The Automobile Demand in Spain

Holm-Detlev Köhler and José Pablo Calleja Jiménez

Chapter 5 in Global Automobile Demand, 2015, pp 127-150 from Palgrave Macmillan

Abstract: Abstract Spain is one of the most prominent victims of the global economic crisis following the subprime crash in 2007. The international financial crash coincided with the homemade real estate bubble, and after 14 years of growth, it caused the deepest economic downturn in democratic Spain. The present chapter starts with a general overview of the main characteristics and recent trends in Spain’s automotive sector. The second section outlines the automotive policies which always had significant impacts on the development of the sector and currently attempt to promote e-mobility. The following part provides a detailed look at the automobile demand structure and its relation to income and wealth distribution. We conclude with some reflections on the structural changes and future prospects of car markets in Spain.

Keywords: Electric Vehicle; Automotive Sector; Automobile Demand; Demand Structure; Spanish Economy (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-51614-5_6

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DOI: 10.1057/9781137516145_6

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