Argentina’s auto output down 10.5 percent in May from April

Friday, 17 June 2016 15:49:18 (GMT+3)   |   Istanbul
       

Argentina’s auto production output in May this year totaled 39,768 units, declining by 10.5 percent month on month and down 9.6 percent year on year, as announced by the country’s automotive industry association Adefa.
 
According to Adefa, in May Argentinian auto exports declined by 12.1 percent compared to the previous month and were down by 15.5 percent compared to May 2015 to 18,199 units. Meanwhile, car sales in the country in May totaled 60,360, increasing by 19.8 percent year on year and declining by 0.3 percent month on month. 
 
The nation’s automotive industry produced 182,383 units in the first five months of the year, 12.5 percent less than in the same period of the previous year. Likewise, exports also declined in the five-month period to 74,161 units, down 26.5 percent year on year.

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