Wednesday, April 1, 2015

Easter and PIVE launch the car market that … – Yahoo Cars

Madrid, April 1 (EFE) .- The operations of rental companies who expect a good Easter in economic terms, and purchases of individuals have launched the Spanish market for cars and SUVs in March, the month in which grew by 40.5% year on year, up to 112,299 registrations

The data have now provided the automotive manufacturers associations (Anfac ), sellers (Ganvam) and auto (Faconauto) have highlighted that it is the first time in more than four and a half years, the car market exceeds 100,000 units a month.

Also They have emphasized that with the rise in March, the Spanish market now totals 8 consecutive quarters upwards.

With regard to so far this year, the cumulative increase is 32.2 % compared to the same period in 2014, to the 267,224 registrations.

All channels have been significant increases during the month of March.

The individual has risen to 36, 1%, with a total of 50,926 units, the PIVE.

The channel business has grown by 34.2% (to 25,563 units) and 52.6% of landlords and 35,810 units per Good Easter season is expected.

In the period from January to March particular channel grew 30.2% to 136,898 units, the companies 27.4% and 63,601 units and of renters 41.8% to 66,725 units.

For Anfac Communications Director, David Barrientos, the 8 quarters of continuous growth that adds market practically coincide with the various editions of the Plan PIVE of aid for the purchase of efficient vehicles.

It therefore considers that certainly still need to shore up consumer confidence, economic growth and job creation.

Ganvam president, Juan Antonio Sánchez Torres, also warns that the PIVE Plan is the one acting as a lifeguard and to prevent a “break” occurs in the market calls for a new edition is approved, the eighth since today it is about to run out of budget.

Sánchez Torres states that are not claiming a sector “constantly encouraged” but the continuation of the aid in the buyer to have not only managed to activate the demand and stop the destruction of jobs in the distribution sector, but removed from the car park near a million vehicles over ten years.

The president of the management of Faconauto dealers, Jaume Roura, has warned that the good news that for the first time in four years, has closed a month to precrisis levels should not prevent the sector continue to have “feet on the ground” because it “can cost you dearly.”

Although he says that “breathes in the atmosphere a real recovery” of the sector, this improvement is “insufficient” because you have to also recover a return in line with the turnover of dealers and money outlets have been advanced for the delay in approving the current PIVE 7. EFE

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