Valencia bucks national trend as car sales fall

NEW car registrations fell in January by 13.8 per cent in the Valencia region compared to the same month in 2013, but rose in the Murcia region.

According to the Automobile Manufacturers Associations (Anfac) and car organisations Ganvam and Faconauto, the industry nationally saw an increase for the fifth consecutive month.

The associations say the announcement by the Government of the approval of the PIVE 5 Plan will help boost car sales throughout the year and is expected to drive the market above 800,000 vehicle sales in 2014.

Ganvam president, Juan Antonio Sánchez Torres, said that without the approval of PIVE 5, nationally, the figures “would probably would have ended the month in negative.”

Valencia region saw the largest drop in the number of car sales, followed by Navarra which saw a fall of 3.6 per cent in sales last month compared to January 2013. Murcia, at the opposite end of the spectrum, saw sales increase by 10 per cent, above the national average.