Spain's new car sales slipped 11.1 percent from a year earlier to 116,868 vehicles in July 2019, following a 8.3 percent decline in the previous month. Total Vehicle Sales in Spain averaged 91869.45 from 1984 until 2019, reaching an all time high of 177375 in July of 2004 and a record low of 23090 in January of 1986.
Total Vehicle Sales in Spain is expected to be 61700.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Total Vehicle Sales in Spain to stand at 140800.00 in 12 months time. In the long-term, the Spain New Car Sales is projected to trend around 105500.00 in 2020, according to our econometric models.