With its withdrawal from Europe, Infiniti will sell less than 200,000 cars in 2020
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With its withdrawal from Europe, Infiniti will sell less than 200,000 cars in 2020
- Infiniti, Nissan's Premium brand, will exit the European market in 2020. Its late entry into this market in the early 2010's, its lack of notoriety and originality compared to long-established competitors, and the flagrant failure of the Q30/QX30 to double the manufacturer's sales, all contributed to prevent Infiniti from establishing itself on the European market. Nissan's Premium Division has never been able to exceed 13,000 annual sales, while Lexus has exceeded 40,000 annual units since 2016, not to mention Mercedes, BMW, Audi which exceeds 700,000 annual units or Volvo which exceeds 250,000 annual units. Even Tesla managed to outperform Infiniti in terms of sales in 2017.
- In the American market, Infiniti is far behind Mercedes, BMW, Audi, Lexus, Cadillac or Tesla. Nissan's luxury brand is at the same level as Acura, Honda's Premium brand (not present in Europe). It is only ahead of Volvo.
- In the Chinese market, Infiniti is well behind Mercedes, BMW, Audi, Lexus, Cadillac or Volvo. It is only ahead of Acura and Tesla.
- In the global market, Infiniti sold 218,000 vehicles in 2018, down slightly from its peak in 2017 and 2016. Nissan's Premium brand is ahead of Acura and Lincoln, simply because these two brands are not distributed everywhere. With the withdrawal from Europe in January 2020, Infiniti is expected to continue to decline and sell less than 200,000 vehicles worldwide next year. Its future will depend in particular on the adaptation of its models to electric motorization.
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The European market 2018 by body-type and segment
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The European market 2018 by body-type and segment
- Inovev has previously studied the evolution of the European passenger car market by segment and by body-type since 2000. Today, Inovev analyses the evolution of vehicle categories by crossing segments and body-type.
- Thus, in B segment, sedans still make up the major part of sales (3.15 million units), but SUVs are growing strongly (1.75 million units) and could sell as much as sedans in the early 2020s.
- In the C segment, SUVs are now selling as well as sedans (2.5 million units). As for minivans, they continue to lose ground (500,000 units compared to 1.5 million in 2007).
- In D segment, SUVs are at 750,000 units while sedans are still above one million units, but their steady decline (1.5 million units in 2012, 2.5 million units in 2000) suggests a future balance between sedan and SUV sales in the early 2020s.
- In E segment, SUVs have some difficulties to progress. They are capped at 250,000 units, slightly ahead of minivans (125,000 units), while sedans are once again approaching 500,000 units, after having lost a lot of ground until 2015 (600,000 units in 2006, 900,000 units in 2000).
- In the F segment, SUVs are now on a par with sedans (50,000 units).
- It should be noted that in the A segment, sedans account for almost all sales (1.25 million units).
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Global automotive production fell by 5.5% in the first quarter of 2019
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Global automotive production fell by 5.5% in the first quarter of 2019
- After falling by 1.3% in 2018, for the first time since 2009, global automotive production amplified this trend in the first quarter of 2019, as over this period it fell by 5.5%, including passenger cars and commercial vehicles, to 31.33 million vehicles, a loss of 1.8 million vehicles compared to the first quarter of 2018.
- It should be noted, however, that the production of commercial vehicles remains stable, with the decline in production being attributable solely to the passenger car category. This decline is caused by a drop in car registrations in most countries, particularly China, the world's largest market.
- China alone has a production loss of 950,000 vehicles in the first quarter of 2019 compared to the first quarter of 2018, more than half of the vehicles lost worldwide.
- Regulation of registrations in China, coupled with declining global economic growth and trade tensions between the United States and China, economic sanctions imposed on Iran and Russia, increasingly stringent regulations for motorists, particularly those driving diesel cars, all caused a sharp slowdown in passenger car sales in 2019. And the coming months do not herald any real signs of improvement. The whole of 2019 should therefore end with a further decline in production volume compared to 2018.
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Audi will stop the production of R8 coupés and spiders
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Audi will stop the production of R8 coupés and spiders
- We have seen earlier that the Audi brand will soon stop manufacturing TT/TTS coupes and spiders. These mid-range sports models, whose prices range from €40,000 to €80,000, have sold 680,000 units since their launch in 1998 (an average of 34,000 units per year). Today, sports coupe and spiders with combustion engines are less in demand, at a time when SUVs will soon account for one in two sales, and demand will also increasingly focus on electric vehicles.
- Another sports model of the Audi brand, much more expensive and much more elitist than the TT, the R8 coupé and spider, whose prices range from 175,000 to 230,000 euros, will also stop production at the same time as the TT/TTS in 2021. The R8 has sold 45,000 units since its launch in 2007 (34,000 for the first generation and 11,000 for the second generation), or an average of 4,000 units per year.
- This model, powered by an atmospheric Lamborghini origin V10 of more than 500 hp, is one of the vestiges of a bygone era. The next Audi model that could occupy the European sports car market in the 2020s will undoubtedly be an electric vehicle, like the BMW i8, which launched this segment five years ago.
- Today, the BMW i8, whose prices range from 140,000 to 160,000 euros, has sold 20,000 units since 2014, which is already an average of 4,000 units per year, just like the Audi R8.
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Inovev forecasts 250,000 new Renault Captur per year
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Inovev forecasts 250,000 new Renault Captur per year
- Renault unveiled the new generation of its B-segment SUV, the Captur. This model remains the SUV variant of the Renault Clio, as at Peugeot the 2008 remains the SUV variant of the 208. The previous generation of the Renault Captur was built in 2013 and more than 1.2 million units were produced, mainly in Spain, at the Valladolid site.
- The Captur initially replaced the Renault Modus, which was a B-segment MPV. Renault thus launched one of the first B-segment SUVs, which have since multiplied among all automakers.
- The new Renault Captur follows the general line of the old one but it is getting bigger: +11cm in length (4.23m) and + 2cm in width (1.80m). Like the new Clio, the new Capturis built on the CMF-B modular platform from the Renault-Nissan group. Like the Clio, it will not have a 100% electric motor (unlike the 2008 Peugeot).
- The new Renault Captur, which will continue to be produced at the Valladolid site in Spain, has the same engines as the Clio, namely the 1.0 l and 1.3 l petrol engines with 100 hp, 130 hp or 155 hp, as well as the 1.5 l diesel engines with 95 hp or 115 hp. But while the Clio has a non-rechargeable 1.6 petrol hybrid engine, the Captur has the same engine but in a rechargeable (Plug-In) version.
- The new Captur will be competing against the 2008 Peugeot, Citroën C3 Aircross, Opel Crossland, Opel Mokka, Ford Puma, Fiat 500X, VW T-Cross, VW T-Roc, Seat Arona, Skoda Kamiq, Jeep Renegade, Hyundai Kona, Kia Stonic, and Nissan Juke whose replacement is imminent. Inovev forecasts 250,000 units per year of the new Renault Captur.
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