Argentina New Cars Market in September ended a series of 6 falling quarters.

Argentina new cars market Renault Sandero 2015

Argentina New Cars Market in September ended a series of 6 falling quarters thanks to the really low-level of current volumes and a recovering economy. Renault is growing really fast.

Economic Environment

Recent data suggest that the positive momentum in Argentina’s economy carried over from Q1 into Q2 of the 2015.

In June, economic activity accelerated for the fifth straight month and consumer confidence sustained the upward trend that has been in place since the beginning of 2015 in August. Nevertheless, exports continued to record double-digit contractions mainly reflecting a slowdown in China and lower commodity prices.

Following Daniel Scioli’s win in the primary presidential elections last month, recent opinion polls show that voter preferences have not changed much ahead of the 25 October elections. Scioli has pledged to continue the current government’s popular welfare programs while also promising gradual reforms towards more open markets.

Adding to that, dwindling reserves will likely prompt the next government to seek a deal with the holdouts in order to regain access to international capital markets.

Market Outlook

Following the 2009-2013 boom when market soared from 0.5 to 0.9 million units per year, the Argentinian automotive industry was heavily hit by the last two years crisis and fell down back at 0.5 million with the 2014 huge lost.

In the 2015 the crisis was live for the entire first half with just June scoring a shy but positive data ending the period with a -17.0%.

Fueled by recoving economy, the third quarter was finally positive and after two little fall in July (-2.7% and in August (-2.0%) in September it was up 6.7% with 62.137 sales, ending the quarter up 1.0%.

According to data released by ACARA and ADEFA, the Argentinian Associations of car manufacturers and dealers, new light passengers vehicles sold during the first nine months of the year have been 477.042, down 11.5% from the correspondent month last year.

Competitive Arena

Volkswagen led the market with September sales at 12.057 (+13.4%) and year to date at 90.856 (+4.9%) with the market share at 19.0%.

Ford in second registered 9.363 units (+13.3%) while the third was Renault with 8.422 units (+36.5%). Behind, Chevrolet with 8.340 (+25.7%), Fiat with 7.205 (+20.2%) and Toyota with 7.043 (+15.6%).

As far as the groups ranking, the leader was Volkswagen with share at 19.8%, followed by Ford at 15.1%, Renault-Nissan with 14.7, General Motors with 13.4% and FCA with 12.2%.

As far as the best-selling models, the September leader was the Chevrolet Classic with 3.209 sales (-38.3%), followed by Toyota Hilux  with 3.076 units (+24.8%) and Volkswagen Gol with 3.075 (+11.8%).

Research, Consulting, Data & Forecast Store

F2M covers intensively this market with several products developed to help any investigation required.

Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2020.

Auto Data in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.

All these and more within our Argentina Store

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will report year to date data updated.

Rank Sep Rank 2015 Brand Sales Sep Sales Ytd Var Sep Var Ytd Share Sep Share Ytd
1 1 Volkswagen 12.057 90.856 13,4% 4,9% 19,4% 19,0%
2 2 Ford 9.363 71.522 13,3% -4,1% 15,1% 15,0%
3 4 Renault 8.422 57.386 36,5% -21,5% 13,6% 12,0%
4 3 Chevrolet 8.340 66.756 25,7% -4,1% 13,4% 14,0%
5 5 Fiat 7.205 55.406 20,2% -25,2% 11,6% 11,6%
6 6 Toyota 7.043 50.267 15,6% -1,8% 11,3% 10,5%
7 7 Peugeot 4.673 39.385 -28,4% -32,0% 7,5% 8,3%
8 8 Citroen 1.811 16.695 -17,4% -29,0% 2,9% 3,5%
9 9 Nissan 705 5.609 8,6% 28,4% 1,1% 1,2%
10 11 Honda 585 4.705 -48,0% -35,7% 0,9% 1,0%
11 10 Mercedes 538 4.733 6,3% 10,2% 0,9% 1,0%
12 12 Chery 334 4.102 -12,6% 42,8% 0,5% 0,9%
13 13 Iveco 213 1.966 -13,1% 18,8% 0,3% 0,4%
14 16 Audi 212 1.398 231,3% 45,3% 0,3% 0,3%
15 15 Hyundai 158 1.534 -28,2% 16,7% 0,3% 0,3%
16 14 Kia 154 1.732 -14,4% 71,8% 0,2% 0,4%
17 17 Ram 120 1.221 -41,2% 17,2% 0,2% 0,3%
18 19 BMW 52 322 -5,5% -35,7% 0,1% 0,1%
18 18 Mitsubishi 52 430 26,8% 31,1% 0,1% 0,1%
19 21 Jeep 26 261 -48,0% -55,8% 0,0% 0,1%
20 20 Alfa Romeo 19 268 -5,0% 114,4% 0,0% 0,1%
21 24 Subaru 18 67 500,0% 6,3% 0,0% 0,0%
22 22 Smart 14 132 -12,5% -27,5% 0,0% 0,0%
23 23 Mini 12 68 -7,7% -51,1% 0,0% 0,0%
24 27 Land Rover 4 39 -63,6% -62,1% 0,0% 0,0%
24 28 Porsche 4 37 33,3% -15,9% 0,0% 0,0%
25 29 Volvo 2 27 0,0% -76,5% 0,0% 0,0%
26 25 Dodge 1 51 -97,7% -86,5% 0,0% 0,0%

