During the month of November, 35,665 vehicles were registered, 15% less than in October and 5.8% more than in November 2022.
Patents: there were 15% less than in October but 6% more than in 2022
During In November, 35,665 vehicles were registered, 15% less than in October and 5.8% more than in November 2022. At the end of the 11 months, patents totaled 430,636 units, 10.9% more than in the same period last year. For his part in The cumulative figure for the year advances +10.9%.
image.png
The Association of Automotive Dealers of the Argentine Republic (ACARA) reported that the number of patented vehicles in November 2023 amounted to 35,665 units, which shows a year-on-year increase of 5.8% since in November 2022 33,695 vehicles had been registered. If the comparison is against last October, there is a decrease of 15%, since in that month there were 41,946 patents. In this way, in the accumulated eleven months of the year, 430,636 units were patented, this is 10.9% more than in the same period of 2022, in which 388,169 vehicles had been registered.
Sebastián Beato, President of ACARA, highlighted: “Once again November shows us a level of activity that is growing year-on-year, lThe upward trend of the market has not been stopped by exchange or political issues because people know that among what is available there are opportunities to take advantage of.. These are days to add and make yourself available, knowing the push that the automotive industry has historically had and that it can continue to grow in 2024. We are thinking of a market of 8% more than in 2023, which would give us a floor of 480,000 units “.
“We are also very happy because During November we achieved a true milestone, announced many times and which is now a reality, the 100% digital and virtual patenting of vehicles.. It is a new paradigm in registration that makes life easier for people, saving time, security and eliminating the need to go to the registry since, through the digital signature registered in an official dealership, everything becomes much easier. It is a very valuable achievement and a true teamwork between the public and the private,” Beato concluded.
Source: Ambito
