The second semester started well. Although the market for 0 km cars is still well below 2023, registrations in July had a marked increase compared to June, making it the best month of the year.
The Association of Automotive Dealers of the Argentine Republic (ACARA) reported that last month they were patented 42,892 vehicleswhich represents a growth of 38.8% compared to the 30,906 units registered during June.
Despite this recovery, the year-on-year comparison showed a drop of 2.8% compared to the 44,117 units that had been registered in July 2023.
The three causes of this recovery are the dollar gap, which in many cases allows the purchase to be more convenient; and the various financing proposals from automotive companies, many at a 0% rate; and the unit availability after the import blockade was lifted.
From the sector they celebrated this result and are optimistic for the remainder of the year. The president of ACARA, Sebastián Beato, said that “this semester we will have a normalization of the market, with more logical values, with a broader offer from the factories and financing available for those who need it.”
“Another very important issue is the announcement that before the end of the year the total PAIS tax would be removed, a tax that today has a full impact on the price. This is the other leg that we need to think about a recovery scenario towards 2025 , that of a State adopting measures that encourage economic activity” Beato concluded.
Up with the pickups
The July results had the particularity that two trucks occupied the sales podium.
Toyota Hilux It was the best-selling vehicle third consecutive month and sits at the top of its segment. The truck manufactured in Zárate managed to patent 3,441 unitsadding a cumulative total of 15,418 in 2024 (third in the general ranking).
He Peugeot 208, whose renewal has just been launched on sale, took second place with 3,185 patented units. In this way, the national hatchback remains the second best-selling model in Argentina (17,610 total sales) and continues to close the gap on the leader. Fiat Cronos (18,736), which finished fourth in July with 2,826 units sold.
The surprise came Ford Ranger, which with 2,843 patents was on the podium for the second time this year (the first had been in February). The pickup manufactured in General Pacheco is the second best-selling in its segment and the fourth best-selling model on the market.
Six of the 10 best-selling models in July are manufactured in the country, although the one that grew the most compared to June was the Volkswagen Polo (Brazil) with 72.6%.
Toyota It was once again the brand that sold the most and confirms its leadership in the Argentine market (47,440 units). The Japanese brand managed to market 9,568 vehicles and had four models within the Top 10: Hilux, Yaris, Corolla Cross and Corolla.
Volkswagen finished in second place (6,999 patents), maintaining the same position in the general table (33,173). The German brand had three models in the Top 10 (Taos, Amarok, Polo). Ford It completed the podium with 4,241 sales, placing fifth (19,917) in the accumulated ranking behind Fiat (26,446) and Peugeot (19,974).
The 10 best-selling models of July
- Toyota Hilux: 3.441
- Peugeot 208: 3.185
- Ford Ranger: 2.843
- Fiat Cronos: 2,826
- Toyota Yaris: 2.136
- Volkswagen Taos: 1.933
- Toyota Corolla Cross: 1.772
- Volkswagen Polo: 1,679
- Volkswagen Amarok: 1,481
- Toyota Corolla: 1,235