The potential approval of labor reform in Argentina may significantly impact the automotive market, leading to projections of a 10% to 13% decrease in car prices. This change is tied to discussions around eliminating internal taxes on vehicles, as explained by tax specialist Sebastián Domínguez. He notes that the current tax is based on the terminal price, not the retail price, and that adjustments could be made accordingly should the law pass in Congress.

The proposed reform includes a subsection on tax changes, which stands to benefit consumers looking to purchase vehicles by making them more affordable. However, the exact impact on car prices would vary by brand, based on their sales volumes and product pricing strategies. Experts indicate that the ripple effect of such tax changes is not uniform across the market, suggesting a nuanced landscape for brands depending on their operations and the composition of their sales.

Ultimately, if the labor reform is approved, it would not only amend the financial framework governing car sales but also have broader implications for consumer purchasing power in Argentina. This could also lead to shifts in consumer behavior and expectations within the automotive industry as market players brace for potential changes.