Rank Sep Rank 2015 Group Sales Sep Sales Ytd Var Sep Var Ytd Share Sep Share Ytd
1 1 Volkswagen 12.273 92.291 14,8% 5,4% 19,8% 19,3%
2 2 Ford 9.363 71.522 13,3% -4,1% 15,1% 15,0%
3 4 Renault-Nissan 9.127 62.995 33,8% -18,7% 14,7% 13,2%
4 3 General Motors 8.340 66.756 25,7% -4,1% 13,4% 14,0%
5 5 FCA 7.584 59.193 15,6% -24,1% 12,2% 12,4%
6 7 Toyota 7.043 50.267 15,6% -1,8% 11,3% 10,5%
7 6 PSA 6.484 56.080 -25,7% -31,2% 10,4% 11,8%
8 9 Honda 585 4.705 -48,0% -35,7% 0,9% 1,0%
9 8 Mercedes Daimler 552 4.865 5,7% 8,7% 0,9% 1,0%
10 10 Chery Automobile 334 4.102 -12,6% 42,8% 0,5% 0,9%

Rank Sep Rank 2015 Model Sales Sep YTD Sep Var Sep Var YTD Share Sep Share 2015
1 2 Chevrolet Classic 3.209 22.700 38,3% 12,3% 5,34% 4,9%
2 3 Toyota Hilux 3.076 21.456 24,8% 0,4% 5,12% 4,6%
3 1 Volkswagen Gol 3.075 24.331 11,8% -10,8% 5,12% 5,2%
4 4 Fiat Palio 2.699 21.175 50,2% -7,6% 4,49% 4,6%
5 5 Ford Fiesta 2.631 20.847 54,2% 3,7% 4,38% 4,5%
6 6 Ford Ecosport 2.573 19.358 41,8% -6,6% 4,28% 4,2%
7 14 Volkswagen Suran 2.382 13.611 -2,4% -16,4% 3,96% 2,9%
8 17 Volkswagen Up! 2.299 10.496 139,0% 384,6% 3,83% 2,3%
9 7 Ford Focus 2.232 16.220 69,3% -1,1% 3,71% 3,5%
10 9 Toyota Etios 2.196 15.678 20,3% -4,8% 3,65% 3,4%
11 12 Volkswagen Amarok 2.004 14.029 42,8% 8,6% 3,34% 3,0%
12 8 Renault Clio 1.952 16.103 -34,2% -27,5% 3,25% 3,5%
13 10 Fiat Siena 1.874 15.078 4,1% -17,4% 3,12% 3,2%
14 11 Ford Ranger 1.814 14.103 12,1% 8,5% 3,02% 3,0%
15 15 Peugeot 208 1.717 12.481 -22,3% -24,9% 2,86% 2,7%
16 16 Toyota Corolla 1.666 12.434 -5,7% 6,3% 2,77% 2,7%
17 19 Renault Duster 1.420 8.655 165,9% -20,9% 2,36% 1,9%
18 13 Renault Kangoo 1.200 13.941 -13,4% 8,5% 2,00% 3,0%
19 21 Volkswagen Voyage 1.109 7.181 37,6% -6,4% 1,85% 1,5%
20 18 Chevrolet Onix 1.063 8.695 135,7% 31,1% 1,77% 1,9%
21 22 Chevrolet Prisma 915 7.135 111,8% 18,3% 1,52% 1,5%
22 20 Peugeot 308 893 8.560 -22,6% -32,9% 1,49% 1,8%
23 24 Volkswagen Saveiro 891 6.561 36,9% 27,4% 1,48% 1,4%
24 37 Renault Logan 789 3.816 168,4% -49,7% 1,31% 0,8%
25 23 Volkswagen Fox 766 6.608 -24,0% -1,2% 1,27% 1,4%
26 28 Peugeot 207 728 5.542 -46,4% -42,1% 1,21% 1,2%
27 32 Fiat Strada 701 4.275 53,1% -28,9% 1,17% 0,9%
28 30 Chevrolet Tracker 686 4.514 48,8% 17,2% 1,14% 1,0%
29 27 Chevrolet Spin 684 5.677 78,6% 18,2% 1,14% 1,2%
30 31 Volkswagen Vento 683 4.286 75,1% -7,3% 1,14% 0,9%
31 41 Citroen C4 668 3.395 -29,6% -55,7% 1,11% 0,7%
32 39 Fiat Fiorino 631 3.743 -1,9% -39,5% 1,05% 0,8%
33 34 Chevrolet S10 620 4.194 81,3% -2,4% 1,03% 0,9%
34 42 Renault Fluence 599 3.310 -43,8% -33,2% 1,00% 0,7%
35 40 Fiat Punto 531 3.573 43,9% -40,1% 0,88% 0,8%
36 38 Peugeot 408 502 3.794 38,7% -28,6% 0,84% 0,8%
37 43 Volkswagen Golf 483 2.619 #DIV/0! #DIV/0! 0,80% 0,6%
38 36 Mercedes Sprinter 447 3.869 16,7% 30,2% 0,74% 0,8%
39 52 Honda HR-V 401 1.393 #DIV/0! #DIV/0! 0,67% 0,3%
40 35 Citroen Berlingo 319 3.924 104,5% 7,6% 0,53% 0,8%

 

 

(641)

In the spotlight

Brazil Outlook 2017. Recession is not over

Brazil Automotive Industry outlook in the 2017 is not yet positive albeit the prolonged crisis. Indeed economic perspective are still negative and the sector has not yet bottomed out. Market recovery from 2018