VW to partner with JAC to manufacture and sell LCV in China
- 说明
VW to partner with JAC to manufacture and sell LCV in China
- Foreign manufacturers that have established operations in China, through partnerships (JV) with Chinese manufacturers, have mainly targeted the passenger car market, and very few have been interested in commercial vehicles, with the result that this market is today occupied almost exclusively by Chinese builders. The Chinese market for commercial vehicles was at 3.45 million units in 2015, 3.65 million in 2016 and will approach 4 million in 2017. Of this volume, light commercial vehicles (less than 3.5 tonnes) account for nearly 2.2 million units in 2017.
- Foreign manufacturers have therefore every reason to take an interest in this lucrative market, especially as it is invested almost exclusively by Chinese manufacturers today. This is why Renault recently announced that it will create a joint venture (JV) with Chinese OEM Brilliance, to manufacture and market light commercial vehicles in China. For its part, PSA announced that it was associated with Chinese Changan the same reasons. Today, it is Volkswagen’s turn to announce that it will create a joint venture (JV) with the Chinese OEM JAC to serve this market. It is possible that other foreign manufacturers will make similar announcements over the next few months, as there is real expertise in the light commercial vehicle business particularly at European manufacturers, and a large potential market to invest, larger than the European market (2 million LCV sales are expected in Europe in 2017).
Contact us: info@inovev.com
阅读全文... VW to partner with JAC to manufacture and sell LCV in China
Top passenger cars sales in Japan over the first 9 months of 2017
- 说明
Top passenger cars sales in Japan over the first 9 months of 2017
- The Japanese market (PC + LCV) has increased by 8.8% over the first nine months of 2017. If we look at the top 20 models, we can see that there have been a lot of changes from one year to the next. First, the Toyota Prius lost its leading position by losing 75,000 sales that went to the CHR which won 100,000 sales. The CHR has also taken sales from the Toyota Aqua, which lost 40,000 sales. The Toyota CHR thus made a spectacular breakthrough to reach 7th place.
- The Nissan Note, Nissan DAYZ, Nissan Daihatsu Move, Honda Freed, Nissan Serena are progressing strongly, thanks to recent renewal or restyling, yet these models are progressing less strongly than the CHR.
- The Honda N-Box is in first place in 2017, when it was second the year before.
- By segment, we see that A segment vehicles (midgets or K-cars) account for 36.4% of the Japanese market (vs. 36.3% in 2016), B segment vehicles 24.9% (vs. 24.3 % in 2016), C segment vehicles 24.3% (vs. 23% in 2016), D segment vehicles 8.4% (vs. 10% in 2016) and E segment vehicles 6% (vs. 6, 2% in 2016).
- By body type, sedans go from 67% of the Japanese market in 2016 to 65% in 2017, SUVs gain 1.5% ( from 12% to 13.5%) and minivans 0.5% ( from 21% to 21.5%). Today more minivans than SUVs are still sold in Japan, which is one of the peculiarities of this market.
Contact us: info@inovev.com
阅读全文... Top passenger cars sales in Japan over the first 9 months of 2017
Top passenger cars sales in China over the first 9 months of 2017
- 说明
Top passenger cars sales in China over the first 9 months of 2017
- The Chinese market (LCV + LCV) has increased by 4.8% over the first nine months of 2017. If we look at the top 20 models, we see that there are not many changes year on year. Most of the top 20 models were already present in this ranking in 2016. Note however the appearance of the Baojun 510 SUV, as well as the strong progress recorded by VW Tiguan, Geely Bo Yue, Geely Emgrand and Roewe RX5.
- The first place is still occupied by the Wuling Hongguang minivan, but this model loses 67,000 year-on-year sales. The Wuling brand also loses 141,000 sales all models combined, in favor of the sister brand Baojun, which gained 158,000 sales over the same period. This situation is explained by the decline in MPV sales in the Chinese market (Wuling has made it a specialty), which represents only 8.5% of registrations in 2017, compared with 10.6% in 2016, while SUVs continue their breakthrough (Baojun is increasing its models in this category), accounting for 40.6% of the market in 2017 against 35.2% in 2016. Sedans represent 48.5% of the market in 2017 against 50.8% in 2016. Minivans represent only 2.4% of the market in 2017 against 3.4% in 2016.
- By segment, C segment remains dominant in China, with 61.5% of the market, compared to 23.5% for D segment, 10.3% for B segment, 3.5% for E segment, and only 1, 2% for A segment.
Contact us: info@inovev.com
阅读全文... Top passenger cars sales in China over the first 9 months of 2017
DS plans revival as of 2019
- 说明
DS plans revival as of 2019
- The French firm DS (a subsidiary of the PSA group) is staging a revival in 2019 thanks to a complete renewal of its range which will continue until 2021. PSA group’s Premium brand has been in decline since 2012 in Europe and since 2014 in China, its two main markets. In Europe, the production of DS has fallen from 136,000 units in 2012 to 50,000 in 2017. In China, production has decreased from 27,000 units in 2014 to 6,000 in 2017.
- in Europe the DS brand suffers from the aging of the range, with a DS3 that dates from 2009, a DS4 that dates from 2010 and a DS5 that dates from 2011, and in China suffers from a lack of notoriety relative to well established Premium brands such as Audi, BMW, or Mercedes or even Volvo, Lexus or Cadillac.
- The PSA Group anticipates a stabilization of DS sales in Europe in 2018, thanks to the arrival of the DS7 Crossback (code X74) which should offset the decline of other models, and a recovery in 2019, thanks to the arrival of the DS3 Crossback (code D34) in March 2019 which will replace the DS3, and then that of the DS6 (code X83) in March 2020 which will replace the DS5, and finally the DS4 Crossback (code D44) in March 2021 which will replace the DS4.
- For China, the product plan of DS is still secret, but Inovev thinks it will be very difficult to revive the brand in this market, as current sales are plummeting, and volumes have become extremely low.
Contact us: info@inovev.com
Inovev expects production of 40,000 Infiniti QX50s / year
- 说明
Inovev expects production of 40,000 Infiniti QX50s / year
- The Nissan group has unveiled the new generation of the Infiniti QX50 SUV, which competes with D-segment Premium SUVs like the Audi Q5, BMW X3, Mercedes GLC or Lexus NX. The name QX50 was given in 2014, by Infiniti, to the second Infiniti SUV launched under the name EX in December 2007 in North America and December 2008 in Europe.
- The new generation of the QX50 is positioned in the Infiniti range between the QX30 (C-segment) and the QX70 (E-segment). It is, in a way, the chic version of the Nissan X-Trail and Renault Koléos, with which it shares the CMF-D platform. Note that in the US market, the QX50 is capped not only by the QX70, but also by the QX60 and QX80.
- The new QX50 measures 4.69m long (compared to 4.64m for a Nissan X-Trail, 4.66m for an Audi Q5 or 4.72m for a BMW X3) and weighs 1,736 kilos.
- The engines for the QX50 are a 4-cylinder gasoline 2.0 developing 265hp that replaces the old too heavy and too greedy 3.5-cylinder 3.5 320hp. For Europe, a diesel version 3.0 developing 240hp will remain available, but this version will not be available on the US market where the bulk of sales should be.
- The QX50 will be manufactured in Japan, at Nissan, and exported worldwide. Inovev thinks that this model could reach a volume of 30,000 to 40,000 annual units.
Contact us: info@inovev.com
阅读全文... Inovev expects production of 40,000 Infiniti QX50s / year