Argentina expects an improvement in the automotive sector, with 75% more production in 2021

The automotive sector currently employs some 130,000 people and is one of the most important in the Argentine industrial fabric.

RIO DE JANEIRO, BRAZIL - Argentina's automakers project to reach a production of at least 450,000 units this year, well above the 257,000 vehicles manufactured last year, according to official data released on Saturday, March 20th.

The production projections represent a 75% jump over the units manufactured in 2020, a year in which the Argentine automotive sector was hit hard by the covid-19 pandemic.

"This data, although not surprising because 2020 had a partial slowdown of the economy due to measures aimed at preventing the spread of the pandemic, shows a great recovery of the sector," the . . .

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