India 2015 Automobile Export (PC+UV) : Up 2.7 Percent to 730,000 units (2/2)
- Details
India 2015 Automobile Export (PC+UV) : Up 2.7 Percent to 730,000 units (2/2)
- In an effort to improve plant production capacity utilisation rate, Ford Motor, VW and GM are expanding exports to Mexico, which benefit from a booming small automobile market, and other Central and South American countries. Ford Motor went up 28.7 percent to 99,000 units thanks tostrong exports of the carmaker's core model the EcoSport, up 46.5 percent to 73,000 units, and export launch of the new Figo and Figo Aspire in August 2015. Ford Motor is aiming to start exports to the US in 2017 with annual volume set to reach 220,000 units in 2020, becoming the first company to export automobiles from India to the US.
- VW went up 9.6 percent to 70,000 units, of which exports of the Vento and Polo to Mexico accounted for 80 percent of the total. Cumulative export volume of VW to Mexico reached 100,000 units in August 2015. Exports of the Vento to Argentina began in November 2015 and further increase is forecast to Central and South America.
- Export volume of GM, which began large-scale exports in 2015, was 20,000 units. The carmaker launched exports in earnest by starting shipping the Beat to Chile in September 2014, while exports to Mexico began in October 2015. Total export target of the carmaker is set at 50,000 units in 2016.
Contact us: info@inovev.com
Read more... India 2015 Automobile Export (PC+UV) : Up 2.7 Percent to 730,000 units (2/2)
Japanese carmakers' Overseas Production: Volume Reaches 18.4 Million Units in 2015
- Details
Japanese carmakers' Overseas Production: Volume Reaches 18.4 Million Units in 2015
- Japan's major carmakers produced 18.39 million automobiles overseas (outside Japan) in 2015, up 3.2 percent compared to the previous year. Looking at regional trends, production in North America, Asia-Pacific and Central and South America increased, while results dropped below the previous year's level in Europe and Africa.
- In North America, volumes slightly went up in the USA and Canada. Meanwhile, production volume in Mexico increased 16.9 percent thanks to the launch of new plants by Honda and Mazda.
- Cooling Asian demand shrankproduction in Indonesia, down 15.5 percent, which tended to go up until 2014. On the other hand, production of Japanese automobiles shifted to a rising trend in Thailand, while production scale also increased in China and India.
- Five out of seven Japanese main carmakers surpassed production volume of the previous year. Only Toyotaand Mitsubishi dropped below 2014's level. Among the carmakers which increased production, Mazda realised double-digit expansion.
- Since future prospects of the economy are becoming increasingly murky especially in emerging countries, production may come to a standstill in 2016; however, the trend called "local production for local consumption" is expected to prevail in the medium term, spurring overseas production to soon reach 20 million units.
Contact us: info@inovev.com
Read more... Japanese carmakers' Overseas Production: Volume Reaches 18.4 Million Units in 2015
SAIC MG-Roewe sells less than 200 000 cars per year
- Details
SAIC MG-Roewe sells less than 200 000 cars per year
- SAIC MG-Roewe (excluding its JVs with General Motor and Volkswagen) sold 172,000 vehicles in 2015 (against 186,000 in 2014). When the former British manufacturer MG Rover went bankrupt in 2005, SAIC purchased the make and the models.
It created the SAIC MG-Roewe company, adapted the models in a first phase and then totally redesigned them.
It created the SAIC MG-Roewe company, adapted the models in a first phase and then totally redesigned them.
- The current range is composed of a dozen models, including 6 under the Roewe brand (350, 360, 550, 750, 950 and E50) and 6 under the MG brand (MG GS, MG 3, MG 5, MG 6 MG 7, MG GT). Most models are sedans, which explains the low volume of SAIC production compared to its competitors in the Chinese market (market increasingly demanding for SUVs).
- However, the carmaker will probably focus more on the SUV, since the first SUV of the MG brand (GS) launched in 2015 is a success. It accounted for 26% of sales of MG-Roewe in 2015 and over 50% of sales in 2016. It helped stop the brand's decline that began in 2014 (MG Roewe sold 123,000 vehicles in the first half of 2016) .
