The 0 km vehicle market closed the January-June semester with the sale of 26,295 unitsa figure that marked a year-on-year growth of 2.5% (+648 units).
Anyway, the market seems to show signs of stability during the last quarter with sales practically on par with last year, despite the exchange rate accumulated a sharp fall (10.8% at the end of June). A depreciation of the exchange rate is usually a factor that plays in favor of the consumption of vehicles that are imported and marketed in dollars.
In June, for example, 4,319 0 km vehicles were placed in all categories, with a decrease of 1.4% compared to the same month last year (4,379).according to data released on Wednesday by the Automotive Trade Association (ACAU).
Fewer cars, more SUVs and utility vehicles
In January-June 11,751 cars were placed 0 km in Uruguay, the most relevant category in the market (44% of the total). This segment was the only one that fell in the year-on-year comparison (-4.4%) with 538 fewer units sold during the first semester.
In contrast, in the sports utility segment (SUV) were marketed 5,393 vehicles 0 kmin this 622 units above the same period last year. The same thing happened with the utilities (7,844 units), segment where 566 more units were placed during the January-June semester, while in the category of trucks 1,253 vehicles were sold 0 kmsome 55 above the same period in 2021.
Some headaches in the market
The 0 km vehicle market in Uruguay (as in other countries) was hit by the international situation due to the covid-19 pandemic and later the war between Russia and Ukraine, which means that, at times, there is no vehicles in the market, deliveries to customers must be postponed and costs increase.
Martín Boada, vice president of the Association of Automotive Dealers and Brands (Ascoma), had explained to The Observer begining of June that there were few 0 km vehicles in the market because they do not come directly from the factories. “They have difficulties manufacturing due to lack of components and there are also freight problems in the world in general and mainly in Asia,” he said.