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The global economic downturn created havoc in the fleet markets in Europe, Australia, Latin America, Asia, and Africa. Here's a summary of each of these regional markets and a forecast of what to expect fro 2010 based on a recent meeting in Barcelona with lessor representatives from each of these regions.
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The Brazilian fleet market, although still under development in many ways, is gradually converging toward the standards of the more mature markets.
Read More →At this year’s carnival in São Paulo, Daimler’s subsidiary Mercedes-Benz do Brasil will provide five trucks as lead vehicles the city’s carnival floats.
Read More →Copart, Inc. has opened its sixth location in Brazil, according to a company announcement. Its sixth location will be located in Betim, Minas Gerais and will offer a wide selection of salvage and used vehicles, the company noted.
Read More →Daimler Trucks has announced a new millions-heavy investment package for the commercial vehicle plants of Mercedes-Benz do Brasil.
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Read More →Toyota do Brasil LTDA (TDB) has opened its new engine manufacturing facility in the city of Porto Feliz. Built on a plot of land that covers an area of 9.39 million sq. ft., the new facility represents an investment of $170 million and approximately 320 direct jobs in the region.
Read More →MiX Telematics, a global provider of fleet management, driver safety, and vehicle tracking solutions, announced the opening of an office in Sao Paulo, Brazil.
Read More →Nissan has announced that it will open an engine plant at its new vehicle plant in Resende, Brazil.
Read More →Vehicle sales in Brazil dropped last year despite hefty government incentives, as a weak economy weighed on consumer confidence.
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