Chevrolet will stop sales in India and South Africa
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Chevrolet will stop sales in India and South Africa
- After deciding to withdraw from the European and the Russian market, the Chevrolet brand (the largest brand in the General Motors group: 4.18 million worldwide sales in 2016) has announced that it will also withdraw from the Indian and South African markets. In 2016, Chevrolet sold only 29,000 cars on the Indian market (with a total market of 3.67 million units) and 20,000 cars on the South African market (out of total sales of 520 000 units).
- In both markets, Chevrolet has small assembly plants (one in India and one in South Africa).
- In India, the Talegaon plant (59,000 units produced in 2016, mainly Spark) will continue to manufacture vehicles for foreign markets (this proportion will increase from 50% to 100% of units produced) pending a possible sale to another manufacturer (which GM prefers to factory closure).
- In South Africa, the Port Elizabeth plant (22,000 units produced in 2016) will cease manufacturing Chevrolet models. It will be sold to Isuzu, which already owns half of the plant, through a local joint venture. Isuzu will continue to manufacture mid-size pickups there.
- In addition, Chevrolet will sell its shares in Isuzu to a joint venture in East Africa and withdraw from this part of Africa. All these decisions will take effect before the end of the second half of 2017.
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2016 European Hybrid Vehicle (HEV) Market
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2016 European Hybrid Vehicle (HEV) Market
- The European market for non-plug-in hybrid vehicles (HEVs) picked up again in 2016 (+ 9%), despite a decline in 2015 (-3%). This growth is mainly due to the launch of new products, such as Toyota Prius, Toyota RAV4, Hyundai Ioniq and Kia Niro.
- In 2016, the volume of sales of non-plug-in hybrid vehicles reached 233,000 units. Over the same period, the market for electric vehicles (BEV) and rechargeable hybrids (PHEV) in Europe was 223,000 units in 2016 (+ 18% compared to 2015).
- In 2016, for the first time, the volume of sales of electric and plug-in hybrid vehicles in Europe is almost equivalent to that of non-plug-in hybrids. But with the ramp up of the new Hyundai Ioniq, Kia Niro and especially Toyota CHR, the sales volume of non-plug-in hybrids will rise again in 2017.
- The European market for non-plug-in hybrid (HEVs) is dominated by the Toyota group, with 90% of sales in 2016. The strategy of the Japanese group so far has been to strongly promote this type of motorisation, rather than bet on diesel, rechargeable hybrid, or electric. One Toyota car out of three sold in Europe is now equipped with a hybrid engine. The best-selling models in Europe are Yaris (67,000 units), Auris (58,000 units) and RAV4 (28,000 units) ahead of the Prius (21,000 units).
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2016 World Hybrid (HEV) Vehicle Market
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2016 World Hybrid (HEV) Vehicle Market
- The worldwide market for non-plug-in hybrid vehicles (HEVs) grew by 5% in 2016 to 1.65 million units. The market was notably driven by the launch of the new generation Toyota Prius which accounts for nearly 25% of global sales of this non-plug-in hybrid market (400,000 units in 2016 out of a total of 1.65 million).
- Sales of hybrids quadrupled worldwide between 2006 and 2016, from 0.4 million to 1.65 million units, while at the same time worldwide sales of vehicles (all engines combined) increased only 40%.
- Compared to worldwide sales of battery electric vehicles (BEV) and hybrid Plug-In (PHEV), worldwide sales of hybrid vehicles (HEVs) are still much higher, but the gap between the two types of vehicles is decreasing year by year: 2.7 times more in 2016 (1.65 million compared to 0.6 million), whereas in 2014 it was 5.7 times more (1.65 million compared to 0.3 million).
- In 2016, Japan accounts for 59% of the world market for hybrids, the United States 19% and Europe 13%.
- The Toyota group sells more than 70% of non-plug-in hybrid vehicles globally, 1.2 million units in 2016. The Hyundai-Kia group will attempt to take a growing share of the hybrid market with the Hyundai Ioniq and the Kia Niro, as well as some 20 other new models to be launched by 2020.
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2016 Japanese Hybrid Vehicle (HEV) Market
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2016 Japanese Hybrid Vehicle (HEV) Market
- With nearly 1 million non-plug-in hybrid vehicles sold in Japan in 2016 (up 5%), the Japanese market is the world's leading non-plug-in hybrid vehicle market (HEV), far ahead of the US (347,000 in 2016), Europe (233,000 in 2016) and China (less than 50,000 in 2016).
- The Japanese non-plug-in hybrid market had declined in 2015, but increased again in 2016, due to the renewal of the Toyota Prius which holds a prominent position (25% of the non-plug-in hybrid market).
- This is due to the fact that Toyota has been promoting this type of engine since 1997 and has made it available in most of its models, with the result that today half of the Toyota vehicles sold in Japan are non-plug-in hybrid vehicles (HEVs), two thirds of the HEVs sold in Japan are Toyota, and that HEVS make up a quarter of the Japanese market overall. In comparison, the market for battery electric vehicles (BEV) and plug-in hybrids (PHEV) is very low in Japan: there are only 22,500 sales in 2016.
- The Toyota group has five models in the top 10 hybrids (HEVs) in 2016: Prius, Prius C (Aqua), Corolla, Crown, RX400h and NX300h. Suzuki, Nissan and Honda are offering new models that account for one-third of hybrid sales in Japan.
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Toyota sold 1,2 million non-rechargeable hybrids (HEV) in the world in 2016
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Toyota sold 1,2 million non-rechargeable hybrids (HEV) in the world in 2016
- Pioneer in the field of non-rechargeable hybrid vehicles (HEV) since 1997, the Toyota Group (Toyota and Lexus) crossed the 200,000 annual sales mark eight years later, in 2005, and 400,000 annual sales in 2007. The 1,200,000 annual sales level was reached in 2012. From 2012 to 2016, annual sales have stabilized at this level.
- This stabilization of global Toyota hybrid sales can be explained by the fact that competition has increased considerably, not only for non-rechargeable hybrid vehicles but also for plug-in hybrid vehicles (PHEV) and battery electric vehicles (BEV).
In addition, in the US, sales of Toyota non-rechargeable hybrids suffered from the fall in oil prices which favored sales of thermal vehicles, including SUVs and pick-ups.
In addition, in the US, sales of Toyota non-rechargeable hybrids suffered from the fall in oil prices which favored sales of thermal vehicles, including SUVs and pick-ups.
- Inovev expects a revival of non-rechargeable hybrid Toyota sales over the next four years, notably due to the expansion of its range of vehicles (RAV4, CHR), and the ramp up of the new Prius even though competition will continue to grow around the world.
- Inovev expects 1.4 million Toyota Hybrid and Lexus Hybrid sales in 2020.
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