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HomeLatest NewsLack of chips and war cut Spanish car production by 10%

Lack of chips and war cut Spanish car production by 10%

Date: June 27, 2022 8:25 pm
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Spanish car production fell 10.3% in April to 168,396 units due to a lack of key components for vehicle manufacturingstemming from the effects of the pandemic exacerbated by the Russian invasion of Ukraine. According to the Association Spanish manufacturers of cars and trucks (Anfac), until the fourth month of this year, the assembly of cars in Spanish factories decreased by 15.4%.up to 718 850 units

By vehicle type, production of passenger cars and SUVs recorded a 4.1% decline in April to 141,495 units, while this year the figure fell 11.4% to 584,619 units. Production commercial and industrial transport in Spain fell by 33.3% during the past month, from 26,901 units, and from January to April, it fell by 29.4%, from 134,231 units.

In terms of energy sources, the monthly productive number of gasoline vehicles fell by 4.3% to 103,950 units, and another 12.3% year-to-date to 432,402 units. production of diesel models fell by 27.4%, with 41,337 vehicles in April, as well as 28.1% this year with 194,358 units. Assembly of electric models grew by 71% in the fourth month of the year, to 10,142 units, and 33.2% in the first four months of 2022 with 33,830 units.

Spain produced 11,835 plug-in hybrids last month (-4.4%) and 47,994 units as of April (+5.8%), while non-plug-in hybrid production grew by 88.2% in April (608 units) and by 120.7% this year (4242 units).

On the other hand, they joined 524 natural gas models in April (-73.1%) and 2448 units before last month. (-68%), in addition to the accumulated 3,576 units. LPG (-45.9%). Anfac CEO José López-Tafal confirmed that international uncertainty and component shortages are hindering the recovery of the sector and calculated that a “full” recovery won’t happen until early 2023.

However, he pointed out that while the extension of the application deadline for the Strategic Project for the Recovery and Economic Transformation of the Electric and Connected Vehicle (Perte VEC) this is “positive news” “fundamental” is to create a context that attracts investment in this sector.

“While Perte VEC is very helpful, should not be taken as the only tool, it needs to be accompanied by additional measures and a call for continuity that will allow the process of transition to new mobility to become truly great economic opportunities for our country“, – said the director general of the association.

Exports also fall

In terms of exports, a total of 144,398 vehicles were shipped outside of Spain in April, down 9.3% from the same month in 2021. This year, exports decreased by 16.1%.from 609 369 units. The number of passenger cars exported decreased by 2.2% m/m to 123,164 units shipped outside of Spain, while 12%, 503,326 units accumulated during the year.

While in the case of commercial and industrial vehicles a reduction of 36.4% was registered compared to April 2021, in total 21,234 units were exported, which is 31.4% of the total for the year, with 106,043 units.



Source: www.lainformacion.com

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