TradeNotableConfirmedDeveloping
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Chinese auto brands expand aggressively in Spain, nearing 40 brands
ExpansiónLO·CN · ES·about 10 hours ago
Ford's Spanish operations reported a 10% decline in turnover to €8.854 million and an 18% drop in vehicle production to 98,591 units at the Almussafes plant. The decline reflects broader European auto-sector weakness and potential model transition impacts. This signals continued softness in regional manufacturing and could weigh on local economic growth.