MercoPress. South Atlantic News Agency
Car sales in Argentina plunge; worst February since 2009
The second month of the year marked another negative result for auto sales in Argentina, which dropped 28% compared to February last year, showing how the sector’s downward trend appears to have no end in sight. Only 41,998 vehicles were sold last month, according to the ACARA Argentine car dealership association, the lowest figure for the month since 2009. Read full article
Comments
Disclaimer & comment rulesJust like yankeeboy predicted.
Mar 05th, 2015 - 09:06 am - Link - Report abuse 0Strange that?
Yankeeboy predicted lowest car sales February since 2009 ?? Highly precise and relates directly.
Mar 05th, 2015 - 09:30 am - Link - Report abuse 0Or was it more a case of yankeeboy predicted complete closure of argentinian car manufacturing SINCE 2009. highly imprecise and loosely related.
Which might it be.
Oh do tell.
Anyone know what standard these cars are?
Mar 05th, 2015 - 11:46 am - Link - Report abuse 0Are they well made or rubbish?
What are the prices like?
Wouldn't do for us as we drive on the correct side of the road, but surely someone could flog them off somewhere.
Hey, malvinistas!
Your new bestest friend China drives on the same side of le road that you do.
l'm sure that they'd take them off your hands, especially at knock-down prices.
Snigger.
Who are you going to blame for this, Mrs President?
Mar 05th, 2015 - 11:50 am - Link - Report abuse 0What evil conspiracy ought to be held responsible for this?
Nobody but YOU.
I did say not to count on Autos for export revenue a couple years ago. Now that Brazil is depreciating their currency and heading into recession the auto industry in Argentina is dying.
Mar 05th, 2015 - 02:16 pm - Link - Report abuse 0I do think that the Auto companies will pull out if it looks like another Kthug gets in office.
There's no reason to mfg in Argentina. The internal market is too small, the workforce is lazy and stupid and the gov't is prohibiting U$ xfers back to corporate.
Lose lose proposition
Let's see what happens next year.
But I don't see them staying.
My son-in-law has an Argentine assembled VW pickup which has proven to be excellent with no problems. Saying that however, Chileans are more inclined to buy Korean, Japanese, American, European and Chinese assembled cars and pickups. (Chile has the most open market in the world for importing cars.)
Mar 05th, 2015 - 02:20 pm - Link - Report abuse 0Argentines can assemble good cars, but labor costs and efficiency is putting them out of the market.
@3 Depends on the car. Some are rubbish barely better than the Chinese make, others are made to first-world standars though with some cost-cutting here and there. The problem with exporting to other markets is that:
Mar 05th, 2015 - 02:45 pm - Link - Report abuse 0a) Manufacturers want to protect their European and American factories
b) Costs are way too high to export to anywhere but Brazil and maybe other small nearby countries, though I am not sure if that is the fault of the auto unions alone. Labor is more expensive in the USA and Germany yet manufacturing costs are lower. Land transport is likely the big culprit but NOBODY is calling on that because of the Moyano mafia.
But the biggest problem is that any industry in Argentina can only sustain itself with large % of locally made components and cheap energy. Brazil didn't screw up with that, Nestor and De Vido were either stupid or didn't care. Also we really need a local automaker as any foreign one will always privilege the factories in first-world markets or China.
nabos:
Mar 05th, 2015 - 03:04 pm - Link - Report abuse 0car sales in argentina have plunged because of the impuestazo the government has applied in the whole line of cars, you retards.
high end cars have increased its price +/- 100 %.
now, what the fuck has that got to do with the quality of argentine auto industry?
nothing.
and cars are not assembled here, they are built here.
now, lets take as a little sample, the ford transit.
ford decided to stop building it in britain, mostly because of the lack of quality of local industry.
but they also chose ford argentina to fabricate it for the whole latin america.
it was the same with the ford focus, the vw amarok, the ford ranger, most of the models of chevrolet, vw, fiat, and the list goes on.
english auto industry is a bad joke.
that´s why rr, bentley, jaguar, land rover, etc belong to german, or....indian companies.
these english are useless
Bad Gov't policy has killed many industries in Argentina. What's new?
