Car production collapsed and marked the worst record in 15 years

Car production collapsed and marked the worst record in 15 years

Vehicle production in September was 27,687 units, 10.2% less than August and 25.7% below the record for the same month last year, according to the Association of Automotive Manufacturers (ADEFA). ).

The sector exported 21,568 vehicles, 14.4% more compared to the previous month, and 7.6% less compared to the volume recorded in September 2018.

In wholesale sales (a figure that is usually associated with the patents of the following month), the sector sold 26,876 units to the network, a volume that was 29.3% below the previous month, and contracted 37% in its comparison with the performance of September last year.

In the cumulative period from January toSeptember, the sector produced a total of 241,330 units (cars and utility vehicles), which marked a drop of 34.9% compared to the 370,707 units that were produced in the same period of the previous year.

The production levels recorded at the moment show an even deeper drop than the terminals themselves estimated at the beginning of the year. Sector sources estimate that, at the end of December, production could be even lower than the 319,755 registered 14 years ago, in 2005.

The volume of vehicles exported during the ninth month amounted to 21,568 units, which showed an improvement of 14.4% compared to August. If the comparison is with the same month in 2018, the sector registered a drop of 7.6% in shipments.

In the first nine months of the year, 168,023 vehicles were exportedThat is, there was a decrease of 15.3% compared to the same period last year when 198,337 units were shipped to various markets.

In wholesale sales, the cumulative sales as of September show 291,219 units, that is, 48.3% less compared to the same period in 2018 in which 563,096 vehicles were sold.

The head of ADEFA, Luis Fernando Peláez Gamboa explained that “all links in the chain are working on an agenda with a common 10-year vision that allows us to preserve the activity in the face of current challenges and generate the necessary conditions to position ourselves. with greater strength in the face of decision-making in the region, compete on equal terms in the next assignments and get involved in the development of new technologies.”