Industries

The Brazilian economy witnessed a decline in 2015 and 2016. The over-dependence on commodities, the high operating cost, the high inflation, and the low productivity have been challenges in recent years. The sharp slowdown in economic activities has influenced the country's transport and logistics (T&L) sector. Freight transport is heavily dependen...

Argentina´s economic growth is primarily driven by the new government's open economic policies that include fresh trade agreements with several European, Asian, and other G20 nations, which aim to attract FDI by establishing economic, legal, and political framework certainties and benefits. In the same vein, new taxation reforms that eliminate or ...

19 Jul 2017  |  Latin America  |  Market Research

Latin America Used Car Market, Forecast to 2022

Used Car Market will Transform by 2022, with New Business Models, and Growing Peripheral Markets with Low Motorization Rate

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The used car market in Latin America is expected to undergo significant changes over the next 5–7 years. Upcoming technologies and business models are likely to completely transform the way used cars are bought and sold. In 2016, 18.4 million units were sold. Unit sales are expected to reach 22.4 million by 2022, growing at a CAGR of 3.4%, althou...

Digitisation, sustainability, connectivity, smart mobility, and autonomous driving are among the key new themes reshaping original equipment manufacturers’ (OEM) DNA and strategies worldwide and in Latin America (LATAM). These themes are directly impacting future product roadmaps and vehicle developments in terms of technologies, services, and fe...