The estimated drop in January was 25%, but that projection was cut and ended with a reduction of 8% compared to last year. By 2025, growth of between 20% and 30% is expected.
Although this scenario is encouraging, Argentina is far from being in a good moment in terms of sales of cars if compared to other years. The year ended with about 414,000 units sold, far from the peak of 950,000 km in 2013 or 905,000 in 2018. It is also below the 508,000 units 30 years ago, in 1994.
This shows that the 0km market is depressed and even more so if the sales made in relation to the population are taken into account. If the cumulative total of the 12 months of the year is taken, in Argentina one 0km was sold for every 113 inhabitants. It is the highest number if compared to countries in the region or Europe.
Close, although a little better, is located Brazil. So far in 2024, 1,963,579 vehicles have been sold, which amounts to one car for every 110 inhabitants
In MexicoFor example, with 1,350,000 cars sold so far this year, one 0km is sold for every 97 inhabitants. In Chili 274,000 have been sold, that is, 71 inhabitants for every 0km patented.
In SpainIn the accumulated period between January and November, 911,500 0km have already been sold, one 0km for every 53 people. Meanwhile, in Italy1,452,973 km have been patented so far, which is equivalent to one vehicle for every 40 people.
In most cases, the best situation is due to a greater purchasing power of salaries, more accessible prices and a wide range of credits. Also Germany It has a good performance. With 2,600,000 registrations in 11 months, it sells one vehicle for every 32 inhabitants. The United States is one of the countries that sells the most cars per inhabitant. Until November, 14,460,000 vehicles had been sold at a rate of one for every 23 inhabitants.
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.