What about a Russian embargo on EU car imports?
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GM US product plan unveiled (2015-2018)
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- The GM group will probably produce close to 9,8 million vehicles (PC+UV) worldwide in 2014, which will place the US carmaker as the third global player. In coming years, GM has decided to revamp key models of US marketed (Buick, Chevrolet, GMC, Cadillac).
- The renewal plan has already began but should reach a peak in 2015. Thanks to GM’s new product plan many models will be renewed.
- It must be noted that although traditionally GM waits a long time between vehicle generations. But this time it has decided to shorten the wait, hencemodels that weren’t due for a facelift before 2 years or more will be updated next year. On the other hand it seems that 2017 and 2018 may experience a slow in terms of vehicle replacement although GM has still time to plan ahead.
- In 2013, GM’s best selling model in US, the Chevrolet Cruze, was sold at 688 000 units followed by another Chevrolet, the Silverado with 592 000 units and last but not least the Buick Excelle with 294 000 units.
- GM like other manufacturers is increasingly making their models more and more global. A few years back GM had too many models and too many model variations in the world to be able to simultaneously update its vehicles.
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The BMW product plan unveiled (2015-2017)
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Production PC + LCV in Russia in the first half of 2014
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- In the first half of 2014, production (PC + LCV) in Russia reached 1 000 000 units against 1 100 000 units in 2013, a 10% decrease in the total production volume over the period.
- The groups that produce the most vehicles in Russia are: Renault-Nissan (under French control), which produced nearly 369 000 vehicles in the 1st half of 2014 , followed by Hyundai-Kia (179 000 units, under Korean control ), Volkswagen (116 000 units under German control ) and GM (95 000 units under American control ). Russia’s first independent manufacturer to enter the ranking is UAZ (in 11th placewith 9 000 units in the first half of 2014).
- By brand, in H1 2014,Lada is the leading brand in Russia, with 203 000 manufactured units, followed by Kia (113 000 units), Renault (106 000 units), Chevrolet and Hyundai with each 81 000 and 67 000 units respectively.
- Since the beginning of 2014, the market has decreased sharply, moreover in the first 7 months it decreased by 10% (with -23% in July) and we expect that until the end of the year and beyond it will further decline.
- The most produced models are the LadaGranta (Segment C, 76 000 units), Hyundai Solaris (segment C, 67 000 units) and the Kia Rio (segment B, 56 000 units). The most represented segment in Russia is segment C (467 000 vehicles in the first half of 2014).
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The European LCV market increased by 10.2% in the first half of 2014
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- The European LCV market 29 countries recorded an increase of 10.2% of sales in the first half of 2014, compared to the first half of 2013, to 791 000 units (against 718 000 last year).
- This significant increase (PC market growth in Europe did not exceed 6.4% over the same period) offset somewhat the decline in the European LCV market between 2007 and 2013 (-38% in six years). At the end of the year, the market volume should reach 1.58 million units, still below the level of 2011 which was already very low.
- We are far from the booming years between 2000-2008 which often exceeded two million annual sales of LCVs in Europe, 2007 even recorded a peak of 2.3 million units, a level which will be difficult to reach again in the future.
- As for PC in the first half of 2014, Eastern Europe was more dynamic with an LCV sales increase of 14.1% while Western Europe increased by 9.9%.
- If we sum up PCs and LCVs we can observe that the growth in the 29 European countries is on average of 6.8% (reaching 7 638 295 units) which bodes well for a volume close to 14 million units throughout the year. Let us recall that Inovev estimated the the Chinese market at 22 million units, the U.S. market at 16.3 million units and the Japanese market at 5.8 million units over the same period.
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Read more... The European LCV market increased by 10.2% in the first half of 2014