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Argentine Carmakers Tell Caputo Output Will Hold Steady as Imports Lift Sales

Automakers urged export relief following a policy-driven jump in imports that is expanding the domestic market.

Overview

  • Adefa leaders met Economy Minister Luis Caputo, with new president Rodrigo Pérez Graziano outlining priorities and a coordinated agenda into 2026.
  • Industry executives said 2025 production will finish near 2024’s level of about 506,000 vehicles, while the domestic market is projected to grow roughly 50%.
  • Indec data show auto imports jumped 69.2% year over year in October, reflecting a government quota that temporarily exempts electrified models from the 35% extrazone tariff.
  • Automakers praised Resolution 1834 for speeding and dollarizing VAT-credit refunds and noted a recent U.S. agreement as adding predictability for investment and planning.
  • Exports fell 10.3% in the first ten months, prompting requests for tax relief and clear rules as Chinese brands intensify competition; separately, autoparts supplier Dana closed its San Luis plant, cutting 50 jobs.