Argentina new cars sales boomed in November. Renault shines.

Argentina new cars sales

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 NovRank 2015BrandNovYTD NovVar NovVar 2015Nov2015
11Volkswagen8.800111.0237,0%4,7%18,1%19,0%
24Renault6.88271.948116,0%-10,7%14,1%12,3%
33Chevrolet6.76180.42449,7%1,3%13,9%13,8%
42Ford6.26286.1677,2%-1,4%12,9%14,8%
55Fiat5.32367.10956,4%-18,1%10,9%11,5%
66Toyota5.06361.62118,0%-0,5%10,4%10,6%
77Peugeot4.24648.44412,9%-28,5%8,7%8,3%
88Citroen1.95020.60648,9%-24,6%4,0%3,5%
910Mercedes9796.815113,3%30,7%2,0%1,2%
109Nissan6686.98149,1%28,3%1,4%1,2%
1113Iveco6003.225214,1%54,7%1,2%0,6%
1211Honda2975.383-33,3%-37,5%0,6%0,9%
1312Chery2494.667-7,4%32,0%0,5%0,8%
1414Kia1371.99729,2%51,2%0,3%0,3%
1516Audi1011.66562,9%53,3%0,2%0,3%
1617Ram851.348-20,6%3,1%0,2%0,2%
1715Hyundai721.695-44,6%1,8%0,1%0,3%
1822Volvo6717135,7%0,1%0,0%
1918Mitsubishi345140,0%27,9%0,1%0,1%
2019BMW3239477,8%-29,8%0,1%0,1%
2120Alfa Romeo2231846,7%102,5%0,0%0,1%
2221Jeep19299-47,2%-55,4%0,0%0,1%
2327Dodge1060-41,2%-85,9%0,0%0,0%
2431Suzuki920-84,3%0,0%0,0%
2528Land Rover75340,0%-54,3%0,0%0,0%
2526Dongfeng7630,0%0,0%
2523Smart7146-46,2%-30,5%0,0%0,0%
2624Mini680-50,0%-50,6%0,0%0,0%
2725Subaru3750,0%8,7%0,0%0,0%
2829Porsche243-60,0%-17,3%0,0%0,0%
Rank NovRank 2015GroupNovYTD NovVar NovVar 2015Nov2015
11Volkswagen8.903112.7317,4%5,1%18,3%19,3%
24Renault-Nissan7.55078.929107,8%-8,2%15,5%13,5%
33General Motors6.76180.42449,7%1,3%13,9%13,8%
42Ford6.26286.1677,2%-1,4%12,9%14,8%
56PSA6.19669.05022,2%-27,4%12,7%11,8%
65FCA6.05972.38260,5%-16,5%12,4%12,4%
77Toyota5.06361.62118,0%-0,5%10,4%10,6%
88Mercedes Daimler9866.961108,9%28,3%2,0%1,2%
99Honda2975.383-33,3%-37,5%0,6%0,9%
1010Chery Automobile2494.667-7,4%32,0%0,5%0,8%
Rank NovRank 2015ModelNov2015Var NovVar 2015Nov %2015 %
11Volkswagen Gol2.19327.942-6,4%-14,2%4,5%5,1%
22Chevrolet Classic2.02125.53316,7%6,7%4,1%4,7%
310Volkswagen Amarok1.90517.26455,6%10,4%3,9%3,2%
43Toyota Hilux1.89225.042-5,3%-4,5%3,9%4,6%
58Toyota Etios1.86118.86545,5%-3,0%3,8%3,5%
64Fiat Palio1.83922.48750,9%-12,3%3,8%4,1%
712Volkswagen Suran1.75916.65250,1%-15,0%3,6%3,1%
813Renault Kangoo1.66516.06169,2%6,6%3,4%3,0%
97Ford Focus1.66419.00855,4%-0,5%3,4%3,5%
1015Peugeot 2081.57114.97325,5%-25,0%3,2%2,8%
116Ford Ecosport1.52221.520-14,8%-11,0%3,1%4,0%
129Renault Clio1.51618.26637,3%-27,7%3,1%3,4%
1311Fiat Siena1.41017.2491136,8%-11,3%2,9%3,2%
1414Ford Ranger1.36115.86925,7%2,0%2,8%2,9%
155Ford Fiesta1.27122.345-25,2%-6,3%2,6%4,1%
1616Toyota Corolla1.24714.40041,2%0,8%2,5%2,6%
1721Renault Sandero1.1979.092692,7%-14,4%2,4%1,7%
1820Renault Duster1.0369.425128,2%-22,5%2,1%1,7%
1918Peugeot 30893310.08349,0%-30,1%1,9%1,9%
2019Chevrolet Onix7869.544238,8%31,4%1,6%1,8%
2122Peugeot Partner7568.893-1,0%-27,5%1,5%1,6%
2227Chevrolet Spin7496.556142,4%21,7%1,5%1,2%
2330Chevrolet Tracker6875.729109,5%25,3%1,4%1,1%
2428Chevrolet Agile6456.45817,7%-18,4%1,3%1,2%
2534Renault Logan6184.951419,3%-36,5%1,3%0,9%
2633Citroen C36154.96234,9%-47,3%1,3%0,9%
2717Volkswagen Up!60411.776-35,7%171,5%1,2%2,2%
2841Citroen C45833.97861,9%-56,3%1,2%0,7%
2936Fiat Fiorino5664.773149,3%-25,9%1,2%0,9%
3043Volkswagen Golf5623.711#DIV/0!#DIV/0!1,1%0,7%
3131Fiat Strada5135.236142,0%-24,9%1,0%1,0%
3229Peugeot 2075086.385-13,9%-43,9%1,0%1,2%
3335Citroen Berlingo5004.896163,2%21,5%1,0%0,9%
3432Volkswagen Vento4985.026155,4%-2,1%1,0%0,9%
3540Renault Fluence4954.425196,4%-22,6%1,0%0,8%
3623Chevrolet Prisma4817.757120,6%19,0%1,0%1,4%
3754Honda City4771.52855,9%-50,8%1,0%0,3%
3838Chevrolet S104704.62478,0%-3,4%1,0%0,8%
3939Peugeot 4084184.54640,3%-24,1%0,9%0,8%
4037Mercedes Sprinter4174.66510,0%26,1%0,9%0,9%

 

 

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