The automotive market registered the best performance so far this year with 7,005 new units marketed in September.
The sector automotive showed in September a sign of recovery: According to data from the Automotive Trade Association of Uruguay (Acau), 7,005 were marketed vehicles new, which implied a increase year -on -year of 29% and an advance of 11% in the accumulated of the first nine months of the year.
The rebound of car sales occurs in a context of gradual improvement of the consumption private, sustained by the moderation of the inflation and the stability of credit.
The private car segment led the growth monthly, with 2,595 units compared to 1946 in August, while SUV one of the most demand categories, reached 2,644 units, compared to 2,040 the previous month.
An increase in trucks and Utilitarianswith 250 and 1,501 units respectively, which reflects dynamism in sectors linked to distribution and logistics.
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More dynamism in cars and SUV
Although the recovery rhythm remains heterogeneous, the figures confirm a trend of resuscitation of consumption of Durable goodsafter a first semester with mixed signs. To this is added a more favorable financial environment: real interest rates remain at low levels, and the stable exchange rate continues to encourage spending on local currency.
The notorious increase in vehicle sales 0 km is not only good news for the sector, but a key indicator of the trust of the consumer and macroeconomic improvement. The projections of Acau suggest that, if this trend is maintained, the year would close with a figure of new vehicles marketed superior to the last two exercises. This dynamism It is also promoted by the arrival of New models and technologiesparticularly in the segment of the SUVthat attract an audience that seeks more space and security.
In the field of utility, strong demand is directly related to investments in the agro and constructionwhich predicts a last quarter of strong activity For the concessionaires.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
