AmCham Argentina warns auto industry could vanish by 2045 amid output slump

The US Chamber of Commerce in Argentina warns the local automotive industry could disappear by 2045, citing a sharp contraction: plants now produce 13 models versus 20 a year ago, and output is down 17.1% through August. The warning reflects deep structural decline driven by economic instability and policy uncertainty, though the timeline is speculative. This matters as it signals accelerating deindustrialization in Argentina, with implications for employment, investment, and trade.