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The Automotive industry
 
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In 2008, the Basque automotive sector maintained its turnover levels, standing at 11,176 million euros, in spite of a really difficult last quarter in which there was an important drop in activity of around 40%.

The main causes of this fall in activity were the decrease in consumption, the lack of financing and the increase in vehicle stocks, which led to lower production levels, staff adjustments in factories, decreased investment activities, etc. Spain is included among the major markets that have suffered significant falls, although sales in all markets experienced heavy losses. This fall in activity has led to a situation whereby, during this same period, employment fell by 9.6%, standing at 37,026.

The situation continued its downward trend during the first six months of this financial period due to the aforementioned factors and especially to the high stock levels which have forced vehicle manufacturers to stop or reduce their production until these have been cleared.

In this sense, the forecasts for this financial period are of a 23.4% reduction in turnover to 8565 million units, with a fall in employment of 7.7% to 34,162 workers.

The Basque automotive sector has approximately 300 companies, with 500 production units, employing 67,314 people throughout the world. There are somewhat more than 110 production units outside Spain. The industrial fabric of the automotive sector is structured in 36 multinational companies, 30 local business groups, as well as many family businesses, cooperatives and worker-owned companies.

With regard to markets, 78.7% of sales are outside the Spanish State, mainly in the EU-27 (47.21%), while 31.49% are outside Europe.

These figures were presented at the First Automotive Strategy Meeting organised by AIC and APD and held at the AIC-Automotive Intelligence Centre.

Such firms are involved in all vehicle functions, from transmission (44%), the engine (28%), interior furnishings and features (26%) and chassis and bodywork (19%) to external fittings (7%), electrical and electronic parts and systems (7%) and tyres and wheel rims and hubs (3%).

ACICAE also stresses the sheer diversity of technologies and processes the Basque automotive industry offers, with machining predominating (65%), injection (28%) and cold stamping (21%). Mechanical joints (32&) and welding (24%) are the most common types of joints to be found in the industry. Surface finishing accounts for 46% and heat treatments 33%. Non-ferrous materials are the most used at 76%, with plastics (30%) and aluminium (20%) on the increase.

Finally, the Basque Country has two manufacturing and vehicle assembly plants, one with a capacity of 95,000 vehicles a year belonging to Mercedes-Benz in Vitoria, and the other Irizar, with factories in the Basque Country, Brazil, China, India, Mexico and Morocco.


RELATED LINKS
ACICAE - Agrupación Cluster
Automotive Intelligence Center
Mercedes-Benz España
Irizar
Business News

 

(Source: Lehendakaritza - Secretaría General de Comunicación)

Fecha de la última modificación: 07/10/2009