Car Sales In Spain, France In Ruins

Bertel Schmitt
by Bertel Schmitt
car sales in spain france in ruins

And now, back to the usual blood and tears from Europe: July new cars sales dropped 7 percent in France and thudded 17 percent in Spain “as consumers cut back on costly goods in the face of economic uncertainty,” says Reuters.

Registrations in troubled Spain have been in straight decline for more than two years, industry body ANFAC said told Reuters. “That trend will not change in the short term even though the discounts on offer are about the best in history,” ANFAC chief economist Aranzazu Mur said.

Commonly cocky Volkswagen received a taste of blood and tears when Spanish sales of Seats plunged 35 percent

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  • MeaCulpa MeaCulpa on Aug 01, 2012

    I'm feeling the Spaniards pain, but, every cloud has a silver lining. Might the lining this time be VW killing the useless SEAT brand? I cant imagine what good it does besides sales in Spain, in the rest of the world I have a hard time imagining the brand contributing to VAG's total sales.

    • See 3 previous
    • MeaCulpa MeaCulpa on Aug 01, 2012

      @W.Minter My expectations are not high judging from experience: It might seem like a good car until the new Golf launches, and it might seem like a good deal until the new Octavia hits the showroom floor, oh and Seat's styling will look fresh about as long as it takes for the first cars to reach consumers. But VAG works in mysterious ways so anything can happen.

  • Dank Dank on Aug 01, 2012

    "Commonly cocky VW" ? This writer doesn't have the ability to put bias aside - like many inexperienced writers. VW has earned, earned the right to be among the best auto companies in the world. Great management, products, and engineering proven by huge sales growth and 20 billion in profict last year and this year. Or maybe it's just dumb luck? Unlikely. The companies who haven't put in the work or made the right decisions are now complaining about VW. Jealousy isn't pretty is it?

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    • Toucan Toucan on Aug 01, 2012

      dank > “Commonly cocky VW” ? This writer doesn’t have the ability to put > bias aside – like many inexperienced writers. You are so new here...

  • Stuntmonkey Stuntmonkey on Aug 01, 2012

    > VW has earned, earned the right to be among the best auto companies in the world. I've had a clutch assembly, alternator, and radiator reservoir that would beg to differ...

    • Asdf Asdf on Aug 01, 2012

      Meh... that's just peanuts in the grand scheme of things. That's not to say VW's reliability is as good as some people believe it to be, it seems to me that Americans are more realistic about it, whereas Europeans think it's a lot better than it actually is (to wit: if you have a problem with a VW group car, it's just because you've got a lemon or some random bad luck, but if you have a problem with, say, a French or Italian car, it's because they're all unreliable crap and you should have known better than to buy one in the first place).

  • Beemernator Beemernator on Aug 01, 2012

    Car sales are just another symptom of an economy in dire straits. Unemployment is somewhere north of five million. Thousands of new flats remain unsold. Newly built airports have never seen a plane arrive or depart.