Like New: Argentina Used Car Sales Soaring

Patrick Archer competitiveness, lifestyle

Sales of used cars in Argentina have been on fire this year, as locals continue to look for low-mileage, four-wheel hedges against inflation. According to the Automotive Sales Chamber, 138,707 used cars were purchased in March in Argentina, up 5.4% over the 131,633 sold in March of 2010. With the addition of March sales figures, Argentine dealers sold 422,951 used …

European Luxury Imports Are Booming in Buenos Aires

Patrick Archer argentina polo, buenos aires events, foreign investment, lifestyle

If March sales figures were any indication, 2010 will be a very good year for European luxury automakers exporting to Argentina. According to iProfesional; Audi, BMW, Mercedes-Benz and Porsche all posted double or triple-digit gains in units sold compared to March 2009. Several factors are contributing to the current boom: the falling Euro, pent-up demand after automakers slashed production and …