Production forecast Spain 2023-2030
- Inovev's latest forecast for passenger cars (PC) + light utility vehicules (LUV) production in Spain shows a catch-up process starting in 2023 with growth expected to intensify through 2030. Spanish production could rise from 2 million units in 2022 (a low since 2012) to 3 million units in 2030. Spanish car production had already approached this level in 2015-2019, but without exceeding 2.9 million units. The mediocre years of 2020, 2021 and 2022 were marked by the Corona crisis (2020), the semiconductor crisis (2021) and then by the consequences of the war in Ukraine (2022).
- Inovev's forecast, which sees a volume of 3 million units in 2030, takes into account several factors, such as the introduction of the Peugeot 208 at the Zaragoza site from 2026, which will more than compensate for the departure of the Citroën C3 Aircross and Opel Crossland, or the introduction of the Volkswagen ID2 small electric cars and their offshoots Skoda and Cupra.
- The development of the Cupra models will more than offset the decline in Seat's sales and production figures.
- Added to this is the development of Citroën's production in Spain (C4X, which will join the C4), Renault's in Spain (Mitsubishi ASX, which will join the Captur), and Ford's decision to produce electronic models in Valencia.
- Spain will thus be the only major European country to perform better in 2030 than in 2019 and - at 3 million vehicles per year - will be midway between France (2 million) and Germany (4 million).
- The Stellantis sites in Zaragoza and Vigo will be among the largest European production facilities.
Contact us: info@inovev.com