According to the report from the Chamber of Dealers, only 25 thousand units were patented this month. Concern in the sector.
The Association of Automotive Dealers of the Argentine Republic (ACARA) reports that the number of patented vehicles during March 2024 amounted to 25,294 units, which represents a decrease in 36.6% year-on-year, since in March 2023 there were 39,875 units. If the comparison is with February of this year, an increase in the 1% since last month they had registered 25,052 units.
In this way, in the accumulated three months of the year, 84,261 units, this is a 30.2% less than in the same period of 2023, in which 120,744 vehicles.
Toyota maintained market leadership. As for models, the best seller was once again the Fiat Cronos.
He president of ACARA, Sebastián Beatocommented: “Beyond the fact that this March ends with two fewer business days, these figures indicate that we clearly have a new market, one of supply, in which dealers must go in search of customers who have had a deterioration in their power. purchasing”.
“In any case, there are some aspects that are positive and that give us the idea that the trend may begin to change in the short term. They are exchange rate stability, the appearance of convenient financing lines by the terminals and some banks , something we have been working on and asking for for months, and the slowdown in inflation. These are very relevant issues for an activity like ours, and if they are consolidated we are going to have months of reactivation and also growth in patents and activity. in our premises,” Beato concluded.
Source: Ambito
