The Spanish automotive sector, which has been in the recovery process for a while, continued to recover in October. While the increase in production and exports continues, it is known that the reason for this recovery is the completion of assemblies that could not be made due to access to microchips and lack of parts.
Looking at the data; It is noteworthy that the production in the Spanish automotive sector increased by 24.2% in October, while the ten-month production increased by 2.8% compared to the same period of the previous year.
Considering the improvement in exports; It is known that there was an annual increase of 20.4% in October and the reason for this improvement was the recovery in sales in major markets. In the ten-month period, it is seen that exports increased by 1.1 compared to the same period of the previous year.
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