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Wednesday, August 27, 2008

Car registrations fall massively in August

With only four days left in the month, it is expected there will be a fall of 40 per cent in new car registrations in Spain in August when compared with a year earlier. The last comparable fall in new car registrations was in January 1993, which recorded a fall of 51 per cent against the previous year. For the period January-August this this the drop in registrations is expected to be 20 per cent