说明

发表于 2020年5月18日

• China
• Production
• Registrations
• PSA
• Changan

Inovev forecast 5,000 units per year for the new Peugeot Landtrek pickup

- The PSA group had announced in 2017 that it would launch in 2020 a one ton pick-up produced in China in partnership with the Chinese carmaker Changan. PSA is already associated with this local carmaker for the production of DS brand models.

- Since that date, Changan has stopped the production of the DS models, due a too low demand. However, the project of the pick-up based on a Changan model remained, so that the PSA group unveils recently a pickup, named Landtrek. This one ton pick-up is planned to be exported worldwide and to compete with the Nissan Navara, Ford Ranger, Toyota Hilux, Isuzu D-Max, Mitsubishi L200 and VW Amarok. PSA has also another pickup in its product portfolio, the Rich, developed by Dongfeng and produced in low series in Tunisia.

- The launch of the Landtrek matches with Mercedes’s decision to drop its Nissan Navara-based X-Class model (21,000 sales in three years, or 7,000 a year). Renault may also follow Mercedes in this direction because its Alaskan, also based on the Nissan Navara, has not exceeded 8,000 sales in three years.

- The decision to sell a mid-range pickup therefore proved to be risky for the PSA group, as this market is at the same time small in Europe, hyper competitive in North America and very concentrated. Indeed, the carmakers operating on this segment are a few numbers and have a long history, which makes them legitimate.

- Note: this analysis and the related forecast have been constructed before the COVID-19 crisis.
The objective is to provide objective information regarding the activities of carmakers

    

 

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阅读全文... Inovev forecast 5,000 units per year for the new Peugeot Landtrek pickup

说明

发表于 2020年5月18日

• Production
• Registrations
• PSA

The new Citroën AMI will try to develop BEVs on a niche market

- Faced with the offensive of coming small A segment Battery Electric Vehicles (BEVs), such as the Smart Fortwo, Smart Forfour, Renault Twingo ZE, Volkswagen e-Up, Seat Mii Electric, Skoda Citigo Electric, Fiat 500 e, Citroën has just unveiled its own interpretation of a small electric urban electric car, the AMI. AMI is not a new model name in the history of Citroën, as it was the name of an old small sedan with thermal engine marketed in the 60s (Ami 6) and 70 (Ami 8).

- Directly derived from the AMI ONE CONCEPT presented at the 2019 Geneva Motor Show, the new Citroën AMI comes in the form of a small two-seat, two-door vehicle. With 2.41m long, 1.39m wide and 1.52m high, the vehicle is more compact than a Smart Fortwo with which it can identify most. It has a 100% electric motor derived from other electric motors mounted on PSA vehicles (such as the Peugeot e-208, DS 3 CrossbackE-Tense...) but does not exceed 45 km/h and therefore can be driven without a driving licence.

- The battery capacity allows a range of only 70 kilometres(WLTP cycle), a distance deemed sufficient by the carmaker for a certain type of urban driver. The AMI vehicle would be offered at a price close to 6,000 euros (while a Smart Fortwo EQ is worth 23,000 euros) which makes it a truly low cost vehicle. It could also be used for car sharing in the Free2Move network. For the moment, it is impossible to predict a volume of sales for this model, because this one opens up a whole new market and it is not sure that the customers validate this type of vehicle.

- Indeed, PSA is trying to develop a niche market, which is quite popular in China: The Low Speed Electric Vehicle (LSEV) category. These small size vehicles are characterised by a short range(< 100 km), low speed (50~70km/h), low price, smaller battery and less biding crash test requirements. This category is quite popular in China in rural areas and urban suburbs (especially in the Shandong province) due to the fact that LSEV may be driven without a driver's license in many parts of China. 

    

 

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阅读全文... The new Citroën AMI will try to develop BEVs on a niche market

说明

发表于 2020年5月18日

• China
• Registrations

The Chinese market collapsed by 42,4% in the first quarter of 2020

- Due to the coronavirus crisis, industrial and commercial activity slowed down considerably in China during the first quarter of 2020. Consequently, the Chinese vehicle market (PC+UV) suffered and fell by 20% in January, more than 80% in February, and more than 43% in March, compared to the same months one year ago. Totally, during the first quarter, the Chinese market decreased by 42%.

- The Chinese Association of Automobile Manufacturers (CAAM) expects that the Chinese auto market will recover significantly in the second quarter but it is too soon to clearly foresee the consumers reaction after the crisis.

- The most affected region are the ones where strict quarantines where imposed by the Chinese government and also the most populated and the richest: Wuhan, Beijing, Shanghai and Guangzhou.

- All non-essential business activity has been cut off across much of the country and as a result car sales have come to a virtual halt. Automobile factories are the first to be affected, but as a ripple effect, many foreign automobile factories are also impacted, in particular because a part of their components comes from Chinese suppliers or from foreign suppliers established in China.

- The factories in China has restarted very gradually, from mid-March in the best of cases, because there are many logistical and supply chain issues to be resolved, as well as the difficulties of returning to work for employees. March production (-44,5%) showed lower decreasing rates compared with those in February (-80%).

- Dealers will also gradually resume operations but certainly lost sales will not be cached up easily, despite government support and the possible purchase of a second vehicle in households, in order to avoid public transport.

 

    

 

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阅读全文... The Chinese market collapsed by 42,4% in the first quarter of 2020

说明

发表于 2020年4月06日

• Production
• Registrations
• GMHyundai-Kia
• USA

GM remains the fourth largest carmaker in 2019

- The GM group (Chevrolet, Buick, GMC, Cadillac, Baojun, Wuling) published its sales figures for the year 2019. Its world sales fell to 7.47 million units against 8.38 million in 2018, which represents a decrease of 10.9% and a loss of 910,000 units over one year.
This decline is mainly due to the fall of sales in China last year (-27% representing a loss of 770,000 units) but GM saw also its sales fall in other markets (-75,000 sales in the United States, -30,000 units in Canada and  -15,000 in Korea). This significant decline by the GM group follows a comparable drop recorded in 2018, consequence of the sale of its European brands to PSA. In two years, the American carmaker is far from the first carmakers and fall to the level of Hyundai-Kia, but retains its fourth place.

- GM group's global sales in 2019 break down:

1. China remains its main market, with 3.26 million vehicles, or 43% of its world sales, thanks to Baojun and Wuling.

2. USA remains its second market, with 2.88 million vehicles, or 38% of its world sales.

3. Brazil remains its third market, with 475,000 vehicles, or 6% of its world sales.

- These three markets represent 87% of the GM group's global sales in 2019, which are divided into 3.65 million units for Chevrolet, 1.10 million units for Buick (80% registered in China), 657,000 units for GMC, 385,000 for Cadillacs. On the Chinese market, Baojun sold 604,000 units and Wuling 1.08 million.

- The GM group's best-selling model in 2019 is the Chevrolet Silverado pickup (553,000 units).

    

 

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阅读全文... GM remains the fourth largest carmaker in 2019