Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Argentina’s car production rose by 17.5pc to 24,308 cars on an annual basis in January according to the Argentine Association of Automotive Makers (Adefa). The country’s vehicle exports increased by 37.2pc to 11,924 cars from 8,691 units during the same period.


Of the total amount of cars shipped from Argentina, about 68.3pc were exported to Brazil, 8.4pc to Central America, 6.4pc to Colombia, 5.7pc to Chile, and 3.6pc to Mexico. Domestic sales climbed by 6.1pc to 27,303 cars in January, from 25,727 vehicles sold in the same month of the previous year.


According to Adefa, the South American country’s car production, exports, and sales rose on an annual basis last month due to higher demand as the industry began recovering from the effects of the COVID-19 pandemic.


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