CINXE.COM

<!DOCTYPE html>     <html xmlns:og="http://ogp.me/ns#" xmlns:article="http://ogp.me/ns/article#" xmlns:book="http://ogp.me/ns/book#" xmlns:profile="http://ogp.me/ns/profile#" xmlns:video="http://ogp.me/ns/video#" xmlns:product="http://ogp.me/ns/product#" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/terms/" xmlns:foaf="http://xmlns.com/foaf/0.1/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:sioc="http://rdfs.org/sioc/ns#" xmlns:sioct="http://rdfs.org/sioc/types#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:schema="http://schema.org/" lang="en"> <head>  <meta http-equiv="Content-Type" content="text/html; charset=utf-8" /> <script> function recaptchaOnLoad() { if (typeof Drupal.behaviors.recaptcha.attach != 'undefined') { Drupal.behaviors.recaptcha.attach(); } };</script> <script src="https://www.google.com/recaptcha/api.js?hl=en&onload=recaptchaOnLoad&render=explicit" async="async" defer="defer"></script> <meta name="description" content="On 10 December 2019, Alberto Fernández took over as president with inflation and a benchmark interest rate in the range of 50%. Although further stressed by the global health pandemic which started in early 2020, Argetina has seen inflation and interest fall to just under 40% in 1Q21. " /> <link rel="image_src" href="https://www.globalfleet.com/sites/default/files/2000px-flag_of_argentina.svg_.png" /> <meta name="generator" content="Drupal 7 (http://drupal.org)" /> <link rel="canonical" href="https://www.globalfleet.com/en/wikifleet/argentina" /> <link rel="shortlink" href="https://www.globalfleet.com/en/node/769368" /> <meta http-equiv="content-language" content="en" /> <meta property="og:site_name" content="Global Fleet" /> <meta property="og:type" content="article" /> <meta property="og:title" content="Argentina" /> <meta property="og:url" content="https://www.globalfleet.com/en/wikifleet/argentina" /> <meta property="og:description" content="On 10 December 2019, Alberto Fernández took over as president with inflation and a benchmark interest rate in the range of 50%. Although further stressed by the global health pandemic which started in early 2020, Argetina has seen inflation and interest fall to just under 40% in 1Q21. " /> <meta property="og:updated_time" content="2023-11-14T23:26:03+01:00" /> <meta property="og:image" content="https://www.globalfleet.com/sites/default/files/styles/opengraph/public/2000px-flag_of_argentina.svg_.png?itok=7czquknG" /> <meta property="og:image:url" content="https://www.globalfleet.com/sites/default/files/styles/opengraph/public/2000px-flag_of_argentina.svg_.png?itok=7czquknG" /> <meta property="og:image:width" content="1000" /> <meta property="og:image:height" content="625" /> <meta name="twitter:card" content="summary" /> <meta name="twitter:creator" content="@Fleet_Europe" /> <meta name="twitter:title" content="Argentina" /> <meta name="twitter:url" content="https://www.globalfleet.com/en/wikifleet/argentina" /> <meta name="twitter:description" content="On 10 December 2019, Alberto Fernández took over as president with inflation and a benchmark interest rate in the range of 50%. Although further stressed by the global health pandemic which started in early 2020, Argetina has seen inflation and interest fall to just under 40% in 1Q21. " /> <meta name="twitter:image" content="https://www.globalfleet.com/sites/default/files/2000px-flag_of_argentina.svg_.png" /> <meta property="article:published_time" content="2018-03-09T12:10:28+01:00" /> <meta property="article:modified_time" content="2023-11-14T23:26:03+01:00" /> <meta itemprop="description" content="On 10 December 2019, Alberto Fernández took over as president with inflation and a benchmark interest rate in the range of 50%. Although further stressed by the global health pandemic which started in early 2020, Argetina has seen inflation and interest fall to just under 40% in 1Q21. " /> <meta itemprop="name" content="Argentina" /> <meta itemprop="image" content="https://www.globalfleet.com/sites/default/files/2000px-flag_of_argentina.svg_.png" /> <link rel="author" href="http://www.fleeteurope.com" /> <link rel="publisher" href="http://www.fleeteurope.com" /> <meta name="dcterms.title" content="Argentina" /> <meta name="dcterms.creator" content="Daniel" /> <meta name="dcterms.description" content="On 10 December 2019, Alberto Fernández took over as president with inflation and a benchmark interest rate in the range of 50%. Although further stressed by the global health pandemic which started in early 2020, Argetina has seen inflation and interest fall to just under 40% in 1Q21. " /> <meta name="dcterms.date" content="2018-03-09T12:10+01:00" /> <meta name="dcterms.type" content="Text" /> <meta name="dcterms.format" content="text/html" /> <meta name="dcterms.identifier" content="https://www.globalfleet.com/en/wikifleet/argentina" /> <meta name="dcterms.language" content="en" /> <title>Argentina | Global Fleet</title>  <meta name="MobileOptimized" content="width"> <meta name="HandheldFriendly" content="true"> <meta name="viewport" content="width=device-width">  <meta http-equiv="cleartype" content="on">  <script async='async' src='https://www.googletagservices.com/tag/js/gpt.js'></script> <script> var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; </script> <meta name="msapplication-square70x70logo" content="/sites/all/themes/globalfleet/img/favicon/windows-tile-70x70.png"> <meta name="msapplication-square150x150logo" content="/sites/all/themes/globalfleet/img/favicon/windows-tile-150x150.png"> <meta name="msapplication-square310x310logo" content="/sites/all/themes/globalfleet/img/favicon/windows-tile-310x310.png"> <meta name="msapplication-TileImage" content="/sites/all/themes/globalfleet/img/favicon/windows-tile-144x144.png"> <meta name="msapplication-TileColor" content="#1392C1"> <link rel="apple-touch-icon-precomposed" sizes="152x152" href="/sites/all/themes/globalfleet/img/favicon/apple-touch-icon-152x152-precomposed.png"> <link rel="apple-touch-icon-precomposed" sizes="120x120" href="/sites/all/themes/globalfleet/img/favicon/apple-touch-icon-120x120-precomposed.png"> <link rel="apple-touch-icon-precomposed" sizes="76x76" href="/sites/all/themes/globalfleet/img/favicon/apple-touch-icon-76x76-precomposed.png"> <link rel="apple-touch-icon-precomposed" sizes="60x60" href="/sites/all/themes/globalfleet/img/favicon/apple-touch-icon-60x60-precomposed.png"> <link rel="apple-touch-icon-precomposed" sizes="144x144" href="/sites/all/themes/globalfleet/img/favicon/apple-touch-icon-144x144-precomposed.png"> <link rel="apple-touch-icon-precomposed" sizes="114x114" href="/sites/all/themes/globalfleet/img/favicon/apple-touch-icon-114x114-precomposed.png"> <link rel="apple-touch-icon-precomposed" sizes="72x72" href="/sites/all/themes/globalfleet/img/favicon/apple-touch-icon-72x72-precomposed.png"> <link rel="apple-touch-icon" sizes="57x57" href="/sites/all/themes/globalfleet/img/favicon/apple-touch-icon.png"> <link rel="icon" sizes="228x228" href="/sites/all/themes/globalfleet/img/favicon/coast-icon-228x228.png"> <link rel="shortcut icon" href="/sites/all/themes/globalfleet/img/favicon/favicon.ico"> <link rel="icon" type="image/png" sizes="64x64" href="/sites/all/themes/globalfleet/img/favicon/favicon.png"> <link type="text/css" rel="stylesheet" href="https://www.globalfleet.com/sites/default/files/css/css_lQaZfjVpwP_oGNqdtWCSpJT1EMqXdMiU84ekLLxQnc4.css" media="all" /> <link type="text/css" rel="stylesheet" href="https://www.globalfleet.com/sites/default/files/css/css_lkvHUqwuaMnlSkPLjR6wgdcvM88sr5Mi-fDRQ-vdqKU.css" media="all" /> <link type="text/css" rel="stylesheet" href="https://www.globalfleet.com/sites/default/files/css/css_3FgUNvz7yPfPUcNWExv1zd8frfF29a35ZLfRErfdr7E.css" media="all" /> <link type="text/css" rel="stylesheet" href="https://www.globalfleet.com/sites/default/files/css/css_lq9d2_e9OAmI-3yPbgb-JNF50aq1M05__vAUu5VmAx4.css" media="all" /> <link type="text/css" rel="stylesheet" href="https://fonts.googleapis.com/css?family=Lato:400,700" media="all" /> <link type="text/css" rel="stylesheet" href="https://www.globalfleet.com/sites/default/files/css/css__O-AETl7HmysdXbrwsWAal1azAZfkXAYuL-7xPP3iuw.css" media="all" /> <style>.small{width:25%!important;}.boxout1{background-color:#ECF0F1;padding:5px 20px;border-top:6px solid #00A5DF;font-size:14px;}.boxout1 h4{color:#00A5DF;}.p-table{max-width:700px!important;border:0px solid white !important;}.p-table td{border-right:0!important;border-bottom:1px solid #ECF0F1 !important;}.p-table tr:nth-child(odd){background-color:transparent!important;}.p-hour{width:20%;font-size:12px!important;font-weight:bold;}.p-desc{width:80%;}.p-desc h6{margin-top:0!important;margin-bottom:2%!important;}.p-table .fe-yellow{font-size:14px!important;}.iwif-quote{border-left:2px solid #f0827b!important;}.boxout1.iwif,.boxout2.iwif{border-top:6px solid #f0827b;}.iwif h3,.iwif h4{color:#f0827b;}.iwif ul:not(.contextual-links) li:before{background-color:#f0827b!important;}.page-node-778703 .addthis-wrapper,.page-node-778701 .addthis-wrapper,.page-node-778708 .addthis-wrapper,.page-node-778811 .addthis-wrapper,.page-node-778816 .addthis-wrapper,.page-node-778825 .addthis-wrapper,.page-node-778926 .addthis-wrapper,.page-node-778925 .addthis-wrapper,.page-node-779042 .addthis-wrapper,.page-node-779044 .addthis-wrapper,.page-node-779046 .addthis-wrapper{background-color:#f0827b!important;}.page-node-778701 .field-name-body a:not(.field-group-link),.page-node-778811 .field-name-body a:not(.field-group-link){color:#f0827b!important;}.small{width:25%!important;}.cell-iwif{background-color:#f0827b!important;text-align:center!important;}img.align-center{display:block;margin-left:auto!important;margin-right:auto!important;} </style> <script defer="defer" src="/sites/default/files/google_tag/global_gtm/google_tag.script.js?sne4m3"></script> <script src="/sites/all/modules/contrib/jquery_update/replace/jquery/1.10/jquery.min.js?v=1.10.2"></script> <script src="/misc/jquery-extend-3.4.0.js?v=1.10.2"></script> <script src="/misc/jquery-html-prefilter-3.5.0-backport.js?v=1.10.2"></script> <script src="/misc/jquery.once.js?v=1.2"></script> <script>var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; googletag.slots = googletag.slots || {};</script> <script