Car manufacturing facilities set new revenue benchmarks
In an analysis of Portugal's prominent automobile manufacturers, we focus on Volkswagen Autoeuropa, Stellantis, Mitsubishi Fuso Truck Europe, Toyota Caetano, and CaetanoBus. Although specific financial data for these companies in 2023 is not readily available, we can still provide a general overview based on the information at hand.
Volkswagen Autoeuropa, a significant manufacturing site for Volkswagen in Portugal, is renowned for producing popular models such as the Volkswagen Golf and the T-Roc. Despite experiencing production suspensions, such as the one scheduled for September 2023, the Volkswagen Group has reported a substantial increase in sales revenue in recent years. However, detailed figures for Autoeuropa are not specified in the search results.
Stellantis, a multinational automaker, operates globally but does not have a substantial manufacturing presence in Portugal that is widely reported. Stellantis encompasses brands like Fiat, Peugeot, and Opel, and has recently focused on integrating its global operations and expanding its electrification efforts.
Mitsubishi Fuso Truck Europe, part of Daimler Truck AG, specializes in commercial vehicles and does not have a significant manufacturing presence in Portugal. However, it is relevant in the European market for its truck and bus offerings.
Toyota Caetano, a partnership between Toyota and the Portuguese company Salvador Caetano Group, is involved in the assembly and distribution of vehicles, particularly in the Iberian Peninsula. Toyota Caetano plays a crucial role in Portugal's automotive supply chain, but specific financial data for 2023 is not available.
CaetanoBus, owned by the Salvador Caetano Group, specializes in the manufacture of buses and is a significant player in Portugal's automotive industry, particularly in the bus segment. However, detailed financial figures for 2023 are not provided in the search results.
In terms of production numbers for 2024, Autoeuropa produced 236,023 passenger cars, representing an increase of 7.2% compared to the 220,100 produced in 2023. Toyota Caetano increased commercial vehicle production by almost 35%, from 1,874 units in 2023 to 2,525 units in 2024. Mitsubishi Fuso Truck Europe recorded a decrease of 3,928 units in commercial vehicle production, producing 7,926 units in 2024. Caetano Bus produced only 56 commercial vehicles in 2024, a significant decrease from the 107 vehicles produced in 2023. Stellantis produced 61,109 commercial vehicles in 2024, accounting for 85.3% of the total.
For precise financial data, consulting company reports or industry publications would be necessary.
In the automotive industry of Portugal, Volkswagen Autoeuropa, a manufacturing site for Volkswagen, increased sales revenue significantly in recent years, despite temporary production suspensions. (news, finance, automotive, business, portugal)
Stellantis, a multinational automaker, operates globally and has integrated its global operations to expand its electrification efforts, but specific data on its operations in Portugal remains elusive. (industry, business, portugal, Stellantis)
Toyota Caetano played a crucial role in Portugal's automotive supply chain in 2024, increasing commercial vehicle production by nearly 35% compared to the previous year. (transportation, automotive, business, Toyota Caetano, portugal)
