Brazilian vehicle sales, which have steadily declined in recent years, are projected to stabilize in the last quarter of the year, the country´s vehicle manufacturer association projected. While Anfavea, a Portuguese-language acronym for National Association of Automotive Vehicle Manufacturers, says numbers will remain low but not worsen, some dealerships expect improvement. Read More »

Sao Paulo, Brazil-based Campo Rico Fertilizers has secured additional equity funding of up to $40 million from agribusiness equity sponsor NGP Global Agribusiness Partners. “We look forward to working with this innovative and energetic team and are pleased to support their continued growth,” NGP Managing Director Mark Zenuk said. Read More »

The government of Venezuela, which for the past month has sought to intensify an initiative to increase crude oil prices by limiting production, said on Thursday that it will host a meeting on Oct. 21 in Caracas and is inviting all oil-producing countries, both inside and outside of the Organization of Petroleum Exporting Countries, to participate. Read More »

At the second meeting of the Regional Conference on Population and Development in Mexico, the effects of an aging population, maternal mortality, migration and more on Latin America and the Caribbean were discussed on Wednesday. In particular, hot button issues covered the new changes in population and maternal and infant mortality. The conference is from Oct. 6 to Oct. 9. Read More »

The four years of economic deceleration in Latin America are already affecting Latin Americans' capacity to find or hold onto jobs as well as their income, according to Augusto de la Torre, chief economist of the World Bank for Latin America and the Caribbean; while the region has already been posting worse-than-projected results for as many as five years, the job markets had remained for the most part unaffected in past years.  Read More »

Insteon, a provider of home-control network technology, announced a distribution partnership with Smartnex in Brazil. Insteon's applications include remote-control HVAC, timers, lighting, cameras, leak sensing, humidity sensing, occupancy sensing, and garage-door sensing and control. Users can control applications remotely from smartphones, tablets, laptops and desktops. Read More »

Capstone Turbine Corporation recently announced that it has a received an order for a C600 microturbine that will be powering a gas compression station in Colombia, a microturbine able to operate in dual mode and independently of the grid, or with the grid in a load sharing capacity; it can also provide power to the compression 27/7 and is modular, meaning it can easily be expanded to accommodate a future expansion. Read More »

Starwood Hotels & Resorts Worldwide announced Wednesday that it will open W Punta de Mita in Riviera Nayarit, Mexico. It will accommodate 120 guests who will be able to congregate in hotel-designed public spaces and enjoy Pacific Ocean views. The W Punta de Mita will be the second W property located in Mexico and an additional three more W hotels will also be opened throughout Latin America. Read More »

Amyris Inc. on Oct. 6 announced that the manufacturing of its third product produced this year at its industrial scale fermentation facility in Brotas, Brazil, is almost finished; the product represents the second critical fragrance ingredient successfully developed and produced at industrial scale for an Amyris collaboration partner, and the company is optimistic about its future. Read More »

Cargotec's Kalmar has received a significant order from its long-term customers, Sociedad Portuaria Region de Cartagena S.A. (SPRC) and Terminal de Contenedores de Cartagena S.A. (Contecar), in Cartagena, Colombia; the relationship between the two organizations dates back to 1997, and there exists a longstanding track record of trust and mutual reliance.  Read More »

Edmodo, a global education network, reached a partnership agreement with SINADEP- SNTE, the leading teacher’s union in Mexico, to consolidate communication and collaboration among SINADEP- SNTE teacher members. The new partnership will help SINADEP-SNTE's more than 1.4 million members collaborate and share best teaching practices, while encouraging professional development. Read More »

CRM technology services provider OSF Global Services on Tuesday announced the launch of its new partnership with automobile manufacturer Nissan Brazil, which is headquartered in Rio de Janeiro, Brazil; the company possesses a highly complex dealer incentives management process, where a significant number of manual tasks are required to plan, deploy and control dealer campaigns. Read More »

Undaunted by an economic slowdown in Latin America, G6 Hospitality, a U.S.-owned chain of hotels that owns the Motel 6 and Studio 6 brands, believes that this may actually help its expansion south of the border as there could be a search for value; G6 Hospitality, already present in 1,200 locations across the U.S. and Canada, is carrying out efforts to expand to Latin America following a decision in late 2013 that began to be fully implemented last year. Read More »

Following the announcement Monday in Atlanta that the United States, Japan and 10 other Pacific Rim countries have reached an accord for the Transpacific Partnership (TPP), the governments of Chile, Peru and Mexico, the three Latin American nations that are participating in the trade agreement, hailed the accord amid some local opposition and demands for transparency. Read More »

Application intelligence company AppDynamics on Thursday launched its operations in Mexico, where it will offer next-generation technology solutions to enterprises and government entities, as part of the company's goal to enhance the modern business environment through top-of-the-line services and advanced technologies, which are designed to help companies with monitoring and managing software solutions. Read More »

Nortech Systems Inc. of Minneapolis recently began doing printed circuit board assembly (PCBA) manufacturing at its Monterrey, Mexico, plant, which opened in 2002, offering complex wire and cable assembly production services; the facility is ISO 9001 certified, and PCBA manufacturing capabilities are also available at Nortech's Mankato and Merrifield, Minnesota, locations. Read More »

Tremor Video Inc., the video marketplace elevating brand advertising effectiveness across all screens, on Tuesday announced its launch into South America with the establishment of an office in Brazil; the new office follows Tremor’s recent expansion into the Asia-Pacific region, with the acquisition of Australian-based TVN, and it will be headed by Rafael Pallarés. Read More »

Brazilian state oil company Petrobras slashed its projected investments and operating expenses while keeping its projection for disinvestment and its production target unchanged. Petrobras made an adjustment to its 2015 and 2016 financial planning “given new Brent crude oil prices and the exchange rate” changes that have depreciated the Brazilian real currency against the U.S. dollar. Read More »

Aeromexico, the global airline of Mexico, has partnered with transportation provider AccesRail to give travelers access to increased and improved connectivity options via major railway and bus terminals in Spain, the United Kingdom and Canada. Aeromexico customers can purchase rail and bus tickets directly from Aeromexico's reservation centers, city ticket offices and travel agents. Read More »

Suzhou Furukawa Power Optic Cable Co. Ltd. was awarded a new contract by Proyecto Infraestructura Del Peru, a subsidiary of ISA Colombia, for supply of Optical Ground Wire (OPGW) and fittings for one of the largest power transmission projects in Peru; SFPOC’s contract is for the supply of 980km of OPGW and associated hardware and fittings for one of the largest 500kV power transmission line projects in Peru owned by Proyectos De Infraestructura Del Peru, an extension in Peru of ISA Colombia that Read More »