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 economies of the Middle East are coping with lower oil prices and the resulting austerity measures. The downturn impacted many small and medium enterprises, along with multinational corporations serving the oil industry.
Commercial vehicle registrations in calendar-year 2017 were up 16.9% over 2016. Similarly, total retail sales in CY-2017 were the strongest in the history of auto sales in New Zealand, driven by strong demand for SUVs and pickups.
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.
Fleet vehicles represent approximately 20-25% of annual new-vehicle sales in Chile. Top buyers of fleet vehicles are in the telecommunications and mining industries, along with political subdivisions, police departments, and military.
Imported Chinese brand vehicles are increasing their market share in the small business fleet market in Peru since most models are priced well below the average market price. This has put downward pressure on used-car prices.