Spanish manufacturer of minibuses’ bodywork INDCAR, finished 2025 with a revenue record of €67 million, 46% more than 2024, and reached an all-time-high of 555 produced units. Both milestones strengthen its positioning in the European market and mark a new achievement in the company’s trajectory.
INDCAR has seen its profit grow since 2022 driven by a strategy focused on international expansion, diversifying its portfolio, and strengthening its sales network, as the company states in a press release. The year 2025 was in another way important for INDCAR with the merger in October with Car-Bus.net, Spanish bodywork manufacturer specialized in Mercedes-Benz chassis. This strategic operation has allowed INDCAR to expand its product range and offer tailored solutions to the different chassis configurations. With Car-Bus.net INDCAR expects new business opportunities in international markets, reinforcing the international development plan of the firm. The company expects to exceed 200 units of Mercedes-Benz models in the next 3 years, establishing its product lineup and global competitiveness.
The globalization of the company is still one of the growth principles of INDCAR. In 2025, exports constitute around 90% of the total revenue, with sales in more than 10 countries. Throughout the year, the company has reinforced its operations in strategic markets, such as Italy, France, and Spain, and joined forces with 4 new business partners in the Northern Countries, and Central Europe, thereby
strengthening its dealer network. For this year the company plans on maintaining its consistent growth, with the goal of refining its presence in the domestic market and continuing international expansion. The next goal the company anticipates is the production of around 650 units, which would represent an 18% growth.