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28 Apr
10:16

Spanish automotive industry remains weak in March

Spain’s carmaking sector remained depressed in March. Production and exports both fell, while local manufacturers fretted over the effects of the Russia-Ukraine war. This came on top of problems resulting from higher electricity costs in the country and the global semiconductor shortage, Kallanish notes. Lower performance in March also reflects the impact of the two-week road transport strike. Output in March was 181,401 units, a decrease of 20.1…
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