Category Blog

Details: Published: 06 September 2022

The Citroën plant in Aulnay will stop all car manufacturing by October 2013

- The management of PSA Peugeot Citroën has officially announced that the Aulnay-sous-Bois plant will permanently close in 2014, it will cease to produce some cars (Citroen C3) by the end of October 2013 due to lack of manpower since many redundant employees have already left the factory.

- The production of spare parts will ensure the maintaining of the activity for the next few months.

- Let us recall thatthe manufacturer had in recent years gradually transferred the production of the Citroën C3 from Aulnay to Poissy, where are produced the Citroën DS3 and Peugeot 208.

- From November, the Citroën C3 will no longer be produced at Poissy, a plant whose origins date back from 1939, while the Aulnay plant dates back from 1973.

- The closure of the Aulnay plant will allow PSA to offload significant overcapacity while the European market is struggling to rise (it will probably take 5-6 years for the European market recover completely). The PSA plants in Europe are currently operating at 55% capacity. With the closure of the factory in Aulnay, the rate goes back to 60%.

Contact us: info@inovev.com

Details: Published: 06 September 2022

BAIC Group is going to build a second plant in Zhuzhou

- BAIC Group is a Chinese manufacturer that produces vehicles:

- Under its own brands: BAIC Motor for individuals and Foton for commercial vehicles (light and heavy)

- Joint venture for the Beijing-Benz (Daimler) and Beijing-Hyundai (Hyundai-Kia) brands.

- The BAIC Group has signed an agreement with the Government of the Hunan Province for the construction of a new production plant in Zhuzhou City. This will be the second production plant of the BAIC Group in Zuzhou, bringing the manufacturer's production to 500 000 vehicles to run on site. The plant, which will be effective in 2015, will have a nominal capacity of 300,000 vehicles.

- By 2015, the BAIC Group aims to produce about 400,000 vehicles of its own brands, with the launch of a twenty passenger cars. In 2012, more than 1 million passenger cars has been produced by the BAIC Group but only 32,000 passenger cars were for the Group's own brands, while Beijing Benz and Beijing Hyundai produced close to 1 million units.

Data source: File #101 - Worldwide production detailed by models

Contact us: info@inovev.com

Details: Published: 06 September 2022

China imports decline in the first half of 2013

- According to a report in the National Business Daily, China's auto imports have declined from 10.7% in the first half of 2013, compared to the first half of 2012. They would have totaled at 526,000 units, against 589,000 in the first half of 2012.

- The largest decline concerns BMW, Mercedes, Audi and Land Rover brands, which produce more and more locally. These imports have dropped by 19.9%. Imports of BMW, Mercedes and Audi in the first half of 2013 totaled respectively at 84,000 units (-17.6%), 53,000 units (-22.8%) and 45 000 (-2.9%).

- Despite the decline in imports from Europe, imports from North America are still on the rise this year. They rose by 4.3% in the first half of 2013, compared to the first half of 2012. Thus, imports of Jeep rose by 19.4% during the first half of 2013, while imports of Chrysler and Dodge have also increased.

Data source: File #101 - Worldwide production detailed by models

Contact us: info@inovev.com

Details: Published: 06 September 2022

Registrations

The European market may have to wait 5 to 6 years before a complete recovery

- The European passenger car market (27 countries) is down by 6.5% in the first half of 2013 compared to the first half of 2012, the month of June 2013 is in line with the previous month with a decrease of 6.3%. Some countries suffer more than others, mainly the Netherlands (-36,3%) due to the end of the tax exemption on the purchase of new cars since the 1st January, but also Ireland (-19 6%), Finland (-15.5%), Switzerland (-11.8%), France (-11.3%), Italy (-10.2%), Sweden (- 9.6%) and Germany (-8.1%).

- Britain (+10.0%) is the only country to experience a double-digit growth, thanks to significant price reductions practiced among manufacturers. Good news for, Greece, Spain and Portugal that seem to see the end of the collapse of their markets, these countries have actually reversed the trend for several weeks now with a gradual return of confidence among buyers.

- Overall, it will probably be 2019 before the European market recovers fully, even if the decline in sales should stop at the second half of 2013. Inovev provides that the European market has reached its lowest point in 2013 and sales are expected to rise again in 2014. But it is uncertain that the market will reach the record 2007 levels before the end of the decade.

Contact us: info@inovev.com

Details: Published: 06 September 2022

Geely is going to enter a joint venture in Belarus

- The Chinese carmaker Geely (GeelyEmgrand, Gleagle, Englon and Volvo) has signed a joint venture agreement with BelazCorproration the manufacturer of construction machinery and construction site management and with the equipment supplier Soyuz Corporation. This agreement covers the construction of a vehicle assembly plant with a capacity of 120 000 vehicles per year.

- The plant, which will be based in Borisov in the Minsk region, will initially produce four models from the Geely brand: the SUV-GX7, the SC7 sedan , the SC5 and the LC Cross urban.

- The establishment of this plant:

- Accompanied the development strategy of the group outside of China. Indeed, Geely is 100% Chinese group with the highest growth outside China,

- Allows Belarus to welcome for the first time an automaker, in a territory previously empty of any automobile industry.

- In the first six months of 2013, the Geely brand has sold nearly 15,000 units in Russia and 7000 in Belarus, becoming the first Chinese brand in both countries.