Spain new car sales rise 34.4 pct in October - Anfac

November 4, 2013


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

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

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

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

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

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

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