MADRID – The Spanish auto industry closed 2009 with 955,146 new-car registrations, down 17.8% from prior-year. Although the result is better than the 30% decline forecasted had the government’s 2000E Plan incentive scheme not been implemented in May, most industry players consider 2009 a less-than-stellar sales year. The government’s incentive program was named for the €2,000 ($2,841) paid to new-car buyers who scrapped a vehicle more than 12 years old. “Until the launch of the 2000E ...
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