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Argentina’s auto production, exports, and sales dropped on an annual basis in August on the continued effects of the COVID-19 pandemic according to the Argentine Association of Automotive Makers (Adefa).


The country’s car production fell by 16.2pc to 25,835 vehicles in August from 30,815 units produced in the same month last year, while vehicle sales declined by 25.4pc to 28,346 cars from 38,021 cars sold during the same period under review, Adefa noted.


Auto exports dropped by 27.8pc to 13,606 cars from 18,856 units shipped in the same prior-year period. According to Adefa data, of the total number of cars shipped, about 65.5pc were exported to Brazil, 9.4pc to Central America, 6.1pc to Colombia, 5.7pc to Peru, and 5.2pc to Chile.


On September 1, the Argentinian government and the country’s automotive industry agreed to produce 250,000 cars by the end of this year, a target that exceeds the scheduled production by 20,000 vehicles, Adefa indicated.


The Argentine automotive industry restarted operations on May 28 after suspending them for more than two months amid the COVID-19 induced lockdown.

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