automotive production it fell nearly 30% in Marchas reported by the Automobile Manufacturers Association (ADEFA). With 18 working days of activity (four days less than in March last year), vehicle production (cars and commercial vehicles) was 43,159 units, 29.4% less in comparison with the 61,104 units produced in March 2023.
So far this year the terminals have produced 103,293 units, which in turn represents a decline of 23.2% compared to the first quarter of last year. There were four fewer working days than in March 2023, but more importantly There were fewer buyers at dealerships.
The decline in production is in line with the sharp decline in sales at dealerships: according to the Automotive Dealers Association (FACE), in the first quarter the patentability of zero kilometer units decreased more than 30%.
In March, the exportswith 23,484 vehicles shipped to several markets in the region, which meant a drop of 27.6% compared to March last year.
However, in the cumulative quarter, the decline in exports was not as dramatic: with 62,370 units going abroad between January and March, the decline compared to the same period last year. it was 7.9%.
In fact, so far this year the terminals They exported 65% of the vehicles they produced. Although down from last year, the export portion has grown significantly in terms of participation just over 50% which it represented throughout 2023. External markets today support the activity of many terminals, who have Brazil as their almost exclusive destination (70% of exports go to the neighboring country).
“While we wait for the economic measures adopted to contribute to the recovery of activity, the trend of the main variables shows that we must redouble our efforts and work together with the value chain to have the tools that allow us to have a good level of activity” , said Martín Zuppi, president of ADEFA.
The other side of exports, with the collapse of sales on the domestic market, also had its correlation in wholesale that the terminals assign to their dealer networks.
In March, the terminals shipped 30,176 units (including domestic and imported vehicles), 20.8% below of the volume sold in the same month last year. So far this year, dealer sales totaled 79,352 units, 12.1% lower than the 90,324 units in the first quarter of 2023.
Source: Clarin
