FCA renews the SUV Jeep Compass (C-segment)
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FCA renews the SUV Jeep Compass (C-segment)
- The Compass has been since 2007 the C-segment SUV of the Jeep brand. It was facelifted in 2011 and completely renewed in 2016, nine years after the birth of the original model. In the current Jeep range, the Compass is located between the Renegade (B-segment) and Cherokee (D-segment). The new Compass replaces both the old Compass and Patriot.
- The new Compass, which adopts a brand new platform (formerly Compass was built on a Mitsubishi GS platform) will be manufactured both in Mexico (Toluca) for North American and European markets, in Brazil (Goiana) for South American markets, and in China (Guangzhou) for the Asian markets.
- Unlike the previous model, the new Compass will have an international vocation.
- It is to note that the former Compass and Patriot were manufactured in a single plant, located in Belvidere in the United States. So it could be spoken of an offshore of US production to Mexico. However the FCA group announced recently that it will transfer production of the Ram pickup Mexico (Toluca) to the United States (Sterling Heights).
- The new Compass (equipped with 4-cylinder 2.0l gasoline 166 hp and diesel 170 hp engines) will compete with the other C-segment SUVs as the Nissan Qashqai, Renault Qajar, Ford Kuga, Volkswagen Tiguan, Seat Ateca, 3008, Hyundai Tucson, Kia Sportage Mazda CX5, etc ...
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Volkswagen could become the first automobile group in the world from 2016
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Volkswagen could become the first automobile group in the world from 2016
- The Volkswagen Group has become the world's largest automaker in the first half 2016, despite the case of manipulated diesel engines.
The German group could become the world's leading automobile group regarding its production volume in 2016, and even then in the coming years.
The German group could become the world's leading automobile group regarding its production volume in 2016, and even then in the coming years.
- Inovev analyses this situation as a consequence of following factors:
1 / The strong growth of the Chinese market which favours the Volkswagen group, because it is market leader, far ahead of the Toyota group. Thus, for an annual growth of 10% of the Chinese market, Volkswagen’s sales increase by an average of 350,000 units per year against 100,000 for Toyota.
2 / The strong growth of the European market favours also Volkswagen, even though 2016 was not so good for the German carmaker. Volkswagen is 5-6 times bigger than Toyota in this market.
3 / The relaunch of Brazilian and Russian markets that will favour much more Volkswagen than Toyota because the German group is 2 to 3 times larger than Japan's on all these markets.
4 / The US market decline between 2017 and 2020 expected by Inovev that will affect more Toyota than Volkswagen because Toyota is 4 times bigger than Volkswagen in this market.
5 / Finally, the still stagnant Japanese market is bound to affect Toyota which still holds nearly 45% of this market.
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Read more... Volkswagen could become the first automobile group in the world from 2016
Nissan unveils the NV300 which replaces the Primastar
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Nissan unveils the NV300 which replaces the Primastar
- Nissan has just unveiled the NV300 which will replace the Primastar van (160,000 sales in 14 years). The NV300 shares the platform and the body of recent Renault Trafic and will be manufactured along its side at the Renault Sandouville site (France).
It can be noted that the Primastar was manufactured on the Nissan site of Barcelona. The Renault Trafic, Nissan NV300 and Fiat Talento vans are now grouped on one site instead of three previously (Barcelona, Luton and Valenciennes).
It can be noted that the Primastar was manufactured on the Nissan site of Barcelona. The Renault Trafic, Nissan NV300 and Fiat Talento vans are now grouped on one site instead of three previously (Barcelona, Luton and Valenciennes).
- On its side, the Opel Vivaro (which also shares the platform and the body of recent Renault Trafic) remains manufactured on the GM Luton site in England, but the US group envisages to transfer its production to the Sandouville site before the end of the decade.
- The NV300 (N1-2 category) is positioned between the NV200 (produced in Barcelona, Spain) and the NV400 (produced in Batilly, France). The NV 200 is a N1-1 category light utility vehicle which replaced Kubistar (base Renault Kangoo) and the NV400 is a category N1-3 light utility vehicle which replaced the Interstar (Renault Master base).
- The Nissan NV300 is equipped with diesel engines of 1.6l 95hp (turbo), 120hp (turbo), 125hp (biturbo) and 145hp (biturbo).
- Inovev expects a volume of 15,000 NV300 sold each year, in addition to the 95,000 Renault Trafic and 25,000 Fiat Talento, totaling 135,000 vehicles per year at Sandouville which has 150 000 units per year capacity.
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Read more... Nissan unveils the NV300 which replaces the Primastar
Renault-Nissan could be the second global carmaker in 2017
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Renault-Nissan could be the second global carmaker in 2017
- The Renault-Nissan group is currently the fourth largest carmaker behind Toyota, Volkswagen and General-Motors.
With the acquisition of Mitsubishi Motors which should be effective in 2017, the Franco-Japanese group could overpass Toyota and General Motors, to become the world's second largest carmaker next year, with a production volume very close to that of Volkswagen (which would become the first carmaker).
With the acquisition of Mitsubishi Motors which should be effective in 2017, the Franco-Japanese group could overpass Toyota and General Motors, to become the world's second largest carmaker next year, with a production volume very close to that of Volkswagen (which would become the first carmaker).
- What are the reasons as analysed by Inovev?
1. The manipulated engines case at Mitsubishi motors should not have consequences for the whole group, because the takeover by Renault-Nissan will go in the way of cleansing the situation.
2. Renault-Nissan will support Mitsubishi to develop its models range, with bigger means than if Mitsubishi had remained independent.
3. Renault-Nissan could apply to Mitsubishi the mass effect strategy (platform, production plant, materials…) which has been applied to the other brands of the group.
4. Renault-Nissan will develop all brands, some of which are still small in the world, as Datsun and Samsung.
5. The Group will also increase its presence in China and the ASEAN countries.
6. The restart of the Brazilian and Russian markets will further enhance the presence of Renault and Nissan globally.
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Read more... Renault-Nissan could be the second global carmaker in 2017
The US market could decline from 2017
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The US market could decline from 2017
- Vehicles’ sales (PC (Passenger Cars) + LUV (Light Utility Vehicles) ) have declined 4.5% in August in the US,
after rising 2.5% in June and 0.5% in July.
after rising 2.5% in June and 0.5% in July.
- Should such a decrease announce the end of the market growth in the US?
The US market has increased every year for 6 years (2010 to 2015), which had not happened for decades.
In the first eight months of 2016, the US car market reached 11.87 million units, up 0.6% compared to 2015.
Consequently the US market could get for the full year 2016 close to (just below or just above) the 2015 record level of 17.47 million units.
The US market has increased every year for 6 years (2010 to 2015), which had not happened for decades.
In the first eight months of 2016, the US car market reached 11.87 million units, up 0.6% compared to 2015.
Consequently the US market could get for the full year 2016 close to (just below or just above) the 2015 record level of 17.47 million units.
- The questions are:
- Will the decline of August followed by also declines in the following months?
- Are we at the top peak of sales and is the August decline the first step of a downturn which could have been experienced several times in the past?
- Positive economic factors such as an easy access to credit, high levels of consumer confidence and attractive selling prices persist indeed. However, replacement demand that followed the 2008-2009 economic recession starts to dry up, mechanically resulting in an overall slowdown in sales.
- Taken into account the demand factors and the economic situation of the US, the scenario privileged by Inovev consists in a slowdown of sales - as soon as the second semester of 2016 - followed by several years of decrease.
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