Discover the outlook for the automotive sector in the last quarter of the year! China is recovering, Europe is transforming, and Brexit is shaking the market. Don't miss the changes that will define the end of 2020 in the automotive industry!
Discover how Spanish automotive component exports defy the crisis. While they fall in major European markets, they thrive in destinations such as China and South Korea. Dive into the changes in this sector undergoing transformation.
The automotive industry plays a strategic role in the economy of many countries. Specifically, in Spain, it represents 10% of the Gross Domestic Product and has a significant multiplier effect, from the design and manufacturing of parts and vehicle assembly to their marketing and repair, with important synergies with other sectors.
Discover the global strength of the Spanish automotive components industry, exporting 58% of its earnings to 170 countries. Innovation, commitment, and quality position it as a leader, with a notable investment of 1.5 billion in R&D. Despite the crisis, it remains the preferred choice worldwide.
