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17 Jan
12:02

Spanish automotive production exceeds expectations in 2016

The production of vehicles in Spain last year surpassed expectation, according to a statement by Anfac, the local carmakers' association. During recent months however some signals have pointed to a possible slowdown in growth this year. The country’s factories produced 2.88 million units in 2016, up over 5.5% y-o-y and above the association’s expectation of 2.8m. This is the highest annual production level since 2007, Kallanish notes. While th…
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