Spain new car sales rise 34.4 pct in October - Anfac

Reuters

MADRID, Nov 4 (Reuters) - Subsidies boosted Spanish carsales for the second month running in October, carmanufacturers' association Anfac said on Monday.

Sales rose 34.4 percent year-on-year in October after a 28.5percent rise in September.

Some 60,301 new cars were registered in October after 45,174in the same month a year earlier, the association said.

Internal demand remained low but government schemes hadrevitalised a lackluster market, Anfac said.

Company car registrations rose in October for the first timeafter 20 months of falls, up 7.6 percent, to 18,728 cars.

Across all sectors, more than 715,000 new registrationswould be completed this year, Anfac forecast.

"We're optimistic not just about the rest of the year butalso about a clear improvement in business in 2014," said JaumeRoura, head of car dealers association Faconauto.

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