Sales of motor vehicles in Spain jumped by over 26% for the month of October, when compared to the same month in 2008. The main cause of this leap is said to be the Spanish government subsidy, which is seemingly doing what it was intended, and propping up the weak Spanish car industry.
The 26.5% increase was reported by the Spanish car manufacturers association, ANFAC, September was also buoyant, up 18%. This is a big turnaround from the beginning of the year when sales were down by nearly 25%, in reality making this a 50% increase, when compared to the early months of 2009.
Nearly 100,000 units were sold in October, as sales continue to climb since the government announced a 2000 euro subsidy in May.