Spain, one of the countries worst hit by Europe’s debt crisis, posted a further 17-percent drop in car sales last month. Consumer registrations have now been in uninterrupted decline for more than two years, industry body ANFAC said.

Spain is in worse shape, of course. Given the state of things in Spain, maybe a 17% drop is better than it could be.

Published on August 1, 2012 in Auto Industry News

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