The Spanish market declines by 5.4% in 2022 compared to 2021
- The Spanish car market (passenger cars) remained at a very low level in 2022 compared to 2021 (-5.4%) and especially compared to 2019 (-35%). In total, Spain registered 813,396 passenger cars last year, compared to 859,477 in 2021, 851,211 in 2020 and 1,258,260 in 2019. This is the lowest figure recorded since 2014. This is a far cry from the numbers reached in 2006/2007. The reasons given for this very low level of registrations in 2022 would be the delays in vehicle deliveries, which can reach several months. But it could be that the sharp increase in the average price of cars and the wait-and-see attitude of customers towards electric vehicles is slowing down purchases and encouraging potential customers to keep their vehicles longer.
- The ranking by brand shows that Toyota is leading the Spanish market for the first time (73,505 units), ahead of Kia (63,345 units), Volkswagen (58,874 units), Hyundai (59,503 units) and Peugeot (54,737 units). Seat (49,200 units) is no longer in the top 5.
- However, by group, Volkswagen remains the Spanish market leader in 2022(182,723 units), ahead of Stellantis (165,948 units), Hyundai-Kia (122,848 units) and Renault-Nissan (104,433 units).
- The best-selling models in Spain in 2022 were the Hyundai Tucson (21,985 units), Dacia Sandero (20,782 units), Seat Arona (17,462 units), Toyota Corolla (16,998 units), Volkswagen T-Roc (16,595 units), Fiat 500 (15,999 units) and Toyota CHR (15,987 units).