Private Report: New car sales soar 43% in June in Argentina

E-mail Print PDF
User Rating: / 1
PoorBest 
articlenopicThe Association of Argentine Car Dealers (ACARA) reported the number of new cars sold through financing reached 19,173 units in June, which represents a 43 percent increase compared with the same month last year (13,369 vehicles). Also, the number of new cars sold through financing climbed 10 percent on-month, ACARA informed.

The accumulated number of new cars sold through financing totals 112,209 units in the first semester of the year, a 54 percent up compared to the same period last year (72,884 vehicles).

According to the President of ACARA, Dante Álvarez, "there is an improvement in the consumers' perspective regarding the domestic economy, which also affects the decisions related to car loan applications. People consider they will be able to afford monthly instalment payments for an extended period of time."

Source: http://www.ambito.com/noticia.asp?id=532925

Add comment

If you want to post a comment without delay and the captcha (puzzle code), then please register using the top right menu.


Security code
Refresh