src="/misc/drupal.js?sne4m3"></script> <script>jQuery.extend(Drupal.settings, {"basePath":"\/","pathPrefix":"en\/","setHasJsCookie":0,"ajaxPageState":{"theme":"globalfleet","theme_token":"Vh-RCfPt8RUjoaG19hGesM0eMPKyrXHh3JsA71TeBQw","js":{"sites\/all\/modules\/custom\/wikifleet\/js\/wikifleet.chapters.js":1,"modules\/statistics\/statistics.js":1,"sites\/all\/themes\/gbltoolbox\/js\/bootstrap.js":1,"sites\/all\/themes\/gbltoolbox\/js\/bootstrap3\/collapse.js":1,"sites\/all\/themes\/gbltoolbox\/js\/bootstrap3\/modal.js":1,"sites\/all\/themes\/gbltoolbox\/js\/bootstrap3\/tooltip.js":1,"sites\/all\/themes\/gbltoolbox\/js\/bootstrap3\/popover.js":1,"sites\/all\/themes\/gbltoolbox\/js\/bootstrap3\/transition.js":1,"sites\/all\/themes\/gbltoolbox\/js\/modernizr-custom.js":1,"sites\/all\/themes\/gbltoolbox\/js\/jquery.ba-throttle-debounce.min.js":1,"sites\/all\/themes\/gbltoolbox\/js\/imagesloaded.pkgd.min.js":1,"sites\/all\/themes\/gbltoolbox\/js\/matchHeight.min.js":1,"sites\/all\/themes\/gbltoolbox\/js\/main.js":1,"sites\/all\/themes\/gbltoolbox\/js\/sticky-menu.js":1,"https:\/\/www.globalfleet.com\/sites\/default\/files\/google_tag\/global_gtm\/google_tag.script.js":1,"sites\/all\/modules\/contrib\/jquery_update\/replace\/jquery\/1.10\/jquery.min.js":1,"misc\/jquery-extend-3.4.0.js":1,"misc\/jquery-html-prefilter-3.5.0-backport.js":1,"misc\/jquery.once.js":1,"misc\/drupal.js":1,"sites\/all\/modules\/contrib\/jquery_update\/replace\/ui\/ui\/minified\/jquery.ui.core.min.js":1,"sites\/all\/modules\/contrib\/jquery_update\/replace\/ui\/ui\/minified\/jquery.ui.widget.min.js":1,"sites\/all\/modules\/contrib\/jquery_update\/replace\/ui\/ui\/minified\/jquery.ui.accordion.min.js":1,"sites\/all\/libraries\/colorbox\/jquery.colorbox-min.js":1,"sites\/all\/modules\/contrib\/colorbox\/js\/colorbox.js":1,"sites\/all\/modules\/contrib\/colorbox\/styles\/default\/colorbox_style.js":1,"sites\/all\/modules\/contrib\/colorbox\/js\/colorbox_load.js":1,"sites\/all\/modules\/contrib\/colorbox\/js\/colorbox_inline.js":1,"sites\/all\/modules\/contrib\/captcha\/captcha.js":1,"sites\/all\/modules\/contrib\/google_analytics\/googleanalytics.js":1,"sites\/all\/modules\/patched\/recaptcha\/recaptcha.js":1,"sites\/all\/modules\/contrib\/field_group\/field_group.js":1,"sites\/all\/themes\/globalfleet\/js\/priority-main.js":1},"css":{"modules\/system\/system.base.css":1,"misc\/ui\/jquery.ui.core.css":1,"misc\/ui\/jquery.ui.theme.css":1,"misc\/ui\/jquery.ui.accordion.css":1,"sites\/all\/modules\/contrib\/calendar\/css\/calendar_multiday.css":1,"sites\/all\/modules\/contrib\/date\/date_api\/date.css":1,"sites\/all\/modules\/contrib\/date\/date_popup\/themes\/datepicker.1.7.css":1,"sites\/all\/modules\/contrib\/date\/date_repeat_field\/date_repeat_field.css":1,"sites\/all\/modules\/contrib\/domain\/domain_nav\/domain_nav.css":1,"modules\/field\/theme\/field.css":1,"sites\/all\/modules\/contrib\/ubercart\/uc_order\/uc_order.css":1,"sites\/all\/modules\/contrib\/ubercart\/uc_product\/uc_product.css":1,"sites\/all\/modules\/contrib\/ubercart\/uc_store\/uc_store.css":1,"sites\/all\/modules\/contrib\/youtube\/css\/youtube.css":1,"sites\/all\/modules\/contrib\/views\/css\/views.css":1,"sites\/all\/modules\/contrib\/ckeditor\/css\/ckeditor.css":1,"sites\/all\/modules\/contrib\/colorbox\/styles\/default\/colorbox_style.css":1,"sites\/all\/modules\/contrib\/ctools\/css\/ctools.css":1,"modules\/locale\/locale.css":1,"sites\/all\/modules\/custom\/wikifleet\/css\/wikifleet.chapters.css":1,"https:\/\/fonts.googleapis.com\/css?family=Lato:400,700":1,"sites\/all\/themes\/globalfleet\/style.css":1,"sites\/all\/themes\/globalfleet\/css\/animate.css":1,"sites\/all\/themes\/globalfleet\/css\/custom-animate.css":1,"sites\/all\/themes\/globalfleet\/dev.css":1,"0":1}},"colorbox":{"opacity":"0.85","current":"{current} of {total}","previous":"\u00ab Prev","next":"Next \u00bb","close":"Close","maxWidth":"98%","maxHeight":"98%","fixed":true,"mobiledetect":true,"mobiledevicewidth":"480px","file_public_path":"\/sites\/default\/files","specificPagesDefaultValue":"admin*\nimagebrowser*\nimg_assist*\nimce*\nnode\/add\/*\nnode\/*\/edit\nprint\/*\nprintpdf\/*\nsystem\/ajax\nsystem\/ajax\/*"},"googleanalytics":{"trackOutbound":1,"trackMailto":1,"trackDownload":1,"trackDownloadExtensions":"7z|aac|arc|arj|asf|asx|avi|bin|csv|doc(x|m)?|dot(x|m)?|exe|flv|gif|gz|gzip|hqx|jar|jpe?g|js|mp(2|3|4|e?g)|mov(ie)?|msi|msp|pdf|phps|png|ppt(x|m)?|pot(x|m)?|pps(x|m)?|ppam|sld(x|m)?|thmx|qtm?|ra(m|r)?|sea|sit|tar|tgz|torrent|txt|wav|wma|wmv|wpd|xls(x|m|b)?|xlt(x|m)|xlam|xml|z|zip","trackColorbox":1},"urlIsAjaxTrusted":{"\/en\/wikifleet\/argentina":true,"\/en\/wikifleet\/argentina?destination=node\/769368":true},"statistics":{"data":{"nid":"769368"},"url":"\/modules\/statistics\/statistics.php"},"field_group":{"accordion-item":"full","table":"full","accordion":"full","html5":"full"},"bootstrap":{"popoverEnabled":"1","popoverOptions":{"animation":1,"html":0,"placement":"right","selector":"","trigger":"click","title":"","content":"","delay":0,"container":"body"},"tooltipEnabled":"1","tooltipOptions":{"animation":1,"html":0,"placement":"auto left","selector":"","trigger":"hover focus","delay":0,"container":"body"}}});</script> <script src="/sites/all/modules/contrib/jquery_update/replace/ui/ui/minified/jquery.ui.core.min.js?v=1.10.2"></script> <script src="/sites/all/modules/contrib/jquery_update/replace/ui/ui/minified/jquery.ui.widget.min.js?v=1.10.2"></script> <script>googletag.cmd.push(function() {googletag.slots["gf_leaderboard"] = googletag.defineSlot("21625813334/GF_Leaderboard", [728, 90], "dfp-ad-gf_leaderboard") .addService(googletag.pubads());googletag.enableServices();});</script> <script src="/sites/all/modules/contrib/jquery_update/replace/ui/ui/minified/jquery.ui.accordion.min.js?v=1.10.2"></script> <script>googletag.cmd.push(function() {googletag.slots["wiki_argentina_square1"] = googletag.defineSlot("21625813334/wiki_argentina_square1", [300, 250], "dfp-ad-wiki_argentina_square1") .addService(googletag.pubads());googletag.enableServices();});</script> <script>googletag.cmd.push(function() {googletag.slots["wiki_argentina_square2"] = googletag.defineSlot("21625813334/wiki_argentina_square2", [300, 250], "dfp-ad-wiki_argentina_square2") .addService(googletag.pubads());googletag.enableServices();});</script> <script>googletag.cmd.push(function() {googletag.slots["wiki_argentina_square3"] = googletag.defineSlot("21625813334/wiki_argentina_square3", [300, 250], "dfp-ad-wiki_argentina_square3") .addService(googletag.pubads());googletag.enableServices();});</script> <script>googletag.cmd.push(function() {googletag.slots["gf_skyscraper"] = googletag.defineSlot("21625813334/GF_Skyscraper", [120, 600], "dfp-ad-gf_skyscraper") .addService(googletag.pubads());googletag.enableServices();});</script> <script>googletag.cmd.push(function() { googletag.pubads().enableAsyncRendering(); googletag.pubads().enableSingleRequest(); googletag.pubads().collapseEmptyDivs(); }); </script> <script src="/sites/all/libraries/colorbox/jquery.colorbox-min.js?sne4m3"></script> <script src="/sites/all/modules/contrib/colorbox/js/colorbox.js?sne4m3"></script> <script src="/sites/all/modules/contrib/colorbox/styles/default/colorbox_style.js?sne4m3"></script> <script src="/sites/all/modules/contrib/colorbox/js/colorbox_load.js?sne4m3"></script> <script src="/sites/all/modules/contrib/colorbox/js/colorbox_inline.js?sne4m3"></script> <script src="/sites/all/modules/contrib/captcha/captcha.js?sne4m3"></script> <script src="/sites/all/modules/contrib/google_analytics/googleanalytics.js?sne4m3"></script> <script>(function(i,s,o,g,r,a,m){i["GoogleAnalyticsObject"]=r;i[r]=i[r]||function(){(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)})(window,document,"script","//www.google-analytics.com/analytics.js","ga");ga("create", "UA-107488490-1", {"cookieDomain":"auto"});ga("require", "displayfeatures");ga("send", "pageview");</script> <script src="/sites/all/modules/patched/recaptcha/recaptcha.js?sne4m3"></script> <script src="/sites/all/modules/contrib/field_group/field_group.js?sne4m3"></script> <script src="/sites/all/themes/globalfleet/js/priority-main.js?sne4m3"></script>  <script async src="https://www.googletagmanager.com/gtag/js?id=G-JH3CE4TS93"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-JH3CE4TS93'); </script> <script type='text/javascript'>var wamid = '8619';var typ = '1';var Wvar ={"lang":"en","logged":0,"type":"wikifleet","regions":["2801"]};(function(){var w = document.createElement("script");w.type = "text/javascript";w.src = document.location.protocol + "//cstatic.weborama.fr/js/wam/customers/wamfactory_dpm.wildcard.min.js?rnd="+new Date().getTime();w.async = true;var body = document.getElementsByTagName("script")[0];body.parentNode.insertBefore(w,body);})();</script></head> <body class="html not-front not-logged-in one-sidebar sidebar-first page-node page-node- page-node-769368 node-type-wikifleet domain-globalfleet-com i18n-en browser-ie " > <div class="region region-page-top"> <noscript aria-hidden="true"><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-KSTKC5K" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript> </div> <div id="navigation-top"> <div id="navigation-top-wrapper"> <div id="navigation-top-content"> <div class="region region-page-top-left"> <div id="block-menu-block-3" class="block block-menu-block"> <span class="block-title"><span class="title-span">Follow us on:</span></span> <div class="menu-block-wrapper menu-block-3 menu-name-menu-social parent-mlid-0 menu-level-1"> <ul class="menu nav"><li class="first leaf menu-mlid-52356 facebook"><a href="https://www.facebook.com/globalfleet.be/" target="_blank">Facebook</a></li> <li class="leaf menu-mlid-52358 linkedin"><a href="https://www.linkedin.com/groups/4755735/profile" target="_blank">LinkedIn</a></li> <li class="leaf menu-mlid-52357 twitter"><a href="https://twitter.com/GlobalFleet" target="_blank">Twitter</a></li> <li class="last leaf menu-mlid-56783 youtube"><a href="https://www.youtube.com/user/NexusCommunication" target="_blank">Youtube</a></li> </ul></div> </div> </div> <div class="region region-page-top-right"> <div id="block-menu-block-6" class="block block-menu-block"> <h3 class="block-title"><span class="title-span">Regions</span></h3> <div class="menu-block-wrapper menu-block-6 menu-name-main-menu parent-mlid-218 menu-level-1"> <ul class="menu nav"><li class="first leaf menu-mlid-56816"><a href="/en/regions/global">Global</a></li> <li class="leaf menu-mlid-56844"><a href="/en/regions/africa-middle-east">Africa - Middle East</a></li> <li class="leaf menu-mlid-56845"><a href="/en/regions/asia-pacific">Asia Pacific</a></li> <li class="leaf menu-mlid-57919"><a href="/en/regions/europe-0" title="For GlobalFleet website ">Europe</a></li> <li class="leaf menu-mlid-56842"><a href="/en/regions/latin-america">Latin America</a></li> <li class="last leaf menu-mlid-56843"><a href="/en/regions/north-america">North America</a></li> </ul></div> </div> <div id="block-search-form" class="block block-search"> <form class="form-search content-search" action="/en/wikifleet/argentina" method="post" id="search-block-form" accept-charset="UTF-8"><div><div> <div class="input-group"><input title="Enter the terms you wish to search for." placeholder="Search" class="form-control form-text" type="text" id="edit-search-block-form--2" name="search_block_form" value="" size="15" maxlength="128" /><span class="input-group-btn"><button type="submit" class="btn btn-default">Search</button></span></div><input class="element-invisible form-submit" type="submit" id="edit-submit" name="op" value="Search" /><input type="hidden" name="form_build_id" value="form-HeTlNcg_y4SbngrRSK5ZmOLhKBCRvm37MeLV7Tf7n0o" /> <input type="hidden" name="form_id" value="search_block_form" /> </div> </div></form> </div> <div id="block-user-login" class="block block-user"> <h3 class="block-title"><span class="title-span">My Account</span></h3> <form action="/en/wikifleet/argentina?destination=node/769368" method="post" id="user-login-form" accept-charset="UTF-8"><div><div id="user-login-body" class="js-target"><div class="form-type-textfield form-item-name form-item form-group"> <label for="edit-name">E-mail or username <span class="form-required" title="This field is required.">*</span></label> <input class="form-control form-text required" type="text" id="edit-name" name="name" value="" size="15" maxlength="60" /> </div> <div class="form-type-password form-item-pass form-item form-group"> <label for="edit-pass">Password <span class="form-required" title="This field is required.">*</span></label> <input class="form-control form-text required" type="password" id="edit-pass" name="pass" size="15" maxlength="128" /> </div> <ul><li class="first"><a href="/en/user/register" title="Create a new user account.">Create new account</a></li> <li class="last"><a href="/en/user/password" title="Request new password via e-mail.">Request new password</a></li> </ul><input type="hidden" name="form_build_id" value="form-7fguRFcHftRq0V2Z3xiKnzuRACXNX7bxEOhu5CD5sts" /> <input type="hidden" name="form_id" value="user_login_block" /> <div class="captcha"><input type="hidden" name="captcha_sid" value="227858795" /> <input type="hidden" name="captcha_token" value="b94d5fd67d94bf7227010f52c721127a" /> <input type="hidden" name="captcha_response" value="Google no captcha" /> <div id="g-recaptcha227858795" class="g-recaptcha" data-sitekey="6LcjCSMUAAAAAJYTxag_nl9WF-0MDVqLPMnPtMiJ" data-theme="light" data-type="image"></div></div><input type="submit" id="edit-submit--2" name="op" value="Log in" class="form-submit" /></div></div></form> </div> </div> </div> </div> <header class="header" id="header" role="banner"> <div class="header-container"> <div class="header__name-and-slogan" id="name-and-slogan"> <div class="header__site-name" id="site-name"> <a