31% excess capacity in Europe in 2012, probably even more in 2013
- Details
- Production capacity in Europe in 2012 31% higher compared to actual production, in all plants on the continent (including Turkey, Russia, Ukraine).
- This figure is one of the worst in ten years, since only 2009 (the peak of the financial crisis) had experienced an even poorer outcome (38% of non-employed capacity) over the past ten years.
- The skill levels of European plants that can be seen in the document below include plant openings and plant closures, and also include reductions in capacity or capacity increases implemented in some existing plants .
- With the decline of the European market in 2013, which is not compensated by a sufficient increase in exports outside of Europe, it is likely that the rate of use of European plants will decline further down probably to approximately 65 %.
- The year 2014 should be more promising, because on one hand the European market should restart (after four years of decline) and on the other hand three plants are going to close in Europe (Bochum, Aulnay, Genk), which will naturally generate a reduction in installed capacity.
Data source: File #101 - Worldwide production detailed by models
Contact us: info@inovev.com
Read more... 31% excess capacity in Europe in 2012, probably even more in 2013
PSA increases the production capacity of the 301 and C-Elysee in the Vigo plant
- Details
- Six months after their launch, the Peugeot 301 and Citroën C-Elysee started off better than expected. These two models are not scheduled for marketing in Western Europe (excluding Spain and Portugal) are finding their customers in Turkey, Spain, Portugal, Czech Republic and Slovakia.
- In the first five months of 2013, over 11,000 Peugeots 301 and Citroën C-Elysee have been sold in across the countries mentioned.
- In recent months, both models have been launched in the Middle East, Israel and some African countries, including Algeria, which already represents 6,000 orders. Russia and Ukraine the last countries where were launched these models also appear promising with 1300 orders in Russia and 800 in Ukraine in a single month.
- As a result, PSA has decided to increase by 50% the production potential in Vigo (Spain) of the Peugeot 301 and Citroën C-Elysee. The production capacity of the two models in this plant is now of 150 000 units per year against 100,000 previously.
- The next step is China with a local manufacturing plant in Wuhan for a capacity of 150,000 units per year. Overall PSA Peugeot plans to sell 300,000 301 and Citroën C-Elysee per year against 250,000 previously.
Data source: File #101 - Worldwide production detailed by models
Contact us: info@inovev.com
Read more... PSA increases the production capacity of the 301 and C-Elysee in the Vigo plant
JAC plans to produce in Ukraine and the USA
- Details
Data source: File #101 - Worldwide production detailed by models
Contact us: info@inovev.com
Mahindra launches a shortened version of the Verito
- Details
- In India, following an old agreement between Renault and Mahindra, the Indian carmaker produces and sells the 1st generation Dacia Logan under the name Verito.
- Today, the Indian carmaker has launched a shortened version of less than 4 meters long, the Verito Vibe. This choice is not trivial because in India VAT is only 12% on vehicles under 4 meters while it is 30% on cars more than 4 meters long. which is also a reason for the success of cars under 4 meters in this market.
- Let us recall that the separation between Renault and Mahindra in the past had stopped the launch of the Sandero by Mahindra.
- The rear of the Verito Vibe has been completely remodeled, with lights installed in the rear pillars. On the other hand , there is no hatch: only the bottom of the chest opens, like the old Citroëns GS and CX.
- To be classified as a "small car", this model is only available with the 1.5 liter diesel engine DCI 65 (K9K), made by Renault.
- Verito Vibe price: 563,000 rupees (7,600 euros), against 605,000 rupees (8 200€) for the standard Verito.
Data source: File #101 - Worldwide production detailed by models
Contact us: info@inovev.com
Read more... Mahindra launches a shortened version of the Verito
Renault is going to sign the agreement with Dongfeng in July
- Details
Data source: File #101 - Worldwide production detailed by models
Contact us: info@inovev.com
Read more... Renault is going to sign the agreement with Dongfeng in July