Spain is one of the countries of the European Union that worse is happening with the economic crisis. New vehicle sales sank to levels already forgotten and it seemed that the situation would not fix. However, the Plan PIVE came into our lives a double problem. On the one hand trying to rejuvenate the average age of the vehicle fleet in Spain and on the other part to encourage the sale of new vehicles.
However, as every action has a reaction, the PIVE Plan wasn’t going to be less. During the time that have lasted its eight extensions new at Spain vehicle sales has substantially improved, especially in the sales channel that most damaged was that of individuals. They but like everything in this life, the joys are not eternal and it seems that the death of the Plan PIVE will bring new problems.
According to the National Association of retailers of Motor vehicles (Ganvam) since Plan PIVE died last September 30 new vehicles sales to individuals have grown but have laid off the two-digit number. These data are reported in the sales accounted for during the first fortnight of October. What we carry month sales of passenger cars and SUVs to individuals have only grown by 2 percent, so it is seeing signs of stagnation in this channel.
In the words of Juan Antonio Sanchez Torres, President of Ganvam, If the channel of private individuals continues to decline the pace of purchases will be very difficult that forecasts are achieved which it had estimated at the beginning of the year. In this way the market would be a safe distance from the 1.150.000 units that the employer had set as a goal. Therefore, Sanchez recalls that supports and incentives for the purchase of vehicles are necessary both for private customers and for the coffers of the Government since much of these AIDS reverses positively on them.
We hope that when there is a new Government agreed the importance of sector automobile for Spanish GDP and propose a new plan of incentives towards the purchase of new vehicles.
Source – Ganvam