Automakers announced net profit 767 million euros in Spain in 2022well reduce 33% Net result for the previous year of 1.011 million Euros, according to the 2022 Annual Report of the Spanish Association of Automobile and Truck Manufacturers (Anfac).
Manufacturers and associated companies in Anfac in 2022 70,392 million euros in revenuean increase of 15.8% compared to EUR 60,908 million invoiced the previous year.
Covid and the consequences of war
The organization that presented the document this Wednesday underlined that this data is conditional. after that Pandemiclack of materials such as aftermath of war and microchip crisis, factors affecting both production and vehicle registration. Therefore, the sector expects the figures to stabilize once the economic situation improves.
The document, in turn, is a list of automakers throughout the year 2022. Investment of more than 1,700 million euros14.5% more than in the previous year due to the “priority” represented by the industrial transformation towards electric vehicles and sustainable mobility for brands based in Spain. In addition, Anfac assures that this investment “confirms” the country’s special importance as a center of the automotive industry.
Increase in templates
Automobile brands closed 2022 with a record Workforce volume of 62,341 people in SpainIt represents a 1% increase compared to the 61,704 people they employ in 2021.
President of Anfac, Wayne GriffithsIn a letter attached to the report, he explains that the automotive industry is following the roadmap towards decarbonization, relying “strongly” on electrification, although the current situation is not very favorable. “It does this in the belief that the industry must lead the change towards new mobility”.
Likewise, while Griffihts calls for accelerating the charging infrastructure network, he considers it “urgent” to take measures to make the purchase of electric vehicles attractive.
“The industry is adapting, which reaffirms my optimism. I see the electric vehicle as an opportunity for the Spanish industry. Our commitment to the industry and employment is stronger than ever today. we can’t waste a minute, because the electrification train is running and will not stop. “Immediate action is needed to produce more electric passenger cars in a market that has to catch up with the European leaders we want to compete with,” he said.
Tax collection increased by 13%
On the other hand, Public tax collection for car fees and taxes amounted to 39,177 million This represents an increase of 13.2% compared to the 34,148 million euros that entered the public coffers in 2021.
José López-Tafall, managing director of Anfac, said that the recovery in employment in the automotive sector “continues to be an economic and employment benchmark” of “an industry that contributes to 10% of GDP,” as well as of manufacturers and production centres.
The Spanish paid 4,590 million Euro fees and taxes 7.8% more for new vehicle purchases during 2022. Of this total, 4,011 million euros corresponded to 4.5% more VAT payment, with 578.9 million euros paid as registration tax (+38.4%).
For its part, public collections for fuel consumption increased by 18.4% to €24,248 million last year, while municipalities entered the circulation tax 0.4% higher at €2,972.9 million.
transfer Used vehicles brought a total of 580 million Euros to the public coffers revenue compared to last year, an annual increase of 4.6%.