Spain: Car production drops to historic lows
Industry
- 25 May, 2020
- 13:41
Car production and export in Spain reached a historic low in April, and Report informs citing the data released by the ANFAC (Spanish Association of Automobile and Truck Manufacturers).
Exports in April decreased by 98% compared to the same period last year. This month, factories located in Spain were able to export only 3,753 vehicles, the association said. Only a few of the 17 automobile plants in the country were able to resume work in April.
In the first four months of this year, 652,057 cars produced in Spain, 33.6% less than in the same period in 2019. The association calls on authorities to adopt a “demand stimulation plan” for car products. The largest companies, including SEAT, partially resumed production at the end of April.
Latest News
20:20
Photo
Preparations for World Forum on Intercultural Dialogue discussed in Baku
Cultural policy20:05
Photo
Leyla Aliyeva, Arzu Aliyeva, and Alena Aliyeva visit "Support for Living" Center
Domestic policy19:55
Photo
Baku, Bratislava mull participation of Slovak banks in project financing
Foreign policy19:41
IEA members agree to release emergency oil reserves amid Mideast conflict
Other countries19:28
Oil storage facilities hit in Oman's Salalah port
Other countries19:18
Pashinyan: South Caucasus countries must take care of their own security
Region19:11
Costa: Middle Corridor development opens new strategic transport opportunities
Foreign policy18:58
Tashkent to host Italy-Central Asia-Azerbaijan agribusiness forum
AIC18:47