China

  • Inovev forecasts 50,000 units per year of the new Citroen C4 X

    Inovev forecasts 50,000 units per year of the new Citroen C4 X
    - Citroen(one of the fourteen brands of the Stellantisgroup) has unveiled the new C4 X(codeC43) which succeeds theC-Elysee.Indeed, while the C4 is a C-segmenthatchback, the C4 X is a C-segment sedan like the CitroenC-Elysée. This type of body is particularly popular in Southern(Spain,Portugal,Italy,Greece) and Eastern(CzechRepublic,Slovakia,Hungary,Poland,Romania) Europeancountries. It is also appreciated in South American and Chinese markets which could welcome this model nextyear. As itstands, the Citroen C4 X could compete with the Renault Arkana in the samecategory.
    - In terms ofdimensions, the Citroen C4 X is positioned in thecarmakers’ range between the C4(4.36m) and the C5 X(4.81m).Also inprice, the C4 X will be between the C4 and the C5 X while the C-Elysée was cheaper than theC4. Like many othermanufacturers, Citroen is taking advantage of the launch of a new model to substantially increase itsprices.
    - The C4 X is based on the same CMP platform as theC4, and like theC4, it will be available in a thermal version(1.2petrol, 1.5diesel) and in a battery electric version which has a range of 350kilometers.
    - The C4 X will be produced in the Spanish plant ofVillaverde, alongside theC4, at the rate of 50,000 units per year according toInovev. InChina, the C4 X could be produced at 25,000 units per year at the Wuhansite. It would thus succeed C-Elysée andFukang. Citroen on itsside, is aiming for a production of 120,000 cars produced per year inVillaverde, including 80,000 C4 and 40,000 C4X.
     
       
     

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  • Inovev plans 100,000 units of the new Peugeot 408

    Inovev plans 100,000 units of the new Peugeot 408
    - Peugeot (a subsidiary ofthe Stellantisgroup) has just unveiled its new 408 saloon(codeP54),which, as its namesuggests, fits between the 308(segmentC) and the 508(segmentD). We can therefore say that the 408 is located between segment C and segmentD, with a length of 4.69 m(6 cm less than a 508 and 32 cm more than a308), a width of 1.86 m and a height of 1.48m.
    - Its modern design brings it closer to the Citroën C5X and could quickly outmode the508. Sold in Europe andChina, like theC5X, it will be produced both in Europe andChina, unlike the C5X which is only produced in inChina.
    - InChina, the 408 will also be called 408X because there is already a very recent 408 on this market(it is a 308notchback).
    - The Peugeot 408 announces a Cd of0.28, much better than that of the 3008 and 5008SUVs. Compared to the 308 with which it shares the EMP2platform, the 408 is larger inside because it benefits from the elongated from the 308 SW stationwagon.
    - Its engines ignore thediesel,since they consist of a 3-cylinder 1.2 petrol engine with 130 hp and a 1.6 petrol rechargeable hybrid with 180 hp or 225hp, although rechargeable hybrid engines will have to be prohibited from the sale from2035. A100% electric version is planned for2023, like the 308 with which it will share theengine.
    - The Peugeot 408 by its positioning does not really have arival, except perhaps the Citroën C5X of segmentD, the DS4 of segment C or the Renault Arkana of segmentC.The Peugeot 408 will be produced on the French site of Mulhouse and on the Chinese site in Chengdu(Dongfeng) at the rate of 100,000 units intotal, including 75,000 in France and 25,000 inChina.
     
       
     

    Contact us:info@inovev.com

  • NIO launches production of a new 100% electric SUV

    NIO launches production of a new 100% electric SUV
    - NIO is a Chinese car manufacturer founded in 2014 which specializes in the development and production of 100% electric vehicles. It is a subsidiary of the Next EV group that participates in the championship of electric single-seaters of Formula E and which presented a 1390hp electric supercar called EP9 last year.
    - NIO announces the launch of its new model, the ES8 SUV, which will begin marketing this monthand of the establishment of 1,100 charging stations to accompany its release in China. It must be said that with a range of 355 km according to the NEDC cycle, the 100% electric SUV will need these stations to cover long distances.
    - This rather modest autonomy is explained by the battery capacity, limited to 70 kWh, 5 kWh less than the Tesla Model X,which claims 417 km of autonomy. Its sports car type performance does not help the autonomy of the vehicle either. NIO announces indeed a power of 653ch, enough to allow a 0 to 100 km / h in 4.4 seconds. Failing to go really far, the NIO ES8 can at least go really fast.
    - NIO took the opportunity to announce  the ES8 prices for the Chinese market. They will begin at 448,000yuan or about 57,000 euros. For comparison, a Tesla Model X costs twice as much in this market!
    - No sales or production forecasts have been provided by the manufacturer.
       
