Car makers enter over Rs 70,000 crore but say situation ‘not good’

The companies that produce cars in Spain entered more than 70,300 million and earned 737 million euros in 2022, but they confirm that “the situation is not good”. Jose López-Tafal, General Director of the National Association of Automobile and Truck Manufacturers (Anfac), announced this during the presentation of the annual report of the last financial year.

The figures suggest that the companies’ revenue – which includes all the big manufacturers, from Renault, Stallantis or Seat – rose by almost 16%, but the companies’ net profit as a whole fell by 33%. “This profit figure is average, but positive,” he admitted to the media, in a year marked by rising costs (financial and energy) and problems in supply chains.

Sector data indicates that 44 models are produced in Spain, almost half of which are electric; in 17 factories; that the balance between exports and imports was positive by 16,000 million euros and that tax collections increased by 13% to 39,000 million, mainly because cars are more expensive, although Anfac does not provide data on how much prices have increased.

Employment is holding up even though ERTEs have extended due to problems in supply chains and chip shortages. Specifically, the sector employs 62,341 people at the end of 2022, according to data published by Anfac.

Despite these figures, employers confirm that the moment is not good, as production and sales volumes are lower than they were before the pandemic. “We cannot forget that in the first six months we are 27% below the 2019 level in sales, and 15% in production.

“It’s not a good situation, we have to restore values, get back to 1.3 million passenger cars sold and 2.8 million in production. According to him, according to July data, 945,000 cars will be registered this year. “We are very far” from the goals, emphasized López-Tafal.

On the downside, it also cites the average age of cars, which is 14 years, compared to the European average of 11. “It’s a negative after decarbonisation and security,” he assured.

A petition for the next government

In addition to reviewing last year’s data, the Association of Manufacturers and Employers, in the wake of the 23J election, addressed political parties focused primarily on promoting the purchase of electric vehicles, through public assistance and fiscal support. measures, but they were not implemented.

“All programs” for the elections “include projects to promote industry and decarbonization,” López Tafal admitted. He noted that the industry needs two prerequisites: “to grow as an automotive industrial powerhouse” and “meet environmental obligations,” but at the same time “must not discriminate against private cars,” which are considered “to be used legally.” bicycle”.

“You have to advocate for a clean private car with low emissions as a solution,” said Anfac’s director general. “I haven’t seen anyone who wants to ban cars,” though he qualified that “Sumar is talking about banning combustion cars.”

In its program, what the coalition led by Yolanda Díaz proposes is “the advancement of sustainable mobility that reduces the use of private cars (especially in cities) and continues the development of the electrification of the mobile fleet, with the aim that by 2040 there will be no cars with internal combustion engines in Spain”. We must remember that in February Brussels banned the sale of gasoline and diesel cars from 2035, rejecting the PP and the extreme right.

Source: El Diario

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