Category Blog

Details: Published: 06 September 2022

Brand-new models will be produced at the Melfi Fiat plant

- Brand new Fiat models will be produced at the Melfi Fiat plant from 2014 on. It is the second recent announcement of Fiat relating to a production of its models in Italy following the one relating to the Pomigliano plant.

- The Melfiplant (which produced traditionally Punto) will benefit from more than one billion euros of investment in the framework of the new strategy unveiled by the manufacturer in late October. It will eventually produce 1 600 cars per day (320,000 per year), including a small SUV Jeep and a small SUV Fiat (500X). Both models will replace the Fiat Sedici.

- Melfi, which has 5,500 employees, is the only plant to produce these two models. Once its modernization completed, the site will produce up to four different models on the same production line.

- The new Fiat strategy plans that Fiat Italian factories produce future vehicles intended primarily for export, as well as upper range models. The Melfi plant investment should be followed by a series of investments in other factories.

Data source: File #105 - Production in Europe detailed by model and plant

Details: Published: 06 September 2022

The Korean group Hyundai-Kia sold more than 7 million vehicles in 2012

- The Korean group Hyundai-Kia sold for the first time more than 7 million vehicles worldwide in 2012.

-Hyundai sold 4.39 million vehicles (+8.6%), with 660,000 units in the Korean market (- 2.3%) and 3.73 million abroad (+10.9%).

-Kia sold 2.71 million vehicles (+7.1%), with 480,000 units in the Korean market (- 2.2%) and 2.23 million abroad (+9.4%).

- The group Hyundai-Kia has become the 5th worldwide car from 2009 on. It overpassed Ford group in 2009 and Fiat-Chrysler group in 2008.

Data source: Please contact us at: info@inovev.com

Details: Published: 06 September 2022

Production on German soil: stability

- Unlike France, Germany has not conducted massive outsourcing.
It has now stabilized its production on its territory at a level close to where it was before the crisis of 2008/2009.
It could offset the European market weakness by exports outside Europe (where these exports have added sales from its local production), especially to China, USA and Russia.

- Worldwide production of German carmakers (PC + UV, more than 13 million vehicles), is in 3rd position behind that of Japanese carmakers (almost 20 million vehicles) and the United States (more than 14 million vehicles). It is just ahead of France (a little less than 12 million vehicles). It is, however, to be noted that this analysis is based on a consolidation of Chinese JV carmakers into quantities of traditional carmakers.

Data source: File #105 - Production in Europe detailed by model and plant

Details: Published: 06 September 2022

Production on the soil of France: greater stability

- Production on French soil decreased sharply until 2009.
This was a consequence of delocalization of French manufacturers, despite the development of Toyota and Smart on the French territory.
Production in France should now stabilize, continuing the trend which can be noted since the beginning of the decade (see chart below).

- France, now competes with Spain, behind Germany, for the second European position in terms of quantities produced in a country.

- However, it is to be noted that the position of France appears in a totally different way when production controlled by the French manufacturers (and not production on the French soil) is considered. Worldwide production under the control of French carmakers (including in particular Nissan and AvtoVaz), accounts for about 12 million vehicles in 2012, close to that controlled by German carmakers(about 13 million vehicles).

Data source: File #105 - Production in Europe detailed by model and plant

Details: Published: 06 September 2022

Europe

The European market fell by 8% in 2012 (compared to 2011)

- The European market (Passenger Car vehicles) decrease in 2012 was mainly the consequence of markets collapse in South Europe: Spain (-13.4%), Italy (-19.8%), Portugal (-35.5%), Greece (-40.5%) and France (-13.9%).

A compensation phenomenon, entirely foreseeable, consisting in anticipated purchases within the frame of a scrapping scheme, led to a surplus of cumulative sales in 2009-2010-2011 in France and 2009 in Germany. These cars were not purchased in following years.

- The European market has experienced a 8% fall in 2012 compared to 2011, down to a total of nearly 11,770,000 VP. This is the worst figure since twenty years and no real recovery in 2013 is foreseen. Since 2007, the market fell by 22%, despite the scrapping schemes introduced in several countries.

- Only Britain recorded a significant increase in sales in 2012 (5.7%), but still far from the figures recorded in 2007 (2.05 million in 2012 against VP 2.4 million PC in 2007).