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Vehicle production closes the first quarter with a 17% drop

Vehicle production in Spain fell 20.1% in March compared to the same month in 2021, with a total of 181,401 units manufactured. The semiconductor crisis is worsening again as a result of the scarcity of raw materials, which has also been joined by the war in Ukraine and the rise in energy prices, accumulating a fall of 16.9% for the first quarter of the year, with 550,454 units.

In this context of international uncertainty and shortage of materials, the disruptions in the transport of goods as a result of the carriers’ strike (from March 14 for vehicle carriers and from March 21 for general cargo, which affected the rest of the month of March) which had a significant impact on the pace of the factories, limiting to a certain extent their production and export capacity. Due to these factors, vehicle production is moving away from its natural production rate and is 25% below the values ​​of 2019 (before the pandemic), with 200,000 fewer units manufactured in this first quarter.

PBy type of vehicle, during the month of March, passenger cars have registered a lower reduction in production compared to commercial and industrial vehicles. In the case of passenger cars, production has suffered a fall of 10.6% with 152,705 units, while the manufacture of commercial and industrial vehicles has had a significant reduction of 48.8%, with 28,696 units.

EXPORTS

In the month of March, the export of vehicles has decreased by 25.3% compared to the same month of 2021, having exported 149,229 units. In the year as a whole, exports have fallen by 18% compared to the same period in 2021, with 465,029 vehicles sent outside our borders.

The environment of international uncertainty together with the temporary stoppages caused by transport strikes have been key aspects that have joined the slow recovery of the main European markets that set the pace for vehicle exports. In the month of March, shipments to European markets represented 71.9% of exports, but suffered a drop of 22.3% in the volume of deliveries compared to the previous year.

In this sense, the main destinations in Europe have experienced significant falls between 20% and In this sense, the main destinations in Europe have experienced significant falls of between 20% and 40% in the purchase of vehicles “made in Spain” . Of the Top 10 export destinations, none managed to grow compared to 2021. Countries such as Germany, France, Italy or the United Kingdom that lead this ranking reduced their orders, but the fall in Turkey stands out (-37.8%) in recent months had maintained a positive pace.

Regarding shipments outside European markets, there have also been drops in deliveries in Africa, South America, Asia and Oceania. Only shipments to America achieved an increase, due to the 28.8% increase to the US market.

PRODUCTION BY ENERGY SOURCES

The production of alternative vehicles (electric vehicles, plug-in hybrids, non-plug-in hybrids, LPG and natural gas) in March reached 23,081 manufactured units, which represents an increase of 15.6% compared to the previous year. Alternative vehicles increase their production share by nearly four points, which represents 12.7% of total national production.

During the last month, within the alternative vehicles, the electrified ones are the only ones that register growth, with an increase of 36.3% and 21,543 units manufactured, of which 20,750 are passenger cars. The manufacture of plug-in hybrid vehicles reached 13,411 units (+59.3%) and pure electric vehicles totaled 8,042 units produced (+9.8%). In the month of March alone, the production of electrified vehicles accounted for 11.8% of total production, 5 points more than the same month of the previous year.

“The international uncertainty caused by the war in Ukraine together with the crisis of microchips and components are conditioning the pace of production centers and the demand from foreign markets. These factors will significantly mark the evolution and marked recovery for this year. But this negative situation, which hits all of Europe in the same way, should not be a brake on the transformation of our industry towards the new mobility. We have an opportunity in PERTE_VEC, which is why it is necessary that once the funds have been allocated to the different projects, their implementation is speeded up. In the same way, tools must be established in fiscal matters, demand assistance plans and the development of recharging infrastructures that make the transition towards sustainable mobility a project of Spain’s own. We have to establish a safe context for this project and, therefore, from ANFAC we insist on establishing our own mobility model, a model with clean and sustainable vehicles that generates confidence and allows us to continue attracting investment and new vehicles to be produced. Only in this way will we be able to maintain employment and the quality of an industry that contributes 11% of Spain’s GDP”, highlighted the director general of ANFAC, José López-Tafall.

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