Argentina Vehicles Industry in 2015 fell down again.

Argentina Vehicles Industry in 2015 Volkswagen-Scirocco_GTS_2016

Argentina Vehicles Industry in 2015 down 6% albeit the relevant recovery reported in the fourth quarter, immediately after the political election and the announcement of new economic policy.

Economic Environment

Mauricio Macri, who triumphed in December’s presidential elections, is quickly moving forward with reform implementation, thus fueling expectations of an economic turnaround. Last month, the new government scrapped export taxes and devalued the currency amid depleting foreign reserves.

While the tax reforms and the weaker peso are expected to benefit the country’s exports, the depreciation of the currency will likely fuel inflation, which is already in the double-digits. Moreover, Macri’s government hopes to seal a deal with the U.S. hedge funds over the defaulted debt as soon as this month.

A successful deal would give Argentina much-needed access to international capital markets. Recent data show that consumers were less confident in December as the consumer confidence index dropped to a three-month low, likely reflecting concerns of higher expected inflation.

Market Outlook

Q4 2014 market performed a +18% showing a robust change in the trend and mirroring a renovated hope expressed by Argentina’s citizens approaching and following the fundamental political election that in December signed the end of the Kirkner family era.

Therefore the 2015 was the worse out of the last sixth years and according to data released by the ACARA and the ADEFA, the Argentinian Associations of car manufacturers and dealers, the new light passengers vehicles market ended the year at quota 613.604 units, down 62% from the previous.

Perspectives for the 2016 are moderately positive with market expected to start a period of recovery. However, this has been one of the most in stable and unpredictable market in the recent years and surprises can arrive any day.

On top of the list, Volkswagen improved sales during the year with final figures at 115.842 (+3.5%) followed by Ford with 90.204 (-1.5%), Chevrolet with 86.143 (+4.0%), Renault with 77.380 (-8.1%).

The great loser was the Italian Fiat, down 2 spots with 70.135 units (-17.1%) together with PSA group brands, with Peugeot down and Citroen 23.1%.

Among premium brands, very well Audi (+48.5%) and Mercedes (+18.1%). Down BMW (-25.6%) and Jeep (-55.%).

The Volkswagen Gol confirmed the supremacy among models with 30.722 sales (-10.4%) followed by Chevrolet Classic at 28.741 (+13.3%), Toyota Hilux at 27.515 (-0.4%), Ford Fiesta at 25.131 (-0.1%), Fiat Palio at 24.690 (7.2%), Ford Ecosport with 23.970 (-5.3%) and Renault Clio at 21.682 (-20.4%).

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 2015 Rank 2014 Brand 2015 2014 2015 Var Share 2015
1 1 Volkswagen 115.842 111.950 3,5% 18,9%
2 2 Ford 90.204 91.558 -1,5% 14,7%
3 5 Chevrolet 86.143 82.808 4,0% 14,0%
4 4 Renault 77.380 84.183 -8,1% 12,6%
5 3 Fiat 70.135 84.605 -17,1% 11,4%
6 7 Toyota 65.320 64.568 1,2% 10,6%
7 6 Peugeot 50.812 70.067 -27,5% 8,3%
8 8 Citroen 21.669 28.164 -23,1% 3,5%
9 10 Nissan 7.438 5.911 25,8% 1,2%
10 11 Mercedes 6.481 5.488 18,1% 1,1%
11 9 Honda 5.588 8.946 -37,5% 0,9%
12 12 Chery 4.872 3.775 29,1% 0,8%
13 13 Iveco 2.555 2.273 12,4% 0,4%
14 15 Kia 2.046 1.401 46,0% 0,3%
15 14 Hyundai 1.726 1.773 -2,7% 0,3%
16 17 Audi 1.723 1.160 48,5% 0,3%
17 16 Ram 1.411 1.373 2,8% 0,2%
18 21 Mitsubishi 535 417 28,3% 0,1%
19 19 BMW 436 586 -25,6% 0,1%
20 24 Alfa Romeo 346 168 106,0% 0,1%
21 18 Jeep 318 707 -55,0% 0,1%
22 22 Smart 153 216 -29,2% 0,0%
23 23 Mini 90 174 -48,3% 0,0%
24 28 Subaru 84 70 20,0% 0,0%
25 20 Dodge 67 445 -84,9% 0,0%
26 27 Land Rover 60 124 -51,6% 0,0%
27 30 Porsche 49 52 -5,8% 0,0%
28 25 Suzuki 39 133 -70,7% 0,0%
29 26 Volvo 36 129 -72,1% 0,0%
30 29 Chrysler 29 63 -54,0% 0,0%
31 31 SsangYong 5 7 -28,6% 0,0%
32 32 Jaguar 4 5 -20,0% 0,0%
33 33 Lifan 3 #DIV/0! 0,0%
33 31 Ferrari 3 7 -57,1% 0,0%
34 33 Lexus 2 #DIV/0! 0,0%

