Passenger car registrations continue to decline

Fernando Alvarez     3 May 2011     1 min.
Passenger car registrations continue to decline

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The car market in Spain simply is still not recovering, even though it was said that recovery was just around the corner. Passenger car registrations recorded a 23.3% drop in April, with a total of 71,808 units. Whether or not Holy Week is taken into account, the figures remain in line with the start of the year, with a sustained 26.6% drop in sales.

As always, the figures showing positive numbers are those for purchases by companies and rental firms. Company purchases have shown an 8.6% increase so far this year, with a total of 88,230 units.

On the rental side, demand has recorded a 13% increase, with a total of 68,632 registrations in the January–April period. Curiously—or perhaps not so much, since it is no surprise— companies and rental firms already own 56% of the Spanish market…

The model ranking continues to be led by the Seat Ibiza, with the Corsa and the Golf in second and third place, respectively, so far this year. In April specifically, the Ibiza remains at the top, although the Megane has taken second place, very close to the Ibiza in units sold. The two brands that sell the most models by total volume are Seat and Volkswagen.

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Source | Anfac

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