Inovev publishes around 300 market auto analyses per year. 
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  • Restocking in 2022 offset the destocking of 2020 & 2021 period
    26 May 2023
    23-13-4
    For the first time since 2018, the production volume in the world was much higher last year than that the sales volume. According to the OICA (International Organization of Automobile carmakers), the global production volume of vehicles (passenger cars, light commercial vehicles, heavy duty trucks and buses) reached 85.017 million units in 2022 while vehicle registrations did not exceed 81.629 million units, representing a production surplus of 3.388 million units. There was indeed a restocking at the global level in 2022.
     
    This production surplus offsets the production volume deficit recorded in 2020 and 2021, two years which were marked by the COVID 19 crisis and then by the semiconductor crisis. This deficit in production volume had reached 3.775 million units over the two years, with sales then being made massively from stock.
     
    In conclusion, there was significant destocking in 2020 and 2021 globally, as vehicle registrations outnumbered vehicles produced. Then there was a compensatory restocking in 2022 which made it possible to meet demand and reduce delivery times which had increased considerably in the two previous years due to a lack of models in dealers and a production disrupted by chaotic supplies.
     
    This restocking enabled world production to record growth in 2022 (+6% according to the OICA) while registrations fell by 2%.
    This
    distortion is visible among carmakers who have seen their sales decline for most of them and the same time seen their production increase.
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  • The 25 best-selling SUVs in Europe in 2021 and 2022
    19 May 2023
    23-12-1
    Two Volkswagen models (T-Roc and Tiguan) take the top two spots in the European SUV market in 2022.
     
    The former Peugeot 2008 leader is relegated to third place, just ahead of the Tesla Model Y, which quadruples its sales in 2022 compared to 2021.
     
    Of the 25 best-selling SUVs in Europe in 2022, there are 13 European brand models, 4 Korean brand models, 5 Japanese brand models
    and 3 American brand models.
    Please sign-up/sign-in on the left to get access to the complete analysis.
 

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Diesel continues to decline on the European market
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Restocking in 2022 offset the destocking of 2020 & 2021 period
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The progressive end in Europe of mainstreams D-segment sedans using ICE
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Inovev forecasts 70,000 units a year of the new Ford Transit Courier
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The 25 best-selling SUVs in China in 2021 and 2022
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Evolution of SUV and MPV sales in China between 2000 and 2022
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The Tesla Model Y becomes the best-selling model in Europe in Q1-2023
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Inovev forecasts 130,000 units per year in Europe of the VW ID7
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Inovev forecasts 250,000 units of the new Mini Cooper per year in the world
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The 25 best-selling SUVs in Europe in 2021 and 2022
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