Sales fell in August, but dealers remain optimistic in the short term

Sales fell in August, but dealers remain optimistic in the short term

September 8, 2024 – 09:54

The Chamber of Automotive Commerce (CCA) reported that 3.94% fewer cars were sold than in July, but it was the third best month for sales since transfers began to be measured.

The Chamber of Automotive Commerce (CCA) reported that 176,435 were sold in Argentina in August used cars, with an increase of 8.64% compared to the same month in 2023 (162,403 units). Compared to July (183,668 vehicles), the decrease is 3.94%.

In the In the first eight months of the year, 1,099,501 units were sold, with a decrease of 1.36% compared to the same period in 2023 (1,114,700 units).

Used cars: why the sector is optimistic about the long term

“Although used car sales in August fell slightly compared to July, they remain at a high level, resulting in aThe third best month of sales since vehicle transfer statistics began to be taken,” explained Alejandro Lamas, secretary of the Chamber of Automotive Commerce.

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Why the CCA is optimistic about the long term

Why the CCA is optimistic about the long term

Photo: digitalanalysis

He said that a “greater product offering, lower financing rates, price stability, exchange rate stability and a drop in inflation clearly indicate that an incipient recovery of activity is beginning to emerge.”

Lamas said that “The measures that the government is taking and encouraging for the sector, encourage us to be optimistic in the short and long term.”

Ranking of the 10 best-selling used cars in August

  1. VW Gol and Trend: 10,456
  2. Toyota Hilux: 6,790
  3. Chevrolet Corsa and Classic: 5,627
  4. Ford Ranger: 4,832
  5. VW Amarok: 4,817
  6. Toyota Corolla: 4,064
  7. Renault Clio: 3,961
  8. Ford Fiesta: 3,733
  9. Ford Focus: 3,531
  10. Fiat Palio: 3,481

Source: Ambito

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