New Market Study Published: Argentina Autos Report Q4 2012
The Argentine autos sector is heading for a moderation in 2012, both in terms of domestic sales as well as production. Estimates from the Argentine carmakers' association, ADEFA, show that demand for new vehicles grew only 5.3% y-o-y, after a robust 26.5% y-o-y growth in 2011. Meanwhile, vehicle production fell 4% y-o-y, to 67,667 units in March taking Q112 cumulative production up only 2.7% y-oy, to 163,837, after a 15.6% y-o-y growth in 2011. A major dampener for vehicle demand...
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