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New Vehicles Reshape Latin Americas Market

Many of the automotive engine oil trends that are swaying markets globally - the drive for greater fuel economy, extended service life and durability, and rapid advancements in engine design - are also influencing the Latin American lubricants market, according to several presenters at the ICIS Pan American Base Oils and Lubricants Conference last month.

Car Sales Mixed in Latin America

Vehicle sales for last year were up in Brazil and Colombia but down in Mexico, Argentina and Chile, according to data from a variety of automotive associations and agencies. The five countries have the largest national fleets among Latin American countries.
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