Reduction of production overcapacity in Europe in 2015
- With the progress of the European car market (29 countries) in 2015 of 9.4% (PC + LCV), European plants have seen their utilization rates increase sharply last year. This utilization rate reached 81%, down from 74% in 2014 and 68% in 2013. It is thus closer to the rates achieved before the crisis of 2008-2009, including that of 2007 which was of 85% .
- By country, Germany that holds the best utilization of its plants (91%), ahead of Great Britain (90%) and Belgium (87%) which closed several of its plants. The countries that saw their rates rise sharply are Belgium (through the elimination of existing capacities: Genk), Slovenia (arrival of the new Renault Twingo and Smart Forfour), Sweden (thanks to the elimination of existing capacities: Trollhättan plant), Italy (arrival of the Jeep Renegade and Fiat 500X) and Spain (arrival of the Opel Mokka and Ford Mondeo, Galaxy, S-Max).
- By manufacturer, Tata Motors (Jaguar / Land Rover) holds the best utilization of its plants (101%). To increase its capacity, the manufacturer, which benefited from the success of its SUV and its new Jaguar XE, will build a factory in Slovakia. The BMW Group (93% utilization rate) rents the Nedcar plant in the Netherlands to increase capacity (production of the Mini). Followed by Hyundai-Kia, Daimler, Volkswagen, Geely, Renault-Nissan who benefit from the success of their SUV (Hyundai Tucson, Kia Sportage, Mercedes GLC, VW Tiguan, Volvo XC90, Nissan Qashqai, Renault Qajar). The Carmakers who saw their rates rise sharply in 2015 are GM and Ford through removing some of their capabilities in Europe (Bochum plants and Genk).
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