Bad news for the Volkswagen Group in Spain. Until September, the sales of the German car manufacturer in the Spanish market have registered an increase of 15%, registering 177,337 units compared to 153,092 in the same period of the previous year. A figure that has not been enough to exceed registrations in the main European markets and is already behind Italy, France and Germany. A scenario that reflects how the semiconductor crisis is already affecting Spain more than the rest of the European markets, as this newspaper pointed out.
Thus, Volkswagen has succeeded in France, which occupied the last position of the main European markets compared to the same period of the previous year, improve its sales and overtake the Spanish market with 188,072 registered units. Followed by Italy, where the German car manufacturer has managed to sell 203,789 vehicles, which translates to 20% compared to the year of the Covid-19 pandemic.
However, the jewel in the crown for Volkswagen is Germany, the car manufacturer’s world leader in sales, with almost 750,000 units sold in just nine months, an increase of just 8% compared to the 745,000 sales in the same period of 2020, as the German market suffered less from the impact of the coronavirus crisis due to the stimuli launched by the Government of Angela Merkel to avoid a collapse in registrations – far from the aid launched by the Government of Pedro Sánchez to face the pandemic.
During the first nine months of the current year, the German company that presides Herbert Diess It registered 6.95 million vehicles of all its brands worldwide, representing an increase of 6.9% compared to the year of the pandemic. Thus, the Spanish market does not occupy even 3% of Volkswagen’s world sales despite the role played by Seat -with a plant in Martorell- within the automotive group.
The Spanish Seat It ended the first nine months of the year with a 45% cut in its ‘red numbers’, by recording operating losses of 159 million euros, after achieving an increase in registrations compared to the year of the pandemic of almost 25% .
The production of the Volkswagen plants fell by 0.1%, to 6.09 million vehicles due to the strong impact of the bottleneck in the automotive value chain caused by the lack of supply of semiconductors, the shortage of raw materials in the global market and the increase in the price of transport.
Faced with this situation, the automotive multinational has decided to lower its forecast of worldwide registrations for the current year as a whole, in such a way that it estimates to equal the records recorded in 2020 despite the fact that the factories closed for just over two months due to the impact of the restrictive measures of the different governments to face the pandemic.
One of the plants of the group that is suffering the most from the impact of the semiconductor crisis is Seat in Martorell. The Catalan factory was forced to apply a temporary employment regulation file (ERTE) for productive and organizational reasons to face the shortage of microchips. A file that continues today and that has already caused the loss of production of more than 150,000 vehicles so far this year.
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