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...
 
Nov 30, 2018: Fitch Solutions has revised down its forecast for Argentinean vehicle sales, predicting a 13.6% year-on-year fall in 2018. The market analyst said the heaviest annual losses would be commercial vehicles, which it expected to drop by 29.4% across t...
 
Nov 07, 2018: Cadillac has announced it will “temporarily pause” its car subscription service in the US next month as part of a strategic review. The manufacturer says it will review results from the programme before developing a new strategy. Book by Cadillac...
 
Oct 26, 2018: News that Toyota Motor and Mazda Motor are in the final phase of talks on integrating their auto sales financing businesses has hardly come as a surprise to the industry. The auto financing tie-up will allow Toyota to expand its business, while Ma...
 
Aug 31, 2018: Argentina's automotive market is on track for its worst year since 2002, according to the head of a major dealer organisation. Dante Álvarez, head of the Asociación de Concesionarios de Automotores de la República Argentina (ACARA), made the decla...
 
Aug 30, 2018: A decision by Moody’s to downgrade Ford’s debt rating has highlighted the size of the financial challenge facing manufacturers as they adapt to a new mobility environment. The credit rating agency has downgraded Ford to Baa3 from Baa2, one notch a...
 
Jun 21, 2018: Carvana in the US is the latest company to introduce a new concept in car sales - multi-story vending machines. It now has 11 vending machines in Houston, Austin, San Antonio, Dallas, Nashville, Raleigh, Charlotte, Jacksonville, Tampa, Orlando and...