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New car sales slump in Spain as the economic slow-down bites
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By h.b. - Jun 2, 2008 - 5:45 PM
Sales of new cars in May were down 24 percent compared to a year ago, and the high prices of diesel resulted in a ten per cent reduction in consumption.
More signs of the economic crisis in Spain today with the revelation that new car sales in the country in the month of May this year are down 24.3% compared to last.
In addition the amount of diesel used over the month is ten percent down on the year, the first fall for six months and an indication that drivers are economising as diesel reaches record high prices at the pumps.
The number of cars and four wheel drive vehicles registered over the month of May this year was 116,108, compared to 153,396 last year, according to the car manufacturers association ANFAC and vendors GANVAM.
For the first five months of the year as a whole sales are 14.3% down on last year at 587,407, a reduction of nearly 100,000.
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New car sales slump in Spain as the economic slow-down bites
larger | smaller
By h.b. - Jun 2, 2008 - 5:45 PM
Sales of new cars in May were down 24 percent compared to a year ago, and the high prices of diesel resulted in a ten per cent reduction in consumption.
More signs of the economic crisis in Spain today with the revelation that new car sales in the country in the month of May this year are down 24.3% compared to last.
In addition the amount of diesel used over the month is ten percent down on the year, the first fall for six months and an indication that drivers are economising as diesel reaches record high prices at the pumps.
The number of cars and four wheel drive vehicles registered over the month of May this year was 116,108, compared to 153,396 last year, according to the car manufacturers association ANFAC and vendors GANVAM.
For the first five months of the year as a whole sales are 14.3% down on last year at 587,407, a reduction of nearly 100,000.
mobile |
email this article |
printer friendly page
del.icio.us |
digg |
technorati |
yahoo |
Stumble It!
Reddit |
Newsvine |
Meneame |
Wikio
Blink |
Google |
Fresqui |
MSN reporters |
Live Spaces
My Space |
Fark |
Mixx |
Twitter
Readers' comments:
Please keep to the subject. Opinions published here are of our visitors, not the Typically Spanish team. Comments which go against Spanish laws or which are libellous are not allowed. We reserve the right to delete any comment we wish.
Por favor, céntrate en el tema. Son las opiniones de los internautas, y no las de Typically Spanish. No está permitido verter comentarios contrarios a las leyes españolas o injuriantes. Reservado el derecho a eliminar los comentarios que consideremos fuera de tema.
Por favor, céntrate en el tema. Son las opiniones de los internautas, y no las de Typically Spanish. No está permitido verter comentarios contrarios a las leyes españolas o injuriantes. Reservado el derecho a eliminar los comentarios que consideremos fuera de tema.









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