translated from Spanish: Effects of the recession: new car sales fell more than 34 percent in September

according to data of the Argentina Republic Auto Dealers Association (ACARA), the number of vehicles patented during September of this an or it was 52.364 vehicles, shows a low of 20% compared with August.

If the comparison is annual, fall rises to 34.7%, since in September of last year, 80.238 units had been patented.

Dante Álvarez, President of ACARA, it warned that “the difficult scene that we were watching becomes more complex, the financial turbulence which retract economic activity in general, and our activity in particular, makes that we had in September a very strong year on year fall that recent all our commercial structure”.

Led the family vehicles of the Volkswagen brand, 7.451 units, with a 14.4% of the market share. Then followed: Renault, with 7.197 patented vehicles, with a 13.9% share; Toyota, with 7.009, with 13.5%; Chevrolet, with 6.761, with 13.1% and Ford, with 5.674, with 11%.

In September, the most marketed model was the Toyota Etios, with 2,257 vehicles, with a share of 5.7%, followed by Chevrolet Onix, 2.206, with 5.6% and Renault Kwid, with 1,187, with 4.8%.

The cumulative nine-month after the year amounts to 686.089, what begins to also show a fall of 2.2% compared with the same period of 2017, in which there had been 701.703 vehicles.

Automotive industry recession

Original source in Spanish

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