With 4.4 million units sold, the LATAM passenger vehicle market grew by 11.7% in 2021. The Chilean market had the biggest growth in the region, selling 60.6% more units than in 2020, going from 258.8 million units to 415.6 million units in a year. The Brazilian market, the biggest in the region, still has not reached pre-pandemic numbers. Chinese OEMs are slowly gaining their own space in the regional market. In this research service, the publisher analyzes the PV market outlook for 2022. The market is expected to grow 7.6%. Estimates show that Uruguay will be the strongest, with a projected growth of 22.9%, followed by Mexico with an estimated growth of 12.3% and Ecuador with 9.7%. Some trends analyzed in the study are the rise of Chinese OEMs in the LATAM market and EVs in the region.Despite the Pandemic-Induced Geopolitical Chaos in the Region, LATAM is Set to Grow at the Rate of 7.6% in 2022
Key Issues Addressed
- What is the current status of the Latin American light vehicles market, and what is its forecast for 2022?
- How is the region recovering from the COVID-19 pandemic?
- Which are the key disruptive trends impacting the regional market?
- Which are the growth opportunities to be capitalized on?
- What is the status of EVs and Chinese OEMs in the LATAM market?
Table of Contents
1. Growth Environment- LATAM Automotive Highlights, 2021
- Pandemic-Related Challenges for the LATAM Automotive Industry
- 2021 Automotive, Actuals vs. Forecast
- LATAM Automotive Sales in the Last Decade
- Regional Snapshot
- Automotive Quarterly Snapshot
- Key Transformative Factors in LATAM, 2022
- Top Automotive Predictions for LATAM, 2022
- Top 5 Global Economic Highlights of 2021
- Top 5 Global Economic Predictions for 2022
- Global GDP Growth
- 2022 Scenario Analysis - Quarterly Global Growth
- 2022 Scenario Analysis - Assumptions
- 2022 Global GDP Growth Snapshot
- Advanced Economies - Predictions for 2022
- Emerging Market Economies - Predictions for 2022
- Top 5 Global Predictions For 2022 - Macroeconomic Policies and Developments
- 2022 Growth Opportunities - Top 3 Opportunities by Region
- 2022 Regional Trends - Risks and Policy Direction
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8™
- The Impact of the Top 3 Strategic Imperatives on LATAM Automotive
- Growth Opportunities Fuel the Growth Pipeline EngineTM
- Research Scope
- Segmentation
- LATAM Automotive Sales in the Last Decade
- Regional Snapshot
- LATAM Automotive Sales by Country
- LATAM Automotive Quarterly Snapshot (Impact of COVID-19)
- LATAM Automotive Sales by Country
- Penetration Rate by Segment
- Argentina - Quarterly
- Argentina - Sales Forecast
- Argentina - 2022 Predictions
- Brazil - Quarterly
- Brazil - Sales Forecast
- Brazil - 2022 Predictions
- Chile - Quarterly
- Chile - Sales Forecast
- Chile - 2022 Predictions
- Colombia - Quarterly
- Colombia - Sales Forecast
- Colombia - 2022 Predictions
- Ecuador - Quarterly Sales Analysis
- Ecuador - Sales Forecast
- Ecuador - 2022
- Mexico - Quarterly Sales Analysis
- Mexico - Sales Forecast
- Mexico - 2022 Predictions
- Paraguay - Quarterly Sales Analysis
- Paraguay - Sales Forecast
- Paraguay - 2022
- Peru - Quarterly
- Peru - Sales
- Peru - 2022 Predictions
- Puerto Sales Analysis
- Puerto Forecast
- Puerto Rico - 2022 Predictions
- Uruguay - Quarterly
- Uruguay - Sales
- Uruguay - 2022 Predictions
- Key Transformative Factors in LATAM, 2022
- Trend 1 - Chinese OEMs
- Trend 2 - Regional Trade Agreements
- Trend 3 of EVs
- Trend 4 - ADAS Solutions
- Trend 5 of Connectivity Services
- Trend 6 Diversification
- Trend 7 - New Brands
- USMCA Overview
- Pacific Alliance Outlook
- MERCOSUR Outlook
- Case Study - MERCOSUR-EU Agreement
- Ride On-demand Services in Latin America
- Car-sharing in Latin America
- Shared Electric Scooters in Latin America
- Bike-sharing in Latin America
- Growth Opportunity Local Production of EV Components
- Growth Opportunity SUV Interest
- Growth Opportunity in Electrified Vehicle Offers
- Key Findings and Outlook for 2022
- List of Exhibits
- Legal Disclaimer
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- MERCOSUR
