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SOURCE Research and Markets
DUBLIN, Ireland, December 30, 1899 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/4r9cwh/south_american) has announced the addition of the "South American Automotive Production Outlook to 2018 by Vehicle Type, Fuel Type and Key Country Level Markets" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
The South American automobile industry can be sub-segmented on the basis of two types: vehicle type [passenger cars, light-duty commercial vehicles (LCVs), and heavy-duty commercial vehicles (HCVs)] and fuel types (gasoline, diesel, and others). During the course of time the South American automotive production market has matured and grown due to different reasons such as the fast-growing FDIs, cheap labor, and increasing GDP. The region is also an attractive emerging market for all the original equipment manufacturers (OEMs) because of the rising vehicle demand in countries such as Brazil and Argentina. The vehicle industry has been showing continuous technological advancements mainly in different powertrain segments.
The key driver which is responsible for driving the growth of the automobile industry in the Latin American region is the fast economic recovery of the region after the global financial crisis. Brazil's economy was able to return to positive growth within two quarters. With the rise in the region's economic growth, it has become a promising market for the OEMs to invest in. Another reason for this continuous growth is the trade agreements signed between the countries in this region and also with other foreign countries. For instance, one of the major trade agreements is MERCOSUR trade agreement signed between Argentina, Brazil, Paraguay, and Uruguay and another is the South American Free Trade Agreement (SAFTA) which is signed between the major countries of South America. All these factors have put the automobile industry in the South American region on a promising growth track.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 South American Light Commercial Vehicles Market, By Country & Fuel Type By Country & Fuel Type
5 South American Light Commercial Vehicles Market, By Country & Fuel Type
6 South American Heavy Commercial Vehicles Market, By Country & Fuel Type
7 Engine Production Scenario
8 Competitive Landscape & Strategies
9 Company Profiles
For more information visit http://www.researchandmarkets.com/research/4r9cwh/south_american
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