Spanish car sales marked a full year of decline in June with little sign of any imminent recovery, while French sales also fell as the end of car scrappage incentive schemes weighed. Spanish car makers association ANFAC said that sales fell 31.4 percent in June from a year ago, marking a full year of declining sales after the removal of government subsidies last July.
France too was badly hit by the end of a government incentive scheme that ended in December 2010. French car makers' association CCFA reported passenger car sales fell for the third consecutive month in June and by 12.6 percent in June year-on-year. In May they dropped 8.3 percent and in April 11.2 percent.
The Spanish data took sales back to levels not seen since 1993, ANFAC said, with the average age of cars on the road now 10 years. In Europe the average is seven years it said. "The passenger car market is not showing any signs of recovery in Spain, it continues to fall at high and constant levels," ANFAC said in a press release. The association said that car sales fell by 26.8 percent in the first half of the year. Sales decreased in June to 83,385 units from 121,184 units a year ago.
In France sales of light utility vehicles were down 10.1 percent in June year-on-year. France's scrapping incentive scheme ran out in December 2010 but consumers who bought cars as part of the scheme could register them until the end of March 2011.
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