Spain regains eighth place in the world in car production

The next January 1 the figures will be known 2023 sales in the Spanish market, figures that will be close to the 950,000 cars what it will mean 17% more that in 2022, according to data from Ideaauto . Numbers that invite relative optimism in a commercial sense, although the good news for the Spanish industry has arrived before the end of the year.

According to the data of the OICA (international association of automobile manufacturers), Spain has recovered eighth place in car production in 2023a position he had left in the hands of Brazil since two years ago. Although these are data from the third quarter of the year, everything indicates that when the global figures are known in a couple of months, that position will have been reaffirmed thanks to the increase in production of the Spanish plants in this last quarter of 2023.

He ranking offered by the OICA It reflects, in addition to the recovery of Spain, the increase in the rest of the vehicle manufacturing countries. China tops the classification with more than 21 million cars produced, with an increase of 7.3% compared to 2022, followed by USA with more than eight million (8.7% more), Japan with 6.5 million (16% more). India with 4.5 million (7.9% more), Korea of the South with 3.2 million (17.4% more), Mexico with three million (13.8% more) and Germany with 2.9 million (12% more).

$!Spain regains eighth place in the world in car production

Spain occupies that eighth position, with 14% more than in 2022, although if we look for the year before the pandemic, 2019production in the third quarter was 14.2% higher than the current. Comparing with 2019, the only countries manufacturers, of the world’s top 20, that prove positive production volume are China (16% more), India (27.2% more), South Korea (8.6% more), Türkiye (1.5% more), Indonesia (11.6% more) and Malaysia (33.1% more).

Second European producer

The recovery of manufacturing rate has occurred after the semiconductor and components crisis has subsided considerably. Main producers with a plant in Spain they have been able release more vehicles in 2023. This relative productive stability is what has led the sector’s employers, Anfacto predict uTotal vehicle production (including cars and commercial vehicles) of 2.5 million units this year. That supposes a 13% increase compared to 2022 and allows Spain continue to be the second largest vehicle producer in Europe behind Germany.

Regarding the accumulated annual exported vehicles For Spain, the figures are positive compared to 2022, with an increase of 16.5% (2,072,230 units exported). More than 90% of exports go to European Union countries.

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