August a good month for car sales, including in Canaries
Car sales grew 25.8 per cent in the Canary Islands in August, compared to the same month last year, to a total of 4,528 units.
The data from manufacturers’ associations (Anfac), dealers (Faconauto) and vendors (Ganvam ), also show that so far this year, sales have accumulated an increase of 9.6% (37,823 units).
In Spain, registrations of passenger cars and SUVs stood at 72,410 units during the month of August, up 13% compared to the same month of the previous year.
This increase in sales in August is explained by the strong push of deliveries in the channels of rental companies, which accounted for an increase of 41%, and of companies, with a rise of 19.2%, compared to the increase of 8.5 % of deliveries to individuals.
In the first eight months of the year, sales of cars in the domestic market reached a volume of 849,851 units, which translates into an increase of 6.9% compared to the 794,629 units registered in that period of 2016.
Given these data, Anfac Communication director Adolfo Randulfe described August as “a good month” in general terms and stressed that the monthly recovery of sales to individuals serves to compensate “a little” the setbacks experienced in three of the eight months of the year.
August also broke the trend experienced in the two previous months in which more gasoline cars were sold than diesel in Spain. Thus, last month, 44.7% of deliveries corresponded to gasoline models, compared to 48.3% of diesel and 6.9% of hybrids and electric.
So far this year, diesel is still ahead of gasoline, with a share of 49.4%, compared to 45.8% of gasoline cars. Hybrid and electric models, meanwhile, accounted for a penetration of 4.7%.
By segments, large minivans, with a decrease of 17.2%, and SUVs, with a decrease of 17.1%, were the only ones that fell in August, while in the first eight months also fell urban segments ( -2.9%), compact (-1.3%), medium (-8.4%), small minivan (-6.2%) and off-road vehicle (-6.5%).