For the consultant, “the automotive sector, for example, presents a fundamental problem.” If we take the case of a Fiat Mobi 0 km that was quoted before the stocks on imports at $ 2,609,400 million pesos, now if we see this same vehicle following the government measures we will see the following.
According to the historical record on the participation of imported elements in this sector it is 47%, for which now the car importer must obtain dollars to acquire the imported part.so you should go to your parent company to get dollars or go to the financial market through the dollar “Contado con Liqui”.
If the latter resorts to the capital market, which would be the fastest option so as not to run out of car stock, we will see that today it is generating that a car of 2 million pesos is achieved in the absence of dollars, at 4 million pesos, this It happens in the face of the new exchange gap that exceeds 150% between the official exchange rate and the dollar in its parallel price.
“In many cases, it is likely that the industries still have stock levels because there was an advance of imports trying to anticipate a potential devaluation or restriction in the quotas of access to the single market and free of changes or gaps in the parallel price as we are seeing .
However, the prices in the domestic market begin to position themselves more by looking at the gap than the official exchange rate, especially in those inputs that went from automatic to non-automatic licenses and see the probability of inconveniences to replenish their current stock. It is essential to go towards a calm in the foreign exchange market. Many companies are not granting prices once more and have paralyzed operations” indicated Damián Di Pace Director of Focus Market Consulting.