Discover how Spanish automotive component exports defy the crisis. While they fall in major European markets, they thrive in destinations such as China and South Korea. Dive into the changes in this sector undergoing transformation.
The automotive industry plays a strategic role in the economy of many countries. Specifically, in Spain, it represents 10% of the Gross Domestic Product and has a significant multiplier effect, from the design and manufacturing of parts and vehicle assembly to their marketing and repair, with important synergies with other sectors.
Discover the global strength of the Spanish automotive components industry, exporting 58% of its earnings to 170 countries. Innovation, commitment, and quality position it as a leader, with a notable investment of 1.5 billion in R&D. Despite the crisis, it remains the preferred choice worldwide.
From September 16 to 22, the 'European Mobility Week' was celebrated. This year, under the slogan 'Zero-emission mobility for all,' participants aimed to reflect the ambitious goals of a carbon-neutral continent by 2050, as outlined by the President of the European Commission during the presentation of the European Green Deal.
