Over the 2014-2016 period, the automotive industry of Argentina experienced a sharp drop in production and sales, after a robust expansion between 2003 and 2013. Several factors contributed to this downward trend: the contraction of the domestic economy; a severe decline in demand for vehicles in Brazil – Argentina’s main trading partner, combined with Brazil’s high share in the country’s vehicle exports; and the fact that a heavy tax burden and relatively high production costs makes the Argentine automotive industry uncompetitive internationally. However, economic recovery in 2017, coupled with improved business confidence stemming from the liberalisation measures of President Macri’s administration, has encouraged foreign companies to announce several investment projects to increase domestic production capacity, mainly for light commercial vehicles (LCVs).

01 EXECUTIVE SUMMARY

02 SECTOR IN FOCUS

03 COMPETITIVE LANDSCAPE

04 COMPANIES IN FOCUS

05 REGULATORY ENVIRONMENT

06 LIGHT VEHICLES

07 HEAVY VEHICLES