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27 Mar
09:09

Spain`s automotive sector recovers in February, outlook negative

Spanish automotive production rose year-on-year in February after the drop seen at the beginning of the year and before the halting of domestic factories caused by the Covid-19 outbreak, Kallanish learns. The national automotive association, Asociación Nacional de Fabricantes de Automóviles y Camiones (Anfac), however, foresees output slumping between -50% to -60% in March. “The Spanish automotive sector is suffering a sharp drop in March…
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