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Spain: LCV market up 9% in 2010 due to a low base

Although light commercial vehicle registrations in Spain fell year-on-year in December 2010 by 2.6% down to 10,279 units, positive sales earlier in 2010 and a low base effect resulted in LCV registrations last year increasing 9% compared with 2009 levels, up to 115,945 vehicles. The Spanish automotive industry association (Anfac) says It’s time to log … Continued

Although light commercial vehicle registrations in Spain fell year-on-year in December 2010 by 2.6% down to 10,279 units, positive sales earlier in 2010 and a low base effect resulted in LCV registrations last year increasing 9% compared with 2009 levels, up to 115,945 vehicles.

The Spanish automotive industry association (Anfac) says

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