Spain SEMA Market Reports
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Spain car sales are expected to achieve a new record with volume projected to reach more than 1.6 million units in 2005. The record follows a 9% sales increase that resulted in an unprecedented 1.5 million new passenger vehicle sales in 2004. Small-size cars are the most popular choice of Spanish consumers, although light truck sales are growing rapidly and represented 18% of the total in 2004. Spain is the fifth-largest car market in Europe, trailing Germany, France, the UK and Italy. Spain is among the top five markets for the specialty industry and is therefore very important. “We do more business in Spain than we do in France,” noted Thomas Wunderlich of McGard.