Rank Dec Rank 2015 Group Dec 2015 Var 2015 Var Dec % 2015 %
3 1 Volkswagen 4.678 117.614 -21,3% 3,9% 15,5% 19,2%
4 2 Ford 4.413 90.204 6,5% -1,5% 14,6% 14,7%
1 3 General Motors 5.216 86.143 53,4% 4,0% 17,3% 14,0%
2 4 Renault-Nissan 5.213 84.818 26,8% -5,9% 17,3% 13,8%
7 5 FCA 2.968 74.864 0,7% -16,5% 9,8% 12,2%
6 6 PSA 3.193 72.481 2,1% -26,2% 10,6% 11,8%
5 7 Toyota 3.432 65.322 30,5% 1,2% 11,4% 10,6%
8 8 Mercedes Daimler 570 6.634 105,0% 16,3% 1,9% 1,1%
10 9 Honda 191 5.588 -41,6% -37,5% 0,6% 0,9%
9 10 Chery Automobile 198 4.872 -17,2% 29,1% 0,7% 0,8%

Rank Dec Rank 2015 Model Sales Dec Sales 2015 Dec Var 2015 Var Share Dec Share 2015
6 1 Volkswagen Gol 1.372 30.722 -20,4% -10,4% 4,5% 5,0%
9 2 Chevrolet Classic 800 28.741 -44,9% 13,3% 2,6% 4,7%
1 3 Toyota Hilux 2.473 27.515 75,4% -0,4% 8,2% 4,5%
32 4 Ford Fiesta 227 25.131 -82,6% -0,1% 0,8% 4,1%
45 5 Fiat Palio 100 24.690 -90,7% 7,2% 0,3% 4,0%
12 6 Ford Ecosport 630 23.970 -44,8% -5,3% 2,1% 3,9%
18 7 Renault Clio 450 21.682 -77,2% -20,4% 1,5% 3,5%
16 8 Ford Focus 550 21.263 -38,5% 6,3% 1,8% 3,5%
2 9 Toyota Etios 1.993 20.858 190,1% 3,6% 6,6% 3,4%
3 10 Volkswagen Amarok 1.891 19.155 118,1% 16,0% 6,3% 3,1%
4 11 Fiat Siena 1.703 18.952 159,6% -5,8% 5,6% 3,1%
31 12 Renault Kangoo 230 18.726 -83,6% 13,7% 0,8% 3,1%
21 13 Ford Ranger 405 18.134 -58,4% 9,7% 1,3% 3,0%
5 14 Volkswagen Suran 1.409 18.061 28,8% -12,7% 4,7% 2,9%
26 15 Peugeot 208 320 16.437 -57,2% -20,6% 1,1% 2,7%
5 16 Toyota Corolla 1.409 15.809 201,7% 7,1% 4,7% 2,6%
18 17 Renault Sandero 450 12.726 -69,6% -41,1% 1,5% 2,1%
7 18 Volkswagen Up! 929 12.705 45,6% 155,3% 3,1% 2,1%
34 19 Renault Duster 220 11.152 -45,9% -11,2% 0,7% 1,8%
10 20 Chevrolet Onix 720 11.111 217,2% 48,4% 2,4% 1,8%
30 21 Peugeot 308 240 11.030 -49,2% -25,9% 0,8% 1,8%
20 22 Peugeot Partner 420 9.843 0,0% -22,4% 1,4% 1,6%
22 23 Chevrolet Prisma 350 8.870 76,8% 32,0% 1,2% 1,4%
11 24 Volkswagen Voyage 658 8.362 6,5% -17,6% 2,2% 1,4%
24 25 Volkswagen Fox 329 7.757 11,1% -10,5% 1,1% 1,3%
14 26 Volkswagen Saveiro 587 7.574 58,6% 11,1% 1,9% 1,2%
26 27 Chevrolet Spin 320 7.499 5,3% 31,8% 1,1% 1,2%
8 28 Chevrolet Agile 841 7.299 124,3% -11,9% 2,8% 1,2%
34 29 Peugeot 207 220 7.016 -29,3% -40,0% 0,7% 1,1%
43 30 Citroen C3 125 6.523 -61,9% -33,0% 0,4% 1,1%
39 31 Chevrolet Tracker 145 6.305 -27,1% 32,2% 0,5% 1,0%
56 32 Citroen C4 Lounge 50 6.072 -93,6% -34,8% 0,2% 1,0%
36 33 Fiat Strada 210 5.750 40,9% -19,3% 0,7% 0,9%
34 34 Fiat Fiorino 220 5.569 340,0% 13,9% 0,7% 0,9%
13 35 Renault Logan 616 5.567 38,7% -32,4% 2,0% 0,9%
17 36 Volkswagen Vento 535 5.561 469,1% 6,4% 1,8% 0,9%
15 37 Citroen Berlingo 559 5.455 -47,5% 7,1% 1,8% 0,9%
23 38 Chevrolet S10 330 5.300 175,0% 8,0% 1,1% 0,9%
44 39 Mercedes Sprinter 120 5.172 -46,9% 31,8% 0,4% 0,8%
44 40 Peugeot 408 120 4.983 -47,4% -19,8% 0,4% 0,8%

 

 

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