SANTANDER, 1 (EUROPA PRESS)
Car registrations in Cantabria have reached 5,825 units during the first nine months of the year , representing a growth of 24.5% over the same period last year, 7.5 points above the average increase (17%) , according to data from the associations of manufacturers (Anfac), dealers (Faconauto) and sellers (Ganvam) made public this Wednesday.
In this way, Cantabria ranks as the third community in which registrations have increased the most from January to September after Canarias (40.8%) and Aragón (24.6%).
However, in the ninth month of the year, 652 passenger cars were registered in Cantabria, which represents 14.6% more than in the same month of 2013, more moderate growth after Castilla y León (12%) and more than eleven points lower than the average increase (26.2%).
In the whole of Spain, vehicle registrations stood at 640,673 units in the first nine months of the year, representing an increase of 17.2% over the same period of the previous year and the highest growth rate among the main European markets.
This progression occurs after the registrations reached 57,010 units in September, 26.2% more, driven by the PIVE Plan.
In a note, associations Anfac, Faconauto and Ganvam explain that, with the increase in September, are already thirteen consecutive months of increases in registrations, which brings the sector closer to the annual goal of 850,000 units for the whole of 2014.
Although the market is still 30% below 1998, when 1.2 million units were registered, the car is the only Spanish sector able to grow at double digits. In any case, “the risks persist”, warn the associations of the sector.
“The figures are still far from the potential levels of the Spanish market, which per capita income and economic development should approach 1.2 million units,” say the associations, before identifying the PIVE as “one of the most effective tools to boost consumption and the economy. ”
In fact, this incentive plan for the purchase of vehicles is presented as a “tool” that can “dispel” the “economic uncertainties” still present in the sector, they point out.
By channels, the individual once again leads the growth of the whole market. The PIVE Plan 6, which has consumed more than 50% of the funds, allowed a total of 36,610 units to be registered in September, with a growth of 27.6%.
Until September, this channel showed a growth of 21%, with a volume of 342,797 units. Six out of ten cars that were registered in September came from this channel.
On the other hand, the business channel continues with the positive trend and increases its registrations by 17.5% in the month, with 17,323 units. It is the ninth month of consecutive growth of this channel and accumulates an increase to September of 11.6%, with 154,672 units.
On the other hand, the channel of renting registered in the month of September 3.077 units, 76.5% more. In the first nine months of the year, this channel accumulated an increase of 15.1%, with 143,204 registrations.
POSITION OF THE ASSOCIATIONS
The director of Communication of Anfac, David Barrientos, stressed that “the car market in September again grows above 20%, becoming the main indicator that pulls Spanish private consumption, thanks to the good progress of the PIVE Plan”.
“We are still far from the potential levels of the Spanish market, there is a retained demand and also a deficit of renewal accumulated during the time of crisis.The objective of this year is to reach 850,000 units.We are on the way, but we must be more ambitious and recover the level that for economic development and potential correspond to Spain, “he said.
For his part, the president of Ganvam, Juan Antonio Sánchez Torres, said that “sales are advancing at cruising speed, that is, with a constant and uniform rhythm”, which will allow closing the year in the “optimistic” environment of the 875,000 units, that is, 21% more than a year before.
“We are still talking about levels 30% below the pre-crisis environment but symptomatic of a near recovery, encouraged by the forecasts of GDP growth for this year, the pick-up in consumption and some credit opening, although the ‘scoring’ ( guarantees to grant financing) for the purchase of car is still still high, “he said.
The president of the employer’s association Faconauto, Jaume Roura, said that “car sales in September have returned to be better than expected, and the important thing is that it does not stop consolidating, although little by little, the market” .
“Dealers expect this trend to continue in the last quarter of the year, in which the sales we make to families and individuals will continue to account for close to 60% of registrations and increase at a double-digit rate,” he said.