Global market will not return to 2019 level until 2024
The coronavirus crisis led the population to be confined for several months as well as to the closure of factories and automotive dealers for a period of time varying from one region to another and from one manufacturer to another. But this time was long enough for the world market to collapse by 15% to 30% in 2020 depending on the region.

According to Inovev, the global automotive market will not return to 2019 levels until 2024.

Indeed, taking into account our market forecasts by country and by region between 2020 and 2025, we observe that the three largest world markets - Europe, China and the United States - will total 50.6 million registrations. (PC + LCV) in 2020 compared to 60.8 million units in 2019, 54.1 million units in 2021, 56.5 million units in 2022, 58.9 million in 2023 and 60.8 million in 2024. We can see that the level of 2019 will only be reached again from 2024.

If we take into account all the world markets, the situation remains the same. Our forecasts of the world market indeed show 75.9 million registrations in 2020 against 89.3 million units (which represents a decrease of 15%), 80.8 million units in 2021, 83, 8 million units in 2022, 87.1 million units in 2023 and 89.6 million units in 2024. The level of 2019 will only be reached again from 2024.

Note that the year 2019 was not a production record, since the years 2016, 2017, 2018 had a higher number of registrations: 91.8 million in 2016, 94.0 million in 2017 and 93, 3 million in 2018.


    
 

Contact us: info@inovev.com 

Nissan Micra launched in 2016 completely missed its mark
The Nissan Micra is the Japanese manufacturer's B-segment sedan which is sold in Europe, and incidentally in South America, China and Japan where its distribution is very modest. In Europe, the Nissan Micra enjoyed good circulation between 1995 and 2005, with annual sales of around 150,000 units per year. This model was then manufactured in Great Britain and the manufacturer did not plan to relocate this model to a low-cost country.

The idea of relocating the Micra and making it a low-cost model compared to a Toyota Yaris manufactured in France, appeared after 2005. The management of the manufacturer at the time decided to create a new generation of Micra made in India. for Europe and emerging countries. The operation was more or less inspired by the creation of the Dacia Logan made in Romania.

Unfortunately, the new Micra manufactured in India from 2010 encountered strong competition from small cars already present in India, with an uncompetitive price. In Europe, the model had a mixed career, with sales ranging between 80,000 and 120,000 units per year. This was a volume 30% lower than that recorded by the old Micra in the years 1995-2005. Carlos Ghosn, then CEO of Nissan, replaced this model in 2016 with a new Micra made in France and closely derived from the Renault Clio. He had set a sales target of 130,000 sales per year for this new model. However, this new Micra has never been able to reach 100,000 annual sales, going from 94,000 units in 2017 to 73,000 in 2018, 54,000 in 2019 and less than 40,000 in 2020.

This Nissan Micra manufactured in France has completely missed its target.


    
 

Contact us: info@inovev.com 

Audi prepares to launch the Q4 e-tron and Q5 e-tron
Inovev has already  presented the upcoming launch of the Q4 e-tron C-segment SUV, which, as its name suggests, will be located in the manufacturer's range between the Q3 and Q5. This model, which should see the light of day in 2021, will be based on the MEB platform and will probably be produced in one of the two Audi factories located in Germany (Ingolstadt and Neckarsulm). It will precede the launch in 2022 of the Q5 e-tronwhich has just been announced and which should logically be manufactured in Mexico, like its version with thermal engine. Given that the current price of the E-tron (which should have been called Q6 e-tron) is between 72,000 euros and 96,000 euros, and between 75,000 euros and 99,000 euros in its Sportback version, and that the Estimated price of the Q4 e-tron is around 60,000 euros, it can be deduced that the price of the Q5 e-tron could be between 65,000 euros and 75,000 euros, making it an expensive vehicle therefore unlikely to be sold in large quantities. The future Q5 e-tron will probably be offered as a standard version and as a Sportback version.

Note that the future D-segment Audi Q5 e-tron will have its counterpart at Porsche, it is the future Macan in its electric version which should be launched in 2022. With the Porsche Taycan and its Audi E-tron GT counterpart, there should be six different 100% electric models from these two brands in 2023, not counting the Sportback versions.

The Volkswagen group has taken great care to separate the 100% electric ranges of Volkswagen-Seat-Skoda from those of Audi-Porsche-Bentley. There will be no direct link between the two divisions regarding this type of models.

    
 

Contact us: info@inovev.com 

Volkswagen prepares to launch its ID2 electric model
After the launch in 2020 of the 100% electric Volkswagen ID3 and ID4, of which 20,000 units have already been sold in Europe during the first 10 months of 2020 (their marketing began last July), the manufacturer is already preparing the launch of the ID2 scheduled for 2023. This 100% electric model based on the MEB platform, like the ID3 and ID4 of segment C, will be the size of a Polo and will therefore complete the range of IDs to segment B. The future ID2 will thus compete with the Renault Zoé, Peugeot e-208 and Opel e-Corsa which represent a good part of the sales of electric cars in Europe.

It will be sold at a similar price, close to 30,000 euros, a Zoé being offered at 32,300 euros, an e-208 at 32,300 euros and an e-Corsa at 31,300 euros (excluding bonuses). According to our information, the future Volkswagen ID2 will be produced in Emden (Germany) from 2023, alongside its  Seat and Skoda derivatives. This plant should also host the future A-segment Volkswagen ID1 which will replace the electric Up, as well as its derivatives Seat and Skoda which will replace the electric Mii and Citigo now manufactured in Bratislava. The future ID1 models and derivatives will be offered at a price close to 20,000 euros.

Before the ID1 and ID2, the German manufacturer should launch the ID5 (segment D) in 2021 and the ID Buzz (Kombi) in 2022, still on the MEB platform. The range of electric cars of the Volkswagen group is therefore being built at high speed, since in 2023, there should be no less than a dozen different models in its European range, sold under the brands Volkswagen, Seat and Skoda. Audi and Porsche will also have their own models (see next article).

    
 

Contact us: info@inovev.com 

Tesla begins production of Model Y in China
The Californian manufacturer Tesla started producing cars in China from April 2020. The total number of cars manufactured over the whole year will exceed 100,000 units, since in the first ten months the manufacturer produced 93,000. units. We are more likely to approach the 130,000 units produced at the end of December, the vast majority of which being sold locally. The cars produced up to the end of October 2020 were all 100% electric-powered Model 3 sedans, which correspond well to the Chinese government's desire to encourage Chinese customers to buy electric cars. The Model 3 is a success in China as it has become in a few months the best-selling electric car on the Chinese market, ahead of manufacturers established in this market for several years, such as BYD or BAIC.

Faced with this unexpected success, the Californian manufacturer is putting a second model into production in November 2020 at its Shanghai factory. This is the Model Y that can be considered as the SUV version of the Model 3 sedan. The electric SUV market has indeed been growing in China since last year, with the breakthrough of the MG ZS SUV in particular. which is also exported to Europe. For the Model 3, the capacity of the Shanghai plant had been set at 200,000 vehicles per year, and October 2020 saturated production capacity over a month, with a volume of 20,000 cars produced. With the arrival of the Model Y, the production capacity of the Shanghai plant will be doubled to 400,000 vehicles per year. Tesla wants at the same time to increase its leadership position in the electric car in China.

    
 

Contact us: info@inovev.com 

 
Inovev プラットフォーム  >
まだ登録していませんか?
By keeping on browsing, on this site, you accept the use of cookies and TCU (Terms and Conditions of Use) of Inovev site (www.inovev.com)
Ok