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Argentina auto output, exports seen rising around 8% next year

BY Reuters | ECONOMIC | 12/18/24 07:30 PM EST

BUENOS AIRES, Dec 18 (Reuters) - Argentina's carmaking industry will likely see a production increase of about 8% in 2025, compared to output this year, while auto exports should grow by around the same level, data from the sector's ADEFA association showed on Wednesday.

ADEFA forecasts that domestic auto sales should reach about 500,000 units next year, or up by about 21% compared to sales this year.

The association estimates that domestic auto production will reach 545,000 units next year while exports will total 324,000 units. (Reporting by Eliana Raszewski; Editing by Stephen Coates)

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