Cuba has liberated the automobile trade on its territory
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- Cuba is an exception in the political and automobile world. Embargoed by the U.S. over the last fifty years, Cuba banned simultaneously the importation by individuals of foreign vehicles on its territory. Consequence: 120 000 to 150 000 cars (an estimated volume since there are no official figures ) are currently running in this country of 11 million inhabitants. Half of these cars are American cars of the 40s and 50s that were already present there before the 1959 Cuban revolution that brought Fidel Castro to power.
- Nevertheless there is also the presence of Russian cars (Lada) from the 70s and 80s , European cars (Skoda) from the 90s and 2000s, Chinese vehicles (Chery, Geely) from the 2000s imported by rental companies or administrations.
- Cuba does not yet have an automobile industry but this may change in coming years. A Chinese manufacturer (Geely) that is currently the sales leader in the country is planning to build a small factory there. Meanwhile, a decree was issued to formalize the liberalization of car trade in the country between individuals.
- A second hand Lada costs today about 10 000 dollars, despite an average salary of $20 per month , the importation of foreign vehicles however will only affect the wealthiest part of the population, but in the current economical climate the opening to international trade is already real step forwards.
Read more... Cuba has liberated the automobile trade on its territory
Geely could begin assembling SKD vehicles in Cuba
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Read more... Geely could begin assembling SKD vehicles in Cuba
The seven finalists of the Car of the Year 2014
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Read more... The seven finalists of the Car of the Year 2014
Renault hopes to quickly resume production in Iran
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- Renault hopes to resume quickly its activities in Iran after the effective lifting of sanctions against Tehran expected in January 2014. The manufacturer states that it will anticipate the activity resumption in order to be operational as quickly as possible.
- Renault was an important player in the Iranian automotive market until it freeze its activities in July due to the tightening up of the embargo decided by the Americans. The French automaker sold 103,000 vehicles in Iran in 2012, most of these vehicles being produced in Iran (this volume represented 5% of the world production of Renault. The figures for 2013 are not yet known but they will likely be closer to 50,000 than 100,000.
- Vehicles manufactured in Iran until last summer were Tondars, cars derived from first generation of Dacia Logan which has been manufactured in Romania from 2004 to 2012.
- Even if Renault and PSA have stopped production in Iran, automobile demand in this country remains very important, since the fleet of 20 million cars is aging and composed mostly of old Paykan whose origins date back to the 60s, and the rate of motorization in Iran remains low ( 90 cars per 1 000 inhabitants , against more than 500 in Europe). This market has a potential of 1.5 to 2 million cars per year (equivalent to the Italian market). However it will not exceed 800,000 units in 2013
(against 1.6 million in 2011 and $ 1 million in 2012) due to the embargo.
Read more... Renault hopes to quickly resume production in Iran
Suzuki unveils its lightweight modular platform
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Read more... Suzuki unveils its lightweight modular platform