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2mo ago

Galicia Advances as a European Automotive Leader with Strategic Investments and Policy Advocacy

President Alfonso Rueda highlights the region's €230 million Automotive Master Plan and calls for regulatory flexibility and expedited funding to strengthen the sector.

De izquierda a derecha, Patricia Moreira, Alfonso Rueda, José Luis Alonso Mosquera y Alberto Cominges, en la asamblea general de Ceaga.
De izquierda a derecha, Moreira, Rueda, Mosquera y Cominges, en la asamblea ayer.
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Overview

  • The Galician automotive sector, comprising over 200 companies and generating €13 billion annually, is a cornerstone of the region's economy, employing 24,000 people.
  • President Alfonso Rueda reaffirmed Galicia's leadership in the automotive industry at CEAGA's assembly, emphasizing its role in Europe's industrial transformation.
  • The 2023–2027 Automotive Master Plan allocates €230 million across 67 measures to enhance competitiveness and position Galicia as a leading industrial hub.
  • Rueda urged the Spanish Government to expedite the transfer of PERTE industrial funds, reduce bureaucratic burdens, and provide targeted support for the automotive auxiliary sector.
  • He also called on the European Union to introduce greater regulatory flexibility and measures to make electric vehicles more affordable for citizens.