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Spain | The fall in passenger car sales in March took the shine off a positive quarter

Published on Friday, April 1, 2016 | Updated on Friday, April 1, 2016

Spain | The fall in passenger car sales in March took the shine off a positive quarter

Once the data is seasonally adjusted, BBVA Research estimations show that passenger car registrations were reduced by a monthly 9% in March, which was more than expected. All in all, the first quarter of 2016 closes with a rise in sales of 3,6% QoQ, 5pp more than in 4Q15.

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