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 automotive industry in Mexico has been growing each year since 2009, but 2017 was the first year sales decreased. Although retail and fleet sales declined, Mexican automotive industry continues to post strong export sales.
The strongest sectors acquiring commercial fleet vehicles are agricultural, construction, pharmaceuticals, petroleum, telecommunications, and consumer product companies. Car rental and government are the two top fleet markets.
GM’s reorganization of its South America regional structure in 2010 by creating three business units, GM Andina, GM Mercosur, and GM Central, have contributed to the growth of the Chevrolet brand as a regional market leader.
The strongest vocational segments operating commercial fleet vehicles are pharmaceuticals, agribusiness, and food corporations. But the majority of fleets in Brazil are smaller, with the average fleet size around 100 units.
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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