Industry Report September 2019

In September the domestic production of vehicles was 27,687 units, 10.2% less than in August and 25.7% below the record of the same month last year.

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

In wholesale sales, the sector marketed 26,876 units to the network, a volume that stood at 29.3% below the previous month and contracted by 37% compared to the performance of September last year.

With 21 working days of activity, the automotive terminals associated to ADEFA produced 27,687 units in September, 10.2% below the volume recorded the previous August and 25.7% less than the 37,267 units which were produced in the same month last year.

Accumulated from January to September, the sector produced a total of 241,330 units (cars and utility vehicles), which marked a 34.9% fall compared to the 370,707 units produced in the same period of the previous year.

The volume of vehicles exported during the ninth month increased to 21,568 units, reflecting an improvement of 14.4% in its comparison with August. If the comparison is with the same month of 2018, the sector recorded a 7.6% drop in shipments.

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

Continuing with the data recorded in September, the sector marketed 26,876 units to its dealer network, 29.3% less than in August and a 37% drop in its comparison to the same month last year.

Thus, the accumulated for the first nine months reflects that wholesale sale (dealers) posted 291,219 units, that is 48.3% less than the same period in 2018 in which 563,096 vehicles were marketed.

Analyzing the present of the sector, the president of ADEFA, Luis Fernando Peláez Gamboa stressed the importance of continuing working together with the value chain. A task that has already set out the main objectives.

In this regard, Peláez Gamboa explained that "all the links of the chain are working on an agenda with a common 10 year vision that allows us to preserve the activity facing current challenges and to generate the necessary conditions to position ourselves with greater strength in the face of decision-making in the region, to compete on an equal basis in forthcoming allocations and to board the development of new technologies."

"The focus is on changing together, through a sustainable and long-term plan, those structural issues that impact on the competitiveness of our industry," he added.

Press 10/03/19.-

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