# Peru: State of the Commercial Fleet Market | Automotive Fleet

> Imported Chinese-brand vehicles are gaining share in Peru's small business fleet market because their prices sit well below the market average. This shift is putting downward pressure on used-car prices. Mining, which accounts for 60% of exports, is a major buyer of fleet vehicles.

- Date: 2018-02-08 · published 2018-02-08T12:00:00.000Z
- Category: market · region Peru · magnitude low
- Page: https://feedsoft.ai/events/66769-peru-state-of-the-commercial-fleet-market-automotive-fleet
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

For feed buyers this is a peripheral fleet-market note with no direct link to feed grain, meal or livestock prices. It has negligible effect on commodity supply, demand or price.

## Sources

- automotive-fleet.com: https://www.automotive-fleet.com/articles/peru-state-of-the-commercial-fleet-market

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.