Jaguar introduces the next gen XF

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Jaguar introduces the next gen XF
 
- In 2014 more than 880 000 sedans of segment E were produced in Europe (-6% compared to 2013). BMW produced 223 000 -5 Series, Mercedes produced 216 000 E Class, Audi produced 123 000 A6, Volvo produced 108 000 -S80 / V70 / XC70. Jaguar produced 45 000 XF. Half of its vehicles were destined for export outside Europe (mainly USA and China).

- Jaguar has unveiled the second generation of the XF. This sedan has been produced at 268 000 units between January 2008 and December 2014, an average of 38 000 units per year, while Jaguar's target was 50 000 per year.

- The new generation introduced today, which will be marketed from the second half of 2015 will have to meet the same goals set at 50 000 units per year. Achievable goals since the model could benefit from the growth of the US and Chinese markets which will increase sales.

- The XF no longer represents the entry level Jaguar, since a new model has been added to the range, the Jaguar XE (segment D), production of which has just started in Solihull and whose goals are 100 000 units year.

- The new Jaguar XF will be built at the plant in Castle Bromwich, alongside the XJ, it is announced to be 190 kg lighter than the previous model. It will have “Ingenium” engines including a 2.0 diesel 163 hp, a 2.0 petrol 200/240 hp and a 3.0 V6 petrol 380 hp. An estate version might be added shortly like on the previous generation. 

15-10-5  

 

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Italian production stabilized in 2014

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Italian production stabilized in 2014
 
- Italy produced 581 633 vehicles last year (PC + LUV) in total (of which 11 000 were Jeep Renegade), against 588 416 in 2013 (-1%) but nearly 1.2 million in 2007.

- In 2014 Italian car production ended six years of sharp decline slightly rectifying the slowdown thanks to the start of the first Jeep produced in the country, the Renegade. The fall of Italian production between 2007 and 2013 (-50%) is mainly due to the fall of the Italian market (-47%) of which it remains heavily dependent on, but also the near withdrawal of the FCA Group from segment B with the non-replacement of the Fiat Punto (formerly European market leader).

- The decision to manufacture different versions of the 500L in Serbia (this model is manufactured at 100 000 units per year) also stopped an full revival of the automotive industry in Italy. Also, the transfer of the Lancia Ypsilon to Poland didn't helped this recovery. Poland (+ 10%) and especially Serbia (+ 30%) experienced an increase in their production levels that was higher than that of Italy.

- But a sustainable recovery of Italian production is not assured. Indeed, despite the production of the new 500X and Jeep Renegade (SUV from segment B, a category with strong growth in Europe) and despite a restart of the Italian market, these two positive impacts will struggle to compensate for the announced transfer of the Punto to Poland and the Bravo to Turkey.

15-10-3  

 

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Uzbek production appears to have reached a plateau in 2014

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Uzbek production appears to have reached a plateau in 2014
 

- Uzbek automobile production is represented by a single national group (Uz Daewoo) which manufactures Chevrolet / Daewoo vehicles under license from parts from South Korea. In 2014, the Uzbek production stabilised at the record level of (246 000 units). It must be remembered that in 2005 Uzbekistan produced only 100 000 vehicles, which means that the country has seen its car production multiplied by 2.5 in nine years.


- It is the country's good economic health that allowed such a boom, most of Uzbek production is sold locally and the domestic market has been booming for the last ten years. Some vehicles are exported to Russia, but their quantity remains low compared to the overall production volume of Uzbekistan.


- They have still been numerous enough to cause a decline in production in Uzbekistan in 2014, due to a declining Russian market last year (-10.3%), this decline is forecasted to increase in 2015 and may have a negative influence on the volume of Uzbek production this year (drop in exports).


- Six models are currently manufactured in Uzbekistan (in the Asaka plant) the Nexia, Lacetti, Damascus, Daewoo Matiz original, the Cobalt and Chevrolet Spark Original (GM Korea). No communication has been made on the future development of the production program of the Uz Daewoo group.


15-10-2  

 

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Canadian production increased by 6% in 2014

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Canadian production increased by 6% in 2014
 
- Canadian automotive production reached 2.57 million vehicles (PC + LUV), representing an increase of 6% over 2013, but is still far from the peak reached in 1999 of 3 million units.

- In 2005, Canadian production (2.58 million units) was 40% higher than Mexican production (1.5 million units) since American and Japanese manufacturers produced more vehicles in Canada than in Mexico (vehicles sold in the market US).

- Since 2009, US production rose again in 2014 to regain its pre-crisis volumes. In Mexico, production has also increased since 2009. Carmakers producing locally manufactured more vehicles in 2014 than before 2009. In contrast to Canada, only Japanese manufacturers (Toyota and Honda) produced more in 2014 than before 2009. American manufacturers have produced in 2014 less vehicles than before 2009. Finally, since 2009, US manufacturers have mostly targeted production in the United States and Mexico leaving Canada behind.

- In 2014, Canada remained the second largest producing country for FCA (after the USA), while Mexico has become the second country of production (after the USA) for GM and Ford.

- In 2014, FCA (673 000 units) became the leading manufacturer in Canada, ahead of GM (627 000 units), Toyota (580 000 units), Honda (467 000 units) and Ford (225 000 units). The most produced model is the Toyota Corolla (242 000 units), followed by the Toyota Rav-4 (228 000 units) and the Chevrolet Equinox (222 000 units).

15-10-1  

 

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Iranian production recovered strongly in 2014

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Iranian production recovered strongly in 2014
 

- Iranian car production began to restart in 2014 by reaching more than to 1 million of units, thanks to the reduction of economic sanctions against Iran, and also through supplies of parts from China which allowed the assembly of 320 000 Peugeot cars (Peugeot 405 and 206), while the French manufacturer hasn’t provided Iran with any parts since leaving the Iranian market in 2012 (as a result of its agreements with GM). It is the high demand from the local market which prompted the Iranian manufacturer Khodro to proceed in this manner, thereby working around the embargo on auto parts.


- Iranian production is indeed sold locally, and there are very few exports. It once again reached the million vehicles produced threshold  in 2014, representing an increase of 60% compared to 2013 (the Iranian market reached 954 000 units in 2014, representing an increase of 33.3% compared to 2013).


- The levels reached in 2014, are still far from the record levels of 2010 and 2011 when Iranian production reached 1.6 million units per year. One can think that with the announced return of Renault and PSA to Iran thanks to the easing of economic sanctions against Iran, local production should continue to grow and gradually return to the levels of 2009 i.e. 1.4 million units that may be reached in 2015 or 2016. PSA is willing to sign an agreement with the Iranian company Khodro to locally produce the 301, 208, 2008 instead of the former 405 and 206.


15-09-9  

 

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  1. Moroccan production reached a new record in 2014
  2. Ukrainian production has fallen to its lowest level since 1991
  3. Venezuelan production has reached an all time low in 2014
  4. Russian production fell by 14% in 2014
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