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The Automobile Demand in Spain

In: Global Automobile Demand

Author

Listed:
  • Holm-Detlev Köhler
  • José Pablo Calleja Jiménez

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.

Suggested Citation

  • Holm-Detlev Köhler & José Pablo Calleja Jiménez, 2015. "The Automobile Demand in Spain," Palgrave Macmillan Books, in: Bruno Jetin (ed.), Global Automobile Demand, chapter 5, pages 127-150, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-51614-5_6
    DOI: 10.1057/9781137516145_6
    as

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