Brazilian Demand Helps Strong Autos Rebound, But Risks Could Limit Growth

Autos production in Argentina is set to achieve record levels this year, according to the Argentine Automobile Manufacturers Association (ADEFA). The optimism comes on the back of growth of almost 39% year-on-year (y-o-y) in Argentine's autos exports in June, while carmakers stepped up production by an impressive 46.6% y-o-y, to 65,256 units, during the same month. BMI points out that growth in Argentina's autos production in H110 was helped by two main factors.

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