The Renault-Volvo agreement on vans could be reviewed
- 说明
The Renault-Volvo agreement on vans could be reviewed
- The agreement between Renault and Volvo Trucks on the design, production and marketing of battery electric delivery vans of Flexis design could be reviewed as the two parties no longer seem to agreed on their cooperation.
- This agreement between Renault (45% ofFlexis ' shares ), Volvo Trucks (45% of Flexis ' shares ) and the logistics company CMA CGM (10% of Flexis ' shares ), made it possible to launch a whole new generation of battery electric vans under the Renault and Volvo Trucks brands, featuring the distinction of integrating the batteries into the chassis, thus offering a perfectly flat floor.
- Three Renault-badged models were planned (Estafette, Trafic, Goélette), one of which was recently unveiled (Trafic), as well as three Volvo Trucks-badged models ( Step-in Van, Cargo Van, Panel Van). Flexis estimated the market for these three vehicles at 15,000 units in the first three years, while Inovev projected 25,000 units by 2030 for the entire Renault and Volvo Trucks range.
- Today, the battery electric light commercial vehicle market represents 10% of the total light commercial vehicle market , equivalent to approximately 180,000 vehicles out of a total of 1.8 million light utility vehicles sold in Europe (30 countries: EU + UK + Switzerland + Norway) throughout 2025. While this battery electric light commercial vehicle market did grow by nearly 67% in the first nine months of 2025, it is significantly behind the European Commission's directive. This growth in 2025 only slightly reduces the gap to the targets.
- Flexis ' market share over the next three years in the entire European market for battery electriclight utility vehicles : 2.5%.
The European light utility vehicle market declined by 8.5% over the first nine months of 2025
- 说明
The European light utility vehicle market declined by 8.5% over the first nine months of 2025
- The European market for light utility vehicles (30 countries: EU + UK + Switzerland + Norway) suffered a decline of 8.5% in the first nine months of 2025, to 1,355,508 units compared to 1,481,637 in the first nine months of 2024.
- When comparing these figures with those of the European passenger car market, we observe that the LUV market is in negative territory over nine months, while the passenger car market is stable over the same period.
- It is noted that five major countries account for nearly 75% of European LUV sales in 2025: France (264,366 units in the first nine months of 2025, -8.3% compared to 2024), the United Kingdom (241,783 units, -9.9%), Germany (196,739 units, -6.0%), Italy (141,418 units, -6.1%) and Spain (138,628 units, +13.3%).
- It's worth noting that France is the European country that buys the most light utility vehicles (265,000 units) because it benefits from a vehicle category that is not very popular in other countries: sedans and SUVs with reduced tax rates, adapted for transporting goods and integrated into the LUV category. These models represent 12.5% of the French LUV market (33,000 units).
- By engine type, diesel models still account for the vast majority of LUV sales in Europe during the first nine months of 2025, at 82%. Petrol models represent only 5% of LUV sales in Europe over the same period. Battery electric models reach just 10% of LUV sales in Europe during this period, half the share of passenger cars. The remaining 3% comprises plug-in and full-hybrid LUVs.
The European car market will grow by approximately 2% in 2025
- 说明
The European car market will grow by approximately 2% in 2025
- The European passenger car market (30 countries: EU + UK + Switzerland + Norway) is expected to grow by around 2% in 2025 compared to 202, with its growth rate accelerating since last summer. The European market should therefore exceed 13 million cars sold for the first time since 2019, reaching approximately 13.1 to 13.2 million units.
- However, the European passenger car market will still not have recovered its record levels of more than 15 million units per year recorded between 2016 and 2019 by 2025. The 2025 level is closer to the volumes reached in 2014, the 2015 volume already being more than 14 million units.
- With the sharp rise in vehicle prices observed over the past three years and the laborious energy transition between internal combustion and electric vehicles , the levels of 2016-2019 will be difficult to reach again by 2030.
- The Volkswagen Group will remain the market leader (27%), up 5% compared to 2024, ahead of the Stellantis Group (15%), down 5%, and the Renault Group (10%), up 7%. They are followed by the Hyundai-Kia Group (8%), down 3%, the BMW Group (7%), up 6%, the Toyota Group (7%), down 7%, the Mercedes Group (5%), down 2%, and the Ford Group (3%), down 1%. Chinese brands will occupy 8% of the European market by the end of December.
The GM group has ceased producing BrightDrop electric pickup trucks
- 说明
The GM group has ceased producing BrightDrop electric pickup trucks
- The GM group ceased production of BrightDrop electric vans in May 2025 primarily due to much lower than expected demand which led to underutilization of the CAMI plant in Canada (Ontario) aggravated by the end of certain tax incentives in the United States, which made the model economically unviable.
• The market for electric delivery vans has not experienced the growth anticipated by the GM group. Despite initial interest from major companies such as FedEx and Walmart, orders have not met expectations.
• The Canadian plant (which formerly produced Suzuki models) was operating well below capacity, increasing operating costs. Production therefore ceased in May 2025, after 23,000 units had been produced since January 2024.
• The elimination of tax credits in the United States and the evolution of trade rules have reduced the attractiveness of the model.
- Consequences:
• For the GM group: a step back in its strategy to sell electric utility vehicles, with a reallocation of investments towards other market segments.
• For Canada: the CAMI plant in Ingersoll is plunged into uncertainty, putting more than 1,200 jobs at risk.
• For the market: the slowdown in sales of electric utility vehicles illustrates the challenges of the energy transition in commercial transport, where costs and the lack of incentives are hindering adoption.
- In summary, GM ended the BrightDrop experiment because the market wasn't ready, tax incentives disappeared, and the plant couldn't operate profitably.
The US automotive market will grow by approximately 2% in 2025
- 说明
The US automotive market will grow by approximately 2% in 2025
- The US automotive market (passenger cars + light commercial vehicles including pickup trucks) is projected to grow in 2025 compared to 2024, but its growth rate has been slowing month by month since last summer: +4.2% at the end of August, +3.9% at the end of September, +3.3% at the end of October, and +2.4% at the end of November. At this rate, the US automotive market's growth is expected to be limited to approximately +2% for the entire year.
- The European car market (30 countries = EU + UK + Switzerland + Norway) is expected to see similar growth throughout 2025, but this is purely coincidental. The Chinese car market (the world's largest) will experience significantly stronger growth in 2025, around 12%.
- Regarding the US car market, it is expected to settle at 16.3 million units in 2025, which is less than during the years 2014-2019, where annual registrations were between 16.5 and 17.5 million units.
- The GM group will remain the market leader (17%), up 7% compared to 2024, ahead of the Toyota group (15%), up 8%, and the Ford group (13%), up 5%. Next come the Hyundai-Kia group (11%), up 8%, the Honda group (9%), up 2%, and the Stellantis group (8%), down 5%, with a 30% drop in Dodge sales weighing heavily on Stellantis' results. Tesla (4%), down 4%, performs worse than the Nissan group (6%) or Subaru (4%) but on par with the Volkswagen group (4%). The Big Three's market share falls below 40% in 2025.