SAIC-GM-Wuling will build a third plant in Chongqing

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SAIC-GM-Wuling will build a third plant in Chongqing
- SAIC-GM-Wuling announced it would build a third plant in Chongqing, in order to meet the growing demand for its vehicles, which are increasingly popular in China.
- The joint venture between SAIC and Wuling GM plans to start construction of this new plant at the beginning of 2013. The first phase of this project, representing an investment of 6.6 billion yuan (815 million euros), should be operational in 2015.
 
- The plant will have a production capacity of 400,000 vehicles per year. SAIC-GM-Wuling currently has plants in Liuzhou and Qingdao.
 
- The new plant in Chongqing will enable the joint venture to achieve its production target of 2 million vehicles per year by 2016 (against 1.3 million in 2012).


48-9

Volvo wants to sell 800,000 cars in 2020

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Volvo wants to sell 800,000 cars in 2020

- Volvo Cars plans to develop new models to expand its range still incomplete and sell 800,000 cars worldwide in 2020 (twice as currently).


- The manufacturer expects the green light from the Chinese executive management to develop various projects,  in particular a small urban vehicle (C10) and a luxury limousine (S90), as well as a compact recreational vehicle (XC40, which would come earlier).


- On the sole Chinese market, the brand expects a sales volume of 200,000 units in 2020, a quarter of its sales. Volvo opens its first plant in China in 2013 and already plans a second assembly plant in the country.


- In the Indian market, the brand is not currently present but wishes to settle there permanently, like the German premium brands Audi, BMW and Mercedes that are already installed.


48-4

Global registrations up 10 months

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Global registrations up 10 months

- Over the first ten months of 2012, global vehicle registrations (PC + LUV) grew by 5.5% in comparison with the first ten months of 2011:

-Passenger cars (PC) rose by 6.8%

-Light commercial vehicles (LUV) rose by 1.9%


- Geography of markets:

•PC: all markets rise except Europe, Turkey and Korea

•LUV: all markets rise except Europe, Turkey and Korea but also China and Brazil


- It is to be noted that in 2011, global vehicle registrations increased by 4.6% (in comparison with the twelve months of 2010), despite the terrible tsunami in Japan and severe flooding in Thailand.


48-6

PSA wants to sell 250,000 Peugeot 301 and Citroën C-Elysée in 2014

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PSA wants to sell 250,000 Peugeot 301 and Citroën C-Elysée in 2014
- More "low cost" than the traditional  Peugeot and Citroën,  but less “low cost” than the Dacia Logan and Sandero, in particular in terms of price and equipment, Peugeot 301 and Citroën C-Elysée (quasi-identical cars customized by Peugeot and Citroën according to their image) will try to find new customers who do not buy cars from these two brands so far.

- More specifically  targeted for emerging markets such as China, Brazil, North Africa and Russia, these two models could also be sold in Europe if demand is sufficient.
•Peugeot aims for sales  of 150 000 units for the 301 in 2014:
 75,000 in China, 20,000 in Brazil, 20,000 in North Africa, 10,000 in Russia and 25,000 in the rest of the world.
•Citroën aims for sales of  100,000 units for the C-Elysée in 2014:
50,000 in China and 50,000 in the rest of the world.
- It is to be noted that Renault will sell a million units of its entry-level range in 2013.


48-5

Ford announces the launch of 8 new models in the Indian market by 2015

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Ford announces the launch of 8 new models in the Indian market by 2015

- Since 2010, Ford sales in India fluctuate between 6,000 and 7,000 units per month, on average. The Ford Figo (an old generation of

Ford Fiesta in Europe launched in 2002),  accounts for most of the sales.

The Figo’s sales represents nearly 82% of the Indian local production plant in Chennai.


- In a growing market, the objective of Ford is to support the Indian market demand by expanding its product range but also by getting the manufacturer out of its ultra dependency on Figo.

- This is the reason why Ford announced a plan to launch eight new models by 2015.

 
- This plan targets the compact car segment and will begin in 2013 with the commercialisation of the EcoSport, a B-segment SUV.


48-1

  1. Dispute on “supercredits” for low-emission vehicles
  2. SAIC will sell 4 million vehicles in 2012
  3. Japanese carmakers will increase their facilities in North America
  4. Qoros will introduce its first model in March 2013
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