Scrappage

Spain renews scrappage program for the last time

May 13, 2015 13:00 CET

New-car sales in Spain will continue to be boosted by subsidies after the government said it will renew a scrappage program for the last time.The program has helped to fuel car sales for the last 20 months after the country fell into a severe recession....
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Russian car sales fall 42% to lowest April level for a decade

May 13, 2015 15:17 CET

Russian new-car sales fell 42 percent in April, the lowest level for the month in a decade, as the country's economy continued to be hit by Western sanctions, low oil prices and a weak currency....
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Russian auto market decline slows in November

Dec. 8, 2014 14:31 CET

Russian car sales fell 1 percent in November compared with 10 percent the month before as a state scrappage program and a rush to buy cars ahead of price increases helped the country's troubled auto market....
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Spain's sales up 17% in November on subsidy boost

Dec. 1, 2014 12:15 CET

The growth in new-car sales in Spain slowed to 17 percent in November but the extension of a scrappage program helped to encourage buyers, industry association Anfac said. Year-to-date registrations are up 18 percent....
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Weak ruble, gov't subsidy slow Russia's sales decline

Nov. 12, 2014 15:14 CET

Russian car sales fell 10 percent last month, slowing from a 20 percent drop a month earlier, as the weak ruble and a government subsidy started to provide benefits....
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Russian market in free fall as Ukraine crisis curbs demand

Oct. 9, 2014 11:53 CET

Russia's auto market is in free fall with new-car sales plunging by 20 percent last month following a 26 percent drop in August as buyers worried about the country's sanctions-hit economy avoid large purchases....
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Russia car sales fall 26% in August as Ukraine crisis hits confidence

Sept. 8, 2014 15:05 CET

New-car sales in Russia fell by 26 percent in August after a 23 percent decline the previous month as Western sanctions over the conflict in Ukraine hit consumer confidence....
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Spanish car sales rise 14% in August

Sept. 1, 2014 11:47 CET

Spain's new-car sales rose 14 percent to 45,355 in August, the twelfth straight month of increases, car manufacturers' association Anfac said....
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Russia pledges 207 million euros to resume car scrappage scheme

Aug. 28, 2014 12:19 CET

Russia will reintroduce a scrappage scheme to help stimulate car sales after deliveries in the market fell 23 percent in July as the crisis in Ukraine continues to hit consumer confidence....
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Recovery on track as western Europe car sales rise 5%

Aug. 8, 2014 06:01 CET

Car sales in western Europe grew by 5 percent in July to a little more than 1 million vehicles, bringing sales for the first seven months to 7.4 million, according to analyst LMC Automotive....
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