Investments in connected services in Brazil and Mexico to explode

Brazil and Mexico have a strong and well-developed automotive aftermarket, with service providers (SPs) offering stolen vehicle tracking (SVT), monitoring and immobilisation solutions. However, OEMs are looking to go beyond the existing basic service offerings to create new revenue streams and boost their presence in these countries, and connected services are expected to play a vital role towards brand differentiation and maintaining market share in an increasingly competitive automotive market.