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A more stable economy in Mexico is driving change in vehicle purchasing strategies. Fleets are becoming more focused on controlling costs which is also increasing interest in telematics services.
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CalAmp has established a strategic alliance with the Volkswagen Group’s truck and bus manufacturing division via its subsidiary group LoJack Mexico which seeks to provide the automaker telematics and surveillance video services across its entire range of truck and bus vehicles sold in Mexico.
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General Motors' president and managing director of its Mexico operations has retired and will be succeeded by GM de Mexico's current vice president of vehicle sales, service and marketing.
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Ford Motor Co. would feel a "significant impact" if the Trump administration imposes a tariff on cars, engines, and other automotive components it imports from Mexico, a top executive has told investors.
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CalAmp has acquired telematics companies in Mexico and the United Kingdom that utilize LoJack technology to provide connected vehicle and asset tracking services across their respective regions.
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A Mexican insurance company is collaborating with a global telematics provider to help analyze the driving behavior of its commercial fleet and expand telematics capabilities in the Mexican market.
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Members of the Mexico Fleet Manager Group have announced a partnership with the Automotive Fleet & Leasing Association (AFLA) to form the Mexico Fleet Council to promote dissemination of best practices in North America.
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The automotive industry in Mexico has been growing each year since 2009, but 2017 was the first year sales decreased. Although retail and fleet sales declined, Mexican automotive industry continues to post strong export sales.
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Hyundai is establishing regional headquarters in the North America, Europe, and India regions in an effort to spur sustainable growth and enhance innovation.
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The rollout of two new market-specific cabover trucks in Mexico exemplifies Daimler Trucks overarching strategy of acting globally but thinking locally.
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