Spain Renews Car-Subsidy Program

Newswire

MADRID, Oct 17 (Reuters) - Spain on Thursday said it would extend for the third time a scheme to subsidise purchases of new cars that has helped reverse a fall in sales in the country. Sales of new cars grew in Spain in September, and in France as well, raising hopes that the worst may be over for a western European auto market enduring its weakest year in two decades. Spain's auto industry group Anfac said new car sales in the country jumped 29 percent to more than 45,000 cars ...

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