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Spain car sales continue to tumble

Source: Reuters - Fri 1st Jul 2011

Spanish car sales marked a full year of decline in June with little sign of any imminent recovery, while French sales also fell as the end of car scrappage incentive schemes weighed.

Spanish car makers association ANFAC said that sales fell 31.4 percent in June from a year ago, marking a full year of declining sales after the removal of government subsidies last July.

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