stellantis, Ford and Volkswagen They were the ones that reacted the fastest to the rise in the dollar. Other brands continued to operate with the vehicles that were assigned, but no new orders were taken.
According to different agencies consulted by AmbitIt is expected that In the next few hours, the new price lists will arrive with increases that are estimated to be between 13% and 15% for 0km that express their price in pesos.
This increase is added to the adjustment that the cars already had, at the beginning of the month, as a consequence of the 7.5% tax surcharge that is applied on the import of 0km and parts.
He 40% of the market is supplied with models that arrive from abroadwhile the nationals feel the impact of an increase in the cost of imported inputs, which represent around 60% of the parts used for manufacturing.
Between the two price updates, the 0km will accumulate a rise of close to 30% compared to the values of July.
In the case of vehicles that are sold in dollar bills, operations continued today although not too many operations were carried out due to the economic uncertainty.
With this panorama, The concessionaires and factories estimate that the month will have a lower volume of operations than estimated.
In July, nearly 44,000 units were patented. For August, a market of 36,000 was expected due to the tax surcharge. Now, the projections are less optimistic and it is indicated that it will be below 35,000.
The rise in prices will curb demand, but sellers will also take care of their stocks given the uncertainty of replacement prices.
“We do not know how far this uncertainty will continue and each company will decide what to do to take care of its assets. As we do not have a certain price, we do not know how much we are going to replace. For this reason, it is better to operate with caution,” explained a manager of a concessionaire.
The issue of price increases is complicated since there are many models that are “capped” awaiting the adjustment of the tax base of the “luxury” tax that rises at the beginning of September.
That is why Only models that are not within that limit may raise the list prices or those who have already passed it. Also the pickups that are not covered by this tribute.
In any case, the list prices are a reference since, due to the scarcity of vehicles due to the obstacles to import, the market is managed with overprices.
Source: Ambito