Car manufacturers and the iPhone generation

543 More

Earning the right to be successful

532 More

Knowledge is power

607 More

Selling cars – it’s all about timing

847 More

Truemag

  • Home
  • About
  • Advertise
  • Archives
  • Contact
  • Subscribe

Spanish car sales down 37.6% in October

Figures revealed by Spanish car makers association ANFAC (Asociación (Nacional) de Fabricantes de Automóviles y Camiones ) show sales of new cars in Spain fell 37.6% in October and is the country’s fourth straight double-digit monthly drop following the end of government subsidies.

New car sales fell 61,366 units after slipping 26.9% in September.

“The October fall reflects a drop in the market to levels not seen for 15 years,” ANFAC said. “If the automobile market does not recover, Spain will be less attractive to maintain current production levels.”

Government subsidies to help people buy new cars ran out at the start of July, coinciding with an increase in sales tax (VAT), which prompted a peak in retail and large item sales in June.

Car sales to individual buyers, the largest component of total sales, fell the most and were down more than 50 percent in October, ANFAC said.

Source: Reuters

Nov 2, 2010MTI
  • Mercedes sales slip back in Europe as BMW and Audi increase luxury car sales
  • Spanish car sales up 25 percent in December
  • Chinese car sales up 76 percent in October
  • German new car sales up 24 percent in October
  • Scrappage continues to slow Spainish car sales decline
  • Decline in Spanish new car sales slows as scrappage takes effect
  • The art of converting car buying enquiries into salesNew SEAT Alhambra MPV arrives in showrooms
    You Might Also Like
     
    Look out for Lulu down at the auctions
     
    Chrysler appoint more UK dealerships
    MTI
    10 years ago Manufacturers, News44
    Most viewed
    Top 100 UK Dealer Groups
    38,667 views
    The car sales process and the “9 point plan”
    10,755 views
    webuyanycar review – They will buy any car but beware of the asterisk
    5,432 views
    Most commented
    Car sales and the power of silence…
    25 Comments
    Car dealers still not prepared to play the “we buy any car” game
    23 Comments
    A Traders Tale – Part Four
    22 Comments
    Win a pre-loaded Ipod Shuffle!
    19 Comments
    Bargain of the Week – StreetKa 1.6i Luxury
    14 Comments
    Bridal Hair Berkshire
    Fox Body to 2018 Mustang Parts
    and Accessories
    About MTI

    Motor Trade Insider
    is written by people working actively in the motor trade for people on the inside and people on the outside.

    Our aims
    Build a bridge between consumers and the trade, create Interesting and informative content, break down barriers and create better understanding, expose bad practices and rip-offs and promote outstanding products and service.
    Have something to say?
    We are always looking for experienced writers who can write good original quality posts on motor-trade-insider.com. Please contact us if you would like us to consider you. Make sure you give us details of your own blog or a link to some articles you have written.
    2017 © Motor Trade Insider
    Truemag theme by StrictThemes