Cars 0km. What models are included in the government's reduction plan?

With the sales of

cars

0 km falling to 51% so far this year, the government has opted to
an official discount plan for those who want to buy new vehicles. The initiative, which will be implemented in the month of June and includes bonuses of up to $ 90,000, includes models of 10 terminals that operate in the country, but not the most sold in the market.

According to the official list, there will be no discount for the purchase of the Toyota Hilux pickup, which during the first five months of the year
he reached 11,339 patents. The brand of Japanese origin will offer as part of this program a version of the Etios, Corolla and Innova, as well as four of its Yaris hatchback.

The second best-selling model in May, the Chevrolet Onix, if it is reached in the program with six versions. The General Motors brand has also added to the program several versions of the Prisma, Spin, Cruze and Tracker models, as well as a version of the Trailblazer truck.

The Ranger pickup is not included in Ford either. The program will reach Ka, Ka +, Fiesta, Focus (and Sedan) and Ecosport models.

In Volkswagen, the New Goal, a version of the Voyage, the Up, the Suran (which was no longer manufactured), the Polo, the Virtus, the Fox, the Vento, the Audi A1 and the Audi A3.

Mars, Versa, Note and Kicks are Nissan models, while the 208, 2008, 308, 408, Partner and 308 are Peugeot vehicles.

Citroën, meanwhile, owns several versions of the C3 and C4, as well as the Spacetourer and two of the Ds3, while Fiat has added the models Mobi, Arc, Cronos, 500 and Renegade.

The French Renault brand, meanwhile, includes Kwid, Logan, Sandero, Sandero Stepway, Kangoo, Duster, Captur and Koleos (a version).

Finally, the official initiative also concerns a version of the Honda Fit, two of the Honda Wr-v, two of the Honda Hr-v and a version of the Honda Civic.

The government's initiative aims to reactivate sales of a sector affected by the loss of purchasing power of families and rising interest rates, making funding plans more difficult. expensive.

According to President Mauricio Macri, confirmed yesterday, the discount program will be maintained in June for the purchase of cars to 0 km. Specifically, there will be $ 50,000 premiums for vehicles whose retail selling price (including taxes and fees) is less than $ 750,000 and $ 90,000 for the most expensive units.

The fiscal cost of this initiative will be about $ 1000 million. According to official information, in vehicles of less than $ 750,000, the government and industry will share the reductions equally, while among the highest-priced models, the contribution from the terminals will be higher, to increase sales in a market that has collapsed compared to 2018.

In addition, in the province of Buenos Aires and in the federal capital, the stamp tax will not be levied in these operations, an initiative that Casa Rosada seeks to extend to other districts.

For their part, government officials say the automotive terminals that took part in the initiative have pledged not to raise the prices of their vehicles in accordance with the program while the benefits are the rule.

The local market collapsed after the start of trade, end of April. After a first four-month period with a record of patents (76,554 units, according to the records of the Association of Dealers), sales have slowed and the sector has finished the year 2018 with an interannual decline of 11% (802,992 patents).

The negative context that continues in 2019 contrasts with the best moment of the previous year and leads to a very deep fall of the sector. According to Acara data, the patentamientos collapsed to 56% in May and recorded an annual decline of 51% in the first five months of the year.