Suzuki increases production capacity in India
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Suzuki increases production capacity in India
- Suzuki has completed the construction of its new plant in India, located in Gujarat, with a capacity of 250,000 vehicles per year. This new site will bring Suzuki's total capacity in Gujarat to 750,000 units per year. The carmaker has two other plants in this state, with a capacity of 250,000 units per year each. In total, with this third plant in Gujarat, Suzuki's production capacity in India will increase from 2 million to 2.25 million units per year, which he believes will meet the demand of the domestic market, but also of the foreign markets.
- Indeed, despite the Indian market decline recorded in 2019 and 2020, the Japanese carmaker believes in its strong potential and in a rapid recovery of sales in the country. The peak of the Indian market was reached in 2018, with a volume of 4.4 million registrations (PCs + LUVs) and Suzuki expects this level to be reached again in the next two years. Given that Suzuki's market share in India is around 50%, the carmaker calculated that to represent 50% of a market equal to 4.4 million units, it needed a production capacity 2.2 million vehicles per year.
- According to Inovev, Suzuki's bet is quite risky as there is no indication that the Indian market will reach a new high in 2022 or 2023. There is also nothing to say that Suzuki will achieve a 50% market share in this country. In 2018, in a market of 4.4 million vehicles, Suzuki produced only 1.875 million. Finally, Suzuki is no longer in tune with global demand (SUVs, hybrid and electric cars) explaining the difficulties of the parent company. Its exports are therefore likely to suffer.
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Peugeot 208 became the best-selling car in Europe in the first quarter of 2021
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Peugeot 208 became the best-selling car in Europe in the first quarter of 2021
- The Volkswagen Golf remained for several decades the best-selling car in Europe and the most produced in Europe. Over the past fifteen years, it has only given up its position as European market leader once, in 2006, in favor of the Renault Clio, a new generation of which had just appeared in autumn 2005.
- Over the past two years, the Golf had significantly reduced its lead over its followers, in particular the Renault Clio, in part due to the increase in sales of the Volkswagen Tiguan and T-Roc, SUVs derived from the Golf, but also more recently due to of the increase in sales of the other C-segment model of the Volkswagen brand, the ID3. But while the ID3 recorded 56,500 sales in 2020 (compared to 0 in 2019), the Golf lost 105,000 sales in 2020 compared to 2019.
- In the first three months of 2021, the Volkswagen Golf loses its leadership position. It is no longer the best-selling car in Europe (55,000 sales). It was overtaken not by the Renault Clio (52,000 sales) but by the Peugeot 208 (64,000 sales) which thus took the lead for the first time in its history. The volume of electric versions represents 15% of Peugeot 208 sales.
- What is quite spectacular is that the Peugeot 208 sales are not cannibalized by the Peugeot 2008 (SUV derived from the 208). The Peugeot 2008 (52,000 sales) is in fact in fifth position in the first quarter of 2021, in sharply increase compared to 2020. It remains to be seen whether this will continue throughout 2021 or whether the VW Golf will take over shares from the 208.
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Read more... Peugeot 208 became the best-selling car in Europe in the first quarter of 2021
Toyota get nearly 5% of Isuzu capital
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Toyota get nearly 5% of Isuzu capital
- The Toyota group, the world's largest carmaker in 2020, is getting its hands on all the Japanese carmakers that were independent ten years ago. After the takeover of Daihatsu and Hino in the late 1960s (but Daihatsu became a wholly-owned subsidiary of Toyota only since 2016), the Toyota group was taken by surprise when Mitsubishi was acquired by Nissan in 2016.
- It was therefore pushing by taking a 5% of Mazda in 2017, then in August 2019 a 5% stake of Suzuki, then increased its participation in Subaru to 20% in September 2019. Finally in March 2021, Toyota has taken an almost 5% stake in Isuzu. The first Japanese carmaker has therefore united most of the Japanese automobile industry around it. Even if it is not a total control of the other Japanese carmakers, the Toyota group is involved in nearly 70% of the Japanese car market and its competitors are down to two, Honda and Nissan-Mitsubishi, two major carmakers that it will one day have little chance to control.
