Argentina June 2019: Honda (+26.2%), Volvo (+22.3%) stay afloat in market sinking -43.9% despite government subsidies
Honda is up 26.2% in a market down -43.9%. Despite €23m government subsidies (Plan Juni0km) aimed at reviving sales, new vehicle registrations in Argentina continue to freefall in June at -43.9% year-on-year to just 35.954 units, leading to a year-to-date volume down -49.9% to 248.355. The brands podium is unchanged…