Argentina New Vehicles Market up 19% in April 2016

Argentina new vehicles market

Argentina New Vehicles Market is recovering pushed by Macri’s aggressive reform and following the last years collapse. In April sales volume improved by 19% with Toyota Hilux best-selling model.

Market Outlook

Argentina officially exited default in late April following the payment of USD 9.3 billion to holdout bondholders. The payment was carried out after the government managed to successfully finalize the sale of USD 16.5 billion in bonds. The settlement with the holdouts also paved the way for the government to pay the holders of restructured bonds.

Following the end of the holdout saga, the country’s debt rating was upgraded by the three important rating agencies. While the return to credit markets marks a milestone for Argentina, Mauricio Macri’s aggressive reform drive is triggering massive discontent at home.

During the first four months period the Argentina’s domestic car market has reported a growing trend of sales percentage, reaching its peak in April, with the third month in a row of double-digit increase, after the negative performance recorded in January. Throughout 2015 the Argentine market has sold more than 60,000 units on two occasions, the figure registered in April left the hope to reach soon that result.

According to data released by the ACARA and the ADEFA, the Argentinian Associations of car manufacturers and dealers, in April the vehicles sold had been 59.550, up a solid 19.2%, for a total of 261.351 units (+7.2%) registered year to date.

Competitive Arena

In April, Volkswagen was the best performer reporting 10.162 vehicles sold (-1.2%) followed by Chevrolet with 7.912 (+9.3%), Ford with 7.649 (+1.4%), Renault with 7.560 (+44.0%) and Toyota with 7.090 units (+27.7%). Great performances posted by Peugeot with 5.712 sales (+52.8%) and Mercedes with 818 (+85.9%).

Volkswagen led the performance by group with market share at 17.6% ahead of Renault-Nissan with 14.2%, PSA with 13.7%, General Motors with 13.5% and Ford with 13.1%.

The Toyota Hilux was the new best-selling model with 3.135 sales (+14.7%) followed by the Chevrolet Classic with 2.728 (+25.0%) the Volkswagen Gol with 2.583 (+0.8%). The Fiat Palio was fourth with 2.283 units (+7.6%) ahead of Renault Clio with 2.142 (-18.2%).

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 AprRank 2016BrandSales AprSales YTDApr VarYTD VarApr %YTD %
11Volkswagen10.16236.958-1,2%-6,6%17,1%17,1%
22Chevrolet7.91233.6749,3%19,9%13,3%15,6%
33Ford7.64928.0321,4%-7,0%12,8%13,0%
46Renault7.56022.85244,0%13,2%12,7%10,6%
54Toyota7.09025.48327,7%23,7%11,9%11,8%
65Fiat5.90424.43510,7%3,2%9,9%11,3%
77Peugeot5.71220.05052,8%1,4%9,6%9,3%
88Citroen2.3248.12927,4%12,7%3,9%3,8%
914Mercedes8183.59185,9%83,9%1,4%1,7%
109Honda7813.33734,2%72,5%1,3%1,5%
1110Nissan7552.90228,4%17,3%1,3%1,3%
1211Jeep4035381085,3%301,5%0,7%0,2%
1316Iveco3021.66116,2%116,3%0,5%0,8%
1412Chery2991.137-37,6%-44,5%0,5%0,5%
1513Kia168445-22,6%-38,9%0,3%0,2%
1617Audi136565-26,1%-12,0%0,2%0,3%
1715BMW105268191,7%143,6%0,2%0,1%
1819Hyundai79225-44,4%-66,1%0,1%0,1%
1920Ram70306-41,7%-43,1%0,1%0,1%
2018Volvo591972850,0%1058,8%0,1%0,1%
Rank AprRank 2016GroupSales AprSales YTDApr VarYTD VarApr %YTD %
11Volkswagen10.30037.535-1,6%-6,7%17,6%17,4%
26Renault-Nissan8.31525.75442,4%13,7%14,2%12,0%
33PSA8.03628.17944,5%4,4%13,7%13,1%
42General Motors7.91233.6749,3%19,9%13,5%15,6%
54Ford7.64928.0321,4%-7,0%13,1%13,0%
67Toyota7.09025.48327,7%23,7%12,1%11,8%
75FCA6.65326.75917,4%8,2%11,4%12,4%
88Mercedes Daimler8193.59280,0%77,7%1,4%1,7%
99Honda7813.33734,2%72,5%1,3%1,6%
1010Chery Automobile2991.137-37,6%-44,5%0,5%0,5%
1111Hyundai-Kia247670-31,2%-51,8%0,4%0,3%
1212BMW127320217,5%125,4%0,2%0,1%
1313Geely Group591972850,0%1058,8%0,1%0,1%
1414Mitsubishi39129-11,4%-29,1%0,1%0,1%
1515Fuji Heavy Industries2053900,0%120,8%0,0%0,0%
Rank AprRank YTDModelSales AprSales YTDApr VarYTD VarApr %YTD %
12Toyota Hilux3.1359.73014,7%28,4%5,6%4,9%
21Chevrolet Classic2.72810.65825,0%22,6%4,9%5,4%
34Volkswagen Gol2.5839.5080,8%-2,5%4,6%4,8%
43Fiat Palio2.2839.6017,6%-0,7%4,1%4,9%
56Renault Clio2.1426.794-18,2%26,4%3,8%3,4%
65Toyota Etios2.0897.85637,9%34,6%3,8%4,0%
79Volkswagen Amarok2.0666.42219,2%74,2%3,7%3,3%
87Ford Focus1.9636.590-2,8%4,0%3,5%3,3%
910Peugeot 2081.6416.245-6,1%-8,6%2,9%3,2%
1017Renault Kangoo1.5354.223-42,1%18,3%2,8%2,1%
1112Ford Ecosport1.5166.130-21,6%-23,4%2,7%3,1%
1211Toyota Corolla1.4976.16531,5%22,7%2,7%3,1%
1313Ford Fiesta1.4395.761-29,6%-34,6%2,6%2,9%
1416Ford Ranger1.3304.508-22,0%-29,0%2,4%2,3%
158Fiat Siena1.3266.4631,1%-17,1%2,4%3,3%
1615Volkswagen Suran1.3074.895-12,2%-14,8%2,3%2,5%
1731Renault Sandero1.0712.1445,9%107,6%1,9%1,1%
1821Volkswagen Up!1.0653.137-5,8%1,7%1,9%1,6%
1918Peugeot 3081.0314.111-11,5%-6,6%1,9%2,1%
2042Ford KA9621.30212920,0%48000,0%1,7%0,7%

 

 

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