Renault will launch the successor to the Laguna in 2015
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Read more... Renault will launch the successor to the Laguna in 2015
The ASEAN countries will reach a market of 5 million vehicles in 2025
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- Leading automobile markets in the ASEAN region such as Thailand, Indonesia, the Philippines, Malaysia and Vietnam are expected to rise from 3.5 million vehicles (PCs + LCVs) in 2013 to 5 000 000 units in 2025, representing an increase of 43% in 12 years (3% per year over 12 years).
- Car registration reminder for 2013:
- Thailand: 1.33 million units (740 000 PC + 590 000 LCV)
- Indonesia: 1.22 million units (830 000 PC + 390 000 LCV)
- Malaysia: 656 000 units (570 000 PC + 86 000 LCV)
- Philippines: 212 000 units (52 000 PC + 160 000 LCV)
- Vietnam: 97 000 units (60 000 PC + 37 000 LCV)
- Japanese carmakers, that have dominated this area for many years with a market share of 80% could on one hand expect to earn up to 1.5 million additional sales by 2025, but on the other hand they could see their penetration cropped over the next few years with the arrival of competing manufacturers such as Volkswagen, Hyundai, Kia or Chinese brands.
Read more... The ASEAN countries will reach a market of 5 million vehicles in 2025
The Opel plant in Rüsselsheim will manufacture two new models
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Read more... The Opel plant in Rüsselsheim will manufacture two new models
Hyundai is going to build a fourth factory in China
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- The Korean carmaker Hyundai will set up a fourth assembly plant in China. The new site (located in Chongqing, in the centre of the country) will have a production capacity of 300 000 units per year.
- Hyundai today manufactures 1.05 million vehicles annually in China in partnership with the Chinese carmaker BAIC (Beijing) in three different plants located in the surroundings of Beijing (two in Shunyi and one in Yancheng).
- The Korean carmaker sold 1.03 million vehicles on the Chinese market last year (of which 966 000 units where made in China) and has set a target for 2014 of 1.08 million units (of which 1 million units made in China ). But its current production capacity is limited to 1 million vehicles a year.
- The construction of this fourth plant will therefore enable Hyundai to manufacture up to 1.3 million vehicles per year starting from 2015-2016. At that time, its forecast ranged from 1.13 million units to 1.18 million units per year.
- This means that if the growth rate of sales of Hyundai models in China is maintained, it will need a new factory around 2018. The last plant built by the Korean brand in China dates back to 2012. This plant has a capacity of 300 000 units per year.
- The most made Hyundai models in China in 2013 were the Elantra (413 513 units), Verna (202 403 units), iX35 (157 300 units) and Sonata (105 500 units).
Read more... Hyundai is going to build a fourth factory in China
Chinese carmakers strategies for electric vehicles
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Strategies, existing or to come, can be classified into several categories:
Read more... Chinese carmakers strategies for electric vehicles