01-09-2009ALBERT GEA - REUTERS - X01398

Last month, 2,064 new cars were registered, nearly three per cent more than during the same period last year, according to the vehicle industry. During the first ten months of the year, the total number of new cars and four-by-fours that were sold reached 26,634, 27 per cent up on the previous year when 20,911 were sold during the same period.

Today, the Spanish vehicle manufacturers’ association Anfac reported that, at a national level,  new car sales rose 5.2 per cent year on year in October to 80,005, marking the best October since 2009 and 26 straight months of rising sales. This also follows a 22.5 per cent annual rise in new car sales in September, and October 2015 included two fewer working days than October 2014. So, the industry is feeling confident of a sustainable upturn in business.

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Steve Riches / Hace over 6 years

Most of this improvement in living standards and disposable income here in Mallorca comes via the tourist industry, which Barcelo is about to injure with his Tourist Tax. At the moment, Mallorca is doing well from a great £1 sterling v Euro exchange rate, and also from the terrorist activities in places like Egypt, Turkey and Tunisia that make people feel safer here. That situation may well continue to Mallorca's advantage, but if it does, the tax will still hit numbers, there still are other holiday destinations perceived as safe. The more chilling worry is that anywhere frequented by the British is a potential terrorist target, and the fact is that (historic ETA stuff apart) the Balearics may so far have avoided attack but will need to be diligently awake to the possibility.

+1-

Steve Riches / Hace over 6 years

Most of this improvement in living standards and disposable income here in Mallorca comes via the tourist industry, which Barcelo is about to injure with his Tourist Tax. At the moment, Mallorca is doing well from a great £1 sterling v Euro exchange rate, and also from the terrorist activities in places like Egypt, Turkey and Tunisia that make people feel safer here. That situation may well continue to Mallorca's advantage, but if it does, the tax will still hit numbers, there still are other holiday destinations perceived as safe. The more chilling worry is that anywhere frequented by the British is a potential terrorist target, and the fact is that (historic ETA stuff apart) the Balearics may so far have avoided attack but will need to be diligently awake to the possibility.

+1-

Michael stokes / Hace over 6 years

Next years figures will be dismal when the tourist tax comes in jobs will go so car sales will drop and all those who have a new car now will have to sell as they can't afford to pay for lt

+3-