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In September, car production fell 10.6% compared to August but exports increased


The national industry had a month with a lack of inputs that slowed down some days of production, and by having lower estimated sales in the local market, they maintained the tendency to boost exports
The national industry had a month with a lack of inputs that slowed down some days of production, and by having lower estimated sales in the local market, they maintained the tendency to boost exports

When the patenting numbers for zero kilometer units for September were known, the drop in the volume of operations compared to August irrefutably reflected the problems that the automotive industry had to supply units to a market that was attacked from different fronts such as inflation, new taxes and the suspension of permits to import finished units.

With the numbers that were published this Wednesday ADEFA, the Association of Automotive Factoriesit is confirmed that these were not only the reasons for a month with a 15.6% drop in sales of 0 km units, but also a complex situation at an industrial level, because in addition to not receiving finished units from abroad to market as imported vehicles, what the national automotive industry suffered was the provision of auto parts that allowed them to produce normally on several occasions.

ADEFA reported that in September 56,750 units were manufactured in the Argentine plants, which means that production fell 10.6% compared to the month of August. And although in the interannual comparison there was a growth of 8.7%, the same comparison between September of one year against the previous one had been much better in 2022, because the difference had been 19.9% ​​in relation to the same month of 2021.

Although each month was better than the same one from the previous year, in September the growth was the lowest in the 9 months of 2023
Although each month was better than the same one from the previous year, in September the growth was the lowest in the 9 months of 2023

In competitive terms compared to the previous period, the evolution of 2023 is positive in all months of the year, however September was the month in which the least growth was recorded. In January, 8,533 more units were manufactured than in January 2022, in February the figure remained similar with a difference of 8,625 cars in favor of this year. March and April were the two best months, with 12,358 and 10,573 more cars than in the same months of 2022, but May, June and July saw a sharp decline, with 6,860, 5,130 and 5,221 units in favor of 2023. August was a great exception to the trend, since 9,398 more cars were manufactured than in 2022, but in September that figure fell to the minimum positive difference, with 4,557 units in 2023 compared to the previous year.

In the accumulated of the first nine months of the year, the sector produced 465,236 passenger and utility vehicles, which implies a 18.1% increase compared to the same period in 2022, in which 393,981 units were manufactured.

Some models such as the Peugeot 208 had a greater volume of units for export than for local consumption in September
Some models such as the Peugeot 208 had a greater volume of units for export than for local consumption in September

“The closing of the first nine months shows an accumulated growth of 18.1% and 6.2% in production and exports, respectively, and are results that reflect the great effort that the sector has been carrying out in a challenging context,” said Martín Galdeano, president of ADEFAwho also pointed out that “it is essential to continue working together with the Value Chain and the Government in the search for measures focused on sustaining production and exports.”

The other variable that is shown in the monthly ADEFA reports is that of the exports of the sector. In this item, September had 35,555 units destined for foreign trade, which represents an increase of 0.5% compared to the same month last year, although a much better performance compared to August 2023, since operations increased by a 23.2%, something reasonable based on the shrinkage of the local market due to the circumstances of the Argentine economy and the loss of purchasing power of users.

The volume of utility vehicles was once again the one that exported the most units in September
The volume of utility vehicles was once again the one that exported the most units in September

The detail that differentiates the export of automobiles and light utility vehicles shows that the pick-up industry continues to be the one that sends the most vehicles to foreign trade, since in August 15,066 cars and 13,796 trucks and vans had been exported, however in September the proportion was reversed, with 16,106 cars and a strong rise in light commercial vehicles that reached 19,449 units, which represents an increase of 41%. In the year-on-year comparison, the figures remained similar to 2022, with negative 0.7% in cars and 1.5% in the van segment.



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