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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Las matriculaciones de turismos y todoterrenos caen un 41,6% en el mes de enero

Registrations of passenger cars and SUVs fall 41.6% in the month of January

02/02/2009

February 2, 2009

According to figures provided by the associations of manufacturers (Anfac) and sellers (Ganvam), registrations of passenger cars and SUVs in the month of January they amounted in Spain to 59.385 units, a figure that in comparison with the 101.621 of the same month of last yearIt means a step backwards from 41.6%. In this way, the year begins with the second worst month of January in history, only surpassed in drop by on the year 1993, whose fall was 53% and must roll back to the year 1996 (59.090 registrations) to find a similar figure in the first month of a year.

The reporting sources pointed out that statistics give an idea of the situation of the market, because to 450,000 cars less were they enrolled in 2008, adds a start of year with 42,000 registrations less in segments that represent three of every four automobile sales in Spain.

Anfac and Ganvam associations allude to the "seriousness of the situation of economic and financial as the cause" and the effect of this behavior of automobile sales, so it has of creating an environment of insecurity and distrust among consumers. For this reason, claims administration return to stimulus measures with direct aid, in line with the extinct Plan include, as they have refereed countries in the environment, such as Germany, with 2,500 euros, and France, with 1,000 euros, and AustriaPortugal and Italy.

Related Companies or Entities

Ganvam - Asociación Nacional de Vendedores de Vehículos a Motor, Reparación y Recambios

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