Spain 2024. Auto Market Strong Start In Q2


Spanish Autos Market is back up and running in April after sales decreased the last month interrupting a 14-month positive string. Volkswagen reaches the top 3, increasing by 2 spots.

Market Trend and Outlook

Spanish Auto Market in April with 92,000 new registrations, a 23.1% increase from the prior year. After March putting an end to a 14-month positive run, the market responded with a strong increase. YTD sales up to 336,873 (+7.8%).

Looking at cumulative data up to April 2024 brand-wise, Toyota maintains leadership with 31,907 sales (+21.4%), followed by Seat at 22,864 (-2.9%), Volkswagen -up 2 spots- at 21,291 (-0.7%) and Kia with 20,722 units sold (-5.1%).

In 5th Peugeot -down 2 spots- with 20,627 sales (-10.6%) followed by Hyundai with 20,106 sales (+12.4%), in front of Renault at 18,533 (+6.1%) and Dacia at 17,015 (+14.6%).

In 9th Citroen at 15,420 sales (+4.7%) and closing the top 10 we have Mercedes into 9th with 14,848 sales (+10.2%).

Looking at the best-selling models, reported in a dedicated article, we can anticipate that the Dacia Sandero is on top of the rankings with a 24.1% increase in YTD sales, followed by the Iveco Daily up 54.7% and 4 spots.

Medium-Term Market Trend

Following 3 years of losses in 2013 the Spanish autos market started recovering, a growth that would last 6 years and would move sales from 744k to a peak of 1.34 million reached in 2018.

In 2019 sales staggered around the 1.3 million mark, but with the arrival of the pandemic in 2020 they fell 34.6% to 852k registrations. This would put the Spanish market in a difficult situation in the following two years.

After the pandemic car passengers sales remained practically flat in 2021 with 859k sales reported (+0.9%). 2022 performed even worse, losing 4.5% in y/y sales, before to score a robust recovery in 2023, when sales picked up 16.7%.


Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers’ Groups, and top 10 Models.

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