PSA reduces its production capacity in Great Britain
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PSA reduces its production capacity in Great Britain
- The PSA group will proceed to lower its production capacity on the Vauxhall site at Ellesmere Port. For many years, this site has been manufacturing part of the Opel Astra distributed in the European market and in Overseas markets.
- Thus, in 2016, 118,000 Astra were produced on the Ellesmere Port site, of which 23,000 for the British market and 2,000 for Ireland, the rest being distributed throughout the European continent and on foreign markets, except Russia and Ukraine where Opel has ceased its presence. The Ellesmere Port site has manufactured 80,000 Astra over the first 8 months of 2017.
- In comparison, the other European factory that manufactures Opel Astra, that of Gliwice in Poland, manufactured 187,000 units in 2016 and 120,000 units in the first 8 months of 2017.
- The strategy of PSA observed in recent years is to gradually concentrate the production of the same model in a single factory. PSA may do the same with the Opel Astra at the Gliwice plant. This site has a production capacity of 200,000 vehicles per year, but would need to increase to 300,000 units per year to reach the volume of all Astra produced in Europe in 2016.
- Before PSA took over Opel / Vauxhall, the GM group planned to close the Ellesmere Port and Luton plants by 2020. PSA, however, has committed to maintaining these plants. In the case of a transfer of the Opel Astra to Poland, the French group will have to produce another model or close the plant regardless.
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Chery could be sold to a private Chinese group
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Chery could be sold to a private Chinese group
- Chinese automaker Chery was one of the most promising OEMs in the country a decade ago, thanks to an ambitious international strategy. Established in 1997, Chery began car production in 1999 and exported its first models in 2001. The manufacturer signed agreements with Iran in 2003, Egypt and Malaysia in 2004, Russia in 2005, Indonesia in 2006. In 2007, Chery signed an agreement with Fiat to produce Fiat and Alfa-Romeo in China. The same year, Chery becomes the second largest independent Chinese automotive manufacturer behind Changan.
- But since that date, Chery has experienced a number of setbacks. Exports are stalling, the agreement with Fiat has failed to yield any benefits, the proliferation of brands within the group is not pertinent, the creation of the Qoros brand in 2013 has resulted in very limited sales, sales of the city QQ - Chery's flagship model – are eroding year by year, the product range policy seems inappropriate, as does the expansion of its production capacity. In short, Chery’s market share is shrinking and its debt increasing, with the result that the manufacturer finds himself in 2017 in 6th place among the independent Chinese manufacturers, and 13th place among all Chinese manufacturers. Chery will produce as many cars in 2017 as in 2010, while at the same time Geely’s production tripled and that of Great Wall has been multiplied by two and a half. To get out of this delicate situation, Chery could be sold to a private Chinese group. Apparently the Baoneng group would be interested.
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The top selling 100% electric cars in the USA over the first 9 months of 2017
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The top selling 100% electric cars in the USA over the first 9 months of 2017
- 100% Electric Cars (BEV) sold 73,333 units - 0.6% of the US market (PC + LCV) - in the USA in the first 9 months of 2017.
- This volume does not reach yet 1% of the market, even if this percentage is reached and even exceeded in the State of California.
- 100% electric cars still suffer from an autonomy deemed too low by a majority of potential customers (although this autonomy progresses as new models are launched).
- In addition, these vehicles struggle for volume in a market where gas prices remain low and demand is concentrated on large pickups and SUVs. Yet the offer of 100% electric vehicles in this category is almost non-existent. As a result, the market share of 100% electric vehicles is lower in the USA (0.6%) than in Europe (0.8%).
- In the first 9 months of 2017, the Tesla Model S is the leader in this market (18,200 sales), ahead of Tesla Model X (15,600), Chevrolet Bolt (14,302), Nissan Leaf (10,740) and BMW i3 (4,635).
- Tesla occupies 46% of the US electrical market in 2017, compared to 54% in 2016. This drop is due to the arrival of the Chevrolet Bolt in this market. Its share went from 0% in 2016 to 20% in 2017.
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The top selling hybrid cars in the US on 9 months 2017
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The top selling hybrid cars in the US on 9 months 2017
- Hybrid cars sold 279,179 units - 2.2% of the US market (PC+ LCV) - in the USA in the first 9 months of 2017. Sales of hybrid cars have declined in the United States over the past four years. In 2013, sales were at 500,000 hybrid cars in this market, 450,000 units in 2014, 380,000 units in 2015 and 350,000 units in 2016.
- The drop in the price of gasoline and the increase in demand for large pickups and SUVs have probably not favored the purchase of this type of vehicle with an ecological connotation. Even more so given that at the same time, plug-in hybrid and electric cars (their sales went from 100,000 in 2013 to 160,000 in 2016) lured customers away from hybrids. But this market seems to be recovering: more hybrids should be sold in 2017 than in 2016 (about 370,000 units).
- In the first 9 months of 2017, the Toyota Prius is the leader in this market (68,265 sales), ahead of the Ford Fusion (44,677), Toyota RAV4 (36,352), Kia Niro (20,670) and Honda Accord (17,430).
- The Toyota Group (Toyota, Lexus) today has a dozen different hybrid models in the US market and has a 54% share of the US hybrids market in 2017 versus 70% in 2016. This drop is due to the arrival of Hyundai-Kia in this market. The Korean group has 14% of the US hybrid market in 2017 compared to 7% in 2016.
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The top selling hybrid plug-in cars in the USA over the first 9 months of 2017
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The top selling hybrid plug-in cars in the USA over the first 9 months of 2017
- 65,753 plug-in hybrid cars - 0.5% of the US market - (PC+LCV) were sold in the USA in the first 9 months of 2017. Sales of plug-in hybrids are increasing globally in the US market, as the expected volume in 2017 is about 87,500 sales, compared to 72,500 in 2016 and 42,000 in 2015. However, these cars are still under 1% of the market, and the share of plug-in hybrids is thus lower in the USA than in Europe (0.75%).
- American manufacturers have few models with this technology, with 4 models available (Chevrolet Volt, Ford Fusion, Ford C-Max, Chrysler Pacifica), but reached 48% of the market of plug-in hybrids in the US market in 2017, relative to 67% in 2016. The German manufacturers offer 13 models available (Audi A3, BMW 3 Series, BMW 5 Series, BMW 7 Series, BMW X5, BMW i8, Mini Countryman, Mercedes C Class, Mercedes E Class, Mercedes S Class, Mercedes GLE, Porsche Cayenne , Porsche Panamera) but have only 22% of the market of plug-in hybrids in the US market in 2017 against 22% in 2016. Toyota has progressed the most : 23% in 2017 versus 3% in 2016.
- In the first 9 months of 2017, the Chevrolet Volt is the leader in this market (15,348 sales), ahead of the Toyota Prius Plug-In (15,056), Ford Fusion Plug-In (7,285), Ford C-Max Plug-In (6,612), BMW X5 Plug-In (3,259) and BMW 3 Series Plug-In (2,994).
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