The fall down rate of European production by manufacturer in 2020
- With an automobile production volume down 28.2% over the first ten months of 2020 compared to the first ten months of 2019, the European Union (including Great Britain) has seen some manufacturers post more significant falls.
- The worst performances were recorded by the Suzuki group whose production fell down by 45.0%, which seems to confirm that this manufacturer is in great difficulty, by the Jaguar Land-Rover group (Tata group) whose production in Europe fell down by 40.2%, followed closely by Honda (-39.9%) which has already announced that it will close its European factories in 2021.
- Suzuki begins to market original Toyota models on the European continent, which is not a good signal for the manufacturer and above all does not benefit to all its European plant located in Hungary.
- The PSA and Renault-Nissan groups recorded poor performance, with production decreases of 34.9% and 34.1% respectively. At PSA, Citroën displayed the biggest drop (-37.9%) and at Renault-Nissan, it was Nissan (-38.8%). This is why the new generations of Citroën C4 and Nissan Qashqai are eagerly awaited by the network.
- The Daimler (-31.6%), Hyundai-Kia (-31.6%) and Ford (-30.2%) groups achieved very average performances, compared to the overall decline in European production. Finally, the manufacturers who did better than the average decline are as follows: the Volkswagen group (-27.0%), the FCA group (-25.7%), the BMW group (-22.6%) and chiefly the Toyota group (-18.6%) and Volvo (-13.5%) which belongs to the Geely group.
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