The chassis in the vehicle is an essential component. Several manufacturers of automotive components - members of Autoparts from Spain - are in charge of producing this car-manufacturing component both inside and mostly outside Spanish borders for a handful of automotive companies.
Among the automotive company manufactures in Spain belonging to Autoparts from Spain, we can feature the manufacturers of workshop equipment and car tools.
The internationalization of Spanish automotive component manufacturers is a reality. The foreign support Spanish automotive component manufacturers has received to act as suppliers is reflected on their export figures in the last decade, only slowed by the impasse produced by the health emergency on the economy. Anyway, such figures, those of the Spanish exports during the first quarter 2021, are leading to recovery.
The year has started positively for the Spanish automotive component industry. The first quarter 2021 performed exports with a value of €6,833 million which represents a +26% inter-annual rate comparing with 2020 according to data provided by SERNAUTO (the Spanish Association of Automotive Suppliers). However, despite of the producing dynamism, figures are still lower than those in 2019, pre-pandemic times (-7,1%).