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Automotive Report Argentina

  • ID: 2138407
  • Report
  • Region: Argentina
  • 12 Pages
  • The Economist Intelligence Unit
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Argentina's automotive industry accounts for around 5% of GDP and was directly responsible for just over 29,000 jobs in 2017, according to the latest data from the Asociación de Fábricas de Automotores (Adefa, Argentina's automotive manufacturers' association).

In 2018 vehicle output totalled 467,000 units, according to the International Organisation of Motor Vehicle Manufacturers (OICA). Output is down sharply from a peak of 828,771 units in 2011, although it has stabilised in recent years. The decline reflects weak demand from Brazil, as well as a fall in domestic sales. Passenger cars make up just 45% of output, while a similar proportion of overall vehicle production is exported.

According to Adefa, new vehicle registrations rose by 26.9% in 2017, to 890,607 units-the highest total since 2013's record. However, in 2018 the economy slipped into recession and currency depreciation pushed up prices of imported vehicles. Adefa has not yet reported 2018 registration data, but figures from the Asociación de Concesionarios de Automotores de la República Argentina (Acara, the automotive dealers' association) show sales fell by 10.9%, with commercial vehicles (CVs) faring particularly badly.

Industry List: Automotive, Automotive, Commercial and other vehicles, Automotive, Fuel sources, Automotive, Passenger vehicles, Automotive, Production
Industry Codes (NAIC): 336
Industry Codes (SIC): 37
Note: Product cover images may vary from those shown
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Automotive Report Argentina

Automotive report: Overview

Automotive report: Passenger cars

Automotive report: Commercial and other vehicles

Automotive report: Production

Automotive report: Fuel sources
Note: Product cover images may vary from those shown
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