ANFAC and SERNAUTO demand a shock plan for the automotive industry

At the meeting, both the president of ANFAC and that of SERNAUTO, Francisco J. Riberas, expressed their concern about the complex and delicate situation that the automotive industry is going through in our country. Due to the effects caused by the pandemic, it has been necessary to face the –unresolved– semiconductor crisis, the rise in the prices of raw materials, the consequences of the invasion of Ukraine and the “exorbitant” increase in prices. energy and logistics costs. All this in a context of “unprecedented” instability and uncertainty.

Faced with this situation, ANFAC and SERNAUTO are calling for a Shock Plan for the automotive industry to mitigate the impact that this situation is having on companies in the sector.

The plan has a double objective. Spain is the second European producer of vehicles thanks to its vehicle factories and its extensive network of companies supplying automotive components. To maintain this position in the new mobility, we must take advantage of the fact that the transformation towards the electric vehicle and the elimination of the carbon footprint represent an opportunity to relocate CO2-neutral parts, products and services in Spain from their production to their distribution and marketing. .

Spain must efficiently use the arrival of European Next Generation EU funds to gain technological autonomy and bring critical components such as semiconductors or batteries to the country.

It is also necessary to promote relocation to have greater guarantees in the availability of financing to strengthen working capital –particularly for SMEs– or an increase in tax credits for industrial, product and process development projects. In this way, the weight that it has lost in the last three years would be returned to the national industry and its companies.

On the other hand, to consolidate Spain’s position as the second largest producer of vehicles at European level in the new mobility, it is necessary to move towards it guaranteeing technological neutrality, at the same time that sales of electrified vehicles are promoted. Measures such as the exemption from income tax of subsidies, tax credits for the renewal of fleets for electrified vehicles, or the articulation of mechanisms for a more efficient Moves III Plan, would be essential tools in this direction. In addition, the Government is asked to establish binding and annual objectives to accelerate the installation of fast charging points.

As the penetration of the electrified vehicle increases and a network of charging infrastructure on the rise, benefited by a tax reform of the automobile linked to the use of the vehicle and not to its purchase, a greater volume of investment in Spain will be attracted from companies in the sector. Also, this shock plan would have benefits for the environment, since it would help to remove older and less efficient vehicles from circulation.

As Wayne Griffiths, president of ANFAC, points out, “Spain is the second largest vehicle manufacturer in Europe. If we want to maintain this position and the competitiveness of the automotive industry, and continue to attract investment to the country, we must make efficient use of the arrival of European funds to achieve the new products of the new mobility and manufacture them without a carbon footprint”.

According to the president of SERNAUTO, Francisco J. Riberas, “extraordinary situations like the current one require extraordinary measures. We represent a strategic industry for our country and we must support it to be able to overcome this period with guarantees, without losing competitiveness or the important employment that we generate”.

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