With 21 business days of activity – one more than the previous month – the terminals automotive They produced 52,419 units in October, 5.7% above the records from the previous September and 0.9% more than 12 months ago when 51,937 units were manufactured.
In the accumulated of the first ten months of the year, the production of cars reached 414,852 units, that is, it registered a decrease of 19.8% compared to the volume that was manufactured between January and October 2023 (517,173 units), as reported by the association that brings together automotive companies (ADEFA).
In terms of foreign trade, the terminals as a whole exported 35,965 units during October and registered an increase of 12.7% compared to last September and an increase of 25.9% compared to October 2023.
Between January and October, the terminals exported 255,806 units, 6.5% less than the 273,687 units that were sent to various markets during the first 10 months of 2023.
“As we have been anticipating for a few months and with the latest data, the sector is improving its records and that leads us to close 2024 better than expected at the beginning of the year,” he said. Martin Zuppipresident of ADEFA.
In October, the best production and export levels of the year were recorded and, according to what Zuppi pointed out, “it is the result of the effort and commitment of the sector that, added to the joint work that we have been doing with the value chain and the Government, allows us to improve the variables month by month and reduce the negative ones in the accumulated one.”
“This behavior is clearly reflected in the continuous improvement in the share of exports over production (68%), making our business model more sustainable and positioning the automotive sector as the third exporting industrial complex in the country, according to INDEC,” Zuppi added.
In wholesale sales, the automotive report recorded that during October a total of 43,627 units were sold to the dealer network, 1.9% below the volume of the previous month and recorded an improvement of 7.0% compared to the previous month. deliveries from October last year.
Between January and October, the sector sold a total of 321,826 units to its network, 8.6% less compared to the 352,153 units that were delivered in the same period of 2023.
“If this behavior in the activity continues, 2025 is projected as a good year for the sector.”“, concluded the manager.
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.
