Why does Mexico continue to attract so many automotive companies?
Lower costs and skilled workers certainly contribute, but there is even more to it. Mexico is already the world´s fourth largest exporter of cars and continues to expand its automotive industry.
Will Brazil become the world´s third-largest national automotive market by mid-decade?
The dynamic economy and access to credit may continue to generate millions of new buyers. But barriers like high production costs, high taxes and technology deficit continue to be challenges that need to be defeated.
Can per capita car ownership in Latin America double again in the next ten years?
The expansion of credit access is the principal driver behind the explosion of car sales and this trend is expected to continue. For millions of people a vehicle purchase is within their reach for the first time and the drivers of sales...