Market Analyses

Inovev publishes around 300 market auto analyses per year.

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Restocking in 2022 offset the destocking of 2020 & 2021 period
26 May 2023

- For the first time since 2018, the production volume in the world was much higher last year than that the sales volume. According to the OICA (International Organization of Automobile carmakers), the global production volume of vehicles (passenger cars, light commercial vehicles, heavy duty trucks and buses) reached 85.017 million units in 2022 while vehicle registrations did not exceed 81.629 million units, representing a production surplus of 3.388 million units. There was indeed a restocking at the global level in 2022.

- This production surplus offsets the production volume deficit recorded in 2020 and 2021, two years which were marked by the COVID 19 crisis and then by the semiconductor crisis. This deficit in production volume had reached 3.775 million units over the two years, with sales then being made massively from stock.

- In conclusion, there was significant destocking in 2020 and 2021 globally, as vehicle registrations outnumbered vehicles produced. Then there was a compensatory restocking in 2022 which made it possible to meet demand and reduce delivery times which had increased considerably in the two previous years due to a lack of models in dealers and a production disrupted by chaotic supplies.

- This restocking enabled world production to record growth in 2022 (+6% according to the OICA) while registrations fell by 2%.
This distortion is visible among carmakers who have seen their sales decline for most of them and the same time seen their production increase.

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The 25 best-selling SUVs in Europe in 2021 and 2022
19 May 2023

- Two Volkswagen models (T-Roc and Tiguan) take the top two spots in the European SUV market in 2022.

- The former Peugeot 2008 leader is relegated to third place, just ahead of the Tesla Model Y, which quadruples its sales in 2022 compared to 2021.

- Of the 25 best-selling SUVs in Europe in 2022, there are 13 European brand models, 4 Korean brand models, 5 Japanese brand models
and 3 American brand models.

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The global light vehicle market (PC+LUV) increased by 9.8% in the first quarter of 2023	26 May 2023
Seat will stop the production of cars from 2030	26 May 2023
The top 25 best-selling models in China in 2022	26 May 2023
The top 25 best-selling models in the USA in 2022	26 May 2023
The top 25 best-selling models in Europe in 2022	26 May 2023
Diesel continues to decline on the European market	26 May 2023
Restocking in 2022 offset the destocking of 2020 & 2021 period	26 May 2023
Renault and Nissan will become two partner groups	26 May 2023
The Renault plant in Pitesti stopped the production of the Sandero	26 May 2023
Mercedes postpones to 2026 its sales target of 50% BEV+PHEV	26 May 2023
Inovev forecasts 250,000 units per year of the new Mercedes E-Class in the world	19 May 2023
The progressive end in Europe of mainstreams D-segment sedans using ICE	19 May 2023
Inovev forecasts 100,000 units per year in 2030 of the Cupra Tavascan	19 May 2023
Inovev forecasts 70,000 units a year of the new Ford Transit Courier	19 May 2023
The 25 best-selling SUVs in China in 2021 and 2022	19 May 2023
Evolution of SUV and MPV sales in China between 2000 and 2022	19 May 2023
The Tesla Model Y becomes the best-selling model in Europe in Q1-2023	19 May 2023
Inovev forecasts 130,000 units per year in Europe of the VW ID7	19 May 2023
Inovev forecasts 250,000 units of the new Mini Cooper per year in the world	19 May 2023
The 25 best-selling SUVs in Europe in 2021 and 2022	19 May 2023

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