Car sales in Spain in June up 13%, more than 100,000 units, but still below pre-pandemic levels

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Intermoney| According to data published by the employers’ associations of manufacturers (Anfac), dealers (Faconauto) and sellers (Ganvam), car sales in Spain maintained a positive performance in June, with growth of 13.3%, accelerating the rate of increase of close-on 8% of the previous two months.

More than 101k vehicles were registered in June (the first time since December 2020 that the hundred thousand mark has been surpassed), bringing cumulative sales in the first six months of the year to over 505k units, up 24% compared to H1’22. Despite this strong rise and the highest figure in the last four years, sales are still well below pre-pandemic levels (down 27% compared to the same period in 2019).

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The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.