Spain’s automobile industry reports 26.4% sales growth in October
Submitted by Antonio Carretero on Fri, 11/06/2009 - 05:25
According to a report by Spain’s automotive industry association Anfac, new car sales rose significantly year-on-year in October 2009 by 26.4% from 77,686 units sold earlier to 98,202 units this year.
Out of total sale during Oct 2009, diesel powered cars held a major share of 71%, as compared to a 21% share of gasoline powered cars. The figure remained the same as in September 2009.
The few brands, which recorded year on year sales growth to date, were Chevrolet, Dacia and TATA motors with hike of 0.3%, 13.1%, 15.3% respectively for a ten month period.
In May, the administration started providing 2,000 euro ($2,948) subsidies to new car purchasers, besides a 700 million euro subsidy to replace old vehicles with energy efficient cars.









