In the cumulative period from January to August, the terminals produced 312,822 passenger and utility vehicles, 23.4% below the 408,486 units produced in the same period in 2023.
The automotive terminals produced 51,650 units in Augustwith 20 business days of activity, this is a 16.2% above the volume of July and a 18.6% lower than the 63,455 units produced in August last yearas reported Association of Automotive Manufacturers (ADEFA).
In the cumulative period from January to August, the terminals produced 312,822 passenger and utility vehicles, 23.4% below the 408,486 units produced in the same period in 2023.
Car exports grew
He The automotive sector exported 32,754 units during the eighth month, an increase of 15.6% regarding July and it was 13.5% higher than August 2023. In the accumulated of these first eight months of the year, the volume of shipments was 187,923 unitswhich resulted in a drop of 10.3% compared to the same period last year.
“With the end of August we see that the growth trend is consolidating. For the third consecutive month, the three main variables of our industry maintained the upward trend compared to the previous month,” he explained. Martin Zuppipresident of ADEFA.
In wholesale salesthe sector sold 38,682 units to the dealer network during August, a 17.1% more regarding July deliveries and 27.7% above the volume of the same month last year.
In the cumulative period up to August, a total of 1,000 vehicles were sold to the dealer network 233,711 unitsa 12.8% less with respect to the 268,083 units that were sold in the first eight months of 2023.
“Analyzing the data for the month, one of the points that stands out is linked to the increase in the share of exports in production. We are slowly returning to the sustainable business model of our industry, which is mainly oriented towards exports,” said Zuppi.
“It is a fundamental step for the development of the sector and this process is accompanied by the measures that were taken during these last eight months both to correct macro distortions and to issues specifically linked to the export competitiveness of the sector,” said Zuppi and highlighted the commitment and importance of continuing to work together with the Value Chain and the Government in this direction.
Source: Ambito