href="/en" title="Home" class="header__site-link" rel="home"> <span>Global Fleet</span> </a> </div> <div id="header-top-ad"> <div class="region region-header-right"> <div id="block-bean-leaderboard" class="block block-bean"> <div class="entity entity-bean bean-dfp-block clearfix" about="/en/block/leaderboard" typeof=""> <div class="content"> <div class="field field-name-field-elements field-type-dpf-ads-field field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><div id="dfp-ad-gf_leaderboard-wrapper" class="dfp-tag-wrapper"> <div id="dfp-ad-gf_leaderboard" class="dfp-tag-wrapper"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display("dfp-ad-gf_leaderboard"); }); </script> </div> </div></div> </div> </div> </div> </div> </div> </div> </div> <div class="navbar-toggle" id="trigger"> <button class="btn-trigger">  </button> </div> <div id="navigation"> <div class="region region-navigation"> <div id="block-menu-block-1" class="block block-menu-block"> <div class="menu-block-wrapper menu-block-1 menu-name-main-menu parent-mlid-0 menu-level-1"> <ul class="menu nav"><li class="first expanded menu-mlid-218"><span class="nolink">Regions <span class="caret"></span></span><ul class="sub-menu"><li class="first leaf menu-mlid-56816"><a href="/en/regions/global">Global</a></li> <li class="leaf menu-mlid-56844"><a href="/en/regions/africa-middle-east">Africa - Middle East</a></li> <li class="leaf menu-mlid-56845"><a href="/en/regions/asia-pacific">Asia Pacific</a></li> <li class="leaf menu-mlid-57919"><a href="/en/regions/europe-0" title="For GlobalFleet website ">Europe</a></li> <li class="leaf menu-mlid-56842"><a href="/en/regions/latin-america">Latin America</a></li> <li class="last leaf menu-mlid-56843"><a href="/en/regions/north-america">North America</a></li> </ul></li> <li class="expanded menu-mlid-21900"><span class="nolink">Channels <span class="caret"></span></span><ul class="sub-menu"><li class="first leaf menu-mlid-55274"><a href="/en/themes/fleet-strategy">Fleet Strategy</a></li> <li class="leaf menu-mlid-37133"><a href="/en/themes/leasing-and-rental">Leasing and Rental</a></li> <li class="leaf menu-mlid-37130"><a href="/en/themes/manufacturers">Manufacturers</a></li> <li class="leaf menu-mlid-55275"><a href="/en/themes/safety-environment">Safety & Environment</a></li> <li class="leaf menu-mlid-57933"><a href="https://www.fleeteurope.com/en/taxonomy/term/1519" target="_blank">Smart Mobility</a></li> <li class="leaf menu-mlid-37135"><a href="/en/themes/taxation-and-legislation">Taxation and Legislation</a></li> <li class="last leaf menu-mlid-55276"><a href="/en/themes/technology-and-innovation">Technology and Innovation</a></li> </ul></li> <li class="expanded menu-mlid-21901"><span class="nolink">Events <span class="caret"></span></span><ul class="sub-menu"><li class="first leaf menu-mlid-43687"><a href="/en/calendar/events">Calendar</a></li> <li class="last leaf menu-mlid-43688"><a href="/en/calendar/upcoming">View all</a></li> </ul></li> <li class="expanded menu-mlid-21902"><span class="nolink">Trainings <span class="caret"></span></span><ul class="sub-menu"><li class="first leaf menu-mlid-1476"><a href="http://ifmi.fleeteurope.com/" target="_blank">Visit IFMI</a></li> <li class="last leaf menu-mlid-60054 highlight-link"><a href="/en/knowledge-center">Knowledge center</a></li> </ul></li> <li class="leaf menu-mlid-56789 highlight-link"><a href="/en/wikifleet">Wikifleet</a></li> <li class="leaf menu-mlid-56408 highlight-link"><a href="https://marketplace.globalfleet.com/" target="_blank">Marketplace</a></li> <li class="leaf menu-mlid-60057 highlight-link"><a href="/en/knowledge-center">Knowledge center</a></li> <li class="last leaf menu-mlid-57935 highlight-link"><a href="https://www.fleeteurope.com" target="_blank">Fleet Europe</a></li> </ul></div> </div> </div> <div class="region region-breadcrumb"> <div id="block-easy-breadcrumb-easy-breadcrumb" class="block block-easy-breadcrumb"> <div itemscope class="easy-breadcrumb" itemtype="https://schema.org/BreadcrumbList"> <span itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"> <span itemscope itemprop="item" itemtype="http://schema.org/Thing" itemid="#0"> <span><a href="/en" class="easy-breadcrumb_segment easy-breadcrumb_segment-front"><span itemprop="name">Home</span></a></span> </span> <meta itemprop="position" content="0" /> </span> <span class="easy-breadcrumb_segment-separator"> » </span> <span itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"> <span itemscope itemprop="item" itemtype="http://schema.org/Thing" itemid="#1"> <span><a href="/en/wikifleet" class="easy-breadcrumb_segment easy-breadcrumb_segment-1"><span itemprop="name">Wikifleet</span></a></span> </span> <meta itemprop="position" content="1" /> </span> <span class="easy-breadcrumb_segment-separator"> » </span> <span itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"> <span itemscope itemprop="item" itemtype="http://schema.org/Thing" itemid="#2"> <span class="easy-breadcrumb_segment easy-breadcrumb_segment-title" itemprop="name">Argentina</span> </span> <meta itemprop="position" content="2" /> </span> </div> </div> </div> </div> </div> </header> </div> <div id="page"> <div id="main"> <div id="left-content"> <div id="content" class="column" role="main"> <a id="main-content"></a> <article class="node-769368 node node-wikifleet view-mode-full view-mode-full clearfix" about="/en/wikifleet/argentina" typeof="sioc:Item foaf:Document" data-uid="11812" data-contentGroup1="auteur-Daniel-Bland"> <header> <span property="dc:title" content="Argentina" class="rdf-meta element-hidden"></span> </header> <header class="group-wiki-header field-group-html5"><div class="field field-name-field-image field-type-image field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><img typeof="foaf:Image" src="https://www.globalfleet.com/sites/default/files/styles/uc_thumbnail/public/2000px-flag_of_argentina.svg_.png?itok=jAigBSkA" width="35" height="22" alt="" /></div> </div><div class="field field-name-title-field field-type-text field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><h1>Argentina</h1> </div> </div><em class="last-update">Last modification: 14 Nov 23</em><div class="wikifleet-navigation"><select class="chapter-selector" name="chapters"><option value="_none">Chapters</option><option value="#group-chapter-one">Chapter 1: Economic and business environment</option><option value="#group-chapter-two">Chapter 2 : Automotive market, segments & sales</option><option value="#group-chapter-three">Chapter 3: Company car market</option><option value="#group-chapter-four">Chapter 4: Taxation & legislation</option><option value="#group-chapter-five">Chapter 5: Car policies</option><option value="#group-chapter-six">Chapter 6: Funding methods</option><option value="#group-chapter-seven">Chapter 7: Fuel</option><option value="#group-chapter-height">Chapter 8 : TCO components</option><option value="#group-chapter-nine">Chapter 9: Safety, insurance and telematics</option><option value="#group-chapter-ten">Chapter 10: Environment</option><option value="#group-chapter-eleven">Chapter 11: Mobility</option><option value="#group-chapter-twelve">Chapter 12: Key trends to watch</option></select></div></header><div class="field field-name-body field-type-text-with-summary field-label-above "> <div class="field-label">Introduction: </div> <div class="field-item even field-item-first field-item-last field-item-0" property="content:encoded"> <p style="margin:0px 0px 10.66px;">On 10 December 2019, Alberto Fernández took over as president with inflation and a benchmark interest rate in the range of 50%. Although further stressed by the global health pandemic which started in early 2020, Argetina has seen inflation and interest fall to just under 40% in 1Q21. </p> <p style="margin:0px 0px 10.66px;"><span><span><span style="margin:0px;"><span><span><span style="margin:0px;"><span style="margin:0px;">With 14 million cars, Argentina is home to the third-largest automobile fleet in Latin America, only behind Brazil and Mexico.</span></span></span></span></span></span></span> </p> <p style="margin:0px 0px 10.66px;"><span style="text-align: left;float: none;">Thank you to contributors to the Argentina WikiFleet page: </span><span style="text-align: left;float: none;"><a href="https://www.globalfleet.com/en/company/auto-corp" target="_blank">AutoCorp</a>  </span><span style="text-align: left;float: none;"><a href="https://www.globalfleet.com/en/company/bdo-belastingconsulenten" target="_blank">BDO</a>  </span><span style="text-align: left;float: none;"><a href="https://www.globalfleet.com/en/company/rda-renting-sa" target="_blank">RDA Renting</a></span></p> <p style="margin:0px 0px 10.66px;"> </p> </div> </div> <div class="group-chapter-one-items field-group-accordion field-group-accordion-wrapper effect-none" id="group-chapter-one"><h3 class="field-group-format-toggler accordion-item"><a href="#">Chapter 1: Economic and business environment</a></h3> <div class="field-group-format-wrapper "><div class="field-group-table group_chapter_one_table form-wrapper form-group" id=""><div id="" class="field-group-table group_chapter_one_table "> <table class="field-group-format group_chapter_one_table table table-striped"> <tbody> <tr class=""><th class="field-label">Demographics</th><td class="field-content"><div class="field field-name-field-demographics field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>Population of approximately 46 million (2022)<br /> up 1% year-over-year<br /> <br /> source: Worldometers</p> </div> </div></td> </tr> <tr class=""><th class="field-label">Capital</th><td class="field-content"><div class="field field-name-field-capital field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>Buenos Aires (est. population 2.89 million)</p> </div> </div></td> </tr> <tr class=""><th class="field-label">Major cities</th><td class="field-content"><div class="field field-name-field-major-cities field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>1. Buenos Aires (2.89mn, or 13.5mn metropolitan area)<br /> 2. Córdoba (1.61mn)<br /> 3. Rosario (1.33mn)<br /> 4. Mendoza (1.11mn)<br /> 5. La Plata (957,800)</p> </div> </div></td> </tr> <tr class=""><th class="field-label">Languages</th><td class="field-content"><div class="field field-name-field-languages field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>Spanish (official)</p> </div> </div></td> </tr> <tr class=""><th class="field-label">GDP</th><td class="field-content"><div class="field field-name-field-gdp field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>2022 (Nominal)<br /> approx. US$490 billion<br /> US$10,652 per capita (non adjusted)<br /> <br /> source: Trading Economics</p> </div> </div></td> </tr> <tr class=""><th class="field-label">Unemployment rate</th><td class="field-content"><div class="field field-name-field-unemployment-rate field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>7.1% (August 2022)</p> <p><span style="text-align: left;float: none;">Source: Trading Economics</span></p> </div> </div></td> </tr> <tr class=""><th class="field-label">Main industries</th><td class="field-content"><div class="field field-name-field-main-industries field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>food processing, motor vehicles, consumer durables, textiles, chemicals and petrochemicals, printing, metallurgy, steel</p> </div> </div></td> </tr> <tr class=""><th class="field-label">Currency</th><td class="field-content"><div class="field field-name-field-currency field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>Argentine peso</p> </div> </div></td> </tr> <tr class=""><th class="field-label">Interest rate</th><td class="field-content"><div class="field field-name-field-interest-rate field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>75% (January 2023) benchmark interest rate </p> <p>Source: Trading Economics<br />  </p> </div> </div></td> </tr> <tr class=""><th class="field-label">Fleet Maturity Index (scaling)</th><td class="field-content"><div class="field field-name-field-fleet-maturity field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>Due to the impacts of the COVID-19 pandemic and correlating closedowns, overall vehicle production in Argentina droppped 18% in 2020 to 257,187 units, being 93,001 passenger cars and 164,186 commercial vehicles. (source: OICA)<br /> <br /> As you can see, production is primarily focused on the caommercial market. Approximately 63% of multinational companies in Argentina offer company's cars to some of their employees.