New-car sales in Spain fell 8.8 percent to 100,701 in February, the market’s sixth consecutive monthly decline, according to industry association ANFAC. Last month had the same number of selling days as February 2018.
Sales to private customers dropped 12 percent to 46,272 units in February, while those to rental companies fell 19 percent to 21,677. Registrations by companies bucked the trend with a 4.7 percent increase to 32,752.
Diesel-car registrations suffered a 29 percent drop to 30,078 with a market share of 29.9 percent, 1 percentage point higher than in January but down from 38.2 percent in February 2018. Sales of gasoline cars were down 1.2 percent to 60,621 for a 60.2 percent share. A year ago, it was 56.4 percent.
Sales of all electrified vehicles — battery electric and hybrids — jumped 43 percent to 10,002 and took a 9.9 percent market share, up from 6.3 percent in February 2018.
Alberto Tapia, of the dealer association GANVAM, said he does not see signs of improvement in the short term; He said the political climate does not help consumer confidence. The Spanish government, having been defeated in Parliament on the 2019 budget law, has called for a snap election to take place April 28.