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Argentina Auto Parts Output Plummets 22.5% Amid Chinese Import Surge

5/6/2026

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Story summary
  • Argentina's auto parts output fell 22.5% in 2026 after President Javier Milei eased trade barriers.
  • Imports of parts rose 11.6% in 2025 to $10.32 billion, with Chinese shipments up 80.9% to $1.46 billion.
  • Vehicle production dropped 19% in Q1 2026 after a 2025 peak of 490,000 units.
  • The parts sector shed about 5,000 jobs in 2025 and unemployment rose to 7.5% in Q4 2025.