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Spain: July brings no respite for the car market

Following a 12.1% year-on-year decline in new passenger car registrations in June 2012, the market contracted 17.2% in July, falling to 65,332 units. Registrations were down compared with the 78,914 cars registered in July 2011, and 73,258 in June this year. According to figures released by the Spanish automotive industry association, It’s time to log … Continued

Following a 12.1% year-on-year decline in new passenger car registrations in June 2012, the market contracted 17.2% in July, falling to 65,332 units. Registrations were down compared with the 78,914 cars registered in July 2011, and 73,258 in June this year.

According to figures released by the Spanish automotive industry association,

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