Argentina Car/LCV Sales: 2026 (Jan-Aug)

Registrations were down 19% in August and down 13% YTD. Toyota has led since 2021, when it took over from VW. They both have taken a hit in their market share as has Renault and Jeep. 

Import duty on fully built up vehicle has given local manufacturers protection. It's complicated. Vehicles imported from MERCOSUR  nations (Brazil, Paraguay, Uruguay, and Bolivia) are tariff free. Mexico (quota-based) and Ecuador have reduced or zero tariffs on light vehicles. 

Up to 50,000 units of electric and hybrid vehicles can be imported tariff free annually. This especially benefits vehicles from China but how the 50k limit is applied if reached I'm unsure. It could explain why the top brands have reduced market share. 

Data source: ACARA. Photo: VW (Amarok).