European production decreased by 6.8% in 2012 compared to 2011

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European production decreased by 6.8% in 2012 compared to 2011
 

- Production in Europe (27 countries Europe + Turkey) fell by 6.8% in 2012 compared to 2011 (-6.5% for Passenger Cars), after a 5.4% increase in 2011 (compared to 2010) and 12.2% increase in 2010 (compared to 2009).

 

- It is to be noted that good production levels were reached in 2010 and 2011 thanks to a compensation mechanism (set-up of bonus systems and increased exports which have offset the poor years 2008 and 2009 levels). Production in Europe dropped indeed by 22 8% for the cumul of the two years 2008 and 2009 (6% in 2008 and 17.8% in 2009).

 

- European production peaked in 2007 at more than 20 million vehicles.

 

- By country: Germany, favoured by a large domestic market (about 3 million Passenger Cars annually) and a large volume of exports (around 4 million annually Passenger cars), dominates the European production (with one third of European production). France arrives in second position. It overpassed again Spain in 2012. Great-Britain gradually catches up with European leader countries.


13-05-4



Worldwide production shifts on towards East

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Worldwide production shifts on towards East
 
- In 2012, world production grew by 4.1% compared to 2011 (+5.1% for Passenger cars). Nearly 80 million vehicles were produced last year, but stocks fell (production having been lower  than sales). China accounted for a quarter of world production (19.3 million units, of which 15.5 million  Passenger cars).
 
- In 2011, global production rose by 4.9% compared to 2010. The tsunami had affected the Japanese production which  fell by13% in 2011. In 2012 Japanese production increased (+20% versus 2011; catch-up effect). But in contrast production in Europe fell last year, despite robust exports.
 
- In 2013, a slower growth of the global production is expected (compared to 2012), due to a slowdown in markets (Europe, USA, China, Russia). Production should continue its migration to the East (Asia).
 
- The BRIC (Brazil, Russia, India, China) produced 36% of vehicles worldwide in 2012, and is expected to represent 38% in 2013 and probably 40% in 2014.
 
- It is to be noted that the American continent  (North America  + South America) production and the Europe at large (Europe 27 + Turkey + Russia) production were at  about the same level in 2012, which had not happened since 2000 (Europe  had remained  ahead of America from 2000, to 2011). In 2013, the American continent  will likely produce more than the great Europe (where markets are expected to decrease and plants to close).


 

13-05-1



The Korean market fell by 2.9% in 2012 compared to 2011

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The Korean market fell by 2.9% in 2012 compared to 2011
 
- The Korean market fell by 2.9% in 2012 compared to 2011. This market  is far from the level recorded in 2002 (year of the registrations peak), above 1.6 million units.
 
- The Korean market now seems stuck to a level close to 1.4 million vehicles per year (1,390,000 in 2009, 1,460,000 in 2010, 1,470,000 in 2011, 1,420,000 in 2012).
 
- As for carmakers, the Hyundai-Kia group dominates  the Korean market significantly , with a market share of 71.7% in 2012 (its share is between 68% and 73% depending on the year), with 38.7% for the Hyundai brand and 33% for the Kia brand. GM (Chevrolet ex-Daewoo) and Renault-Samsung are far behind. Imports account for 10% of the Korean market, with a  steady rise over the last  three years. The top three importers are German Volkswagen, BMW and Daimler (like in Japan).
 
- Hyundai-Kia sold more than 6 million vehicles outside Korea.


 

13-04-9



Slower growth of Russian market in 2012

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Slower growth of Russian market in 2012
 

- The Russian market grew by 10.6% in 2012 (compared to 2011), to 2,935,111 units (Passenger Cars  + Light Utility Vehicles), which marks a sharp slowdown from the previous year (+38.9% in 2011 compared to 2010).

 

- The most worrying fact is that the increase in sales in November and December is almost zero, foreshadowing a possible trend reversal in 2013, although it is still quite unlikely. The most credible hypothesis is a quasi-stable Russian market in 2013.

   The market does not seem to prompt a new wave of growth in the immediate future. The numerous carmakers’ investments (Volkswagen’s, Ford’s and Avtovaz’ in  particular) in the country could even cause problems with overcapacity.

 

- Manufacturers have indeed invested heavily in recent years, installing new capacities in the country, attracted by this new Eldorado, which promised to surpass the German market in a few years.

 

- As for carmakers, the Russian market in 2012 was dominated by Lada (18.3%), followed by Chevrolet (7.0%), Renault (6.5%), Kia (6.4%), VW (6 2%), Hyundai (6.0%), Toyota (5.8%) and Nissan (5.6%). The Renault-Nissan group (including AutoVAZ) is  by far the Russian market leader with a market share of 30.4% in 2012.


13-05-2



Land Rover unveils its 2013-2015 product plan

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Land Rover unveils its 2013-2015 product plan
 

-Following the launch of the new Range Rover in 2012, Land Rover announces new launches over the next three years:

• The Range Rover Sport will be renewed during the summer of 2013.
Like the Range Rover , it will be designed  using a new aluminum platform with an objective of weight saving.

• The Defender will be renewed in 2014.
The current model is one of the oldest in the world, since its origin dates back to 1948 and since that date, the silhouette has very little  changed.

• The Freelander will be renewed in 2015.
The current model dates from 2006 and has been upstaged by the recent Range Rover Evoque which attracted a lot of customers.

• The Discovery should be renewed in 2016.


 

13-04-10



  1. Ford will not replace the KA
  2. VW unveils its 2013-2016 product plan
  3. VW unveiled a concept foreshadowing his future big SUV
  4. Honda unveiled a concept foreshadowing his future small SUV
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