Key Market Indicators
Spanish car registrations are projected to fall by 1.1% year on year on average, reaching 955,010 units by 2026. This is a decrease of 4.4% since 2010. Production of cars in Spain is expected to drop by 0.5% year on year on average, reaching 1,905,900 units by 2026. This is a decrease of 4.9% since 2002. In 2021, the country was number 6 in the global car production rankings, with the United States overtaking at 1,834,200 units, followed by Japan, Germany and South Korea in second, third and fourth place respectively.