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Spanish decline steady but still 9.8% down

t is not just the French who are still seeing sales falling and despite the Spanish government introducing a new subsidy to boost car sales Anfac, the car manufacturer’s association announced a 9.6% fall to 58,373 cars. With Germany and Italy sales out next week and expected to also repeat the pattern and with the weaker pound making product dumping in the UK less attractive it has to be a matter of time before more production cuts are announced. http://www.reuters.com/article/2013/03/01/autos-spain-sales-idUSL6N0BT40820130301