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25 Mar
09:12

Spanish automotive output dips in February

Spain’s carmaking sector remains constrained. Production and exports both fell in February, while local manufacturers implemented some stoppages at their lines, with delays remaining across all production chains due to the global semiconductor shortage. The microchip crisis joins the higher electricity costs in the country and the international uncertainty resulting from the Russia-Ukraine war, Kallanish notes. However, it is still too early to assess …
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