Spain regains eighth place in the world in vehicle production

The next January 1 will be known 2023 sales figures in the Spanish marketsome figures that They will approach 950,000 cars what it will mean 17% more than in 2022, according to data from Ideaauto reflected by Europa Press. 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 OICA data (international association of automobile manufacturers), Spain has recovered eighth place in car production in 2023, a position that had been 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 increased production of Spanish plants in this last quarter of 2023.

The ranking offered by the OICA reflects, in addition to the recovery of Spain, the increase in the rest of the vehicle manufacturing countries. China tops the rankings with more than 21 million cars producedwith 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), South Korea with 3.2 million (17.4% more), Mexico with three million (13.8% more) and Germany with 2.9 million (12% more).

Spain It occupies that eighth place, with 14% more than in 2022, although if we look at the year before the pandemic, 2019, production in the third quarter was 14.2% higher than the current one. Compared to 2019the only manufacturing countries, of the top 20 in the world, that prove a higher production volume are China (up 16%), India (up 27.2%), South Korea (up 8.6%), Turkey (up 1.5%), Indonesia (up 11.6%) and Malaysia (33.1% more).

Second European producer

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The recovery of the manufacturing rate has occurred after the semiconductor and component crisis has subsided considerably. The main producers with a plant in Spain have been able to produce more vehicles in 2023. This relative production stability is what has led to the sector’s employers, Anfacto predict a Total vehicle production (including here cars and commercial vehicles) of 2.5 million units this year. This represents an increase of 13% compared to 2022 and allows Spain to continue being 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 a 16.5% increase (2,072,230 units exported). More than 90% of exports go to European Union countries.

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