Argentina June Auto Production Rises For Second Straight Month
Argentine auto production was down 13.1% in June from the same month a year ago, but was up 4.1% on the month, Adefa said.
Car makers produced 44,527 cars in June, compared with 51,249 a year earlier. Production is well up from the low of 14,903 in February.
Exports from Argentina rose again in June, up 0.5% to 29,361 from 29,216 a year earlier and up 11% from 26,344 in May.
Sales to car dealerships fell 18% on the year to 42,965 units, versus 52,208 a year ago, but were up 5.1% from 40,872 in May.
Adefa represents 10 foreign car manufacturers with operations in Argentina, including U.S., European and Japanese companies.
-By Matthew Cowley, Dow Jones Newswires; 5411-4103-6740; matthew.cowley@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=%2BrFuX7rOcZgXqFaF7hQljA%3D%3D. You can use this link on the day this article is published and the following day.
Publié le 04 Juillet 2009 Copyright © 2009 Dowjones
Partager sur:
