The production of cars adds a decline of 24.8% after falling again in October

Madrid

Updated:20/11/2020 14:08h

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Spanish car factories produced 265,504 vehicles in October, which represented a decline of 1.7% compared to the same month the previous year.

In this way, as reflected in the data published this Friday by the National Association of Automobile and Truck Manufacturers (Anfac), October broke with the upward trend that had accumulated in production in the previous two months. Anfac points out that the fall was mainly due to the great contraction suffered by the Spanish domestic market.

With this, Spanish factories recorded a 24.8% drop in the last ten months, with 1,802,735 units produced.

For its part, the export of vehicles added its third positive month, accumulating a total of 1,547,837 vehicles shipped out of the country until October, reducing the annual fall to 20.8%.

The employers’ association values ​​that, although export destinations, mainly in neighboring European countries, have suffered setbacks in vehicle sales, the demand for Spanish cars continues to grow, obtaining growth of 3.7% in the month of October, with 230,785 units exported.

Equally relevant are exports to destinations outside of Europe, such as Japan, which has grown by 141.5% or the United States, which has increased by 91.2%.

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