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 Daily news from the Canaries and the islands' biggest English language newspaper on-line
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Daily news from the Canaries and the islands
   Daily news from the Canaries and the islands' biggest English language newspaper on-line

Healthy signs of recovery
Car sales continue to thrive
Last month brought further cheer for the car sector in the Canaries, with dealers reporting an increase of over 11 per cent in new car sales compared to October of last year.


Canarian car sales are on the up
Canarian car sales are on the up
© Vince S Freeimages.com

line
22.11.2015 - The positive performance, in the form of nearly 7,000 vehicle registrations, continues the steady growth seen throughout 2015 and further consolidates the recovery enjoyed by a sector that contributes a considerable portion of the region’s GDP.

Although cars continue to make up the bulk of the sales, the number of commercial vehicle registrations also saw a steep rise and the annual increase is expected to be above 20 per cent by the year end, confirming the more optimistic business outlook in the Canaries.

Further signs that the recovery is well under way in the tourism industry can be seen in the fact that car hire vehicles accounted for half of the total number of new sales in October.

 



Gallery: Car sales continue to thrive
Canarian car sales are on the up 
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