Spain: New car discounts rise to record levels

According to Antonio Romero-Haupold, President of the Spanish franchised dealer association Faconauto, the average discount on new cars in Spain reached a record €3,245 (US$3,987) in May this year. Expenditure on such efforts to move stock by manufacturers and retailers was 18% higher than in the same month Subscribe to Automotive World to continue reading … Continued

• By Webmaster
• July 10, 2012