Decrease in car registration, both in the interannual and monthly registration

Decrease in car registration, both in the interannual and monthly registration

November 29, 2024 – 21:23

In November of this year, 35,364 units were patented throughout the country. Motorcycles in the same period reached 49,388 patents.

Fall in year-on-year car sales.

Photo: Infobae

A new index of commercial activity carsin the country expressed the reduction of patenting in November 2024 both in relation to the same period last year and in its comparison with October. To the detriment, the sale of motorcycles.

The latest report of the Association of Automotive Dealers of the Argentine Republic (ACARA) reported that the number of patented vehicles during November 2024 amounted to 35,364 units, which represents a decrease in 1.7% year-on-year, since in November 2023 there were 35,977 units.

If the comparison is against October of this year, a drop in the 20.5% since last month they had registered 44,470 units. In this way, the accumulated eleven months of the year show a patenting of 391,592 units, this is a 9.1% less than in the same period of 2023, in which 430,919 vehicles.

“We continue to observe how the negative trend of the first semester was clearly reversedwith financing as the main protagonist, and it seems that the money laundering funds are beginning to have an impact, which also reach the automotive sector, something auspicious that adds to an already more macroeconomy stable, a stable dollar, falling inflation and new models from factories. “We wanted to be able to end the year above 400,000 units and there are just a few weeks left to confirm it,” he said. Sebastián Beato, head of ACARA.

Growth of motorcycle patents

The ACARA report also includes a study on the activity of motorcycle patents during November 2024. In that sense, the registry revealed 49,388 patented motorcycles during the last month, which implies a year-on-year increase in the 22.2% (in November 2023 they had registered 40,408 units).

Corven–motorcycles.jpg

Corven entered the top 3 in motorcycle sales.

Corven entered the top 3 in motorcycle sales.

In relation to October 2024, the increase was 6.7%, since in October they had registered 46,298 units. In this way, in the accumulated eleven months of the year, 435,213 units, this is a 0.6% less than in the same period of 2023, in which 437,789 motor vehicles.

In sales, Sling continued to lead the market with 9,310 units, followed by Motomelwith 7,717. There was brand growth Corvenwhich placed third with 5,264. They close the ranking Gilera, with 5,038, and Zanella, with 3,951.

Source: Ambito

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