Latin America Automotive Industry: What Are the Key Growth Drivers?
Connected and electrified vehicles, new business models, and increasing competition enable growth opportunities
Overview
The Latin American automotive industry maintains its rising popularity despite the severe effects of COVID-19 on local economies, international conflicts, inflation, exchange rates, and difficulties arising from credit accessibility.
Which region showed the most growth in the automotive industry in Latin America?
What is the impact of the rising penetration of Chinese original equipment manufacturers on the growth of this region?
How will the changes in the total amount of light vehicle sales impact the growth trajectory of this landscape?
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