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.