0Km car purchase was stopped and there are already 18% of casualties

At the end of May, when the exchange rate and the sharp devaluation had already been activated, the entity comprising the car dealers (Acara) was still celebrating the maintenance of the growth rate. Thus, they predicted that the first half was meant to be a historical record. The reality is that the mark projected by the entity has been fulfilled. Despite reaching this record, now in the area the alarm lights have been lit, notes a note from iProfesional .

"The numbers confront us with the paradox that we finish the best first half of history, but with a falling market," Dante Álvarez president of the entity , giving out Know that in June the patentamientos collapsed by 18%, thus noting the first loss in two years. And the main factors of this collapse, identified by the entity itself, are linked to the dollar's surge and its impact on prices, given the strong dependence of the Argentine market for imported vehicles, considering that more half of the models sold in the country come from Brazil. Incidentally, the green ticket is also very strong and very strong in the price of imported components to produce cars in Argentina, since they have an average incidence of 70% on the final value of each vehicle. In addition, it has strongly affected uncertainty, which paralyzes buying decisions, in a context where half of the transactions are agreed with medium-term financing plans. Related to this, from Acara they warned that there was a "resounding fall" in bank financing. The middle clbad, the main protagonist of what had been a sales boom, decided to leave the 0Km market.

Just as in the first half, the voices in this branch of activity were repeated, which indicated that it was "the" moment to acquire a new vehicle, now this type of & # 39; Expression is visible by its absence.

It turns out that the relationship between incomes and prices of 0Km – which, according to a private study, had reached the lowest point since the exit of convertibility in 2018 – has become more unfavorable after the increases. In March, 10.6 average wages were needed to access a B-segment car, ie the category that includes compact and more economical models, such as the Volkswagen Gol, the Toyota Etios or the Chevrolet Onix. – and which is motorized, precisely, by the middle clbad.

However, after the nearly 10% jump recorded by the 0Km in May and the increase recorded in June, not less than 5%, the vehicles began to move away again from buyers. Based on these adjustments, it is estimated that of these variations and exactly 12 average wages are needed to climb to one unit, a level still higher than the estimate for 2017, when the ratio was 11.1 income.