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...
 
Mar 29, 2019: General Motors has announced plans to invest R$10 billion ($2.6 billion) in two factories in São Paulo, Brazil, after the government opened up tax breaks for automotive manufacturers operating in the region. The IncentivAuto initiative offers a 25...
 
Mar 19, 2019: Ford has announced the closure of its Sao Bernardo do Campo factory in Brazil as part of its global restructure. Located close to Sao Paulo, the factory currently assembles Cargo and F Series trucks as well as the Fiesta passenger car. It has been...
 
Dec 13, 2018: NR Finance Mexico has launched a new short-term finance plan for Nissan customers, known as Selectiviti. Available through Credi Nissan finance, it offers loans of up to two years with lower monthly payments than traditional credit schemes. The f...
 
Dec 13, 2018: Online used vehicle sales in Brazil doubled in the first three quarters of 2018, according to a survey by Auto Avaliar. The digital sales and inventory specialist said used vehicle e-commerce generated 22 billion Brazilian reais (USD$5.6 billion) ...
 
Nov 30, 2018: A study of 4,000 Mexican car buyers has reported an increase in the number of motorists looking to buy a vehicle between one and five years old. Conducted by the Federación de Asociaciones de Concesionarios de la Automoción (Faconauto) and Mexican...