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Spain’s motor vehicle output up 33.6% in Feb over Jan

Thursday, 29 March 2012 16:52:21 (GMT+2)   -  

Tags: Spain , Europe , production , imp/exp statistics , automotive , European Union , Mediterranean | similar articles » SteelOrbis News

In February this year, Spain's total motor vehicle output amounted to 214,054 units, falling by 4.6 percent year on year and up 33.6 percent month on month, according to the data reported by the Spanish Automobile and Truck Manufacturers' Association (ANFAC).

In the given month, the Spanish passenger car segment recorded a decline of 4.7 percent year on year and an increase of 44.8 percent month on month in output, totaling 166,957 units. In the industrial vehicle segment in February, a year-on-year decrease of eight percent was recorded in output, totaling 41,843 units.

85 percent of total Spanish motor vehicle production was exported in the month in question, while motor vehicle exports fell by 7.9 percent year on year to 181,885 units. In February, Spain's passenger car exports recorded a decline of 8.4 percent year on year, totaling 140,281 units, while industrial vehicle exports saw a year-on-year decrease of 10.7 percent, totaling 36,387 units.

Meanwhile, in the first two months of 2012, Spain's total motor vehicle output amounted to 374,236 units, falling by 10.6 percent year on year. In the January-February period, the passenger car segment recorded a decline of 11.4 percent year on year in output, totaling 288,725 units. Spanish motor vehicle exports in the period in question totaled 316.577 units, falling by 14.4 percent compared to the January-February period of 2011.

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