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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).

India's automobile exports increased 17.8% in 2022
18 September 2023

- India's automobile exports increased 17.8% in 2022 from 2021 to 733,183 units, recovering for the second consecutive year. The decline in the impact of the Covid-19 pandemic and the normalization of domestic production activities have led to a recovery in exports. As a result, carmakers Maruti-Suzuki, Kia, Renault and Honda recorded good export results in 2022. Thus, Maruti-Suzuki exported 260,000 cars in 2022 compared to 205,000 in 2021, Hyundai exported 150,000 cars in 2022 compared to 130,000 in 2021, Kia exported 80,000 cars in 2022 compared to 40,000 in 2021. These three carmakers alone will account for two thirds of Indian automobile exports in 2022.

- Passenger car exports increased by 20.0% to 644,875 units. Sedans increased by 18.0% to 415,547 units while SUVs and MPVs increased by 23.8% to 228,801 units. Meanwhile, exports of utility vehicles increased by 3.9% to 88,308 units, including light utility vehicles (LUV) which increased by 12.1% to 61,454 units, but heavy utility vehicles (HUV) fell 11.0% to 26,854 units.

- When we look at the curve of Indian automobile exports since 2011, we see that they continued to progress between 2011 and 2016, going from 600,000 units in 2011 to 850,000 in 2016. Then they declined between 2017 and 2020, going from 850,000 to 450,000 units in 2020, the year of Covid-19. The relaunch took place in 2021 with a volume of 625,000 units exported and this relaunch continued in 2022, with a volume of 733,000 units exported. These variations are mainly the consequence of external demand.

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The fall in production of the 3 large traditional Chinese manufacturers is confirmed
14 September 2023

- The three large traditional Chinese manufacturers (SAIC, FAW, Dongfeng) which mainly produce for foreign manufacturers (Volkswagen, GM, Toyota, Honda, Nissan) have seen their production decline sharply since 2017-2018.

- The SAIC group which produces Volkswagen and GM went down from 6.8 million vehicles produced in 2017 to 4.5 million in 2023 (Inovev forecast), due to the continued fall in sales of Volkswagen and GM on the Chinese market. Its own brands Roewe, MG and Maxus only offset a very small part of this fall.

- The FAW group which produces Volkswagen and Toyota only experienced its first decline in 2023 (2.8 million vehicles produced compared to 3.6 million in 2022 according to Inovev forecasts) due to the fall in sales of Volkswagen has so far been partly offset by increased sales from Toyota.

- The third large traditional Chinese group, Dongfeng, has experienced a constant decline since 2017. From 3.7 million vehicles produced in 2016, its production volume fell to 2.7 million in 2020 and 1.9 million in 2023 (Inovev forecasts). Dongfeng is suffering from falling sales of Peugeot, Citroën, Renault, Nissan, Honda and Kia. In 2023, Dongfeng will fall behind Geely and be on par with Changan, which has nevertheless suffered from the fall in sales of the Ford it produces.

- The only extremely positive case is the manufacturer BYD which went from 417,000 vehicles produced in 2020 to 738,000 in 2021, 1,866,000 in 2022 and undoubtedly more than 2.5 million in 2023 (Inovev forecasts), thus following FAW.

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Dongfeng brand to focus on utility vehicles	18 September 2023
Denza becomes BYD's premium brand	18 September 2023
Inovev forecasts 300,000 units per year of the new Toyota Land Cruiser SUV	18 September 2023
Inovev forecasts 50,000 units per year of the new Mercedes CLE coupe	18 September 2023
India's automobile exports increased 17.8% in 2022	18 September 2023
Exports of vehicles made in Thailand increased by 4.3% in 2022	18 September 2023
Indonesia's automobile exports in 2022 reached 473,602 units, up 60.7%	18 September 2023
South Korea's automobile exports increased by 12.7% in 2022	18 September 2023
Sales and production of electrified vehicles are on the rise in major Asian markets	18 September 2023
China's vehicle imports fell by 18% in 2022	18 September 2023
Inovev plans 75,000 units per year of the new Smart #3	14 September 2023
Inovev plans 50,000 units in 2027 and 70,000 in 2030 of the new Renault Scenic E-Tech	14 September 2023
Ineos announces that it wants to produce 30,000 vehicles per year in Hambach	14 September 2023
Tata Motors purchased the former Ford Indian plant	14 September 2023
BYD Seagull and Wuling Bingo attack the 100% electric B segment	14 September 2023
Germany remains by far the leading European MHEV producer in 2023	14 September 2023
Germany remains by far the leading European producer of BEV and PHEV in 2023	14 September 2023
Shineray replaces Brilliance in China	14 September 2023
The fall in production of the 3 large traditional Chinese manufacturers is confirmed	14 September 2023
Chinese manufacturer BYD doubles its production volume in the first half of 2023	14 September 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