During the past year 2022, the automobile market in Spain sold almost 1 million new cars, for a total value of more than 36,000 million euros. And although they are not the best historical data, due to a slight drop in the number of registrations, it turns out that the sector achieved a profitability of more than 2% during that time.
But not everything is coincidence. The economic context that intensely affects almost all sectors has not made an exception for the automotive sector, and for some time now the price of cars has become significantly more expensive. Thus, in Spain, The value of newly registered vehicles increased by almost 7% in 2022, and a total of 23% more since 2019, according to Faconauto, the Federation of Spanish automotive dealer associations.
Today the average price of a car in Spain rises to 33,750 euros, although it all depends on the type of vehicle: diesel, gasoline, electric, hybrid… Despite everything, and as has been common for some time now, decades, the king is the Toyota Corolla, one of the best-selling models not only in Spain but also in the world. Although The first place in the Spanish ranking goes to the Hyundai Tucson, which in 2022 sold 22,000 units.
The cheapest for less than 15,000 euros
30 years ago, the most popular Ford model, the Ford Fiesta, cost around 7,500 euros, a figure that will almost triple in 2023: an average of 20,000 euros and a maximum cost of almost 30,000 depending on the added extras.
Just a reflection of the situation in the sector, where today no car has a value below 13,000 euros, the figure for the cheapest car in Spain: the Dacia Sandero (specifically 13,190 euros for the Essential version and 14,040 for the Expression version). Although the Fiat 500, one of the Dacia’s big competitors Due to its price, it is also sold at a similar value of 13,545 euros.
But, really, the ‘enemies’ of the Dacia Sandero have other names: Seat Arona and Toyota Corolla. Although the first place for the best-selling car in Spain 2022 is for the Hyundai Tucson and the second for the Romanian brand’s model (20,800 units sold in 2022), the third and fourth places are shared between the Spanish company and the giant Japanese automobile, with 17,400 and 17,000 cars sold respectively.
Sales in the rest of the world
However, other large companies with a larger international presence such as Volkswagen, Ford and Fiat, among others, enter the global automotive scene, quite different from the Spanish one.
This is the case of Germany, where the first three best-selling car models during 2022 belong to Volkswagen, the German company founded in 1937: Volkswagen Golf, Volkswagen Tiguan and Volkswagen T-Roc.
For its part, in France, the Dacia Sandero model occupies second place in the top 3 best-selling cars; Peugeot 208 and Renault Clio in first and third place, respectively.
In Asian countries, Japanese companies are the most successful. Apart from Toyota, Nissan covers large market shares, especially in nearby countries such as China or Korea. The case of India is particular: Maruti Suzuki Arena, a company partly owned by the Japanese company Suzuki, leads the market with three of its models in the top 3, such as the Maruti Wagon, Maruti Baleno and the Maruti Swift.
Advance payment 2023
With just over a month left until the end of the year, the latest data offered by the Spanish Association of Automobile and Truck Manufacturers (Anfac) indicates the preference of Spanish drivers for medium-sized SUVs and small utility vehicles. It should also be noted that 4 out of every 10 vehicles sold throughout 2023 are gasoline, while only 13% belongs to diesel cars. For its part, the largest market share, 44%, belongs to electric, hybrid and gas vehicles.
The Toyota Corolla, Dacia Sandero and the Seat Arona have been joined in recent months by the Peugeot 208 and the Fiat 500, although the Opel Corsa and the Kia Sportage also appear, although we will still have to wait a few weeks to find out what the car was. best seller in 2023.
