Auto industry production in Argentina continued to slow down in June
Argentine automobile production fell 12% in June from the previous month and plunged 34.4% from a year earlier, according to an industry trade group. The auto industry produced 52,983 vehicles in June compared with 60,206 units in the previous month and 80,795 a year earlier.
The Argentine auto-making association Adefa said in a statement that Vehicle output during the first half of the year fell 15.4% on the year to 331,798 units.
Exports totaled 29,885 vehicles in June, up 4.3% on the month but down about 36% on the year. Exports in the first half fell 28.4% on the year to 173,472 units.
Brazil was the destination for about 78% of exports in the first half, followed by Europe, with 8.9%, and Colombia, 3.1%.
Adefa President Viktor Klima said thousands of cars had been held up on the way to Brazil because of trade problems but that the issue has been resolved.
Renault stopped production at its main factory in Cordoba until July 10 due to weak demand for vehicles in Brazil. About 1,600 workers have been suspended during the shutdown at the factory, said Leonardo Almada, spokesman for auto workers union Smata.
Brazil's auto makers are also struggling amid fierce competition and rising costs, with production during that five-month period falling 9.5% to 1.28 million vehicles.
In mid June the Brazilian unit of General Motors extended a voluntary layoff program at one factory and added a second factory to the program. General Motors cited growing labour and raw materials costs, among other factors.
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All in line with reducing the over-consumption...
Just continue your road to wherever you are heading to, just don't count on us following your lead, nor on using our resources for achieving it.
Brazil and Mexico are very unhappy at Argentinas behaviour.
Basic economics dictate the smaller the production run the higher the unit costs.
Oh, so this slow is purposeful on teh part of the government, they want the motor industry output to fall this much. Surely they want to increase exports...
Cars and Soy are their only real exports, cars are done and the soy harvest was abysmal.
Where does she go from here...fmm print print print
depreciation to 8/1 but I don't think it will hold and may end up at 16/1 when the panic runs out.
hyperinflation
go buy sugar/coffee/laundry detergent my RGs friends...you'll need it for barter soon enough.
Did I miss something, “over-consumption”?????
Kretina's “model” calls for higher internal consumption!!!!
they are able to pass Italy over in the near future.
Best selling cars in Argentina: Chevrolet Classic: equipped with 4 wheels and A steering wheel.... Followed by a horse and cart to go “cartonear”
Where the fahook in Europe are these cars going???
My wife drives an RG made 206 – cheap and cheerful and just ok in a dry climate like we have here.
But under the hood there is nothing that would comply with European standards.
Does anyone know the destination of these vehicles?
I am guessing they are going to Europe for re-export to north Africa.
Anybody know?
Cars without A/C...Power steering is optional....no power windows...no air bags...no antilock brakes...automatic? what is that? Last person from BA I asked about those features they said they drive like men, with no Power Steering or Auto transmission...douche bags...
@2 Avoiding over-consumption is great in the auto industry. Especially if you don't have the money to buy the oil to turn into petrol.
@7 OK. You've managed to screw/bolt a few cars together. Have you actually sold them?
in my life except korean ones.
all american vehicles are sleazy,
all italian cars are sleazy,
some french cars are sleazy,
few german cars are sleazy,
none japan cars are sleazy.
You say some very ignorant things I doubt you even believe 1/2 of what you post.
Uruguayan made Chinese vehicle...I wouldn't put that in any of the marketing material.
hahahaa
Your idea of a car is something that brings you status, mine is a mean to move from A to B (and I still have my extra equipment when I leave the car, as opposed to you :) )
All eco idiots and socialists (poor people) always say the same thing about cars. Oh i drive it to get from a to b...blah blah no you drive it because you are poor and can't get anything decent.
I could not care less about any car, when I'm surrounded by people, having a go at the parrilla, walking the rambla or having a game at the beach, I don't bloody ask people what car they drive,nor do I flash my wheels :)
Keep your fancy cars and monuments to grandeur, we neither want or need anything from you, except a quick glance when we are unsure of what NOT to do...
could be -- Chéry -- !
Why do you think rich people have to live behind 12 walls with private guards on public roads? It's not the inequity, it's the hopelessness, it is because they know that because of the corruptions etc that they can not and will not ever have a chance to get rich unless they take it.
That's why so many try to move to USA or UK they WANT OUR WAY OF LIFE, they see the advantages of our system and they WANT IT for themselves and their children.
Depending on where you live it is MUCH cheaper. When I lived there I had 5 full time people helping me at my house. Unless you are VERY wealthy that is not possible in a 1st world northern country.
Plus expats rarely live on the in-country currency. They aren't going there to make their fortune they are going there to spend it (retirement)
Not quite the same
try again
brr
I drive 60 miles one way to work....
the car has to be reliable. It is not about being fancy or anything like that .....American's love affair with the automobile is a good example of a country that works....when Henry Ford implemented the assemble line, he ensured that his employees were able to buy what they manufactured... yes people may in debt up to their eyeballs with cars, but they do enjoy them, they help the economy keep turning....
