While car making in Argentina went down 16.7% year-on-year in January, exports grew by 34.7%, according to a report released Monday in Buenos Aires by the Association of Automotive Manufacturers (Adefa). Domestic vehicle production reached 22,643 units last month during a total of only 11 working days due to the prolonged summer recess. It also represented a 38.8% decline from December's output. Read full article
Comments
Disclaimer & comment rulesThe electric car industry will dominate sales in South America before the end of the current decade. We are already observing massive investments by automakers in the Brazilian industrial park.
Feb 06th, 2024 - 05:32 pm - Link - Report abuse -2It is very important that Argentina is able to receive part of the investments for industrial updating, including lithium or sodium battery production factories, taking advantage of the competitive advantages it has.
It is good to remember that all investment has a strong political component. And the current president of Argentina is anything but a politician friendly to Brazil.
It is speculated that there would be better integration in the production of electric vehicles if lithium/sodium batteries were produced in Bolivia (friend-shoring).
It's good to pay attention.
What the Venezuelan people have done in twenty years is truly fantastic.
Feb 06th, 2024 - 09:34 pm - Link - Report abuse 0- other economic wisdom from Captain America.
The best thing that happened to Venezuela since Simon Bolivar was the sanctions imposed by the Empire.
Feb 07th, 2024 - 03:00 pm - Link - Report abuse -3Venezuela is now the master of its own path and destiny. And he's doing very well. With the help of the MST, Venezuela now produces practically all the food its people need. There is no more hunger.
And with the help of China and Russia, there will soon be industries and wealth irrigating the nation.
The United States had every opportunity to help Venezuela improve the lives of its people. The only thing the States cared about improving was the lives of the Venezuelan caste, who now live in Miami enjoying stolen oil.
A significant portion of Venezuelans have fled their country, no wonder there is plenty of food in Venezuela.
Feb 07th, 2024 - 08:21 pm - Link - Report abuse +2They fled their fantastic country because:
It sucks living in China, it sucks living in Russia, it sucks living in Venezuela.
Those people don't choose their leaders, they are chosen for them at gunpoint and fake elections. And they don't criticize the leaders that were forced on them or they'll go to jail, or disappear.
But the shitty oppressed lives of those people doesn't mean anything to you, only that their totalitarian oppressors oppose the U.S.
Opposing the U.S. is very important to you, people having shitty lives because of their Nazi fascist totalitarian government is not important to you.
So, next time you want to spout out about uplifting the shitty lives of the poor, remember that you don't give a crap about people having shitty lives, and be quiet.
Just shout out about your real obsession:
Down with the U.S.!
Go China! Go Russia! Go Maduro! Go dictators!
And no one is going to disappear you in jail for saying that.
Because you live under free speech and an elected leader, not a dictator.
Yet you are still a little Putin Youth totalitarian automaton.
Sieg Putin!
That is a special college you and all the other Brasileiros attend.
Is that a fraternity you all belong to, or just a campus communism club?
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!