Overview
- Official ACARA figures show Argentina’s new‑car registrations dropped about 30% year‑on‑year in July 2026 to roughly 43,758 units, leaving the January–July total down about 12.8% versus 2025.
- Argentina’s used‑car market also cooled in July 2026 with transfers down about 12.6%, and dealers say sellers’ price expectations have not adjusted to heavy new‑car promotions.
- Imported marques reached a 12.5% share of Argentine patentamientos in July 2026, led by Chinese makes such as BYD and BAIC, which are also driving rapid growth in hybrids and BEVs that reached roughly 15% of registrations.
- Spain and Mexico reported July gains: Spain had about 101,949 registrations with electrified models near 25% of the month’s sales, and Mexico rose 3.4% in July with a January–July total of 885,349 units, where Chinese brands posted the largest percentage increases.
- Industry actors say the short‑term effects include tougher pricing and tighter dealer margins from aggressive financing and promotions, and the likely medium‑term effects are calls for fiscal support and more charging infrastructure to sustain electrified demand.