Jump to content
House Price Crash Forum

Spain: Crisis? What Crisis? Car Sales Roar Ahead 44.6%

Recommended Posts


Spain auto sales soar 44.6% in May
12:06, Tuesday 1 June 2010
New car sales soared by 44.6 percent in Spain in May from the figure for the same month last year on the back of a government incentive programme which is about to end, industry data showed on Tuesday.

Lotsa dough still around in Spain then. :lol:

Link to post
Share on other sites

Looks like car companies here are now offering 'swappage' here so you can get 2 or 3 thousand off now. Scrappage was a waste of taxpayers money and waste of cars, many were scrapped that should still be on the road.

It's because IVA is going up to 18% on 1 July so people have brought forward their purchases.

Link to post
Share on other sites

Anyone any idea when the new car sales figures for the UK come out ?

That's gonna be worth watching !!!

I'd hazard a guess they might be somewhat lower than the previous quarters.

It might start afresh the car people going to the government to ask for more free cash.

As the man says tho "no money left"

Link to post
Share on other sites

That is only relevant if the supply of money is finite. It isn't.

That's only relevant when someone is prepared to make up more money and lend it to themselves.

How much more of that they are prepared to do is probably outside anyone in the U.K.s control.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 434 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.