Avtovaz is still the leader in the Kazakhstan VP market
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- Kazakhstan (former USSR republic which became independent in 1991) enjoys a favorable economic environment: the country which has 17 million inhabitants has an economy mainly based on oil exports, which account for 56% of its exports. This fast developing country (5% average since 2010) holds 3% of global oil reserves and aims to become one of the top five exporters in the world.
- The automobile market (PC) of Kazakhstan has doubled between the first quarter of 2012 and the first quarter of 2013, from 13,464 to 25,382 units of passenger cars. Over the whole year 2013, it could raise up to 150,000 units in 2013 and 280,000 units in the medium term. In 2012, the market represented 95,313 vehicles (PC), two times more than the previous year.
- Avtovaz (Renault-Nissan group), which owns 40% of the market, is well ahead of its competitors, especially because the carmaker assembles vehicles locally.
- Three models hold more than one third of the market: the LadaPriora and the Lada Samara and the Daewoo Nexia. Fourth, there is the LadaGranta, followed by the LadaNiva, the Hyundai Accent (made in Russia), the Toyota Camry (made in Russia) and the Kia Cerato (Made in Russia).
Data source: File #55 - Registrations in the World by makes
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Read more... Avtovaz is still the leader in the Kazakhstan VP market
The Iranian market affected by the embargo in 2012
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Data source: File #55 - Registrations in the World by makes
Contact us: info@inovev.com
Read more... The Iranian market affected by the embargo in 2012
Steady decline in the production of Western Europe compared to Eastern Europe
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Read more... Steady decline in the production of Western Europe compared to Eastern Europe
GM is going to sell the Nissan NV200 with Chevrolet’s logo
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Read more... GM is going to sell the Nissan NV200 with Chevrolet’s logo
Steady decline in mainstream brands in the European market
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- Since the early 90s European generalist brands have been steadily losing ground in Europe. Their market share went from 72% to 56% between 1995 and 2012. These 16 lost points were taken by European Premium brands (such as Audi, BMW, Mercedes, Volvo, Saab, Alfa, Lancia, Jaguar and Land Rover), these same brands won 7 points, the Japanese mainstream brands won 1.5 points, the general Korean brands have won 6 and finally low cost brands (Dacia, Lada), won 1.5.
- This shows that the two categories that have "chewed away” at European mainstream brands are for 80% of European premium brands (in the upper price range) and general Korean brands (in the lower price range).
- Japanese mainstream brands and low cost brands have gained little from general European brands (20% of cases). It also seems that the general Korean brands have "chewed" generalist Japanese brands, since 2008 we have observed a weakening of Japanese market share while Koreans continue to progress.
- The low cost car market is still very incremental since it only occupied 2% of the European market in 2012.
Data source: File #55 - Registrations in the World by makes
Contact us: info@inovev.com
Read more... Steady decline in mainstream brands in the European market