SPAIN: New car sales fall just 9% in January
New car sales in Spain were down 9.6% year-on-year in January at 49,671 according to car makers’ association ANFAC.
This was slightly better than December when sales fell 13.4% and ANFAC attributed the improvement to the continuing subsidy of EUR2,000 (US$2,700) per vehicle funded by Madrid and the industry.
In France, sales fell 15% to a paltry 124,952, the lowest January volume since 1997, according to industry association CCFA.
Meanwhile, in Italy, sales were down 17.58% year-on-year at 113,525. In December they fell 22.5% bringing the decline in 2012 to 19.87%.
Sectors: Vehicle markets
- ANALYSIS: ZF puts in place a growth strategy
- THE WEEK THAT WAS: Big fish eaten by bigger fish
- VEHICLE ANALYSIS: MY2014 Peugeot 2008 1.2 VTi 82
- COMMENT: The UK's Scotland and EU parallels
- ANALYSIS: Mercedes-Benz future model plans
- PARIS DEBUTS: Kia Optima diesel hybrid concept
- Largest Rolls-Royce order ever bound for Macau
- Jaguar launches India assembled XJ
- Lotus to restructure and up to 325 jobs could go
- GM Holden starts axing engineers - report
- Global Carsharing Market 2014-2018
- Bayerische Motoren Werke Aktiengesellschaft (BMW) - Financial and Strategic SWOT Analysis Review
- PLDB - vehicle cycle plan database (annual subscription)
- OLED Display Forecasts 2014-2024: The Rise of Plastic and Flexible Displays
- Jaguar Land Rover: Providing remarkable growth throughout the economic downturn