Spanish trade association ANFAC has reported that February car sales declined 48.8% to 62,107 units.
Go deeper with GlobalData
The February result compares with a 41.6% fall in January. In the first two months of the year car sales in Spain stand at 121,492 units, 45.5% down on last year.
Spain’s car market has collapsed as the country’s economy nosedived in 2008 – and the car market collapse worsened in the second half.
The depressed level of the Spanish car market is igniting a debate about government support measures, with some in the industry calling for more to be done. February’s figures will certainly add weight to those calls.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
