24hoursworld

Car registration fell 25.5% in June

Car registration fell 25.5% in June
Car registration fell 25.5% in June

Thus, the cumulative total for the first half of the year shows the registration of 182,399 units, which is 22.6% less than in the same period in 2023, when 235,785 vehicles were registered.

Regarding the sales ranking by brand, the first place was occupied by Toyota, which also managed to have the best-selling model of the month, with the Hilux pickup

The Association of Automobile Dealers of the Argentine Republic (ACARA) reported that The number of patented vehicles during June 2024 amounted to 29,878 units, which represents a decrease of 25.5% year-on-year, since in June 2023 40,112 units had been registered. If the comparison is made against May of this year, a decrease of 14.1% was observed since 34,797 units had been registered last month.

Thus, The cumulative total for the first half of the year shows a registration of 182,399 units, which is 22.6% less than in the same period in 2023, when 235,785 vehicles were registered.

One thing to keep in mind is that the month had several days without operations due to national holidays.

“The drop in inflation and the upward trend of the dollar have meant that, mainly in the second half of the month, people have come to dealerships. When opportunities appear, demand appears, which is why we have been saying that the market has changed and that now we have to go out in search of customers, and that is what we are doing,” said the president of ACARA, Sebastián Beato.

And he added: “Today, thanks to the enormous effort we are making from the value chain, there are discounts, bonuses and credits at a subsidized rate, or even at a 0 rate, and that has allowed us to maintain a level of activity that makes the operation viable. In the first semester, we also hope to continue adding incentive measures from the provincial and national states so that we can complete an acceptable year and begin to project the next one with sustained growth.”

As for the sales ranking by brand, the first place was occupied by Toyota, which also managed to have the best-selling model of the month, with the Hilux pickup.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts