Cars: closes 2024 with a drop of 8% in 0km sales

Cars: closes 2024 with a drop of 8% in 0km sales

Two business days before the end of the year, the numbers of the automotive sector They are practically defined. According to the patents of cars registered until yesterday, December shows a growth of 21.2% in operations compared to the same month last year. It is true that this difference can be reduced since, while tomorrow and the day after are holidays, last year, December 28 and 29 were working days.

The patenting of the month they already accumulate 18,080 units in the car plus light vehicle segment. If the heavy vehicle segment is added, the number may be around 20,000. With these figures, the final volume of the month will be close to 22,000 units or more. It will depend on the decision of each brand to patent 0km this month or pass them to January and start 2025 with higher numbers.

In any case, the data that matters most is the annual accumulated data, which shows a decrease of 8.1%. Among lighter cars, 388,303 vehicles have been registered. With this information confirmed and the remainder of the year, adding the Heavy segment, the total market for the month should close at 410,000 units or little more compared to 450,000 in 2023.

It must be taken into account that, at the beginning of the year, a 25% drop was expected due to the market collapse after the devaluation of December 2023.

Regarding the ranking by brands, Toyota leads operations for the month and the year with 21.7% of the market. Volkswagen follows, with 16.5%. The third is Fiat with 12.1%.

The ranking of the best-selling models is also defined. The Peugeot 208 will be the winner of the year. With 7.6% participation. About 500 units are followed by the Toyota Hilux, with 7.5%. Third place goes to the Fiat Cronos, with 7.2%.

The ranking continues with Ford Ranger, Yaris, Amarok, Polo, Corolla Cross, Taos and Chevrolet Tracker. Among the 10 best-selling models, they account for 52.3% of the market.

Regarding the market of the month, the Hilux leads December sales, but the novelty comes from the advance of the Ford Ranger, which is in second place and also recovers the second position in the pickup segment, which in recent years three months had been occupied by Amarok.

Third place in the ranking of best-selling models of the month is almost assured for Yaris. It is followed by the Peugeot 208, Corolla Cross, VW Polo, the Amarok, Tracker, Cronos and Corolla. The end of the year occurs with good prospects for 2025

The automotive terminals anticipated the Government, in a meeting they recently held with the Minister of Economy, Luis Caputothat activity will grow next year.

The meeting was held at the Ministry of Economy with the participation of the main directors of the entity chaired by Martin Zuppi and representatives of automotive terminals.

During the meeting, Minister Caputo and the Secretary of Production Coordination, Pablo Lavigne, received a detailed report on the sectoral balance that closes 2024 better than what was projected at the beginning of the year.

In this regard, Zuppi highlighted that “as a result of the joint work undertaken with the Government with a series of measures such as Bopreal, the modification of payment terms, no tariffs on incremental exports, among others, allowed the sector improve its performance and raise the projected volumes at the start of the year”.

“All this contributed to the addition of investment announcements for 1.15 billion dollars, 7.4 billion dollars for exports, and more than 10 billion dollars in revenue,” he added.

The entity noted that “the sector will close the year 2024 with better volumes than projected. In the case of production in the order of 505,000 production units, 300,000 export units and 412,500 patented units”

Source: Ambito

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