Argentina Vehicle Market creaks losing in August one third of volume.

Argentina Vehicle Market Toyota etios interiors

Argentina Vehicle Market creaks losing in August one third of volume hit by government measures to retread the collapsing economy with poor consumer’s demand. All players are losing, but Toyota benefitting of new Etios.

In August 2014 according to data released by ACARA and ADEFA, the Argentinian Associations of car manufacturers and dealers, the New Light Passengers Vehicles sold in Argentina have been 55.531, down 30.5% from the correspondent month last year, the 8th year-on-year falling month in a row.

In the first eight month of the year, total Vehicles sales have been 479.791, down 25.5% from the correspondent period last year.

On the back of the devaluation of the peso in January and increased taxes on vehicles imports the automotive sector is in vertical decline this year and August over 30% volume lost was the worse year-on-year performance.

The country is on the edge of a new financial collapse with huge inflation, slow real wage growth and high and rising unemployment level. The actions put in place this year by the government has not been able to change the trend and we expect further taxes on imported goods aiming to drag in currency.

Full year 2014 forecast is for a bearish 25.0% decline at 687.000 units while for 2015 the outlook stands down with market projected at 570.000.

In this environment, almost all car makers balance sheet are deeply hit and all actions to minimize the sales lost have low impact. In August the top sixth brands have lost volume compared with the correspondent month last year, from the only -9.5% scored by Ford (3rd with 7.814 sales) to the -41.0% of Peugeot (6th with 5.731 sales).

The first not-declining was Toyota (7th with 5.59 sales, + 34.1%) thanks to the benefit of new Etios additional volumes.

In the interactive tables below you can sort through the All Brands and Best-selling models ranking:

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Rank Aug Rank YTD Brand Aug 2014 Ytd 2014 Aug YoY var. % Share Q1 Share I Half Share Jul Share Aug
1 1 Volkswagen 8.538 75.858 -37,3% 17,1% 16,1% 14,1% 15,4%
2 5 Chevrolet 8.508 62.917 -29,5% 11,7% 12,3% 15,5% 15,3%
3 4 Ford 7.814 66.168 -9,5% 12,3% 13,7% 13,7% 14,1%
4 2 Fiat 7.661 68.039 -21,4% 12,8% 13,9% 16,0% 13,8%
5 3 Renault 6.883 66.811 -40,3% 15,0% 14,4% 12,2% 12,4%
6 6 Peugeot 5.731 51.351 -41,0% 12,2% 10,9% 9,6% 10,3%
7 7 Toyota 5.159 45.057 34,1% 8,8% 9,3% 9,5% 9,3%
8 8 Citroen 2.008 21.299 -43,0% 5,1% 4,6% 4,3% 3,6%
9 9 Honda 1.182 6.189 -9,6% 1,2% 1,1% 1,5% 2,1%
10 11 Nissan 572 3.709 0,9% 0,7% 0,7% 0,9% 1,0%
11 10 Mercedes 348 3.787 -62,6% 0,9% 0,8% 0,6% 0,6%
12 12 Chery 280 2.489 -62,6% 0,5% 0,5% 0,5% 0,5%
13 16 Ram 165 834 0,1% 0,1% 0,3% 0,3%
14 14 Hyundai 139 1.091 -75,4% 0,2% 0,2% 0,2% 0,3%
15 13 Iveco 138 1.410 -22,5% 0,3% 0,3% 0,4% 0,2%
16 17 Kia 119 828 -52,2% 0,1% 0,2% 0,2% 0,2%
17 20 Dodge 49 334 -76,3% 0,1% 0,1% 0,0% 0,1%
18 19 BMW 45 446 -86,3% 0,1% 0,1% 0,1% 0,1%
19 18 Jeep 44 539 -76,3% 0,1% 0,1% 0,1% 0,1%
20 15 Audi 37 897 -93,4% 0,3% 0,2% 0,1% 0,1%
21 21 Mitsubishi 32 286 -50,8% 0,1% 0,1% 0,0% 0,1%
22 23 Mini 17 125 -66,7% 0,0% 0,0% 0,0% 0,0%
23 24 Volvo 13 113 -72,9% 0,0% 0,0% 0,0% 0,0%
24 26 Alfa Romeo 12 105 -85,4% 0,0% 0,0% 0,0% 0,0%
24 22 Smart 12 165 -52,0% 0,0% 0,0% 0,0% 0,0%
25 28 Subaru 7 60 -75,0% 0,0% 0,0% 0,0% 0,0%
26 25 Suzuki 6 106 0,0% 0,0% 0,0% 0,0%
27 29 Porsche 4 40 -80,0% 0,0% 0,0% 0,0% 0,0%
27 30 Chrysler 4 39 -50,0% 0,0% 0,0% 0,0% 0,0%
28 27 Land Rover 2 92 -92,3% 0,0% 0,0% 0,0% 0,0%
29 32 Ferrari 1 7 0,0% 0,0% 0,0% 0,0%
29 34 SsangYong 1 3 -66,7% 0,0% 0,0% 0,0% 0,0%

