September 30, 2014
Car sales plunge 25% in April
Car sales plunged 35 percent in April accumulating a 18 percent drop so far 2014, the Argentine Association of Car Dealers (ACARA) reported today.
A total of 52,901 vehicles were sold in April, 35 percent less than April, 2013.
Abel Bomrad, the president of ACARA, considered “the market is still showing a sharp fall, which confirms car dealers will have to quickly adapt to this new reality, very different from last year’s record.”