
Brazilian manufacturer Fábrica Nacional de Motores (FNM) will produce 1,000 electric trucks for beverage maker Ambev in South America.
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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.
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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.
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The new locations — which are already taking reservations — join the National Car Rental and Alamo Rent A Car brands in all three countries.
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Operated by Brazilian service 99, the partnership will allow customers to request vehicles without going to another app.
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In Brazil, the local vehicle leasing business has dropped by 25%, while the Brazilian car rental industry has taken a 90% hit.
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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.
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Enterprise Holdings has opened its first Brazilian Enterprise Rent-A-Car locations as part of a broader growth strategy in the region to provide airport travelers and road trippers with a wide range of reliable vehicles to suit their needs.
Read More →The Veiculo Eletrico Latino-Americano event in Sao Paulo on Oct. 1-3 brought together stakeholders to demonstrate EV technology and share market developments.
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Toyota Brazil is manufacturing a new vehicle for the Brazilian market, which will be scheduled for commercialization in 2021.
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