Market and production forecasts for Turkey in 2016-2017
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Market and production forecasts for Turkey in 2016-2017
- The Turkish market has progressed chaotically from 2011 to now. In 2016, it should approach 750,000 vehicles, and then fall down to 700,000 vehicles in 2017. These volumes, however, remain much higher than those recorded between 2005 and 2010 (300 000 to 500,000 units per year).
- Turkey can be deemed as an emerging country, as it is a country with low car ownership compared to the European Union (150 cars per 1 000 inhabitants against 550 for the EU), despite a market having grown by 42% from 2005 to 2015.
- Turkey has recently faced two difficult periods, one in 2008-2009, following the global economic crisis and its consequences onto the European automotive markets, the other since 2013, following the domestic political crisis and foreign policy tension on its eastern borders (Syria-Iraq).
- Turkish production is largely dependent on European markets since it exports nearly 75% of its production to this region.
Turkish production takes at the moment full advantage of the strong increase in the European market recorded in 2015 and 2016. But the Brexit could jeopardize this growth (fewer sales in Britain, that country being the first commercial prospects of Turkey on automobiles) and the Turkish production could fall down to 1.3 million vehicles in 2017 (from a peak of 1.4 million vehicles produced in 2016).
Turkish production takes at the moment full advantage of the strong increase in the European market recorded in 2015 and 2016. But the Brexit could jeopardize this growth (fewer sales in Britain, that country being the first commercial prospects of Turkey on automobiles) and the Turkish production could fall down to 1.3 million vehicles in 2017 (from a peak of 1.4 million vehicles produced in 2016).
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Citroën unveils the new generation of the C3 (segment B)
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Citroën unveils the new generation of the C3 (segment B)
- Citroën unveiled the third generation of the sedan C3 (B segment). This new C3 is 5cm longer(3,99m) and 4cm lower (1,48m) than the previous generation launched in 2009. The new C3 uses the PF1 platform of the Peugeot 208, because at the time of its development, the CMP1 platform was not yet finalized. The CMP1 platform will be used on the next generation of the C3 (scheduled for 2022).
- The new C3 comes out equipped with the most recent 3 and 4 cylinders engines mounted on Peugeot 208:
petrol 1.0l - 68hp, 1.2l - 82ch/110hp and diesel 1.6l - 75hp/100hp.
petrol 1.0l - 68hp, 1.2l - 82ch/110hp and diesel 1.6l - 75hp/100hp.
- It will be produced in Trnava in Slovakia and not in Poissy in France. The Trnava plant has now a capacity of 400,000 vehicles per year. It will produce 250,000 Peugeot 208 and 150,000 Citroën C3 annually. In 2015, 240 000 Peugeot 208 and 130 000 Citroen C3 were sold. These figures highlight that the Trnava plant capacity could be saturated in 2017, especially if European market continues to increase. It should then be needed to increase the capacity of the plant.
- The arrival of the Citroen C3 in Trnava has already triggered the transfer of production of the new C3 Picasso to the GM plant in Zaragoza, Spain (the new C3 Picasso will be unveiled this summer). Opel Meriva and Citroen C3 Picasso now share Indeed now the same PF1 platform. Both models will be manufactured at the factory in Zaragoza.
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The new 2016-2019 BMW product plan
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The new 2016-2019 BMW product plan
- BMW unveiled its new 2016-2019 product plan. This plan has been constructed with the objective to keep the lead of BMW ahead of Audi and Mercedes in terms of sales.
It includes an offer of 30 different body styles in 2020.
It includes an offer of 30 different body styles in 2020.
- The new generation of the sedan and station-wagon 5 Series (segment E) should be presented in the second half of 2016.
- It is expected that the Bavarian carmaker then unveils:
§In 2017: the X2 coupe SUV (C segment) based on the X1 launched in 2015, the new Z4 cabriolet (segment C) shared with Toyota, the new generation of the 1 Series ( segment C) (Mini platform, Mini Countryman, Active Tourer and Gran Tourer) which will be front wheel driven conversely to the previous one, the new generation of the X3 SUV (segment D) and finally a long version of the X5, which should be called X7.