</p> </div> </div></td> </tr> <tr class=""><th class="field-label">Political key info</th><td class="field-content"><div class="field field-name-field-political-key-info field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>Despite attempts of state reform and commercial openness by President Mauricio Macri, the country's economy started to slide in 2018 and continued worsening up until his reelection bid in 2019. In October (2019), he was defeated by  Alberto Fernández, the new president-elect of Argentina. Mr. Fernández will be taking office on 10 December.</p> </div> </div></td> </tr> <tr class=""><th class="field-label">Inflation</th><td class="field-content"><div class="field field-name-field-inflation field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>95% (December 2022)</p> <p><span style="text-align: left;float: none;">Source: Trading Economics</span></p> </div> </div></td> </tr> </tbody> </table> </div></div></div></div><div class="group-chapter-two-items field-group-accordion-wrapper effect-none" id="group-chapter-two"><h3 class="field-group-format-toggler accordion-item"><a href="#">Chapter 2 : Automotive market, segments & sales</a></h3> <div class="field-group-format-wrapper "><div class="field-group-table group_chapter_two_table group-chapter-two-table field-group-table form-wrapper form-group" id=""><div id="" class="field-group-table group_chapter_two_table group-chapter-two-table field-group-table"> <table class="field-group-format group_chapter_two_table table table-striped"> <tbody> <tr class=""><th class="field-label">Total Car park</th><td class="field-content"><div class="field field-name-field-total-car-park field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p><span style="text-align: left;float: none;">2020</span></p> <ul> <li><span style="text-align: left;float: none;">14.3 million vehicles (passenger cars and pickups, light commercial vehicles, trucks, and buses). </span></li> <li><span style="text-align: left;float: none;">Approximately </span><span style="text-align: left;float: none;">one car per 3.15 inhabitants.</span></li> <li>Average age of fleet is 12 years. <span style="text-align: left;float: none;"> </span> </li> </ul> <p><span style="text-align: left;float: none;">Source: AFAC (Argentina component manufacturers association)</span></p> </div> </div></td> </tr> <tr class=""><th class="field-label">New vehicle registrations (Cars, LCV, Trucks)</th><td class="field-content"><div class="field field-name-field-new-vehicle-registrations field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>2022<br /> 355,495 light vehicle registrations, up 7% year-over-year (Focus2Move)<br /> 7,585 HEV and 261 BEV (Statista) 2.2% market share <br /> <br /> ACARA<br /> ADEFA</p> </div> </div></td> </tr> <tr class=""><th class="field-label">Top 5 brands (total market)</th><td class="field-content"><div class="field field-name-field-top-5-brands-total-market field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><div>2022 sales</div> <div> </div> <div>1. Toyota (85,357 units) +16%<br /> 2. Volkswagen (48,215) +11%<br /> 3. Fiat (55,675) -15%<br /> 4. Renault (44,669) +27%<br /> 5. Peugeot (35,658) +31%<br />  </div> <div>source: Focus2Move<br /> <br /> (ACARA-ADEFA)</div> </div> </div></td> </tr> <tr class=""><th class="field-label">Model preference top 5 (total market)</th><td class="field-content"><div class="field field-name-field-model-preference-top field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><div>2020<br /> <br /> 1. Toyota Hilux tops the list for the third year in a row with 18,327 units sold (down 24% year-over-year)  </div> <div>2<span style="text-align: left;float: none;">. Chevrolet Onix (-0.4% y-o-y)  </span></div> <div>3<span style="text-align: left;float: none;">. Fiat Cronos: (+49%)<br /> 4. Volkswagen Gol: (+7.3%)</span></div> <div><span style="text-align: left;float: none;">5. Volkswagen Amarok: (+2.3%)</span><br /> <br /> A spotlight goes to the VW T-Cross compact SUV which saw a 167% jump in sales in 2020, ranked at No. 10.<br />  </div> <div>Source: BestSellingCars<br /> ACARA-ADEFA</div> </div> </div></td> </tr> <tr class=""><th class="field-label">Dealer network (including fleet dealer network)</th><td class="field-content"><div class="field field-name-field-dealer-network-including field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>More than 1,500 car dealerships are in Argentina. The country's dealership association is ACARA</p> </div> </div></td> </tr> </tbody> </table> </div></div></div></div><div class="group-chapter-three-items field-group-accordion-wrapper effect-none" id="group-chapter-three"><h3 class="field-group-format-toggler accordion-item"><a href="#">Chapter 3: Company car market</a></h3> <div class="field-group-format-wrapper "><div class="field-group-table group_chapter_three_table group-chapter-three-table field-group-table form-wrapper form-group" id=""><div id="" class="field-group-table group_chapter_three_table group-chapter-three-table field-group-table"> <table class="field-group-format group_chapter_three_table table table-striped"> <tbody> <tr class=""><th class="field-label">Total Fleet Park (company cars)/Fleet penetration in total fleet sales</th><td class="field-content"><div class="field field-name-field-total-fleet-park field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>Argentina does not have any formal data disclosing this information.<br /> <br /> However, according to Global Fleet advisory board member <a href="https://www.globalfleet.com/en/interviews/alberto-velez-auto-corp-challenges-and-accomplishments-argentina" target="_blank">Alberto Velez</a>, approximately 584,000 corporate cars are in the country (2018), equivalent to 4.2% of the overall car park.<br /> <br /> In Argentina, approximately 63% of the multinational companies in the country offer company cars or vehicle benefits for employees, according to a 2020 Global Fleet study done in partnership with Willis Towers Watson.</p> </div> </div></td> </tr> <tr class=""><th class="field-label">Evolution fleet sales (last 5 years)</th><td class="field-content"><div class="field field-name-field-evolution-fleet-sales field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>In 2021, light & heavy commercial vehicles sales rose 26% to 128,664 units from 102,183 (source: OICA)<br /> <br /> 2020: 102,183 units<br /> 2019: 118,974</p> </div> </div></td> </tr> <tr class=""><th class="field-label">Top 5 fleet brands (fleet market)</th><td class="field-content"><div class="field field-name-field-top-5-fleet-brands-fleet field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>Some of the most popular light commercial vehicle brands in the country are Toyota, Volkswagen, Renault, Chevrolet, Ford.</p> <p> </p> </div> </div></td> </tr> <tr class=""><th class="field-label">Fleet Model preference top 5 (fleet market)</th><td class="field-content"><div class="field field-name-field-fleet-model-preference-top field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>Some of the best-selling light commercial vehicle models in the country are Toyota Hilux, Ford Ranger, Renault Kangoo, Volkswagen Amarok, and Peugeot Partner.</p> </div> </div></td> </tr> </tbody> </table> </div></div></div></div><div class="group-chapter-four-items field-group-accordion-wrapper effect-none" id="group-chapter-four"><h3 class="field-group-format-toggler accordion-item"><a href="#">Chapter 4: Taxation & legislation</a></h3> <div class="field-group-format-wrapper "><div class="field field-name-field-taxation-legislation field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><table style="margin:0px;"> <tbody> <tr> <td colspan="3" width="581"> <p style="text-align:center;margin:0px;"><b><span style="margin:0px;"><span><span>Argentina</span></span></span></b></p> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;">The basis of company car taxation in Argentina is reflected in this overview. Different types of taxes are considered here: taxes related to the registration of the vehicle, income taxes and VAT aspects. Expected future developments are also briefly listed, if any. </span></p> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>1.</b> </span></span><span style="margin:0px;"><b>Car taxation</b></span></p> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>1.1.</b> </span></span><span style="margin:0px;"><b>Registration tax</b></span></p> </td> </tr> <tr> <td width="168"> <p style="margin:0px;"><b><span style="margin:0px;">Taxable event</span></b></p> </td> <td colspan="2" width="414"> <p style="margin:0px;"><span style="margin:0px;">The taxable event includes the individual/Company’s purchase, importation, self-production, receiving as gift or award, or other forms of obtaining a taxable vehicle for personal-use.</span></p> </td> </tr> <tr> <td width="168"> <p style="margin:0px;"><b><span style="margin:0px;">Taxable person</span></b></p> </td> <td colspan="2" width="414"> <p style="margin:0px;"><span style="margin:0px;">Individual/ Company</span></p> </td> </tr> <tr> <td width="168"> <p style="margin:0px;"><b><span style="margin:0px;">Taxable due</span></b></p> </td> <td colspan="2" width="414"> <p style="margin:0px;"><span style="margin:0px;">Vehicle Purchase Tax payable = Market value * Tax rate (1,50% (National Vehicles) – 2% (Imported Vehicles))</span></p> <p style="margin:0px;"><span style="margin:0px;">Determination of market value for the initial registration:</span></p> <p style="margin:0px;"><span style="margin:0px;">The one that arises from the valuation table of the National Administration. When it is not possible to determine the value, and if they were new national imported automobiles or imported ones through intermediaries: the price of the good plus expenses and taxes resulting from the operation, according to the sales invoice or an equivalent document.</span></p> </td> </tr> <tr> <td width="168"> <p style="margin:0px;"><b><span style="margin:0px;">Taxable period</span></b></p> </td> <td colspan="2" width="414"> <p style="margin:0px;"><span style="margin:0px;">In one occasion only, at the moment of acquiring the vehicle.</span></p> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>1.2.</b> </span></span><span style="margin:0px;"><b>Annual circulation tax</b></span></p> </td> </tr> <tr> <td width="168"> <p style="margin:0px;"><b><span style="margin:0px;">Taxable event</span></b></p> </td> <td colspan="2" width="414"> <p style="margin:0px;"><span style="margin:0px;">The registration of vehicles is taxed in the corresponding provincial territory. </span><span style="margin:0px;">(Auto </span><span style="margin:0px;">Registration Fee)</span></p> </td> </tr> <tr> <td width="168"> <p style="margin:0px;"><b><span style="margin:0px;">Taxable person</span></b></p> </td> <td colspan="2" width="414"> <p style="margin:0px;"><span style="margin:0px;">The individual or company who register a vehicle with the administrative departments of vehicles within the territory of Argentina.</span></p> </td> </tr> <tr> <td width="168"> <p style="margin:0px;"><b><span style="margin:0px;">Taxable basis</span></b></p> </td> <td colspan="2" width="414"> <p style="margin:0px;"><span style="margin:0px;">The valuation of motor vehicles is calculated annually according to the characteristics and the values assigned by the chamber representing the automobile insurance activity, insurance companies, specialized publications and the chamber of official dealers.</span></p> </td> </tr> <tr> <td width="168"> <p style="margin:0px;"><b><span style="margin:0px;">Taxable period</span></b></p> </td> <td colspan="2" width="414"> <p style="margin:0px;"><span style="margin:0px;">The payment of the tax is annual, divided in 6 bimonthly installments.