Chery and Jaguar Land Rover start a joint venture plant in Changshu

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Chery and Jaguar Land Rover start a joint venture plant in Changshu

- Chery and Jaguar Land Rover have announcec on 18 November 2012 that they have laid the foundation stone of a new plant in Changshu close to Shanghai. This plant comes as a part of the new 50:50 % Joint-Venture of the two companies.
It will produce the models Freelander and Evoque.

- Jaguar Land Rover is controlled by the Indian conglomerate Tata.
It is specialized in high-end range cars as well as SUV.
These segments are under strong demand in China.

- Chery has a wide range of cars.
It is more specifically known for its small car such as QQ wghich is a copy of the Chevrolet Matiz.
It is however also present on the SUV market, in particular with the Tiggo.

- The alchimie between the two carmakers allying a srong technical expertise from Jaguar and Landrover in luxury SUVand the presence on the market of Chery should enable the new JV to compete in a good position with the players already on the market.

A-48-8b-Freelander A48-8-a-Evoque

A-48-8c-Tiggo
Land Rover Freelander Range Rover Evoque Chery Tiggo

Brakes on alliance GM/PSA

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Brakes on alliance GM/PSA
- According to the press agency  Reuters (13/11/2012), General Motors and alliance partner PSA Peugeot Citroen have halted talks on
   a deeper tie-up amid misgivings about the French carmaker's worsening finances and government-backed bailout, people familiar with
   the matter said.
- The companies, already pursuing an operational partnership announced in February, had also been exploring a full combination of
   Peugeot with GM's European unit Opel, which is based in Germany.
   Two sources with direct knowledge of those discussions said they were broken off after Peugeot accepted a state guarantee for its
   lending arm last month and announced a further deterioration of its cash position.

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Toyota sold 4.6 millions of hybrid vehicles since 1997

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Toyota sold 4.6 millions of hybrid vehicles since 1997

- Toyota has overpassed in October the threshold of 4.6 million hybrid vehicles sold worldwide since the launch of the Prius in 1997.

- Out of this total, 2.04 million units were sold in Japan, almost as much in the United States (1.87 million units),  and less than 400,000 in

  Europe.

- Hybrids currently account for 15% of global sales of Toyota and 40% of its sales in Japan.

  The manufacturer offers in its range 19 hybrids and plug-in hybrid, that it sells in approximately 80 countries.


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Renault wants to increase the competitiveness of its plants in Europe

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Renault wants to increase the competitiveness of its plants in Europe

- Renault and unions are discussing an agreement aiming at  an increase of competiveness of French plants of the group with, as a

  counterpart, a commitment of Renault not to close any French  site. Within the frame of this agreement, Renault will however have

  the possibility to decrease the number of workers on the different sites.
- Each of the four scheduled meetings (next to be held November 29) will be an opportunity to define the main principles of industrial

  organization to implement.
- Today, the French Renault factories are under production compared to the European average.

  They produce an average of 110 000 to 130 000 to be compared to 170 000  in European car factories (average for all car manufacturers).

 

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KIA will produce 285 000 vehicles in Slovakia in 2012

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KIA will produce 285 000 vehicles in Slovakia in 2012
- Kia has announced that its site Zilina has produced this year more than 253,000 cars, already exceeding the record volume of
   252,252 units recorded last year.
- 30 000 vehicles were produced in the Slovak plant during the month of October (+35% versus the same month last year), which
   represents the best monthly performance since the site opened in 2006.
- Kia plans to produce 285,000 vehicles in Zilina throughout this year, approaching the maximum capacity of the factory set at
   300,000 units.
- The plant produces three models: Kia Cee'd (sedan, wagon, coupe), the Kia Sportage and Hyundai iX35.

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  1. Mercedes tries to catch up his rival Audi
  2. VW will produce 600 000 vehicles in 2012 at its Puebla plant (Mexico)
  3. VW-SAIC launches the new Santana in China
  4. Peugeot has released its 2013-2015 product plan
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