MADRID – Car sales took a dive in Spain in June, falling 31.8% from year-ago levels, according to Faconauto, the Spanish federation of auto dealers associations. German Lopez, chairman of Aniacam, the Spanish association of auto importers, says the now-evident crisis was signaled two years ago, when the consumer-confidence index began its decline and new-car demand initially began to soften. “The first half of 2006 showed sales (down) 0.6% vs. the same period of 2005, and the first half ...
Premium Content (PAID Subscription Required)
"Spanish Car Market Takes Dive" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.