Spain's new car sales plummeted 96.5 percent year-on-year to an all-time low of 4,163 units in April, following a 69.3 percent tumble in the previous month, as the country was under lockdown and dealerships were closed during the month as a result of the COVID-19 outbreak.
Total Vehicle Sales in Spain averaged 91522.17 from 1984 until 2020, reaching an all time high of 177375 in July of 2004 and a record low of 4163 in April of 2020. This page provides the latest reported value for - Spain New Car Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain New Car Sales - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: ANFAC - Asociacion Espanola de Fabricantes de Automoviles y Camiones
Total Vehicle Sales in Spain is expected to be 140800.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Total Vehicle Sales in Spain to stand at 99500.00 in 12 months time. In the long-term, the Spain New Car Sales is projected to trend around 105500.00 in 2021, according to our econometric models.