MADRID – Employment grew at official franchised auto dealers in Spain for the first time in a long time, but retailers continued to lose money and more retailers are expected to exit the business in 2014, FACONAUTO, the country’s dealer association, reveals. FACONAUTO President Jaume Roura says 900 new jobs were created in 2013, following five years of crisis that saw new-car sales fall 65%. Some 50,000 jobs were lost and the ranks of official auto dealers cut down by a ...
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