Economy - Page 5
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Wallbox shuts Texas plant and moves all production to Barcelona
Wallbox has stopped making chargers in Texas and now builds everything in Barcelona. After a year of big losses and rising debt, the company is fighting to survive. What does this mean for Wallbox and the EV industry?
Spain’s cheapest petrol stations: Where to fill up for less right now
Fuel prices are still hitting Spanish drivers hard after a busy weekend on the roads. Here are the five cheapest places to buy petrol and diesel in Spain today, plus simple tips to help your fuel last longer.
Leapmotor B10 faces real production test at Stellantis Figueruelas
The Leapmotor B10 isn’t rolling out of Spanish factories for buyers yet. Only test cars have left Stellantis Figueruelas so far. The real push for European production and pricing starts this autumn.
Diesel Costs Surge 68% Before Tax Since Iran War Began
Diesel has risen 68% before tax since the war began. Tax relief has softened the increase for drivers, but transport groups are demanding fresh support before the current measures expire.
Moroccan car factories outpace Spain with record low absenteeism
Morocco’s car factories are pulling ahead of Spain not just on wages but on worker attendance. With absenteeism below three percent and a younger workforce, the country is becoming a serious rival for European automakers seeking efficiency.
Dacia Sandero stays on top as electrified car sales jump in Spain
Car sales in Spain rose 11.7% in March 2026, driven by a surge in electrified and hybrid models. Dacia Sandero led the pack, Toyota topped the brands, and Chinese cars made new gains.
Sánchez attacks PP and Vox over Ceuta crisis response
Pedro Sánchez has pledged fresh funding for Ceuta, including direct aid for small businesses and self-employed workers from October. He accused PP and Vox of seeking political images instead of helping solve the crisis.
Renault urges EU to halt new car rules for a decade
Renault’s CEO wants the EU to stop adding new car rules for ten years, warning that rising costs are making vehicles less affordable. The company says slowing down regulation is key for European carmakers to stay competitive.
ERC calls for control over Barcelona airport expansion
ERC wants Barcelona airport expansion halted. Diana Riba is calling for Catalonia to control future investment and put rail ahead of further tourism-led growth.
Electric car sales jump in Aragón as buyers turn to new options
New car registrations in Aragón have shot up this year, with electric and hybrid models leading the way. Rising fuel prices and government incentives are changing how people in the region buy cars.
Old cars pump out nearly half of Spain’s vehicle emissions
A major study finds that cars over 15 years old now cause 43 percent of Spain’s vehicle emissions. Slow fleet renewal and low scrappage rates are making the problem worse for both the environment and the economy.
Electric cars cut deep into Spanish dealerships’ repair profits
Spanish dealerships are losing their main source of workshop profit as electric cars need far less maintenance. Independent garages are stepping up, forcing the industry to rethink a business model that has lasted for decades.
Tesla Model 3 sparks record jump in Spanish electric car sales
Electric car sales in Spain shot up 73 percent in September. Tesla leads the charge, Chinese brands are catching up fast, and battery prices are falling below key levels.
Spanish right stalls as internal fights block urgent reforms
Spain’s right-wing parties are tangled in infighting while the country faces deepening economic and social problems. With no coordination, key reforms stall and voters are left waiting for answers.
China changes the rules of global trade as Europe scrambles to keep up
China’s rise as an economic giant has forced Europe to rethink its game plan. Salvador Beltrán breaks down how China’s system, population control, and focus on education have shifted the balance—and what this means for European industries.
Travel insurance grows as tourists prepare for a riskier journey
Travel insurance is growing by around 5% a year as war risks, natural disasters and transport failures change what tourists expect. Heymondo forecasts a 40% rise in premiums and says it will insure more than two million travellers this year.
Chinese car giants reshape Spanish factories in electric race
Chinese automakers are moving in. BYD, Geely, Chery, MG, CATL, and Leapmotor are setting up production and battery plants in Spain, sidestepping EU tariffs and changing the face of the country’s car industry.
Galician Industry Turns to Asia as Imports Surpass the Americas
Galicia is shifting its focus east. Imports from Asia have now overtaken those from the Americas, with textiles and cars leading the way. The regional government is doubling down on new partnerships and business opportunities.
