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.
June 26, 2018
The largest fleet market in Argentina is among large multinational corporations, such as pharmaceutical companies, but there is also a strong vocational fleet market in food distribution, petroleum, mining, and utilities.
May 15, 2018
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.
May 15, 2018
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.
February 8, 2018
The new-vehicle market has been up and down for the 2017 calendar-year, but demand for SUVs and luxury vehicles continues to remain strong. The sales forecast is that the growth rate for 2017 will be lower than prior years.
October 18, 2017
The corporate fleet sector in South Korea accounts for 18-20% of total auto sales, with most sales going to local brands. However, GM Korea is growing its fleet presence, with commercial sales now representing 9% of total sales.
June 23, 2017
Presently, there are 34 million vehicles in operation in Mexico, of which 34% are commercial vehicles. The majority of large fleets operating in Mexico are owned or leased by multinational companies.
October 19, 2016
The forecast is that the commercial fleet market in the U.S. will remain strong well into the 2017 calendar-year. Stimulating this ongoing business activity is steady growth in the national economy, low fuel prices, and low interest rates.
October 5, 2016
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