Argentina Auto Output Falls 15.7% in September, 16.9% YTD on Weak Domestic Sales

Argentine automotive production dropped 15.7% year-on-year in September to 39,747 units, with a 16.9% decline year-to-date, driven by lower domestic dealership sales despite rising exports. The divergence suggests weak local demand is the primary drag, while export strength provides partial offset. This signals continued softness in Argentina's industrial sector and consumer spending.