Across Latin America sales prospects are becoming increasingly varied with the promising sales outlook in South American markets like the Mercosur and Andean Community trade blocs contrasting with a more subdued outlook for Central American markets and Mexico.
Exhibits and announcements at the 2018 Detroit Auto Show reflect two major current trends for automakers: firstly, satisfying the current demand for big trucks and SUVs, and secondly, planning for an electric and autonomous future. The latter will weigh on carmakers financially until new technologies start to make money.
Chilean passenger car sales growth will remain high in 2018 thanks in part to an attractive mix of macroeconomic factors, namely: rising household incomes and employment, low interest rates and an appreciation in the Chilean peso.
A member of our Client Services team will be in touch soon to arrange a convenient time for a free demonstration of the service. If your enquiry is urgent, please email our team here.
Thanks, BMI Research