the figures are already worse than in 2020

The production of vehicles in Spain arrives dying to the final stretch of 2021 and far from advancing compared to September goes back once more: last October it closed with barely 165,000 units manufactured, a figure that represents 37.9% less compared to the units that were produced in the same month of the disastrous 2020.

With respect to October 2019, the last year before the global pandemic unleashed by COVID-19, the fall is 38.9%.

If we broaden the spectrum until the accumulated of the year, the accounts do not improve: so far this year, they have been manufactured a total of 1,757,280 vehicles, which translates into a drop of 2.5% compared to the same period in 2020 and 26.7% compared to the first ten months of 2019.

Cars and SUVs get the worst of it

Production 2

That the sector does not raise its head in full perfect storm it is no surprise. However, the figures for car production in October are a turning point for the industry Spanish: this is the first time so far this year that the production of vehicles has fallen above that registered during the accumulated of 2020.

By type of vehicle, the manufacture of passenger cars and SUVs has suffered a significant decline of 41.1% compared to the same month of 2020, until reaching the 111,829 units. For its part, the production of commercial vehicles has been 30,894 units, 24.5% less than in October last year.

This is not something that only happens in Spain. In October, according to data from the Spanish Association of Automobile and Truck Manufacturers (ANFAC), France (-30.7%), Germany (-34.9%), Italy (-35.7%) and the United Kingdom United (-24.6%) are traditionally powerful markets that have also registered figures lower than those of 2020 and 2019, in line with the fall of the Spanish market.


In total, of the latest reports published by the ACEA (European Association of Automobile Manufacturers) it is extracted that the production of vehicles in Europe in 2020 fell by 21.5% compared to 2019, going from 21.7 million vehicles to 17 million. In the case of passenger cars, it went from manufacturing 14 million cars to just over 10 (23.3% less) and it does not seem that the figures for 2021 will be better at the end of the year.

The microchip shortage is the main reason of these little encouraging figures, but it is not the only one. This root problem is joined by other conditions like the lack of certain raw materials, difficulties in the logistics chain or shipping prices constantly on the rise, in addition to the downward demand in the main markets.

ANFAC’s forecasts do not set a short-term recovery horizon, as they believe that “the shortage of components and the consequent readjustment of production” will not find a solution in our country, at least until late 2022 or early 2023.

Zero emission vehicles increase their production share


In October the production of zero and low emission vehicles (electric vehicles, plug-in hybrids, conventional hybrids, natural gas and LPG) has registered a decrease of 24.3% compared to the same month of the previous year, reaching a total of 20,597 units manufactured.

However, the alternative vehicle segment has increased its production share until reaching 12.5% ​​of the total of vehicles produced in Spain.

Between January and October of this year, electrified, hybrid and gas vehicles represent one in ten vehicles manufactured and amount to a total of 201,949 units (55.8% more than in the same period of the previous year).

Pure electric vehicles, with 8,352 units manufactured They are the zero and low emission vehicles with the highest production in October, representing 5.1% of the total.

For their part, plug-in hybrids recorded a sharp 43.8% drop in production, reaching 7,337 units manufactured (all passenger cars), which accounted for 4.4% of total production. However, in the accumulated of the year both technologies increased 66.9% (61,185) and 73.2% (101,948), respectively.

Exports take the hit, too


In Spain, One in every four vehicles sold It is of national production. In addition, exports are key for industry. But if the fall in the figures registered in October in terms of production has been hard, that of exports has been even worse with 38.2% less compared to the same month of the previous year and 35.9% compared to 2019, until 142,723 units.

So far in 2021, a total of 1,523,745 vehicles have been sent outside our borders, which is already 1.6% less than in 2020 and no less than 22% compared to 2019.

By region, sales of vehicles produced in Spain destined for Europe are of particular concern, which have fallen by around 45.2%. Of the countries that make up the Top-5 of Spanish export destinations, only Turkey has increased its orders by 271%.

America also contracted 6.1%, as a result of the decline in Mexico (76.2%), which overshadowed the rise in Chile (+ 327.5%). Regarding the rest of the continents, exports to Africa grew slightly by 0.5%, where Morocco (50.1%) and South Africa (28%) were the ones that pushed this increase.

As for exports to Asia, they managed to increase by 50%, mainly due to the 90% boost of the Japanese market. Similarly, an increase of 180.8% in orders destined for Australia manages to maintain the growth rate of Oceania (163.2%).

In Motorpasión | The fall in sales of new cars has triggered the prices of used cars in the US, and the same could happen in Spain

Source link

Lenny Li

I started to play with tech since middle school. Smart phones, laptops and gadgets are all about my life. Besides, I am also a big fan of Star War. May the force be with you!

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button