Worldwide production shifts on towards East
- Details
Slower growth of Russian market in 2012
- Details
- The Russian market grew by 10.6% in 2012 (compared to 2011), to 2,935,111 units (Passenger Cars + Light Utility Vehicles), which marks a sharp slowdown from the previous year (+38.9% in 2011 compared to 2010).
- The most worrying fact is that the increase in sales in November and December is almost zero, foreshadowing a possible trend reversal in 2013, although it is still quite unlikely. The most credible hypothesis is a quasi-stable Russian market in 2013.
The market does not seem to prompt a new wave of growth in the immediate future. The numerous carmakers’ investments (Volkswagen’s, Ford’s and Avtovaz’ in particular) in the country could even cause problems with overcapacity.
- Manufacturers have indeed invested heavily in recent years, installing new capacities in the country, attracted by this new Eldorado, which promised to surpass the German market in a few years.
- As for carmakers, the Russian market in 2012 was dominated by Lada (18.3%), followed by Chevrolet (7.0%), Renault (6.5%), Kia (6.4%), VW (6 2%), Hyundai (6.0%), Toyota (5.8%) and Nissan (5.6%). The Renault-Nissan group (including AutoVAZ) is by far the Russian market leader with a market share of 30.4% in 2012.
Land Rover unveils its 2013-2015 product plan
- Details
-Following the launch of the new Range Rover in 2012, Land Rover announces new launches over the next three years:
• The Range Rover Sport will be renewed during the summer of 2013.
Like the Range Rover , it will be designed using a new aluminum platform with an objective of weight saving.
• The Defender will be renewed in 2014.
The current model is one of the oldest in the world, since its origin dates back to 1948 and since that date, the silhouette has very little changed.
• The Freelander will be renewed in 2015.
The current model dates from 2006 and has been upstaged by the recent Range Rover Evoque which attracted a lot of customers.
• The Discovery should be renewed in 2016.
The Korean market fell by 2.9% in 2012 compared to 2011
- Details
Read more... The Korean market fell by 2.9% in 2012 compared to 2011
Ford will not replace the KA
- Details