The European automobile production is decreasing by nearly 25% compared to 2019

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The European automobile production is decreasing by nearly 25% compared to 2019

- The European automobile production (including Russia, Turkey and Ukraine) reached a volume of 12,394,016 units (passenger cars – PC and light utility vehicles - LUV) in the first 9 months of 2021. This result represents an increase of 7.3% compared to the first 9 months of 2020, but a decrease of 24.7% compared to the first 9 months of 2019. The production results were very bad in the third quarter of 2021, especially compared to the third quarter of 2020 and even more compared to the third quarter of 2019.


- According to carmakers, this poor performance can be explained by an insufficient supply of semiconductors, which despite everything remains a cyclical event. There is also a structural cause, namely an overall slowdown in demand for new vehicles.


- By country, Germany remains the largest producing country in Europe (2,514,014 PC + LUV) but the gap is narrowing with Spain (1,792,256 PC + LUV), France (1,066,048 PC + LUV) and the Czech Republic (868 351 PC + LUV). Note that Russia produced 1,023,289 PC + LUV, ie a little less than France, and Turkey 773,851 PC + LUV, or a little more than Great Britain (707,697 PC + LUV).


    
 

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The American automobile production is decreasing by 22% compared to 2019

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The American automobile production is decreasing by 22% compared to 2019
- The American automobile production (North and South America) reached a volume of 11,842,762 units (PC + LUV) over the first 9 months of 2021. This figure represents an increase of 7.1% compared to the first 9 month of 2020, but a decrease of 22% compared to the first 9 months of 2019. As for Europe, the production figures were very bad for the third quarter of 2021, down sharply compared to the third quarter of 2020 and more compared to the third quarter of 2019. Here again, carmakers speak of semiconductors shortage to explain this poor performance, but it is also more likely that the demand for new vehicles is no longer as dynamic as before the Covid crisis.

- Of this total, the NAFTA region (USA-Mexico-Canada) produced 10,040,623 units (or nearly 85% of the region production), including 6,921,748 for the USA, 2,301,397 for Mexico and 817,478 for Canada. This NAFTA region grew 4.5% in the first 9 months of 2021 compared to the first 9 months of 2020, but remains down 21.2% compared to the first 9 months of 2019.

- Interestingly, the NAFTA region produced as many vehicles as the European Union in the first 9 months of 2021 (10,040,623 units for the NAFTA region and 10,084,262 for the EU).

- South America, which represents only 1,802,139 units out of the total of the two Americas, or 15% of this total, has progressed much more than the NAFTA region since Brazil has increased by 15% on the first 9 of 2021 and Argentina by 78% but these two countries had fallen more in 2020, due to greater difficulties linked to the coronavirus crisis.



    
 

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The global automobile production is decreasing by 14% compared to 2019

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The global automobile production is decreasing by 14% compared to 2019
- Global automotive production reached a volume of 57,651,859 units (PC + LUV) in the first 9 months of 2021, compared to 52,612,574 in the first 9 months of 2020. This figure represents an increase of 9.6% compared to in the first 9 months of 2020, but a decrease of 14.4% compared to the first 9 months of 2019.

- Of this total, China produced 18,235,030 units (32% of the world production against 31% in the first 6 months of 2021), ahead of the European Union with 10,084,262 units (17.5% of the global production against 18.5% over the first 6 months of 2021) and the NAFTA region with 10,040,623 units (17% of the global production, equal to over the first 6 months of 2021). These three regions alone account for two-thirds of global automobile production.

- If we compare passenger cars (PCs) to Light utility vehicles (LUVs), the world produced 46,575,376 PCs in the first 9 months of 2021 and 11,076,483 LUVs (accounting for 19% of the total).

- By country, China is therefore the leading producer country ahead of the United States (6,921,748 vehicles), Japan (5,834,361 units), India (3,289,623 units), South Korea (2,575,868 units), Germany (2,514,014 units) which for the first time was overtaken by India and South Korea, Mexico (2,301,397 units), Spain (1,792,256 units), Brazil (1,485,513 units), Thailand (1,211,635 units), France (1,066,048 units) and Russia (1,023,289 units). At the current rate, global automobile production could show relative stagnation over the whole of 2021 compared to 2020.



    
 

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The Asian automobile production is decreasing by 6,5% compared to 2019

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The Asian automobile production is decreasing by 6,5% compared to 2019
- Asian automotive production reached a volume of 33,415,081 units (PC + LUV) in the first 9 months of 2021. This figure represents an increase of 11.4% compared to the first 9 months of 2020, but a decrease of 6,5% compared to the first 9 months of 2019. Asia will see its automobile production increase more sharply in 2021 than Europe or North America and consequently the decrease recorded in 2021 compared to 2019 is lower than those recorded in Europe and North America. The question is whether Asia suffered less from the semiconductor shortage and / or suffered less from a drop in demand for new vehicles, this region being less motorized than Europe and North America.

- Of this total, China produced 18,235,030 units, or 55% of the Asian production (compared to 54% in the first six months of 2021). It increased by 7.5% in the first half of 2021 compared to the first 9 months of 2020, and by 0.6% compared to the first 9 months of 2019. It is one of the rare countries to see its production increasing in 2021 compared to 2019.

- The share of Chinese production therefore increased further over the period, to 32% of the world production, against 31% over the first 6 months of 2021. We are inevitably approaching 33% of world production, that is to say one in three vehicles produced in the world, whereas twenty years ago Chinese automobile production represented only 4% of the world production.

- It should be noted, however, that September marks a slowdown in Asian automobile production, in particular for China (-17.7%), but perhaps this is only a temporary slowdown.



    
 

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Mercedes now sells more CLA models than C-Class in Europe

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Mercedes now sells more CLA models than C-Class in Europe
- Since 2013, Mercedes has two sedans models that are very close to each other, one based on the A-Class platform called CLA (therefore theoretically marketed on the C-segment) and the other based on the mid-range MRA platform, named the C-Class (therefore theoretically marketed on D-segment). In terms of dimensions and general appearance, the two sedans CLA and C-Class are very similar as the CLA is 4.63 m long and 1.83 m wide while the Class C is 4.75 m long and 1.82 m wide.

- In terms of powertrains, the CLA is equipped with 1.3 and 2.0 petrol and 2.0 diesel engines, as well as a plug-in hybrid (PHEV) engine based on the 1.3, while the C-Class adopts 1.5 and 2.0 petrol and 2.0 diesel engines. A plug-in hybrid (PHEV) version based on the 1.5 is scheduled for next summer. The engines are therefore also quite similar.

- As for the prices, they range from 37,000 to 47,000 euros for the CLA (excluding AMG versions) and from 50,000 to 60,000 euros (excluding AMG versions) for the C-Class which is positioned slightly above due to a D-segment platform and slightly more spacious.

- In this context, the CLA sedan has succeeded for a year in chasing sales of the C-Class in Europe, then supplanting sales of the C-Class for several months (since august 2021), the C-Class being at the end of its life a year ago. But now, as the new C-Class kicks off, the CLA manages to sell twice as much as the C-Class (4,000 sales compared to 2,000 in October 2021). The question is whether the CLA will be able to stay ahead of the Class C and for how long.



    
 

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