Nissan to open its first plant in Myanmar
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Nissan to open its first plant in Myanmar
- Nissan has announced the forthcoming opening of its first vehicle assembly plant in Myanmar(In the region of Bago), in partnership with a Malaysian assembler Tan Chong Motor. Burma has previously attracted few automakers, but given the growth displayed throughout the Southeast Asian region, some now seem ready to reconsider the question. Nissan says that Burma is called to a rapid growth in auto demand, following recent political and economic reforms introduced in the country. The manufacturer plans an initial production of 10 000 vehicles per year (Nissan Sunny sedans).
- Myanmar is in full economic boom since the country opened up in 2011, after decades of isolation caused by a military junta, and is considered today as a country with great potential by investors.
- The neighbouring country Thailand already produces nearly two million vehicles each year for its own market (30% of production) and foreign markets (70% of production). But is now entangled in serious economic difficulties, with a military junta that came into power in 2014, and today is having difficulty in reassuring foreign investors.The current situation could therefore prompt some manufacturers already established in the region at a gradual transfer of part of the car production from Thailand to Burma.
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Mitsubishi announced a redevelopment of its range
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Mitsubishi announced a redevelopment of its range
- To boost sales, Mitsubishi has announced a redeployment of its range. Unveiled in October 2015 at the Tokyo Motor Show, the concept eX was shown for the first time in Europe at the 86th Motor Show in Geneva. It foreshadows a new model in the Mitsubishi range of about 4.20 meters long that will be launched in 2019 among Japanese SUVs of segment B (Suzuki Vitara, Toyota CHR, Honda HRV), with a slightly greater size than that of the European SUVs Peugeot 2008 and Renault Captur.
- The replacement of the current ASX (4.30 m long) it has been made longer by fifteen centimeters,while remaining in the SUV segment C category . It will be launched in 2017, in a body resembling that of the Xr PHEV Concept II unveiled in Geneva last year.
- Hence, the next generation of the Outlander (SUV from segment D) announced for 2018 has been made longer by a few centimetres too to get closer to 4,70 m long. This future Outlander could also replace the Pajero.
- Pajero's successor has been expected for years and it was still scheduled several months ago for a launch in 2018. In fact, as the demand is much rarer for these large traditional 4x4, Mitsubishi has not found a partner capable of selling part of its production (like Fiat in the large pickup category), the successor to the Pajero may never emerge.
- After the Lancer sedan, this would be the second brand icon to be permanently removed of the catalog in a few years. On the other hand, there will of a succession for the city Space Star that was recently restyled, which will consist of a small SUV reminiscent of the Renault Kwid. Mitsubishi is thus converted to a monoculture of SUVs for its entire range.
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Overview of the Korean market in 2015
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Overview of the Korean market in 2015
- The Korean car market increased by 11.4% in 2015, reaching a volume of 1.83 million vehicles (PC + LCV). This market has thus set a new record, the previous having been reached in 2002 (1.6 million vehicles).
- By manufacturer, the Hyundai-Kia group (66.9% of the market, + 6.3%) remains by far the market leader in Korea,far ahead of GM Korea group (8.0% market share, 14.4%). Followed by Mahindra Ssangyong (5.5% market share, + 44.4%), Renault-Nissan groups (4.9% market share, + 12.5%) and foreign imports (13.3% of the market, + 24.2%). The leader, Hyundai-Kia has been losing ground in terms of market share, since its growth is twice less than that of the Korean market as a whole. The Mahindra-Ssangyong Group increased its market share thanks to the success of its new compact SUV, the Tivoli. Its growth was four times that of the Korean market as a whole. Imports of foreign brands grew twice as much as the Korean market as a whole. The Renault-Nissan group has seen its market share stagnate but the manufacturer has much hope for the new Samsung SM6 (a rebadged Renault Talisman ) which should increase its market share in 2016.
