The lack of incentives on the purchase of new cars has prompted forecasts 2018 sales should prioritize 0.05 percent lower than expected this year.

The consulting firm specializing in the automotive world MSI (Market Intelligence Systems) has revealed in a report vehicle sales in 2018 will decrease for the first time since 2011, which will mean a cessation of growth that had been repeating for the last five years. It is estimated that 1,187,000 vehicles sold, 0.05 percent less in 2018 than this year, in which 1,188,000 registrations are expected.

For five years the increase in vehicle sales has been steady. This year 2017, registrations improve by 3.6 percent data last year in which enrollment of 1,146,000 cars were registered.

The usencia aid as PIVE plans It has resulted in the decline of a sector that was already accusing the absence of such stimuli. The private channel has been slowed its growth since there are no subsidies with which to renew vehicles more than 10 years. It is expected that in the case of private cars, sales are 1.8 percent lower at 2017, in which foresees a total figure of 630,293 vehicles sold.

Although in 2017 the number of new car registrations in sales to individuals will grow by 1.6 percent, the sector and start resenting this August, of which is expected to end by bringing the 2018 to a situation where delivered 618,944 new vehicles, about 11,000 fewer cars this year.

In the meantime, professional channel itself maintains a bullish outlook. Despite the expected drop in 2018, Business sales will grow this year in a 7.8 percent, over 3,400 units, and you alquiladoras also increase its sales 3.2 percent (A total of 212,585 registrations). Despite this, next year this growth will slow, especially in the case of companies, in which an increase of 1.2 percent in sales is expected, while in the case of alquiladoras will be 3 , 1 percent.

A key sector for the state

In preparing these forecasts, the consultant MSI has taken into account the total absence of aid for buying cars in 2018, and the truth is that there has been no statement from the government that we have stated otherwise. Sector automotive represents the 10 percent of the GDP of our country If the distribution and indirect activities generated by this market includes. In Europe, Spain is the second largest automaker and the first if we talk about commercial vehicles. Of these, more than 80 percent of the built cars are exported to over 100 countries.

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