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Learn moreOct 2020
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Daily rentals suffered a significant impact at the beginning of the second quarter of 2020, especially in April, when the virus began to spread rapidly in Brazil and the social distancing measures imposed at state level restricted tourism activities. As a result, car rental companies saw a significant number of cars being returned, which led to crowded parking courtyards.
In other cases, car rental companies have made adjustments to their price dynamics to discourage the return of cars. In the case of Localiza, for example, the company reduced its average daily rate until it reached its minimum value in April 2020, adding to the fixed rate an additional charge proportional to the number of kilometres travelled.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in Brazil with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Car Rental industry in Brazil, our research will save you time and money while empowering you to make informed, profitable decisions.
The Car Rental in Brazil market research report includes:
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This industry report originates from Passport, our Travel And Tourism market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.