Mar 05th, 2015 - 03:16 pm - Link - Report abuse 0Argentina is the only country that's been devolving for 3/4 of a Century.
In the end Auto Mfg will pull out if the new gov't looks like the old gov't
Mark my words
It will happen
it just hasn't happened yet.
oooh buuuurn.
Mar 05th, 2015 - 03:19 pm - Link - Report abuse 0Remember the 3 things Nestor set up the economy to bring in U$ were SOY, AUTOS and Tourism.
Mar 05th, 2015 - 03:37 pm - Link - Report abuse 0Soy is down 16% yoy and falling.
Tourism is dead
Autos exports are dead
Indec has been fudging the export numbers for a long time to make it appear that there's more U$ coming in than there really is.
Tik Tok
@10 You display the very attitude that has Argentina in deep trouble. You don't care about your country.
Mar 05th, 2015 - 03:47 pm - Link - Report abuse 0@8....If the UK auto industry is such a bad joke you had better tell these companies below who all manufacture in the UK, they are just the big ones, as usual Pauline you twist your words to suit your argument, you Sir are an Arse. They might have a foreign owner/mother company, but they still are manufactured in the UK.
Mar 05th, 2015 - 04:40 pm - Link - Report abuse 0Nissan's factory in Sunderland built the most cars by any single British-based manufacturer, with 500,238 rolling off its production line. The other big figures were:
449,507 vehicles produced at Jaguar Land Rover's plants in Castle Bromwich, Halewood and Solihull
178,993 at the Mini site at Cowley, Oxford
172,215 by Toyota at Burnaston, Derby
121,799 for Honda at Swindon
77,836 by Vauxhall at Ellesmere Port
Heres a little quiz for you Pauline, how many F1 teams are based in the UK, you know the F1 teams that are at the forefront of automotive engineering and innovation. Because surely no one would base themselves in a country that was considered a joke in the automotive world now, would they?
@ 7 MagnusMaster
Mar 05th, 2015 - 04:57 pm - Link - Report abuse 0No chance of a local manufacturer, the motor industry has been global for decades. Auto parts are generic and it is badge engineering for a large part that keeps these companies profitable except in countries like TDC where the government screws up big time because they are really, really, stupid.
The reason automakers keep going in SA is because all the tooling is at least one generation in the past, some of the GMC platforms are FOUR generations older, so it costs peanuts to manufacture compared to western standards.
Then of course us users have to play Russian roulette with the collision strength of the vehicle which is ALWAYS far inferior to European standards. The manufacturers think they are doing you a favour putting airbags in for the front passenger!
@ 8 POLLY
Make your mind up idiota, is it +100% or -100%, it can't be +/- FFS.
Don't show your ignorance of British manufacturing due to your tight arsed hatred of the Brits, most of what you post is bollocks.
I did not buy an argie assembled car in 2011 (even though it does have an argie assembled AMT gearbox) and I won't be buying one in 2016 because the C sector models are crap and the more prestige B models are no longer of interest to me.
The way things are going in TDC manufacturing of all kinds will be too expensive to export, even to 'brothers' like Uruguay and that, as they say, will be the end of that.
To put things into perspective, Uruguay sells about 70,000 cars PER YEAR. Last month Ford sold 77,000 of their 150 UTE (YES, in the MONTH).
Argentinians have lost interest in cars. They should invite Top Gear over to try and provoke some interest.....
Mar 05th, 2015 - 05:00 pm - Link - Report abuse 012 ElaineB
Mar 05th, 2015 - 05:02 pm - Link - Report abuse 0No he does not care, he care only about the GB Caliphate, he things is paradise there.
The current account balance according to the Economist this week :
GB Caliphate Current account balance : -163.0 % of GDP -4.6
Argentina Current account balance : --5.0 % of GDP - 1.1
That why they are always miserable... The Caliphate... never will recover.
christine
Mar 05th, 2015 - 05:26 pm - Link - Report abuse 0“Make your mind up idiota, is it +100% or -100%, it can't be +/- FFS.”
you are even more imbecile than what i thought.
