The national manufacturing of vehicles during February was 46,286 units22.9% above the record for the same month last year, while the exports registered a rise of 19.7% in the same periodaccording to report of the Association of Automotive Factories (Adefa).
With the figures for the second month of the year, in the accumulated figures for the first two months the sector produced a total of 73,470 vehicles, that is, 30.5% more than the 56,312 units registered in the same period of 2022.
With 18 business days of activity, the automotive terminals produced 46,286 units in February, an increase of 22.9% compared to the 37,661 units that were produced in February of last year, and at the same time an increase of 70.3% compared to January when 27,184 vehicles left the terminals, including cars and light commercials.
The report also indicated that the volume of exported vehicles was 23,960 unitswhich yielded a 111% increase In its comparison with January, but compared to the same month of 2022, the sector registered an increase in shipments of 19.7%.
In the accumulated January-Februarythe terminals exported 35,318 units, 20.4% more than the shipments registered in the same period last year.
One fact that stands out is that the February exports represented 51.8% of the production of the same month and 48.1% of the accumulated, which marks the importance of foreign markets in the growth of the activity.
Regarding the identification of the exports by destinations It was highlighted that during the first two months, 53.3% of the shipments, equivalent to 18,829 units, went to Brazil, a figure that, although high, is well below the historical 80% it had years ago.
In market diversification, Colombia So far this year, it has been the destination of 11.4% of national exports, the same weight as Peru, followed by Central American countries with 9.1% of the total, Chile with 8.2%, and 1.6% from Uruguay, 1.2% from Ecuador and 1.1% from Mexico.
Finally, in wholesale, the automotive sector marketed to the dealer network 30,125 units in Februaryvolume 8.5% above the volumes of the same month last year and 36.2% above the performance of January 2023.
Comparing the bimester of 2023 with respect to 2022, a rise of 14.6%, since 45,579 vehicles were delivered in the first two months of 2022 and 52,237 in the recent period.
“The numbers of the main variables continue registering a positive behavior confirming the trend that we had anticipated months ago”, pointed out Martín Galdeano, president of ADEFA who remarked that the increase in the main variables “is a reflection of the joint work that we have been carrying out in a sustained manner with the value chain and the authorities.”
The data ✅ pic.twitter.com/PUqjGEyrqX
– Adefa-Press (@Adefa_Prensa) March 3, 2023
Argentine mining is one of the productive sectors with the greatest projections, in addition to having a positive trade balance and the consequent generation of foreign currency for the country. In the last three years, investment announcements have been made in the country for more than 10 million dollars and for projects in different stages of execution.
In February, The number of patented vehicles amounted to 30,121 unitswhich represented a rise of 3.5% year-on-year, with which the first two months of the year accumulated an increase of more than 10%, according to the report of the Association of Automotive Dealers (Acara).
The weight of the vehicles Domestic manufacturing reached 60% of the total market in Februarywhich reflected that the three best-selling models left local terminals: the Fiat Cronos that is produced in the province of Córdoba, the Peugeot 208 in the Buenos Aires town of El Palomar, and the Toyota Hilux pick-up, from the game of Zárate to the north of the province of Buenos Aires.
