Cars: registrations grew 5% monthly in September

As Ámbito anticipated in Charlas de Quincho, new vehicle registrations grew in September both in year-on-year and monthly terms.. From the automotive sector, they highlighted the role of credit, the higher level of imports and the slowdown in inflation.

As reported this Monday by the Association of Automotive Dealers of the Argentine Republic (ACARA), the number of patented vehicles during the ninth month of the year amounted to 43,563 units, which represents an increase in the 29.5% year-on-year. Likewise, compared to August of this year, an increase in the 5%.

In this way, the accumulated nine months of the year show a patenting of 311,645 units, this is a 11.7% less than in the same period of 2023, in which 353,002 vehicles.

Sebastian Beatopresident of ACARA, maintained that the growth of the market was due to “elements that give certainty to clients such as being able to have very convenient credithave a ever-wider offer of models in stock, a sustained decline in inflation and more logical prices from the terminals”.

Furthermore, the head of the entity particularly highlighted the monthly improvement since “September usually has less activity than August” and the ratification of improvement in the second semester “after an irregular first half of the year full of doubts.”

In interannual terms it was the second consecutive increase, while in monthly terms since June there have been alternating increases and decreases. On this occasion, The jump was driven by the automobile segment.

On the other hand, in September The 0km vehicle market was divided almost equally between imported and national unitsa dynamic that has been accentuated since the arrival of Javier Milei at the Casa Rosada. 37% of the patents corresponded to vehicles from Brazil.

Regarding the leading brands, Toyota, Volkswagen and Fiat They remained on the podium. While the three most patented models were the Hilux (Toyota), the Peugeot 208 and the Polo (Volkswagen). Particularly highlighted was the year-on-year increase in the latter and the falls in the Cronos (Fiat), the Amarok (Volkswagen) and the Ranger (Ford).

“From ACARA we continue to travel the country, with our regional conventions, where we dialogue with governors and mayors to also be able to make a contribution to the reduction of stamps and taxes that make this moment even more dynamic. In some cases, such as in Mendoza, we have already had specific announcements, and I think it is the great pending issue that needs to be incorporated in order to end this year considerably better than expected and to be able to project that 2025 will have sustained growth from beginning to end.” Beato completed.