It is in the interannual comparison. During the fourth month of the year, 42,974 units were manufactured, 0.4% less compared to March. In turn, the sector exported 20,611 vehicles, that is, it registered a decrease of 12.2% compared to the previous month.
The national vehicle production fell hard again, and registered in April a decrease of 21% compared to the same month last year, according to the monthly report of the Association of Automotive Factories (ADEFA).
During the fourth month of the year, 42,974 units were manufactured, 0.4% less compared to March.
At the same time, The sector exported 20,611 vehicles, that is, it registered a decrease of 12.2% compared to the previous month, and 32.9% less compared to the volume recorded in April 2023.
In wholesale, Meanwhile, the automotive sector marketed to the dealer network 22,450 units in March, volume 25.6% lower than the previous month’s record, and 33.6% below the volume in April of last year.
“As we had been anticipating, in the month of April the main variables of the sector continued to show an adaptation to the new economic reality,” he pointed Martin Zuppipresident of ADEFA regarding the behavior of the activity.
Regarding the latest announcements linked to the reduction of tariffs and taxes for the sector, the manager said that they are “very satisfied with the measures promoted by the Government to improve the export competitiveness of companies and reduce the cost of investments, since they are essential taking into account the productive export profile of the industry and the importance of attracting new projects in a context of high competition with other countries of the region”. He added that “We have to continue working in the same direction to reactivate the internal market”.
Balance of the first quarter
In the first quarter of 2024, the terminals produced 146,267 passenger and utility vehiclesa 22.6% less compared to the 188,973 units it produced in the same period of 2023.
In the cumulative period from January to April, The terminals exported 82,981 units, 15.7% less than the shipments registered in the same period last year.
Between January and April, a total of 101,802 units were sold to dealer networks, 18% below the 124,119 units in the first four months of 2023.
Source: Ambito
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