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Market Analyses

Inovev publishes around 300 market analyses
per year.

Two analyses are provided free of charge twice a month.

Here below you can view the titles, extracts and thumbnails relating to the 2 current analyses.
Upon registration, you can download the two full analyses
(i.e. around 50 free analyses per year as they are renewed twice a month).

The production of light vehicles in Europe should increase by 4,5% in 2023 and 4,8% in 2024
08 March 2023
- We have already seen that production volumes in Europe have declined by 5% by 2022, following the trend of the European automotive market (-6% for passenger cars and light utility vehicles, of which -4% for passenger cars). By definition, the production volume of a region is the market volume of that region plus exports as well as possible restocking of depleted inventories. According to Inovev, the growth of the European market will be around 1% in 2023 and restocking is expected to increase. Export levels should remain stable, because even if there are concerns about support for local production in the United States in particular (1st export market for Europe), the effects should not be felt at the short term.

- Consequently. European production growth in 2023 can be assumed to be in the order of 4.5%. The production volume of passenger cars and light utility vehicles in Europe will therefore be 12,975,000 vehicles in 2023, compared to 12,422,138 in 2022, far from the figures reached between 2015 and 2019, when more than 17.5 million vehicles were produced per year, a level that will probably never be reached again. For 2024, Inovev forecasts a growth of 4.8% and a volume of 13,599,750 vehicles produced in Europe.

- For battery electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs), Inovev estimates that 9% of BEVs were produced in Europe and 6% PHEVs in 2022. For 2023, Inovev forecasts 11% BEVs and 8% PHEVs and 13% BEVs and 9% PHEVs in 2024.
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Automobile production in Germany did not exceed 3.8 million units in 2022
22 February 2023
- The production volume of light vehicles (PC+LUV) in Germany remained at the level of 6 million units per year for a long time (between 2005 and 2008 and between 2011 and 2017). From 2017, this volume has gradually collapsed, going from 6 million units in 2017 to 5 million in 2018, 4 million in 2019 and 3.5 million in 2021. The year 2022 marks a slight increase but not beyond 3.8 million units.

- What explains this drop in automobile production in Germany? First, its top market – Germany – has fallen by one million units since 2019, from 3.5 million passenger vehicles to 2.5 million. Then, carmakers drastically reduced their exports to China to produce directly in this country. Also, relocations (which began later than those of France) to the countries of Eastern Europe and Mexico have played a significant role. The VW T-Roc that took 200,000 Golf customers every year is produced in Portugal, not Germany. The weakening of Opel and Ford also contributed to the decline of the German automobile industry. Finally, the policy of German carmakers to engage in high-end electric vehicles, which are therefore expensive, has harmed German production, which was therefore focused in smaller volume but at much higher prices.

- This policy is part of a broader strategy of European carmakers to produce fewer cars but more expensive (the switch from the VW Passat to the electric VW ID7 is a typical case). Last point, the electric VW ID3 produced in Germany did not reach its objectives which were twice as important as its current sales.
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The 20 largest car carmakers in the world in 2022	08 March 2023
The 20 most produced vehicles in the world in 2022	08 March 2023
The production of light vehicles in Europe should increase by 4,5% in 2023 and 4,8% in 2024	08 March 2023
Car production in Spain in 2022 did not exceed 1.9 million vehicles	08 March 2023
Ford Group sold 3.7 million vehicles in 2022	08 March 2023
Stellantis Group has sold 5.8 million vehicles in 2022	08 March 2023
GM Group sold 6 million vehicles in 2022	08 March 2023
The Fiat 500e was the most produced electric car in Europe in 2022	08 March 2023
What are the current status of VW and GM in China?	08 March 2023
Chinese car sales in Europe by country and brand in 2022	08 March 2023
Automobile production in Germany did not exceed 3.8 million units in 2022	22 February 2023
Automotive production in France did not exceed 1.3 million units in 2022	22 February 2023
The brands that suffered the most from electrification in China in 2022	22 February 2023
The Honda group remains the world's seventh largest carmaker in 2022	22 February 2023
The Hyundai-Kia group became the third largest carmaker in the world in 2022	22 February 2023
The Fiat Panda remains the most produced vehicle in Italy in 2022	22 February 2023
The Opel Corsa is the most produced vehicle in Spain in 2022	22 February 2023
The Mini is the most produced vehicle in the UK in 2022	22 February 2023
Sales of BEV and PHEV in Europe (29 countries) in 2022	22 February 2023
Global production of vehicles increased by 4% in 2022	22 February 2023


	Data Tables & Charts

Market Data Tables

Inovev has created and updates continuously a comprehensive database related to quantities of vehicles produced and sold in the world.

Upon registration you can download free of charge two extracts updated each month.

Extract #1

Main features		Sample
- Content: Production data of passenger cars and utility vehicles detailed by country and carmakers - Geographical scope: Worldwide - Time coverage: Past (yearly) and current year (monthly) - Updates: Monthly		Click on the image to download an Excel sample file

Extract #2

Main features		Sample
- Content: Registrations data of passenger cars and light utility vehicles detailed by country and carmakers - Geographical scope: Europe - Time coverage: Current year (monthly) - Updates: Monthly		Click on the image to download an Excel sample file