Toyota Argentina launches UVA financing line to rival state bank

Toyota Argentina introduced its own five-year UVA-linked financing for all models across its 44 dealerships, directly competing with Banco Nación's credit offerings. This marks a strategic shift by the automaker into captive financing amid high local interest rates, potentially pressuring state bank market share. The move signals deepening competition in Argentina's auto credit market, though uptake will depend on inflation dynamics affecting UVA adjustments.