Factories in Europe produced at close to 84% of capacity in 2016
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Factories in Europe produced at close to 84% of capacity in 2016
- Overcapacities production in Europe (Europe 29 + Turkey) decreased in 2016 to 16%, for a utilization rate of 84%, very close to the 2007 rate of 85%.
- This figure, which is one of the best in the decade, can be explained by the conjunction of two phenomena:
1. The increase in the European market in 2016 (+ 7% for all PC and LUV), which resulted in the production of more vehicles last year.
2. The closure of several factories in 2015 (Bochum, Genk) and the elimination of assembly lines in several others that reduced the capacity of the European car industry last year.
- Exports remained at a good level in 2016, and thus had no negative influence on European production volume . Nor has there been any plant construction on the continent to increase in European car industry capacity.
- In 2017, the European market should continue to increase and no new plant capacity will be operational (Nitra's Jaguar Land Rover plant will be completed in 2018). So overcapacity is expected to continue to decline in 2017- it could reach 14%, the lowest figure ever recorded in Europe.
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Read more... Factories in Europe produced at close to 84% of capacity in 2016
Great Wall’s bulgarian factory shuts down
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Great Wall’s bulgarian factory shuts down
- Production in Bulgaria of Great Wall branded models began in 2012 at the Litex Motors local assembly plant in Lovech. These were the Voleex C10 sedan, Hover H5 / H6 SUVs and the Steed 5 pickup. The factory was calibrated to produce from parts imported from China, from 4,000 to 5,000 cars per year, destined for Bulgaria and neighboring countries.
- More than this number of vehicles were produced in 2014 and 2015, yet it appears that , on one hand, the factory stored a large number of unsold vehicles and ,on the other hand, that Great Wall has no intention to conform to Euro6 standard for its models sold in Europe, similarly to SAIC (MG), which produced vehicles in England, and ceased production in 2016 for the same reasons. Finally, the bankruptcy of the CCB bank that financed the project definitively curtailed Great Wall’s ambitions. As a result, the approximately 20,000 Great Wall models produced in Bulgaria in five years have had difficulty finding buyers in Europe, and therefore most have been sold in Bulgaria and in the Balkans.
- Today, the factory opened a bankruptcy proceeding following the shutdown of the business, which illustrates once again the difficulties of Chinese OEMs (Landwind, Brilliance, Qoros, MG and now, Great Wall) in Europe.
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Ssangyong unveils the next generation Rexton
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Ssangyong unveils the next generation Rexton
- The Korean manufacturer Ssangyong was established in 1954 and has been producing cars since 1988. This SUV specialist passed under the of Daewoo control in 1997, which was itself bought by General Motors in 2001. The American manufacturer took over Daewoo but not Ssangyong, which actually regained its independence, until 2004, when the Chinese OEM SAIC took control. The economic crisis of 2008-2009 caused the bankruptcy of Ssangyong which is bought the following year by the Indian Mahindra. Today, the Korean is still a subsidiary of the Mahindra group.
- The current range consists of four SUVs - Tivoli (segment B), Korando (segment C), Rexton (segment D) and Rodius (segment E) - and a sedan - Chairman (segment F) a derivative of an old Mercedes model.
- This year, Ssangyong is launching a new generation of the Rexton that replaces the older generation launched in 2004 and restyled in 2012. This Rexton is 10cm longer (4.85m) than the old model. It remains shorter than the Rodius which exceeds 5.10 m. The Rexton competes with segment D SUVs, such as the Nissan Rogue and Renault Koléos (also made in Korea). The former Rexton was manufactured in the Ssangyong plant in Pyongtaek at a volume of between 10,000 and 15,000 units per year. Inovev expects an annual volume of 20,000 to 25,000 units for the new model, which includes the same 2.2-liter diesel engine /178hp as the previous model.
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The most produced F segment car in 2016
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The most produced F segment car in 2016
- The most produced F segment car in 2016 was the Mercedes S-Class, as for many years.
- The current generation (launched in 2013) is available in six body versions .The standard limousine is available in extended version (+ 13cm), Maybach version (+ 33cm), Pullman version (+ 133cm), 2 door coupe version ,and 2 door cabriolet version.
- The traditional competitors to the S-Class , the BMW 7 Series and the Audi A8, are relegated to third place and tenth place, respectively. in 2016 The most recent competitors ,the Tesla Model S and Cadillac CT6 , in fourth place and seventh place, respectively.
- SUVs in the F segment are gradually taking an increasing portion of the sales of high-end models. The Range Rover Sport and the Range Rover occupy the second and the fifth position respectively in 2016. The Mercedes GLS ,the SUV associated with the S class , is in sixth place, ahead of the Tesla Model X located in the ninth.
- The global market for F-segment vehicles reached 700,000 units in 2016.
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PSA will assemble 6 000 Expert/Jumpy per year in Uruguay
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PSA will assemble 6 000 Expert/Jumpy per year in Uruguay
- The PSA group will assemble 6,000 Peugeot Expert and Citroën Jumpy in Uruguay, destined for all of South America (mainly Brazil and Argentina). These light utility vehicles (LUVs) of category N-2, will be assembled in Montevideo by Nordex, a local industrialist.
- The PSA Group sold 27,000 LUVs to South America in 2016, of which 21,000 were manufactured locally and 6,000 imported from France. PSA produces its LUVs destined exclusively for the South American continent on two production sites:
1. At Villa Bosch in Argentina for the manufacture of N1-1 segment Peugeot Partner and Citroën Berlingo utility vehicles: , producing 18,500 units in 2016.
2. At Betim in Brazil for the manufacture of N1-3 segment Peugeot Boxer and Citroën Jumper utility vehicles:, producing 2,500 units in 2016. This factory belongs to FCA, and manufactures Fiat Ducato and its French derivatives Boxer and Jumper.
- The N1-2 Expert and Jumpy manufactured in Uruguay will replace the imports from France.
The manufacturer expects more than 50,000 sales of Peugeot and Citroën LUV in South America in 2021 (doubling sales compared to 2016).
The manufacturer expects more than 50,000 sales of Peugeot and Citroën LUV in South America in 2021 (doubling sales compared to 2016).
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Read more... PSA will assemble 6 000 Expert/Jumpy per year in Uruguay
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