Spain Car Sales Data

Sales of New Cars In Spain – Data, Trends, Charts & Analysis

Here you will find annual car sales figures for Spain. These statistics are Total Market Volumes, which include passenger cars as well as light commercial vehicles (LCVs).

Since the late 1990s, the Spanish car market has fluctuated between 750,000 and 2 million sales, peaking in 2005 at over 1.9 million units, but in 2008 sales started an almost 60% decline in 5 years to its lowest volume in modern history in the aftermath of the global financial crisis. From 2014 to 2018 the market recovered sharply, almost doubling in six years time. This streak was broken in 2019 with a 4.1% decline. LCV sales typically make up around 15% of total car sales in Spain, but peaked at over 20% in 2005 and dipped below 10% in 2012 as businesses are usually more affected in times of economic crisis.

Spain Automotive Sales Data & Recent Highlights

As you can see, the Spanish car sales market has been recovering in recent years. The market has been growing at an average annual growth rate of 2.7%. There are a number of factors that have contributed to the recovery of the Spanish car sales market. These include:

• The economic recovery: The Spanish economy has been recovering in recent years, which has led to an increase in disposable income.
• The introduction of new incentives: The government has introduced a number of new incentives for car buyers, such as a reduction in VAT.
• The increase in demand for SUVs: SUVs are becoming increasingly popular in Spain, as they are seen as more practical and comfortable than sedans.

Despite the recovery, the Spanish car sales market is expected to face some challenges in the coming years. These challenges include:

• The rise in inflation: Inflation is rising in Spain, which could make cars more expensive.
• The shortage of semiconductors: The shortage of semiconductors is affecting the production of new cars, making it difficult to find cars for sale in Spain.
• The increase in used car prices: The price of used cars has increased in recent years, making them more affordable than new cars.

Overall, the Spanish car sales market is expected to remain positive in the coming years. However, there are some challenges that the market will need to address in order to maintain its growth.

Here are some of the trends in the Spanish car sales market:

• The increasing popularity of SUVs: SUVs are becoming increasingly popular in Spain, as they are seen as more practical and comfortable than sedans. In 2022, SUVs accounted for 42.4% of new car registrations in Spain. This is up from 38.0% in 2021.
• The growing popularity of electric vehicles: Electric vehicles are becoming increasingly popular in Spain, as the government offers incentives to encourage people to buy them. In 2022, electric vehicles accounted for 8.5% of new car registrations in Spain. This is up from 5.8% in 2021.
• The increasing popularity of online car buying: More and more people are buying cars online in Spain. In 2022, 15.0% of new car purchases were made online. This is up from 12.0% in 2021. The convenience and flexibility of online car buying are driving its popularity.

These are just some of the trends in the Spanish car sales market. The market is constantly evolving, so it is important to stay up-to-date on the latest trends.

Interesting Spain New Car Sales Stats

• Best Sales Year Volume: 1,634,608 units sold
• Worst Sales Year Volume: 699,589 units sold
• Average Sales Per Year: 1,105,570.9 units sold
• Total Sales Units (since 1990): 36,483,840 units sold

Spain New Motor Vehicle Sales Table

Spain New Motor Vehicle Sales Chart

Sources: Manufacturers, ANDC, JATO Dynamics.