The weakness of the European economy has invoices for car manufacturers that have production enterprises in Spain, such as Volkswagen, Stellantis or Nissan, among others. “Uncertainty is paid,” said the General Director of the employer Anfac, Jose Lopez-Tafall, when submitting these sector data last year. This was reflected in a fall in sales and employment in Spain.
As for income, in 2023 they amounted to 78,154 million people, and last year 76,855 remained. Meanwhile, employment took place from 58,414 to 57,189 people from one year to another. Evolution, which, as it suggests, was determined by the weakness of European partners.
This claimed that the commercial balance fell last year by almost 3,000 million euros. In particular, at the end of 2024 it decreased from more than 18.8 billion to 16,000. ” Production fell by almost 10% due to the low level of France and Germany, ”Lopez-Tapal is justified. It remained above 1.11 million units.
From the point of view of the positive side, the number of factories in Spain (nine), including Ebro in Barcelona, which resumed the production of the Chinese group of Cher. In total, 50 models are collected, of which 30 correspond to low broadcasts of 18 different brands that put Spain as a second car manufacturer in Europe and the ninth around the world.
More investments and more benefits
Despite this autumn in production and sales, car multinational corporations invest more in Spain. They closed in 2024 with an investment volume of 2434 million compared to 2,395 million euros of 2023.
They are also more profitable. The advantage of companies that are produced in Spain passed from 1039 million to 2,018 million, which practically folded their profitability.
The head of Anfac, in this take -off of profitability, indicated that “it should be borne in mind that the memory (from Anfac) collects data from companies in Spain.” That is, they could get their benefits to improve dividends on their matrices. “Last year there was a record in the“ profit of profit ”in Europe, from the point of view of the results, it falls. “We see investments in the territory and assignment of benefits. The more advantages in the sector, ”he justified.
He also indicated that he believes that “it would be good if some Chinese brand had been implemented in Spain, it makes sense.” Sicho a few days after the Xpeng brand added to this employer. “The best way to build a factory in Spain is to sell here and they are already doing this, they know the country and can be the front door for the European market,” he explained.
Ironiza with the Nobel Prize for the sector
Employers also sent global uncertainty to the center of the situation, with tariffs that Europe has released into Chinese electric cars, the economic weakness of European partners, and now with the tariffs that the United States has launched, although Spain does not export models to this country. Not forgetting about the requirements to have a parking lot with a low level of release.
“We must overcome the fence that we have not put a height,” Lopez-Tafle said at a press conference regarding the requirements of transformation in the electricity market. “Now tariffs are added, where European cars are one of the points of discussion. They say that if you produce and export from the United States, you will have less tariff barriers. Yes, with the fact that we are falling, we continue to produce, employment will almost not fall, who should offer the Nutlev proposal about the economy in the automobile sector, because it does not exist that it cannot be conducted in behavior in behavior in behavior, that it is behaved in behavior.
“The analysis conducted by the European Commission is the analysis of the CO2 rules,” he said, “what we want is a reasonable result.” “The sector has unusual stability,” so it is important “not to work alone, but with European industrial policy.” “We can go to win in another context, we must work with the best base,” he concluded.
