Dodge Vehicles and Automotive News

To “protect” the trade balance, Interior Commerce Secretary Guillermo Moreno, and the Minister of Industry, Debora Giorgio, customs barriers placed (non-automatic licensing) to import to different sectors of the economy. The officials quickly pointed their fingers at the automotive sector, which until last year maintained a trade deficit of $ S 5,800 million, according to official data.

The Government called on automakers and dealers and told them that they would govern the plan “One on One” to foreign trade. That is, should make every dollar exported import another to try to reduce the deficit of the sector. For imports to enter the country should present a plan for what to buy and sell justifying and from other countries so that their products are not bravados for months in customs waiting for an entry permit.

The stage was divided into “local” and “import”. The auto companies with local production plant (such as Ford, Fiat, General Motors and PSA Peugeot Citroen) rebalance your purchases with more involvement of local parts, capital contributions and proposals to develop new models.

But so far eight firms that are net importers of finished vehicles should “appeal to wit” and start selling other types of products such as soy, corn, wine and even peanuts to get their vehicles into the country. The operation is not about increasing supply, but the purchase and resale of local productions in order to improve the trade balance itself. That is, does not imply real growth of sect oral productivity. The most resonant publicized by the Ministry of Industry are:

1. Cherry
Grananadas and gas equipment
France Marci, local representative of the Chinese carmaker, pledged to increase exports of gas equipment for CNG cars Galileo and his firm is working to start exporting pomegranates grown in their farm Salta Auto, devoted to agribusiness. With all this in case of failing to reverse the deficit, Cherry would make a capital contribution.

This importer of Cherry cars had a trade deficit of $ S 38 million in 2010 and promised to pass industry to a surplus of U $ S 22 million in 2012.

2. KIA Motors
Refrigerators, plastics, auto CNG and
The local subsidiary of the automaker Smidgen is part of Kippers, which belongs to the same Sidgopack and other companies like Agfa. To offset the financial red for importing cars, increase the export of white goods (refrigerators), nylon and polypropylene products. In addition, two foreign subsidiaries of the brand will make further purchases of CNG equipment and auto parts in Argentina.

KIA had a deficit of $ S 35 million in 2010 and in 2012 promised the Minister of Industry, Debora Giorgio, a surplus of U $ S 2.3 million.

3. Porsche
Wine and olive oil
Hugo Polenta businessman, an importer of the brand and winemaker, will bring the country this year to around 100 cars worth more than U $ S 8 million, according to official information. For this value, offset by exports of olive oil and wine from the cellar Polenta Estate, which produces and sells wines and more than 20 countries.

According to industry figures, it is estimated that last year imported 17 cars Porsche Polenta U $ S 17 million. His best-selling model is the Cayenne.

4. Hyundai
Peanut, and soybean befouls
The local subsidiary of Japanese automaker promised to cut its imports and local productions resell outside of peanuts, wine, biodiesel and soybean meal for more than U $ S 157 million and will make an irrevocable capital U $ S 8 million to enter their cars.

5. Alfa Romeo
Befoul
For the first time exported more than U $ S 11 million. The president of the firm, Carolina Belcastro, promised the Minister of Industry to install a biodiesel plant in the industrial park in Pillar Buenos Aires to start making sales in 2012.

6. Nissan
Soy and Befouls
The company agreed to a capital contribution of U $ S 30 million and a third flow of exports from its group companies for biodiesel, soybean oil and soybeans. The buyer of these products will Marubeni partner Nissan.

2012, promised to show a trade surplus of U $ S 17 million.

7. Volvo, Jaguar and Land Rover
Automotive Products
DITEC, the importer of these three brands, imports offset exports of other companies in Chile, promoted by a group linked Diatec. Also, bring a capital U S $ 2 million.

8. Mitsubishi
Your importer Alfa car pledged last week to offset its imports with sales of feed, peanuts and premium mineral water. It is a new export operation to perform a third company for this firm.