Great Wall will launch the first model of its new brand Ora
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Great Wall will launch the first model of its new brand Ora
- The Chinese manufacturer Great Wall has just created its new brand dedicated to 100% electric cars. This brand called Ora will launch its first model in the third quarter of 2018. It should be called IQ, as the small Toyota marketed between 2008 and 2016. It would be a compact 100% electric SUV.
- Remember that the Great Wall Group has gradually become one of the largest SUV specialists in China thanks to its brand Haval. According to the manufacturer, the Ora IQ would display a range of 360km thanks to a battery pack provided by the Chinese group Contemporary Amperex Technology.
- Currently, Great Wall markets only two electrified models, namely the Great Wall C30 100% electric sedan and the Wey P8 rechargeable hybrid SUV. These models are not widely distributed because they did not exceed 1,000 sales in 2017, while the Chinese government's quotas will require Great Wall to sell 100,000 electrified cars in 2019, given the global production volume of the company.
- Great Wall, which will sell one million thermal engine vehicles in 2018, wants to expand its offer of electrified models to meet the objectives of the Chinese government, and is also in negotiations with the BMW group to produce electric Mini in China.
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Toyota Camry returns to the European market after 14 years of absence
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Toyota Camry returns to the European market after 14 years of absence
- In order not to completely disappear from the D segment in Europe, in the sedan category at least, Toyota has decided to replace the Avensis, which will be removed this summer from the assembly lines of the British plant Burnaston, by the Camry hybrid that will be imported from Japan.
- The Toyota Camry is one of the best-selling models of the Japanese brand, selling between 500,000 and 700,000 units each year worldwide. In Europe, the Camry never really caught on (and had disappeared from the market in 2005), but makes good sales in Russia where it is produced.
- Its main market remains the United States where it is produced and where it remains the best-selling sedan for several years, but it is also present in China, Japan and even in India.
- In Europe, it will face the Ford Mondeo, Opel Insignia, VW Arteon, Renault Talisman, Peugeot 508 ... and especially the Lexus ES who arrived in Europe this year, replacing the Lexus GS, and sharing the body and engine (hybrid) of the Camry. The Camry will have the advantage of being offered at a lower price than the Lexus, but apart from that it will be very difficult to choose between the two models. Inovev is counting on 7,500 annual sales in Europe of the Toyota Camry Hybrid and 2,500 Lexus ES Hybrid.
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Inovev anticipates 200,000 annual sales of the new Chevrolet Blazer
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Inovev anticipates 200,000 annual sales of the new Chevrolet Blazer
- General Motors, which wants to strengthen its position in the fast growing US SUV segment, unveiled its new Chevrolet Blazer. This model takes the name of a very popular model that was marketed between 1969 and 2005. Ford and Jeep are also preparing SUVs to be launched under old names (Bronco and Wagoneer).
- The new Chevrolet Blazer fits into the Chevrolet lineup between the Equinox and the Traverse, and will be commercialized starting in 2019. The new model, which competes with the Ford Edge, Nissan Rogue, and Hyundai Santa Fe is based on the platform called C1XX also used on Cadillac XT5 and GMC Acadia. An extended wheelbase variant of this platform is used on the Chevrolet Traverse and Buick Enclave.
- The new Blazer will be produced at the GM plant in Ramos Arizpe, Mexico, which also produces the Chevrolet Equinox and Chevrolet Cruze.
- The engines of the new Chevrolet Blazer are as follows: a 193hp 4-cylinder petrol engine and a 305hp 3.6 petrol V6, paired with a 9-speed automatic gearbox.
- Inovev anticipates 200,000 annual sales of the new Chevrolet Blazer, although this model will not be marketed in Europe, since the Chevrolet brand has pulled from sale on the European continent.
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Dongfeng assigns a previously PSA dedicated plant to Nissan
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Dongfeng assigns a previously PSA dedicated plant to Nissan
- The Chinese manufacturer Dongfeng has created joint ventures in China with the Citroën, Peugeot, Nissan, Renault, Honda and Kia brands.
- Because production capacity for Nissan has become insufficient and PSA's capacities are largely underutilized, Dongfeng decided to assign one of its factories that manufactured PSA group cars to Nissan Group. This plant has a production capacity of 300,000 vehicles per year.
- Dongfeng-Nissan produced 1.3 million vehicles in China in 2017 for a production capacity of 1.2 million units, while Dongfeng-PSA produced less than 400,000 vehicles in China last year, despite a total of production capacity of 1 million units.
- After this transfer Nissan will have a production capacity of 1.5 million units per year and PSA a production capacity of 700,000 units per year, not counting the Shenzhen plant that assembles DS models and which depends on another joint venture, the one with Changan. This plant has a production capacity of 150,000 vehicles per year.
- Dongfeng manufactured a total of 3.6 million vehicles in 2017, including all its joint ventures and independent brands, with an estimated production capacity of 4 million vehicles per year. It is the second largest Chinese assembler behind SAIC (6.6 million), but ahead of FAW (3 million), Changan (2.3 million) and BAIC (2.1 million).
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Ford could eventually leave Europe
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Ford could eventually leave Europe
- Inovev has been saying for several years that the Ford group could eventually disengage from the European market, like their compatriots Chrysler (in 1978) and General Motors (in 2017).
- Like GM, Ford's market share has steadily declined over the last twenty years (6.7% in 2018 compared to 11.5% in 1995) and the manufacturer is constantly reducing size by successively closing down a number of its European plants (Dagenham in 2002, Southampton in 2011, Genk in 2014) and selling brands such as Volvo, Jaguar or Land Rover. In addition, Ford ended its partnership with Fiat on the Ka and reduced its cooperation with PSA on diesel engines. Finally, in 2018 Ford became the smallest of the general manufacturers in Europe.
- In Europe, Ford produces mainly in Germany, a country with high labor costs, and moreover produces low margin B and C segment cars, unlike the more profitable large pickups and large SUVs that it produces in the United States.
- One would have thought that the PSA group would eventually get their hands on Ford Europe, as it did for Chrysler Europe and GM Europe. In fact, the Volkswagen group, which would have been directly threatened in Europe by such a merger, has just signed a draft agreement with Ford, with fairly vague boundaries, but which could eventually herald the takeover of Ford of Europe by the Volkswagen Group.
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