Contact Us

Home> International News> News detail

Overview of the Automotive Industry in Portugal

From| June 27 , 2007

The automotive industry provides an excellent example of Portugal’s industrial capabilities.

The industry generates more than 6.6 billion Euros a year (including 4.1 billion in components) and currently employs more than 45.000 workers in about 160 companies. Estimated growth over the next two years is 16 percent.

Overview of the Automotive Industry in Portugal

Modernization of the industry

Portugal's pre-1983 automotive industry consisted of little more than a few plants doing rudimentary assembly work to satisfy local content laws. But then Renault built an integrated plant for manufacturing vehicles, engines and transmissions that began training a nascent industry on global competitiveness. Officials at Intelli, a government-sponsored think tank that studies and promotes the auto industry in Portugal, view Renault's investment as the beginning of the modern era of vehicle manufacturing in their country. They also say that many of the best Portuguese suppliers at work today were trained by Renault. However, though Renault provided an anchor for the sector's growth in the 1980s it has since moved on. The current dominant player is Volkswagen's AutoEuropa plant, which opened in 1993 and produces fully half of all of the vehicles made in Portugal.

Manufacturers including VW, Mitsubishi, Opel, Toyota and Citroën assemble more than 240,000 cars a year in Portugal. More than 80 percent of Portugal's vehicle production is exported to other European countries.

All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us:

Install Gasgoo APP

Anytime and anywhere to know the dynamics of China's auto industry

Hot Auto Products| e-Catalog| Auto Products Directory| Auto Parts Manufacturers|

Gasgoo Site: Automotive News| 中文站| 汽车资讯| 出口供应商| 汽车社区|

Copyright Notice © 2016 Corporation and its licensors. All rights reserved.