Renault and PSA together sold more than 600,000 cars in Iran in 2017
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Renault and PSA together sold more than 600,000 cars in Iran in 2017
- Renault and PSA sold more than 600,000 cars in Iran in 2017 (443,000 for PSA and 162,000 for Renault). The two French manufacturers occupy 40% of the Iranian market (29% for PSA and 11% for Renault) which exceeded 1,510,000 units last year. The fears of those who anticipated an unfavourable reaction of Iranians vis-à-vis the French manufacturers, following their hasty departure in 2012, have not been substantiated.
- In an uncertain political and economic context, PSA moved closer to its record of 2010 (461,000 sales) while Renault achieved the highest sales volume in its history.
- The models that PSA and Renault sell and manufacture on site, in partnership with the manufacturer Iran Khodro, are the Peugeot 206, Peugeot 405, Renault Logan and Renault Sandero. These are actually old models, since the Peugeot 206 dates from 1998 and the 405 from 1987. As for the Logan, it dates from 2004 and the Sandero from 2007.
- But new models are planned for 2018. PSA has just started the local production of the Peugeot 2008 and the 301 is scheduled for the beginning of the summer. Finally, the 208 should be added to the range as of the end of the year. Three Citroën models are also planned (probably the C3, C3 Aircross and C4 Cactus). Renault has announced the start of production of Logan II and Duster, but no date has yet been announced.
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続きを読む... Renault and PSA together sold more than 600,000 cars in Iran in 2017
China's PC + LCV market grew 3.0% in 2017
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China's PC + LCV market grew 3.0% in 2017
- The Chinese car market (PC + LCV) increased by 3% in 2017, of which 1.4% for passenger cars, with a volume of 24.72 million units (against 24.38 million in 2016), which shows a slow down, as the growth of the Chinese market exceeded 14% the previous year. Inovev believes that the Chinese market will slow down further in 2018.
- It is the end of tax refunds on the majority of the cars marketed in China that put a damper on the increase of registrations in 2017, whereas the tax rebates had fully impacted and boosted the market in 2016.
- The share of Chinese manufacturers reached 36% of the market share of PC in 2017 and even 44% if we count commercial vehicles, thus getting closer to the objectives of the Chinese government. Foreign manufacturers still hold 64% of the PC market and 56% of the PC+ LCV market, even though their vehicles are produced under license by the Chinese manufacturers with whom they have created JVs which are over 50% owned by these same Chinese manufacturers.
- In 2017, seven manufacturers accounted for more than half of the Chinese market (58.6%): the Volkswagen group (16.3%), the GM group (15.8%), Renault-Nissan (6%), Honda ( 5.8%), Geely (5.6%), Toyota (4.6%) and Changan (4.5%). Among these seven manufacturers are two independent Chinese manufacturers (Geely and Changan), two Europeans (Volkswagen and Renault-Nissan), two Japanese (Honda and Toyota) and one American (GM).
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Volkswagen and Renault-Nissan are the world's leading manufacturers in 2017
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Volkswagen and Renault-Nissan are the world's leading manufacturers in 2017
- The Volkswagen Group remained the world's largest manufacturer in 2017, with a volume of 10.7 million sales (passenger cars + light commercial vehicles + trucks), a 4% increase compared to 2016.
- The Renault-Nissan group can also claim to be the world's largest automaker in 2017, if we do not include trucks, since it sold 10.6 million passenger cars and light commercial vehicles, an increase of 6.5% compared to 2016. The Renault-Nissan group, unlike the Volkswagen group, does not manufacture trucks. Without trucks, the Volkswagen Group achieved 10.5 million sales in 2017.
- The Toyota Group is the third largest manufacturer in the world in 2017, with a volume of 10.35 million vehicles including trucks and 10.15 million without trucks, an increase of 2% over 2016.
- GM Group is the world's fourth largest automaker in 2017, with an estimated 9.25 million vehicles (GM no longer makes trucks) if Opel's volume is withdrawn after its actual PSA buy-out in August 2017. This volume represents a 7% decrease compared to 2016, due in part to the sale of Opel.
- Hyundai-Kia Group is the world's fifth largest automaker in 2017, with a volume of 7.25 million vehicles (with trucks), down 8% from 2016.
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続きを読む... Volkswagen and Renault-Nissan are the world's leading manufacturers in 2017
Global automotive production rose 2.3% in 2017
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Global automotive production rose 2.3% in 2017
- Global car production (PC + LCV) increased by 2.3% in 2017 compared to 2016, with an estimated volume of 97 million vehicles (compared to 94.77 million units in 2016).
- This growth is two times lower than in 2016 compared to 2015 (+ 4.5%), as the top three car markets, China (+ 3%), the United States (-2%) and Europe (+ 3%) slowed in 2017, which had a direct influence on overall production. The top 20 producing countries maintain their 2016 ranking, except for Brazil and Russia, which each moved up one step in the ranking, thanks to their strong domestic market. On the other hand, Iran and Canada moved down a step due to the stop of production of certain models.
- In 2017, China (+ 2.9%) increased its lead over the other producing countries, in terms of volume, since it exceeds 29 million units, while the second largest producer, the USA (-7, 7%), does not exceed 12 million units. All the countries of the European Union (+ 0.7%) came close to 19 million units. One should note that the fall in the UK market last year impacted German (-0.5%), Spanish (-4.1%) and British (-1.7%) production.
- Among the top 20 producing countries, the strongest growth was registered in Brazil (+ 30%) and Russia (+ 20%).
- For 2018, Inovev expects a growth of 2% in global automotive production.
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The global automotive market grew by 2.3% in 2017
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The global automotive market grew by 2.3% in 2017
- The global car market (PC + LCV) increased by 2.3% in 2017 compared to 2016, with an estimated volume of more than 96 million units (compared to 93.85 million units in 2016).
- This growth is two times lower than in 2016 compared to 2015, as the first three car markets, China (+ 3%), the United States (-2%) and Europe (+ 3%) slowed down in 2017, which had an influence on all registrations, since these three markets alone account for two thirds of worldwide registrations.
- The top 20 auto markets remain the same as in 2016, except for Russia and Iran, which each move up one step in the ranking thanks to sharp increases. In contrast, Mexico and Spain fall back one step, as well as Turkey and Thailand.
- In 2017, China (+ 3%) increased its lead over the major markets, in terms of number of registrations, since it exceeds 29 million units, while the second market, the USA (-2%) , does not exceed 17.5 million units. All the countries of the European Union (+ 3%) approached 18 million units last year. The European market has thus re-passed in front of the US market in 2017. It was already in front of the US market between 2005 and 2011.
- Among the top 20 automotive markets, the strongest growth was recorded in Argentina (+ 26%), Russia (+ 12%) and Iran (+ 16%). For 2018, Inovev expects a 2% growth in worldwide registrations.
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