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Argentina’s Auto Recovery Continues as Spain’s Car Sales Climb on Electrified Demand

Sector groups caution that funding gaps and uneven charging networks could slow Spain’s EV uptake.

Overview

  • Argentina registered 51,982 new cars in October, up 16.9% year over year but down 7.6% from September, bringing the 10‑month total to 552,484 (+55.1%) with ACARA projecting a finish above 600,000 in 2025.
  • Toyota Hilux led Argentina’s October model ranking ahead of Toyota Yaris and Peugeot 208, with Toyota topping brands followed by Volkswagen and Fiat.
  • November list‑price updates lifted many entry models, leaving only five cars below ARS 30 million: Renault Kwid, Fiat Mobi, Hyundai HB20, Fiat Argo and Fiat Cronos, with average 4–5% increases on imports.
  • Spain logged 96,785 car registrations in October (+15.9% YoY) and 951,516 year to date (+14.9%), while electrified turismos surged with battery‑electric up around 90% and plug‑in hybrids up about 145%, taking roughly 22% of the monthly market.
  • Argentina’s motorcycle market accelerated with 61,120 registrations in October (+32% YoY) and 535,950 in the first ten months (+38.9%), reinforcing two‑wheelers’ strong momentum.