Master´s Degree in the Automotive Industry Businesses Latin America

The Automotive sector has changed in recent years, both at the level of manufacturers and at the level of Dealers and distribution networks. The management of sensations that was done before has given way to a more professional management, with data on which the analyzes, diagnoses and solutions to the problems that arise can be based. The members of the market must professionalize their management, and their skills must be homologated to other industries in decision-making, analysis, implementation of processes, relationships in the environment and digitization, etc.

In Latin America, almost 6 million vehicles were sold in 2019. 7% of world sales. There are 4 car producing countries; Brazil, Mexico, Argentina and Colombia. 8% of the vehicles manufactured in the world are produced in these countries.

The impact on the GDP of LATAM countries varies depending on whether they are producers or not. One could speak of between 4% and 8%. The same goes for the number of jobs.