Argentina's carmaking industry posted a 17.1% contraction in 2024, with an output of 506,571 units, a report from the Association of Automotive Manufacturers (ADEFA) released this week showed. Nevertheless, production is expected to reach 600,000 units this year.
Registrations for new vehicles in Argentina fell 40% in October compared to the same month in 2013, according to the latest study by commercial sellers' group ACARA. The chamber revealed that 52,983 cars were registered over the past month, against 59,099 in September and 88,948 last October.