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Brazil is now the second biggest market for Renault, and sales there grew by 24.3 percent in 2012, four times as fast as the market (6.1 percent). Brazil is also the fourth-biggest car market in the world.
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Brazil's automotive market so far has fallen by a fifth this year, partly the result of a cash-strapped government's decision to curtail incentives meant to help the industry.
Read More →Expected to be in all Nissan dealerships in Brazil starting on August 5, the Nissan Kicks will deliver an agile but fuel-efficient driving experience, according to the automaker.
Read More →Automotive sales declined 28.6% year-over-year during 1Q 2016. In the fleet market, all major OEMs are using various financial incentives to defend their market shares. The 2016 forecast is that there will be 123,000 fleet sales.
Read More →AUDI AG has started production in Curitiba in the Brazilian federal state of Parana. The latest of 13 sites in the Audi production network is the first in South America.
Read More →DECATUR, IL --- Illinois-based Archer Daniels Midland Co. and Brazil-based Grupo Cabrera are forming a joint venture to produce ethanol from sugarcane.
Read More →Brazil wants to open trade in vehicles and auto parts with Argentina and Mexico in a shift away from protectionism.
Read More →MiX Telematics has recently added three new customers to its portfolio in Brazil. The new customers are Transgarbuio, Panorama, and Worley Parson’s.
Read More →The automaker will use the funds toward the development of new products, technologies, and employee training, as well as localizing components with Brazilian suppliers.
Read More →Semcon and an unnamed global automotive partner have signed a new contract for autonomous vehicles.
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