In 2023, Spain produced 2.45 million cars which makes it the 8th largest automobile producer country in the world and the 2nd largest car manufacturer in Europe after Germany,[1] a position in the ranking that it was still keeping in 2024.[2]
Spain hosts 9 multinational brands.[1] In 2023, the Spanish automotive industry generated 10% of Spain’s gross domestic product and accounted for 18% of total Spanish exports.[1]
The main manufacturers established in the country are Mercedes-Benz Group AG (manufacturing plant in Vitoria), Ford (its plant located in Almussafes is Ford's biggest in Europe),[3] Stellantis (at Villaverde in Madrid, Figueruelas and Vigo), Renault (with plants in Palencia and Valladolid as well as a transmission plant in Seville), SEAT (Martorell), Volkswagen (Pamplona).
- ^ a b c "Spain is the 2nd largest automaker in Europe and the 8th largest in the world". ICEX-Invest in Spain. July 22, 2024 – via investinspain.org.
- ^ "Car Production by Country 2024". worldpopulationreview.com. Retrieved 2024-03-26.
- ^ Méndez-Barreira, Victor (August 7, 2016). "Car Makers Pour Money Into Spain". Wall Street Journal – via www.wsj.com.