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In addition, there has been a 20% decline in fleet sales in neighboring Uruguay. The peso has depreciated and the government has decreased fleet purchases.
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Latin American telematics provider Ituran Road Track will use TomTom as the map and navigation software provider to power their OEM Telematics Solutions.
Read More →While it already has a presence in Brazil, Chile, and Peru, Argentina was a "missing link" in ALD Automotive's regional offering. To extend its presence in the region, ALD has partnered with Autocorp in Argentina.
Read More →After a trial in 2015, Samsung is taking its "transparent" safety truck to the roads of Argentina for further testing and plans to roll it out across the globe later this year.
Read More →Brazil wants to open trade in vehicles and auto parts with Argentina and Mexico in a shift away from protectionism.
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Chery launched its new QQ minicar in Argentina in late December. This follows Chery’s other launches for Argentina’s A0-segment market, the Fulwin and Tiggo.
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The South American automotive market has tremendous potential. IHS Insights forecasts the continent’s automotive market will grow significantly by 2025, becoming one of the top three growth markets globally for light-vehicle sales.
Read More →Argentina's automobile industry must improve its competitiveness in the wake of Brazil's currency devaluation and look for new markets in Europe and the Pacific, the president of Fiat Argentina Cristiano Rattazzi said recently.
Read More →According to theTechSci Research report "Argentina Tyre Market Forecast & Opportunities, 2020", the tire market in Argentina is forecast to grow at a CAGR of around 12 percent during 2015-2020 driven by reviving automobile production and sales.
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Renault introduced its first pickup, the Duster Oroch, at the seventh annual Buenos Aires International Motor Show, which took place from June 19-28.
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