Japanese production PC + LUV increased by 1% in 2014
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Read more... Japanese production PC + LUV increased by 1% in 2014
Malaysian production evolves sporadically since 2005
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Read more... Malaysian production evolves sporadically since 2005
Inovev expects 350 000 annual sales of the new VW Passat in Europe
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Read more... Inovev expects 350 000 annual sales of the new VW Passat in Europe
Geely to build a Volvo plant in the US
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- While Geely is currently building two factories in China for its European subsidiary Volvo, the manufacturer has confirmed its plan to build another Volvo plant in the US. A historically very important market for the Swedish brand that entered this market in 1955 and had already chosen twenty years later to set up a plant near this market, in Canada (the plant closed in 1998).
- The new plant project in the United States that should be operational in 2018, will allow Volvo to increase its sales consistently. Last year Volvo accounted for 0.4% of the US market i.e. 56 000 vehicles sold. In the medium term, the aim would be to reach 100 000 sales (2020 target).
- Thanks to this new plant whose exact location and capabilities have not yet been disclosed, Volvo will now be present on three continents and have five manufacturing facilities including those already present in Europe (in Gothenburg, Sweden and Ghent in Belgium) and China (Chengdu and Chongqing).
- The models manufactured in the new plant will be models adapted to the North American market, ie high-end models like the XC90 and future S90 / V90 (successor of the S80 / V70). It is unclear, however, if Volvo will be manufacturing intermediate range models in the plant (S60, V60, XC60).
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Chinese production (PC + LUV) increased by 8.9% in 2014
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- China's automobile production rose again in 2014, + 8.9% compared to 2013, reaching 23.4 million PC + LUV, consolidating its world leadership acquired in 2009, ahead of the European Union and the United States.
- This growth was lower than that recorded in 2013 (+ 14.7% compared to 2012), but remains high compared to the growth in global automotive production that did not exceed 3.3% in 2014.
- Since 2010, growth in Chinese production has decreased, but still has an annual average of 10% over the last four years, which equates to an increase of about two million units per year. And according to forecasts by the Chinese government, there is no early indication of a sharp slowdown in consumption before 2020. Chinese production could continue to rise to two million units per year until that date. It could therefore represent up to 35 million units by that time i.e. one-third of global automotive production.
- JV with foreign manufacturers account for 60% of production PC + LUV (70% of PC production). For several years, the leaders kept their respective positions, including the VW group (15% of production PC + LUV), GM group (14%) and Hyundai-Kia (8%). The Chinese group Changan is the only Chinese one to join the top 5. The other 100% Chinese manufacturers failed to overtake Toyota, Renault Nissan, Honda, Ford and PSA.
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Read more... Chinese production (PC + LUV) increased by 8.9% in 2014