La Palma Still Lives With Tajogaite Five Years Later
Five years after the Tajogaite eruption, dozens of families are still living in temporary housing. Rising property prices, slow reconstruction and tightly controlled returns continue to prolong the crisis across La Palma.
Feijoo puts Ceuta and Melilla at the heart of his 2027 plan
Alberto Núñez Feijoo has pledged an integrated strategy for Ceuta and Melilla, including weekly Cabinet attention for both cities. Support from Brussels gives the proposal a broader European framework.
Zaragoza airport to launch 20 new routes, connecting 15 countries by 2027
Zaragoza airport is set for a major expansion, with 20 new routes to 15 countries launching in March 2027. Supported by €8.8 million in public funding, the initiative seeks to elevate the city’s status in European aviation.
Buying a New Car in Spain Now Demands Fewer Workdays Than in 1975
A detailed comparison reveals that Spaniards today need fewer days at minimum wage to afford a basic new car than in 1975. Yet the rising cost of living and delayed entry into the workforce complicate the picture.
Lagarde revives speculation about an early ECB departure
Christine Lagarde has again refused to rule out leaving the ECB before her mandate ends. Spain is positioning itself for the succession contest, with Pablo Hernández de Cos among the leading names.
Electric car sales surge as Spain falls behind in production
Electric vehicles are breaking sales records worldwide and gaining ground in Spain. Yet Spain’s manufacturing output is slipping and the country remains far from its 2030 electrification goals. The gap between ambition and reality is growing.
BYD considers Spain for next European electric vehicle plant
BYD is close to choosing Spain as a finalist for its next European factory, a move that could significantly boost the country’s role in electric vehicle manufacturing. The decision is still pending, but competition among Chinese brands for Spanish production is intensifying.
Spanish farmers to stage nationwide protests as diesel prices soar
Spain’s main farming unions are mobilising for mass protests after agricultural diesel prices surged 48% in a year. With state subsidies about to expire and no alternatives offered, producers warn their livelihoods and the country’s food supply are at risk.
Volkswagen aims for one million vehicles with electric drive in Iberia
Volkswagen is betting on compact electric cars to reach a million vehicles produced in Spain and Portugal by 2027. The launch of the ID.Cross in Navarra marks a turning point, with new models and expanded factories reshaping the region’s automotive landscape.
Volkswagen sets new production record in Spain with electric and hybrid cars
Volkswagen has begun production of the ID Cross in Navarra, completing the electrification of its Spanish factories. The group now aims for over one million vehicles annually across its Iberian plants, strengthening jobs and future investment.
Spain’s Car Fleet Ages as Economic Pressures Mount
The average car in Spain is now nearly fifteen years old, exposing the country’s growing economic challenges. As new cars slip out of reach for most, Spanish roads fill with aging models and low-cost imports, revealing the gap between image and reality.
Ibex 35 under pressure as contract expiries and currency swings collide
The Ibex 35 heads into a volatile session, with contract expiries, currency shifts, and oil prices all weighing on Spanish equities. Central bank decisions and credit ratings add to the uncertainty.
Milei Replaces Olivos Civil Staff With Military After Economic Data Sparks Tensions
Javier Milei has ordered military personnel to take over management of the Olivos presidential residence, following the release of troubling economic data and a public attack on the press. The move has fueled concerns about his leadership and Argentina's political climate.
Oil routes blocked as Middle East war disrupts global supply
Key oil routes in the Middle East have been blocked or attacked. The closure of the Saudi pipeline and Bab el Mandeb strait is driving up global fuel costs. The world economy faces new risks as supply routes remain under threat.
BYD accelerates dealership expansion across Spain
BYD has added eleven new dealership groups in Spain, bringing its network to 107 sales points and 86 official service centers. The company is targeting 130 locations by year-end and is preparing to enter Andorra.
Israel and Morocco move to reopen embassies after diplomatic breakthrough
Israel and Morocco have agreed to reopen embassies and boost economic cooperation. The deal revives diplomatic ties frozen since 2000. US support and recognition of Moroccan sovereignty over Western Sahara play a key role.
Spain begins construction of Onuba hydrogen plant in Huelva with €1 billion investment
Work has started on Onuba, a major green hydrogen plant in Palos de la Frontera. With 300 MW of electrolysis and over €1 billion invested, the project marks a significant step for Spain’s energy sector.
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