European production (EU +Turkey) in the first half of 2014
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Insight of the Brazilian market in the first half of 2014
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- Brazil is the second largest market in America (behind the United States) and the fifth largest market world wide with 1.6 million vehicles (PCs and CVs) in the first half of 2014.
- The market decreased by 8% in the first six months of 2014 compared to the same period in 2013 In a country with weak economic growth and rising inflation, the car market is not immune to an environment where households are not confident. In addition, the market suffers from higher interest rates, reduced bank loans and rising vehicle prices because of added safety equipment made compulsory (airbags and ABS). The effects of the World Cup and the number of days of holidays, are more factors advanced by the ANFAVEA but are more difficult to measure, but may still have an impact. Traditionally in Brazil, the second half of the year is better, however, throughout the year, we can expect a market down by nearly 10%.
- The majority of vehicles sold are B-segment vehicles (54% market share), which is pretty standard for a developing country.
- Likewise, sedans remain the most popular bodies in the market (72%), followed by SUVs, which are mainly offered on higher segments (C and D).
- By brand, Fiat is the historical leader (21% market share, i.e. 400 000 units) with 5 models in the Top 10 best-selling vehicles in the first half 2014. Followed by VW (19% of the market, i.e. 350 000 units) and Chevrolet (18% of the market, i.e. 330 000 units).
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What about a Russian embargo on EU car imports?
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Read more... What about a Russian embargo on EU car imports?
A first Nissan-Mitsubishi electric vehicle will be released in 2016
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Read more... A first Nissan-Mitsubishi electric vehicle will be released in 2016
GM US product plan unveiled (2015-2018)
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- The GM group will probably produce close to 9,8 million vehicles (PC+UV) worldwide in 2014, which will place the US carmaker as the third global player. In coming years, GM has decided to revamp key models of US marketed (Buick, Chevrolet, GMC, Cadillac).
- The renewal plan has already began but should reach a peak in 2015. Thanks to GM’s new product plan many models will be renewed.
- It must be noted that although traditionally GM waits a long time between vehicle generations. But this time it has decided to shorten the wait, hencemodels that weren’t due for a facelift before 2 years or more will be updated next year. On the other hand it seems that 2017 and 2018 may experience a slow in terms of vehicle replacement although GM has still time to plan ahead.
- In 2013, GM’s best selling model in US, the Chevrolet Cruze, was sold at 688 000 units followed by another Chevrolet, the Silverado with 592 000 units and last but not least the Buick Excelle with 294 000 units.
- GM like other manufacturers is increasingly making their models more and more global. A few years back GM had too many models and too many model variations in the world to be able to simultaneously update its vehicles.
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