Resolution 29/2025, published on Wednesday, mentions: “In response to the current development of new mobility technologies in the automotive industry worldwide, and with the aim of achieving greater competitiveness in the market, as well as promoting the increase in the offer of vehicles that use alternative motorization technologies to conventional internal combustion engines, Decree No. 49 was issued, dated January 30, 2025.”
This decree establishes that, for a period of five (5) yearsthe benefited vehicles will be those that use alternative motorization technologies, such as electric motors, combined or not with internal combustion engines, or fuel cell engines.
The measure seeks to encourage the incorporation of these new technologies in the local market, reduce prices for consumers and boost a decline in the cost of vehicles.
New regulation for vehicle importation
According to the Resolution 29/2025 of the Ministry of Industry and Commerce of the Ministry of Economy, published today in the Official Gazette, companies with terminals based in the country and importers They can apply before the Undersecretariat of Industrial Policy to access the importing benefit of vehicles without tariff. The procedure will be carried out agilely through the Distance Procedures Platform (TAD), in coordination with Customs and the Single Foreign Trade Window.
The distribution of units to import It will be defined according to two criteria: The closest date of vehicle nationalization and the lowest price offered. Up to 25,000 units will be assigned to companies with terminals in the country and another 25,000 to importers, first prioritizing the import date and then the declared list price.
The annual quota of 50,000 tariff -free vehicles equals approximately 20% of light car sales in the local market.
A new tax decline for vehicles
On January 28, the Government had also announced a tax reduction but this time for high -end vehicles and eliminated taxes for mid -range. Since Argentina stands out for having the most expensive cars in the region, mainly due to high tax pressure, the measure seeks to relieve the impact of these encumbrances and, from next week, reduce taxes that affect the final prices of vehicles. The measure also includes motorcycles.
At that time, the Minister of Economy, Luis Caputo, announced that internal taxes were reduced for cars of between 41 and 75 million pesos and also reduced the aliquot for cars of more than 75 million, from 35% to 18%.
The market estimates that with this tax reduction, prices could be reduced by 20% in some models, Although that will depend on the form of implementation and the decision made by each brand according to the demand.
Source: Ambito
