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Search results for: 'projects'
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26 Apr 2023 | Latin America | Market Outlook
LATAM Automotive Growth Outlook 2023
Future Growth Potential of the Automotive Industry in 2023 after Recovery During 2022
The Latin American automotive industry continues to grow, despite COVID-19, scarcity of resources and auto parts, the Russo-Ukrainian War, inflation, and exchange rates affecting vehicles’ availability and prices. With 4.4 million units sold and a slow recovery from the pandemic, Latin American automotive expanded by 2.7% in 2022. Ecuador showed...
$4,950.00
Special Price $3,712.50 save 25 %
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31 Mar 2022 | Latin America | Market Outlook
LATAM Light Vehicle Growth Opportunities, 2021
Geopolitical Chaos due to the COVID-19 Pandemic Directly Impacted Light Vehicle (LV) Sales
In 2020, there was a 26.8% drop in total LATAM passenger vehicle sales, equivalent to a reduction of 1.5 million units. The Brazilian market was responsible for the largest drop in units, reaching 710,000 units less than 2019, followed by Mexico’s 368,000 unit drop. The automakers had different strategies for this period, from closing plants to dev...
$4,950.00
Special Price $3,712.50 save 25 %