- The ten best selling models in the Korean market in 2015 are:The Hyundai Sonata (108 438 units), Hyundai Elantra (100 422), Hyundai Porter (99 743), Hyundai Santa Fe (92 928), Kia Picanto (88 455), Hyundai Grandeur (87 182), Kia Sorento (77 768) Kia Carnival (67 559), Chevrolet Spark (58 978) and Kia group K5 (58 619). The Hyundai-Kia group ranks nine models in the top 10. Korea is one of the few major markets where a VUL (Hyundai Porter) that is not a pick-up, is among the top 10.
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Sales of Chinese brands in Europe in 2015
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Sales of Chinese brands in Europe in 2015
- Sales of Chinese brands are still extremely low in Europe.
- Inovev has counted 6 000 units in 2015 (against 5 000 in 2014) in the European Union alone, where the overall market has approached 16 million vehicles. Most Chinese car sales were recorded in:
- 1 / Bulgaria (2 325 sales against 2 104 in 2014) where the Chinese manufacturer Great Wall has an assembly plant in CKD (at Lovech)
- 2 / England (3 152 sales against 2 326 in 2014) where the Chinese manufacturer MG has an assembly plant in CKD (in Longbridge)
- 3 / Italy (520 sales against 415 in 2014) where the Chinese manufacturer Chery has a CKD assembly plant (in Macchia d'Isernia)
- Chinese manufacturers did not reach their targets announced in the early 2000s,even more so bearing in mind that the EU market has experienced huge growth as a whole in 2015 (+ 9.4%) said growth has not really benefited Chinese manufacturers.
- The Qoros models imported in Europe (made in China by Chery) have even seen their (weak) sales cease during the year.
- Chinese manufacturers have also suffered from the very poor economic situation in both countries on the European continent but outside the European Union, Russia and Ukraine.While they had sold 92 000 vehicles in 2014 in both countries (82 000 in Russia and 10 000 in Ukraine), they have only sold 41 000 units in 2015 (39 000 in Russia and 2 000 in Ukraine ) the balance inside the European Union thus being largely negative (- 50,000 units over the period).
- A real breakthrough of Chinese manufacturers in Europe seems postponed ( except Volvo ).
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Overview of the Argentine market in 2015
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Overview of the Argentine market in 2015
- The Argentine automobile market declined by 6.3% in 2015, reaching a volume of 0.63 million vehicles (PC + LCV).This market is suffering from poor economic conditions prevailing in South America, including Brazil which is the cornerstone of the economic situation.
- Like Brazil, Argentina (the second market in the region) has seen its sales shrink for the second consecutive year, losing 300 000 units in two years, i.e. a third of its volume in 2013 (2013 was the year that marked the sales peak in this country).
- By manufacturer, the Volkswagen group (17.8% market share, -0.5%) remains the leader of the Argentine market, in front of the Renault-Nissan group (14.0% market share, -1.9%). Followed by the Ford group (13.9% market share, -7.1%), PSA (13.3% of the market, -14.5%), GM (12.8% market share, -2.4%) FCA (12.6% market share, -11.3%) and Toyota (9.9% market share, -3.3%). All the manufacturers within the top seven largest are declining but it is PSA and FCA that have suffered the most. Among the smaller manufacturers present in Argentina, only Daimler and Hyundai-Kia managed to increase their sales but with a very low volume.
- The Top ten models sold in the Argentine market in 2015 include: Volkswagen Gol (29,157 units), Chevrolet Classic (27 120), Toyota Hilux (26,552), Fiat Palio (23,598), Ford Fiesta (23 419), Ford Ecosport (22 301), Ford Focus (20 096), Toyota Etios (19 859), Renault Clio (19 784), Volkswagen Amarok (18 288). The Ford Group thus ranks three models in the top 10, while Volkswagen and Toyota both rank two . Please note that among the 10 best-selling cars in Argentina in 2015, two are pickups (Toyota Hilux and Volkswagen Amarok). Only one SUV is among the top 10 (Ford Ecosport).
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