MercoPress. South Atlantic News Agency
Cars registered in Argentina during January drop 39% over a year ago
The number of cars registered in Argentina during January dropped 39% in comparison with the same month last year, ACARA, the chamber that groups Argentine car dealers, has revealed. Read full article
Comments
Disclaimer & comment rulesIt shouldn't be too long before the car mfg start closing up shop.
Feb 04th, 2015 - 12:53 pm - Link - Report abuse 0I wonder which will be the first to leave..
Psst...Told ya years ago this would happen
The less cars they make the more unreliable they will be.
Feb 04th, 2015 - 04:59 pm - Link - Report abuse 0I will be having a new car early next year, it will not ba made in TDC, though the AMT will be.
@1 yb
Feb 04th, 2015 - 06:27 pm - Link - Report abuse 0I thought some, or at least one, already had?
Or did they just suspend production for a while over the fact that they couldn't bring parts into the country?
3. A large parts company closed up shop last month.
Feb 04th, 2015 - 06:34 pm - Link - Report abuse 0Rice/oil. lol. Cretina is embarassing enough but the fact that you idiot rotting roadkillians support her without questions is just hillarious. lol
Feb 04th, 2015 - 07:12 pm - Link - Report abuse 0“In the middle of the seventies, General Motors market share was reduced sharply from 9% in 1976 to 2% in 1978. Losses exceeded $30 million and the head company in the USA decided to halt production activities in Argentina.”
Feb 04th, 2015 - 10:32 pm - Link - Report abuse 0$30 million was worth a lot more in those days.
Argentina never learns. Cyclical bust syndrome...
6. Lots has changes since the 70s if they go they won't come back.
Feb 05th, 2015 - 12:41 am - Link - Report abuse 0Argentina needs to learn their potential future.
Feb 05th, 2015 - 01:32 am - Link - Report abuse 0ref: Vnzla; Maduro told the auto mfg AND the airlines, “If you leave now you won't be allowed back, ever!” Like a petulant child.
He then refused to allow them to be paid.
They just looked at their PnL accounts. They went. Thousands of jobs lost.
Then he claimed it was part of the 'economic war' / 'imperialistic conspiracy'. That it was a CIA set-up to destroy him. Like the CIA can control Air Canada/ Air Italia without anyone noticing...
Official Bolivar flacido rate $/6.3
Dollar parallelo (today) $/188.05
(dolartoday.com)
No wonder they went.
just read those figures again
when we spoke this time last year it was around 70 to the dollar. Over 100% inflation, but more oil than Saudi? Massive loans from China?
Something is deeply wrong and the people are starting to realise...
All of the Int'l companies will have to write down their funds trapped in both Argentina and Venezuela so if they're going to write off their investments my guess is they'll pull out all together.
Feb 05th, 2015 - 02:15 pm - Link - Report abuse 0It shouldn't be too long now.
The “won decade”, includes the worst year in real estate since 2008.
Feb 06th, 2015 - 03:58 pm - Link - Report abuse 0Commenting for this story is now closed.
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