New models produced in Europe and launched in 2017
- Details
New models produced in Europe and launched in 2017
Read more... New models produced in Europe and launched in 2017
Models with a first appearance at the Geneva Motor Show
- Details
Models with a first appearance at the Geneva Motor Show
Read more... Models with a first appearance at the Geneva Motor Show
With Mitsubishi, Renault-Nissan competes with GM for Global Third Place
- Details
With Mitsubishi, Renault-Nissan competes with GM for Global Third Place
- Inovev will record Mitsubishi's sales figures in Renault-Nissan as of the end of 2017, as the Franco-Japanese group bought 34% of Mitsubishi's capital in October 2016, and so full year consolidated figures will not be available before the end of 2017.
- Nevertheless, if we add Mitsubishi's 2016 sales volumes to those of Renault-Nissan today, the Renault-Nissan group would be vying for third place with the GM group, with only a few thousand units difference (9.96 million units for the Renault-Nissan Group versus 9.97 million units for the GM Group).
- With the potential sale of Opel / Vauxhall, the expected slowdown in the Chinese and US markets in 2017, where the GM group is very present, and the resumption of the Iranian and Russian markets, where Renault-Nissan is very present, it seems likely that the Franco-Japanese group will succeed in supplanting GM group at the end of 2017. It could even compete for second place with the Toyota group. Carlos Ghosn's goal of being in the Top 3 is therefore quite achievable.
- Mitsubishi saw its sales drop by 13% in 2016 (0.95 million vehicles against 1.09 million in 2015), mainly due to the disclosure of fuel consumption fraud on several of its cars in Japan; it is also this situation that prompted and allowed Nissan to take control of the company at the end of 2016.
Contact us: info@inovev.com
Read more... With Mitsubishi, Renault-Nissan competes with GM for Global Third Place
Geneva Motorshow 2017: Alpine Berlinette
- Details
Geneva Motorshow 2017: Alpine Berlinette
- The new Alpine Berlinette is the first model of this brand revived by the Renault-Nissan group. This sporty model follows the style of the first Alpine made in the sixties, which is inspired by Porsche’s successful strategy for their 911 model marketed since the eighties, with the style of the first 911s manufactured in the sixties and seventies .
Contact us: info@inovev.com
Canada PC + LUV Market Situation in 2016
- Details
Canada PC + LUV Market Situation in 2016
- The Canadian automotive market (PC + LUV) increased by 2.7% in 2016 to 1.95 million units. For the first time in its history, the Canadian market was close to 2 million units. Registrations of light trucks increased by 9.2%, while passenger car registrations decreased by 8.1%. The Canadian market therefore follows the trend initiated by the US market, where light trucks sales are now largely in the majority. In 2016, vehicle sales in the Canadian market were 66% light trucks and 34% passenger cars (in the United States, 61% of sales of light trucks and 39% of passenger cars).
- Most major manufacturers saw their sales increase in 2016, except FCA, VW and Mazda. The Ford group became the Canadian market leader in 2016 (305,000 units), ahead of FCA (279,000 units), which lost its first place, and GM (267,000 units), which is close to FCA. These three manufacturers are leaders in the field of pick-ups and SUVs, which favoured them last year, in so far as the category of light trucks has significantly increased in 2016.
- As a result, Asian manufacturers such as Toyota (220,000 units), Hyundai-Kia (210,000 units), Honda (187,000 units) and Nissan (134,000 units) are kept at a good distance.
- The Canadian market will surpass the 2 million units (PC + LUV) for the first time in 2017.
Contact us: info@inovev.com
Inovev platforms >