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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...

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...

22 Nov 2021  |  Latin America  |  Market Research

Argentinian Light Vehicle Leasing Growth Opportunities

Fleet Management Services Enhance Leasing Companies’ Growth Pipeline as a New Product

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Vehicle leasing can be a solution to the growing number of challenges companies face concerning their mobility needs. These include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses seek to focus on their core products/services and outsource support activities. Mobility is a sig...

01 Nov 2021  |  Latin America  |  Market Research

Brazilian Light Vehicle Leasing Growth Opportunities

The Rise of New Mobility Services is Driving the Growth Strategies of the Market

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Vehicle leasing can be a solution to the growing number of challenges companies face concerning their mobility needs. These include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses are focused on their core products/services and seek to outsource support activities. Mobility is...

19 Feb 2020  |  Latin America  |  Market Research

Light Vehicle Leasing Market in Brazil, Forecast to 2023

Expected Economic Recovery and Increasing Popularity of Fleet Outsourcing Among Brazilian Companies to Drive Operational Leasing

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The Brazil automotive industry continues to grow—following a recovery in 2017—after years of declining vehicle registrations due to the region’s economic and political turmoil. The operational leasing or long-term rental segment has grown over the last four years in Brazil by addressing the mobility needs of corporates; it is now dominating the com...

This research service considers the biologics market in Brazil. It covers the markets move toward greater regulation and outlines the impact of specific patent expirations. An analysis of monoclonal antibodies, blood factors, insulin, filgrastim, interferon, growth hormones, and erythropoietin is provided. This service also highlights key marke...

21 Dec 2020  |  Latin America  |  Market Research

Increased Adoption of DDoS Protection and Mitigation Solutions Powering the Global Network Security Testing Market

Future Market Prospects Enhanced by Growth Opportunities in 5G Deployments and Hyperscale Cloud Data Centers

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Organizations’ traditional attack surfaces have grown in size due to the many physical and virtual network environments and traffic volume. There is a new network reality with increasing complexity that organizations need to consider due to open and virtual architectures, multi-cloud scale including hybrid clouds, a mix of applications, global acce...

This research tracks the economies of Costa Rica, the Dominican Republic, Guatemala, Jamaica, Panama, and Puerto Rico. The research provides insights into the macroeconomic and automotive outlook for these select Latin American and Caribbean economies, with forecasts until 2023. Topic areas analyzed include the gross domestic product (GDP) growth, ...

08 Oct 2019  |  Latin America  |  Market Research

Future of Brazilian Connected Truck Market, Forecast to 2025

Addressing the Case for Connect Trucks through Fleet Management Systems is Essential to Tackle Pain Points of the Main Industries in the Country

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Key Issues Addressed

Brazil has a moderately fragmented connected truck market that is served by more than 20 telematics companies, leading OEMs, and over 35 startups that work with commercial trucking and transport and logistics (T&L) industry. The country is going through a challenging period, with the economic recession still impacting truck sales and other industri...