The Honda Group sold 4.4 million vehicles in 2021
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The Honda Group sold 4.4 million vehicles in 2021
- The Honda group (Honda, Acura) sold 4.4 million light vehicles (PC+LUV) in 2021, up 1.4% compared to 2020 but down 14.5% compared to 2019. The Japanese manufacturer is still far from its 2018 record. Despite the absence of a real revival in 2021, Honda manages to break away sharply from the Ford group which removed sedans from its manufacturing program in North America, which has boosted Japanese sales in this segment (including Honda).
- Honda also still seems reluctant to electric motorization and this delay could be paid for in sales volume over the next few years. The Honda group will become the seventh largest manufacturer in the world in 2021, following the merger of PSA and FCA which has created the new fourth largest manufacturer (Stellantis).
- Among the Honda group's global sales, the Premium Acura brand (sold mainly in North America) recorded 180,545 sales in 2021. Acura remains very far from Lexus (760,000 sales) subsidiary of Toyota, but ahead of Infiniti subsidiary of Nissan.
- The Honda Group's global sales in 2021 break down as follows:
§ China remains its largest market, with 1.54 million sales, or 35% of its global sales.
§ The United States remains its second market, with 1.47 million sales, or 33% of its global sales.
§ Japan remains its third largest market, with 580,000 sales, or 13% of its global sales.
These three markets represent 81% of the Honda Group's global sales in 2021.
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The Ford group sold 3.7 million vehicles in 2021
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The Ford group sold 3.7 million vehicles in 2021
- The Ford group (Ford, Lincoln) sold 3.7 million light vehicles (PC+LUV) in 2021, down 11.7% compared to 2020, after a drop of 17.8% recorded in 2020 compared to 2019. The drop is severe in 2021 compared to the overall market level. The second American manufacturer, formerly the second largest manufacturer in the world, falls to eighth place in the world in 2021, behind GM and Honda.
- One of the main reasons for the Ford Group's sales decline over the past two years is the elimination of sedans from its North American manufacturing program. A policy that promotes the development of Japanese and Korean manufacturers in this niche. Ford nevertheless continues to manufacture sedans in Europe and China, but until when?
- Ford Group sales break down into 3,532,564 Ford brand vehicles and 187,587 Lincoln brand vehicles. Fortunately, the Lincoln brand found its customers in China, because the fall of Ford would have been even more brutal.
- The Ford Group's global sales in 2021 break down as follows:
§ The USA remains its largest market, with 1.89 million sales, or 51% of its global sales.
§ Europe remains its second market, with 750,000 sales, or 20% of its global sales.
§ China remains its third largest market, with 360,000 sales, or 10% of its global sales.
These three markets represent 81% of the Ford Group's global sales in 2021.
These three markets represent 81% of the Ford Group's global sales in 2021.
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Geely Group sold 2.15 million vehicles in 2021
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Geely Group sold 2.15 million vehicles in 2021
- The Chinese group Geely sold 2,148,405 light vehicles (PC+LUV) in 2021, up 2% compared to 2020, which allows it to take twelfth place in the world last year. Sales break down as follows: 831,551 from the Geely brand, 698,693 from the Volvo brand (33% of group sales), 259,703 from the Emgrand brand, 220,516 from the Lynk&Co brand, 107,530 from the Proton brand, 29 101 from the Geometry brand and 1311 from the Lotus brand. Polestars are counted in Volvo's numbers.
- The Geely group remains the leading independent Chinese manufacturer in 2021, but it is now closely followed by the Changan group, which sold 1.5 million vehicles in 2021.
- The year 2022 will be marked by the launch of the first Smarts produced at Geely in China, by a Mercedes-Geely joint venture. The year 2024 will be marked by the production of Geely vehicles (not yet known) on the Korean site of Renault (ex-Renault Samsung).
- Remember that Geely owns 49.9% of Proton, 51% of Lotus and 50% of Smart, plus a minority stake in Volvo Trucks. Geely also owns London Taxis International, which manufactures the TX4 taxi. The Chinese manufacturer is therefore showing a certain dynamism which allows it to see the future with optimism.
- The Chinese manufacturer is today well internationalized, since apart from China which represents 70% of its sales and 70% of its production, Geely has factories in Europe (Volvo and Lotus), in Malaysia (Proton) and in United States (Volvo).
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Suzuki Group sold 2.6 million vehicles in 2021
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Suzuki Group sold 2.6 million vehicles in 2021
- The Suzuki group (Suzuki, Maruti) sold 2.6 million light vehicles (PC+LUV) in 2021, up 8.9% compared to 2020 and down 11.9% compared to 2019. Suzuki is partly dependent on its results in the Indian market, which represents more than half of its worldwide sales. Suzuki's sales therefore picked up again last year as the Indian market grew by 28% in 2021 compared to 2020 and almost returned to the level of 2019.
- Its market share, which had shrunk in many countries, due to an overly restricted range, too oriented towards the lower segments (A and B) and devoid of real alternative engines (PHEV and BEV) has once again increased with the arrival of the Suzuki Across and Swace (rebadged Toyota hybrids). Thanks to the merger of PSA and FCA in 2021, Suzuki has gained a place in the world ranking (ninth instead of tenth), but the German Premium manufacturers (BMW and Mercedes) which seem to have greater development potential could exceed it in quantities.
- Suzuki's 2021 global sales break down as follows:
§ India is by far its largest market, with 1.397 million vehicles, or 54% of its global sales.
§ Japan is its second market, with 608,000 vehicles, or 24% of its global sales.
§ Europe is its third largest market, with 166,000 vehicles, or 7% of its global sales.
These three markets account for 85% of Suzuki's global sales in 2021.
These three markets account for 85% of Suzuki's global sales in 2021.
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2021 global sales of light vehicles by automotive groups
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2021 global sales of light vehicles by automotive groups
- The global light vehicle (PC+LUV) automotive market grew by 3.5% in 2021, and therefore did not catch up at all with 2019. The year 2020 had indeed seen the global market fall by 16 %.
- In this context, the Toyota group retains the world's first place in terms of volume ahead of the Volkswagen group.
- The Japanese manufacturer sold 10.34 million light vehicles (PC+LUV) last year while the German manufacturer could not exceed 8.6 million units. The Renault-Nissan-Mitsubishi group retains its third place (7.7 million units) ahead of the Hyundai-Kia group (6.7 million units) and the Stellantis group (6.2 million units) which is resulting from the merger of PSA and FCA.
- The GM group (6.0 million units) lost its fourth place in 2021 and fell to sixth place, behind Hyundai-Kia and Stellantis. The Honda group (4.4 million units), in seventh position, is breaking away from the Ford group (3.7 million units) which has eliminated its range of sedans in North America, which has benefited Japanese manufacturers and Koreans.
- In ninth position, Suzuki (2.6 million units) is ahead of premium manufacturers BMW (2.5 million units) and Mercedes (2.4 million units). Finally, in twelfth place, the Geely group (2.15 million units) remains the largest independent Chinese manufacturer, ahead of Changan (1.51 million units), Great Wall (1.28 million units) , Mazda (1.12 million units), SAIC (1.10 million units), Dongfeng (1.04 million units), Tata Motors (1.04 million units) and Tesla (0, 94 million units).
- Note that among the top 16 manufacturers, only two (Toyota and Volkswagen) sell trucks.
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