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

Leapmotor C10 ganha versão limitada de alto desempenho com selo Irmscher
Latest News

Leapmotor C10 receives a limited high-performance version with Irmscher certification.

Chinese brand of the Stellantis consortium, Leapmotor, announced a collaboration with the German tuner Irmscher, to launch a limited edition...

by Virgilio Machado
August 14, 2025
Aston Martin celebra 75 anos no Continente Americano com coleção exclusiva ‘Thrillseeker’
Latest News

Aston Martin celebrates 75 years in the Americas with the exclusive ‘Thrillseeker’ collection.

Aston Martin will celebrate its 75th anniversary on the American continent with a dominant presence at Monterey Car Week 2025.To...

by Virgilio Machado
August 14, 2025
VW investe cerca de €5 mil milhões numa joint venture com a Rivian
Latest News

Rivian may be developing a ‘steer-by-wire’ system.

Rivian, the American electric vehicle brand, may be working to equip its future models with a 'steer-by-wire' system, meaning a...

by Virgilio Machado
August 14, 2025
Futuro do Skoda Octavia começa com este protótipo
Latest News

The future of the Skoda Octavia begins with this prototype.

Skoda Auto has unveiled the first exterior video of the Vision O design study, showcasing details of the evolution of...

by Virgilio Machado
August 14, 2025

Recent News

Yuki Tsunoda on the Brink: Shocking F1 Move to Alpine Could Change Everything!

Yuki Tsunoda on the Brink: Shocking F1 Move to Alpine Could Change Everything!

August 25, 2025
Oscar Piastri Declares No Fear of Lando Norris Rivalry Tension Amid F1 Title Showdown

Oscar Piastri Declares No Fear of Lando Norris Rivalry Tension Amid F1 Title Showdown

August 25, 2025
Rookie Star Gabriel Bortoleto Shocks F1 with Rapid Rise Amid Sauber’s Thrilling Transformation!

Rookie Star Gabriel Bortoleto Shocks F1 with Rapid Rise Amid Sauber’s Thrilling Transformation!

August 25, 2025
Valtteri Bottas Faces Shocking Penalty on Epic F1 Return with Cadillac in 2026!

Valtteri Bottas Faces Shocking Penalty on Epic F1 Return with Cadillac in 2026!

August 25, 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