Vehicle production in Argentina loses pace in April

By Redação AutoIndústria | 5/11/23 | Translated by Jorge Meditsch

Vehicle production in Argentina lost momentum in Argentina in April, reaching 54.4 thousand units, 11% less than in March. According to Adefa, the Argentinian manufacturers association, the slower pace is due to four working days less in the last month. The explanation is justifiable, considering the 24.1% growth over April 2022, when 43.8 thousand units were produced.

The performance was positive in the first four months, with 188.9 thousand vehicles produced, 26.9% more than one year ago (148.8 thousand).

Exports reflected the production performance. In April, shipments fell by 5.2% compared to March, with 30.7 thousand units exported. Regarding the same month last year, there was a 12% growth. In the first quadrimester, shipments increased by 21%, with 98.4 thousand units.

Sales for the dealer networks fell by 11.3% from March to April, with 33.7 thousand units delivered, but expanded by 9.5% compared to April 2022. Argentinian dealers have received 124.1 thousand vehicles this year, 12.6% more than in the same period one year ago.