As imports of premium and luxury cars and their spare parts are being limited, as well as being impacted by unclear policies, some car dealers are looking at moving their operations to Latin American free-trade zones to develop their luxury cars import and trading business. Such a move would be detrimental to the future of premium and luxury cars in Argentina.
The main brands of premium and luxury cars have already revealed their plans for new launches for the Argentinian market in 2022. For example, Mercedes-Benz announced the new C-Class, its mid-size sedan in its highly popular D segment.
The opening of a luxurious “flagship” dealership in the Alcorta shopping mall, owned by IRSA, is part of an investment of USD100 million by Eximar, the exclusive representative and distributor of the Volvo, Jaguar, Land Rover and Geely brands in Argentina. Eximar also aims to be a pioneer in electric car market with the introduction of 50 electric chargers in 25 points of the country.
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Understand the latest market trends and future growth opportunities for the Luxury Cars industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Luxury Cars industry in Argentina, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Passenger car vehicles providing exceptional comfort, aimed at the premium market and at drivers wanting a higher level of performance and handling or a vehicle that gives the impression of being capable of high-speed motoring. These cars are generally designed to appeal to high earning, status led consumers and generally retail at US$75,000 plus Example models include: Aston Martin, Ferrari, Jaguar, Bentley, Porsche, McLaren, Maserati, Rolls-Royce and TeslaSee All of Our Definitions
This report originates from Passport, our Luxury Cars research and analysis database.
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