A coworker of mine bought a $95,000 BMW 745i 3 weeks ago, and I told her she was nuts, but in the end she worked hard for it and she deserves
it. Average American car for sale is in the mid 20s...it s achievable so feet will not hurt.... Of course there are people who cannot make it happen and of course those who abuse the system and do not want to make it happen (ie: Foodstamps forever, Coming to your business so you can lie for them that they are looking for a job, where s my baby's daddy, etc)
It what the American Dream is all about....progress
Yankeeboy: I agree with the helping people...nowadays you can get 10 dollars an hour working for Mc Donalds, most people wont work for less than that (In Midland Mc D is playing 15-18 an hour for starters due to the oil business taking the help)
I remember you... You are not as abusive as your fellow countrymen here, so I will try to hold the sarcasm back...
In our society we have a love affair with football, candombe, murga, parrillas and families (not literally :) ). Small things in life that don't cost us a lot, but gives us joy, happiness and a will to continue making our short time here as pleasant as possible.
No car on earth can give me the same satisfaction, actually, no material thing at all makes me feel the joy I feel when surrounded by my people, regardless origin.
I'm not saying you should change your way of living to try it, and if your car makes you happy, good for you, enjoy it.
But I wont accept that someone else tells me what and where I find my happiness, especially a person that has no human or environmental values, like your countryman yanquiboy...
You shun progress, want for nothing and expect other people to create things for you. It is actually a sad way of life and mostly why those types of societies have died out. Usually died at the hands of more progressive and innovated people I may add,
You should read some history...
I must say, with you, your mother missed out on THE abortion of the century...
Love of cars and technology does not exclude one from loving the more important things in life.
I love cars and I particularly enjoy being able to take my children to the amazing national parks we have here...something I could not do in the Suzuki swift I used to drive as a younger...freer man.
When you drop your insults, you are quite a smart lad. I come from another culture entirely, mayhap that's the origin of our different views. If I told you my story, you would probably disagree as well, but the fact is it is all down to morals.
As I said, a bit out of character of what I know of you, but obviously, I know know a little bit more...
Thanks for your answer. I am not a materialistic person. I just have a few things that I purchased with my hard work, same than other people.
The people I know from Argentina do not agree much with your views. They are very humble, yes and care about family, but they gave me their opinions and wanted to share them with you.
soccer (or like you call it football): Boca, Boca , Boquita, Gallinas putas. But Majority of them only care about it during the world cup.
candombe, murga: Cosa de negros
parrillas: Every sunday, bbq.
familias: very important.
So about 2/4 ...
We care about our families in the US, we are not cold freezers. I agree that some of our people are ignorant (They graduated high school but dont get it that when is summer here it is winter there, etc etc etc), but your country has its fair share this kind of people (I saw then when I was there years ago and I will probably see them again (hope not) when I come visit next week)....
Thanks
football: SOY CELESTE :)
candombe, murga: Carnaval!
parrillas: Opportunity to gather the troops :)
familia: the framework
I'm quite sure I would find a great majority of kind people in the USA, if I approach them kindly. Unfortunately we do generalize, and our commitment to our different societies don't always allow us to share common views.
Hopefully you'll visit my country one day, I might not be there to recieve you, but I trust my countrymen to do a good job :)
Yes I do disagree with just about everything you say on here. However, I am intelligent enough to realise, that your opinions are your own and are formulated and influenced by your own experiences. I am also intelligent enough to understand, that nothing I our anything anyone else says will alter those opinions. That goes for people on both sides of our arguements, does make you wonder why we try in the first instance? does it not?
Just to tell you that after saving for 30 years I managed to buy my very first 0Km.
After a lot of thought I decided on a Renault Stepway, because of it being high off the ground.
Unfortunately, though it is very well made, it was made in Brasil, because of Mr. Moreno's mad policies of limiting imports, I can't get tyres, or any spares for my car.
I guess that is a sob story, its kind of hard on me, but the people who have been really hurt by this ridiculous man are the Renault Argentina workers who have been laid off, all 3600 of them...
Great work by a “left wing” government!!!!
Saludo hombre. No google this time hope I got it right.
Like you comparison to the Titanic Apt description, full speed ahead and damn the consequences.
RC: The Argentinian workers are their own worst enemies. Same as in Italy.
The reason for earlier great auto sales was because people were buying cars against hyper inflation. In Chile we notice that there are still Argentines buying goods here like there is no tomorrow. Where they get the money is uncertain, but they are buying like crazy.
Chile's economy has been slowing down, but we remain very confident in our economy as does Peru. Columbia is doing well and Brazil is taking measures to fight their current slowing. Almost everyone here is convinced that Argentina is heading into an economic hell. My best regards as well.
A sadder way of life is pitching in “progress” for 30 years and waking up to realize you are now pushing 60 and what did you enjoy of your family, of the world, of mother nature? Nothing.
I will give you this much however, everything comes at a cost. You get to pompously brag here about how Europe, UK, USA “progress”, at the cost of your own personal/family lives.
www.youtube.com/watch?v=KUwjNBjqR-c
Life in the 1st world... sad folk.
www.bbc.co.uk/news/magazine-18144320
hahahahahahahaha
Have you seen that Venezuelan state made car?
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