History: in April there was no production of vehicles in Argentina

The Association of Automotive Factories (Adefa) reported this Wednesday that, during April of this year, there was no production of vehicles in Argentina.

In total, the sector exported 2,386 vehicles, that is, 82.9% less compared to the previous month, and 88.4% below the volume that was recorded in April 2019.

In the accumulated index of the first four months, exports registered a 37% drop.

In wholesale sales, the automotive sector sold 7,512 units to the dealer network, a volume that was 60.3% below the performance of the previous month, and contracted 73.6% in comparison with April of last year. In the accumulated January-April, 35.3% decreased sales.

“As is publicly known and in compliance with the rules of Preventive and Mandatory Social Isolation (ASPO) as a result of the Covid-19 pandemic, automotive terminals have kept their productive activity paralyzed since last March 20,” said Adefa.

Exports

In the case of exports, the sector sent 2,386 units mainly to markets in the region.

These units correspond to remaining units produced prior to the establishment of ASPO and were exported towards the end of April when the quarantine was relaxed and they were enabled to activities related to foreign trade. The same behavior, marginal in volume, was registered in the wholesale sales section.

“In this context of responsibility and commitment, the terminals grouped in ADEFA carried out concrete actions to collaborate with the national government, various provinces and organizations such as loans for fleet vehicles, manufacture of face masks, and various donations, among other initiatives,” says the press release.

Attentive to the affectation of the operations of the industry, the president of ADEFA, Gabriel López, indicated the commitment assumed by the sector and stressed the need to continue working with the Government in the search for measures to ensure the sustainability of companies throughout the value chain in financial, tax and labor matters.