GM introduces the new generation of its pick-up best-seller

General Motors unveiled on 13th December the redesigned versions of its full-size pickup Chevrolet Silverado and GMC Sierra, which will be presented at the next Detroit Motor Show and marketed from the second quarter of 2013.

Both pickups will be offered with a choice of three engines EcoTec3 (V6 4.3 liter, V8 5.3 l, 6.2 l V8), coupled with six-speed gearboxes. They will be manufactured in Flint and Fort Wayne (United States) factories, as well as in Silao (Mexico) plant.

The Silverado and Sierra are the best selling and most profitable cars of General Motors. They traditionally represent more than 20% of all sales in the United States. The Silverado was the second best selling large pickup  in the U.S. market between January and November (with 367 600 units), behind the famous Ford F-Series (576,500). Sierra for its part held the fourth position (138,500 units), behind the Dodge Ram (263 200) Chrysler Group.


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Data source: File #103 - Production in America forecasted until 2017 by countries, makes and models


Ford reaches a 11% share of the US hybrid and electric vehicles

Ford expects to finish 2012 with a penetration of 11% of the U.S. market for hybrid and electric vehicles, more than the double of its 5% market share recorded in the first half of 2012.
 
Toyota controlled 70% of the hybrid and electric vehicles market in the first ten months of 2012, but its market share fell to 60% in October, while Ford's rose 12%.
 
Sales of Ford hybrid and electric vehicles in November have also reached a record level of more than 6 000 units, including  nearly 4 500 units of hybrids and plug-in hybrid versions of  the recently launched C-Max .
 
Sales of hybrid and electric vehicles accounted for less than 3.5% of the U.S. market in 2012. At the current rate, they could represent 10% of the U.S. market in 2020.
 

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Data source: Please contact us at: info@inovev.com


8 models nominated for the election of the « Car of the Year »

As every year on the sidelines of Geneva Motor Show, the election Car of the Year will be held in March 2013.


The jury for this election is traditionally composed of 58 automotive journalists from 22 European countries.

 

Among the 35 new products launched in Europe last year, only 8 were nominated to compete for  the valuable prize. In alphabetical order, here is the list of nominees: Ford B-Max, Hyundai i30, Mercedes A Class, Peugeot 208, Renault Clio IV GT86/Subaru BRZ Toyota, Volkswagen Golf VII Volvo V40.

 

The Audi A3, BMW 3 Series, the Dacia Sandero II, Fiat 500L, the Kia Cee'd and Adam Opel have not be retained.

 

Unlike the two previous years (in 2011 :  Nissan Leaf in 2012 : Chevrolet Volt / Opel Ampera), the Car of the Year will not be a hybrid or electric model, but a classic combustion engine vehicle.


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Data source: File #10 - Start of Production (SOP) in Europe of new and modified vehicles

Geely will be in position to benefit from the Volvo know-how

Volvo Cars and Geely signed an agreement under which the Swedish company authorizes the transfer of its technology to its parent.

 

Geely announced that it has signed several technological cooperation agreements to access the expertise of Volvo regarding its platform of medium-sized vehicles, the indoor air quality and safety.  Geely and Volvo had already announced that  a technology transfer would be possible, as  Volvo owns advanced skills in a wide range of technologies.

 

These technologies, as well as these skills, are critical to the Geely Group to expand into foreign markets and improve the quality of its products.

 

In exchange, Geely will  enable Volvo to be more competitive in the Chinese market and reduce its  production costs.

 

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Data source: File #104 - Worldwide production by makers and country


Renault-Nissan will own 50.1% of AvtoVAZ’s capital

The Renault-Nissan group will hold 50.1% stake in the Russian carmaker AvtoVAZ. The Euro-Japanese group had already acquired 25% stake in AvtoVAZ in 2008.
 
The agreement signed between the two partners states that Renault-Nissan will invest 23 billion rubles (560 million Euros) in the Russian manufacturer:
Renault will invest 11.3 billion rubles (€ 275 million).
Nissan will invest 11.7 billion rubles (€ 285 million).
 
The Renault-Nissan group (including AvtoVAZ) owns 31% of the Russian market in 2012. With this takeover of AvtoVAZ, Renault-Nissan group's target is to occupy 40% of the Russian market in the medium term.
 

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Data source: File #55 - Registrations by countries and by makes


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