Car registration grew 5.2% in October: which were the best sellers

Car registration grew 5.2% in October: which were the best sellers

October 31, 2024 – 20:12

The sales record of the dealerships continued to rise during the tenth month. However, in the annual accumulated it continues below 2023.

Ignacio Petunchi

During the month of October 44,126 vehicles were patented1.0% more than last month and 5.2% more than the same month in 2023. However, in ten months it is 9.9% below in its interannual comparison. Which were the best sellers.

A report of the Association of Automotive Dealers of the Argentine Republic (ACARA) points out that in October the market grew 5.2% compared to last yearreaffirming the trend of 5.2% in August and the jump of 29.9% in September. However, in the accumulated annual figure the sector is still down.

“In the accumulated ten months of the year, 355,886 units were patented9.9% less than in the same period 2023″, points out ACARA in the analysis released this Thursday.

October patents.jpg

In October, the interannual variation of patenting for the category “Cars” showed a growth of 8.8%. While a drop of 4.4% was recorded in the “Lightweight” and a sharp jump of 40.1% in the “Heavy.”

However, in the ten months of the year the three subgroups are still widely below the same period in 2023. Last year, “Cars” was 7.7% above the current level, while “Light” registered 14 .3% more than patenting. While the “Heavy” category was 1.1% up.

The automotive market trend reflects a recovery if analyzed month by month in year-on-year comparison. The sharp drop in the first months of the year slowed down until it began to register growth in the last three months:

  • January -32.7%
  • February: -17.9%
  • March: -35.3%
  • April: -5.2%
  • May: -13.4%
  • June: -23.0%
  • July: -2.2%
  • August: 5.2%
  • September: 29.9%
  • October: 5.2%

origin patents siomaa acara.jpg

Regarding the origin of patents, the ACARA report shows a return to 2016 levels given that currently more imported vehicles are registered than national ones, just as it happened back then.

The best-selling vehicles of October

During the month of October, the van Toyota Hilux It was at the top of the ranking of best-selling vehicles, with 2,967 units. Below was the Peugeot 208 (2.483) and the Fiat Cronos (2,473).

  • Toyota Hilux: 2,967 7.1%
  • Peugeot 208 2,483 6.0%
  • FIAT Cronos 2,473 6.0%
  • Toyota Yaris 2,291 5.5%
  • Volkswagen Amarok: 2,247 5.4%
  • Volkswagen Polo: 2,061 5.0%
  • Ford Ranger: 1,930 4.6%
  • Toyota Corolla Cross: 1,777 4.3%
  • Volkswagen TAOS 1,199 2.9%
  • Toyota Corolla: 1,077 2.6%

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Source: Ambito

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