Automotive market: they predict that it will be the best January in sales in seven years

Automotive market: they predict that it will be the best January in sales in seven years

The encouraging climate in factories and dealerships has to do with the change in trend that occurred in the second part of the year and reversed the pessimism of the first half, when sales collapsed due to the devaluation after the assumption of Javier Milei. At that time, a decline in the patenting of cars between 20% and 25%.

The discounts that began to be applied, the greater supply of vehicles due to the elimination of import restrictions and the reappearance of credit made consumers return to the agencies.

January begins in this more optimistic context and it is estimated that Patents for the month will be around 64,000 units. If that number is confirmed, it would be the best January in seven years.

The first month of 2019 had a trading volume of 60,108 units. That year, a total of 459,000 vehicles were sold.

By 2025, a floor of 500,000 is expected and a ceiling, according to some unofficial estimates, of 600,000. In any case, it will be a long way from January 2018, when 120,000 cars were sold.

Closing 2024

The automotive year closed with 414,041 0km patented, which meant a decrease of 7.9% compared to 2023, according to the statistics released by the association that brings together the dealerships. (ACARA).

According to the entity’s data, December had a growth of 16.3% in operations compared to the same month last year and a decrease of 40.3% compared to last November. The latter is due to a seasonal issue. Patentings for the month reached 21,602 units.

In this sense, the president of ACARA, Sebastian Beatomaintained that: “This month’s figures were very good and the 21,600 patents confirm the best December in the last 6 years, surely with the carryover of several patents that for various reasons could not be registered in November. Thus we complete a complex year , with a very weak first semester, in which the ghosts of the worst years were stirred, but which had a second half with levels of activity that invite us to get excited about a recovery with growth for 2025”.

“The big news was the return of financing, now with multiple options from banks and the terminals themselves, and also important discounts and a greater supply of imported vehicles, which gave the activity a dynamism that allowed us to overcome the 414,000 patented units, something unthinkable back in March, but I maintained that it was possible now to take advantage of this good inertia to go for more, working together with the factories, the union and the state to see how we can. strengthen a market that can benefit from a macroeconomy that shows concrete signs of recovery. From the value chain we are already working on that,” Beato concluded.

Source: Ambito

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