Spain’s car production remains strong in February

Spanish car production saw its good momentum continue in February, Kallanish notes.

“Flexibility in both the supply chain and production lines, together with the reduction of bottlenecks, has made it possible to stabilise output rates and avoid sudden disruptions as occurred during the microchip crisis,” comments Spanish automotive association Asociación Nacional de Fabricantes de Automóviles y Camiones (Anfac) president José López-Tafall.

Output in February was 227,923 units, an increase of 1% versus the same month in 2023. Two-month production amounted to 458,879 vehicles, up 9% from January-February last year.

Meanwhile, Spanish vehicle exports slipped due to lower demand in markets outside Europe. Supplies were 204,281 units in February, just 0.7% less compared to a year earlier.

European markets had a 93.2% share in Spanish deliveries in February, up 3.2 percentage points on-year. Two-month exports rose 6.3% over the same period in 2023 to 405,735 vehicles, Anfac data show.

Todor Kirkov Bulgaria