehensive analysis and forecasting across departments and improved optimization through increased visibility into transportation-related processes.
The Arval-Relsa alliance opened new offices in Bogota, Colombia to help develop full-service leasing and new mobility solutions across the country with special focus on passenger vehicles and light commercial fleets.
Automotive Fleet evaluated the Brazil, Argentina, and Colombia fleet markets in this latest report, which found successes in Brazil and Colombia, and economic struggles in Argentina.
Argentina saw a decrease in true fleet sales in 2019 when compared to the previous year and was down by 2,000 units.
Toyota Brazil is manufacturing a new vehicle for the Brazilian market, which will be scheduled for commercialization in 2021.
The registration of light commercial vehicles and trucks in Brazil has seen increases year over year so far in 2019, along with the total vehicle market as a whole.
Sales for commercial vehicles continued to slide in July, though declines were not as significant as the month prior.
Sales for light- and heavy-commercial vehicles in Argentina were down in June by more than 40% for both segments.
Registrations of light commercial vehicles (LCVs) in Brazil were up 15.6% in May, when compared to the same time last year, and were also up by 9.9%. year-to-date.
Jamaica’s government works to lower vehicle emissions by promoting fuel-efficient vehicles and strengthening fuel quality standards. The country needs more commercial vehicles.
After several years of growth throughout much of Central America, the automotive market has started to see a downward trend in some of the region’s largest car markets.
With a population of more than 210 million people, Brazil is the largest fleet market in South America. The strongest vocational segments acquiring commercial fleets are pharmaceutical, agribusiness, and food companies.
The inaugural AFLA Canada Fleet Summit saw more than 200 attendees descend into Mississauga, Ontario on Feb. 12-13, 2020 at the Hilton Toronto Airport.
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