What were the best-selling cars in July?

There was a significant increase in sales compared to the previous month, although they fell by 2.8% compared to the same month in 2023.

In July, the car sales in Argentina increased by 38.8% compared to June, with 42,892 registered unitsalthough fell by 2.8% compared to the same month in 2023.

In the year to date, patents were issued 226,318 vehicles, 19.1% less than in the same period last year.

In this context, Sebastian Beato, president of ACARA, He stressed that the recovery is due to the exchange rate gap and better financing options. He also anticipated a normalization of the market and a possible elimination of the COUNTRY TAX before the end of the year, which could boost the recovery towards 2025.

“In July, after several months, we have grown strongly again compared to the previous month, and thus we started the second half of 2024 with a recovery in sales, based mainly on two major reasons, the gap in the exchange rate, which helps make the acquisition of many vehicles more convenient, and the other is the great appearance of financing with much more reasonable rates than six months or a year ago,” he explained. Blessed.

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The Toyota Hilux was one of the best-selling pickup trucks in the country.

He added: “In this semester we will have a normalization of the market, with more logical values, with a wider offer from the factories and financing available for those who need it. Another very important issue is the announcement that before the end of the year the total amount of the COUNTRY TAXa tax that today has a direct impact on the price. This is the other leg that we need to think about a recovery scenario towards 2025, that of a State adopting measures that encourage economic activity.”