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28 Jun
13:26

Spanish automotive industry recovers in May

Spain’s automotive sector saw production recover in May, although only slightly. Exports, however, remain depressed, as a result of the Russia-Ukraine war impact and the global semiconductor shortage, Kallanish notes. Output in May was 183,830 units, an increase of 0.5% versus the same month last year. Five-month production amounted to 902,680 vehicles, down 12.6% over January-May last year. Meanwhile, poor sales in major markets, together with t…
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