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12 Oct 2020  |  Latin America  |  Market Research
Analysis of ADAS Features in the Latin American (LATAM) Passenger Vehicle (PV) Market
The Introduction of Advanced Driving Assistive Systems (ADAS) is becoming Imperative Across Various Mid-size Segments in LATAM Markets
As the global automotive industry moves towards the development of fully autonomous vehicles and envisions a future without road accidents, the Latin American automotive market is making significant advances in the introduction of new advanced driving assistance features. Many Latin American countries have some of the most severe road fatality figu...
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14 Feb 2022  |  Latin America  |  Market Research
Latin American Hybrid and Electric Vehicles Growth Opportunities
Transformational Growth of Electric Vehicles due to Changing Regulations, OEM Strategies and Offers, Increasing Charging Infrastructure, and Varying Economic Situation of Latin America
This research service analyzes and provides growth forecasts for 2030 for the LATAM hybrid and electric vehicles market (PHEVs, HEVs, and BEVs). By 2030, the commercialization of approximately 1 million electrified vehicles is expected in LATAM, and the total electrified vehicles in operation will be about 5.4 million. Analyzing 2030 sales by techn...
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23 Dec 2022  |  Latin America  |  Market Research
Electric Vehicle Competitive Landscape for Key North American Vehicle Manufacturers & xEV Component Strategies
Future Growth Potential of Vehicle Electrification and Milestones of Automakers
Stringent emission regulations boost the growth of the emerging EV industry. Supply chain disruptions caused by COVID-19 and the Russo-Ukrainian war have led to a surge in commodity prices, which affected the global automotive value chain. In addition, economic sanctions between multiple countries have complicated the procurement of EV components;...
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21 Jul 2025  |  Latin America  |  Frost Radar
Frost Radar™: Light Commercial Vehicles in Latin America, 2025
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
Latin America is evolving into a promising hub for light commercial vehicles (LCVs). With growing investments from global automotive players, the region is poised for increased output and innovation. Global and Chinese OEMs are intensifying efforts through local assembly, telematics integration, and alternative fuel adaptation to stay competitive a...
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21 Sep 2020  |  Latin America  |  Market Research
Connectivity Features Powering the Latin American Passenger Vehicles Market, 2020–2025
Future Growth in Connected Vehicles/Services to be Led by Multimedia, Infotainment, Instrument Panel, and HMI Solutions
The world is in a massive transformation phase, where digital solutions are being introduced in most of the key markets. The automotive industry is part of this transformation, launching new products, technologies, services, and interfaces. Automakers are no longer hardware makers, but evolving into technology companies. This new scenario is pushin...
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30 Nov 2023  |  Latin America  |  Market Research
Brazilian Vehicle Subscription Growth Opportunities
Rising Demand for Cost-efficient Personal Mobility Solutions Enhances Future Growth Potential
The vehicle subscription market in Brazil is still in its nascent stages. However, with a promising business outlook, the market is expected to experience rapid growth. This research service examines the qualitative and quantitative aspects of the vehicle subscription market in Brazil by evaluating its performance and identifying the trends that im...
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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...
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24 Feb 2020  |  Latin America  |  Market Outlook
Latin American Passenger Vehicle (PV) Market Outlook, 2020
The Regional Market is Expected to Grow by 5.5% in 2020, Reaching 6.1 Million Units
In 2019, the Latin American economies faced several challenges, including generalized social unrest, economic crises in some countries, and political instability, all of which had a certain impact on local light vehicle (LV) markets. From 6.1 million units commercialized in 2018, the market fell by 5.0% to merely 5.8 million units in 2019, far from...
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22 Sep 2025  |  Latin America  |  Market Research
Growth Opportunities in the Mexican Connected Truck Telematics Market, 2025
Future Growth Potential Enhanced by Growth Opportunities in Security, Fuel Management, and Vehicle and Cargo Safety Solutions
The connected truck telematics industry in Mexico has been growing, primarily driven by the need to protect vehicles and cargo, reduce the total cost of ownership (TCO) for fleets, and comply with legislation. In 2024, for example, 1.51 million trucks were connected in the country, with fleet management and/or video solutions. This figure indicates...
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16 Dec 2019  |  Latin America  |  Market Research
Brazilian Electric Vehicles Market, Forecast to 2025
With about 1,000 BEVs and PHEVs in Operation as of 2018, PHEVs are Expected to Lead Market Growth in 2019
The study analyzes and provides growth forecasts for 2025 for the Brazilian electric vehicles market (only PHEVs and BEVs). In Brazil, about 15,000 EV units (about 9,300 PHEVs and 5,800 BEVs) are expected to be commercialized by 2025. This study focuses on vehicle features, technology, infrastructure, brands, models, and new services in the Brazili...
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