Companies / Peru
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Peru Continues To Report Positive Growth
November 2006 | BMI ViewSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The absence of any significant investment by industry majors in Peru's automotive market sees Business Monitor International (BMI) reiterate its forecasts for the sector in the Peru Automotives Report for Q406. The trend of positive growth for the sector has continued during the second half of the year, with Peruvians buying more new vehicles on the back of increased consumer confidence and greater purchasing power. In fact, industry data shows that Peru boasts Latin America's fastest growth rate in the new car market.