Last month there was a reduction in the volume manufactured by local terminals. However, the first quarter closed with increases. Decrease in exports, for the increase in national products. Adefa claimed tax loss.
The automotive industry did not accompany in March the shocking rise in patents. Last month, although more 0km were sold, automotive factories produced a 3.7% less units Regarding the same month of 2024, according to the Automotive Factory Association (ADEFA)which pointed out that the decline is due to the readjustment of the plants.
With 18 business days of activity, the automotive terminals produced 41,565 units, 2.0% less compared to February and dropped 3.7% if compared to the 43,159 units that occurred in March last year. Nevertheless, In the accumulated of the first quarter the balance is positive: The sector produced a total of 114,042 vehicles, that is, 10.4% more compared to 103,293 units that produced in the same period of 2024.
In the accumulated January-March, The terminals exported 57,920 units, 7.1% less compared to shipments registered in the same period last year. The decrease in foreign sales is due to the increase in Argentine products, both for the tax burden and for an unfavorable exchange rate for the sector.
“A slight deceleration attributed to setting tasks in some automotive plants was observed in the month, within the framework of investment processes for the renewal of products and some logistics adjustments, but the accumulated shows an increase of 10.4%,” said Martín Zuppi, president of Adefa.
“In this context, it is important to continue with the joint work, the permanent dialogue and the private public joint to find mechanisms that allow us ZUPPI and highlighted the agenda that is carried out with the government, while highlighting investment ads for more than US $1 billion In the last semester.
Besides, Zuppi insisted with tax reduction: “If we aspire to promote export – a key activity in the generation of employment and foreign exchange for the country – and strengthen the domestic market, it is essential Fiscal transparency to the consumer, which represents a positive signal for the client and for the market as a whole. “
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.
