After the rebound that had emerged in April, the sale of cars 0km rose again Neuquenaccording to May records released by the Association of Automotive Dealers of the Argentine Republic (TO FACE). 1,136 units were sold last month, which represents a decrease of 1.9 percent compared to April (1,158) but a significant increase compared to the same period in 2023, that is, against May of that year, when they had gone on sale. 1,017 new cars on the street, thus yielding 11.7 percent more.
As for the accumulated figure for the year, the account is still negative: -5.8%, as a result of the fact that so far in 2024, 4,888 vehicles have been patented compared to 5,191 in 2023.
At the national level, the number of new vehicles sold during May amounted to 34,614 units, which represents a decrease of 13.8% year-on-year, since in the same month of last year 2023, 40,165 units had been registered. If the comparison is with April 2024, an increase of 5.1% is observed, since 32,943 units had been registered last month.
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Car dealerships faced a difficult start to 2024. Photo: Google.
In this way, in the accumulated five months of the year, 152,339 units were patented, this is 22.1% less than in the same period of 2023, in which 195,673 vehicles had been registered.
“The figures for May continue to improve and this is due, in large part, to the appearance of financing, a few months ago bank rates were above 100% and today they are already a third. This key tool for the “The sector will continue to expand also for motorcycles and machinery and this is what will allow us to achieve massive improvement,” analyzed the president of ACARA, Sebastián Beato.
“There are some tax reduction proposals that will also have a strong influence so that the client appears firmly. From the value chain we also have a lot to do and that is what we are working on, the automotive companies, with discounts and promotions to encourage sales, and the dealers with bonuses and added value so that customers return, which makes us predict that the second semester will be even better than the first,” Beato said.
Models and brands
As for the models, the ranking changed compared to last month. The table is headed by the Toyota Hilux (2,560), followed in second place by the Peugeot 208 (2,455) and Toyota Yaris (2,311) third. In fourth place was the Fiat Cronos (1961), which was the leader of the ranking for a long time, and fifth was the Ford Ranger (1910).
In the accumulated of the first five months, the ranking repeats the same five models, but in a different order: it is headed by Fiat Cronos (13,816 units) followed by the Peugeot 208 (12,383), the Toyota Hilux (9,636), the Ford Ranger (8,585) and the Toyota Yaris (8,387).
car dealership
A no small fact is the reason why the two best-selling models so far this year, Fiat Cronos and Peugeot 208, sold so little in the month that ends. Throughout May, the Fiat factory in Córdoba, where the Cronos is produced, was closed: with the exception of a few days at the beginning of the month, the plant located in the Ferreyra neighborhood had to completely stop its activity, with the Suspended personnel due to lack of parts due to the floods affecting southern Brazil and where some of the Cronos components come from.
Something similar happened with the Peugeot-Citroen El Palomar plant, as well as Fiat owned by the international Stellantis group. The Buenos Aires factory has been stopped for two weeks due to a lack of parts for the Peugeot 208. The General Motors plant in Rosario is also stopped.
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