BYD will produce vehicles in Bulgaria

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BYD will produce vehicles in Bulgaria


- BYD will open a (very small) assembly plant in Breznik, Bulgaria. Chinese automaker founded a joint venture with the Bulgarian energy company Bulmineral for this operation.

 

- The site will produce electric cars and buses. The first vehicles will be produced in February 2013. When the plant will operate at full capacity, it will produce 40 to 60 vehicles per month, or 480 to 720 units per year.

 

- In addition, the site will eventually be expanded to accommodate the production of batteries and LEDs. The establishment of this joint venture in Bulgaria allow BYD to develop its sales and influence in Europe.



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Bentley aims to benefit from the Premium segment growth

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Bentley aims to benefit from the Premium segment growth


- Bentley aims to benefit from the Premium segment growth in the world and communicates on ambitious sales targets, as Maserati did recently.
 
- Wolfgang Schreiber, new executive director of Bentley, stated that the luxury brand of Volkswagen group planned to launch a very high-range leisure SUV in 2015, and consequently double its sales  before 2018 (versus its sales in 2011).
 
- Bentley has the ambition to sell 15 000 vehicles yearly  around 2018 ( versus  about 7 400 in 2011). In 2012,Bentley’s sales will reach 9 500 units.



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The British Aston Martin becomes Italian

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The British Aston Martin becomes Italian


-The Italian investment fund “Investindustrial” announced that it has acquired 37.5% stake in Aston Martin for 190 million euros . With this investment, which will pass through a reserved capital increase, the fund run by Andrea Bonomi becomes the  main shareholder of the British manufacturer.

- The Italian fund’s offer won against Mahindra’s one (Mahindra had also the objective to buy the brand).

-Through this agreement, Aston Martin will be able to invest 625 million euros in new models and a technology program during the next five years.

-British brand was in dire need of this cash to be in good position in competition with its major rivals, which all belong to large groups, such as Lamborghini and Bugatti (Volkswagen), Ferrari and Maserati (Fiat).

-In the first nine months of 2012, sales of Aston Martin declined nearly by 20% to 2,520 units. At this rate, 3,500 units can be expected to be sold on the whole year 2012. The manufacturer had sold 4,200 cars in the world in 2011 and 6800 in 2007.



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Poland suffers from the relocation of Panda to Italy

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Poland suffers from the relocation of Panda to Italy


- Fiat has announced the suppression of 1,500 jobs at the site of Polish Tichy plant (1,500 jobs is a third of the plant’s staff), because of the difficulties on the European market, where a large part of its production is sold.


- "The situation is very negative on the automotive market and obliges the company to launch today a layoff procedure” said the manufacturer. Production plant Tichy decreased from 600 000 units in 2009 to less than 350,000 units in 2012 and could fall below 300,000 units in 2013.


-This result is actually a consequence of the group’s decision to relocate in Italy the Panda’s production. Polish site is gradually decreasing the Panda’s production and transferring it to Pomiglianoin Italy (near Napoli). This plant will therefore be in position to  continue its activity

  while Fiat has conversely  just closed (in 2011) the Sicilian Termini plant .

 

- The manufacturer, however, will continue to produce at the Tichy plant the Fiat 500  the LanciaYpsilon and the Ford Ka, these three models sharing the same platform (one of the Panda).



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Crisis does nor exist for carmakers “Premium”

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Crisis does nor exist for carmakers “Premium”


-  In November, sales of “Premium” car manufacturers in Germany have increased: the BMW brand sold 145,500 vehicles (+26.4% compared to November 2011), the Audi brand has passed 123,600 (+10.9 % compared to November 2011) and Mercedes 120,400 (+ 5.7% compared to November 2011).


- In the first 11 months of 2012, BMW (excluding Mini) sold 1.38 million vehicles (+10.9%), Audi 1.34 million (12.7%) and Mercedes (excluding Smart) 1 19 million (+5.1%).


- The three manufacturers sell so nearly 4.3 million vehicles throughout the year 2012, i.e. 5% of global sales all manufacturers.


- These three manufacturers account for 51% of sales of premium manufacturers in the world in 2012.



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  1. Imports to Japan could reach 5% market share
  2. Opel confirms the stop of production at Bochum plant in 2016
  3. Imports to Korea now exceed 11% of the market
  4. 4 manufacturers make 75% of the Brazilian market
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