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07 Jan
09:26

Argentina's automotive sector slumps in 2018

The Argentine automotive sector closed 2018 far behind initial forecasts, Kallanish learns from data issued by automotive producers' group Asociación de Fábricas de Automotores (Adefa). At the beginning of last year, Adefa estimated the vehicle industry would return to levels seen in 2015, when output was almost 530,000 units. From September, however, the local automotive sector saw its performance impacted by the country’s…
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