SAIC wants to build an MG plant in Europe
- 詳細
SAIC wants to build an MG plant in Europe
- The Chinese group SAIC, which is the largest automobile producer in China (nearly 5 million vehicles produced in 2022), assembles under license Volkswagens and cars from the GM group (Chevrolet, Buick, Cadillac) and also produces the MG, Roewe and Maxus brands. As a reminder, these three brands are the last vestiges of the former British group MG-Rover and the light utility vehicle brand LDV which disappeared in 2005 and 2009 respectively.
- MG, a former British brand, has gradually become the best-selling Chinese brand in Europe. In 2022, 114,000 MG were sold in Europe compared to 53,000 in 2021 and 26,000 in 2020. The brand doubles its sales every year on this continent! In the first 6 months of 2023, MG sold 103,000 cars in Europe (including 40,000 in Great Britain), which suggests that the brand will easily exceed 200,000 sales over the whole year.
- It is in this context that SAIC decided to build an MG assembly plant in Europe, either in Great Britain (its historic country and the one that buys the most MGs in Europe) or in continental Europe.
- For SAIC, this decision makes it possible to support the growing commercial success of MG in Europe but also, in the event that the chosen site is located in the European Union, to by-pass potential barriers to the entry for battery electric vehicles (BEV) produced outside the European Union. SAIC's announcement is not an isolated case as BYD has indicated that it also wants to produce electric cars in Europe. Tesla also plans to build a second assembly plant in Europe, after the one in Berlin (Germany).
The difficult sales debuts of the new Renault Kangoo
- 詳細
The difficult sales debuts of the new Renault Kangoo
- Renault has decided to launch two light commercial vehicles in 2021 to replace the Renault Kangoo (N1-1 segment) whose origins date back to 2007 and which was restyled in 2013. The Renault Kangoo was produced in 1.9 million units between 2007 and 2020, i.e. 135,000 units per year. The two light vehicles launched in 2021 are:
1. a new generation of Kangoo designed in partnership with Mercedes (for the launch of the new Mercedes Citan).
2. a new van cheaper than the new Kangoo and based on the old Dacia Dokker utility vehicle which was very little sold in Europe.
- The two models, which are quite similar aesthetically speaking, are therefore aimed at two different clienteles. When we look at the sales curve of the two models, we can see that the two new models represent a sales volume comparable to that of the old Kangoo and that these two new models are selling about as much one as the other. another in Europe, which means sales of the Kangoo have been practically halved. The Renault Kangoo as such therefore had a difficult start to its commercial career, since the Renault Express took on a good part of its clientele. The only consolation for the Renault Kangoo, this model is also available under the Mercedes brand (Citan) and under the Nissan brand (Townstar). In 2022, the Mercedes Citan was produced in 26,659 units and the Nissan Townstar in 11,323 units, to be compared to the 68,316 Kangoo and 72,448 Express manufactured the same year, the Kangoo in Maubeuge (France) and the latter in Tangier ( Morocco).
The Tesla Model Y is the best-selling model in Europe in the first 6 months of 2023
- 詳細
The Tesla Model Y is the best-selling model in Europe in the first 6 months of 2023
The European passenger car market grew by 17.7% in the first half of 2023
- 詳細
The European passenger car market grew by 17.7% in the first half of 2023
- The European passenger car market (European Union + UK + Switzerland + Norway) grew by 17.7% in the first half of 2023, compared to the first half of 2022, with a volume of 6,578,944 passenger cars. We should logically reach 13 million units over the whole of 2023. This is a better figure than that recorded during the years 2020, 2021 and 2022, but which remains lower (from 17.5%) than during the 2019 year.
- By carmaker, the Volkswagen group (25.8% of the European market) keeps its leading position ahead of the Stellantis group (17.3% of the market) and the Renault-Nissan group (12.4% of the market). The Hyundai-Kia (8.7%), Toyota (6.8%), BMW (6.8%), Mercedes (5.4%) and Ford (4.2%) groups follow. Ford is becoming a small carmaker in Europe. The other small carmakers together represent 10% of the European market, led by Tesla (2.8%). All Chinese carmakers represent 2.4% over the period, slightly more than Volvo and twice as much as JLR (Tata group).
- BEVs represent 13.6% of the European passenger car market in the first half of 2023 (versus 10% over the same period in 2022), which is a lower figure than that recorded in China but better than that recorded in the United States.
- The best-selling model, all engines combined, is the Tesla Model Y (112,000 sales), which takes 1.7% of the European market, ahead of the Dacia Sandero (96,000 sales). The Volkswagen Golf (77,500 sales) is relegated to 7th place, behind the Volkswagen T-Roc and ahead of the Volkswagen Tiguan. The Tesla Model Y now accounts for 12.5% of BEV sales.
China's passenger car market grew by 8.9% in the first half of 2023
- 詳細
China's passenger car market grew by 8.9% in the first half of 2023
- China's passenger car market grew by 8.9% in the first half of 2023, compared to the first half of 2022, with a volume of 11,268,226 passenger cars. We should logically reach 24 million units over the whole of 2023. This is not a record as the Chinese market had exceeded a volume of 24 million units in 2016 (24.4 million) and in 2017 (24.7 million). 2023 should be the third best year for the Chinese market.
- By carmaker, the Volkswagen group (12% of the Chinese market) narrowly keeps its leading position that it has held since the 1990s, as Chinese BYD (11% of the market) made an extraordinary breakthrough in 2023 by doubling its sales (thanks to its different electric models) compared to last year. It is very likely that BYD will rise to the top spot before the end of the year. Four BYD models are also among the top 10 selling models in China in 2023. BYD seems to have completely ousted the WulingHongGuang Mini EV which fell to 0.3% of the market in 2023! Behind Volkswagen and BYD, the other carmakers are very disconnected. Toyota (7.2% of the market) and the GM group (7% of the market) ex-second which lost 200,000 sales compared to 2022 (mainly the WulingHongGuang Mini EV) slightly heads Geely (7%), Changan (6.8%) and Chery (6.2%). Tesla, which is progressing, is ninth with 4.2% of the Chinese market in 2023. Thanks to the strong growth of BYD, Chinese carmakers achieve a new record of 55% market share in China in the first half of 2023 (compared to 48% in 2022).
- BEVs represent 22.7% of the Chinese market in the first half of 2023. The best-selling model, all engines combined, is the Tesla Model Y (2.8% of the market), which is ahead of three BYD models and the Tesla Model 3 (1.4 % of the market).