Overview

• Argentina’s used-car market recorded its strongest July of 2025 with 179,363 transfers and nearly 1.1 million exchanges Jan–Jul, up 18.9% year-on-year led by interior provinces.
• Eased import controls under SIRA and expanded extrazona quotas pushed imported vehicles to 58% of transfers through July, reshaping market dynamics.
• New-car registrations reached 388,680 in the first seven months, but industry leaders say a 54% tax load and high interest rates must be reduced to maintain momentum.
• The government is evaluating a Plan Canje scheme to issue scrappage certificates tied to import-quota incentives and certify old-car dismantling for a 2026 rollout.
• Mexico’s heavy-truck sector saw July production and exports drop by roughly half, underscoring divergent trajectories across regional automotive markets.