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...