Dealers in 2016 averaged 1.6% profitability on 2016 sales of €7 billion, a margin far from the desired 3% “that has already been reached by our colleagues in the U.S.,” says Jaime Roura, president of...
Hyundai Spain General Manager Polo Satrustegui forecasts 55,000 sales and a 5.5% market share for 2017, but says deliveries and share could reach 58,000 and 8%, respectively, if the government renews a cash-for...
Nissan Spain executive Alan Johnson says NT500 production is being terminated because sales of the truck didn’t justify the investment required to upgrade its engines to meet European emissions standards.
Mazda Spain sees a flat result this year, estimating it will sell only about 18,500 units. CEO Jose Terol says that is because he expects the midyear launch of its best-selling CX-5 to curtail sales of the model it...
The fifth-gen Ibiza is one of the first vehicles built upon VW Group’s MQB A0 platform, a shorter variant of the new, weight-saving MQB platform. Future VW Polos and a small CUV based on it also will use...
Nissan ranked eighth in sales and claimed a 5% share of the Spanish market in 2016. The automaker’s strength was in CUVs, where it held a 14% share of a segment that occupies nearly 25% of the overall market...
Ford Spain hopes to make further gains in 2017 with new models such as the Transit Custom Sport, a short-wheelbase variant of the Ford Custom 1-ton CV.
Toyota’s strength was in the 25,362 sales of its seven brands of hybrid vehicles. Last year’s deliveries gave the automaker a 43% share of the hybrid market, up from 26% in 2014.
Industry sources say the nearly flat result in second-half 2016 profitability may be linked to purchases made ahead of expiration of the government’s cash-for-clunkers program in July.
Opel Spain sources have said with GM’s new focus on increased output of small models, the Figueruelas plant by 2020 could approach its maximum capacity of 500,000 units per year and top the record 489,000 built...