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AUTOMOTIVE INDUSTRY IN SPAIN/2

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A description of automotive industry in Spain.

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AUTOMOTIVE INDUSTRY IN SPAIN/2Online version

A description of automotive industry in Spain.

by Alfonso Poza
1

Vehicle modernization up exported billion down countries euros

manufacturing in Spain has been growing for the last years . In the period between 2012 and 2016 , production was 45% , representing 906 , 728 additional units , and approaching the industry target of three million , which will be achieved in 2017 .
In 2016 , 2 , 885 , 907 vehicles were manufactured in Spain , up 5 . 9% over the previous year . In 2017 2 , 848 , 335 vehicles were manufactured , 1 , 3% over the previous year .
Investment by the manufacturing industry in these years is estimated at 10 euros for the extension and of plants . An average of 1 . 7 billion euros is invested each year .
85% of the vehicles manufactured in Spain were exported to over 100 in 2016 . 2 , 432 , 431 vehicles were , representing a 7% increase in exports compared to the previous year , and an estimated export figure of 34 , 000 million .

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