Chevrolet Argentina Sales Down Seven Percent In May 2023
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Chevrolet Argentina sales decreased seven percent to 2,824 units in May 2023. The figures place Chevrolet as the sixth best-selling automobile brand in Argentina during the month, behind Toyota, Fiat, Renault, Volkswagen and Peugeot.
Individual model sales performance was as follows:
- Chevrolet Cruze sales decreased 41.49 percent to 1,114 units
- Chevrolet Equinox sales increased 50 percent to 42 units
- Chevrolet Onix sales decreased 8.71 percent to 419 units
- Chevrolet S10 sales decreased 27.15 percent to 212 units
- Chevrolet Spin sales increased 1.08 percent to 94 units
- Chevrolet Tracker sales increased 264.31 percent to 929 units
- Chevrolet Trailblazer sales decreased 30.77 percent to 9 units
During the first five month of the 2023 calendar year, Chevrolet Argentina sales increased 11 percent to 14,105 units.
Sales Results - May 2023 - Argentina - Chevrolet
| MODEL | MAY 2023 / MAY 2022 | MAY 2023 | MAY 2022 | YTD 2023 / YTD 2022 | YTD 2023 | YTD 2022 |
|---|---|---|---|---|---|---|
| CRUZE | -41.49% | 1,114 | 1,904 | -36.64% | 4,587 | 7,240 |
| EQUINOX | +50.00% | 42 | 28 | -1.36% | 145 | 147 |
| ONIX | -8.71% | 419 | 459 | +51.63% | 3,113 | 2,053 |
| S10 | -27.15% | 212 | 291 | -29.36% | 895 | 1,267 |
| SPIN | +1.08% | 94 | 93 | +1.97% | 310 | 304 |
| TRACKER | +264.31% | 929 | 255 | +215.88% | 4,972 | 1,574 |
| TRAILBLAZER | -30.77% | 9 | 13 | -61.63% | 33 | 86 |
| CHEVROLET TOTAL | -7.32% | 2,824 | 3,047 | +11.02% | 14,105 | 12,705 |
The GM Authority Take
Chevrolet Argentina sales were in the red for the second month in a row in May, suffering a loss of 223 units compared to the same month a year ago. In this fashion, the Bow Tie brand expands the negative sales trend that began in April as a result of macroeconomic difficulties experienced by the South American country, impacting both the supply chain for locally-produced vehicles at the GM Alvear plant as well as imported vehicles.
As in April, the drop in Chevrolet Argentina sales during May 2023 was led by a decrease in the nationally manufactured Chevy Cruze, which suffered a significant reduction of almost 800 deliveries year-over-year. Even so, the compact car line made a significant volume recovery from the prior four months, returning to four-digit sales and recording its second-best monthly result of the 2023 calendar year after the 1,133 units recorded in January. The Chevy Onix, S10 and TrailBlazer SUV were also in the red during the month.
Meanwhile, the Chevy Tracker continued its positive performance in May with another notable triple-digit growth spurt. While the subcompact crossover lagged behind the Cruze for the second month in a row in terms of cumulative sales, it still holds the lead as the best-selling Chevy model during the first five months of the year in Argentina. In addition, the Chevy Equinox and Spin were also in the green.
About The Numbers
- All percent change figures compared to Chevrolet Argentina sales for May 2022, unless noted otherwise
Further Reading & Sales Reporting
- GM news
- Running GM sales results
- Running Chevrolet sales results
- GM Q2 2023 sales reports
- GM Q2 2023 sales U.S.A.
- Chevrolet sales Q2 2023 U.S.A.
- Cadillac sales Q2 2023 U.S.A.
- Buick sales Q2 2023 U.S.A.
- GMC sales Q2 2023 U.S.A.
- GM Canada sales Q2 2023
- GM Mexico sales Q2 2023
- GM China sales Q2 2023
- GM Brazil sales Q2 2023
- GM Argentina sales Q2 2023
- Chevrolet Argentina April 2023 sales
- Chevrolet Argentina May 2023 sales (this page)
- Chevrolet Argentina June 2023 sales
- GM Chile sales Q2 2023
- GM Colombia sales Q2 2023
- GM South Korea sales Q2 2023
- GM South Korea April 2023 sales
- Chevrolet South Korea April 2023 sales
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- Chevrolet South Korea June 2023 sales
- Cadillac South Korea June 2023 sales
- GM South Korea April 2023 sales
- GM Q2 2023 sales U.S.A.
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Because of exchange controls and lmited exports, GM Argentina is struggling to import the Onix, which is a bestseller elsewhere in Latin America.
Volkswagen Argentina has similar problems.
Fiat is selling the locally built Cronos, and Toyota exports loads of Hilux so they can import the Yaris.