Sunday, June 4, 2023

Spanish vehicle production plant to improve by 14% until February

The production of vehicles installed in factories in Spain has experienced an increase of 14.1% in the first two months of the current year, reaching a cumulative volume of 420,964 vehicles, a recovery that is explained by the improvement in the logistic bottlenecks that are affected. energy to months.

The Spanish Association of Automobile and Truck Manufacturers (Anfac) announced that manufacturing levels are recovering, despite the fact that it continues to record “intermittent problems”, although it explained that the volumes recorded in the first two months are still 15% below those. in the same period of 2019.

If only the volume of February is considered, the national factories registered the tenth consecutive month of growth, with a total of 226,410 vehicles assembled on the assembly lines last month, which translates into a positive development of 19.7%.

By vehicle type, the production of passenger cars and SUVs in Spain has reached 329,757 units since last January, a 13.5% increase, with a monthly increase of 17.9%, up to 179,289. In addition, 91,207 commercial and industrial vehicles were produced only in 2023 (+16%) and 47,121 units in February (+27.1%).

The number of vehicles manufactured in Spain is destined to export 90.3% this year (+3.1 points), with a volume of 379,923 units and a year-on-year growth of 18.1%. Only in February, the export quota rose by 7.3 points, up to 92.6% and a figure of 209,576 passenger cars, commercial and industrial vehicles (+29.9%).


Once again, it was electric vehicles that experienced the greatest growth of energy in Spanish plants, almost doubling their records (+99.3%) as of February, although they are still reduced as a percentage of the entire national production, with 7.4%. In total, 58,541 electrified vehicles (electric and plug-in hybrids) were assembled, an increase of 52.5%.

However, gasoline models are estimated to account for more than half (57.2%) of manufacturing in Spain until 2023, up to 240,733 units, an increase of 13.9%, while diesel models were the second technology with the highest volume, with 100,522 units, 4.7%. less and a penetration of 23.9%.

In February, the manufacture of electric vehicles increased 160% year-on-year, up to 17,053 units, with plug-in hybrids adding a total of 30,569 units, 64% more. Together, the two technologies represented 13.5% of national production last month (7.5% pure electric).

Nation World News Desk
Nation World News Desk
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