Follow Spain Immigration and Spain Economic news: The Spanish Association of Automobile and Truck Manufacturers (ANFAC) recently announced that Spain's car sales maintained year-on-year growth for the fourth consecutive month last month, and the cumulative sales for 2013 also ended two consecutive years of decline.
In December 2013, Spain's new car sales increased from 51,197 units in the same period of 2012 to 60,513 units, a year-on-year increase of 18.2%; the country's total new car sales for the entire year reached 722,703 units, an increase of 3% compared to 2012.
The rebound in the Spanish car market is mainly due to the car purchase incentive plan launched by the government. The Deputy Prime Minister of Spain announced in late October that 70 million euros would be allocated to launch a new round of car purchase incentive policies. This policy is expected to last for half a year, and new cars with a local market price of no more than 25,000 euros are eligible for this discount.
Looking at the cumulative sales in 2013, the car manufacturer with the highest sales in the Spanish market was Volkswagen, with sales reaching 63,927 units; the SEAT brand followed closely, ranking second with 59,096 units; Peugeot and Opel brands ranked third and fourth with 57,225 units and 54,445 units, respectively.
