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Automotive, with a firm step: they are about to exceed 500,000 units produced in the year

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Automotive terminals produced in October 52,415 unitsby 27.8% more than in the same month of the previous year, as reported by the Association of Automobile Manufacturers (ADEFA).

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The pace of production has materialized despite production interruptions in various factories which took place between the end of September and the end of the previous month, both due to the lack of tires and the difficulties that both terminals and auto parts companies continue to have in accessing Central Bank dollars to pay their suppliers foreigners.

“You have to look the launch of the new SIRA system and its harmonization with production planswith the aim of maintaining growth levels “, said, diplomatically, the head of ADEFA, Martin Galdeano.

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The truth is, the car companies are with numbers that leave. With the production of August they accumulate 446,396 units so far this year and directed to overcome the barrier of 500,000 units per yearan important fact in itself, since since 2016 that local car manufacturers don’t produce that many vehicles.

Another fact to take into consideration is that many of the vehicles produced at this time are exported at levels of 60% or 70% of your production. In the case of pick-ups and SUVs, they also do so with export prices (FOB) of around $ 25,000 on average per unit. When measured by models, a Hilux pickup manufactured in Zárate has such export value practically doubles the import price of a Brazilian Etios.

The downside, as always, is that on average local vehicles do not reach 40% (sector average) of local integration. Most parts, especially motors and electronic parts, are imported.

In October the volume of exported vehicles was 37,326 units (six vehicles out of ten produced), which represented an increase of 43.9% compared to the same month of 2021.

In the cumulative year, the terminals exported 268,182 unitswith an increase of 29.5% compared to the same period of the previous year.

As regards wholesale sales, the terminals shipped vehicles, both domestic and imported by the same companies, to their dealer networks, for a total of 33,087 units30.8% more than in the same month of 2021.

Given the strong demand for zero-mile vehicles at dealerships, that figure will likely end up being the “plan” for patenting next month. So far this year, wholesale sales to retailers have been 307,528 units (12.3% compared to 2021), only from the 12 brands represented within ADEFA. Sales of 0km are complemented by brands that have representatives in the country, without a factory, which are grouped in the room CIDOA.

Source: Clarin

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