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Set up a Business for Sale of Motor Vehicles in Spain

Set up a Business for Sale of Motor Vehicles in Spain

Updated on Tuesday 23rd October 2018

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Set-up-a-Business-for-Sale-of-Motor-Vehicles-in-Spain.jpgThe sale of motor vehicles in Spain slightly expanded in 2017; at the level of December 2016, the total sales of motor vehicles reached 1,347,344 units and in December 2017, the level increased at 1,451,089 units. Although the sales of motor vehicles declined in 2018, Spain is amongst the countries with the highest number of sold vehicles (being included in the top ten). Our team of lawyers in Spain can provide legal assistance to businessmen who want to start a company selling motor vehicles in this country. 
 

Why start a business for selling motor vehicles in Spain?  

 
Spain can be a great business destination for starting a company for the sale of motor vehicles due to the fact that the country is one of the most important European vehicles manufacturers. The country is the second most developed market in this sense at a European level, after Germany, and the 8th country at a global level.  
 
More importantly, Spain is the 1st country for the manufacturing of industrial vehicles, having 17 manufacturing plants; our team of Spanish lawyers can provide legal advice on the regulations addressed to the automotive industry. Those who want to start a company that sells motor vehicles in Spain should also consider the following:   
 
  • from the total manufacture of motor vehicles, approximately 90% are exported to other partner countries (more than 130 jurisdictions);
  • the auto-parts sub-sector is very well developed on the local market;
  • the motor vehicles industry is represented by more than 1,000 companies;
  • the most developed sub-sector refers to light commercial vehicles, but heavy commercial vehicles are also well represented on the Spanish market.
 

Selling motor vehicles in Spain 

 
Those who want to purchase a motor vehicle in Spain are strongly recommended to acquire such products through car dealerships. As a general rule, car dealerships will handle all the procedures involved in the sale process and will conclude the documents that are related to this matter.
 
Car dealerships can sale both new and used vehicles and can also assist in the ownership transfer procedure. Businessmen are invited to contact our law firm in Spain for further information regarding the business licenses and other necessary procedures that can be applied in the case of a company that sells motor vehicles in this country.