The U.S. market finished the year 2013 at 15 600 000 vehicles
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- The U.S. market ended the year 2013 with a volume of 15.6 million vehicles sold (PC + LCV), close to Inovev estimates (Estimated volume of early 2013 between 15.5 and 16 million units).
- Despite a weak month of December 2013, all of 2013 showed strong growth (+7.5%), thanks to the first eight months of the year that were all positive and some months approached or exceeded an increase of 15% compared to the same month of the previous year.
- Only September was negative, certainly because of the blocking of the country following the political conflict between Democrats and Republicans on the 2013 budget. The months of October and November have probably offset this gap.
- The U.S. market in 2013 recorded its highest score since 2008, but the years between 1999 and 2007 were even better (more than 16 million units each year). However, it is likely that the U.S. market will regain these levels in 2014.
- Compared to China, the U.S. market in 2013 remains far lower (China 2013 forecasts: more than 20 million PC + LCV). Compared to the European Union, the U.S. market in 2013 is considerably higher (EU forecast: less than 14 million PC + LCV).
- The breakdown of registrations in the U.S. in 2013 was almost equal between PC and LCV (respectively 49.7% and 50.3%). In 2002-2007 LCVs largely outran PC while the trend became reversed between 2008 and 2012.
Read more... The U.S. market finished the year 2013 at 15 600 000 vehicles
Between 2014 and 2018 Spain should be the great European winner
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Read more... Between 2014 and 2018 Spain should be the great European winner
Cuba has liberated the automobile trade on its territory
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- Cuba is an exception in the political and automobile world. Embargoed by the U.S. over the last fifty years, Cuba banned simultaneously the importation by individuals of foreign vehicles on its territory. Consequence: 120 000 to 150 000 cars (an estimated volume since there are no official figures ) are currently running in this country of 11 million inhabitants. Half of these cars are American cars of the 40s and 50s that were already present there before the 1959 Cuban revolution that brought Fidel Castro to power.
- Nevertheless there is also the presence of Russian cars (Lada) from the 70s and 80s , European cars (Skoda) from the 90s and 2000s, Chinese vehicles (Chery, Geely) from the 2000s imported by rental companies or administrations.
- Cuba does not yet have an automobile industry but this may change in coming years. A Chinese manufacturer (Geely) that is currently the sales leader in the country is planning to build a small factory there. Meanwhile, a decree was issued to formalize the liberalization of car trade in the country between individuals.
- A second hand Lada costs today about 10 000 dollars, despite an average salary of $20 per month , the importation of foreign vehicles however will only affect the wealthiest part of the population, but in the current economical climate the opening to international trade is already real step forwards.
Read more... Cuba has liberated the automobile trade on its territory
Towards a stabilisation of vehicle dimensions?
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- The dimensions of vehicles produced in Europe has continuously increased from 1998 to 2013, except during the 2008-2010 crisis.
-The graphs here underneath present the evolution of length and height. It is average values weighted by the number of vehicles which are produced each year. Treated data are extracted from the Inovev database comprising all vehicles produced in Europe with their dimensions and their quantities
-During the 2008-2010 crisis, less high-range vehicles were produced and sold. After the crisis, the number of SUVs increased very quickly. At the same time C segment and D segment also grew, while B segment decreased significantly.
- In the future, dimensions should stabilise and even decrease when more segment B vehicles will be purchased again.
- For more information, please refer to the complete Excel file including all European cars, with their dimensions, their weights and their quantities (included in Premium 2 level or which can be acquired by clicking here).
Geely could begin assembling SKD vehicles in Cuba
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Read more... Geely could begin assembling SKD vehicles in Cuba