Automakers rose between 1.2% and 2% in June, and several have risen by more than 3% in the last two months.

At the close of the first week of the month, the major automotive brands sent their new price lists to their dealer networks, most of which included increases between 1.2% and 2% on average. This Friday, the Stellantis automakers ( Peugeot, Fiat, Citroën, DS, Jeep, and RAM ) did so, with a 1.9% increase, and so did Volkswagen , which raised its prices by 1.8% on average.

In the case of the German brand, its most affordable model, the VW Polo Track, went up to 29.7 million pesos, while the entry-level version of the Nivus (170TSI) was priced at $31.99 million. The Amarok range starts at $44.7 million (Trendline manual 4x2) and reaches the top of the range with the V6 Black Style ($80.6 million).

Among the Fiats and Peugeots, their best-selling models are the Cronos (now $24.1 million for the entry-level GSE version) and the 208 ($24.5 million for the Active with manual transmission). The Peugeot 2008 now starts at $34.2 million (Active), while the most affordable model in the Stellantis range, the Fiat Mobi, now costs $20.7 million.

Throughout the beginning of the week, price adjustments had been made by Ford ( 2% average), Toyota ( 1.9% ) and General Motors ( 1.2% ), Renault (1.7%), Toyota ( 1.9% ) and Ford ( 2% ).

In most cases (with the exception of Ford, which had not raised its prices in May), it was the second increase following the warning Minister Luis Caputo had issued at the beginning of May, stating that the government would use "tools" to "defend consumers."

Caputo had reacted to a rumor that Stellantis was going to raise its prices by over 3% that month. That ultimately didn't happen, as the owner of the Fiat and Peugeot factories in the country ended up increasing its prices by 1.8%. Adding the June increase, its vehicles have accumulated an average increase of over 3.7% .

Toyota followed (up 1.5% in May and 1.9% in June, or 3.4% ), Renault (up 1.4% in May and 1.7% in June, or 3.1% ), Volkswagen (up 1.3% in May and 1.8% in June, or 3.1% ) and General Motors (up 1.4% in May and 1.2% in June, or 2.6% ). Ford, which did not raise prices in May, increased its price by an average of 2% this month.

The adjustments are taking place within a context of increased imported competition and also tax reductions: the government eliminated the PAIS tax, which taxed both the import of finished vehicles and imported auto parts for production. It also eliminated the first tier of domestic taxes, thereby increasing the range of mid-priced vehicles that had been "taken off the market" due to this tax. This context of tax relief is compounded by a slowdown in inflation and a stabilized dollar in the middle of the new exchange rate band.

But automakers point out that the devaluation that followed the lifting of the currency controls raised the price of the imported dollar by 8%, in addition to the increase in inflation in March and April, which totaled 6%.