+/- = more or less = approximately.
is it mandatory to be an idiot when you are english / english wannabe?
”I did not buy an argie assembled car in 2011 (even though it does have an argie assembled AMT gearbox) and I won't be buying one in 2016 because ...”
because you dont have a cent, you poor beggar. LOL
Car sales are down in Argentina. So what?
Mar 05th, 2015 - 06:26 pm - Link - Report abuse 0The world's economy is pretty much a collection of bad news, and many countries, developed or developing, are in much worse shape than Argentina is right now. The Kirchner's governments have been much more about selling cars. They have been about redistribution of the national income with social criteria, re-industrializing the country and keeping the debt at manageable levels. At the international level, Argentina is a bad example too for resisting the traditional recipes of starving the people to pay back the debt. Even worse now that Greece and Spain may be tempted to follow the same model.
Kidiots often talk about the “re-industrializing” of Argenina.
Mar 05th, 2015 - 06:32 pm - Link - Report abuse 0I'd love to hear some examples
Can't really see how that possible if 80% oa ll imports go to assembly of finished products. Was it 90-100% before the Ks?
Can't really see it.
Splain me Rique...Splain me.
the market of Used cars is going to overflood with them soon enough.
Mar 05th, 2015 - 06:49 pm - Link - Report abuse 0Thank you all for the replies.
Mar 05th, 2015 - 09:03 pm - Link - Report abuse 0Personally l've always like American cars.
Got that from my father, l suppose.
http://www.cnbc.com/id/102477413
Mar 05th, 2015 - 09:31 pm - Link - Report abuse 0Worst Real Estate market in the world
Buenos Aires.
Down 15% yoy.
Didn't Indec say the economy went up last quarter. Gads what liars.
For idiot child/mamarracho/payaso/paulcedron troll de m----a!
Mar 06th, 2015 - 06:45 am - Link - Report abuse 0“Car sales in Argentina plunge; worst February since 2009” whilst British car manufacturing and worldwide sales are reaching excellent levels.
flatulent fastso
Mar 06th, 2015 - 12:04 pm - Link - Report abuse 0the issue here, you gordo tirapedos, is that english industry is a joke.
the worst cars ever made are from little england.
The following companies build cars in Britain, but are not UK owned.
Mar 06th, 2015 - 12:36 pm - Link - Report abuse 0MINI – build the MINI, MINI Clubman, Coupe and Roadster in Cowley, Oxford, but are owned by BMW in Germany.
Honda build the Civic, CRV and Jazz(from autumn 2009) in Swindon.
Toyota build the Auris and Avensis in Derbyshire.
Nissan build the Juke, Qashqai, Note and LEAF in Sunderland.
Lotus in Norfolk are Malaysian owned and build the Elise, EWvora and Exige
Aston Martin in Gaydon, Warwickshire build the DB9, Rapide, Virage, DBS and one-77 and are owned by two Kuwaiti companies – Investment Dar and Adeem Investments.
Bentley Motors in Crewe (owned by Volkswagen) builds the Continental, Flying Spur and Mulsanne
Rolls Royce builds the Ghost, Phantom and Wraith in Goodwood and is owned by BMW.
Jaguar/Land Rover cars (F-type, XJ, XF, XK, Defender, Discovery, Evoque, Freelander, Range Rover, Range Rover Sport) are built in the West Midlands and Liverpool but owned by Tata Motor Company of India.
MG Motors build the MG3 and MG6 at Longbridge, Birmingham – owned by SAIC of China.
Vauxhall Motors are part of General Motors and build Astras at Ellesmere Port and the Vivaro van in Luton
I'm shocked, simply shocked that the Kleptocrat trolls aren't in here doubling down on the “warehouses full of hidden cars” meme.
