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Spain's New Car Sales Plunge 72.7 pct in May

https://en.steelhome.com [SteelHome] 2020-06-03 09:22:05

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The sales of new saloon cars and off-road vehicles in Spain plummeted 72.7 percent in May year-on-year over the same period of 2019, according to data published by the Spanish associations of car manufacturers (Anfac), sales (Ganvam) and showrooms (Faconauto) on Monday evening.

Last month, a total of 34,337 vehicles were sold, compared with 125,623 units sold in May of 2019.

May's fall came after a year-on-year nosedive of 96.5 percent recorded in April when only 4,163 new cars were sold in Spain, as showrooms were forced to close as part of the Spanish government's anti-coronavirus restrictions.

For the first five months of 2020, just 257,202 vehicles were sold, down 54.2 percent year-on-year from the same period of 2019.

May's figures came just days after Japanese car manufacturer Nissan said it would close its plant in Barcelona with the loss of around 3,000 jobs, and the Spanish automobile sector has asked for government help to stimulate the sector.

Source: Xinhua
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