Rank Aug Rank Ytd Model Aug 2014 Ytd 2014 Aug YoY var. % Share Jul Share Aug Share YTD
1 3 Renault Clio 2.835 18.724 2,6% 4,8% 5,1% 3,9%
2 6 Chevrolet Classic 2.561 17.409 -22,4% 3,1% 4,6% 3,6%
3 2 Fiat Palio 2.555 20.466 40,7% 5,3% 4,6% 4,3%
4 11 Ford Focus 2.418 13.831 75,3% 3,1% 4,4% 2,9%
5 5 Ford Ecosport 2.151 18.138 -29,5% 3,3% 3,9% 3,8%
6 1 Volkswagen Gol 2.150 23.544 -61,0% 2,4% 3,9% 4,9%
7 4 Toyota Hilux 1.951 18.335 -5,6% 2,9% 3,5% 3,8%
8 12 Volkswagen Suran 1.898 13.358 18,6% 2,2% 3,4% 2,8%
9 8 Fiat Siena 1.782 15.003 24,2% 3,4% 3,2% 3,1%
10 7 Ford Fiesta 1.775 16.744 113,3% 1,9% 3,2% 3,5%
11 9 Toyota Etios 1.707 14.277 2,7% 3,1% 3,0%
12 10 Peugeot 208 1.705 13.957 -46,5% 2,2% 3,1% 2,9%
13 15 Volkswagen Amarok 1.429 11.107 16,4% 1,6% 2,6% 2,3%
14 18 Toyota Corolla 1.366 9.697 18,1% 2,0% 2,5% 2,0%
15 16 Ford Ranger 1.302 10.885 -31,7% 1,8% 2,4% 2,3%
16 13 Renault Kangoo 1.269 11.242 -28,0% 2,4% 2,3% 2,3%
17 21 Peugeot 207 1.204 7.955 -40,2% 1,4% 2,2% 1,7%
18 14 Peugeot 308 1.147 11.164 -26,8% 1,4% 2,1% 2,3%
19 20 Peugeot Partner 1.058 9.013 -39,8% 1,2% 1,9% 1,9%
20 28 Chevrolet Agile 1.045 5.740 -27,7% 1,4% 1,9% 1,2%
21 26 Chevrolet Onix 959 6.001 -4,1% 1,0% 1,7% 1,2%
22 31 Chevrolet Prisma 784 5.431 -26,9% 1,3% 1,4% 1,1%
23 19 Renault Sandero 764 9.340 -65,7% 0,2% 1,4% 1,9%
24 24 Citroen C4 738 6.511 49,7% 0,8% 1,3% 1,4%
25 17 Renault Duster 733 10.191 -73,5% 1,3% 1,3% 2,1%
26 27 Fiat Strada 725 5.814 5,4% 1,5% 1,3% 1,2%
27 30 Volkswagen Fox 672 5.450 -51,1% 0,7% 1,2% 1,1%
28 40 Fiat Fiorino 667 3.702 -16,0% 0,2% 1,2% 0,8%
29 23 Volkswagen Voyage 665 6.552 -46,9% 0,7% 1,2% 1,4%
30 41 Renault Fluence 605 3.653 -6,5% 0,4% 1,1% 0,8%







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