Friday, July 1, 2016

Sales of new cars rose by 11.2 percent in June – Investing.com Spain

MADRID (Reuters) – Car sales in Spain rose 11.2 percent to 123,790 units in June, said on Friday the employers vehicle manufacturers Anfac <. / p>

the sector closed the best quarter since 2008, with a sales volume of 623,234 vehicles, 12.2 percent more than in the same period last year, said the employers.

the employer attributed the improvement to increased disposable income of households due to lower bank rates, lower mortgage payments, tax reform and lowering the CPI, reducing energy costs for families and lowering fuel price.

has also contributed PIVE plan, which implements public aid for the purchase of a new car, which has seen an acceleration of reserves because the deadline to avail themselves expires 31 July.

by 2016, manufacturers expect sales growth of about 10 percent.

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