The Association of Automobile Dealers of the Argentine Republic (ACARA) reported that the number of vehicles registered during July 2024 amounted to 42,892 units.
The Association of Automobile Dealers of the Argentine Republic (ACARA) reported that the number of vehicles registered during July 2024 rose to 42,892 unitswhich represents a down 2.8% year-on-yearsince in July 2023 44,117 units had been registered. If we compare it with June of this year, we see a rise of 38.8% since last month 30,906 units had been registered. At this point, it should be noted that last month there were fewer working days due to holidays.
In this way, the accumulated figure for the seven months of the year shows a patent of 226,318 unitsthis is a 19.1% less than in the same period in 2023in which they had registered 279,902 vehicles.
The President of TO FACE, Sebastian Beato He noted that “the good news is that in July, after several months, we have grown strongly again compared to the previous month, and thus we begin the second half of 2024 with a sales recovery, based mainly on two main reasonsthe gap in the exchange rate, which helps make the acquisition of many vehicles more convenient, and the other is the great emergence of financing with much more reasonable rates than six months or a year ago, “a topic that is always key to our activity and which I believe is here to stay, if macroeconomic conditions remain the same.”
He also said that “in this semester we will have a market normalizationwith more logical values, with a broader offer by the factories and financing available for those who need itAnother very important issue is the announcement that before the end of the year the total amount of COUNTRY TAXa tax that today has a direct impact on the price. This is the other leg that we need to think about a scenario of recovery towards 2025that of a State adopting measures that encourage economic activity.”
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.
