Renault could sell its Algerian assembly plant
- Details
Renault could sell its Algerian assembly plant
- The Renault assembly plant in Oran, which was inaugurated in 2014, does not at all meet the manufacturer's objectives since it no longer manages to come close to the targeted production level of 75,000 vehicles per year, on the basis of a response to local demand which had suffered at the time from the stoppage of car imports. In 2015, the Renault plant in Oran had manufactured 19,419 vehicles (Clio, Logan, Sandero) then 42,036 in 2016, 60,646 in 2017 and 72,615 in 2018. This steady increase in production rates then made it possible to anticipate a production of 75,000 units per year, the manufacturer's initial objective.
- The first difficulties appeared in 2019, with 60,012 units produced, down 20% compared to 2018, but this was nothing compared to what happened in 2020, where the production volume of the factory in Oran collapsed, falling to 754 units, causing the factory to shut down for many months. In 2021, the factory's activity gradually resumed, but the production volume for the year does not exceed 5,208 units, i.e. twelve times less than in 2019. As a result, the forecasts for the period 2022-2030 are very uncertain and it is not certain that Renault will keep this assembly plant.
- The difficulties would come from the assembly of cars with too low an integration rate, described by the Algerian government as disguised imports. The "screwdriver" factories of several manufacturers established in Algeria were successively closed. Renault, which has always favored its Tangier site in Morocco, may have misunderstood the attitude of the Algerian government regarding its "screwdriver" factory in Oran. This disappointment comes on top of that recorded this year in Russia, with the closure of Avtoframos and the question concerning Avtovaz in which Renault holds 68% of the shares.
Contact us: info@inovev.com
Comparison of passenger car sales in the 1st quarter of 2022 in the 3 major regions of the world
- Details
Comparison of passenger car sales in the 1st quarter of 2022 in the 3 major regions of the world
- Analysis of the first three months of 2022 shows a sharp decline in passenger car sales in Europe (-10.7%) and the United States (-16.5%). On the other hand, in China, sales of passenger cars are up by 9.1% in the first quarter of 2022. However, a trend reversal (-0.6%) can be noted relative to the month of March.
- If the shortage of semiconductors is not yet over, other shortages have been added following the invasion of Ukraine by Russia, affecting several raw materials as well as certain spare parts, which has as a result of production interruptions in car factories. Several manufacturers have had to temporarily shut down their production plants due to a lack of components produced in Ukraine. In addition, since March 2022 China has again been affected by a new wave of Covid, which has had an impact on local automobile production and therefore on sales.
- The fact remains that Europe and the United States show a sharp drop in passenger car sales in the first quarter of 2022, while China continues to progress, which raises the question of this distortion at the global level.
- If we take into account the shortage of semiconductors, it seems that China suffers less from this shortage. Regarding the consequences of the war in Ukraine, it is obvious that manufacturers in Europe are the most affected. Regarding other consequences, one can wonder.
Contact us: info@inovev.com
Mitsubishi's decision to manufacture a new Colt in Turkey
- Details
Mitsubishi's decision to manufacture a new Colt in Turkey
- Mitsubishi, a partner of Renault and Nissan within the Renault-Nissan-Mitsubishi group, has announced the return to Europe of its small B-segment Colt sedan in 2023.
- The manufacturer had initially decided to leave the European market, given its low sales for ten years, but it reconsidered this decision a few months later, betting on the sharing of existing platforms within the band. This is how the future Mitsubishi Colt will take over the platform and silhouette of the Renault Clio and will be produced at the Renault site in Bursa, Turkey. It will be in a way the heir to the current Nissan Micra, which itself takes up the platform and the silhouette of the Renault Clio of the previous generation. The Micra should indeed disappear in 2024.
- The old Mitsubishi Colt sold 400,000 units in Europe between 2004 and 2014, when it was retired. This volume is equivalent to 40,000 units per year, which remains the sales target for the future Colt. The task will be difficult because Mitsubishi is a fairly marginal manufacturer in Europe and the Nissan Micra itself has not been very successful, since it has sold 300,000 copies in five years, or 60,000 units per year. , with a larger sales network than Mitsubishi.
- The new Mitsubishi Colt will not be marketed in a 100% electric version but will be available in a thermal and hybrid version (Clio engines), which means that this model will probably only be sold during the 2023-2030 period, since European regulations obliges manufacturers to eliminate their thermal engine models in 2035.
Contact us: info@inovev.com
Read more... Mitsubishi's decision to manufacture a new Colt in Turkey
Start of the fourth Tesla assembly plant in the world
- Details
Start of the fourth Tesla assembly plant in the world
- The Californian electric car manufacturer Tesla will start car production in its fourth assembly plant located in Austin (Texas, USA) which it has just inaugurated. This new plant joins those in Fremont (California, USA), Shanghai (China) and Berlin (Germany, EU). Its mission is to meet the growing demand for Tesla models as the Fremont plant with a production capacity of 500,000 vehicles per year reaches saturation, with 445,000 units produced in 2021. The Austin plant which has a production capacity of 500,000 vehicles per year, aims to manufacture more than one and a half million vehicles by 2023, and thus to be among the top 15 manufacturers in the world for the first time.
- In 2021, Tesla manufactured 930,000 vehicles worldwide, including 485,000 in China and 445,000 in the USA, with the European plant in Berlin due to start in the spring of 2022. The new factory located in Austin is to take on the production of 500 000 Model Y per year before the arrival of the Cybertruck pickup whose production is due to start in 2023 (with some delay, priority having been given to the Model 3 and Model Y). Let's add that the factory should also assemble the humanoid robot Optimus.
- The production capacity of Tesla in the world will therefore be next summer 500,000 in Austin + 500,000 in Fremont + 500,000 in Shanghai + 250,000 in Berlin = 1.75 million units. But the manufacturer plans to double production capacity in Shanghai from 2023 and to double production capacity in Berlin in 2025. That year, Tesla will therefore be able to produce 2.5 million vehicles worldwide, including one million in the USA, one million in China and 500,000 in Europe.
Contact us: info@inovev.com
Read more... Start of the fourth Tesla assembly plant in the world
GM and Honda will jointly develop "affordable" electric vehicles
- Details
GM and Honda will jointly develop "affordable" electric vehicles
- The Japanese manufacturer Honda seemed a little behind in terms of electric motors, compared to Tesla and even compared to other Japanese like Toyota or Nissan. However, we recently saw that Honda had decided to design future electric cars with Sony through a new joint venture. A new step has just been taken with the announcement of an agreement with the American GM to develop entry-level 100% electric vehicles (A/B segment), a market segment held today by Chinese manufacturers and by Dacia (Spring).
- The sixth and seventh world manufacturers therefore intend to place themselves in this market for electric vehicles in the lower segments that manufacturers seem to neglect as a general rule. The D/E segments represent 46% of global BEV sales in 2021, while the A/B segments represent only 33%.
- The aim of GM and Honda's strategy is to jointly produce compact electric vehicles at affordable prices (less than 30,000 euros), much lower than those observed today. If this strategy leads to such models, sales of electric cars will increase significantly because today a large part of the clientele cannot acquire this type of vehicle because the price is too high. In 2021, sales of electric vehicles did not exceed 6% of the global automotive market. The new agreement between GM and Honda also concerns the joint production of new electric batteries that are less expensive and manufactured in large quantities for the two manufacturers.
Contact us: info@inovev.com
Read more... GM and Honda will jointly develop "affordable" electric vehicles
Inovev platforms >