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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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Peru is one of the fastest growing economies in Latin America, and the economy of Chile is ranked as a high-income economy by the World Bank.
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European fleet management provider Fleet Logistics has gone live in Latin and Central America, managing Syngenta's fleet of around 1,600 vehicles in eight countries across the region.
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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 →The Mobile Resource Management (MRM) sector forecasts 50% growth over the next five years in Brazil, Russia, India, and China. In a press release, Azuga announced that it plans to make the necessary investments in its plug-and-play technology to lead the market on a global scale.
Read More →Axalta Coating Systems, a global supplier of liquid and powder coatings, has introduced Centari line of refinish coatings for collision body shops in Colombia.
Read More →UPS has expanded its UPS Worldwide Express package service to 23 additional countries and territories, with the majority of the expansion taking place in Latin America, including Colombia and Ecuador.
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Nissan has announced that the brand will produce a new crossover that will be sold globally, starting with Latin American markets, from 2016.
Read More →A new research report forecasts that the Latin American commercial vehicle telematics market will reach 27.9 percent market penetration by 2021.
Read More →Citroen Do Brasil has released the new C3 Aircross that was developed for Latin American markets and made locally at the Porto Real plant, which has sold more than 110,000 units since it was first released in 2010.
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