MADRID – Used-vehicle prices increased 1.6% in the first half of 2014 in Spain, due to inventory shortages and a 1.8% uptick in demand for midsize and luxury vehicles, according to German consultancy AutoScout24. Audi, BMW, Mercedes-Benz and Volkswagen were the brands in greatest demand during the period, accounting for 34% of the used-car market, up slightly from 33.4% year-ago. Audi sales through May increased 38% compared with prior-year, followed by VW (33.8%), Mercedes (27.8%) and ...

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