December stood out as the best month in 30 years, denoting a significant recovery compared to 2023, taking into account the values provided by the Automotive Chamber of Commerce.
The automotive sector recorded a notable recovery in 2024, with 1,745,335 used cars soldan increase of 5.5% compared to 2023. December stood out as the best month in 30 years, with 160,539 operationsa year-on-year growth of 31.56%.
Best-selling car models in 2024
- Volkswagen Gol and Trend : 100,265 units.
- Toyota Hilux : 66,502 units.
- Chevrolet Corsa and Classic : 53,537 units.
- Volkswagen Amarok : 45,694 units.
- ford ranger : 44,848 units.
- Toyota Corolla : 34,125 units.
- Fiat Palio : 34,125 units.
- Ford EcoSport : 34,062 units.
- Peugeot 208 : 33,627 units.
- Ford Ka : 31,705 units.
Market keys in 2024
- Pick-up mastery : Models such as the Toyota Hilux (+28.9%) and the Volkswagen Amarok (+36.2%) led the growth in sales, reflecting a preference for versatile and resistant vehicles.
- Regional recovery : Provinces such as Santa Cruz (+11.26%) and Neuquén (+10.23%) showed strong growth, although others such as Formosa (-13.10%) faced falls.
- Incentive policies : The implementation of accessible credits in the middle of the year boosted the market, stabilizing prices and eliminating cost overruns.
Regarding future challenges and expectations, it is worth noting that, although sales are increasing, the northern provinces face economic challenges. For example, Formosa and Misiones faced significant declines in used car sales, reflecting possible regional economic problems.
In 2024, the performance of the provinces in used car sales was diverse. Holy Cross led the growth with an increase of 11.26%, followed by Neuquen (10.23%) and Santa Fe (8.16%). Instead, Formosa suffered a drop of 13.10%, while Misiones and La Rioja They also recorded setbacks.
However, incentive policies and price stabilization predict a promising start to this year, with the sector betting on sustained growth.
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.
