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Wednesday, 20 November 2013

Argentina Autos Report Q1 2014:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
 
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Argentina Autos Report Q1 2014
Nov 20th 2013, 00:00, by vyankatesh

In the first nine months of 2013, vehicle sales in Argentina increased 19.0% y-o-y, to 718,318 units. The market has registered sharp increases over the past few months, in line with recent improvements in broader measures of private consumption. Further, currency effects have played a large part in this strong year-todate growth in autos sales. On the back of strong sales over the year to date, we forecast a 17% increase in vehicle sales. We caution, however, that such growth may prove to be unsustainable in the longer term, and there are considerable downside risks to our forecast. Despite this …

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