No menu items!

March’s auto production was the highest in nearly a decade

Share This Post

- Advertisement -

Automotive terminals manufactured 61,104 vehicles in March, 25.4% more than in the same month of the previous yearas reported by Automotive Manufacturers Association (ADEFA). So far this year, there have been products 134,574 units28.1% more than in the first quarter of the previous year.

- Advertisement -

The March data is not a trivial figure: it is the highest volume, measured in units, from the 72,987 units produced almost a decade ago, in October 2013.

“The volumes that the sector recorded in this first quarter maintain the growth trend we anticipated for 2023,” he said. Martino Galdeano, head of ADEFA and the Ford automobile company. “This result highlights the importance of joint work in the value chain, permanent dialogue and public-private articulation to find the mechanisms that allow us to sustain this growth in a very challenging context,” said the manager.

- Advertisement -

In the first months of this year, factories are adding units following the expansion of shifts that took place between mid-2022 and early 2023. This is the case with second production shifts in peugeot and nissan, As well as an increase in factory production Fiat In Córdoba. Volkswagen it also began producing more units of its model Taosin addition to the withdrawal of Alaska. Furthermore, this year the new version of the Ford Ranger at the General Pacheco factory.

Added to this is the expansion of production to a third shift at the industry leader, Toyota, whose Zárate plant is aiming for a production of 180,000 units this year. Also, at the end of last year, the line for the new chevrolet tracker manufactured in Rosario, parallel to the assembly of the model through.

One detail that local industry does not measure (its Brazilian counterparts clustered in Anfavea do) is the dollar value of local production. But a comparison of the vehicles that are produced in the country today and ten years ago produces at highest percentage of pickups and SUVswith average export prices around $25,000 per unit.

Furthermore, in March, the local industry exported 32,420 vehicles, 31.7% more than in March of the previous year. So far this year they have been exported 67,738 units (50.3% of total production and 25.6% more than units exported in Q1 2022.

Sales to dealers, for supplying the domestic market, recorded a more contained growth, due to the block on importswhich according to industry sources are not applied to the import of auto parts for production, but have instead become more closed to the import of vehicles.

The terminals, which today concentrate 98% of vehicles sold in the countrysold 38,087 units to its dealer networks in March, up 12.6% from volume in the same month last year, while total Q1 wholesale sales were 90,324 units, up 13.7% more than the 79,406 units in the first quarter of 2022.

Source: Clarin

- Advertisement -

Related Posts