Ford announces the launch of 8 new models in the Indian market by 2015
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- 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.
Read more... Ford announces the launch of 8 new models in the Indian market by 2015
Dispute on “supercredits” for low-emission vehicles
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Read more... Dispute on “supercredits” for low-emission vehicles
Japanese carmakers will increase their facilities in North America
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- Japanese carmakers are increasing their industrial presence in North America in order to offset the strong yen and catch-up production lost after the earthquake of 2011 in Japan.
- Over the next three years, three new plants will be built in Mexico (Mazda, Nissan, Honda), while two other sites in the United States will be expanded (Subaru, Mitsubishi).
- This wave of expansion, the largest since 2000-2003, focuses on increasing the capacities of plants building small cars or luxury cars. In the past 2000-2003 wave, carmakers had focused their expansion on manufacture of SUV and pick-up.
- Furthermore, additional capacities are now set up primarily in Mexico, while the United States and Canada were privileged before 2003.
Read more... Japanese carmakers will increase their facilities in North America
SAIC will sell 4 million vehicles in 2012
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-Shanghai GM joint venture between SAIC (the first Chinese manufacturer) and GM (the first American manufacturer), sold 1.14 million units in the first ten months of 2012 and is expected to reach its target for the whole of 2012, aimed to 1.38 million units.
Shanghai-GM-Wuling(JV between SAIC and Wuling GM) sold 1.01 million vehicles over the first ten months of 2012.
-On its side, Shanghai VW joint venture between SAIC and VW (first European carmaker), has sold 1 million vehicles over the first ten months of 2012.
-The own brands, SAIC Roewe and MG, sourced from the British takeover of MG Rover in 2005, totaled 153,484 sales in the same period.
-For the full year 2012, the group SAIC will therefore sell 4 million vehicles i.e. more than a manufacturer such as PSA.
Qoros will introduce its first model in March 2013
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- Qoros joint venture between Chery and financial holding company Israel Corp. will introduce its first model produced in China as a world premiere at the Geneva Motor Show in March 2013.
- Sales are scheduled to start during the second half of the year, probably in October. The new car, a four door sedan whose name has not yet been chosen, will be sold at the same time in Europe and China.
- All products Qoros were designed strictly according to the international standards of safety, quality and environmental protection, and strive to obtain the maximum score of five stars for Euro NCAP safety tests in 2013.
- The new brand is expected to produce 150,000 vehicles per year at the beginning. Its full potential is estimated at 450 000units per year.
Read more... Qoros will introduce its first model in March 2013