- Isuzu produces and markets utility vehicles, primarily trucks and pick-ups. Its range is therefore quite in competition with Toyota (pick-up) and Hino (trucks), just as Suzuki is also a competitor of Daihatu, and Mazda and Subaru are also competitors of Toyota. Ultimately, this strategy could allow synergies in the sharing of components or even platforms. Toyota's move also helps lock down the Japanese auto industry and prevent any possibility of a takeover of a Japanese carmaker by another Japanese or foreign one.
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Inovev forecasts 30,000 sales in 2022 of the Audi Q4 E-Tron SUV
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Inovev forecasts 30,000 sales in 2022 of the Audi Q4 E-Tron SUV
- Audi has unveiled its battery electric C-segment SUV which shares the MEB platform with the Volkswagen ID 3 and ID 4. This 4.59 m long SUV is placed in terms of dimensions between the Q3 (4.49 m) and the Q5 (4.69m), that's why it's named Q4 E-Tron. This model will be available in classic and Sportback versions, as for the Q5 and E-Tron.
- The E-Tron model is not at all in competition with the Q4 E-Tron because it is 4.90 m long and is much more expensive: 72,000 to 97,000 euros, while the Q4 E-Tron will be proposed in a price range between 42,000 and 53,000 euros for the standard version and between 44,000 and 55,000 euros for the Sportback version. It is to remind that a Volkswagen ID 3 is priced from 34,000 to 49,000 euros and an ID 4 from 39,000 to 54,000 euros.
- The Audi Q4 E-Tron has a maximum range of 520 km according to the WLTP cycle, thanks to a battery of 52 kWh or 77 kWh. The model will be available in full Quattro version as an option (power equivalent to 300 hp, against 170 hp and 204 hp in rear-wheel drive version).
- The Audi Q4 E-Tron is expected to be produced at the Zwickau (Germany) plant alongside the technically very similar Volkswagen ID 3 and ID 4. Given the continued sales growth of electric cars in the European market, the Audi Q4 E-Tron is expected to be produced in 10,000 units in 2021, 30,000 units in 2022 and 40,000 units in 2023. It is expected to reach 50,000 copies per year in the following years, requiring an increase of the production capacity of the Zwickau plant, which is currently set at 200,000 vehicles per year, the ID3 and ID4 representing 170,000 to 200,000 units per year both.
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Read more... Inovev forecasts 30,000 sales in 2022 of the Audi Q4 E-Tron SUV
The Martorell plant may produce VW ID 1 and ID 2 and their rebranded versions
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The Martorell plant may produce VW ID 1 and ID 2 and their rebranded versions
- The Spanish plant of Martorell, which today produces Seat and Audi, will certainly produce the future small battery electric vehicles of the Volkswagen group, namely the ID 1 and ID 2 as well as their Seat and Skoda branded versions. These models of 4.00 m and 4.20 m long will be based on a new platform and will be launched from 2025. They participate to sales increase objective of the Volkswagen group, estimated according to Inovev at a volume of 2 to 3 million units in 2030.
- The Martorell plant is set to eventually produce 500,000 small BEVs per year from 2030. Today, this plant has a production capacity of 500,000 internal combustion cars per year. The Volkswagen group is therefore counting on the gradual decrease of the 500,000 thermal cars produced each year in Martorell and to offset it gradually with 500,000 electric cars by 2030. These models will be marketed at a price ranging between 20,000 and 30,000 euros. This strategy will allow Spain to become one of the major electric car production country in Europe.
- In parallel to this strategy, the Volkswagen group has decided to invest directly in the creation and development (with the support of the Spanish authorities) of a network of public charging infrastructures. A figure of 350,000 urban and peri-urban public charging points by 2030 has been communicated.The Volkswagen group has indicated that it is awaiting support from the Spanish government and a clear commitment from the European Commission on this subject. The current Seat Mii, Skoda Citigo and Volkswagen Up electric will be discontinued this year, and will therefore not be replaced until 2025.
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Read more... The Martorell plant may produce VW ID 1 and ID 2 and their rebranded versions
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