     

    Contact us:info@inovev.com

  • Opel abandons plans to return to China

    Opel abandons plans to return to China
    - The German firm Opel, which was acquired from the GM group (with its British branch Vauxhall) by the PSA group in 2017, was integrated intothe Stellantis group at the time of the merger between PSA and FCA in2021. Due to its past membership of the GMgroup,Opel has never been able to develop on markets outside Europebecause of the preference given to the Chevrolet brand on thesemarkets.Worse, Opel had to follow Chevrolet's withdrawal strategy in Russia andUkraine. Inshort, Opel concentrated its sales and production on the European continentexclusively.
    - Within the PSAgroup, which bought it in2017, Opel continued to focus on the Europeanmarket, especially in Germany and England where the brand(and its subsidiaryVauxhall) had always achieved its best sales(half of itssales).
    - The situation became more difficult from2021, the date of the PSA merger withFCA, where Opel found itself in the same market segment asFiat. The strategy of the Stellantis group then consisted of repositioning the Opel brand between Fiat andPeugeot, by a slight move upmarket and repositioning Fiat in the entry-level category withCitroën.
    - This new positioning had prompted Opel's management to consider marketing its models inChina, the world's leading automotivemarket, but given the difficulties encountered by the Stellantis group in this market(the manufacturer has just stopped sales of Jeep ), the lack of notoriety of the Opel brand inChina,the German brand preferred to abandon its project and consider establishing itself in othermarkets.
     
       
     

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  • SAIC sold 4.5 million vehicles in 2012

    SAIC sold 4.5 million vehicles in 2012
    - SAIC is a Chinese group which owns mainly Joint-Ventures(JV) branches with  Western carmakers (VW ad GM) but develops alsoits own brands. Vehicles produced by  the JV branches  may be counted by analysts as SAIC vehicles or as GM and VW vehicles. It is  important not to count these vehicles twice.
    - SAICsold 4.5 million vehicles in 2012(+ 12% versus 2011),of which 350,000 in the month of December (7% versus same month of last year).Last month, Shanghai-VW sold 75,000 vehicles (- 28.7%), Shanghai-GM 111 000 (37.9%), SAICRoewe MG-25000 (+ 48.7%), SAIC-GM 127000-Wuling (+10.6%).
    - Lastyear,Shanghai-VW and Shanghai-GM, the  two main JV branches of SAICsold 1.28 million and 1.39 million vehicles,respectively.
    - SAICRoewe MG-sold 370,000 vehicles during the sameperiod.
    - SAIC-GM-Wulingsold on its side 1.46millionvehiclesin 2012 (+ 12%),including 1.35million minibus and minivan under the brandWuling and 110,000 cars under thebrandBaojun.

    Note:Volkswagenvehiclessold byShanghai-VW totaled 1.05 million units last year (+11%), while sales of Skoda brand vehicles increased 4.5 % to 230 000 units. There is no Audi brand vehicles sold by Shanghai-VW.
     

    13-02-9

  • Stellantis and Dongfeng decide to end their partnership

    Stellantis and Dongfeng decide to end their partnership
    - TheStellantis Group, the result of the merger of the PSA (Peugeot-Citroën) and FCA (Fiat-Chrysler) groups in 2021, has decided to end its collaboration with the Chinese carmaker Dongfeng, with whom PSA had been working for around 30 years.
    - This collaboration had been beneficial until 2014, a record year in which 750,000 PSA vehicles were produced by Dongfeng in China, after twenty years of uninterrupted growth (except for 2008). However, due to competition and marketing mistakes, this trend reversed from 2015. The decline of PSA production in China accelerated from 2016,with less than 100,000 PSA Group cars produced by Dongfeng in China in 2020.The establishment ofStellantis in 2021 did not really improve the situation. There was no real upturn in 2021 and 2022. At the same time, Dongfeng gradually withdrew fromStellantis' capital, from 6.1% to 3.2% in 2022, with the remaining shares to be sold in 2023.
    - On the FCA Group side, the situation was no better. Its production in China has always been very weak and ended in 2022 with the bankruptcy of the joint venture with the Chinese GAC Group that produced Jeeps.
    - Taken together, these difficulties convincedStellantis' management to finally abandon the Chinese market (the largest automotive market in the world) andfocus on the European and American markets, where theStellantis Group has 19% and 12% of registrations (cars+LUVs), respectively, while it has only a 0.6% market share in China.
    - Stellantis could therefore stop producing cars in China from 2024 or 2025.
     
       
     

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