Some automakers had advanced the price reduction of their models in December following the announcement of the removal of the tax surcharge. Another terminal ordered the reduction in the January list
With the announcement of the elimination of COUNTRY taxwhich took place in December, some automakers decided to bring forward the reduction in the prices of their vehicles, in last month’s lists, due to the positive impact that the official measure would have on their import costs of the vehicles. cars.
Toyota ArgentinaFor example, a decrease in 3% on the prices of its models imported from Brazillike the Toyota Yaris, Corolla and Corolla Cross. Regarding locally manufactured vehicles, such as the Toyota Hilux and SW4the reduction was 1%since these models have a high percentage of domestic auto parts, which implies that their cost is less influenced by import taxes.
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Bye COUNTRY Tax: the impact on car prices
On the other hand, Ford Argentina announced an average reduction of 1% on your price lists. However, by absorbing the effect of ““crawling peg” —the monthly adjustment of the official exchange rate, estimated at 2%—, the real impact on prices had reached up to 3%. This seeks to maintain the brand’s competitiveness and benefit buyers, especially in a context where inflation and import costs have put pressure on the sector.
The elimination of COUNTRY tax of the aliquot of 7.5% that remained is a relief on the costs that automotive companies faced in their production and distribution chain. These initial reductions marked the beginning of a trend in the automotive industry
With the beginning of January, price lists from automotive companies begin to arrive at dealerships. The surprise is coming from Chevrolet, which, in a price repositioning policy, applied discounts of up to 12% on some models such as the Silverado pickup.
For example, the HC version cost $90,990,000 this month from $103,384,900 in December.
But there are also price drops in Onix and Onix Plus that reach 7% or in the LTZ version of the Montana that costs 10.4% less today than last Monday.
Other models had no increases or were less than 1.3%, as in the cases of various versions of Tracker or Spin.
As a consequence of the elimination of the COUNTRY Tax, General Motors had not increased prices in December and, now, in January, it continued with that decision or directly lowered them.
Another brand that decided to keep prices unchanged for part of the model range is Nissan. For example, the X-Trail E-Power SUV, Kicks Exclusive and Sentra SR and Exclusive continue with the same December values. Other models rose just over 1%
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.
