AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear

Exports of automotive components reach new record in April

Virgilio Machado by Virgilio Machado
December 6, 2024
in Latest News
Reading Time: 2 mins read
0
Fábrica da Stellantis em Mangualde alcança melhor ano de produção da sua história

The Association of Manufacturers for the Automotive Industry (AFIA) revealed that automotive component exports reached a new record of €1.1 billion in April 2024, reflecting an 11% increase compared to the same month of the previous year.

These newly revealed data reflect an absolute record, also comparing to the 15.5% increase in total national goods exports.

“It is worth noting that automotive component exports account for 16.1% of national tradable goods exports, which means that for every €100 exported, €16.10 comes from the automotive component industry,” says José Couto, president of AFIA.

Regarding the cumulative total up to April, there was a slight decrease compared to the period between January and April 2023, with automotive component exports reaching €4.3 billion.

Thus, despite accounting for 88.8% of automotive component exports, exports to Europe in the cumulative total of 2024 recorded a decrease of 2.8% compared to the same period of the previous year. Spain maintains its leadership as the main destination for Portuguese components with 27.8% (-3.2%), followed by Germany and France with 23.9% (4.6%) and 8.4% (-26.2%), respectively.

“Despite the improved results compared to March, it is important to be aware that we continue to face very difficult moments resulting from economic instability, challenges related to the decrease in orders, and international conflicts. We have no doubt that it is necessary to remain competitive and capable of making a difference so that our customers recognize us as partners. The moment is complex, it requires us to be attentive and anticipate unpleasant surprises,” adds José Couto.

Tags: abril 2024AFIAAssociação de Fabricantes para a Indústria AutomóvelComponentes para automóveisJosé Couto
Share212Tweet133Send

Related Posts

Explorer 100% elétrico é o primeiro modelo a sair da renovada fábrica da Ford de Colónia
Latest News

Ford will present a new strategy for electric mobility.

Ford is ready to announce a new strategy for electric mobility, which, according to the brand's CEO, Jim Farley, will...

by Virgilio Machado
August 1, 2025
BYD já vendeu um milhão de unidades do Dolphin Surf
Latest News

BYD’s production declines in July for the first time in 16 months.

BYD's vehicle production fell by 0.9% in July compared to the same month in 2024, ending a 16-month growth streak...

by Virgilio Machado
August 1, 2025
VW alcança marco histórico de 180 milhões de automóveis produzidos
Latest News

TWENTY: VW is responsible for temperature-sensitive emissions ‘software’.

The Court of Justice of the European Union (CJEU) decided this Friday that car manufacturers such as VW remain responsible...

by Virgilio Machado
August 1, 2025
Nissan Micra reinventado com ajuda da Renault
Latest News

Nissan will close the factory that produced more than 6 million vehicles.

Nissan will close the factory in Cuernavaca, Mexico, after decades of continuous operation and millions of vehicles produced.One of the...

by Virgilio Machado
August 1, 2025

Recent News

Explorer 100% elétrico é o primeiro modelo a sair da renovada fábrica da Ford de Colónia

Ford will present a new strategy for electric mobility.

August 1, 2025
Roger Penske’s Prodigy Austin Cindric Poised to Dethrone Kyle Larson in Spectacular Supercars Debut

Roger Penske’s Prodigy Austin Cindric Poised to Dethrone Kyle Larson in Spectacular Supercars Debut

August 1, 2025
Max Verstappen’s Reckless Act Sparks FIA Fury – Will F1 Champion Face Severe Consequences?

Max Verstappen’s Reckless Act Sparks FIA Fury – Will F1 Champion Face Severe Consequences?

August 1, 2025
Power Shift: George Russell’s Contract Negotiations With Mercedes Take a Dramatic Turn

Power Shift: George Russell’s Contract Negotiations With Mercedes Take a Dramatic Turn

August 1, 2025

Newsletter

  • PRIVACY POLICY
  • TECHNICAL INFORMATION
  • EDITORIAL STATUS
  • TERMS AND CONDITIONS

© 2023 AutoGear - Todos os direitos reservados AutoGear.

No Result
View All Result
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語

© 2023 AutoGear - Todos os direitos reservados AutoGear.

Enable Notifications OK No thanks