Automotion plays a strategic role in many countries’ economy. In Spain, concretely, it represents a 10% of GDP and has a highly interconnected effect: from parts´ manufacturing, design and vehicle assembly to marketing and repairs. All this creates important synergies with other sectors. 1000+ automotive component companies in the country employ 365.000+ people with quality jobs, also contributing notably to social welfare and economic development in several regions. That is why doing their part is relevant for the environmental protection to achieve a more sustainable world.
Climate change is global issue that demands support from all sectors to find a solution. The Spanish automotive industry is strongly heading to decarbonization by bringing technological solutions so transportation can be every time more efficient and sustainable
Since 1995 CO2 emissions have dropped a 36% and nitrogen oxide ones a 90%. Today, because of that, we can enjoy a cleaner, lighter and efficient vehicle. However, the transportation sector today still represents a 24% of emissions of green house gases in the EU. Much is yet to be done in the way of achieving a more sustainable and efficient mobility.
With innovation and collaborative work. Spanish automotive suppliers invest 4% or their billing in I+D, three times the industry´s average. In this sense, advances in efficiency, aerodynamics, vehicle weight and automated/connected driving are showing great results.
Anyway, there is no doubt that the best display of the sector´s commitment with the community has been reflected with the response from thousands of Spanish automotive companies during the Covid19 health crisis. This situation highlighted their strengths as an industry carrying a “responsible business” spirit in their DNA. You can read here some actions performed by companies, belonging to the Autoparts from Spain platform, to face Covid19.
Innovation and excellence, new mobility, autonomous driving, connectivity and electrification are the goals in sight for the automotive suppliers industry when producing and developing car components. This has created a more efficient, more innovative, product-quality centered, community-integrating and quality-jobs providing industry:
You can see here a video about the sector´s commitment to the 2030 agenda for a sustainable development carried out by Sernauto, with support of Icex España Exportación e Inversiones
Presence at international events not only boosts brand positioning, but also market diversification. One example is the outstanding participation of Autoparts from Spain in Automechanika Dubai, one of the most important trade fairs in the international automotive industry. This participation positions the initiative as a benchmark of excellence in the global automotive industry and promotes the image of Spain as a country with a high quality and reliable automotive industry.
Between January and April 2023 exports of Spanish automotive components and equipment reached €9,028 million which is a +26.2%, inter-annual growth rate, which reflects the dynamism shown by the sector’s sales abroad.
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