“The situation is worrying“You are sincere with a major automaker who did this more than 30% annual sales growth. There’s nothing above that DecemberMonth that is passing through its final days and which is historically the weaker sales for the automotive market. On the contrary: it does We are looking at January, the strongest patenting periodwith volumes that generally twice as much as a normal month.
The decision of senate from postpone until February the treatment of Work modernization project Gender uncertainty between the Car brands. Because? The project includes the removal of “selective consumption taxes“Among them is the one that currently taxes motor vehicles.
Although it existed before, This tax began distorting the automobile market in November 2013. The then government has since increased it, resulting in the record year of sales for the automobile market to date –more than 955,000 units-, The Registrations of luxury cars also reached an all-time highdriven by the Stimulation of the incipient gap between the Parallel dollars and the officiallyto which the price lists refer. He SharesIt is worth remembering that it was set at the end of 2011. In 2013uNone in 10 car sales were high-end carsA unprecedented participation for a segment that barely exceeded 1.5 percent in Argentina.
Since updating to a greater and lesser extent and according to different criteria, the government of Javier Milei made a sharp cut in January, which led to a decrease in the models benefiting directly.
The last change occurred this month. At the beginning of December, the Ministry of Economic Affairs reduced the tax Elimination of the first scalewhich had a tariff rate of 20%, and a Decrease from 35% to 18% of the secondwhat is enough Dealer value models are around $120 million. The tax only applies to so-called passenger cars. No to advertising. That means, Pickups – one of the most thriving categories in the local market – are exempt.
Every adjustment in tariffs was celebrated by the government as an abolition of taxes.to reduce car prices“. An argument that was heard again 10 days ago, when the abolition of the tax was included in the articles of the labor law that the Casa Rosada had sent to Congress. That, it is said in a terminal, has already led to a first brake, which led, for example, some brands – such as Mercedes-Benz – to offer customers who bought their car in December and January a refund of the amount of the tax if the tax was actually collected removed before January 31st.
But against the backdrop of two consecutive months – October and November – of declining car sales year-on-year, the postponement of treatment to February resulted in one undesirable side effect: The complete paralysis in the car dealershipswith the expectation that cars will become cheaper after the law is passed. An expectation that, as they point out in the industry, is anything but real.
Currently the minimum price for a 0 km trip in Argentina is $26.5 million (Renault Kwid). The bestsellers – collection included – are between $50 million and $65 million. Maximum, 90 million dollarsin the best equipped trucks. “It is a very small percentage of the market that would see its price fall if the tax were eliminated. Most models will not fail. None of the bestsellers“ emphasizes another brand.
For this reason, Prestige cara representative from Mercedes-Benz, tried to bring clarity to the confusion. He recalled that this was the case today eight models of your portfolio that are not affected by the tax, “Therefore, a possible change or elimination of the tax would not entail any price changes for this concept.“. It’s about At 200, At 250, CLA200, GLA GLA 250, GLB 200, GLB 250 And C300 Avantgarde. They represent the 30% of the star brand’s domestic sales.
“The abolition of the internal tax, if implemented, would only affect the models currently covered by this tax.” said Martin Idiartecommercial director of Prestige.
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