Spain's Sept new car sales down 36.8 percent year on year

MADRID | Mon Oct 1, 2012 10:28am BST

MADRID Oct 1 (Reuters) - Spanish car sales fell by 36.8 percent in September on an annual basis, according to car manufacturers' association ANFAC on Monday, after a rise in value-added tax from Sept. 1 kept consumers away from concessionaries.

New car sales rose by 3.4 percent in August ahead of the tax hike. (Reporting By Robert Hetz; Writing by Paul Day; Editing by Tracy Rucinski)
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