Vehicle production in Spain rises 36% in May

by time news

2023-07-02 15:00:55

Vehicle production in Spain closed May positively after reaching 249,906 units, this is 35.9% more in year-on-year terms, growth that reflects the beginning of the stabilization of the production cycle in national factories.

This circumstance has allowed the annual accumulation of vehicle manufacturing to advance by almost 20%, with 1,081,890 units produced, according to data published this Monday by the manufacturers’ association Handywhich warns, yes, that these levels are still 15.2% below those of 2019, the year before the pandemic.

According to Anfac, during 2023, the factors that have conditioned production in recent years such as the health crisis, the lack of semiconductors and the supply problem as a result of the war in Ukraine, “have either disappeared or have normalized , giving way to a recovery of the sector”.

By type of vehicle, the manufacture of passenger cars and SUVs registered 197,422 units in May, 23.5% more than in the same month of 2022, while in the accumulated 843,361 units were produced, 13.2% more.

For its part, production during this fifth month of Commercial Vehicles and industrial increased by 118.4% compared to the same period of the previous year, with a total of 52,484 units.

In the accumulated annual, 238,529 commercials were manufactured, 51% more than between January and May 2022.

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