Cars: patents face the last part of the month with an increase of more than 40%

Preliminary figures contained in the statistics system of the automobile dealer association (ACARA) indicate a growth of 44% compared to a year ago. If we compare it with November, there is a decrease of 8%, while in the accumulated figure for the year the decline is 8.2%

Keep in mind that these numbers may change towards the end of the month, depending on each brand’s strategy to force sales and gain share.

This good start may be generated by drag patents that were left unrealized in November for different reasons. For example, last month was complicated by the problems that occurred in the Automotive Registry, due to the strike of the ATE union.

Until the last days of November, some imported brands recognized that They still had problems with the certificateswhich caused some units to not be patented.

With this December scenario and, beyond this beginning with rising numbers, the end of the year is marked by the discounts for 0km of factories and dealerships to attract buyers.

The best December in six years

Beyond the number of patents registered at the beginning of December, estimates in the sector indicate that the month will end with a volume of operations of more than 22,000 units. In this way, if this information is confirmed, It would be the best December in six years. You would have to go back to 2018 to find a better December.

With this number expected for December, the market for the year will close at around 410,000 units, against 450,000 in 2023. Although the number is lower, the sector highlights the improvement in activity that prevented the market from falling further.

At the beginning of the year and with the December 2023 devaluation recently made, the forecasts spoke of a drop that could reach 25%.

The discounts that have been taking place and the reappearance of credit began to reverse the trend and allowed positive data to be seen.

Another factor that helped the recovery of sales was the opening to imports that the president ordered. Javier Milei a few days after taking office.

This allowed the supply of vehicles to increase and there was more competition. In the first part of the year this impact was not felt since the import process, from the decision to buy a vehicle abroad until its arrival at the dealerships, takes several months, depending on its origin.

That’s why he opening effect It began to be noticed in the second semester. Thus, little by little, surcharges disappeared and discounts became widespread.