PSA is considering returning to Nigeria

Details
PSA is considering returning to Nigeria
 
- Due to a tightening of importation rules and legislations concerning new vehicles in Nigeria , the PSA Peugeot Citroën group is studying the possibility of assembling once again vehicles in this country, the group already owns a factory there that has not been operational since 2006. Nigeria has always been a historical territory for Peugeot since the 60s and it is a market with great potential, especially because of substantial amount of resources and population, even though in recent years it has sold on average only 30 000 new vehicles per year.

- Peugeot opened a plant there in the late 1960s. The French manufacturer assembled up to 100 000 vehicles a year from spare parts (CKD) sent from France (mostly Peugeot 404, 504 and 505).

- In 2006, Peugeot wanted to disengage and hence sold the factory to the Nigerian state that reassigned it as a centre for repairs and reconditioning of used vehicles (Nigeria's main market is for used vehicles).

- In 2012, 30 000 new vehicles (all brands) were sold in Nigeria and 16 000 in the first half of 2013, according to the IOMVM the (International Organization of Motor Vehicle Manufacturers).

 


- Peugeot launched in 2012 a model designed specifically for emerging markets, the hatchback 301, which could correspond to the current needs of the market.


13-49-3  

Contact us: info@inovev.com 

 

GM will permanently cease production in Australia by 2017

Details
GM will permanently cease production in Australia by 2017
 
- A few months after the Ford group (and five years after Mitsubishi) General Motors announced that would end its manufacturing operations in Australia. At the end of 2017, it will stop producing vehicles and engines in this country and also reduce its engineering activities.

- Vehicle production in Australia (all brands) dropped within a few years from 300 000 vehicles per year to 250 000, while the market remains stable at one million units per year (comparable to the levels of Indonesia) exports are very low.

- The decision to cease production in Australia reflects a series of Impeding  and deplorable factors that the automotive industry is facing in this country, including a long lasting strong Australian dollar, high production costs, a small local market that is undoubtedly one of the most competitive in the world, the marketing of models from all countries of the world, including China.

- General Motors currently has two plants in Australia: an assembly plant in Elizabeth and an engine plant in Port Melbourne. Specific to this market the Holden brand (Australian GM subsidiary) will continue to be present, but it will only market renamed vehicles produced abroad .

- In 2018, there will only be one assembly plant left in Australia (owned by Toyota).


13-49-1  

Contact us: info@inovev.com 

 

Europe's 2014 new model launches

Details
Europe's 2014 new model launches
 
- The year 2014 promises to be full of novelties. In Europe, we will see the launch of the following models:

- Segment A: The new Renault Twingo and Smart Fortwo designed on a common platform .

- Segment B: the new Skoda Fabia and Fiat 500X. The latter is a mini-SUV designed on the same platform as the Fiat 500L and will compete with the Nissan Juke, Renault Captur, Peugeot 2008, Opel Mokka. Incidentally, the 500X will replace the Sedici that was designed on the Suzuki SX4 platform. Ford will launch the Ecosport that will tackle this mini-SUV market. This model should derive from the one sold last year in South America. Opel will launch a new Corsa, although according to our information, it could only be a restyling of the current model. Similar to the restyling of the Meriva.

- Segment C: Peugeot 308 SW and Volkswagen Golf Sportsvan should address the market for compact estate cars. In the SUV category, Nissan will launch a new Qashqai and Jeep a new Cherokee. In the Premium category the new Audi TT and the Infiniti Q30 (based on Mercedes Class A) will also be launched.

- Segment D: the new Volkswagen Passat, the Mercedes C Class, the Ford Mondeo (already marketed in the United States), the Ford S-Max and the Jaguar F-Type coupe will be launched.

- Segment E: Volvo will renew its XC90 SUV. 


13-48-8  

Contact us: info@inovev.com 

 

GM and PSA are reviewing their cooperation agreement

Details
GM and PSA are reviewing their cooperation agreement
 

- The GM Group announced that it was withdrawing from PSA capital, 7% of the shareholdings it owned have been sold to institutional investors. GM stated that this support for raising capital was no longer necessary since PSA is finalizing a capital increase.


- This decision follows the announcement of a change in the agreement that lied between GM and PSA concerning future projects.


- The projects that will be stopped : 1/ The future Opel Corsa will not use the segment B platform designed for the Peugeot 208 and Citroën C3, the Corsa will probably use the platform of a small Chevrolet. 2/ The future small gasoline engine manufactured by Opel will not share any manufactured parts with the equivalent PSA engine.


- The projects that will be pursued: 1/ The successor to the Opel Zafira built on a PSA segment C platform will be produced in the PSA Sochaux plant (France). 2/ The successor the Citroën C3 Picasso and Opel Meriva built on a PSA segment B platform will be produced in the GM plant of Zaragoza (Spain). 3/ GM and PSA will work together on a future segment B small commercial vehicle (Citroën Berlingo, Peugeot Partner, Opel Combo) that will be produced in Viseu (Portugal).


- GM and PSA insist on the more balanced nature of the terms of this new agreement that is no longer an equity partnership but focuses only on a technical collaboration between both groups.


13-49-2  

Contact us: info@inovev.com 

 

South Africa currently has seven automobile plants

Details
South Africa currently has seven automobile plants
 

- South Africa is the largest automobile market in the whole of Africa, with a volume of more than 600 000 vehicles registered in 2012 (more than 350 000 passenger cars).


- Automobile production is also very present with indeed seven factories producing more than 500 000 vehicles in 2012 (more than 300 000 passenger cars). Existing plants are: East London: Daimler; Isipingo: Toyota; Kempston Road: Isuzu; Rosslyn: BMW and Nissan; Silverton: Ford; Straundale: GM; Uitenhage: Volkswagen.


- Exports exceed 200 000 units per year (mainly to other countries in Africa, Europe and the United States) while imports do not exceed 100 000 units per year. The offset nature of this market compared to other regions of the world seems to explain this fact.


- The strike which affected the car industry in South Africa in September (demanding  a wage increase of 14%) had a significant negative impact on exports and on vehicle sales on the local market. For this reason, the NAAMSA has lowered its forecasted passenger car production for 2013 from 340 000 units to 290 000 units.


13-48-9  

Contact us: info@inovev.com 

 

  1. World production per country for the first 9 months of 2013
  2. Compared evolution of carmakers’ production inside and outside Europe
  3. French brands are neglecting segment E
  4. Since 2009, which manufacturers benefit from the Chinese market?
Inovev platforms  >
Not yet registered ?
By keeping on browsing, on this site, you accept the use of cookies and TCU (Terms and Conditions of Use) of Inovev site (www.inovev.com)
Ok