§In 2018: the new generation of 3 Series(segment D) in sedan and station wagon, the 6 Series (segment E), in coupe and convertible versions, and finally X4 SUV (segment D) coupe based on X3 launched a year earlier.
§In 2019: the new generation X5 SUV (segment E) of Series 2 (section C), in coupe and convertible versions, and the Series 4 (D segment), in coupe and convertible versions.
- It is to be noted that:
§The future 1 - Series 1 will switch to front wheel drive technology but the 2 Series will remain rear wheel drive (propulsion).
§The 7 Series has been renewed in 2015 and will not be replaced before 2022.
§The marketing plan of new Series 8 models has not yet been decided.
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Export analysis of the Thai automotive industry
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Export analysis of the Thai automotive industry
- Thailand is an important production and export base, mainly for Japanese automakers.
About 1.2 million vehicles were exported from Thailand in 2015, 1 million into them being from Japanese origin. Both brands Toyota (377,000 units) and Mitsubishi (290 000 units) account by themselves for more than half of these exports.
About 1.2 million vehicles were exported from Thailand in 2015, 1 million into them being from Japanese origin. Both brands Toyota (377,000 units) and Mitsubishi (290 000 units) account by themselves for more than half of these exports.
- Pick-ups represent a large share of vehicles produced and exported: into about 2 million vehicles manufactured in Thailand each year, 1 million are pickups, from which 70% are exported.
- Into the 1.2 million vehicles exported in 2015, 700 000 are pickups and 500,000 sedans and minivans.
- Thailand exported in 2015 in the following main regions: Asia 298,000 units, Oceania (mainly Australia and New Zealand) 295 000 units, the Middle East 230,000 units, Europe 145,000 units, South America 130,000 units, North America 67,000 units and Africa 40,000 units.
- The ten top models exported from Thailand in 2015 were as follows: Toyota Pickup Hilux (285 000 units), Mitsubishi Space Star (121 000 units), Mitsubishi pickup L200 (119 000 units), Toyota Yaris (85 000 units), Isuzu pickup D-Max (72 000 units), Ford pickup Ranger (69 000 units), Mazda 2 (55 000 units), Nissan pickup Navara (40 000 units), Suzuki Celerio ( 36,000 units) and Mitsubishi Pajero Sport (32 000 units).
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The global market growth over the first 5 months of 2016
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The global market growth over the first 5 months of 2016
- The global market (PC + LUV) rose 3% over the first five months in 2016 (first five cumulated months of 2016 compared to the first five cumulated months of 2015).
The growth, twice as big as that recorded in 2015 (+ 1.5% compared to 2014), is particularly due to:
The growth, twice as big as that recorded in 2015 (+ 1.5% compared to 2014), is particularly due to:
§an acceleration of the Chinese market (+ 6.5%) which still benefits from the 50% tax reduction on small cars.
§a European market growth (+ 10.0%), catching up some of the ground lost between 2008 and 2013.
§the market growth in India (+ 7.2%), Korea (+ 7.6%), Canada (+ 5.8%) and Mexico (+ 17.0%).
All these countries have benefited from favourable economic conditions.
All these countries have benefited from favourable economic conditions.
§the improvement of Argentine (+ 13.1%) and Ukraine (+ 54.6%) markets, that manage to record a positive year.
- Conversely, some major markets displayed a worse performance in 2016 than in 2015:
§US (+ 1.2%) and Turkey (+ 0.3%) markets which gradually tend to flat sales.
§the Brazilian market (-27.2%) which sinks deeper and deeper into crisis due to very weak economic conditions.
- Some markets, albeit still down, are experiencing a slight improvement.
This is the case of the Japanese (-4.8%) and Russian (14.6%) markets that have reduced their decline from 2015.
This is the case of the Japanese (-4.8%) and Russian (14.6%) markets that have reduced their decline from 2015.
- In total, these thirteen markets account for 86% of global sales in the first five months of 2016.
Their market share has not changed compared to last year.
Their market share has not changed compared to last year.
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