Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Spain

Spanish Autos Industry On High Alert, Seeks Government Support

June 2008 | Industry News

The Spanish auto industry is on high alert after sales plunged by 24% in May leading to an overall drop of 14.3% year-on-year (y-o-y) for the first five months of 2008. This is clearly much worse than the earlier prediction of a 4% drop in car sales this

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