Global registrations up 10 months
- Details
- Over the first ten months of 2012, global vehicle registrations (PC + LUV) grew by 5.5% in comparison with the first ten months of 2011:
-Passenger cars (PC) rose by 6.8%
-Light commercial vehicles (LUV) rose by 1.9%
- Geography of markets:
•PC: all markets rise except Europe, Turkey and Korea
•LUV: all markets rise except Europe, Turkey and Korea but also China and Brazil
- It is to be noted that in 2011, global vehicle registrations increased by 4.6% (in comparison with the twelve months of 2010), despite the terrible tsunami in Japan and severe flooding in Thailand.
Ford announces the launch of 8 new models in the Indian market by 2015
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- Since 2010, Ford sales in India fluctuate between 6,000 and 7,000 units per month, on average. The Ford Figo (an old generation of
Ford Fiesta in Europe launched in 2002), accounts for most of the sales.
The Figo’s sales represents nearly 82% of the Indian local production plant in Chennai.
Read more... Ford announces the launch of 8 new models in the Indian market by 2015
SAIC will sell 4 million vehicles in 2012
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-Shanghai GM joint venture between SAIC (the first Chinese manufacturer) and GM (the first American manufacturer), sold 1.14 million units in the first ten months of 2012 and is expected to reach its target for the whole of 2012, aimed to 1.38 million units.
Shanghai-GM-Wuling(JV between SAIC and Wuling GM) sold 1.01 million vehicles over the first ten months of 2012.
-On its side, Shanghai VW joint venture between SAIC and VW (first European carmaker), has sold 1 million vehicles over the first ten months of 2012.
-The own brands, SAIC Roewe and MG, sourced from the British takeover of MG Rover in 2005, totaled 153,484 sales in the same period.
-For the full year 2012, the group SAIC will therefore sell 4 million vehicles i.e. more than a manufacturer such as PSA.
Dispute on “supercredits” for low-emission vehicles
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Read more... Dispute on “supercredits” for low-emission vehicles
Japanese carmakers will increase their facilities in North America
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- Japanese carmakers are increasing their industrial presence in North America in order to offset the strong yen and catch-up production lost after the earthquake of 2011 in Japan.
- Over the next three years, three new plants will be built in Mexico (Mazda, Nissan, Honda), while two other sites in the United States will be expanded (Subaru, Mitsubishi).
- This wave of expansion, the largest since 2000-2003, focuses on increasing the capacities of plants building small cars or luxury cars. In the past 2000-2003 wave, carmakers had focused their expansion on manufacture of SUV and pick-up.
- Furthermore, additional capacities are now set up primarily in Mexico, while the United States and Canada were privileged before 2003.
Read more... Japanese carmakers will increase their facilities in North America