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Published on Wednesday, June 1, 2016 | Updated on Wednesday, June 1, 2016

Spain | The professional channel held passenger car registrations up in May

After adjusting for stationarity, BBVA Research estimations show that passenger car registrations stabilized in May, in line with what was expected. Sales of companies and rent-a-car businesses, which grew by 7% in respect to April, compensated the fall in private demand.