The Chinese market increased by 2.0% in 2021 compared to 2019
The Chinese market (PC+UV) increased by 3.8% in 2021 compared to 2020 and by 2.0% compared to 2019. It is one of the rare countries to see its registrations increase between 2019 and 2021. China registered 26,274,820 vehicles in 2021 compared to 25,309,069 in 2020 and 25,769,000 in 2019. This result is all the more remarkable given that the global automotive market fell by almost 10% between 2019 and 2021. Despite this good result, the level reached in 2021, even if it is higher than that of 2019, remains lower than that of the years 2016-2017-2018 which had exceeded 28 million units per year. However, it seems that this level will be reached again in 2022 or 2023.

The Volkswagen group remains the leader in the Chinese passenger car market, with a 14% market share, ahead of the GM groups (12%), Toyota (8%), Honda (7%), Geely (7%) which remains the first. Chinese manufacturer excluding joint ventures. But Geely is now closely followed by his compatriot Changan (6%) who made a spectacular comeback last year. Renault-Nissan (6%), Great Wall (5%), Chery (4%), SAIC with its brands MG-Roewe-Maxus (4%) and BYD (3%) follow.

Chinese manufacturers occupied 39.5% of the Chinese passenger car market in 2021, a slight increase compared to 2019 (39%). Including commercial vehicles, they occupied 46% of the Chinese market last year.

Top-selling models in China in 2021 were Wuling Hongguang Mini EV (427,685 units), Volkswagen Lavida (392,056 units), Great Wall Haval H6 (365,930 units), Toyota Corolla (319,673 units) , the Tesla Model 3 (279,882 units) and the Buick Excelle GT (263,038 units). All-electric cars (BEV) accounted for 2,751,755 sales (13% of the PC market), plug-in hybrids (PHEV) 597,752 units (3%) and non-plug-in hybrids (HEV) 515,705 units (2% ).


    
 

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The Indian market fell by 1.5% in 2021 compared to 2019
The Indian automobile market (PC+UV) increased by 28% in 2021, after having fallen by 23% in 2020, which means that this market is almost back to the level of 2019 (-1.5%). India registered 3,759,540 vehicles in 2021, compared to 2,937,803 in 2020 and 3,817,000 in 2019. The level reached in 2021 remains however still lower than the level of the years 2017-2018 which had exceeded 4 million units per year. Given India's low motorization rate, despite the large number of vehicles circulating in major cities, the Indian market is expected to continue to grow over the next few years, especially as the rate of vehicle electrification remains extremely low in the country (0.1% of registrations) and thus prevents a sharp increase in the average price of the models offered which would reduce demand.

By manufacturer, the Suzuki-Maruti group remains largely the Indian market leader in 2021, with 44% of total registrations, which marks a clear improvement compared to 2020 when its share did not exceed 42%.

Largely behind, since it achieves only half of Suzuki-Maruti's sales, the Hyundai-Kia group (22% market share) manages to sell twice as many vehicles as its pursuer the Tata group (11% market share). Marlet). Mahindra (7%), Renault-Nissan (5%), Toyota (4%), Honda (3%) and Volkswagen (2%) follow.

The top-selling models in the Indian market in 2021 were the Suzuki Wagon R (164,122 units), Suzuki Swift (159,391 units), Suzuki Baleno (157,783 units) and Suzuki Alto (155,063 units). Suzuki therefore places four of its models in the top four sales.


    
 

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The Russian market fell by 5.3% in 2021 compared to 2019
The Russian light vehicle market (PC+LCV) increased by 4.3% in 2021 compared to 2020 and fell by 5.3% compared to 2019. Russia registered 1,666,780 light vehicles in 2021, compared to 1,598,825 units in 2020 and 1,760,000 in 2019. The level established in 2021 remains however very low compared to the years 2007-2008 and 2011-2012-2013-2014 which had marked a peak in registrations in Russia (more than 2.5 million units per year). The 2021 level remains in line with the trend of the years 2015 to 2020 (around 1.5 million units per year), the lowest level on the Russian market. These years 2015 to 2020 correspond to the period of the economic sanctions which were imposed on Russia in relation to the Crimea problem in 2014. The Russian automobile market nevertheless remains the fourth in Europe in terms of volume, behind Germany, France and Great Britain, but ahead of Italy.

