Spanish new car sales increased by 2pc to 75,708 units in November compared with 74,228 units in the prior month, according to Asociación Española de Fabricantes de Automóviles y Camiones (ANFAC).
The “limited” restrictions imposed by the Spanish government through evening curfews and travel restrictions between affected regions have had a lesser detrimental impact on new car sales in the country compared with France or Italy.
Moreover, government stimulus programs and new vehicle purchase incentive schemes have lessened the impact of partial lockdowns and depressed consumer spending.
ANFAC noted that the government stimulus program has sufficient funding (€250mn) to promote car sales through the scrapping of vehicles more than 10 years old for the remainder of 2020.
Spanish new car sales stood 18.7pc lower in November compared with pre-COVID-19 sales volumes of 93,155 units in the same month a year earlier. Car rental companies that have delayed renewing their fleets in response to international travel restrictions and a decimated tourism industry remain the largest contributing factors to lower sales.