Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Argentina

Autos Sector Faces Obstacles To Growth

November 2009 | BMI Industry View

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The government-sponsored low cost loan scheme (introduced in December) and the more recent 'Buy a Car 0 Km' plan introduced in May have failed to lift enthusiasm among car buyers in Argentina as the country's auto sales stood at only 355,844 units during 9M09, down 27.7% compared with the same period last year.