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Car manufacturing in Spain increased by 12.5% in 4 mths to April

TOPICS:
Car manufacturing

Posted By: The Corner 26th May 2015

According to the Spanish car manufacturers’ association (Anfac), vehicle manufacturing went up by 4.22% in April compared to a year earlier.

 

Adopting new models as well as the Easter holidays had an impact on April manufacturing volumes. Anfac highlighted that the Spanish government’s buying incentives, new investments in plants and an increase in exports are all helping to boost volumes.

 

Car exports totalled €8,476 billion in the first quarter of 2015, up  17.3% year-on-year.

 

 

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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