Production PC + LCV in Russia in the first half of 2014
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- In the first half of 2014, production (PC + LCV) in Russia reached 1 000 000 units against 1 100 000 units in 2013, a 10% decrease in the total production volume over the period.
- The groups that produce the most vehicles in Russia are: Renault-Nissan (under French control), which produced nearly 369 000 vehicles in the 1st half of 2014 , followed by Hyundai-Kia (179 000 units, under Korean control ), Volkswagen (116 000 units under German control ) and GM (95 000 units under American control ). Russia’s first independent manufacturer to enter the ranking is UAZ (in 11th placewith 9 000 units in the first half of 2014).
- By brand, in H1 2014,Lada is the leading brand in Russia, with 203 000 manufactured units, followed by Kia (113 000 units), Renault (106 000 units), Chevrolet and Hyundai with each 81 000 and 67 000 units respectively.
- Since the beginning of 2014, the market has decreased sharply, moreover in the first 7 months it decreased by 10% (with -23% in July) and we expect that until the end of the year and beyond it will further decline.
- The most produced models are the LadaGranta (Segment C, 76 000 units), Hyundai Solaris (segment C, 67 000 units) and the Kia Rio (segment B, 56 000 units). The most represented segment in Russia is segment C (467 000 vehicles in the first half of 2014).
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The BMW product plan unveiled (2015-2017)
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The Iranian market is making a come back in 2014
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- The Iranian market (PC + LCV) is on the path to recovery. Over the first five months of 2014 it has indeed increased by 7.2% compared to the first five months of 2013, let us recall that the market collapsed over the past two years, from 1 650 000 vehicles in 2011 (record sales) to 1 385 000 in 2012 and 715 000 in 2013. This fall was mainly due to the tightening up of the embargo on importing auto components.
- Over the whole of 2014, the Iranian market could range between 750 000 and 800 000 units, which shows an improvement, but also the long way to go in order to reach 2011-2012 levels.
- After the loosening of the sanctions burdening the automobile industry, French manufacturers (leading exporters in Iran until 2012-2013) and in their wake some equipment suppliers are once more looking towards the Iranian market. However, only local manufacturers and locally produced vehicles have benefited from this growth.
- In this context Iran-Khodro and Peugeot were able to increase the volume of their joint manufacturing from CKD and from local components. Peugeot was able to sell 124 000 units of 206 and 405 models in the first five months of 2014 (against 78 000 in the first five months of 2013), monopolizing 35% of the local market (against 23% in 2013). For its part, SAIPA ( Kia vehicles) has sold 129 000 models over the same period (against 83 000 in 2013), monopolizing 36% of the local market (against 24% last year). Chinese carmakers are also making progress: they now account for 10% of the Iranian market (against 8% in 2013 and 2% in 2012). Lifan is the 4th brand in the country and Chery is in 5th position, ahead of Renault.
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The European LCV market increased by 10.2% in the first half of 2014
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- The European LCV market 29 countries recorded an increase of 10.2% of sales in the first half of 2014, compared to the first half of 2013, to 791 000 units (against 718 000 last year).
- This significant increase (PC market growth in Europe did not exceed 6.4% over the same period) offset somewhat the decline in the European LCV market between 2007 and 2013 (-38% in six years). At the end of the year, the market volume should reach 1.58 million units, still below the level of 2011 which was already very low.
- We are far from the booming years between 2000-2008 which often exceeded two million annual sales of LCVs in Europe, 2007 even recorded a peak of 2.3 million units, a level which will be difficult to reach again in the future.
- As for PC in the first half of 2014, Eastern Europe was more dynamic with an LCV sales increase of 14.1% while Western Europe increased by 9.9%.
- If we sum up PCs and LCVs we can observe that the growth in the 29 European countries is on average of 6.8% (reaching 7 638 295 units) which bodes well for a volume close to 14 million units throughout the year. Let us recall that Inovev estimated the the Chinese market at 22 million units, the U.S. market at 16.3 million units and the Japanese market at 5.8 million units over the same period.
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Read more... The European LCV market increased by 10.2% in the first half of 2014
The South African market declined by 5.4% in the first half of 2014
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Read more... The South African market declined by 5.4% in the first half of 2014