China's 2014 Regional Passenger Vehicle Sales: Demand Remains Robust in Central, West China
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China's 2014 Regional Passenger Vehicle Sales: Demand Remains Robust in Central, West China
- China's new vehicle registration volume increased 13.1 percent to 16.97 million units year-on-year in 2014. Looking at data by region, market share of east China shrank from 55.8 percent in 2010 to 50.2 percent in 2014, while that of central China expanded from 16.9 percent to 21 percent during the same period. Driven by Henan, Hunan and Hubei, central China realized a 97.9 percent increase within five years between 2010 and 2014, while west China, pushed up by Sichuan, Shaanxi and Chongqing, achieved a 73.9 percent rise.
- East and northeast China increased 43.6 percent and 54.5 percent respectively in the past five years, posting weaker growth compared to central and west China. Meanwhile, Guangdong, top administrative unit in terms of sales volume, went up 25.4 percent to 1.58 million units. Although east China, where administrative units with top GDP are concentrated, remains the passenger vehicle market's main battleground. The introduction of registration regulations in some cities among other issues is gradually shifting demand to inland areas which account for over 50 percent of China's total population.
- Looking at market share by region, sales offensive of EU manufacturers since the 2010s has been a success. They surpassed their Japanese rivals in east China and captured top position in central and west China by exceeding Chinese automakers. East China has become the main market for D and E segment models due to the high concentration of wealthy people, while C segment products hold an overwhelming share in central China. In west China, SUVs have the highest share and their composition ratio is still considered significant even if nationwide results are taken into consideration.
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Inovev expects 110 000 units / year for the X1 in Europe
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Inovev expects 110 000 units / year for the X1 in Europe
- BMW introduced the new generation SUV X1 (segment C). The new X1 will be manufactured in the BMW plant in Leipzig and thus tackles Premium C segment SUVs. With the development of SUVs from segment B, and enhancement of the ranges offered in the Premium C segment (especially with the future Infinity QX30), the future X1 should be more highly competitive than the previous generation. Thus Inovev anticipates production levels for the X1 in Europe reaching 110 000 units / year for a full year. In 2014, it sold 147 000 BMW X1 in the world, against 185 000 and 68 000 Audi Q3 GLA.
- In 2014, European production of segment C SUVs decreased by 2.6% compared to 2013 and should continue to decline in 2015. However in the Premium market, European production of segment C SUVs was up 26,4%, thanks to growth of the Audi Q3 but especially thanks to the arrival on the market of the Mercedes GLA.
- In terms of specs, the X1 will be front wheel drive, since it is now being made on the platform shared with the Mini and the Active Tourer / Gran Tourer. Optionally it will be available in All wheel drive. Let us note that the future Series 1 will also be based on the platform of the Mini, making it front wheel drive (such as the Mercedes Class A) and either a rear wheel drive like the current generation. The new X1 loses 1 cm in length (4.44 m) and gains 5 cm in height (1.59 m) compared to the previous generation.
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In Russia, the share of SUVs rose in 2014
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In Russia, the share of SUVs rose in 2014
- While Nissan starts the production of the Qashqai in Russia (this model was previously imported from Great Britain), it is interesting to analyse the current position occupied by SUVs on the Russian market. While this category represents 20% of sales in Europe in 2014, what proportion do these vehicles account for in Russia?
- According to the calculations of Inovev the SUV market is flourishing even more in Russia than in the rest of Europe, because their market share was over 30% in 2014 (against 20% in 2009 and 10% in 2004). Thus sales of SUVs reached 800 000 units in Russia in 2014, the same as in 2013, while the overall market (all categories of vehicles) fell by 10%.
- The 10 best selling models in Russia are as follows: Renault Duster monopolizes the first place (80 000 sales), well ahead of the LadaNiva (51 000 sales), Chevrolet Niva (46 000 sales), Toyota RAV4 (38 000 sales), Hyundai iX35 (37 000 sales), Nissan Qashqai (35 000 sales), Toyota Land Cruiser (33 000 sales), Kia Sportage (32 000 sales), Mitsubishi Outlander (31 000 sales), Mazda CX5 (25 000 sales). The Qashqai is currently in sixth place in the SUV market.
- By brand, Nissan is the market leader (84 000 sales), ahead of Renault (82 000 sales), Toyota (71 000 sales), Mitsubishi (54 000 sales), Lada (51 000 sales), Hyundai (49 000 sales) Kia (46 000 sales), Chevrolet (46 000 sales), Ssangyong (43 000 sales) and Suzuki (39 000 sales).
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Volkswagen’s European 2015-2018 product plan
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Volkswagen’s European 2015-2018 product plan
- Volkswagen brand presented its new European product plan for 2015-2018.
- In the second half of 2015, VW will launch the second generation of the Tiguan (SUV from segment C) that will be produced in Wolfsburg and Hanover (Germany).
- In the first half of 2016, it will launch the sixth generation of the Polo (sedan segment B) that will be produced in Pamplona (Spain), where it is currently being produced.
- In the second half of 2016, it will launch:
§The first generation of the Canyon (SUV from segment B), whose name is a provisional one that will probably be produced in Pamplona (Spain).
§The second generation of the CC (D segment sedan) and will be produced in Emden (Germany) alongside the Passat.
- In the first half of 2017, it will launch the third generation of the Touareg (SUV from segment E) which will be manufactured in Bratislava (Slovakia), where the current generation is manufactured, alongside the Audi Q7.
- In the second half of 2017 it will launch the second generation of the Phaeton (sedan from segment F) that will be manufactured in Dresden, where the current generation is manufactured.
- Finally, in the second half of 2018, it will launch the eighth generation Golf (sedan from segment C) that will be produced In Wolfsburg and Mosel, where the current generations are manufactured.
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The future Moroccan PSA plant should produce 75 000 vehicles per year
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The future Moroccan PSA plant should produce 75 000 vehicles per year
- The PSA group which has made China and Latin America its top international priorities intends to increase its presence in Africa and the Middle East, where it only achieved 5.8% of its global sales in 2014, 170 000 sales (against 730 000 sales in China). To achieve these objectives, PSA is considering local production of vehicles matching the demand for this region. One option is to manufacture the Peugeot 301 and Citroën C-Elysée in a new plant located in Morocco, at Kenitra.
- Both models already benefit from significant demand in Northen African countries , and the fact of manufacturing them locally will improve their presence in this market.
- If this option was chosen, the Moroccan PSA plant would start operations in 2019 with an annual production of about 75 000 vehicles per year, ie a production volume comparable to that of the Renault plant in Oran which manufactures the Dacia Logan under the Renault badge . The Moroccan PSA plant would be the third plant in the country alongside the Casablanca and Tangier ones.
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