Inovev forecasts 250,000 to 300,000 sales/year for the new VW Jetta
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Inovev forecasts 250,000 to 300,000 sales/year for the new VW Jetta
- Volkswagen unveiled the new generation of the Jetta sedan, which was originally a notchback version of the Hatchback Golf, but which gradually gained its independence in the 2000s with a body of its own. The previous version of the Jetta dates from 2010. The new generation introduced at the 2018 Detroit Auto Show is larger and for the first time features three side windows. It is similar in style and size to the American Volkswagen Passat which is manufactured in Chattanooga, and is based on the MQB platform.
- The VW Jetta is traditionally presented in Detroit because the two main markets for this sedan are the United States and Mexico (where it is produced). We do not include here the VW Jetta made in China, because this model has its own life cycle, its own body, and it is only available on the Chinese market.
- As for the Jetta made in Mexico (Puebla), its replacement is taking place at a time when it has been declining for several years in its two main markets, the United States and Mexico. As for exports to the European market, we see that they have gradually fallen to zero in 2017. The new Jetta will not be marketed in Europe, given the failure of this model on this market, customers preferring to choose the Golf (the top selling model in Europe) or even the Passat. Inovev expects between 250,000 and 300,000 sales for the Jetta produced in Mexico.
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阅读全文... Inovev forecasts 250,000 to 300,000 sales/year for the new VW Jetta
The range of European SUVs on 1 January 2018
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The range of European SUVs on 1 January 2018
- Inovev has recorded the number of different SUVs marketed in Europe as of January 1, 2018. Inovev only selected B, C, D and E segment SUVs, as A and F segment SUVs accounting for only a fraction of SUV sales in Europe.
- A total of 78 SUVs are on the European market and 15 are in preparation. Therefore close to 100 SUV will be marketed in Europe in 2019 if we include those As (Suzuki) and F (Rolls-Royce, Bentley, Maserati, Lamborghini) segments.
- Of the 78 SUVs currently offered on the European market, 18 SUVs are B segment (plus 4 in preparation), 25 are C segment (plus 4 in preparation), 22 are D segment (plus 4 in preparation) and 13 are E segment (plus 3 in preparation). C and D segment SUVs will therefore remain more numerous in the coming years.They account for 57% of SUV sales in 2017.
- Of the 78 SUVs currently offered on the European market, 29 SUVs are marketed by Premium brands ( plus more than 10 in preparation) while general manufacturers market 49 (plus 5 in preparation). Premium manufacturers will therefore further strengthen their SUV range more than will general manufacturers.
- In 2017, SUV sales accounted for 30% of the European VP market, up from 26% in 2016. The many SUVs in preparation show that this sales growth is expected to continue over the next few years.
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German builders have doubled their production abroad in the last 10 years
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German builders have doubled their production abroad in the last 10 years
- The three German car groups Volkswagen, Daimler and BMW doubled their volume of production abroad (achieved outside Germany) in twelve years (from 2007 to 2017).
- Foreign production grew from 5.4 million units in 2007 to 10.8 million in 2017, while production in Germany went from 4.7 million to 5.3 million in the same period, an increase of only 12.8%.
- While the production volume of the three German groups in Germany in 2005 was comparable to that outside Germany, the situation is very different in 2017, as production in Germany is now only half that produced outside Germany. Germany (5.3 million compared to 10.8 million).
- It seems that there was a relocation of the production of German manufacturers in the 2000s. In fact, this was only partial since almost half of the production outside Germany was made in China, where the produced vehicles are sold locally. In this case, we can not really talk about relocation but rather localization.
- Production in Russia is based on the same analysis, since the vehicles produced are sold in the country. In the United States as well, a majority of the cars produced are sold domestically . German groups still have room to relocate their production, especially Daimler and BMW which have relocated two times less than Volkswagen.
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阅读全文... German builders have doubled their production abroad in the last 10 years
FCA stops production of Fiat models in China and India
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FCA stops production of Fiat models in China and India
- The Fiat brand has not been successful on the world's largest car market (China), nor on the fourth (India). As a result, the FCA Group has decided to stop the production of Fiat models in these two countries and focus its efforts on developing the production of Jeep models, a brand that benefits from the global enthusiasm for SUVs.
- Production of Fiat models (Viaggio, Ottimo) reached a peak of 70,000 units in China in 2014, all sold locally, then sales collapsed as of 2015.
- In India, production of Fiat models (Punto, Linea) reached a peak of 25,000 units in 2009, all sold locally, then sales declined constantly from 2011.
- The production of Jeep models under FCA control (Renegade, Compass, Cherokee) started in China in 2015 and India in 2017, and the level achieved in China in 2017 is very satisfactory, since it already exceeds 200,000 units, or a figure equivalent to that of Peugeot, but reached in just two years.
- In India, it is still too early to judge the performance of the Jeep brand. Nevertheless, the discontinuation of production of Fiat models in China and India, in addition to the recent Fiat production stop in North America, shows the growing disinterest for the Fiat brand from customers and FCA Group management.
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阅读全文... FCA stops production of Fiat models in China and India
Update on BYD electric bus factories around the world (excluding China)
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Update on BYD electric bus factories around the world (excluding China)
- The Chinese manufacturer of electric vehicles BYD has announced in recent years the construction of electric bus factories in several countries outside China. Inovev takes stock of the current situation:
§ Hungary: factory in the north of the country producing 400 electric buses per year
§ USA: factory in California (Lancaster) producing 300 electric buses per year
§ Canada: Ontario plant to open in 2018 to produce electric buses and electric trucks
§ France: plant under construction in Allonne (Hauts de France) which will produce 200 electric buses per year from summer 2018
- In total, the production of BYD electric buses will be around a thousand units a year, excluding China, and the desire of the OEM is now to expand these operations to the production of electric trucks, which could complement the manufacture of electric buses in the years 2020-2025.
- This strategy is similar to that of Tesla, which is preparing for the launch of an electric truck in 2020, while traditional manufacturers of thermal engine trucks are starting to take an interest in this type of engine; however to date there has been no major launch of this type of product.
- BYD ‘s further ambition is to invest the electric taxi world market.
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阅读全文... Update on BYD electric bus factories around the world (excluding China)