The contraction of the Chilean economy added to the weakness of internal demand continue to affect trade and, therefore, the automotive sector.
The first semester closed with 159,211 cumulative units sold of light and medium vehicles, registering a 28% drop, when compared to the first six months of 2022, at the country level.
However, if it is compared with the performance of the first six months of 2021, the drop is only 11%, since 178,856 units were sold in that period.
While the result for the month of June ended with 22,676 units sold and a decrease of 37%, compared to the same month last year, which affected all categories, including passenger vehicles, SUVs, commercial vehicles and pick-up trucks. .
The Monthly Indicator of Economic Activity (Imacec) fell 2% annually in May, recording the worst monthly record since last December and its fourth consecutive contraction. This result was explained by the slowdown in mining and, to a lesser extent, in commerce, which is correlated to the performance of the automotive market.
For these reasons, sales of new light and medium vehicles slowed down during June in almost all regions, except in Tarapacá, which reached a growth of 13.9% in June and accumulated an increase of more than 8% so far in 2023. .
In relation to the Ñuble Region, the fall in the month of June was -49.3%, with only 301 units sold. Ñuble is the third region of the country to register the highest drop in sales.
As a result of the prevailing uncertainty surrounding the economic reactivation, ANAC AG, together with its expert advisors, Forecast Consultores, are reviewing their projections for 2023, a year that continues to be part of a normal performance, that is, in line with the historical average rate of the automotive sector.
truck and bus market
In this economic context, where the execution of public and private investment is slow and business and consumer confidence indicators are in negative territory, the truck market again experienced a cumulative decrease of 23.6% in sales with 6,352 units sold , compared to the same month in 2022.
For its part, the bus market continues to record the best performance with accumulated growth of 60.3% and 1,529 units sold in the first semester. While the figure for the month of June fell by 63% with 59 sold, due to the fact that the weak economic activity also began to affect this market
