[SMM Iron & Steel] Vehicle Production in Argentina Increases Slightly in May 2026

Published: Jun 9, 2026 17:51

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According to ADEFA, Argentina produced 37,762 vehicles in May 2026, slightly up from 37,521 units in April. Despite the month-on-month stability, production fell by 21.5% compared to May 2025. During the first five months of 2026, total production declined by 19.3% year-on-year to 167,629 units. Exports and domestic sales also slumped by 4.2% and 39% respectively in May year-on-year. While the short-term stabilization suggests a potential bottoming out, the broader year-on-year contraction indicates an ongoing industry adjustment driven by localized supply renewal, signaling weak near-term demand for automotive steel.

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