Imported Chinese brand vehicles are increasing their market share in the small business fleet market in Peru since most models are priced well below the average market price. This has put downward pressure on used-car prices.
Commodity Prices & Exchange Rates Impact Fleet Market in Chile
Fleet vehicles represent approximately 20-25% of annual new-vehicle sales in Chile. Top buyers of fleet vehicles are in the telecommunications and mining industries, along with political subdivisions, police departments, and military.