Argentine market (PC+LCV) has picked up long before the Brazilian market
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Argentine market (PC+LCV) has picked up long before the Brazilian market
- The Argentine automotive market (VP + LUV) has always been the second largest market in South America after Brazil. It can be observed that the Argentine market has re-started a year and a half before the Brazilian market. While the Brazilian market has picked up since March 2017, the Argentine market had started again in September 2015, and the trend had intensified in 2016 and even more so in 2017 (+ 31.5% over the first six months).
- If the current pace continues, the Argentinian market could increase by 30% for the whole year, which could place this market at close to 900 000 units (PC+ LCV) against 680 000 units in 2016 and 630 000 In 2015.
- Which brands benefited most from the vigorous revival of the Argentine market during the first five months of 2017?
- In percentage terms, Jeep ‘s sales increased by 226%, Honda's sales increased by 112%, Mercedes’ sales increased by 79%, Nissan’s by 76%, Renault’s by 56%, Ford ‘s by 45% and Volkswagen‘s by 34%. These brands grew faster than the Argentinian market as a whole.
- In terms of volume, Renault (16,500 units), Volkswagen (15,500 units) and Ford (14,500 units) recorded the strongest growth. Volkswagen remains by far the market leader in Argentina.
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What is the share of rechargeable hybrids for each available model ?
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What is the share of rechargeable hybrids for each available model ?
- Inovev calculated the share of models sold in Europe in 2016 in a plug-in hybrid version, for those available in both a plug-in hybrid and a 100% thermal version.
- Inovev thus listed 20 models that were available in Europe in 2016 with at least these two types of engines.
- The share of sales of plug-in hybrids for these 20 models varies from 1% for the Mercedes E-Class (the mid-year plug-in hybrid version) to 56% for the Mitsubishi Outlander, the most “hybridised“ vehicle . The average for all of these twenty models is 6%.
- Models that have a share of rechargeable hybrid sales greater than 6% are Volvo XC90 (28%), Porsche Panamera (19%), Porsche Cayenne (17%), BMW X5 (15%), Volvo S60/V60 (8%), Kia Optima (8%), VW Passat (7%) and BMW 7 Series (7%). This shows that hybridization is strong on high-end models and particularly on high-end SUVs (XC90, Cayenne, X5, Q7). It is in this segment that the bulk of the customer base of the rechargeable hybrids is located.
- Inovev accounted for a total of 107,000 plug-in hybrids in Europe in 2016, for models available in 100% thermal version, plus 6,000 sales of plug-in hybrids available only with this type of engine or with a non-rechargeable hybrid version (mainly Toyota Prius).
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Inovev predicts production per year at 100 000 for Renault Koleos
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Inovev predicts production per year at 100 000 for Renault Koleos
- While in China, Renault has been marketing its segment D SUV, the Koléos, since November 2016 (it sold 27,000 units on the Chinese market since then), the French manufacturer began its marketing six months later in Europe.
- There have been 1,100 units sold on this market since that date.
- In China, the Koleos sells twice as much as the Kadjar but in Europe the Kadjar belongs to the C segment SUVs, where there is more volume than the D segment.
- The Koléos (length: 4.67m) is based on its CMF-C / D platform, also used by the Nissan X-Trail, Nissan Qashqai, Nissan Rogue, Renault Espace, Renault Talisman, Renault Scénic and Renault Mégane.
- Its engines are two in number: a diesel 1.6 /130hp and a diesel 2.0 /175hp.
- Inovev expects 25,000 sales of Koleos in Europe and 75,000 in China. While China is supplied by the Renault-Dongfeng factory in Wuhan, Europe is supplied by the Renault-Samsung plant in Busan (Korea). In Korea, the Koleos has been sold under the name Renault-Samsung QM6 since May 2016 (26,000 sales since that date, an average of 30,000 sales a year, considering sales over the last six months).
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Russian market grows 6,9% over the first 6 months of 2017
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Russian market grows 6,9% over the first 6 months of 2017
- The Russian market recorded its fourth consecutive month of growth in June 2017 (+ 13.8%) and in the first six months of the year, the increase reached 6.9%, a figure in line with Inovev forecasts for the year (+ 5%), announced six months ago, while the Russian market continued to decline.
- After four years of uninterrupted decline, the Russian market seems to be firmly starting again, since the increases recorded in recent months are by no means negligible.
- The month of May 2017 had thus enabled the Russian market to record its first double-digit monthly growth for many years and the month of June confirmed this trend. If this growth were to continue, the Russian market could increase by 10% rather than 5% for the whole year , which would bring it to around 1.6 million units, the level reached in 2015.
- However, the Russian market reached almost 3 million units in 2008 and almost 3 million units in 2012, so it will still take time to regain such levels ... The increase over all six of the first months of the year is due in part to the help of the Russian government which has supported the car market through scrappage incentives and credit aid that it intends to pursue in the coming months.
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US market drops for the sixth consecutive month in June 2017
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US market drops for the sixth consecutive month in June 2017
- The US automotive market recorded its sixth consecutive month of decline in June 2017, despite high discounts and a still strong demand for light trucks. Sales of new light-duty vehicles fell by 2.5% in June 2017 to just under 1.5 million units, bringing the volume for the first six months of 2017 to 8.45 million units a decrease of 2.1%.
- The American big three major posted contrasting results over the first half:
General Motors sales fell 1.7% (to 1.41 million units) and Fiat-Chrysler's sales were down 6.6% (to 1.07 million units), while those of Ford -who temporarily occupied the position of leader of the US market in May- declined by 3.8% (to 1.29 million units).
- Asian manufacturers:
Toyota sales were down 3.6% (to 1.15 million units), but Honda's sales fell only 0.1% (to 0.79 million units) and those of Nissan increased by 2.7% (to 0.82 million units). Sales of Hyundai-Kia fell 8.6% to 0.64 million units.
- German manufacturers:
BMW sales fell by 4.1% (to 0.17 million units) and Daimler by 0.8% (to 0.18 million units). Sales of the Volkswagen group, on the other hand, increased by 7.2% (to 0.29 million units).
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