According to Inovev, new generation V60 production will reach 100,000 units
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According to Inovev, new generation V60 production will reach 100,000 units
- At the 2018 Geneva Motor Show, Volvo is presenting the new generation of the V60 station wagon replacing the one introduced in 2010 (the new generation of the S60 sedan should be presented at the Paris Motor Show in 2018). The new V60 (D-segment) is based on the SPA platform shared with the Volvo XC60, XC90 and S90 / V90. This is the modular platform dedicated to Volvo D and E segments. Volvo unveils the V60 estate before the S60 sedan, as the estate version is traditionally twice as expensive as the sedan version, Volvo being a big estate producer since the 1960s. The V60 rivals the BMW 3 Series, Mercedes C-Class and Audi A4 estate, that is to say the premium D segment estate market.
- S60 / V60 production peaked in 2015 (135,000 units) and has declined steadily since then (115,000 units in 2017). It is interesting to note that the production of the V60 which was made in Göteborg in Sweden was switched to Gent in Belgium during the year 2017, while the SUV XC60 was transferred from Gent to Gothenburg. The new generation of the V60 is likely to be produced in Gent, at a rate of 100,000 units per year, according to Inovev, to which should be added 50,000 units per year of the S60 sedan. Both models could also be manufactured in China.
- The Volvo V60 will be powered by T4 2.0 (190hp), T5 2.0 (254hp) gasoline engines, T6 hybrid engines (300hp) and D3 2.0 (150hp) and D4 2.0 (190hp) diesel engines.
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FCA Group 2017 Global Market Report
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FCA Group 2017 Global Market Report
- The FCA Group (Fiat, Alfa-Romeo, Lancia, Maserati, Ferrari, Chrysler, Dodge, Ram, Jeep) has published sales figures for the year 2017. Its global sales amount to 4.74 million vehicles, in stagnation (+ 0.9%) compared to 2016. The FCA group thus passed behind the more dynamic Honda group. The end of production of the Chrysler 200, Dodge Dart and Dodge Caravan models also contributed to this situation. Global sales of the FCA Group in 2017 break down as follows:
1. The United States is its largest market, with 2.07 million vehicles, or 44% of its worldwide sales.
2. Europe is its second largest market, with 1.21 million vehicles, or 26% of its worldwide sales.
3. South America is its third largest market, with 513,000 vehicles, or 11% of its global sales.
4. China is its fourth largest market, with 205,000 vehicles, or 4% of its global sales.
- These four markets account for 85% of the FCA group's global sales in 2017, divided into 1.52 million Fiat vehicles, 1.38 million Jeep vehicles (a brand that is gradually getting closer to Fiat in volume), 680,000 Rams, 550,000 Dodges, 250,000 Chryslers and 360,000 Alfa-Romeo, Lancia, Maserati and Ferrari vehicles. The best-selling models of the FCA group in 2017 are the Ram pickups (635,000 units), Jeep Compass (345,000 units), Jeep Grand Cherokee (275,000 units), Jeep Renegade (270,000 units) and Jeep Cherokee ( 265,000 units).
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Nissan Group 2017 Global Market Report
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Nissan Group 2017 Global Market Report
- The Nissan group (Nissan-Datsun-Infiniti, which now includes the Japanese brand Mitsubishi) is one of the two components of the Renault-Nissan group, along with the Renault group (Renault-Dacia-Samsung) which now includes the Lada brand. Through external growth achieved by successive acquisitions of independent brands, the Nissan group and the Renault group have become the world's leading light-duty (PC + LCV) vehicle manufacturer in 2017. The Nissan group has published its sales figures for the year 2017. Its global sales amounted to 5.82 million units (+ 4.6%) to which must be added 1.03 million Mitsubishi (+ 10%). Nissan Group global sales in 2017 break down as follows:
1. The United States remains its largest market, with 1.70 million vehicles, or 25% of its worldwide sales.
2. China is its second largest market, with 1.41 million vehicles, or 21% of its global sales.
3. Europe is its third largest market, with 767,000 vehicles, or 11% of its global sales.
4. Japan is its fourth largest market, with 678,000 vehicles, or 10% of global sales.
- These four markets make up 67% of Nissan's worldwide sales in 2017, including 5.52 million Nissan vehicles, 0.22 million Infiniti vehicles, 0.08 million Datsun vehicles and 1.03 million Mitsubishi vehicles.
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Honda Group 2017 Global Market Report
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Honda Group 2017 Global Market Report
- The Honda group (Honda, Acura) has released its sales figures for the year 2017. Its global sales amounted to 5.19 million vehicles, an increase of 4.5% compared to 2016. This rise is well above the global growth in all-car sales (+ 2.3%). Honda has thus passed in front of the FCA (Fiat-Chrysler) group which remained stable last year.
- Global sales of the Honda Group in 2017 break down as follows:
1. The United States is its largest market, with 1.64 million vehicles, or 32% of its worldwide sales.
2. China is its second largest market, with 1.44 million vehicles, or 28% of its worldwide sales.
3. Japan is its third market, with 725,000 vehicles, or 14% of its worldwide sales.
4. Europe is its fourth market, with 140,000 vehicles, or 3% of its worldwide sales.
- These four markets account for 77% of Honda Group global sales in 2017, divided into 5 million vehicles under the Honda brand and 190,000 vehicles under the Acura brand. Note that Acura still scores lower than Lexus or Infiniti. The top selling Honda models in 2017 are CRV (695,000 units), HRV (645,000 units), Civic (640,000 units) and Accord (495,000 units).
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European manufacturers used 85% of their capacity in 2017
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European manufacturers used 85% of their capacity in 2017
- Overcapacity in Europe (Europe 29 + Turkey) decreased further in 2017, falling to 15% of all European capacity, a utilization rate of 85%, the same rate as in 2007 which had been the best of the past decade. This good figure is explained by:
1. The rise in the European market, which continued in 2017 (+ 3.3%), allowing more vehicles to be produced last year.
2. No new factories construction in Europe in 2017, and existing facilities responding without difficulty to demand.
3. European exports remaining at a good level in 2017 thanks to a world market up 2.3%.
4. Recent plant closures in Europe yielding the expected results (capacity reduction).
- If the European market continues to increase in 2018 and the level of European exports is maintained (a priori, the world car market should continue to grow this year, of the order of 2 to 3%), overcapacity of European car factories this year should drop to only 14% of all European capacities, the lowest figure recorded in the last twenty years.
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