Argentina’s auto production output in June reached 54,119 units, 6.3 percent up year-on-year, the nation’s automotive industry association, Adefa, said on Monday.
According to Adefa, auto production in June rose 17.7 percent, month-on-month, while exports declined 18 percent year-on-year, to 28,218 units. Despite the decrease in June compared to the same month of 2014, external sales of cars in the sixth month of the year rose 25.7 percent month-on-month.
Adefa said cars sales in June totaled 61,221 units, 15.2 percent up year-on-year, and 14.9 percent higher than May.
The nation’s automotive industry produced 270,273 units in the first half of the year, 12.4 percent less than in the same period of the year prior. Likewise, exports also diminished in the six-month period, reaching 132,306 units, 22.8 percent down, year-on-year.
Adefa’s president, Isela Costantini, welcomed the extended agreement Argentina and Brazil recently reached. The executive labeled Brazil as a “strategic partner” and said the deal also represents a challenge for the years to come in terms of generating a long-term, sustainable industrial policy for the two neighboring countries.