Indonesian exports on the rise driven by Toyota
- Details
Contact us: info@inovev.com
Read more... Indonesian exports on the rise driven by Toyota
Vietnam aims to produce 1.53 million vehicles (PC+LCV) in 2035
- Details
Contact us: info@inovev.com
Read more... Vietnam aims to produce 1.53 million vehicles (PC+LCV) in 2035
PSA redefines production targets for European plants in 2017
- Details
- PSA (Peugeot-Citroën) has updated and communicated the new production targets for European plants by 2017.
- Firstly, the Group confirms its commitment to produce 1 million vehicles in France in 2017, a slightly larger amount than the levels produced in 2014 (950 000 according to PSA and 1 million units according to Inovev) but the volumes will still remain a lot lower than those of 2007 (1.5 million units).
- According to Inovev the volume of production in 2017 (a volume already reached in 2014), is easily achievable, especially given the volume of the European market by this deadline and the arrival of new models.
- By plant, the group’s plans for 2017 are (compared to 2014) :
- Sochaux: a volume of 385 000 vehicles, an increase in production of 20% due to the success of the 308, to the arrival of the Opel Zafira and the new 3008 (despite the transfer of the 5008 to Rennes).
- Rennes: a production volume of 110 000 vehicles (against less than 70 000 in 2014), thanks to the arrival of the 5008.
- Mulhouse: a volume of 300 000 vehicles (against 280 000 in 2014), a slight increase (thanks to the new C4 and DS).
- Valenciennes: a volume of 65 000 vehicles (against 75 000 in 2014), a slight decrease (end of the Fiat Scudo).
- Poissy: a volume of 140 000 vehicles (against 260 000 in 2014), representing a decrease of 45% due to the transfer of the C3 and 208 to Trnava whose volume should reach 340 000 vehicles in 2017.
- Vigo, Villaverde, Mangualde : volumes up by 12%, 46% and 26% respectively, due to the increasing sales pace of the C4 Cactus, the future Berlingo, Partner and the arrival of future Opel Combo.
Contact us: info@inovev.com
Read more... PSA redefines production targets for European plants in 2017
In June 2014, China had 23 348 passenger cars dealerships
- Details
- According to the results of a study conducted by an Inovev partner in China, the Chinese mainland had in June 2014, 23 348 passenger cars dealerships. This result, is to be compared to the 21 756 counted in July 2013, shows an increase in the number of dealers in China.
- However, this figure hides differences based on carmaker strategies. Indeed, due to the large number of small local carmakers, dealers selling domestic brand vehicles account for nearly half of the retaillers (11 299 dealership). However, the sales efficiency (volumes of monthly sales per dealership) is below 48 units. Moreover, the declining sales of local Chinese carmakers in 2014, suggests that the rate of sales will further decline in the second half of this year.
- Behind Chinese brand dealerships, Japanese brands come next with 4 603 dealerships, European brands had 4 313 dealerships, American brands had 1 937 dealerships and finally Korean brands had 1 196 dealerships. By group, VW is most present in the country with 2 122 dealerships.
- Wuling, VW and Audi are the brands with the most significant sales efficiency rate (respectively with 277 units, 171 units and 144 units), followed by BMW (83 units) and Mercedes (77 units). Japanese brands are less efficient with a sales efficiency of 64 units, less than half of the efficient obtained by Korean brands (122 units), while there was 4 times more Japanese dealerships than Korean ones.
- Finally, the coastal provinces of Shandong, Guangdong, Jiangsu and Zhejiang are the ones who opened the most dealerships in recent years. However, dealerships should now be opening more and more in inland cities and medium-sized cities, following the sales growth in these areas.
Contact us: info@inovev.com
Read more... In June 2014, China had 23 348 passenger cars dealerships
Hyundai to manufacture LCVs in Europe for the local market
- Details
- In a European market where the share of LCVs was up by 10% in 2014 (compared to 2013), the production of 3.5 ton vehicles reached 650 000 units in 2014 (against 600 000 units in 2013). The leaders in this category are the Ford Transit (200 000 units), followed by the Mercedes Sprinter (125 000 units) and the Fiat Ducato (100 000 units).
- Up until now the Korean carmaker Hyundai-Kia occupied only a very small share of the market for light commercial vehicles (H1 model imported from Korea). Today, the manufacturer is going to establish itself in this market with a new model, the H350, it will be competing with the Renault Master, Ford Transit, Fiat Ducato, Mercedes Sprinter and Volkswagen Crafter).
- The name of the vehicle is related to its weight and allows us to anticipate the launch of future light commercial vehicles by the Korean carmaker. These new models could be named H250 (competing with the Renault Trafic, Opel Vivaro, Ford Transit Custom, Mercedes Vito, Volkswagen Transporter) and H150 (competing with the Renault Kangoo, Opel Combo, Fiat Doblo, Ford Transit Connect, Mercedes Citan, Volkswagen Caddy) ...
- This model will be produced in the Turkish assembly plant ran by Karsan located in Bursa which already manufactures the Fiat Ducato and the Peugeot Boxer for the local market. For now, the H350 will be available in two lengths (5.50m and 6.20m) and two engines (2.5 diesel available in 170 hp or 150 hp ). Hyundai has not provided production targets, but for a newcomer, we can estimate a volume of 50 000 annual units as being a possible target and also be close to the volumes of the Citroën Jumper and Peugeot Boxer.
Contact us: info@inovev.com
Read more... Hyundai to manufacture LCVs in Europe for the local market