Car production in Spain in 2022 did not exceed 1.9 million vehicles
- Spain rose to become Europe's second-largest car producing country behind Germany in the early 2000s, displacing France, which relocate much of its automotive production. Although Spain has been able to maintain this second place in recent years, the volume of passenger cars and light utility vehicles (LUV) produced in Spain, fell to less than 2 million vehicles between 2020 and 2022, when it was close to 3 million units in 2016-2019 period.
- The reason of this one million vehicles decline is that the European car market has shrunk sharply in the last three years, from 18 million light vehicles in 2019 to 14 million in 2020 and 13 million in 2022. And the main characteristic of Spain is that it produces cars only for Europe. Spain does not export cars to China or the US. Therefore, the country has been hit hard by the decline of the European market.
- The Stellantis Group, which produces Peugeot, Citroën and Opel in Spain, accounts for 40% of Spanish car production in 2022, with the Opel Corsa being the most produced model in the country. The Volkswagen Group, which produces Volkswagen, Audi, Seat and Cupra in Spain, accounts for 33% of Spanish car production in 2022. The Renault-Nissan group, which produces Renault models and soon Mitsubishi ASX, accounts for only 11% of Spanish production, as the Mégane is increasingly squeezed by the Mégane BEV produced in France and as the Kadjar, for its part, has fallen to a low level (its will be replaced by the Austral in 2023). Finally, Ford (8% of Spanish car production) has discontinued most of its Spanish-made models such as the Transit Connect, Mondeo, Galaxy and S-Max.