In the South and Central America automotive industry, there were 5 M&A deals announced in Q2 2023, worth a total value of $86.4m, according to GlobalData’s Deals Database. The $65.4m acquisition of Tiete Caminhoes e Onibus by Maquinas e Equipamentos and Vamos Locacao de Caminhoes was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Automotive Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

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In value terms, M&A activity in South and Central America increased by 296% in Q2 2023 compared with the previous quarter’s total of $21.8m and fell by 89% as compared to Q2 2022. Related deal volume increased by 400% in Q2 2023 versus the previous quarter and was 150% higher than in Q2 2022.

For further understanding of GlobalData's Automotive Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.

This content was updated on 18 July 2023

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