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SPAIN
Less pain in Spain
Strong recovery but car sales still remain miles off pre-crisis levels

Published: Mon, 04 Aug 2014 09:34:55 GMT
 

Spain SEAT dealership Red Cross 2014

Scrappage incentive helped boost Spainís car sales to a level not seen for years, but in spite of 10 successive good gains in a row, at this yearís halfway stage sales still trail pre-crisis 2007 levels by almost a half

A new mood of optimism has gripped Spainís long-suffering car dealers following news that one of Europeís previously hardest-struck car markets has grown by a strong 23.9 per cent in June after rising strongly for nine successive months in a row. 

10
Number of continuous monthly gains in Spain's new car sales since last year


The fifth double-digit gain in six months brings Spainís half-year car sales total to 454,942 units, up 17.8 per cent over last yearís comparative total.

Whichever way Spainís most recent car sales performance is looked at, the consensus view is that it now resembles a market that is well and truly on the mend
...more 


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DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

SPAIN new CAR sales:

by manufacturer and marque
June 2014 v June 2013
6-MONTHS 2014 v 6-MONTHS 2013

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