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Arcfox Electric Cars Set to Debut in Argentina by Belcastro Group

30Dec

By AGN EditorNo Comments

Arcfox Electric Cars Set to Debut in Argentina by Belcastro Group

The Grupo Belcastro, a well-known importer of Alfa Romeo, Baic, Isuzu, and Ferrari vehicles into Argentina, has announced plans for the launch of luxury electric brand Arcfox. The company will introduce four models from this new division: Kaola S, T1, T5, and S5 in December 2026.Key TakeawaysArcfox is entering the Argentine market with its premium electric vehicle lineup for diverse lifestyles.The Belcastro Group has secured special customs incentives allowing them to import up to 2,064 Arcfox units without paying a 35% tariff.Details on pricing will be announced closer to launch in December 2026.Arcfox was established by the Chinese BAIC Group in 2017 with aspirations similar to Lexus, aiming for high-end electric vehicles. The T5 model comes equipped with a powerful battery pack of 79.2 ...

Ford Argentina Leads in Tariff-Free Import Quota for 2026

3Dec

By M.ChenNo Comments

EV & Electric Cars, News

Ford Argentina Leads in Tariff-Free Import Quota for 2026

The Argentine government announced today that <a href="https://autoglobalnews.com/mustang-s-thermal-triumph-over-ford-s-electric-lineup/" style="color:#1a73e8;text-decoration:underline;" title="Mustang’s Thermal Triumph Over Ford’s Electric L">Ford will lead the tariff-free import quota of fifty thousand vehicles set to begin next year. This initiative aims to lower car prices across the country.Key TakeawaysFord Argentina is the biggest beneficiary, with 10,000 Territory Hybrid imports exempt from tariffs in 2026.Chevrolet and BYD are also major winners, authorized to import a combined total of over seven thousand vehicles without paying customs duties.The quota favors foreign brands more this year: 30,720 units for Cidoa (importers) versus 19,280 for Adefa (local manufacturers...

Argentine Government Modifies Tax Base for Luxury Vehicles

3Dec

By AGN EditorNo Comments

News

Argentine Government Modifies Tax Base for Luxury Vehicles

The Argentine government has updated the tax base for internal taxes on automobiles, motorcycles, boats, and aircraft through a resolution published by the Revenue and Customs Control Agency (ARCA). This change affects what is known as the 'luxury tax,' impacting only the priciest vehicles sold in Argentina.Key TakeawaysThe luxury tax now applies exclusively to high-end vehicles, with a threshold of 74.314.009 pesos for cars and 15.924.979 pesos for motorcycles.The previous dual-tiered tax system has been suspended but remains in place until June 30, 2027.Only vehicles priced at or above 120 million pesos for cars and 25 million pesos for motorcycles will be subject to the current luxury tax rates.The modification comes after a period where the first tier of internal taxes impacted popular...

CIDOA Elects New Leadership Amidst Milei’s Auto Policy Successes

2Dec

By S.MartinezNo Comments

News

CIDOA Elects New Leadership Amidst Milei’s Auto Policy Successes

The Argentine automotive market is buzzing with excitement as the Cámara de Importadores y Distribuidores Oficiales de Automotores (CIDOA) has elected new leadership. Ernesto Cavicchioli, CEO of Hyundai Motor Argentina, now leads CIDOA, taking over from Hugo Belcastro who will serve as secretary.Key TakeawaysCavicchioli highlights the impact of Milei's policies on market growth and variety.The number of car units sold has increased to around 600,000 in 2025 from a stagnant 400,000 previously.Importers now have more financial tools and lower interest rates.Cavicchioli's first remarks as president of CIDOA emphasized the positive effects of President Javier Milei's policies on Argentina’s automotive market. He noted a significant increase in car sales volume to approximately 600,000 units th...

Jetour X50 Makes Waves in Argentine Auto Market

29Nov

By E.WilsonNo Comments

News, SUV & Crossovers

Jetour X50 Makes Waves in Argentine Auto Market

The launch of the Jetour X50 SUV has stirred excitement among car enthusiasts and families alike, marking a significant milestone for the Chinese automaker's presence in Argentina. The model is positioned as the most affordable option from Jetour, making it an attractive choice for those seeking modern features without breaking the bank.Key TakeawaysThe X50 aims to be Jetour's best-selling model in Argentina with a price tag of $26,600.The interior boasts high-quality materials and advanced technology, including digital dashboards and touchscreen displays.Jetour plans to introduce more electrified models next year, focusing on hybrid technologies.Jetour's X50 is set to make a splash in the Argentine market as it offers an array of features typically found in higher-end vehicles but at a pr...