Argentina Autos Report Q1 2013 - New Market Report Now Available
BMI has become increasingly bearish on Argentina's automotives sales and production outlook. Over the first three quarters of 2012, vehicle sales in Argentina declined 6% year-on-year (y-o-y), to 603,745 units. In the month of September, sales declined sharply, and this has driven down the year-to-date total. We believe that such large declines are unlikely to be repeated in the remainder of the year. BMI forecasts a 3% decline in this segment in 2012, predicated on our view of continued weakness...
View full press release