</span></p> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>2.</b> </span></span><span style="margin:0px;"><b>Income tax</b></span></p> </td> </tr> <tr> <td colspan="3" width="581"> <ul> <li style="margin:0px;"><span style="margin:0px;">Income taxes for car industry = Taxable Income * 30%</span></li> <li style="margin:0px;"><span style="margin:0px;">30% is the standard rate in Argentina for fiscal years closed between 1/1/2018 until 12/31/2019 and 25% for fiscal years closed from 1/1/2020 onwards, while the incentive rate may apply case-by-case.</span></li> </ul> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>3.</b> </span></span><span style="margin:0px;"><b>VAT</b></span></p> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>3.1.</b> </span></span><span style="margin:0px;"><b>General</b></span></p> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;">Enterprises recognized as general taxpayers are entitled to use the input tax to credit against the output tax.</span></p> <ul> <li style="margin:0px;"><span style="margin:0px;">Output VAT= Sales value * applicable VAT rate.</span></li> <li style="margin:0px;"><span style="margin:0px;">Input VAT= Purchase value * applicable VAT rate.</span></li> <li style="margin:0px;"><span style="margin:0px;"><span>VAT payable = (Output VAT – Input VAT)</span></span></li> <li style="margin:0px;"><span style="margin:0px;">S</span><span style="margin:0px;">tandard VAT rate is 21%.</span></li> </ul> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>3.2.</b> </span></span><span style="margin:0px;"><b>Leasing</b></span></p> </td> </tr> <tr> <td colspan="3" width="581"> <ul> <li style="margin:0px;"><span style="margin:0px;">21% VAT applied for car leasing business</span></li> <li style="margin:0px;"><span style="margin:0px;">In "leasing" contracts that have as purpose the lease with the option to purchase the automobile, the percentage of the tax that is computable as tax credit which falls on each fee and on the price established to execute the purchase option should be recorded.</span></li> </ul> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>4.</b> </span></span><span style="margin:0px;"><b>Company car</b></span></p> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>4.1.</b> </span></span><span style="margin:0px;"><b>Income tax - Deductible expenses and Depreciation</b></span></p> </td> </tr> <tr> <td colspan="3" width="581"> <ul> <li style="margin:0px;"><span style="margin:0px;">Deductible expenses: </span></li> </ul> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;">ü </span></span><span style="margin:0px;">Automobile maintenance: is deductible only up to ARS 7,200 per car for each fiscal year.</span></p> <ul> <li style="margin:0px;"><span style="margin:0px;">Depreciation and amortization:</span></li> </ul> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;">ü </span></span><span style="margin:0px;">Annual depreciation allowances for </span><span style="margin:0px;">trucks and automobiles: 20% per fiscal year.</span></p> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;">ü </span></span><span style="margin:0px;">Depreciation for automobiles, including those used for leasing, is deductible only up to that part of the acquisition cost not exceeding ARS 20,000 (net of VAT).</span></p> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>4.2.</b> </span></span><span style="margin:0px;"><b>VAT – Deduction</b></span></p> </td> </tr> <tr> <td colspan="3" width="581"> <ul> <li style="margin:0px;"><span style="margin:0px;">Input VAT</span><span style="margin:0px;"> is deductible only up to that part of the automobile acquisition (including leasing) cost not exceeding ARS 4,200.</span></li> <li style="margin:0px;"><span style="margin:0px;">In contrast to what is provided in Income Tax, in VAT there is no limitation to the calculation of the tax credit generated by automobile maintenance expenses, as long as they are allocated to taxable activities. </span></li> <li style="margin:0px;"><span style="margin:0px;">The tax credit related to leasing agreements with parking lots, garages and other similar is not computable.</span></li> </ul> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>4.3.</b> </span></span><span style="margin:0px;"><b>Company car in personal tax returns – benefit in kind</b></span></p> </td> </tr> <tr> <td colspan="3" width="581"> <ul> <li style="margin:0px;"><span style="margin:0px;"><span>Benefits in kind, including </span></span><span style="margin:0px;">travel allowances</span><span style="margin:0px;"><span> and car expenses, are fully taxable and are added to the individual’s income taxable base.</span></span></li> <li style="margin:0px;"><span style="margin:0px;"><span>If the Company recognizes car expenses related to the particular activity of the employees, such expenses have to be reflected in the salary receipt and are reached by the Income Tax rules.</span></span></li> <li style="margin:0px;"><span style="margin:0px;"><span>If they are associated to a request made by the Company and have the supporting evidence such as vouchers, they will be classified as “per diems”, not being considered as wage for the employee for the purposes of the social security and labor standards nor taxed on Income Tax. </span></span></li> </ul> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>4.4.</b> </span></span><span style="margin:0px;"><b>Leasing Financial - Accelerated depreciation</b></span></p> </td> </tr> <tr> <td colspan="3" width="581"> <ul> <li style="margin:0px;"><span style="margin:0px;"><span>In Income Tax the deduction of depreciation is allowed in an accelerated manner, considering the validity of the leasing contract. This represents a financial advantage, since this term is generally shorter than the useful life of the automobile. </span></span></li> <li style="margin:0px;"><span style="margin:0px;"><span>The cap provided for the depreciation of cars of ARS 20,000 is also applicable. </span></span></li> </ul> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>5.</b> </span></span><span style="margin:0px;"><b>Income taxes – drivers’ personal taxation</b></span></p> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>5.1.</b> </span></span><span style="margin:0px;"><b>Private car in the personal tax return</b></span></p> </td> </tr> <tr> <td colspan="3" width="581"> <ul> <li style="margin:0px;"><span style="margin:0px;">In relation to car expenses, when it is used for private use and to develop activities related to the Company, for the purposes of deducting Income Tax, you must estimate annually what percentage the car has been used for taxable activities.</span></li> <li style="margin:0px;"><span style="margin:0px;">In the case of brokers or salespeople, you can deduct when determining Income Tax, the estimated mobility, travel and representation expenses, the tax amortization of the vehicle and, where applicable, the interest for debts related to the acquisition thereof, and up to a maximum of 40% of the non-taxable profit.</span></li> <li style="margin:0px;"><span style="margin:0px;">Regarding taxis and similar vehicles, in which case the operation of automobiles is the main object of the taxable activity, the limitations regarding the deduction of depreciation and maintenance expenses do not apply.</span></li> </ul> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;"><b>6.</b> </span></span><span style="margin:0px;"><b>Excise Tax</b></span></p> </td> </tr> <tr> <td width="168"> <p style="margin:0px;"><b><span style="margin:0px;">Taxable event</span></b></p> </td> <td colspan="2" width="414"> <p style="margin:0px;"><span style="margin:0px;">Includes the transfer and importation of automobiles and motorcycles.</span></p> </td> </tr> <tr> <td width="168"> <p style="margin:0px;"><b><span style="margin:0px;">Taxable person</span></b></p> </td> <td colspan="2" width="414"> <p style="margin:0px;"><span style="margin:0px;">Producers, importers and merchants.</span></p> </td> </tr> <tr> <td width="168"> <p style="margin:0px;"><b><span style="margin:0px;">Taxable rate</span></b></p> </td> <td colspan="2" width="414"> <p style="margin:0px;"><span style="margin:0px;">Rates vary depending on the sales value of each type of good:</span></p> <p style="margin:0px;"><b><span style="margin:0px;">Automobiles and Diesel Engines: </span></b><span style="margin:0px;">0% (in effect until 12/31/2018)</span></p> <p style="margin:0px;"><b><span style="margin:0px;">Automobiles:</span></b></p> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;">- </span></span><span style="margin:0px;">Up to ARS 900,000: Exempt</span></p> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;">- </span></span><span style="margin:0px;">Higher than </span><i><span style="margin:0px;">ARS 900,000: 20%</span> </i></p> <p style="margin:0px;"><b><span style="margin:0px;">Motorcycles:</span></b></p> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;">- </span></span><span style="margin:0px;">Up to ARS 140,000: Exempt</span></p> <p style="margin:0px;"><span style="margin:0px;"><span style="margin:0px;">- </span></span><span style="margin:0px;">Higher than ARS 140,000: 20%</span></p> </td> </tr> <tr> <td width="168"> <p style="margin:0px;"><b><span style="margin:0px;">Taxable due</span></b></p> </td> <td colspan="2" width="414"> <p style="margin:0px;"><span style="margin:0px;">Excise duties are normally calculated on the sales price as including the excise tax itself and any other tax levied on the chargeable product except VAT.</span></p> </td> </tr> <tr> <td width="168"> <p style="margin:0px;"><b><span style="margin:0px;">Taxable period</span></b></p> </td> <td colspan="2" width="414"> <p style="margin:0px;"><span style="margin:0px;">At the time of acquisition</span></p> </td> </tr> <tr> <td colspan="3" width="581"> <p style="margin:0px;"> </p> </td> </tr> <tr> <td colspan="2" width="291"> <p style="margin:0px;"> </p> </td> <td width="291"> <p style="margin:0px;"> </p> </td> </tr> </tbody> </table> <p>Source: BDO (2018)</p> <p> </p> <p><strong>Biodiesel</strong><br /> <br /> As of January 2018, biodiesel exports have an 8% tax. Besides keeping more of the fuel at home, this will bring the market closer to the 27% export tax already being lobbied on soy oil.</p> <p>The Argentine government has approved a new emissions policy through resolution 797-E. As of January 15, 2018, automobile manufacturers and vehicle importers in the country will need to declare carbon dioxide emissions and fuel consumption amounts. </p> <p>In the meantime, while the European Union has lowered import duties from Argentine biodiesel exporters, the United States has increased its import duties.  </p> <p>Moreover, its worth pointing out that Argentina gives progressively increasing tax breaks on cars US$25,000 and more. </p> </div> </div><div class="contribute-links"><span class="label">To suggest an update:</span><div class="links"><a href="/en/user/login?destination=node/769368" class="btn login-link">Login</a> <span>or</span> <a href="/en/user/register" class="btn register-link">Create an account</a></div></div></div></div><div class="group-chapter-five-items field-group-accordion field-group-accordion-wrapper effect-none" id="group-chapter-five"><h3 class="field-group-format-toggler accordion-item"><a href="#">Chapter 5: Car policies</a></h3> <div class="field-group-format-wrapper "><div class="field field-name-field-car-policies field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>There isn't a standard car policy in Argentina as determining who gets a vehicle is directly related to the company's core business. Nevertheless, salesforce divisions are usually the ones that have more company vehicles and these types of cars are known as “job car” o “tool vehicle”. Managers and Directors also have vehicles. However, these vehicles are not necessarily related to the daily activity of the company and they are known as “benefit cars”.