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July 5, 2024
The automotive sector once again had an outstanding performance among the different sectors of the economy despite the adverse local macroeconomic context that led to a significant increase in commercial debt with its headquarters. We expect 2024 to be a year with mixed results.
February 12, 2024
The automotive sector once again had an outstanding performance among the different sectors of the economy despite the adverse local macroeconomic context that led to a significant increase in commercial debt with its headquarters. We expect 2024 to be a year with mixed results.
May 21, 2020
The health crisis is causing an unprecedented collapse in consumption. Spending on durable goods loses in three months what it has regained in seven years. The decline in vehicle purchase intentions anticipates a significant contraction in demand in 2020, which will rebound in 2021.
January 31, 2020
New vehicle sales were 16.9 million in 2019, 1.7% less than in 2018. Although still solid, 2019 sales were the lowest since 2014. We expect new car sales to slow down further in 2020, due to slower economic growth and less affordable vehicles.
January 29, 2020
The automotive market was unable to recover from the sharp fall in 2018 due to the exchange and financial tensions that occurred during 2019, the loss of purchasing power and a significantly astringent monetary policy.
July 25, 2019
New vehicle sales are projected to decelerate as economic growth slows down. Lower interest rates could provide some relief for dealers. A robust supply of “off-leasing” vehicles will continue to put downward pressures on demand for new vehicles.
