FX.co ★ Spain’s Auto Market Revs Back: Car Registrations Jump 32.8% in February

Spain’s car registration figures staged a strong rebound in February 2026, with registrations rising 32.80% month-on-month, according to data updated on 2 March 2026. The latest reading marks a sharp turnaround from January 2026, when registrations had slumped by 29.00% compared with the previous month.

The data are presented on a month-over-month basis, meaning the current 32.80% figure reflects the change in registrations in February versus January, while the previous -29.00% reading captured the drop in January versus December. The swing from a steep contraction to robust growth suggests a notable shift in market momentum within Spain’s automotive sector over the first two months of 2026.

Although the figures highlight strong short-term volatility, they will be closely watched by market participants and industry analysts for signs of whether February’s surge represents a sustainable recovery in demand or a temporary correction following January’s sharp decline.