Automobile manufacturers and companies and companies operating in Spain, associated in the Spanish Association of Automobile and Truck Manufacturers (ANFAC) have also achieved a turnover of 78,154 million euros in 2023, according to its Annual Report.

These figures conditioned by the difficulties faced by manufacturers in 2023. manufacturers in 2023. Despite this situation, the report points out the stability in the reception of components and the supply of materials which allowed the positive rhythm of the Spanish factories to continue in 2023, reaching 2.45 million vehicles produced. As for the net result, a figure of 1,039 million euros was obtained in the last year.

In this context, the brands operating in Spain continued their progress towards decarbonisation and the industrial transformation implied by the electrified vehicle. During 2023, a total of €2,395 million was invested, 14.7% more than the previous year, confirming Spain's special relevance as an industrial pole for the automotive as an industrial hub for the automotive industry and as one of the main investment sectors. In addition, the brands maintain 58,414 direct jobs in their production and operations centres.

The sector's own activity is a major economic player for Spain. In 2023, the sector's total contribution to the public accounts amounted to 39,514 million euros in car taxes, increasing its contribution to our country's economy by 0.2% compared to 2022.