Automotive industry in Spain
In 2015 Spain produced 2.7 million cars which made it the 8th largest automobile producer country in the world and the 2nd largest car manufacturer in Europe after Germany a position in the ranking that it was still keeping in 2024. Approximately 80% of that production is for export. During the first half of 2016, with exports valued over 24 billion euros over that period, the automotive industry accounted for 18.9% of the total Spanish exports.
In 2016, the automotive industry was generating 8.7 percent of Spain's gross domestic product, employing about nine percent of workers in the manufacturing industry.
In all, there are 13 car factories located in Spain. which are supported by a thriving local car components industry, including rapidly growing Spanish multinationals such as Gestamp Automoción and Grupo Antolin. More than two million car engines are manufactured in Spain every year. The main manufacturers established in the country are Mercedes-Benz Group AG (manufacturing plant in Vitoria), Ford (its plant located in Almussafes is Ford's biggest in Europe), Stellantis (at Villaverde in Madrid, Figueruelas and Vigo), Renault (with plants in Palencia and Valladolid as well as a transmission plant in Seville), SEAT (Martorell), Volkswagen (Pamplona).