AUTOMOTIVE SECTOR BUSINESS OPPORTUNITIES IN SPAIN
WHY SPAIN FOR AUTOMOTIVE –KEY FACTS
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Spain is the 2nd largest car manufacturer in Europe and 8 in the world.
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2.88 Million units manufactured in 2016, 5.9% up on 2015.
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Spain is the 1 manufacturer of Commercial Vehicles in Europe.
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9 brands with presence in the country with 17 manufacturing plants.
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85% of Made in Spain vehicles were exported to over 100 Countries in 2016.
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Spanish Automotive Parts Industry ranks 6 in the world in terms of Turnover.
60% of Auto Parts made in Spain are exported to 150 countries.
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Excellent Infrastructure for Innovation:
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Automotive Sector expenditure in R&D&I is one of the highest among all industries in Spain, supported by an
outstanding Network of Universities and 34 Technology Centers with activities in the Sector
Highly qualified workforce. High investment in professional training by Car Manufacturers (66 Million/year).
Significant offer of master and postgraduate studies in Universities around manufacturing hubs.
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Lower unit labor costs than EU average in the industry, and increasing gains of productivity of Spanish Economy in the last
years.
WHY SPAIN FOR AUTOMOTIVE/ E-MOBILITY
SPANISH CAPABILITIES AND LEADERSHIP IN E-MOBILITY
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The Spanish Automotive and Mobility Technology Platform - M2F www.move2future.es gathers together more than 150 Key
innovative companies, technology centers and universities working on innovative technologies and products.
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Spain contributes to Eco and Electromobility as a major component designer and as a provider of Infrastructures and
Network Intelligence.
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Spanish companies and Technology Centers take part in two out of three of the European projects in this area.
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Spain acting as head of several projects, including 3 European projects on new batteries: NEUCOBAUT,SOMABAT and
GREEN LION.
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NISSAN, RENAULT, Peugeot-Citroën, MERCEDES, IRIZAR are already manufacturing 6 electric vehicles.
Ford has launched the New Mondeo Hybrid in the Spanish Plant of Almussafes.
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Auto-parts manufacturers invested €1,200million in R&D&i in 2015 to develop new components and systems for the new
and future models.
Spanish Scientific, Technological and Industrial Capabilities for future transport systems and vehicles
summarized in the web page http://www.move2future.es/images/documentos_internos/greenvehicles_2014/ More than 150
new mobility projects and products.
M2F Working Groups: 1. Propulsion Systems and alternative fuels 2. Advanced manufacturing.
3. Materials and lightweighting. 4. Safer and Autonomous driving
FACTS & FIGURES
Complete and Competitive supply Chain for the
Automotive Industry.
Macroeconomic impact.
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17 Manufacturing Plants-9 Brands.
1.000 Auto-Parts Manufacturers, belonging to
720 multinational groups.
778 Original Equipment Manufacturers
34 Technology Centers
19,000 High-Tech subcontracting companies.
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Car industry accounts for 10% of Spain’s GDP. (Including
distribution, financing and related activities)
Automotive Sector accounts for 19% of Spanish Exports of
Goods.
Motor Vehicles main exporter with €34bn.
Spanish Auto- Parts exports of €18.9bn in 2015.
2 Million jobs linked to the industry.
PRIVATE INVESTMENT
Private investment / New Industrial Plans/ Examples of recent investments and
The industry is investing an average of €1.7bn/year to expand production and to modernize Spanish plants. The objective is to
comply on schedule its Industrial Plan aiming to top 3Million vehicles out of Spanish Plants in 2017)
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2016 - RENAULT - Renault (France) is investing $684.00 m in Spain in the Automotive OEM sector in a Manufacturing
project. France-based car manufacturer Renault plans to invest $684m at its plant in Valladolid, Spain. The expansion
project, which will begin in 2017 and is expected to be finished by 2020, includes building a new car and a new engine.
Source fdi markets.
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2016 - IVECO Investment of €140 million in the department of R&D and for the manufacturing centers of Madrid and
Valladolid, preparing the launch of its new next generation heavy truck Stralis. (fdi markets, corporative sources)
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2016 -Daimler –Mercedes Benz the company invested €41 Million in its Vitoria Plant Facilities due to the increasing
demand of their van and minivan. The Industrial Plan secures jobs at the plant with 800 new jobs at the beginning of the
year.
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2016-Volkswagen Navarra. Informs of the completion of 208 works in its plant of Lanbaden- Navarra, with a total
investment of 28.9 Million €. This is the first wave of investment in progress to adapt the plant for the production of the New
Polo A07.
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NISSAN- 2013 €130 Million Investment in Barcelona’s Plant to produce a new Sedan Starting 2014, and investments of
€10 Million in its components manufacturing plant of Cantabria.
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2013-2016 Industrial Plan of GM- Includes Spanish Plant of Figueruelas in its Industrial Plan for Europe that will drive
up to 4 Billion Investment in 23 new models of OPEL in Europe for the period 2013-2016. €170M were received in
2013. More than €210M commited for 2014 to adapt the Plant for the manufacturing of new MOKKA.
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May 2015 VOLKSWAGEN announces the largest investment of the Group in recent years. €4,200 Million will be invested
in its Manufacturing Plants of Martorell and Navarra (SPAIN)
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FORD- www.ford.com US-based automotive giant Ford will expand its manufacturing complex in Almussafes, Spain. The
company will build a new 80,000 sq m plant at the site to produce its own automotive parts and increase by a 10% the
production of Renault Kuga. 1.1 billion€ investment has been committed through the period 2009-2013.
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Global Alliances between Spanish and International Auto-Parts: MAHINDRA:The Indian giant, leading manufacturer of
Components in Asia, buys a 13.5% share of the Spanish company CIE Automotive for €96,24Million sealing a worldwide
strategic alliance.
2016- 2017 Capital and strategic alliances between Spanish and Japanese companies in:
PANASONIC- FICOSA GESTAMP – MITSUI
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Sources:
ANFAC- Spanish Association of Car and Trucks Manufacturers Report 2012 www.anfac.es; SERNAUTO- Spanish Association of
Automotive Parts and Accessories www.sernauto.es ; FDI markets; ICEX-INVEST in Spain www.investinspain.org; M2F -Move to
Future. Spanish Technological Platform for Automotive and Mobility www.move2future.es; EUROSTAT; INE -Spanish Statistical
Office. FT Financial Times.
INVEST IN SPAIN is the Directorate in charge of attracting foreign direct investment in ICEXSpain Trade & Investment, government enterprise under the Secretary of State for Trade
(Ministry of Economy and Competitiveness).
At INVEST IN SPAIN we provide you with professional, confidential and free services
throughout the process of investing in Spain: from investment planning and evaluation, to set
up and post-investment. To see a full list of our services, please visit our website
www.investinspain.org
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