Spanish Auto Market in 2025 is expanding swiftly. YTD sales up to September grew 14.7%, with Renault in 2nd posting the best performance. EVs surged 142.8%, with BYD overtaknig Tesla in 1st.
Economic Environment
In 2025, Spain’s economy is expected to grow by 2.3%, slowing from 3.0% in 2024, with domestic demand driving expansion through strong consumption and investment. Inflation is forecast to ease to 2.2% in 2025 and 2.0% in 2026, while unemployment is projected to decline to 11.0% and 10.7%, respectively. The government deficit is set to fall to 2.6% of GDP in 2025 before slightly rising to 2.7% in 2026, with the debt-to-GDP ratio gradually declining to 101.1%.
Tourism and exports will remain key growth drivers, though external demand may weaken as imports recover. Risks include slower growth in key trading partners, while a drop in household savings could boost consumption. The labour market remains strong, though real income gains will moderate, and tax revenue growth will help offset expenditure pressures, despite potential costs from recent floods in the Valencia region.
Automotive Industry Trend and Outlook
The Spanish Car Market mantain robust growth up to September 2025, growing by 14.7% in year-on-year volume and reaching 854,656 units. The country was one of the few major european economies to grow amid broader struggles and uncertainty.
Brand-wise, Toyota secured again the leadership (+6.1%) with a 8.6% share, followed by Renault in 2nd which gained 3 spots and secured a 7.1% share (+36.8%). Volkswagen ranked 3rd with a 6.6% share (+15.5%).
Seat -down 1 spot- ranked 4th (4.8%), followed by Hyundai –down 1 spot- in 5th (+2.4%). Dacia -down 1 spot- ranked in 6th (+23.5%), and Kia -up 1 spot- in 7th (+9.2%).
Peugeot -down 1 spot- secured 8th spot (+6.4%) followed by Mercedes in 9th (+10%) and in 10th place MG which surged 5 spots (+61.1%).
Looking at the best-selling models, reported in a dedicated article, the Dacia Sandero was still on top of the rankings with a 19.7% increase in sales, followed by the MG ZS (+28.3%) and the Renault Clio (+25.7%).
EV Market Trend and Outlook
EV adoption in Spain is surging quickly, growing 142.8% up to September 2025. The country’s EV ecosystem is strenghtening thanks to policy packages such as the MOVES III. Still, the share on the total remains lower compared to other european countries at 9%.
BYD soared to 1st place, climbing 2 spots with an astonishing 578.3% growth, while Tesla lost its leadership, despite still growing 9.4%. Kia -up 8 spots- ranked 3rd.
Medium-Term Market Trend
The Spanish auto market experienced remarkable growth between 2014 and 2019, expanding by 51.88%, fueled by the country’s economic recovery from the 2008 financial crisis, which boosted consumer confidence and vehicle purchases.
By 2019, sales stabilized around 1.3 million units, but the COVID-19 pandemic in 2020 triggered a sharp 34.6% decline, bringing registrations down to 858,000 and creating a challenging market environment for the following years.
In 2021, passenger car sales remained flat at 859,000 units (+0.9%), while 2022 saw further struggles. However, a strong rebound began in 2023, with a 17% increase, followed by continued growth in 2024 (+7.1%), driven by government incentives, a resurgence in tourism, and improving economic conditions.
The EV sector also saw impressive momentum, surging 185% between 2021 and 2023, with an additional 34.5% growth in 2024. Despite rising competition from Chinese automakers, European brands like Renault and Dacia remain committed to driving EV adoption, shaping Spain’s transition towards electrification.
Tables with sales figures
In the tables below we report sales for all Brands, top 10 Manufacturers’ Groups, and top 10 Models.
