GM will make streamline the manufacturing of the Buick and Opel
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Read more... GM will make streamline the manufacturing of the Buick and Opel
Chinese exports have declined by 10% over the 7 first months of 2013
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- As we saw previously imports in China fell by 10% during the first half of 2013, Chinese auto exports have also declined by 10% over the first seven months of the year, to 640,000 units, without there being a link between the two phenomena.
- Let us remember that these Chinese exports represent only 5% of the total automobile production in the country (about one million units) and only represents 1% of automobile exports in the world.
- In comparison, Germany, Japan and Korea export more than 50% of their total production.
- The most obvious explanation for this phenomenon is that Chinese manufacturers are too busy to respond to the demand (which is large and growing) in China, and secondly those who tried to implement themselves in foreign markets (especially independent Chinese manufacturers) fail to impose themselves on the global market where competition is fierce.
- We need to point out that it only took China 11 years to reach the threshold of one million vehicles exported. Yet it took 15 to 20 years for Japan, Korea and Germany to achieve the same volumes.
- The average price of Chinese cars exported amounted to $ 13 000, which represents 60% of the average price of Korean cars exported, and 40% of the Japanese cars exported and 30% of the price of German cars exported.
Read more... Chinese exports have declined by 10% over the 7 first months of 2013
Indian production will suffer a slight decline in 2013
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- Constrained by an internal market down by nearly 10% in 2013 (the first eight months of the year, passenger car sales fell by 8% and commercial vehicles 11.3%), Indian production accuses a small decline in 2013 for the first time in fifteen years, due to the export growth that does not fully compensate for the decline in the domestic market.
- This decline in the Indian market (and production) should not extend over a long period because the market fundamental traits remain good and volumes have very much improved in recent years, especially in 2010.
-The Renault-Nissan group, which recently increased its production capacity in the Indian territory, believes that the current slowdown in certain emerging markets, such as Brazil, Russia and India, is a temporary adjustment of volumes, and expects growth in these countries will restart in 2014. The potential of these countries is indeed promising: in Europe, there are more than 500 cars per 1 000 inhabitants against only 200 per 1000 inhabitants in Brazil, 300 in Russia and 50 in India.
- Indian production is dominated by four major manufacturers: Suzuki (Maruti), which holds a 30% share of production, Tata Motors, whichholds 17%, Hyundai, which holds 15% and Mahindra, which holds 14%. By themselves, these four manufacturers together hold 76% of the Indian production.
Read more... Indian production will suffer a slight decline in 2013
Chery launches two new sedans the Arrizo 3 and Arrizo 7
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Read more... Chery launches two new sedans the Arrizo 3 and Arrizo 7
After large pick-up vans, GM is renewing its large SUV range
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Read more... After large pick-up vans, GM is renewing its large SUV range