Sep 30, 2019: Fiat Chrysler Automobiles (FCA) and its US subsidiary FCA US are to pay $40 million in order to resolve a length probe by the Securities and Exchange Commission (SEC) over claims the companies mislead investors about monthly sales figures over a fi...
 
Sep 16, 2019: Innovative vehicle subscription app Fair is acquiring the assets of the Canvas vehicle subscription service from Ford Motor Credit Company for an undisclosed sum. The agreement enhances Fair’s position in the vehicle subscription market, enabling ...
 
Sep 06, 2019: Nissan has begun selling its electric Leaf passenger car in the four largest Latin American markets of Argentina, Brazil, Chile and Colombia. The move follows a 'pre-stage sale' for the current, second-generation Leaf, which commenced in all four ...
 
Sep 06, 2019: Automotive exports and wholesale increased in July, defying falling production numbers in Argentina’s struggling new vehicle market. Exports of 19,913 units represented a 14.4% rise on the previous month according to the Association of Automotive ...
 
Sep 06, 2019: German-based insurance conglomerate Allianz is set to acquire Brazil’s Sul America automotive and property insurance portfolio for 3 billion reais (US $734 million). The move represents the company’s biggest-ever investment in Brazil, which is Lat...
 
Jul 01, 2019: Mercedes-Benz is expanding its vehicle subscription service program in the US following the success of a pilot scheme in Philadelphia and Nashville. Mercedes-Benz Collection will launch in Atlanta, the home city of Mercedes-Benz USA, with a three-...
 
Jun 24, 2019: For many years, the dominant players in the automotive consumer market have been Baby Boomers, (those born in the years following the Second World War) but forecasts indicate that Millennials (those reaching adulthood in the 21st Century) will beco...
 
May 29, 2019: Truck manufacturer Scania has announced that it will invest 1.4 billion reais ($344 million) to update its factory in Sao Bernardo do Campo, near São Paulo, Brazil. The funding will be used to update the company’s assembly line and launch a new se...
 
May 29, 2019: Urban mobility solutions and micro-mobility companies represent the biggest opportunities for passenger vehicle growth in Latin America, according to consultancy specialist Frost and Sullivan. The organisation’s Latin America Passenger Vehicle Mar...
 
May 29, 2019: The Argentinian government has increased tax rebates for vehicle manufacturers exporting products to the South American common market (Mercosur) in a bid to boost flagging sales. The ministry for labor and production increased tax refunds for auto...