Toyota will produce the RAV4 in Russia for the local market
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Read more... Toyota will produce the RAV4 in Russia for the local market
Renault brand announces its return in Indonesia
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- The Renault brand, announced on September 18 its return to Indonesia via an agreement with the local builder Indomobil, targets a market share of 5% in the country. Renault say it will launch in 2015 several models specifically adapted and assembled locally by Indomobil.
- Indonesia, the fourth largest country in the world in terms of population, is an important automobile market with 1.2 million vehicles sold in 2013, the carmaker see a very high growth potential in this country. The penetration rate is still very low, with 46 cars per 1 000 inhabitants (less than India: 50 cars per 1 000 inhabitants).
- Renault has set itself the goal of becoming by 2016 the leading European brand in Indonesia. Currently, the Indonesian market is 90% dominated by Japanese carmakers and Europe is mainly represented by German carmakers.
- A single model holds in the country more than 15% of market share(100,000 units sold in the first half of 2013), it is the small Toyota minivan Avanza (7 seater), far ahead of its competitor the Suzuki Ertiga (5 % marketshare). Dacia Lodgy 7 seats that could be rebadged under the Renault name in this market would be a good alternative, as the new Datsun Go + a 7 seater variant of the urban Go, which was presented this summer.
Read more... Renault brand announces its return in Indonesia
Chinese exports have declined by 10% over the 7 first months of 2013
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- As we saw previously imports in China fell by 10% during the first half of 2013, Chinese auto exports have also declined by 10% over the first seven months of the year, to 640,000 units, without there being a link between the two phenomena.
- Let us remember that these Chinese exports represent only 5% of the total automobile production in the country (about one million units) and only represents 1% of automobile exports in the world.
- In comparison, Germany, Japan and Korea export more than 50% of their total production.
- The most obvious explanation for this phenomenon is that Chinese manufacturers are too busy to respond to the demand (which is large and growing) in China, and secondly those who tried to implement themselves in foreign markets (especially independent Chinese manufacturers) fail to impose themselves on the global market where competition is fierce.
- We need to point out that it only took China 11 years to reach the threshold of one million vehicles exported. Yet it took 15 to 20 years for Japan, Korea and Germany to achieve the same volumes.
- The average price of Chinese cars exported amounted to $ 13 000, which represents 60% of the average price of Korean cars exported, and 40% of the Japanese cars exported and 30% of the price of German cars exported.
Read more... Chinese exports have declined by 10% over the 7 first months of 2013
GM will make streamline the manufacturing of the Buick and Opel
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Read more... GM will make streamline the manufacturing of the Buick and Opel
Chery launches two new sedans the Arrizo 3 and Arrizo 7
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Read more... Chery launches two new sedans the Arrizo 3 and Arrizo 7