Competitive beyond 2020
Fifteen years ago, all the talk was about the tough future facing the Spanish automotive industry in light of the strong competition from Eastern Europe and Turkey. And when from 2008 onwards the worsening financial crisis dealt the sector blow after blow, alarm bells began to sound. In response, Spain’s industry demonstrated its capability, successfully putting new vehicle programmes into operation and taking on exclusive worldwide manufacture of a significant number of them. In general, the outlook through to the end of this decade is bright. But industry executives are already looking well beyond that to ensure that Spain’s vehicle-making industry, backed up by a powerful equipment and components sector, continues to compete at the highest level well into the future. Faced with new economic uncertainty, and with the aim of reinforcing the country’s solid industrial base, the sector now needs to align itself with the latest technological trends whilst attracting the talent needed to continue growing in the coming decades. New technologies, and the professional profiles needed to implement them, are redefining cutting-edge sectors, of which the automotive industry has long been one.