Feb 19 • 11:47 UTC 🇪🇸 Spain El País

The automotive industry welcomes Sánchez's plan, but warns: "We produce 400,000 fewer cars annually, equivalent to one plant"

The Spanish automotive sector has reacted positively to the government's new plan but expresses concerns about declining production numbers.

The annual automotive forum, Foro Anfac, took place in Madrid, where the Spanish automotive industry acknowledged the government's support through the recently introduced 'Spain Auto 2030' plan. This plan outlines a roadmap for the sector over the next five years, and the industry appreciates that many of their requests have been met, particularly regarding electrification support and financial assistance for purchasing electric vehicles. The government has committed 400 million euros for this initiative, which will also be retroactive to January 1st.

Despite this positive reception, the industry leaders raised alarms about the production decline, noting a significant drop of 400,000 fewer cars produced annually, which is equivalent to the output of a full manufacturing plant. This reduction highlights ongoing challenges faced by the sector, including the need for greater flexibility and support from Europe, particularly in battery production. Spain's position in the global automotive market remains precarious, and while support measures are appreciated, there are calls for more robust intervention to ensure competitiveness and sustainability in production.

As the automotive landscape evolves, the pressures of electrification and market demands prompt the industry to look for further guarantees in policy to sustain growth and employment within Spain. The forum served as a platform to discuss these pressing concerns, ensuring that the industry's voice is heard while navigating the transition to electric mobility and declining output rates.

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