Flash Reports

Argentina new cars sales boomed in November. Renault shines.

Argentina new cars sales Renault-Megane_2016

Argentina new cars sales boomed in November almost recovering the gap from last year. Renault reported an astonishing +116% gaining the second place while the Volkswagen Gol was back leader.

Economic Environment

In Q2, Argentina’s economy gained some strength on the back of a surge in government spending, but latest data show that the economy likely decelerated in Q3. Economic activity lost steam in August and industrial production barely increased in September. The country held presidential elections on 25 October, but no candidate emerged triumphant as no one was able to surpass the 45% vote threshold.

As a result, a runoff between Daniel Scioli—the candidate from the ruling left-wing Front for Victory party—and Mauricio Macri—the representative of the conservative Let’s Change coalition—will be held on 22 November.

Despite their different proposed approaches, the two candidates agree that gaining access to international capital markets is key to improving the country’s growth trajectory and fiscal stance. Expectations that the incoming government will devalue the currency soon are weighing on foreign reserves as the Central Bank tries to counteract excess demand for the U.S. dollar.

Market Outlook

This is definitively the craziest car market in the World with trend rapidly changing from dep falls to rapid increase. and actually is the case of strong recovery, probably correlated with hopes for changes in the economic approach following the results of politic election and the end of Kirkner era.

Following a first three quarters fall of 11.5%, since October the market is growing fast with October up 13.6% and November booming 31.9%.

According to data released by ACARA and ADEFA, the Argentinian Associations of car manufacturers and dealers, new light passengers vehicles sold last month had been 48.700 with the year-to-date volume at 583.385, down only 6.5% from the correspondent period last year.

Competitive Arena

Volkswagen led the market with sales at 8.800 (+7.0%) while the performance of Renault, in second place, was really astonishing with +116.0% from last year at 6.882 units, just ahead of Chevrolet, third with 6.761 (+49.7%).

Ford was fourth  with 6.262 units (+7.2%) and was followed by Fiat with 5.323 (+56.4%), Toyota with 5.063 (+18.0%) and Peugeot with 4.262 (+12.9%).

As far as the groups ranking, the leader was Volkswagen with share at 18.3%, followed by Renault-Nissan with 15.5% and General Motors with 13.9%.

As far as the best-selling models, the leader was the Volkswagen Gol with 2.193 sales (-6.3%), followed by the Chevrolet Classic with 2.021 units (+16.7%) and the Volkswagen Amarok with 1.905 (+55.6%).

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 Nov Rank 2015 Brand Nov YTD Nov Var Nov Var 2015 Nov 2015
1 1 Volkswagen 8.800 111.023 7,0% 4,7% 18,1% 19,0%
2 4 Renault 6.882 71.948 116,0% -10,7% 14,1% 12,3%
3 3 Chevrolet 6.761 80.424 49,7% 1,3% 13,9% 13,8%
4 2 Ford 6.262 86.167 7,2% -1,4% 12,9% 14,8%
5 5 Fiat 5.323 67.109 56,4% -18,1% 10,9% 11,5%
6 6 Toyota 5.063 61.621 18,0% -0,5% 10,4% 10,6%
7 7 Peugeot 4.246 48.444 12,9% -28,5% 8,7% 8,3%
8 8 Citroen 1.950 20.606 48,9% -24,6% 4,0% 3,5%
9 10 Mercedes 979 6.815 113,3% 30,7% 2,0% 1,2%
10 9 Nissan 668 6.981 49,1% 28,3% 1,4% 1,2%
11 13 Iveco 600 3.225 214,1% 54,7% 1,2% 0,6%
12 11 Honda 297 5.383 -33,3% -37,5% 0,6% 0,9%
13 12 Chery 249 4.667 -7,4% 32,0% 0,5% 0,8%
14 14 Kia 137 1.997 29,2% 51,2% 0,3% 0,3%
15 16 Audi 101 1.665 62,9% 53,3% 0,2% 0,3%
16 17 Ram 85 1.348 -20,6% 3,1% 0,2% 0,2%
17 15 Hyundai 72 1.695 -44,6% 1,8% 0,1% 0,3%
18 22 Volvo 67 171 35,7% 0,1% 0,0%
19 18 Mitsubishi 34 514 0,0% 27,9% 0,1% 0,1%
20 19 BMW 32 394 77,8% -29,8% 0,1% 0,1%
21 20 Alfa Romeo 22 318 46,7% 102,5% 0,0% 0,1%
22 21 Jeep 19 299 -47,2% -55,4% 0,0% 0,1%
23 27 Dodge 10 60 -41,2% -85,9% 0,0% 0,0%
24 31 Suzuki 9 20 -84,3% 0,0% 0,0%
25 28 Land Rover 7 53 40,0% -54,3% 0,0% 0,0%
25 26 Dongfeng 7 63 0,0% 0,0%
25 23 Smart 7 146 -46,2% -30,5% 0,0% 0,0%
26 24 Mini 6 80 -50,0% -50,6% 0,0% 0,0%
27 25 Subaru 3 75 0,0% 8,7% 0,0% 0,0%
28 29 Porsche 2 43 -60,0% -17,3% 0,0% 0,0%