The Renault-Nissan group remains largely the leader of the Russian market in 2021 (34% market share), mainly thanks to the Lada brand (21% market share) which remains the leading brand in this market. The Hyundai-Kia (23%), Volkswagen (12%), Toyota (7%), BMW (3%) and Daimler (3%) groups follow. The other manufacturers have very modest market shares. Chinese manufacturers represent 7% of the Russian market, up sharply compared to 2020.

The best-selling models in Russia in 2021 are the Lada Vesta (113,698 units), Lada Granta (111,430 units), Kia Rio (82,941 units), Hyundai Creta (68,081 units) and Hyundai Solaris (61,061 units).


    
 

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The Korean market fell by 4.3% in 2021 compared to 2019
The Korean vehicle market (PC+UV) fell by 8.8% in 2021 compared to 2020 and by 4.3% compared to 2019. South Korea registered 1,707,959 vehicles in 2021, compared to 1,873 764 in 2020 and 1,784,000 in 2019. Given the evolution of this market since 2015, this market seems saturated. South Korea had been a rare country (along with Turkey) to see its market progress in 2020, and the year 2021 marks a kind of upside-down catch-up, because the surplus of vehicles purchased in 2020 was not bought in 2021.

As a result, the level reached in 2021 returns to the level of the years 2014-2015. The sales record remains that of 2020.

In this context, the Hyundai-Kia group remains largely the leader in the Korean market, with a market share of 72% in 2021 (a share higher than that of the Toyota group in Japan, which is already extremely large). Far behind, the German Premium manufacturers BMW (6%) and Mercedes (5%) take second and third place in the Korean market, ahead of Renault-Samsung, which alone represents the Renault-Nissan group (4%). This group lost two places, which may explain the new strategy that the manufacturer's management has just put in place, namely to now produce Chinese models of the Geely brand from 2024.

Ssangyong is no longer among the six largest manufacturers, its market share having been halved in 2021. This struggling manufacturer has just been acquired from Mahindra by Edison Motors (manufacturer of electric buses) to attempt a final rescue. Top-selling models in Korea in 2021 are Hyundai Grandeur (89,084 units), Kia Carnival (73,503 units), Hyundai Avante (71,036 units), Kia Sorento (69,934 units) and Hyundai Sonata (63,109 units).

    
 

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The Turkish market increased by 53.9% in 2021 compared to 2019
The Turkish vehicle market (PC+UV) fell by 4.6% in 2021 compared to 2020 and increased by 53.9% compared to 2019 which had seen registrations collapse. Turkey registered 737,350 vehicles in 2021, compared to 772,788 in 2020 and 479,000 in 2019. The level of 2021 is an average level compared to the last twenty years, being between the peak of 2015-2016 (1 million registrations per year) and the trough of 2018-2019 (500,000 registrations per year).

Victim of repeated economic and political crises, Turkey presents an unstable and uneven evolution of the automobile market, which accentuates the difficulty of predicting the future evolution of this market. The forecasts of a Turkish market of 900,000 units announced last year by Inovev could not be achieved, since this market did not even reach 750,000 registrations in 2021.

By manufacturer, the Renault-Nissan group was overtaken last year by the Stellantis group created in 2021 by the merger of FCA (Fiat-Chrysler) and PSA. Fiat has always been a very important player in Turkey since the 1960s. The combined sales of Fiat and PSA have therefore made it possible to create the new leader of the Turkish market from 2021, with 27% of total registrations, thus ahead of Renault-Nissan. (21%) and Volkswagen (19%).

The best-selling models in Turkey in 2021 were the Fiat Tipo (71,741 units), Toyota Corolla (41,721 units), Renault Clio (36,444 units) and Renault Mégane (29,832 units). The Fiat Tipo is called Egea in Turkey.


    
 

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