The Renault brand Zoe is experiencing a slower start than expected
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- Although it has become one of the electric cars the most sold in Europe, the Renault Zoe has had a much slower start than announced by the manufacturer. In 2011, Renault announced in effect a maximum production capacity of 150,000 units per year for the Zoe in the Flins plant and 90,000 units for the Kangoo ZE (30 000 units), the Fluence ZE (30 000 units) and Twizy (30 000 units). The manufacturer announced that they have set themselves a sales target of 70 000 electric vehicles in 2012 and a target of 240 000 sales in 2015, when Carlos Ghosn thought he would be able to saturate the production capacity.
- However, in 2012 Renault had only sold 12 000 electric vehicles and in the first six months of 2013 they had only sold 6 000 units, which bodes well for a volume under 20 000 units throughout the year 2013. In terms of seasonality, the Zoeis tracing the pace of sales of the Clio IV, but in terms of volume however the Zoe that is sold at the same price as a Clio IV (bonus deducted) achieved sales 43 times lower (6000 Zoe against 260 000 Clio IV for the period from September 2012 to August 2013).
- -Given the slow start of the Zoe, the Renault company has signed a letter of intent with Bolloré to study car sharing solutions and the establishment of an industrial and commercial cooperation in the field of electric vehicles. The agreement could help to accelerate the growth of sales of Renault electric vehicles in France and Europe.
Read more... The Renault brand Zoe is experiencing a slower start than expected
Renault is going to increase the capacity of its plant in Tangiers
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Read more... Renault is going to increase the capacity of its plant in Tangiers
France is the first European market for electric cars
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Read more... France is the first European market for electric cars
The four major Asian markets perform contrasting performances
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- The four major Asian markets are experiencing contrasting trends in 2013. As the Chinese market continues to grow and doing better than the last two years (PC recorded an increase of 13.1% over the first eight months of 2013 compared to the first eight months of 2012), the markets in Japan , India and Korea display negative results (-8.0% for Japan, -8.0% for India and -3.0% for and Korea).
- When analyzing the results over three years (2011-2012-2013), we see that the Chinese market has increased by 25% over this period, while the Japanese market increased by only 5%, the Indian market 6% and the Korean market was down 6% ...
- To set the scale of volumes in these four markets, remember that in 2012 China accounted for 15.5 million PC, Japan 4.5 million, India 2.8 million and Korea 1.2 million, 24 million in total over 60 million PC sold worldwide. These four Asian markets therefore represent 40% of the world passenger car market.
- And this total does not include other Asian countries enjoying strong growth, such as Thailand, Indonesia, Malaysia, the Philippines and Vietnam, which represents 4% of the world total.
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Read more... The four major Asian markets perform contrasting performances
Avtotor has become the second Russian carmaker behind Avtovaz
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- Avtotor is a Russian carmaker based in Kaliningrad, in an area separated from the rest of Russia, formerly known as the Eastern Prussia. This constructor has grown dramatically since the early 2000s, from 20,000 cars produced in 2005 to 250,000 in 2012 (volume multiplied by 12.5).
- It owes its expansion to agreements with various foreign carmakers whose models are manufactured under license. Today Avtotor manufactures for the BMW Group, General-Motors (Cadillac, Chevrolet, Opel) and Hyundai-Kia.
- In 2013, 53% of cars assembled by Avtotor are Hyundai-Kia, 35% are General-Motors (20% Chevrolet 13% of Opel and Cadillac 2%) and 12% are BMW.All these cars are sold on the Russian territory.
- Today Avtotor represents between 10% and 11% of the production achieved in Russia in the past two years. It is the second Russian caramaker behind Avtovaz (Lada).
- Avtotor managed its way through the crisis of 2009 when production fell by half, due to a collapse of the Russian market that year, the carmaker was at the time on the verge of bankruptcy. Reborn, Avtotor managed to double its production in 2010 (the Russian market restarted that year) to make further progress until 2012. Dependent of the Russian market, Avtotor followed its negative trend in 2013 (down about 10%).
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Read more... Avtotor has become the second Russian carmaker behind Avtovaz