</p> <p>In terms of using vehicles for private and business use, many companies find it very difficult to measure and control their fleets parametres so cars frequenly end up being used for both purposes. Besides a lack of well defined policies, there is a lack of fleet management and telematics support in the country. </p> <p>When it comes to traffic violations, they are not easy to deal with in Argentina as it is difficult to access ticket information on a single unified platform. It is actually quite simple in the main cities, but accessing this information is much more difficult in small cities in far-away provinces.</p> <p>In terms of paying fines, it is usually the employees' responsibility. As legislation does not allow companies to make deductions from salaries, HR departments depend on the “goodwill” of the employee. In many cases, employees just end up paying off their tickets at the end of their policy when they have an option to buy the car (a common benefit given by companies). </p> <p>As for vehicle repairs, it depends on each and every policy. However, more companies nowadays rely on the expertise of fleet management companies to take care of this. However, there are still quite a few companies that have their own direct agreements with garages and repair shops. Accidents, on the other hand, are handled by insurance companies.</p> <p>Argentina's vehicle leasing market has experienced exponential growth over the last few years and there is still a high demand for renting & fleet management solutions.<br /> <br /> Nevertheless, there still a lot of ground to cover, especially for companies that still manage large vehicle fleets alone and without any type of outsourcing solution. </p> <p><em>Source: RDA Renting</em></p> </div> </div><div class="contribute-links"><span class="label">To suggest an update:</span><div class="links"><a href="/en/user/login?destination=node/769368" class="btn login-link">Login</a> <span>or</span> <a href="/en/user/register" class="btn register-link">Create an account</a></div></div></div></div><div class="group-chapter-six-items field-group-accordion field-group-accordion-wrapper effect-bounceslide" id="group-chapter-six"><h3 class="field-group-format-toggler accordion-item"><a href="#">Chapter 6: Funding methods</a></h3> <div class="field-group-format-wrapper "><div class="field field-name-field-funding-methods field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>Although car sales are on the rise, there are financial constraints in the country which explain why it is not necessarily because of financing. Due to high inflation (approximately 25% as of March, 2018), interest rates are also quite high. As such, the nominal value of a 3-4-year-old car could be higher than its nominal price when first purchased.<br /> <br /> This makes it very difficult for leasing companies or car buyers to get credit, which is already very expensive. In the end, those with cash on hand are more likely to buy cars than finance them,.</p> <p>To give you an idea, in April of 2018, the Central Bank of Argentina kept its benchmark interest rate at 27.3% and policymakers are not expecting much improvement for at least two years.</p> <p>It is the lack of credit coupled with the low demand for financing which explains why there are almost no funded fleets in Argentina.<br /> <br />  </p> </div> </div><div class="contribute-links"><span class="label">To suggest an update:</span><div class="links"><a href="/en/user/login?destination=node/769368" class="btn login-link">Login</a> <span>or</span> <a href="/en/user/register" class="btn register-link">Create an account</a></div></div></div></div><div class="group-chapter-seven-items field-group-accordion field-group-accordion-wrapper effect-bounceslide" id="group-chapter-seven"><h3 class="field-group-format-toggler accordion-item"><a href="#">Chapter 7: Fuel</a></h3> <div class="field-group-format-wrapper "><div class="field field-name-field-fuel field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>March 29, 2021<br /> Average gasoline price per liter: US$0.94 (world average is US$1.11)<br /> Average diesel price per liter: US$0.87 (world average is US$1.00)</p> <p>September, 2020<br /> Average electricity price per kWh Households: US$0.06 (world average is US$0.14)<br /> Average electricity price per kWh Business: US$0.04 (world average is US$0.12)</p> <p style="text-align: left;">Source: https://www.globalpetrolprices.com/gasoline_prices/</p> </div> </div><div class="contribute-links"><span class="label">To suggest an update:</span><div class="links"><a href="/en/user/login?destination=node/769368" class="btn login-link">Login</a> <span>or</span> <a href="/en/user/register" class="btn register-link">Create an account</a></div></div></div></div><div class="group-chapter-height-items field-group-accordion field-group-accordion-wrapper effect-bounceslide" id="group-chapter-height"><h3 class="field-group-format-toggler accordion-item"><a href="#">Chapter 8 : TCO components</a></h3> <div class="field-group-format-wrapper "><div class="field field-name-field-tco-components field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><div class="OutlineElement Ltr SCXW47308383" style="text-align: left;"> <p class="Paragraph SCXW47308383" style="text-align: left;"><i><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">Th</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">e top five factors that affect TCO in Argentina are I</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">nsurance (</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">approx. </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">ARS 2</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">,</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">000</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">/month</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">)</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">, Gas (approx. </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">ARS 30/</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">liter</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">)</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">, Financing (2018 local benchmark rate of 40%), Repairs and Maintenance, and Road Tax (approx. </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">ARS 1</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">,</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">500</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">/m</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">)</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">. Others could be registration (</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">6% of vehicle value)</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">, services, and tire changing.</span></span></i><span class="EOP SCXW47308383"> </span></p> </div> <div class="OutlineElement Ltr SCXW47308383" style="text-align: left;"> <p class="Paragraph SCXW47308383" style="text-align: left;"><br /> <i><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">Argentina has </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">very good </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">opportunit</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">ies</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383"> </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">when it comes to the need for reducing vehicle </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">TCO.</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383"> Many corporate clients have little control over their fleet expenses so having a business </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">partner, or a company to consult and control </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">every aspect </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">of costs brings forth a lot of benefit</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">.</span></span></i><span class="EOP SCXW47308383"> </span></p> </div> <div class="OutlineElement Ltr SCXW47308383" style="text-align: left;"> <p class="Paragraph SCXW47308383" style="text-align: left;"><br /> <i><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">Authorizing and registering </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">every car service, repair, maintenance, fuel reload, </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">among others, is key. Clients need to know e</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">xactly how much they </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">are </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">expending and </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">need to make use of the </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">tax benefits </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">stemming from invoices sent to them. </span></span></i><span class="EOP SCXW47308383"> </span><br />  </p> </div> <div class="OutlineElement Ltr SCXW47308383" style="text-align: left;"> <p class="Paragraph SCXW47308383" style="text-align: left;"><i><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">However, the problem in Argentina is that </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">companies </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">are usually not set up with </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">fleet management </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">aimed at really collecting and organizing information. </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">Usually</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">, </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">decision</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">s are made based on </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">the price of car</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">s</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383"> and the </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">discount</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383"> they </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">can get</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383"> from buying in large numbers. </span></span></i><span class="EOP SCXW47308383"> </span></p> </div> <div class="OutlineElement Ltr SCXW47308383" style="text-align: left;"> <p class="Paragraph SCXW47308383" style="text-align: left;"><br /> <i><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">Companies need to </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">consider the total cost of repairing, </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">fuel, </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">delays in the </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">delivery</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">, depreciation, lost opportunity,</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383"> and the real relationship between the car they need and the one they buy. All</span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383"> </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">of this is information companies need to know in order to make the best decisions.