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Replacement demand for tires in Brazil is anticipated to grow at a faster rate during 2016-2021 than OEM tire demand. Some of the major players operating in Brazil's tire market are Pirelli, Michelin, Goodyear, Bridgestone, Continental and Rinaldi.
Read More →The automaker posted a market share of 6.5%, up by 0.3 point in the Americas.
Read More →Orpak Systems, a solution and service provider for retail gas stations and commercial fleets, has acquired Brazilian fiscal fuel station management software provider Microsffer.
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During the Sao Paulo and Bogota auto shows, Chery showcased its latest offerings to the Latin American markets.
Read More →With the opening of the Sao Paulo Auto Show this week, forecasts for growth in the auto industry remain modest.
Read More →If UN vehicle safety regulations were applied by four key Latin American countries, 40,000 lives could be saved and 400,000 serious injuries prevented by 2030, according to a new report by Global NCAP and the Inter-American Development Bank,
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Mercedes-Benz has debuted its Concept X-Class mid-size pickup that will be launched in late 2017 in markets, including Argentina, Brazil, South Africa, Australia with New Zealand, and Europe.
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In the latest of its ongoing reports on market conditions around the globe, Automotive Fleet has zeroed in on one of the tumultuous automotive market regions in the world — South America.
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Automotive sales declined 28.6% year-over-year during 1Q 2016. In the fleet market, all major OEMs are using various financial incentives to defend their market shares. The 2016 forecast is that there will be 123,000 fleet sales.
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Brazil is in a political and economic crisis that has caused the country’s auto market to shrink 27% in 2015-CY, and is forecast to shrink another 13% in 2016. Fleet sales have also decreased, but at a slower pace than retail sales.
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