
Registrations of light commercial vehicles (LCVs) in Brazil were up 15.6% in May, when compared to the same time last year, and were also up by 9.9%. year-to-date.
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While the company has no plans to sell the vehicle to U.S. buyers, it's hoping to "gauge market reaction" for the compact pickup, according to Volkswagen.
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Vehicle production in Brazil rose by almost 30% in February, which was heavily bolstered by the production of trucks, which led the way with a 41.4% growth.
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Ford is ending its commercial heavy truck business in South America, ceasing production of its Cargo lineup, F-4000 and F-350, as well as its Fiesta, and redirecting its focus instead on SUVs and popular pickups in the region.
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General Motors will invest $1.3 billion toward vehicle production in Brazil, an announcement that followed the automaker's tentative plans to invest more than $2.73 billion in the Brazilian market over the next several years.
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Light commercial vehicle sales in the Brazilian fleet market for 2018 were up 17.5% when compared to what was reported in 2017, and vehicle sales, overall, also rose by 14.6%.
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This year alone, Hertz has added a total of 542 Mercedes-Benz Atego trucks to its fleet. The vehicle rental company has now increased its fleet to more than 1,200 Mercedes-Benz vehicles in the more than 7.5-ton segment.
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The Chevrolet Bolt EV will be available for the first time in Brazil beginning in 2019 with a starting price of approximately $12,799.
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Chevrolet is introducing in-vehicle 4G Wi-Fi hotspots for the Brazilian market in 2019 branded vehicles, which will allow up to seven devices to be connected at the same time.
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With a population of more than 210 million people, Brazil is the largest fleet market in South America. The strongest vocational segments acquiring commercial fleets are pharmaceutical, agribusiness, and food companies.
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