This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at La fabricación de vehículos impulsa la actividad industrial en España
The manufacture of vehicles promotes the industrial activity in Spain
14/01/2014
14 January 2014
The Index of Industrial Production of the manufacture of vehicles, has registered an increase in the month of November of 17,4% regarding the year 2012. This has supposed a direct impulse to the General Index of the Industrial Production of Spain.
The provisional estimate of production of vehicles in 2013, situates in a growth around 10%, approaching to the 2,2 million vehicles. This increase is motivated mainly by the exports. Although it still is prompt to speak of recovery, this backstitch of the industrial activity indicates that the economy in Spain is stabilising .
According to the index that elaborates JP Morgan and Markit, the manufacture of vehicles and components in Europe suffers a change of drastic tendency in the last quarter of 2013, reaching his best performance from the first cuatrimestre of 2011 and the greater variation regarding 2012 in relation to the rest of sectors.
The tendency in Spain is more positive, since during the last 9 months, the production of vehicles continues on line ascending.
Related Companies or Entities
Asociación Española de Fabricantes de Automóviles y Camiones
