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06 Jun

Argentina’s car production, exports remain weak in May

The Argentinian automotive sector saw output fall month-on-month in May, Kallanish notes. Activity, however, remained higher on-year. According to the latest report by local automotive producers' organisation Asociación de Fábricas de Automotores (Adefa), May production decreased 2.1% over the previous month but was 14.8% higher on-year at 53,282 vehicles. Five-month production soared 24% or by 46,949 units versus January-May 2022 to 24…
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