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Brazilian Rent a Car (BRZ Rent A Car), a new car rental brokerage site, has launched in Brazil. The car rental network rents cars from suppliers in 25 Brazilian cities.
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Readers get a closer look at the commercial fleet market in 13 countries in South America, including information on fleet market size, fuel prices, the used-vehicle market and maintenance trends.
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BlaBlaCar, a French-based ride-sharing service, launched in Brazil on Nov. 30. The mobile app and online service connects users needing a ride with drivers.
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The South American automotive market has tremendous potential. IHS Insights forecasts the continent’s automotive market will grow significantly by 2025, becoming one of the top three growth markets globally for light-vehicle sales.
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Avis Budget Group Inc. has acquired 100% ownership of its licensee in Brazil by purchasing equity and debt interests in the business for approximately $40 million.
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Brazil's business travel spending is expected to grow 3.6% in 2014 and 4.1% in 2015, down from projections of 12.5% and 5.9%, according to the Global Business Travel Association (GBTA).
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According to a GBTA Foundation report, China leads growth of all 75 countries in the report, having grown from $32 billion in 2000 to $225 billion in 2013.
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Four rental companies share their preparations for Brazil’s global event as well as their expectations for their businesses during the month-long tournament.
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With just days to go before the first kick off, Hyundai Motor Company, Official Partner of the 2014 FIFA World Cup Brazil, delivered over one thousand vehicles for the ground transportation to organizers of the sporting event in Brazil.
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Partnering with Los Cipreses, Europcar has launched in Brazil and opened its first franchise locations in the cities of Curitiba, Florianopolis and Porto Alegre.
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