MG expands its European line-up with the MG 4
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MG expands its European line-up with the MG 4
- MG (a former British brand that has become a subsidiary of the Chinese group SAIC) has just presented its new MG 4 model, a battery electric C-segment crossover for the European market, in addition to the Chinese market where it is marketed under the name of Mulan. In Europe, this is the fourth battery electric model marketed by the brand, after the ZS (B-segment), MG 5 (C- segment) and Marvel (C-segment). MG is surfing on its growth in Europe as this brand is the most popular Chinese brand there (if we put aside Volvo, which is a Swedish brand under Chinese control). Remember that all MGs sold in Europe come from China.
- In the first five months of 2022, MG sold 35,000 cars in Europe out of a total of 58,000 Chinese cars sold on this continent. MG thus monopolizes 60% of Chinese car sales in Europe, thus demonstrating its dynamism against the 12 other Chinese brands present on the continent. This dynamism is based on its past as a British brand as sales in the United Kingdom alone represent 20,000 units, i.e. more than half of its European sales.
- The MG 4 is in the same segment as the Volkswagen ID3, Renault Megane E-Tech and Nissan Leaf. 4.29 m long, 1.84 m wide and 1.50 m high, the MG 4 is based on the MSP (Modular Scalable Platform) platform used by the battery electric models of the SAIC group, including the MGs, the Roewe and the Maxus. The MG 4 is equipped with a 54 kWh or 64 kWh battery, combined with a 170 hp or 204 hp engine, which allows a range from 350 km to 450 km on the WLTP cycle depending on the battery. The price of the MG 4 would be 30,000 euros.
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Inovev forecasts 75,000 units per year of the new Volkswagen Amarok pickup
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Inovev forecasts 75,000 units per year of the new Volkswagen Amarok pickup
- Recent industrial agreements between Ford and Volkswagen have notably led to the launch of a new generation of the Ford Transit Connect van based on the new Volkswagen Caddy, this van now being produced by Volkswagen in Poland (Poznan) and no longer by Ford in Spain (Valencia). These agreements will also enable the launch of new Ford electric vehicles based on Volkswagen's MEB platform from 2023. For Volkswagen, it allows the carmaker to give a replacement to its Amarok pickup, which was sold at more than 800,000 units since 2009.
- Produced in Argentina but also in Germany, the Amarok pick-up had surfed on the short fashion of pick-ups in Europe driven by the Toyota Hilux and Nissan Navara, but the collapse of pick-up sales in Europe had caused the end of the Amarok on the German assembly lines (Hanover).
- With a sales volume of 75,000 units per year on average, Volkswagen did not want to create a new pick-up from a scratch but use the platform, body and engines of the Ford Ranger pick-up. This one is a worldwide success with more than 3.1 million sales since 2009 (4 times more than the Amarok).
- The new Volkswagen Amarok will therefore no longer be produced in Hanover (Germany) but in Silverton (South Africa) in Ford plant, alongside the Ford Ranger which is also produced in Thailand, Argentina and the United States. Inovev is forecasting 75,000 units per year of the new Amarok, which will boost activity at the Silverton site, but the prospects for marketing this model in the United States remain practically low.
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The top 25 best-selling models in China in the first five months of 2022
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The top 25 best-selling models in China in the first five months of 2022
- The Chinese passenger car market is down 3.5% in the first five months of 2022, compared to the same period of the previous year with a volume of 8,126,145 units against 8,425,044 units. This drop is due to a catastrophic month of April (-43%) due to the consequences of yet another wave of Covid-19 which forced carmakers to close a large part of the country's automobile assembly plants. But market growth was observed as early as May.
- In this context, the ranking of the top 25 sales has changed significantly compared to last year. The GM-Wuling Mini EV takes the lead in the top 25 for the first five months of 2022, with 168,000 sales, which augurs for a volume of 400,000 units for the full year. The Volkswagen Lavida drops compared to last year, with 130,000 sales, followed by the Tesla Model Y (126,000 sales) which appears for the first time in the ranking. The Great Wall H6 SUV is fourth, with 113,000 sales, down sharply from 2021.
- Two medium sedans follow, the Nissan Bluebird Sylphy (109,000 sales) and the Toyota Camry (108,000 sales) which are ahead of the BYD Song PHEV SUV (104,000 sales) which appears for the first time in the ranking, competing the SUV Changan CS75 (96,000 sales) and Honda CRV (93,000 sales). The Tesla Model 3 is in tenth place, with 90,000 sales. It is not really competed by the Model Y as the Model 3 loses only 5,000 sales compared to last year.
- We also note the sharp drop of the Volkswagen Sagitar, Volkswagen Bora and Toyota Corolla.
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阅读全文... The top 25 best-selling models in China in the first five months of 2022
The Korean automotive market by segments and by body types
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The Korean automotive market by segments and by body types
- The Korean passenger car market fell by 9.3% in 2021 compared to 2020. The year 2022 will not bring any improvement as in the first five months, the volume of the passenger car (PC) market is in decline of 11.7% compared to the first five months of 2021.
- By segment, the D-segment remains the main segment of the Korean market, with 46% of registrations in the country, driven by the success of the Hyundai Sonata and its derivatives (including SUVs), as well as its successors. Nearly one in two cars sold in Korea is therefore D-segment.
- The C-segment represents 28% of the Korean market, at a stable level for ten years.
- The E-segment continues to progress and today reaches 17% of sales, showing a certain gentrification of the clientele, in particular those attracted by imported German cars.
- The A-segment is in parallel in free fall, at 7% of the market, its sales having been divided by two years ten years.
- Finally, the B and F segments only 1% each, which demonstrates that B-segment B practically does not exist in Korea.
- By body, SUVs have made a spectacular breakthrough over the past ten years, rising from 20% of the Korean market in 2012 to 47% in 2021, thus supplanting sedans (46%) for the first time. MPVs represent 7% of the market in 2021.
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Volvo will build an assembly plant in Slovakia
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Volvo will build an assembly plant in Slovakia
- The Swedish carmaker Volvo Cars (belonging to the Chinese group Geely) has announced that it will build a battery electric car assembly plant in Slovakia from 2023, on the Kosice site, in the east of the country. The plant is expected to start operating in 2026.
- This will be the carmaker third European plant, which already has a plant in Sweden (Gothenburg) and another plant in Belgium (Ghent) opened in the 1960s.
- The Kosice plant will be the third assembly plant opened in Europe between 2022 and 2026 by a car manufacturer, after Tesla in Berlin (Germany) and BMW in Debrecen (Hungary). The Tesla factory in Berlin started up a few weeks ago, while the BMW factory in Debrecen will open in 2025. It is not surprising that these three assembly plants are dedicated to battery electric vehicles, given the probable end of sales of combustion engine cars in 2035.
- Volvo plans a capacity of 250,000 electric vehicles per year at its future plant in Kosice. The carmaker did not specify what the impact would be on the production of its two other European factories, which are also being transformed to produce only electric vehicles from 2030. These two factories have a production capacity of 550,000 vehicles per year (300,000 in Ghent and 250,000 in Gothenburg) to which will be added 250,000 vehicles per year in Kosice.
- Volvo sold 700,000 vehicles worldwide in 2021, including 300,000 in Europe, 175,000 in China and 125,000 in the USA, with the carmaker having assembly plants in China and the United States. Volvo's goal is to sell 1,200,000 vehicles per year from 2025.
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