</span></span></i><span class="LineBreakBlob BlobObject DragDrop SCXW47308383"><span class="SCXW47308383"> </span></span><br class="SCXW47308383" /> <span class="LineBreakBlob BlobObject DragDrop SCXW47308383"><span class="SCXW47308383"> </span></span><br class="SCXW47308383" /> <i><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">Source: RDA </span></span><span class="TextRun SCXW47308383"><span class="NormalTextRun SCXW47308383">Renting</span></span></i><span class="EOP SCXW47308383"> </span></p> </div> <div class="OutlineElement Ltr SCXW47308383" style="text-align: left;"> <p class="Paragraph SCXW47308383" style="text-align: left;"><span class="EOP SCXW47308383"> </span></p> </div> <div class="OutlineElement Ltr SCXW47308383" style="text-align: left;"> <p class="Paragraph SCXW47308383" style="text-align: left;"><span class="EOP SCXW47308383"> </span></p> </div> </div> </div><div class="contribute-links"><span class="label">To suggest an update:</span><div class="links"><a href="/en/user/login?destination=node/769368" class="btn login-link">Login</a> <span>or</span> <a href="/en/user/register" class="btn register-link">Create an account</a></div></div></div></div><div class="group-chapter-nine-items field-group-accordion field-group-accordion-wrapper effect-bounceslide" id="group-chapter-nine"><h3 class="field-group-format-toggler accordion-item"><a href="#">Chapter 9: Safety, insurance and telematics</a></h3> <div class="field-group-format-wrapper group-chapter-nine field-group-accordion-item"><div class="field field-name-field-safety-insurance-and-telem field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>As of 1 January 2022, legislation in Argentina prohibits past versions (pre-2022) of the following vehicles from being sold in the country as they do not have ESP stability control. Subsequen version will only be permitted if they have ESP.</p> <table> <tbody> <tr> <td> <p>Brand </p> </td> <td> <p>Models </p> </td> </tr> <tr> <td> <p>Baic </p> </td> <td> <p>D20, Senova </p> </td> </tr> <tr> <td> <p>Chery </p> </td> <td> <p>QQ, Tiggo2, Tiggo3, Tiggo5 </p> </td> </tr> <tr> <td> <p>Chevrolet  </p> </td> <td> <p>Joy, Joy Plus </p> </td> </tr> <tr> <td> <p>Citroen </p> </td> <td> <p>C3, C3 Aircross, Berlingo </p> </td> </tr> <tr> <td> <p>Fiat </p> </td> <td> <p>Mobi, Fiorino </p> </td> </tr> <tr> <td> <p>Haval </p> </td> <td> <p>H1 </p> </td> </tr> <tr> <td> <p>Honda </p> </td> <td> <p>WR-V </p> </td> </tr> <tr> <td> <p>Kia </p> </td> <td> <p>Picanto </p> </td> </tr> <tr> <td> <p>Nissan </p> </td> <td> <p>Versa V-Drive </p> </td> </tr> <tr> <td> <p>Peugeot </p> </td> <td> <p>Partner, 2008 </p> </td> </tr> <tr> <td> <p>Renault </p> </td> <td> <p>Kwid, Sandero Manual, Stepway Manual, Logan Manual, Duster Oroch </p> </td> </tr> <tr> <td> <p>Volkswagen </p> </td> <td> <p>Gol Trend, Saveiro </p> </td> </tr> </tbody> </table> <p><strong>Road Safety</strong></p> <p>The Observatory for Urban Mobility (OMU) concluded that the rate of road fatalities in 2014 was about 3.5 persons for every 1,000 inhabitants in Buenos Aires. To address road safety, Argentina has set specific policies in place, among them under its recently created National Road Safety Agency. </p> <p><strong>Insurance</strong><br /> <br /> <span style="text-align: left;float: none;">Approximately 20% of the vehicles in Argentina are insured</span><br /> <br /> <span style="text-align: left;float: none;">Mandatory third-party vehicle insurance:</span><strong> </strong>Article 68 of Traffic Law 24,449 of 1995, provides that all automobiles, trailers or semi-trailers, must be covered by insurance covering any damage caused to third parties, whether or not transported. (Source: Mapfe 2017)</p> <p><strong>Telematics</strong></p> <p style="margin:0px 0px 13.33px;"><span style="margin:0px;">The Telematics service market is divided into two groups: the first one is made up of the larger companies that serve major accounts and offer a wide range of devices aimed at improving cost control and high-end reporting by means of an advanced dashboard service. The second group is made up of smaller vendors who mostly focus on tracking.</span></p> <p style="margin:0px 0px 13.33px;"><span style="margin:0px;">The use of Telematics in Argentina is widely spread across the trucking industry, where they have adopted all features and make good use of all available capabilities. </span></p> <p style="margin:0px 0px 13.33px;"><span style="margin:0px;">However, the light commercial fleet segment has failed to embrace the full potential of telematics so far, apart from specific vehicle location functions. The technology is available for them to use, but it has not happened yet.</span></p> <p style="margin:0px 0px 13.33px;"><span style="margin:0px;">This is an area where good, affordable options are readily available, all of which will pay off in the short term.</span></p> <p style="margin:0px 0px 13.33px;"><span style="margin:0px;">At present, some insurance companies in Argentina request that all vehicles worth more ARS 500,000 to be fitted with vehicle recovery devices.</span></p> <p>SOURCE: AutoCorp</p> </div> </div><div class="contribute-links"><span class="label">To suggest an update:</span><div class="links"><a href="/en/user/login?destination=node/769368" class="btn login-link">Login</a> <span>or</span> <a href="/en/user/register" class="btn register-link">Create an account</a></div></div></div></div><div class="group-chapter-ten-items field-group-accordion field-group-accordion-wrapper effect-bounceslide" id="group-chapter-ten"><h3 class="field-group-format-toggler accordion-item"><a href="#">Chapter 10: Environment</a></h3> <div class="field-group-format-wrapper "><div class="field field-name-field-environment field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>The Argentine government approved an emissions policy through resolution 797-E which, as of January 15, 2018, automobile manufacturers and vehicle importers in the country have needed to declare carbon dioxide emissions and fuel consumption amounts. The requirement is for manufacturers and importers of light automotive vehicles which fall under category M1 (those with no more than eight passenger seats, not including the driver) and N1 (vehicles transporting no more than 3,500k of cargo). </p> <p>The automotive companies must report the information to a technical operations unit, which hands out emissions certificates in addition to keeping track of co2 emissions and fuel consumption.</p> <p><strong>Electric Vehicles</strong></p> <p>EV sales rose 54% to 2,383 units in 2020 and the 2021 increase is likely to be higher, according to the country’s online information system for the automotive market SIOMMA.</p> </div> </div><div class="contribute-links"><span class="label">To suggest an update:</span><div class="links"><a href="/en/user/login?destination=node/769368" class="btn login-link">Login</a> <span>or</span> <a href="/en/user/register" class="btn register-link">Create an account</a></div></div></div></div><div class="group-chapter-eleven-items field-group-accordion field-group-accordion-wrapper effect-bounceslide" id="group-chapter-eleven"><h3 class="field-group-format-toggler accordion-item"><a href="#">Chapter 11: Mobility</a></h3> <div class="field-group-format-wrapper "><div class="field field-name-field-mobility field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><p>Even though the value of car ownership tends to be higher in Latin America, most bigger cities such as Buenos Aires provide bike sharing and ride hailing services. Argentina wants to transform its cities with the Cities 2030 plan, with a strong focus on transportation. The expansion of public transport, combined with the overall planning tool SUBE (Buenos Aires) should boost public transport.<br /> <br /> The share of cycling in Buenos Aires increased strongly over the past decade, thanks to electric and shared bikes.<br /> <br /> Finally, to cope with traffic congestion, air pollution and road safety, some cities in Argentina are at the forefront of mobility evolutions, such as shared, electrified, and smart mobility, as well as encouraging active and public mobility.</p> </div> </div><div class="contribute-links"><span class="label">To suggest an update:</span><div class="links"><a href="/en/user/login?destination=node/769368" class="btn login-link">Login</a> <span>or</span> <a href="/en/user/register" class="btn register-link">Create an account</a></div></div></div></div><div class="group-chapter-twelve-items field-group-accordion field-group-accordion-wrapper effect-bounceslide" id="group-chapter-twelve"><h3 class="field-group-format-toggler accordion-item"><a href="#">Chapter 12: Key trends to watch</a></h3> <div class="field-group-format-wrapper "><div class="field field-name-field-key-trends-to-watch field-type-text-long field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><ul> <li>Safety standards are evolving. In more and more Latin American countries, large companies are moving away from cheap models with little safety equipment and are now preferring international safety standards for their whole fleets (including ABS, airbags, seatbelts for all seats).</li> <li>It's early days for carsharing on most of the Latin American continent but interest is growing, helped by traffic congestion and rising environmental awareness in large cities.</li> <li><span><span><span><span><span><span><span style="text-align:start;"><span><span><span style="float:none;">By 2025, the Argentine vehicle market is seen reaching sales of 1 to 1.1 million vehicles, of which approximately 6,700 will be hybrid or electric cars, according to Frost & Sullivan.</span></span></span></span></span></span></span></span></span></span></li> </ul> </div> </div><div class="contribute-links"><span class="label">To suggest an update:</span><div class="links"><a href="/en/user/login?destination=node/769368" class="btn login-link">Login</a> <span>or</span> <a href="/en/user/register" class="btn register-link">Create an account</a></div></div></div></div><span property="dc:title" content="Argentina" class="rdf-meta element-hidden"></span> </article> </div> </div> <aside class="sidebars"> <div class="region region-sidebar-first"> <div id="block-bean-wiki-argentina-square1" class="block block-bean"> <div class="entity entity-bean bean-dfp-block clearfix" about="/en/block/wiki-argentina-square1" typeof=""> <div class="content"> <div class="field field-name-field-elements field-type-dpf-ads-field field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><div id="dfp-ad-wiki_argentina_square1-wrapper" class="dfp-tag-wrapper"> <div id="dfp-ad-wiki_argentina_square1" class="dfp-tag-wrapper"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display("dfp-ad-wiki_argentina_square1"); }); </script> </div> </div></div> </div> </div> </div> </div> <div id="block-gbl-globalfleet-sidebar-wikifleet-content" class="block block-gbl-globalfleet"> <div id="blue-right-content" class="blue-box "><div id="blue-right-first" class="blue-block"><h3><span><a href="https://www.globalfleet.com/node/767667">Directory</a></span></h3><div class="blue-block-content"><ul><li><a href="https://www.globalfleet.com/node/771822" class="link-company-logo"><img src="https://www.globalfleet.com/sites/default/files/styles/medium/public/arval_bl_v_e_q.png?itok=eU2MSZcT" class="company-logo" alt="Logo"/></a><a href="https://www.globalfleet.com/node/771822" class="link-company-name"><span class="title">Arval Brasil</span></a></li><li><a href="https://www.globalfleet.com/node/766938" class="link-company-logo"><img src="https://www.globalfleet.com/sites/default/files/styles/medium/public/mb-star_l_3coffice.png?itok=OldIC9Wt" class="company-logo" alt="Logo"/></a><a href="https://www.globalfleet.com/node/766938" class="link-company-name"><span class="title">Mercedes-Benz AG - International Corprate Sales Mercedes-Benz Cars</span></a></li><li><a href="https://www.globalfleet.com/node/766164" class="link-company-logo"><img src="https://www.globalfleet.com/sites/default/files/styles/medium/public/vwfs_sob_logo_tktm_grad_rgb_2row_website_180x108px.png?itok=w3biHxjn" class="company-logo" alt="Logo"/></a><a href="https://www.globalfleet.com/node/766164" class="link-company-name"><span class="title">Volkswagen Financial Services AG</span></a></li></ul></div></div></div> </div> <div id="block-bean-wiki-argentina-square2" class="block block-bean"> <div class="entity entity-bean bean-dfp-block clearfix" about="/en/block/wiki-argentina-square2" typeof=""> <div class="content"> <div class="field field-name-field-elements field-type-dpf-ads-field field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><div id="dfp-ad-wiki_argentina_square2-wrapper" class="dfp-tag-wrapper"> <div