Car sales set to rise 11% in 2015

Announcing positive forecasts for 2015, Portugal’s Automobile Association (ACAP) has revealed that it expects car sales to increase 11% this year.

This would mean around 187,000 cars sold as opposed to last year’s 172,000.

It’s a “sign of recovery”, agreed ACAP president Jorge Rosa, but he sets the picture against a wider perspective.

“When you compare the current numbers to those registered 15 years ago, sales have actually dropped 32%,” he said.

Nonetheless, he agrees that the sector is “recovering” and predicts further growth in 2016.

As José Ramos, vice-president of ACAP, explained: “People are more confident and more inclined to buy.”