Mar 06th, 2015 - 02:37 pm - Link - Report abuse 0http://www.buenosairesherald.com/article/168823/cfk-blasts-automotive-industry-the-cars-are-hidden-somewherehttp://www.buenosairesherald.com/article/168823/cfk-blasts-automotive-industry-the-cars-are-hidden-somewhere
So where are they? Did you ever find any? Or is it just another goofy story you spun out there to direct attention form what you have done to the economy?
http://www.buenosairesherald.com/article/168823/cfk-blasts-automotive-industry-the-cars-are-hidden-somewherehttp://www.buenosairesherald.com/article/168823/cfk-blasts-automotive-industry-the-cars-are-hidden-somewhere
Idiot child/payaso/mamarracho/paul cedron
Mar 06th, 2015 - 04:12 pm - Link - Report abuse 0World Economic League Table 2015
”The UK appears to have overtaken France this year to become the world’s 5th largest economy (but as the 2014 GDP figures are $2,828bn for the UK and $2,827bn for France, the gap is well within the margin of error)”
@24 Paulitta, yup we designed and made some crap cars, that is for sure. But the thing is Paulitta, what iconic cars have Argentina designed and built? The UK has designed and built some of the best cars in the world, so how can it be a joke.
Mar 06th, 2015 - 04:41 pm - Link - Report abuse 0Oh, you didn't answer my little quiz, 'how many F1 teams are based in the UK'. I would say zero if I was basing it on your knowledge of the automotive industry and the UK automotive industry being a joke and all that.
I have come to the decision that Pauline can't be a real Malvanista or even support Argentina, it's not possible for someone to be so wrong in every post he writes, the other Argentinians on here must be embarrassed that he represents them and their nation. He must be a troll, pro falklands but likes to pretend to be a thick Argentinian, spouting rubbish to make them look bad. No one can but that stupid all the time, can they?
@28 Buzzsaw,
Mar 06th, 2015 - 09:21 pm - Link - Report abuse 0l agree.
l think that gormless paulcedron is a troll & maybe not even Argentinean.
boludo 28
Mar 06th, 2015 - 10:12 pm - Link - Report abuse 0no you retarded isleter.
you lot have never designed nor made any car.
not even a supermarket cart.
a car made in the islets...LOL x 1 MILLION.
now, if you want to talk about english cars, they had a golden era back in the ...50´s and 60´s.
that is 60 years ago +/-, you boludo.
and ALL those brands went bankrupt because they started to make shitty cars, and mismanaged the companies.
not even one of them survived as a british company.
so you have bristol, rover, austin healey, hrd, and the list goes on and on, which disappeared, or rr, bentley, jaguar, mini, you name the rest, which are german or indian companies now.
as i wisely said, these english are useless.
Yeah...real estate is down...car sales down...industrial production down........but grocery sales are up........so GDP must be up. What figures are and are not adjusted for 40% inflation? No jobs report. Even trade is down.
Mar 06th, 2015 - 11:00 pm - Link - Report abuse 027 - oooh cebr. thought that name looked familiar, they're the English guys who were recently saying that GB will be bigger than Germany one day..... if you take a bit off here .... and add a bit there.
Mar 07th, 2015 - 01:50 am - Link - Report abuse 0as they say themselves: “Three years ago we expected a medium term value for the rouble around 36 to the dollar. Now we expect 50, with the currency having dropped to 80 last week”.
Today its 60.
.... just as well they warned the world about the whole global economic crisis thing. assclowns.
@ Paulito
Mar 07th, 2015 - 07:25 pm - Link - Report abuse 0“Resurgent British car industry now third largest in Europe as 1.5million motors roll out of factory gates in 2013 - with Nissan and Land Rover leading the charge”
http://www.thisismoney.co.uk/money/news/article-2544459/Resurgent-British-car-industry-largest-country-Europe-1-5million-motors-roll-factory-gates-2013.html
Yet more than twice as many cars are built in Britain than in Argentina, Quality manufacturers as well, not to mention many of the Formula one cars.
Smeeeeeeeeggg Heeeeeeeeeeeeeaadd
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