id="dfp-ad-wiki_argentina_square2" class="dfp-tag-wrapper"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display("dfp-ad-wiki_argentina_square2"); }); </script> </div> </div></div> </div> </div> </div> </div> <div id="block-bean-wiki-argentina-square3" class="block block-bean"> <div class="entity entity-bean bean-dfp-block clearfix" about="/en/block/wiki-argentina-square3" typeof=""> <div class="content"> <div class="field field-name-field-elements field-type-dpf-ads-field field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><div id="dfp-ad-wiki_argentina_square3-wrapper" class="dfp-tag-wrapper"> <div id="dfp-ad-wiki_argentina_square3" class="dfp-tag-wrapper"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display("dfp-ad-wiki_argentina_square3"); }); </script> </div> </div></div> </div> </div> </div> </div> </div> </aside> </div> <section class="skyscrapper"> <div class="region region-skyscrapper"> <div id="block-bean-skycrapper" class="block block-bean"> <div class="entity entity-bean bean-dfp-block clearfix" about="/en/block/skycrapper" typeof=""> <div class="content"> <div class="field field-name-field-elements field-type-dpf-ads-field field-label-hidden "> <div class="field-item even field-item-first field-item-last field-item-0"><div id="dfp-ad-gf_skyscraper-wrapper" class="dfp-tag-wrapper"> <div id="dfp-ad-gf_skyscraper" class="dfp-tag-wrapper"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display("dfp-ad-gf_skyscraper"); }); </script> </div> </div></div> </div> </div> </div> </div> </div> </section> </div> <div id="page-footer"> <div id="page-footer-columns"> <div class="region region-footer-left"> <div id="block-menu-block-5" class="block block-menu-block"> <h3 class="block-title"><span class="title-span">Regions</span></h3> <div class="menu-block-wrapper menu-block-5 menu-name-main-menu parent-mlid-218 menu-level-1"> <ul class="menu nav"><li class="first leaf menu-mlid-56816"><a href="/en/regions/global">Global</a></li> <li class="leaf menu-mlid-56844"><a href="/en/regions/africa-middle-east">Africa - Middle East</a></li> <li class="leaf menu-mlid-56845"><a href="/en/regions/asia-pacific">Asia Pacific</a></li> <li class="leaf menu-mlid-57919"><a href="/en/regions/europe-0" title="For GlobalFleet website ">Europe</a></li> <li class="leaf menu-mlid-56842"><a href="/en/regions/latin-america">Latin America</a></li> <li class="last leaf menu-mlid-56843"><a href="/en/regions/north-america">North America</a></li> </ul></div> </div> <div id="block-menu-block-7" class="block block-menu-block"> <h3 class="block-title"><span class="title-span">Thematics</span></h3> <div class="menu-block-wrapper menu-block-7 menu-name-main-menu parent-mlid-21900 menu-level-1"> <ul class="menu nav"><li class="first leaf menu-mlid-55274"><a href="/en/themes/fleet-strategy">Fleet Strategy</a></li> <li class="leaf menu-mlid-37133"><a href="/en/themes/leasing-and-rental">Leasing and Rental</a></li> <li class="leaf menu-mlid-37130"><a href="/en/themes/manufacturers">Manufacturers</a></li> <li class="leaf menu-mlid-55275"><a href="/en/themes/safety-environment">Safety & Environment</a></li> <li class="leaf menu-mlid-57933"><a href="https://www.fleeteurope.com/en/taxonomy/term/1519" target="_blank">Smart Mobility</a></li> <li class="leaf menu-mlid-37135"><a href="/en/themes/taxation-and-legislation">Taxation and Legislation</a></li> <li class="last leaf menu-mlid-55276"><a href="/en/themes/technology-and-innovation">Technology and Innovation</a></li> </ul></div> </div> <div id="block-block-11" class="block block-block"> <h3 class="block-title"><span class="title-span">Advertising</span></h3> <p>Want to capture the attention of the International Fleet and Mobility leaders?</p> <p><a class="btn" href="/node/59884#block-webform-client-block-763931">Contact us and become our partner!</a></p> </div> <div id="block-block-7" class="block block-block"> <h3 class="block-title"><span class="title-span">Visit our other websites</span></h3> <div class="company"> <div><a href="https://fleeteurope.com" target="_blank" title="Fleeteurope logo"><img alt="Fleeteurope logo" src="/sites/default/files/logo-fleeteurope.png" title="Fleeteurope logo" /></a></div> <div><a target="_blank" href="https://www.linkedin.com/company/18120898/"><img alt="Smartmobility logo" src="/sites/default/files/logo-smartmobility_0.png" title="Smartmobility logo" /></a></div> </div> <div class="society"><span>Powered by:</span> <a href="/en/node/761397" title="Nexus logo"><img alt="Nexus logo" src="/sites/default/files/logo-nexus.png" title="Nexus logo" /></a></div> </div> </div> <div class="region region-footer-center"> <div id="block-block-10" class="block block-block"> <h3 class="block-title"><span class="title-span">Wikifleet</span></h3> <p>WIKIFLEET is a free collaborative encyclopaedia providing knowledge about car fleet management all over the world</p> <p><a href="/wikifleet">Wikifleet</a></p> </div> <div id="block-block-12" class="block block-block"> <h3 class="block-title"><span class="title-span">Marketplace</span></h3> <p>The Global Fleet MARKETPLACE is the ONE guide to find fleet & mobility providers worldwide.</p> <p><a class="btn" href="https://marketplace.globalfleet.com/">Marketplace</a></p> </div> <div id="block-block-9" class="block block-block"> <h3 class="block-title"><span class="title-span">Visit the Knowledge Center</span></h3> <p>Get all the latest reports, guides, directories and magazines in our knowledge center</p> <p><a class="btn" href="https://www.fleeteurope.com/en/knowledge-center" target="_blank">Knowledge Center</a></p> </div> </div> <div class="region region-footer-right"> <div id="block-block-8" class="block block-block"> <h3 class="block-title"><span class="title-span">Contact us</span></h3> <p>Rue de Lantin 149</p> <p>B-4000 Liege BELGIUM</p> <p>Phone. +32 4 387 87 94</p> <p>Fax. +32 4 387 90 63</p> <p><a class="btn" href="/contact" title="Contact globalfleet"><span>Contact us</span></a></p> </div> <div id="block-menu-block-4" class="block block-menu-block"> <div class="menu-block-wrapper menu-block-4 menu-name-menu-social parent-mlid-0 menu-level-1"> <ul class="menu nav"><li class="first leaf menu-mlid-52356 facebook"><a href="https://www.facebook.com/globalfleet.be/" target="_blank">Facebook</a></li> <li class="leaf menu-mlid-52358 linkedin"><a href="https://www.linkedin.com/groups/4755735/profile" target="_blank">LinkedIn</a></li> <li class="leaf menu-mlid-52357 twitter"><a href="https://twitter.com/GlobalFleet" target="_blank">Twitter</a></li> <li class="last leaf menu-mlid-56783 youtube"><a href="https://www.youtube.com/user/NexusCommunication" target="_blank">Youtube</a></li> </ul></div> </div> <div id="block-gbl-newsletter-newsletter-embed-form-gf" class="block block-gbl-newsletter">  <link href="//cdn-images.mailchimp.com/embedcode/classic-10_7.css" rel="stylesheet" type="text/css"> <style type="text/css"> #mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif;} </style> <div id="mc_embed_signup"> <form action=https://fleeteurope.us15.list-manage.com/subscribe/post?u=49deb4e88e1caa22d53f38cef&id=b87860cc9c method="post" id="mc-embedded-subscribe-form" name="mc-embedded-subscribe-form" class="validate" target="_blank" novalidate> <div id="mc_embed_signup_scroll"> <h2>Subscribe</h2> <div class="indicates-required"><span class="asterisk">*</span> indicates required</div> <div class="mc-field-group"> <label for="mce-EMAIL">Email Address <span class="asterisk">*</span> </label> <input type="email" value="" name="EMAIL" class="required email" id="mce-EMAIL"> </div> <div class="mc-field-group"> <label for="mce-FNAME">First Name <span class="asterisk">*</span> </label> <input type="text" value="" name="FNAME" class="required" id="mce-FNAME"> </div> <div class="mc-field-group"> <label for="mce-LNAME">Last Name <span class="asterisk">*</span> </label> <input type="text" value="" name="LNAME" class="required" id="mce-LNAME"> </div> <div class="mc-field-group"> <label for="mce-MMERGE4">Company </label> <input type="text" value="" name="MMERGE4" class="" id="mce-MMERGE4"> </div> <div class="mc-field-group"> <label for="mce-MMERGE5">Job Title </label> <input type="text" value="" name="MMERGE5" class="" id="mce-MMERGE5"> </div> <div class="mc-field-group"> <label for="mce-MMERGE6">Country </label> <input type="text" value="" name="MMERGE6" class="" id="mce-MMERGE6"> </div> <div hidden="true"><input type="hidden" name="tags" value="816"></div> <div id="mce-responses" class="clear"> <div class="response" id="mce-error-response" style="display:none"></div> <div class="response" id="mce-success-response" style="display:none"></div> </div>  <div style="position: absolute; left: -5000px;" aria-hidden="true"><input type="text" name="b_49deb4e88e1caa22d53f38cef_b87860cc9c" tabindex="-1" value=""></div> <div class="clear"><input type="submit" value="Subscribe" name="subscribe" id="mc-embedded-subscribe" class="button"></div> </div> </form> </div> <script type='text/javascript' src='//s3.amazonaws.com/downloads.mailchimp.com/js/mc-validate.js'></script><script type='text/javascript'>(function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[3]='MMERGE3';ftypes[3]='text';fnames[4]='MMERGE4';ftypes[4]='text';fnames[5]='MMERGE5';ftypes[5]='text';fnames[6]='MMERGE6';ftypes[6]='text';fnames[7]='CHANNEL';ftypes[7]='text';}(jQuery));var $mcj = jQuery.noConflict(true);</script>  </div> </div> </div> </div> <div class="colophon"> <div class="wrapper-colophon"> <div class="copyright"> <span> © 2024 Nexus Communication S.A. </span> </div> <div class="region region-colophon"> <div id="block-menu-block-2" class="block block-menu-block"> <div class="menu-block-wrapper menu-block-2 menu-name-menu-colophon parent-mlid-0 menu-level-1"> <ul class="menu nav"><li class="first leaf menu-mlid-47616"><a href="/en/privacy-policy">Privacy policy</a></li> <li class="leaf menu-mlid-47618"><a href="/en/general-conditions-sale">General conditions of sale</a></li> <li class="last leaf menu-mlid-56600"><a href="/en/legals">Legals</a></li> </ul></div> </div> <div id="block-locale-language" class="block block-locale"> <ul class="language-switcher-locale-url"><li class="en first active"><a href="/en/wikifleet/argentina" class="language-link active" xml:lang="en">En</a></li> <li class="fr last"><a href="/fr/wikifleet/argentina" class="language-link" xml:lang="fr">Fr</a></li> </ul> </div> </div> <div class="gbl"> <a class="made-in-gbl" href="http://www.globulebleu.com" rel="nofollow" target="_blank" title="View Globule Bleu's website">View Globule Bleu's website</a> </div> </div> </div> <div class="region region-bottom"> <div id="block-block-19" class="block block-block">  <script type="text/javascript" id="hs-script-loader" async defer src="//js-eu1.hs-scripts.com/144570839.js"></script>  </div> </div>  <script src="/sites/all/modules/custom/wikifleet/js/wikifleet.chapters.js?sne4m3"></script> <script src="/modules/statistics/statistics.js?sne4m3"></script> <script src="/sites/all/themes/gbltoolbox/js/bootstrap.js?sne4m3"></script> <script src="/sites/all/themes/gbltoolbox/js/bootstrap3/collapse.js?sne4m3"></script> <script src="/sites/all/themes/gbltoolbox/js/bootstrap3/modal.js?sne4m3"></script> <script src="/sites/all/themes/gbltoolbox/js/bootstrap3/tooltip.js?sne4m3"></script> <script src="/sites/all/themes/gbltoolbox/js/bootstrap3/popover.js?sne4m3"></script> <script src="/sites/all/themes/gbltoolbox/js/bootstrap3/transition.js?sne4m3"></script> <script src="/sites/all/themes/gbltoolbox/js/modernizr-custom.js?sne4m3"></script> <script src="/sites/all/themes/gbltoolbox/js/jquery.ba-throttle-debounce.min.js?sne4m3"></script> <script src="/sites/all/themes/gbltoolbox/js/imagesloaded.pkgd.min.js?sne4m3"></script> <script src="/sites/all/themes/gbltoolbox/js/matchHeight.min.js?sne4m3"></script> <script src="/sites/all/themes/gbltoolbox/js/main.js?sne4m3"></script> <script src="/sites/all/themes/gbltoolbox/js/sticky-menu.js?sne4m3"></script>  <script type="text/javascript" src="//s7.addthis.com/js/300/addthis_widget.js#pubid=ra-59144e739d62e8d4"></script> </body> </html>