- In 2015, three models accounted for 72% of total sales of the carmaker (Roewe 350, MG GS, Roewe 360). Most of the MG-Roewe models are sold in China, but they are also sold in Great Britain (3000 yearly), as a consequence of the initial origin of the group. MG-Roewe also uses part of the old Longbridge plant to assemble these models.
In China, MG-Roewe has two factories: Shanghai and Nanjing (combined capacity: 400,000 units per year).
In China, MG-Roewe has two factories: Shanghai and Nanjing (combined capacity: 400,000 units per year).
Contact us: info@inovev.com
Read more... SAIC MG-Roewe sells less than 200 000 cars per year
India 2015 Automobile Export (PC+UV) : Up 2.7 Percent to 730,000 units (1/2)
- Details
India 2015 Automobile Export (PC+UV) : Up 2.7 Percent to 730,000 units (1/2)
- India's automobile (PC+UV) export volume increased 2.7 percent compared to 2014 to 729,000 units in 2015. While two major exporters Hyundai Motor and Nissan Motor declined, commercial vehicle exports by Tata Motors and Mahindra & Mahindra went up. EU and US carmakers increased exports to Central and South America, overall volume reaching an historic high. While Ford Motor, VW and GM's combined exports did not even reach 10,000 units in 2010, total exports of the three carmakers reached some 190,000 units in 2015. Brisk exports to Mexico, a major export destination of the three companies, are expected to continue. Total exports from India are forecasted to surpass 800,000 units in 2016.
- India's largest exporter Hyundai Motor declined 17.2 percent to 167,000 units. A portion of the production capacity, which was devoted to exports before, was shifted to meet strong domestic demand. As a result, export volume was reduced as planned at the beginning of 2015.Although plant operation rate reached 95 percent in 2015, capacity expansion plan has yet to be announced. Export volume is planned to be reduced to 150,000-160,000 units in 2016 and exports are projected to decrease in the medium term as well.
- Maruti Suzuki increased 6.7 percent to 126,000 units, although exports were negatively impacted by the introduction of stricter safety standards in Algeria, a major export destination of the company. In Sri Lanka, l,000cc and smaller automobiles enjoyed a tax break between October 2014 and November 2015. In response to lower tax rate, export volume of the Alto, Celerio and other Maruti Suzuki models increased tenfold to some 40,000 units in 2015.
Contact us: info@inovev.com
Read more... India 2015 Automobile Export (PC+UV) : Up 2.7 Percent to 730,000 units (1/2)
Volkswagen is launching the second generation of the Crafter
- Details
Volkswagen is launching the second generation of the Crafter
- Above the light utility Caddy (segment N1-1) and Transporter (N1-2 segment), recently restyled, Volkswagen traditionally had a larger model (segment N1-3) aiming to compete with the Ford Transit, Mercedes Sprinter, Fiat Ducato, Renault Master and Iveco Daily. This is the Crafter (formerly LT).
- The first generation Crafter, launched in 2006 (successor of LT launched in 1996), was based on the Mercedes Sprinter (rebadged version of the Sprinter). Consequently, the Crafter has been produced so far in the factory Mercedes in Düsseldorf, alongside the Sprinter.
- The new generation of the Crafter launched in 2016 no longer shares any components with the Mercedes Sprinter and has been designed in partnership with MAN, subsidiary of the Volkswagen Group (which could launch its own version). Consequently, the new Crafter is manufactured in a new plant in Wrzesnia, Poland, about fifty kilometers from the Volkswagen plant in Poznan where the Caddy is manufactured.
- Like its competitors, the new Crafter will be available in three lengths and three heights. Similarly, it will be available in FWD (Front Wheel drive), RWD (Rear Wheel Drive) and 4WD (4 Wheel Drive). Its engine will be a diesel 2.0 TDI available in four powers (102ch, 122ch, and 177ch 140hp). Inovev expects 40,000 annual sales of the new Crafter, between 2016 and 2026.
Contact us: info@inovev.com
Read more... Volkswagen is launching the second generation of the Crafter
Inovev platforms >