Renault unveils low-cost electric car for China
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Renault unveils low-cost electric car for China
- Renault unveiled its first low-cost 100% electric car reserved for China, on the sidelines of the Paris Motor Show, in response to the EV quotas imposed by the Chinese government on manufacturers located in the country. This electric vehicle is derived from the Renault Kwid (A Segment) built in India, in order to obtain the lowest possible production cost and an affordable selling price for the Chinese clientele. The selling price is indeed one of the negative factors of current electric cars, being clearly superior to combustion engine vehicles of the same category.
- The model called K-ZE (the K name evoking the name Kwid) was developed by a dedicated company, owned 25% by Renault, 25% by Nissan and 50% by Dongfeng (Dongfeng is indeed the partner of Renault and Nissan for car manufacturing in China) in collaboration with the teams at the Technocentre in Guyancourt.
- The Renault K-ZE, which will be manufactured from 2019 on the Shiyan site in Hubei province, is announced with a range of 200 kilometers (WLTP cycle). Given the current government subsidies in force in China, the price of K-ZE should not exceed 10,000 euros, according to the manufacturer. According to Inovev, the K-ZE could account for between 100,000 and 150,000 units of the 550,000 Renault vehicles sold in China in 2022. For the moment, the marketing of K-ZE is not planned in Europe, but sales in India remain possible.
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Renault targets 50,000 Arkana sales per year
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Renault targets 50,000 Arkana sales per year
- Renault unveiled its first coupé SUV, the Arkana, at the Moscow Motor Show. This new model will be marketed only in Russia and the neighboring former Socialist Republics. It will not be marketed in Western Europe despite the fact that this kind of model would be popular there.
- This is the first time a generalist manufacturer has unveiled a SUV coupe, as up to now only BMW (X2, X4, X6), Mercedes (GLC Coupe, GLE Coupe) and Audi (Q8) have had such models in their catalog.
- The Renault Arkana is a C-segment SUV, of dimensions close to those of the Kadjar (4.54m x 1.80m x 1.57m against 4.45m x 1.84m x 1.60m), but it is built on the Dacia Duster platform renamed Renault Duster for the Russian market. It is therefore a model derived from Dacia. The new model will be manufactured on the Renault site in Moscow (Avtoframos) alongside the Renault Duster, Renault Kaptur and Nissan Terrano (rebadged version of the Renault Duster).
- Arkana announces the end of Renault's policy of simply rebadging Dacia models, which account for more than half of global Global Access sales (640,000 units out of 1.2 million in 2017). Future Renault models in the Global Access range will have their own bodywork. Renault sales targets for Arkana is 50,000 units per year.
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European market disrupted by new WLTP standards since July 2018
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European market disrupted by new WLTP standards since July 2018
- The European VP market (29 countries) has been severely disrupted since July 2018 due to new cars obligation to become compliant with the new WLTP standards.
- The European market grew by 10% in July 2018 and by 30% in August 2018, while the increase in the first half did not exceed 2.8%. This sudden and spectacular increase is largely due to the need to de-stock as many vehicles as possible approved under the old NEDC protocol. From 1 September 2018, manufacturers had to market their models according to the new WLTP protocol, which requires new engine settings. There is also uncertainty about the levels of CO2 emissions under the WLTP protocol and therefore the taxation to be applied after September 1, which encouraged companies to anticipate their fleet renewals. There was also an unusually high proportion of vehicles registered as demonstration models.
- These over-registrations, due to massive destocking of models built to the old NEDC standards, are in fact anticipated purchases that will therefore not be occurring in the last quarter of 2018.
- This is why we expect a decline in the European market in the last four months of the year, but the car production should however benefit from the recovery of inventories in WLTP standards vehicles.
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続きを読む... European market disrupted by new WLTP standards since July 2018
Inovev forecasts 400,000 annual sales of the new generation BMW 3 Series
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Inovev forecasts 400,000 annual sales of the new generation BMW 3 Series
- BMW has unveiled the seventh generation of the Series 3 at the Paris Motorshow. The new model retains the style of the current generation so as not to confuse the customer. Indeed, the 3 Series remains the best-selling vehicle of the brand, and 15 million have been sold since the first generation in 1975.
- The seventh generation is based on the CLAR platform, used on the BMW 5 Series, 6 Series and 7 Series. The use of this platform allows a weight reduction of 55kg on the total weight, despite increasing dimensions: 4.71m long ( + 8cm), 1.83m wide (+ 1cm) and 1.44m high (+ 1cm).
- The BMW 3 Series is still rivaled by Audi A4, Mercedes C-Class, Jaguar XE and Volvo S60 / V60. It will be available in Touring Wagon next year and the coupe and cabriolet versions will return to the Series 4 designation as today.
- The model will still be manufactured on the historical site of Munich (Germany).
- The engines of the new Series 3 are: 3-cylinder petrol engines 1.5 l (136hp), 4 cylinders 2.0 l (184hp) and 6 cylinders 3.0 l (326hp), diesel engines 4 cylinders 2.0l (150hp) and 6 cylinders 3.0l (258hp). A plug-in hybrid version will be available from next year. According to Inovev, 250,000 BMW 3 Series will be produced yearly in Europe and 150,000 in China. Production in North America is under consideration by the manufacturer.
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続きを読む... Inovev forecasts 400,000 annual sales of the new generation BMW 3 Series
Inovev forecasts 100,000 annual sales of the new generation Mercedes B-Class
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Inovev forecasts 100,000 annual sales of the new generation Mercedes B-Class
- Mercedes has unveiled the new generation of its compact minivan (C segment ) B Class, at the Paris Motorshow. This model continues in the general style of its predecessor, and is built on the same platform as the Class A (MFA2). It is part of a category in decline (monospaces), and the B-Class has itself dropped by 32% in terms of sales between 2013 and 2018 (from 132 000 to 90 000 units), while the European market as a whole grew by 26% . But Mercedes intends to launch a successor to the current Class B, as its rival BMW is reasonably successful with its Compact Active Tourer minivan (and its extended version Gran Tourer) which has reached nearly 120 000 units in 2017 and which will not be replaced until 2021.
- As before, the Mercedes B-Class will be manufactured on the Hungarian site of Kecskemét, alongside the CLA and Class A Sedan. The new model takes the engines of the Class A, that is to say the 4 cylinder petrol 1.3 engine of Renault origin (developing 134hp and 161hp) and the 4 cylinder diesel 1.5 engine of Renault origin (developing 114hp), as well as the new Mercedes 2.0 4-cylinder diesel engine (developing 148hp and 188hp) known as OM654.
- An EQB version, that is to say the 100% electric version, should be unveiled next year.
- Inovev expects 100,000 annual sales for the new generation B-Class.
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続きを読む... Inovev forecasts 100,000 annual sales of the new generation Mercedes B-Class