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Montevideo, March 9th 2025 - 02:53 UTC

Tag: Martin Zuppi

  • Saturday, March 8th 2025 - 10:36 UTC

    Car-making blooming in Argentina

    If local governments lowered their taxes, carmaking companies would have fewer costs, thus boosting the industry, Zuppi argued

    Argentina's automotive sector saw significant growth last month, with production reaching 42,419 units, a 41.1% increase from January and 13.1% higher than February 2024, according to a report released Friday by the Association of Automotive Manufacturers (ADEFA). The document also showed that exports rose to 22,496 vehicles, up 102.1% from January but down 4.6% compared to February 2024. In addition, Wholesale sales to dealers also surged, totaling 45,617 units, a 33.8% increase from January and 37.3% higher than the previous year.

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  • Tuesday, January 7th 2025 - 08:15 UTC

    Argentina's automotive industry forecast to bounce back this year

    “With a clear strategy and concrete measures, 2025 looks like a favorable year for the automotive industry,” Zuppi hoped

    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.