LCV sales outpaced PC sales in the US market in 2014

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LCV sales outpaced PC sales in the US market in 2014
 

- In the USA, the definition of passenger cars and light commercial vehicles differs from that found in Europe, Japan and China. Minivans, SUVs and crossovers are in the light truck category (while in Europe and Asia, they are part of the passenger car category).


- Considering this ranking, light trucks have begun to overtake passenger cars in terms of sales volumes between 2002 and 2007, with the arrival of many new models on the market, especially SUVs and crossovers that precipitated the demise of estate bodies (station wagon).


- The collapse of the market in 2008 seems to have greater impacted this type of vehicle since the decline in sales of light trucks was stronger than that of passenger cars. As of 2013, light trucks once again outpaced passenger cars and accounted for 52% of the market in 2014, where sales of light trucks will reach 8.4 million against 7.9 million passenger cars.


- The largest carmakers of light trucks in the US are General-Motors, Ford and Fiat-Chrysler which together account for 60% of the LCV market, while the largest carmakers of PC are Toyota, General Motors, Hyundai-Kia, Nissan and Honda, that account for 65% of the market of PC.


14-30-2  


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China registered 31 000 hybrid and electric vehicles over the 8 months of 2014

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China registered 31 000 hybrid and electric vehicles over the 8 months of 2014
 

- In China, sales of Hybrids, plug-in hybrids and electric vehicles grew by 328% over the first 8 months of 2014 compared to the first 8 months of 2013.


- 31 137 electric and hybrid vehicles were manufactured and sold in China during this period, of which 6 621 were plug-in hybrids (i.e. 12 times more than last year and 16 276 electric vehicles (7 times more than in the first 8 months of 2013). The sales of classic hybrid vehicles remained stable at 8 240 units.


- In August alone, 5 191 electric and classic hybrids were manufactured (i.e. 11 times more than in August 2013), Which bodes well for an even stronger growth in the future than that experienced today, and a sales volume close to 50 000 units over the whole of 2014.


- Within this segment, the production of electric commercial vehicles increased by 55% over eight months, and plug-in hybrid commercial vehicles increased by 91%, while that of non-rechargeable hybrid vehicles remained stable.


- Despite these increases, the production of such vehicles is a very small share of total vehicle production in China (only 0.2%). It should be noted that in Europe this segment represents  2% of the total market and in the United States this segment represents almost 4%.


14-29-9  


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Thailand production and sales are decreasing strongly

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Thailand production and sales are decreasing strongly
 
- Thai automotive production has benefited from the strong growth of its local market for over a decade (Shifting from 700 000 PC+LCV in 2005 to 1 400 000 PC+LCV in 2012). The country was also boosted thanks to the decision carmakers took the make Thailand the hub for mid-range Pick-ups marketed worldwide. Most of the Toyota Hilux, Mitsubishi L200, Isuzu D-Max, Ford Ranger, Mazda BT-50 are manufactured in Thailand.

- Thus throughout the years Thailand has become the 9th producing country worldwide, ahead of Canada, Spain and France. Since the beginning of 2014, the country’s production levels have suffered from a strong decrease (-28% over 8 months, reaching only 1 250 000 units). The local market has decreased by 38% over the first 8 months of the year to under 600 000 units. Exports are stagnating (at +1.7%), reaching 750 000 units.

- The reason for which the Thai automotive market is experiencing such a strong slowdown this year is mainly explained by the political crisis that arose at the beginning of the year and the discontinuation of government incentives for the purchase of new cars, namely the « First ownership » bonus that ended in 2012.

- In 2012 the Thai automotive market increased by 80% thanks to these incentives. By 2013, the market had already started to decline, decreasing by 7.7% to reach 1 300 000 units. In 2014, the downfall continued and got worse and we expect to end the year with an annual volume of 900 000 vehicles sold.

14-29-8  


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The future Opel Combo based on PSA models and no longer Fiat models

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The future Opel Combo based on PSA models and no longer Fiat models
 

- For several years now, Opel, the German make of the GM group has stopped designing light commercial vehicles. Since 1998, the Opel Movano is actually a rebadged Renault Master and since 2001 the Vivaro is based  on the Renault Trafic.


- Since 2012, Opel has been working hand in hand with Fiat in order to manufacture a small LCV  namely the Opel Combo. Previously based on the Opel Corsa, the Combo has become a rebadged version of the Fiat Doblo. Unfortunately, the Opel Comba (based on the Doblo) has not reached it sales target (Reaching only 30 000 units a year), The LCV market has considerably reduced between 2007 and 2012 and hence the partnership between GM and Fiat will not be continued for the next generation Combo. In fact, the agreements signed between GM and PSA in 2012 should have concluded in the production of a segment B vehicle.


- The future Combo (2017?) will hence be based on the next generations of the Citroen Berlingo and Peugeot Partner that will be launched toward the end of 2016. The combo will be manufactured in a PSA plant; either in the Mangualde plant (Portugal) or in the Vigo plant (Spain) where PSA makes its small LCVs.


14-29-7  


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Mitsubishi is going to build a plant in Indonesia

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Mitsubishi is going to build a plant in Indonesia
 
- Mitsubishi currently has one plant in Indonesia, at Pulogadong. This plant has a production capacity of 80 000 units and produced 60 000 vehicles in 2014 : The ASX (segment B, SUV), the Outlander (segment D, SUV), the Colt (segment B, saloon) and the L 200 (Pick-up).

- Over the first 6 months of 2014, the Mitsubishi make accounted for 7% of the Indonesian market, a market up by 6,7% (6 months 2014/ 6 months 2013). It seems that the current production capacity of the Pulogadong plant is not sufficient to follow the growth in demand (the market should reach 1.3 million units in 2014).  Following this fact, Mitsubishi has decided to open a new plant in this country.

- Located in Bekasi (In the suburbs of Jakarta) the plant should be operational in the first half of  2017. The initial production capacity will reach 160 000 units per year. But could be extended to 240 000 units. In this plant, Mitsubishi will manufacture small MPVs (passenger minivans and commercial ones) and the Colt an urban vehicle. Manufactured for the local market and for a few countries in that region, namely Thailand, Malaysia, Philippines and Vietnam.

- The vehicles answer two market needs : The need for small MPVs, one of the largest segments in this market and the need for more « LCGC » vehicles (Low Cost Green Car), promoted by local authorities.

14-29-6  


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  1. Renault-Nissan to produce the Lodgy MPV in Russia and India
  2. Nissan is going to produce the new Pathfinder in Russia
  3. Evolution of plant utilisation rate in Europe (EU + Turkey) in 2014
  4. Sales growth by make in Europe between 2008 and 2013
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