Fiat has ambition to sell 500,000 cars in China in 2015


- Fiat, which has finalised a JV with GAC (Guangqi Automotive Corporation) last year, has ambition to sell 500 000 cars in China in 2015.


- The Viaggio model (based on the Dodge Dart, and therefore on the Alfa Giulietta) knows indeed a success going beyond manufacturer’s expectations (15 000 sales after six months on the market).


- The objective of 500 000 sales in 2015 will be however difficult to reach. It is to be noted that it took three years to other carmakers ( in particular Volkswagen, GM, Hyundai, Nissan, Toyota or Honda) to reach such a volume.


- Fiat comes last in a highly competitive and very crowded market.


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The Fiat-Chrysler group will produce 4.25 million vehicles in 2012

- The Fiat-Chrysler group is now composed of two entities to be merged in the near future:

the Fiat Group (Fiat, Alfa Romeo, Lancia)

and the Chrysler Group (Chrysler, Dodge, Jeep).


- In 2012, Fiat-Chrysler worldwide production will exceed 4 million units.


- Since the 2009 crisis, Chrysler division caught up Fiat division and in 2012, Chrysler will produce as many vehicles as Fiat.


- Fiat is however decreasing since 2007, which has probably convinced the board to relocate Fiat on the Chinese market.

 

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Renault has acquired the entire capital of Avtoframos


- Renault announced that it has purchased the last 6% of Avtoframos’ (previously Moskvitch) capital which remained out of its control, and planned to increase the production to 190 000 units per year. In 2004, Renault bought 26% of Avtoframos, and in 2006, has increased its share to 94%.


- Renault-Nissan group owns also 25% of Avtovaz’s capital and plans to increase its share in the Russian carmaker (40% in a close future and the majority in a long term view). It is to be noted that the Togliatti plant, main factory of Avtovaz group, produces around 600 000 vehicles. All vehicles currently produced have been designed by Avtovaz itself. In the future, new models should be built from Renault-Nissan platforms.

 

- Renault confirmed it expects a long-term development of the Russian market, and highlighted that it had invested 480 million euros in its Moscow plant which currently produces six models: Logan, Sandero, Duster, Fluence, Koleos and Latitude.

 

- The Moscow plant produced 142 304 units in 2011 (compared to 86 573 in 2010). For the first ten months of 2012, the production has already exceeded 130 000 units, and could reach 160 000 units for the entire year.



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The Renault-Nissan Alliance will produce 8 million vehicles in 2012


- Today the Renault-Nissan Alliance is composed of three groups:

-Renault Group (Renault, Dacia, Samsung),

-Nissan Group (Nissan, Datsun, Infiniti Group)

-and Avtovaz (Lada).


- In 2012 and for the first time in its history, the Renault-Nissan Alliance will produce more than 8 million vehicles in the world.


- Since 2009, Nissan had a better growth than Renault, which has probably convinced the board to set up Renault on the Chinese market in a long term view.


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The Spanish market calls for an extension of the “Pive Plan”


- The “Pive Plan”(scrapping plan) in Spain was introduced in October. It already totalises 40 000 records, more than half of the 75 millions of euros planned by the government.


- Associations of the industry sector estimates that the funds could be at zero from January and call for the extension of the plan.


- "If the Plan is not extended in 2013, the situation will be disastrous and unsustainable, with a market that will be under 700 000 units," state Faconauto (Dealers Association) and Ganvam (association of maintenance and repair).


- The previous Plan (Prever) boosted Spain sales from 15% to 30% between 1997 and 2007, and at the same time threw away hundreds of thousands of vehicles older than ten years.

 


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