Kia to produce the Forte (C segment) in its new Mexican plant
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Kia to produce the Forte (C segment) in its new Mexican plant
- Kia has announced the start of production of its new plant located in Mexico, at Pesquería. It is not only the first plant that this carmaker will have located in Mexico, but also its first plant in all of Latin America (Kia now has 10 assembly plants in total in the world).
- Kia will launch the mass production of its compact sedan the Forte (known as K3 in Korea) based on the Hyundai Elantra produced in the United States. It will be a competitor of the Ford Focus, Chevrolet Cruze, Toyota Corolla and Honda Civic. These C segment sedans account for 30% of the US market for PC, which reached about 2.5 million cars in 2015, the best selling five of last year were the Toyota Corolla (339 000 units), Honda Civic (326 000 units), Chevrolet Cruze (273 000 units), Hyundai Elantra (222 000 units) and Ford Focus (220 000 units).
- With a production capacity of 300 000 units per year, the Kia plant of Pesquería will attempt to sell according to Inovev between 150 000 and 180 000 Forte in the US and Canadian markets each year, plus an amount of between 100 000 and 120 000 units in Latin American markets, including Mexico. The manufacturer has indicated that in fact 60% of the plant's output should be exported to the US and Canada, while 20% should be sold on the Mexican market and 20% on other Latin American markets .
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Renault will launch the Kwid in Europe from 2018
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Renault will launch the Kwid in Europe from 2018
- The Renault Kwid (segment A) is experiencing success in India , given the state of current orders. The manufacturer expects to sell 100 000 units annually in this country, all out of the the Renault-Nissan plant of Chennai. While this model has only been available since September 2015, the manufacturer sold 20 000 of them in 2015.
- According to Renault, the Kwid should also be launched at the end of 2016 in Brazil, where it will arrive in the coveted niche "Carro Popular" tax-favored. Therefore, it is very likely that it is then to be marketed in Argentina and throughout South America.
- It should also be produced in Iran from 2017 (probably with the SAIPA assembler who works with Renault) and arrive in Europe under the Dacia brand in 2018.
- This entry-level model (3 500 euros in India) will be offered at a necessarily higher price in Europe, because the car will be equipped with airbags, antilock brakes, stability control, while meeting European standards for reduced pollution. The price of Kwid should, however, be below that of the Logan or Sandero (less than 8000 euros)
- Industrialization is already envisaged in the Mediterranean. The giant and underused plant of Tangier (Morocco) would be the most appropriate. Production in Russia is also under consideration (in Moscow and Togliatti). For now, the vehicle is in the unique shape of an elevated five-door hatchback near a small SUV. But Renault is considering a Kwid family, which would include the current version and a more conventional four-door sedan with a separate trunk.
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The new Mercedes GLC will be also produced in Finland
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The new Mercedes GLC will be also produced in Finland
- Mercedes will relocate part of the production of the GLC to Finland from 2017. The SUV from segment D, which is based on the Mercedes C-Class and came to replace the GLK (with moderate success) will be assembled in the Bremen plant in Germany and in the Valmet Automotive plant in Uusikaupunki in Finland.
- Mercedes had already relocated in 2013 part of the production of the A-Class sedan at Valmet. A contract provided for 100 000 cars produced in four years (2013 to 2017), ie 25 000 per year. The same type of contract could be signed for the GLC, a production of 100 000 units produced in four years (2017-2021). 2022 should see a new generation of Mercedes GLC (the current model was launched in 2015).
- These successive contracts allow Valmet to sustain its business, since the Finnish assembler saw the departure of the Porsche Boxster and the Cayman from its assembly lines in 2011 and that of the Fisker Karma in 2012. The contract with Mercedes for the A-Class in 2013 was therefore very much needed for Valmet.
- Valmet is best known for bringing together the Saab convertible between 1986 and 1996. In 1997, Porsche decided to produce its new Boxster model in Valmet and its Cayman model from 2005. Prior to 1986, Valmet had assembled the Talbot Horizon 1510 and Solara sold to Scandinavian markets.
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According to Inovev, the new Mercedes E-Class could be produced at 300 000 units annually
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According to Inovev, the new Mercedes E-Class could be produced at 300 000 units annually
- The German manufacturer Mercedes (Daimler Group) launches the new generation of the E-Class (segment E) that reuses the aesthetics of the C-Class and S-Class launched both in 2013. The previous E-Class dating from 2009, the life cycle this model has been seven years, like most vehicles of this brand.
- This new model competes with the Audi A6 and BMW 5 Series, which will be renewed in a few months, but also the Volvo S90 and Jaguar XF, and to a lesser extent - the Lexus GS and Infiniti Q70. The main markets for the E-Class will be traditionally Europe ( were it sold 85 000 units last year), the US ( were 50 000 units were sold last year) and China ( were 60 000 units were sold last year), for a production of 260 000 units in 2015, according to Inovev.
- The new E-Class could be manufactured at 300 000 units annually when it reaches its cruising speed, including 220 000 in Europe (Sindelfingen) and 80 000 in China (Beijing).
- The engines in the new E-Class will initially include: a 2.0 gasoline of 185ch and a 2.0 diesel engine of 150hp and 195hp, a 3.0 diesel of 258hp and finally a hybrid engine (2.0 petrol 205ch + electric motor 82ch) . Other more powerful engines (including AMG versions) will be available later.
- The estate , coupe and convertible versions of the E-Class will be unveiled in the coming months.
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Overview of the Turkish market in 2015
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Overview of the Turkish market in 2015
- The Turkish automotive market experienced in 2015 a turnaround which resulted in a growth of 27.2% compared to 2014, thus registering a new record of 976 000 vehicles (against 767 000 the previous year). The damaging crisis of 2001-2002-2003 that saw the Turkish market collapse is now completely forgotten, and the economy appears robust, especially with a very low oil prices that favors the market. Manufacturers installed in the country continue to increase their production capacities, and only very strong regional tensions could lead them to review their strategy. Since 2010 however, the market moves in spurts, which means that 2016 could well decrease again.
- The Volkswagen group (23.1% market share, + 28.6%) became the leader of the Turkish market, ahead of the Renault-Nissan group (22.8% market share, +20.5%). Followed by the Hyundai-Kia group (8.8% market share, +14.4%), FCA (7.1% market share, + 21.2%), Toyota (6.6% market share, +39.9 %), Ford (6.5% market share, + 26.5%), GM (6.5% market share, +18.0%), PSA (5.4% market share, + 25.2%) BMW (4.5% market share, + 21.0%) and Daimler (4.2% market share, +31.3%). The largest increases go to Toyota, Daimler and Volkswagen.
- The ten best-selling models in 2015 are: Toyota Corolla (35 237), Fiat Linea (35 041), Renault Fluence (33 764), Renault Clio (31 077), VW Passat (30 249), Ford Focus ( 27 442), Opel Astra (24 909), VW Golf (24 400), Renault Symbol (23 922) and Hyundai i20 (21 872). The Renault-Nissan group ranks three models in the top 10 and the VW group ranks two. Fiat has continued to lose ground in the Turkish market for the past fifteen years. The manufacturer relies on the new Tipo (Aegea) to boost its sales.
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