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Nine years ago, so many cars in Argentina are not produced in the first half

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After 42,848 units of June, 33.8% more than in the same month of 2024, the automotive industry amounted to 250,478 vehicles since January, which is 15.5% growth compared to volumes a year earlier, Association of Automobile Plants (ADEFA) said. This was the best first semester of the industry in nine years, which is higher than 224 038 cars made in the first half of 2016, according to the statistics of the terminal chamber.

Export, meanwhile, grew by 2.2% in the semester, to 129,654 units, the highest brand since 2015 (132 306 offices). On the other hand, wholesale sales on the domestic market amounted to 299 001 of the car, which amounted to 84.6% against the first half of 2024 and the same amount of 421,607 supplies to dealers, which accumulated from January to June 2018.

“Data show a very positive inter -day evolution in three main variables of the sector: production, export and sale,” said Martin Zuppie, President of Adepa.

The production of the production of the semester was more than 10%than the leaders of the sector, predicted at the beginning of the year. The strong recovery registered in the domestic market was mainly influenced: patents grew by 77.8% and became the best first semester over seven years.

Unlike an increase in production (15.6%) and exports (2.2%) and the promotion of imported models, whose penetration decreased from 42%to 57%in one year, wholesale sales of national production vehicles increased by 38.2%, to 114,924 units.

On the export side, the data show that retraction occurred in the main markets. Despite the fact that sales to Brazil, despite the fact that it was consolidated, as the greatest part (65.7%), added 85,124 units, which is 2210 less than a year ago, despite the fact that the domestic market of this country grew by 5%, to 1.2 million patents in the semester. This happened mainly from the problems with logistics that affected vehicles from Argentina, especially in March and April.

For their part, deliveries to Mexico collapsed in 1294 units, only 934 cars. Two other relevant markets fell: Uruguay (1457 units; they were 373 more in the period from January to June 2024) and Colombia (it lost 609 cars and amounted to 5274).

On the contrary, the destination that increased in volume were Peru (2474 units, up to 7634), Central America countries (2038, up to 17 006) and Chile (1525, up to 6532 exports).

In 2024, the industry produced 506,571 passenger and utilitarian vehicles, which is 17.1% falling from 610,715 units of 2023, which was the highest level in nine years. If the rhythm saw in the first semester, the year will be closed between 575,000 to 600,000 units, one step below this amount.

In his analysis, Zuppi also put a magnifying glass on the specific results of June.

“The monthly results reflect the process of adaptation of structures to new productive conditions, in the context of new investments, the resumption of the supply and closure of the industrial cycle of some models,” the months referred to the production data.

In export, he admitted: “There is a limited eighted improvement.” Nevertheless, he called the “encouragement” an increase of 9%to 22,760 units, which was noticed in a month. Nevertheless, he explained that the improvement of 2.2%accumulated in the semester is softer, “as a result of greater competition in the destination markets, as well as constant challenges in terms of competitiveness and access to new markets.”

Meanwhile, Zuppi is a local Stellantis pilot, a manufacturer of the two best models in the country (Peugeot 208 and Fiat Cronos), emphasized the effectiveness of wholesale sales, which in June added 59,807 units, 85% more than last month last year.

“The dynamism of the domestic market has largely reacted to the elimination and reduction of various layers of domestic tax, the elimination of the country’s tax and import restrictions, which made it possible to expand the affordable proposal and accompany the demand for demand, also contributed to access to loans,” he described.

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