In March, vehicle production was 43,159 units, 15.1% more compared to February and 29.4% less compared to the same month last year, according to ADEFA.
Production of 0 km cars collapsed by almost 30% annually in March
Vehicle production (cars and commercial vehicles) in March was 43,159 units, 15.1% more than February and 29.4% less compared to the 61,104 units that were produced in March 2023reported the Automotive Factory Association (ADEFA).
In In the first quarter, the sector produced a total of 103,293 vehiclesThat is, 23.2% less compared to the 134,574 units that were produced in the same period of 2023.
In March, the sector exported 23,484 units, which showed a decrease of 0.4% compared to February. In its comparison it is against the same month in 2023, the sector registered a contraction of 27.6% in its shipments.
In the accumulated January-March, the terminals exported 62,370 units, 7.9% less compared to shipments registered in the same period last year.
“In the face of the challenges that arise for 2024, and while we wait for the economic measures taken to contribute to the recovery of activity, the behavior of the main variables shows that we have to redouble our efforts and work together with the value chain to have the tools that allow us to have a good level of activity,” he said. Martin Zuppi, president of the Association of Automotive Factories (ADEFA).
Finally, when it comes to wholesale sales, The automotive sector sold 30,176 units to the dealer network in March9.2% less compared to February deliveries and 20.8% below the volume that was sold in the same month last year.
Between January and March, a total of 79,352 units were sold to the network, 12.1% less compared to the 90,324 units in the first quarter of 2023.
Source: Ambito
