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Spain new car sales up 13.7 pct yr/yr in August

Source: Reuters - Mon 1st Sep 2014
Spain new car sales up 13.7 pct yr/yr in August

New car sales in Spain rose 13.7% in August from a year ago, the 12th straight month of increases, car manufacturers' association ANFAC said on Monday.

A total of 45,355 cars were sold in August, ANFAC said.

A government subsidy scheme, which gives buyers of new vehicles a rebate for turning in old cars, has helped buying.

Car sales in January-August reached 583,663, a 16.4% rise on the same months in 2013 and the best performance over that period since 2010.

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