PSA increases the production capacity of the 301 and C-Elysee in the Vigo plant

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PSA increases the production capacity of the 301 and C-Elysee in the Vigo plant
 

- 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.

13-23-8

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

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Mahindra launches a shortened version of the Verito

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Mahindra launches a shortened version of the Verito
 

- 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.

13-23-6

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

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Renault is going to sign the agreement with Dongfeng in July

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Renault is going to sign the agreement with Dongfeng in July
 
 
- Renault plans to sign an agreement with Dongfeng on the 25th of July in order to set up its first factory in China. The plant that both partners will build in Wuhan should initially have a production capacity of 150,000 cars per year.

- Let us recall that Dongfeng already produce vehicles in Wuhan for the PSA Peugeot-Citroen group, but the agreement between Dongfeng and  Renault will of course not affect the agreement between Dongfeng and PSA, Chinese manufacturers are used to working for several foreign carmakers at a time.

- Renault plans to produce in the plant from 2016 the replacement of the Koleos suv, Renault's best-selling model in China in 2012 (imported from Korea), along with sedans. These vehicles will benefit from platforms and engines from the range of Samsung cars and already used in the country by Nissan.

- The production of electric cars is also being considered, responding to a request from the Chinese government that encourages carmakers to launch this type of engine.

- Beyond China, Renault wishes to expand throughout Asia, not leaving his ally Nissan the sales monopoly in this area . Thus, Renault is gaining momentum in India and plans to set up a plant in Indonesia. Renault plans to double its sales in the Asia-Pacific region between 2012 and 2016, to more than 500,000 units per year.

13-23-5

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

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JAC plans to produce in Ukraine and the USA

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JAC plans to produce in Ukraine and the USA
 
- To avoid large import taxes implemented in Ukraine, the Chinese carmaker Jianghuai Automobile (JAC) is partnering with the local carmaker Bogdan Motors to produce cars in the country and will be selling this year vehicles under license.

- Bogdan Motors will produce JAC vehicles at its plant in Cherkassy (city in central Ukraine). Bogdan Motors also produces in this factory Lada vehicles and Hyundai brands. Initially a thousand JAC vehicles will be produced per year.

- Moreover, Jianghuai Automobile will partner up with the American GreenTech carmaker to produce an electric model at Horn Lake (Mississippi). The vehicle will be based on the JAC sedan Rejoice and be equipped with a motor and batteries supplied by GreenTech. It will have a range of about 160 km.

- The manufacturer plans to produce 2,000 vehicles a year in Horn Lake. According to GreenTech, an additional assembly plant in partnership with JAC is conceivable in the future, if car sales are successful.

- The partnership between the two groups was announced at the last show in Shanghai.

13-23-7

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

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BAIC is going to acquire Zhenjiang Automobile

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BAIC is going to acquire Zhenjiang Automobile
 
 
- BAIC (Beijing Automotive Industry Corporation) plans to acquire the small Zhenjiang Automobile Chinese carmaker, not in order to increase its volumes but to establish a production site in the province of Jiangsu. For now, BAIC has not communicated on the kind of vehicles that will be manufactured at this site.

- BAIC would have entered into negotiations with the local government of this province, Zhenjiang being a carmaker 100% owned by the state, because of its strategic importance (lorries and specialised vehicle production ).

- In Chinese law, a carmaker willing to produce in a province other than where its headquarters are, must first acquire a carmaker of this province, or merge with one. This regulation reminds the one concerning foreign carmakers who must partner with Chinese manufacturers to be able to produce vehicles in China.

- Zhenjian Automobile has government certificates to produce all types of vehicles, except sedans. So this constructor manufactures trucks and specialised vehicles under the name Shenye.

- Jinggong Zhenjiang Automobile Manufacture Co. Ltd. has two factories which are able to  manufacture 10,000 trucks and 5,000 specialized vehicles. One is located in Zhenjiang and one in Inner Mongolia.

- The carmaker also has two redevelopment platforms of specialised vehicles in Hangzhou and Wuhan.


13-23-3

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

Contact us: info@inovev.com 

 

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