May sees Spain’s 21st successive car sales gain in a row

SPAIN
May sees Spain’s 21st successive car sales gain in
a row

Published: Tue, 09 June 2015 15:31:19 GMT
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Spanish annual car sales history 2000 - 2014

Spanish patient finally responds to treatment, but it will be some time yet before the convalescing patient will again walk totally unaided

Like its Mediterranean counterparts Italy, Greece and neighbouring Portugal, Spain’s economy took a severe hammering during the only recently endured eurozone crisis.

The resulting chill has virtually halved Spain’s annual car sales.

That’s from a pre-crisis 1.6 million sales in 2007 to a two-decade low of just 0.72 million new car sales in 2013.

21 months
Successive months of unbroken growth in Spain's car market

The good news is however, that Spain’s battered and much decimated car market is finally on the mend, albeit with the help of a seemingly never ending car scrappage scheme.

After 21 successive months of unbroken growth, with double-digit expansion in most months, commentators now believe that Spain’s long endured car sales famine is well and truly over.

Hard on the heels of an unbroken sales recovery run that first started in September 2013, the current year kicked off much in the same manner, with sales growing far faster than could have been expected...more

MORE LIKE THIS:

> Italian consumers are back and buying 22 May 2015

> Europe’s car market remains on course for sunnier climes 11 May 2015

> All is not lost for Europe’s long-squeezed volume carmakers 13 April 2015

DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

SPAIN new CAR sales:
by manufacturer and marque
MAY 2015 V MAY 2014
5-MOnths 2015 v 5-Months 2014

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21 months Successive months of unbroken growth in Spain's car market

21 months
Successive months of unbroken growth in Spain's car market