The vehicle factories installed in Spain have manufactured 227,923 units in February 2024, which represents a year-on-year increase of 0.7% that is attributed to the flexibility in the supply chain and in the lines of the automobile factories, which has allowed “production rates to be normalized”, according to data and assessments from the Spanish Association of Automobile and Truck Manufacturers (Anfac). However, in the first two months of the year, 458,879 vehicles were manufactured in Spain, 9% more compared to the 420,964 vehicles in the same period of the previous year. On the other hand, this figure is still 7% lower than the cumulative figure for January and February 2019, the pre-pandemic year. For the entire year, the manufacturer expects to exceed 2.5 million vehicles manufactured in Spain.
By type of vehicle, the manufacture of passenger cars and SUVs in February has risen to 182,567 units, 1.8% more in the year-on-year comparison, while the production of commercial and industrial vehicles fell 3.7% compared to the same month of 2023, up to 45,356 units. The production of electric vehicles fell by 25.2% in February, to 12,763 units, while that of plug-in hybrids (PHEV) fell by 22.5% compared to the same month in 2023, with 10,474 units. In total, Spanish manufacturing of electrified vehicles decreased by 24% in February, with 23,237 units, representing 10.2% of total production.
However, the manufacture of vehicles with hybrid engines has increased by 62.2% in the second month of the year, up to 18,619 units. Altogether, in February, 44,349 zero- and low-emission vehicles (100% electric vehicles, plug-in hybrids, conventional hybrids, natural gas and liquefied petroleum gas) will be produced in Spanish plants, which represents a year-on-year increase of 5.7%. .
Fall in exports outside Europe
Regarding exports, the sector has sent a total of 204,281 vehicles to other countries in February, which is 0.7% less than in the same month of 2023, while the annual accumulated figures stand at 405,735 units. , with an increase compared to the same period of the previous year of +6.3%. By export destination of Spanish vehicle production in February, 93.2% went to Europe, with an increase of 3.2 percentage points compared to the same month of the previous year. However, vehicles exported to the rest of the continents suffered declines, such as a drop of 35.5% in America, 63.8% in Asia and 36.2% in Oceania.
Specifically, the ‘top 5’ destinations include France, Germany, the United Kingdom, Italy and Turkey. “With the exception of Italy with a decrease of 10.6%, the rest of the Top 5 recorded increases in their orders in February,” the organization indicated. “Flexibility in the supply chain and in the production axis of vehicle factories together with the reduction of bottlenecks has allowed us to stabilize production RHYTHMS AND AVOID SUDDEN STOPS AS OCCURRED IN THE Microchip Crisis,” he said. the general director of Anfac, José López-Tafall. In this sense, he added that “although it is true that it only increases by 1% in the second month, this is due to the normalization of production rates and its adaptation to the unforeseen. “This is the positive fact.”
