Russian imports by country in 2016
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Russian imports by country in 2016
- Seriously hit by a difficult economic context, the Russian economy is beginning to show signs of recovery.
Russia's GDP of the second quarter of 2016 declined by 0.6% compared to the second quarter of 2015, while GDP of the second quarter of 2015 fell by 4.5% compared with the second quarter of 2014.
Russia's GDP of the second quarter of 2016 declined by 0.6% compared to the second quarter of 2015, while GDP of the second quarter of 2015 fell by 4.5% compared with the second quarter of 2014.
- In this context, the Russian car market is slowing its descent (-15% on 8-month 2016 aggregates versus -33% on 8-month 2015 aggregate), but this is still far from the long-expected stabilization (which has been announced for 2017).
- Imports continue to decline, dropping 21% year-on-year in 2016, while sales of cars produced in Russia fell by 14% over this period. The market share of imports in Russia thus represents only 22% in 2016, compared with 23% in 2015, 29% in 2014, 32% in 2013 and 34% in 2012.
- By country, only imports from Japan increased significantly (+10,000 units over the 8-month period 2016 compared to the 8-month period 2015). Japan is thus further distancing its competitors, taking 45% of imports in Russia in 2016, compared to 31% in 2015. Following Western economic sanctions, the boycott of imports mainly affects only the imports
from Europe (- 23,000 sales over the eight-month period 2016), Korea (-9,000 sales) and North America (-8,000 sales).
from Europe (- 23,000 sales over the eight-month period 2016), Korea (-9,000 sales) and North America (-8,000 sales).
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BYD will produce electric buses in Hungary
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BYD will produce electric buses in Hungary
- For decades, Hungary has been an important center for bus and coach production, as the local brand Ikarus had a monopoly on the production of this type of vehicle for all communist countries until 1991. This brand produced at this time 14,000 vehicles per year and was one of the largest bus and coach producers in the world. The buses for European market are now produced in Turkey, European Union (but without no production anymore in Hungary) and in Russia. It is to attack the European market that the Chinese manufacturer BYD decided to build an assembly plant of electric buses in Hungary, located precisely in Komarom. This plant in northwestern Hungary is expected to be operational by the first quarter of 2017. Initially, the site has been set to produce 200 electric buses per year, but production capacity could be increased to 400 units per year in case of demand.
- BYD has expanded its global position in electric buses as it has established itself in the three biggest global markets, China first (Changsha, Dalian and Changde plants), then America (Lancaster plant located in California) and finally Europe (Komarom plant located in Hungary). BYD, which has become the largest electric bus manufacturer in the world, is considering the construction of new electric bus plants in South America (Brazil) and Southeast Asia (Malaysia).
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European plants: Utilisation rate status in 2016
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European plants: Utilisation rate status in 2016
- European car plants (EU + Serbia + Turkey) have been used at an average of 82% of their capacity in 2016. This rate increased steadily these four last years: 68% in 2013, 74% in 2014, 81% in 2015 and 82% in 2016. Two factors have contributed to the growth of European plants utilisation rate:
1. The rise of the European market (+23% between 2013 and 2016),
2. The closure of several European factories.
- The rate of 82% achieved in 2016 is one of the best in a decade, with a market of 17 million units expected in 2016. Only 2007 experienced a better rate with 85% of utilisation and a market of 18 million vehicles sold.
- By country, Spain recorded the highest rate (91%), ahead England (90%), Germany (88%) and Turkey (87%).
- By carmaker, Tata recorded the highest rate (109%), a very high figure which pushed the Indian group to build a new plant in Slovakia. Tata ahead Hyundai-Kia (98%), BMW (92%), Daimler (90% ) and Volkswagen (87%).
- Japanese carmakers recorded the lowest rates: Suzuki (45%), Honda (55%), Toyota (77%). The FCA group also has a low utilisation rate (64%) but in progress thanks to Jeep Renegade and Fiat 500X, produced in Italy. This growth is expected to continue with the arrival of the Dodge Journey on Italian assembly lines.
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Is the future of the Sunderland Nissan site assured?
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Is the future of the Sunderland Nissan site assured?
- Following the announcement that the Nissan Note would leave the Sunderland plant assembly lines in 2017 and that keeping the Nissan Juke was not guaranteed at medium term (production of European versions of new Juke has however been confirmed to start in Sunderland in 2017), the question arises as to whether the activity of the Nissan Plant is really assured in the coming years, especially in the case of a hard Brexit (with reinstatement of customs duties).
- the last decade the Sunderland plant had already removed several models from its assembly lines: Almera in 2006, Primera in 2007, Micra in 2010. But these removals had been made with objective to prepare the arrival of the SUV Qashqai, whose production level is 300 000 vehicles a year since 2011.
- The Nissan Juke and Note made it possible to saturate the Sunderland assembly lines, enabling the plant to approach the 500,000 units produced each year, making it one of the most important European factories in Europe in terms of production volume and the largest plant of the Renault-Nissan group on the European continent.
- The closure of this plant is therefore unlikely at short term (the next generation of Nissan Qashqai will be launched in 2021, which gives time for the decision) since, on the one hand, the Renault-Nissan group does not have at this time other plants in Europe capable of absorbing Sunderland's production and, on the other hand, Sunderland plant has a high volume model (Qashqai) being in the position to use its capacities.
- The future X-Trail (60,000 sales a year in Europe – launch planned in 2021) to be launched in 2019/2020 could also be manufactured in Sunderland, alongside the Qashqai.
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Toyota and Suzuki could come together to form the world number one
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Toyota and Suzuki could come together to form the world number one
- Toyota announced that it was negotiating an alliance with its compatriot Suzuki, a “midgets” specialist, in a context of consolidation of the automotive industry in Japan (Mitsubishi was bought back 34% by Nissan in October).
Toyota and Suzuki have justified this joining process by the recent changes in the sector.
Toyota and Suzuki have justified this joining process by the recent changes in the sector.
- According to Inovev, the takeover of Mitsubishi by Nissan and the dynamism of the Volkswagen group could relegate the Toyota group (current perimeter – without Suzuki) from the first to the third place worldwide.
A rapprochement between Toyota and Suzuki would allow this group to take the first place worldwide.
Toyota sells 10 million vehicles a year and Suzuki 3 million, a total of 13 million vehicles per year. This group would overpass the Volkswagen and Renault-Nissan-Mitsubishi groups in terms of sales volume.
A rapprochement between Toyota and Suzuki would allow this group to take the first place worldwide.
Toyota sells 10 million vehicles a year and Suzuki 3 million, a total of 13 million vehicles per year. This group would overpass the Volkswagen and Renault-Nissan-Mitsubishi groups in terms of sales volume.
- By joining Suzuki, which has a dominant position in India (56% market share), Toyota can hope to gain strength in this country where it has not really taken off, and more generally in the emerging markets of Asia. Suzuki could also benefit from the commercial strength of Toyota, in addition to its hybrid or fuel cell technologies. Finally, this group will become the undisputed world leader of midgets, thanks to its two brands Suzuki and Daihatsu (a wholly owned subsidiary of Toyota since 2016). Nearly 2 million midgets of the two brands are sold each year in the world, mainly in India and Japan.
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