Rank Nov Rank 2015 Group Nov YTD Nov Var Nov Var 2015 Nov 2015
1 1 Volkswagen 8.903 112.731 7,4% 5,1% 18,3% 19,3%
2 4 Renault-Nissan 7.550 78.929 107,8% -8,2% 15,5% 13,5%
3 3 General Motors 6.761 80.424 49,7% 1,3% 13,9% 13,8%
4 2 Ford 6.262 86.167 7,2% -1,4% 12,9% 14,8%
5 6 PSA 6.196 69.050 22,2% -27,4% 12,7% 11,8%
6 5 FCA 6.059 72.382 60,5% -16,5% 12,4% 12,4%
7 7 Toyota 5.063 61.621 18,0% -0,5% 10,4% 10,6%
8 8 Mercedes Daimler 986 6.961 108,9% 28,3% 2,0% 1,2%
9 9 Honda 297 5.383 -33,3% -37,5% 0,6% 0,9%
10 10 Chery Automobile 249 4.667 -7,4% 32,0% 0,5% 0,8%

Rank Nov Rank 2015 Model Nov 2015 Var Nov Var 2015 Nov % 2015 %
1 1 Volkswagen Gol 2.193 27.942 -6,4% -14,2% 4,5% 5,1%
2 2 Chevrolet Classic 2.021 25.533 16,7% 6,7% 4,1% 4,7%
3 10 Volkswagen Amarok 1.905 17.264 55,6% 10,4% 3,9% 3,2%
4 3 Toyota Hilux 1.892 25.042 -5,3% -4,5% 3,9% 4,6%
5 8 Toyota Etios 1.861 18.865 45,5% -3,0% 3,8% 3,5%
6 4 Fiat Palio 1.839 22.487 50,9% -12,3% 3,8% 4,1%
7 12 Volkswagen Suran 1.759 16.652 50,1% -15,0% 3,6% 3,1%
8 13 Renault Kangoo 1.665 16.061 69,2% 6,6% 3,4% 3,0%
9 7 Ford Focus 1.664 19.008 55,4% -0,5% 3,4% 3,5%
10 15 Peugeot 208 1.571 14.973 25,5% -25,0% 3,2% 2,8%
11 6 Ford Ecosport 1.522 21.520 -14,8% -11,0% 3,1% 4,0%
12 9 Renault Clio 1.516 18.266 37,3% -27,7% 3,1% 3,4%
13 11 Fiat Siena 1.410 17.249 1136,8% -11,3% 2,9% 3,2%
14 14 Ford Ranger 1.361 15.869 25,7% 2,0% 2,8% 2,9%
15 5 Ford Fiesta 1.271 22.345 -25,2% -6,3% 2,6% 4,1%
16 16 Toyota Corolla 1.247 14.400 41,2% 0,8% 2,5% 2,6%
17 21 Renault Sandero 1.197 9.092 692,7% -14,4% 2,4% 1,7%
18 20 Renault Duster 1.036 9.425 128,2% -22,5% 2,1% 1,7%
19 18 Peugeot 308 933 10.083 49,0% -30,1% 1,9% 1,9%
20 19 Chevrolet Onix 786 9.544 238,8% 31,4% 1,6% 1,8%
21 22 Peugeot Partner 756 8.893 -1,0% -27,5% 1,5% 1,6%
22 27 Chevrolet Spin 749 6.556 142,4% 21,7% 1,5% 1,2%
23 30 Chevrolet Tracker 687 5.729 109,5% 25,3% 1,4% 1,1%
24 28 Chevrolet Agile 645 6.458 17,7% -18,4% 1,3% 1,2%
25 34 Renault Logan 618 4.951 419,3% -36,5% 1,3% 0,9%
26 33 Citroen C3 615 4.962 34,9% -47,3% 1,3% 0,9%
27 17 Volkswagen Up! 604 11.776 -35,7% 171,5% 1,2% 2,2%
28 41 Citroen C4 583 3.978 61,9% -56,3% 1,2% 0,7%
29 36 Fiat Fiorino 566 4.773 149,3% -25,9% 1,2% 0,9%
30 43 Volkswagen Golf 562 3.711 #DIV/0! #DIV/0! 1,1% 0,7%
31 31 Fiat Strada 513 5.236 142,0% -24,9% 1,0% 1,0%
32 29 Peugeot 207 508 6.385 -13,9% -43,9% 1,0% 1,2%
33 35 Citroen Berlingo 500 4.896 163,2% 21,5% 1,0% 0,9%
34 32 Volkswagen Vento 498 5.026 155,4% -2,1% 1,0% 0,9%
35 40 Renault Fluence 495 4.425 196,4% -22,6% 1,0% 0,8%
36 23 Chevrolet Prisma 481 7.757 120,6% 19,0% 1,0% 1,4%
37 54 Honda City 477 1.528 55,9% -50,8% 1,0% 0,3%
38 38 Chevrolet S10 470 4.624 78,0% -3,4% 1,0% 0,8%
39 39 Peugeot 408 418 4.546 40,3% -24,1% 0,9% 0,8%
40 37 Mercedes Sprinter 417 4.665 10,0% 26,1% 0,9% 0,9%

 

 

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