Moroccan automotive production is gradually approaching 400,000 units
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Moroccan automotive production is gradually approaching 400,000 units
- The volume of Moroccan automotive production (VP + VU) is based on only Renault, since it is currently the only manufacturer producing in the country, pending the start of PSA group production next year.
- While the volume of automobile production was close to zero in 2005, it has increased sharply since the start of production at the Renault Tangier plant in 2012 calibrated to manufacture 340,000 vehicles per year. Prior to this date, the country's automobile production was carried out only at the Renault site in Casablanca,( which still exists.)
- In 2017, the volume produced in Tangiers reached 300,000 units, approaching its maximum capacity. As for the Casablanca factory, it produced 76,000 units, the total of the two sites thus reaching 376,000 units.
- This volume is already higher than that of Belgian production and close to that of Swedish production. It is well above that of Portuguese and Dutch production combined. In 2017, Renault's two Moroccan sites exported more than 300,000 cars from Morocco (including 200,000 to Europe).
- However, it should not increase much in the next few years. Indeed, the growth of Moroccan automobile production will be mainly due to the start up and ramp-up of the PSA site in Tangier, which should be completed in 2019 (capacity set at 100,000 vehicles per year).
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続きを読む... Moroccan automotive production is gradually approaching 400,000 units
Auto production in South Korea: no growth since 2010
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Auto production in South Korea: no growth since 2010
- The volume of car production in South Korea (PC+LCV) has stagnated since 2010. It even fell in 2016 and 2017, registering a figure close to 4 million units, against 4.5 million in previous years.
- This stagnation followed by a decline is mainly due to the establishment of Hyundai-Kia Group factories on all continents, as the Japanese manufacturers had done in the 1980s. It is also due to the sharp decline in influence of GM Korea (whose production was halved between 2007 and 2017, from 1,000,000 to 500,000 annual units), due to the discontinuation of the Chevrolet brand in the European market, Ukraine and Russia, since almost all Chevrolet sold in these countries came from Korea.
- In 2017, the Hyundai-Kia group still retains its predominance in the Korean market (67.5% of registrations compared to 72.5% in 2007) and in terms of production (78% of Korean production compared to 69% in 2007).
- The decline in sales in the Korean market and the increase in its predominance in terms of production is explained by the strong growth of imports in this market (which has reduced the market share of Hyundai-Kia) and by the reduction of half of GM Korea's production. As for Renault-Nissan (Samsung) and Mahindra (Ssangyong), their low volumes can not threaten the future position of the Hyundai-Kia group.
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続きを読む... Auto production in South Korea: no growth since 2010
Inovev expects 50,000 annual sales of the new Audi Q8
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Inovev expects 50,000 annual sales of the new Audi Q8
- Audi (a subsidiary of the Volkswagen group) unveiled its new high-end SUV, the Q8, which crowns the SUV range of the manufacturer currently composed of Q2, Q3, Q5, Q7.
- The Q8 is sort of the coupe version of the Q7. It is therefore competing with the BMW X6 and Mercedes GLE coupe. It is 6cm shorter than the Q7 (4.99m against 5.05m), 3cm wider (2.00m against 1.97m) and 3cm lower (1.71m against 1.74m).
- The Q8 is a few months ahead of the future coupé versions of Q3 and Q5, logically called Q4 and Q6. The Q8 marks the continuation of a broad offensive of the manufacturer in the field of SUVs.
- Indeed, by 2022, Audi wants to offer eight variants of SUV on the Chinese market. Five of these eight future models will be produced locally and three will be imported from Europe (these will be the most upscale models: Q6, Q7, Q8). The Audi Q8 will be manufactured in Bratislava (Slovakia) alongside the Audi Q7 and Volkswagen Touareg.
- The Q8, powered by a 340hp V6 3.0 petrol and a V6 diesel 3.0 V6 231hp and 286hp, will be launched simultaneously in China, Europe and North America, in the second half of 2018. It will be followed next year: a plug-in hybrid version (already available on the Q7) and a sporty SQ8 version with a diesel V8. 435hp. Inovev expects 50,000 annual sales, more than the BMW X6, which sells between 35,000 and 45,000 units a year.
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続きを読む... Inovev expects 50,000 annual sales of the new Audi Q8
Auto production in India close to 5 million units in 2017
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Auto production in India close to 5 million units in 2017
- The volume of car production in India (PC+LCV) was almost 5 million vehicles in 2017, at 4.85 million units, which is a volume three times higher than in 2005.
- This steady growth is due not only to the growth of the Indian car market (which went from 1.75 million in 2005 to 4 million units in 2017), but also to the growth of exports (to Europe and Southeast Asia mainly) during this period. Nearly one million vehicles manufactured overall in India were exported in 2017, including 150,000 to Europe.
- By manufacturer, we observe that Suzuki-Maruti has experienced very strong growth since 2005 and consolidates its first place in the Indian market, in terms of sales and production. Suzuki-Maruti accounts for more than 43% of registrations and more than 35% of Indian production. The Tata group, once the second-largest Indian producer behind Suzuki-Maruti, has been experiencing significant difficulties since 2012, with successive new models often being resounding commercial failures, the most symbolic being the Tata Nano. Fortunately Tata survives thanks to its British luxury and utilities subsidiaries. Tata's second position has been taken over by Korea's Hyundai-Kia, which over the years has launched a range of economical models that perfectly match local demand.
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続きを読む... Auto production in India close to 5 million units in 2017
Italy's car production returns in 2017 to its 2005 level
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Italy's car production returns in 2017 to its 2005 level
- The volume of Italian automobile production (VP + VU) had fallen sharply between 1990 and 2013. From 2.2 million vehicles in 1989, Italian production gradually fell to just over 600,000 units in 2014. The explanation for this fall is that the brands Fiat, Alfa-Romeo and Lancia lost a lot of influence during this period, and also that the Fiat group has relocated part of its production to Poland and Turkey, which has led to several factory closures on Italian soil. We can add the non-replacement of the Fiat Punto whose production volume was divided by 10 between 2006 and 2017 and the non-replacement of Lancia models.
- In the same way as in France, the Italian government and the Italian companies agreed in the beginning of 2010 to stop the fall of the automobile production in Italy and to revive this production thanks to a vast program of relocation, launch of new SUVs and revival of premium brands.
- For example, the Fiat Panda produced in Poland was relocated to Italy in 2012. The arrival of compact SUVs Jeep Renegade and Fiat 500X at the Melfi site in 2014 also contributed significantly to the revival of production in Italy. Finally, the revival of the Alfa-Romeo and Maserati brands, accompanied this increase in automobile production in Italy.
- In 2017, the volume of Italian production returned to its level of 2005 (just over one million units).
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続きを読む... Italy's car production returns in 2017 to its 2005 level