Poland suffers from the relocation of Panda to Italy

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Poland suffers from the relocation of Panda to Italy


- Fiat has announced the suppression of 1,500 jobs at the site of Polish Tichy plant (1,500 jobs is a third of the plant’s staff), because of the difficulties on the European market, where a large part of its production is sold.


- "The situation is very negative on the automotive market and obliges the company to launch today a layoff procedure” said the manufacturer. Production plant Tichy decreased from 600 000 units in 2009 to less than 350,000 units in 2012 and could fall below 300,000 units in 2013.


-This result is actually a consequence of the group’s decision to relocate in Italy the Panda’s production. Polish site is gradually decreasing the Panda’s production and transferring it to Pomiglianoin Italy (near Napoli). This plant will therefore be in position to  continue its activity

  while Fiat has conversely  just closed (in 2011) the Sicilian Termini plant .

 

- The manufacturer, however, will continue to produce at the Tichy plant the Fiat 500  the LanciaYpsilon and the Ford Ka, these three models sharing the same platform (one of the Panda).



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The British Aston Martin becomes Italian

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The British Aston Martin becomes Italian


-The Italian investment fund “Investindustrial” announced that it has acquired 37.5% stake in Aston Martin for 190 million euros . With this investment, which will pass through a reserved capital increase, the fund run by Andrea Bonomi becomes the  main shareholder of the British manufacturer.

- The Italian fund’s offer won against Mahindra’s one (Mahindra had also the objective to buy the brand).

-Through this agreement, Aston Martin will be able to invest 625 million euros in new models and a technology program during the next five years.

-British brand was in dire need of this cash to be in good position in competition with its major rivals, which all belong to large groups, such as Lamborghini and Bugatti (Volkswagen), Ferrari and Maserati (Fiat).

-In the first nine months of 2012, sales of Aston Martin declined nearly by 20% to 2,520 units. At this rate, 3,500 units can be expected to be sold on the whole year 2012. The manufacturer had sold 4,200 cars in the world in 2011 and 6800 in 2007.



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Imports to Japan could reach 5% market share

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Imports to Japan could reach 5% market share

- The Japanese “cruise” market is around 4.2 million vehicles per year (to be compared to the “cruise” French market which is around 2 million vehicles per year).

- Imports of Japanese vehicles have always been very low compared to the overall market (between 4% and 6% of the market between 2000 and 2011) and compared to other major markets, such as Europe or the USA.

- It is to be noted that in Asia, traditionally imports remain very low (see China and Korea).

- Nevertheless , since 2011, we can see a minor increase of imports to Japan, after a net decrease between 2007 and 2009. In 2012, they could again exceed 5% of the market. However, it is two times less than in Korea.

- Two-thirds of these imports come from German brands (BMW, Mercedes, Volkswagen, Audi, Porsche), which will represent in 2012 a sales volume of approximately 160,000 units.

 


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Crisis does nor exist for carmakers “Premium”

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Crisis does nor exist for carmakers “Premium”


-  In November, sales of “Premium” car manufacturers in Germany have increased: the BMW brand sold 145,500 vehicles (+26.4% compared to November 2011), the Audi brand has passed 123,600 (+10.9 % compared to November 2011) and Mercedes 120,400 (+ 5.7% compared to November 2011).


- In the first 11 months of 2012, BMW (excluding Mini) sold 1.38 million vehicles (+10.9%), Audi 1.34 million (12.7%) and Mercedes (excluding Smart) 1 19 million (+5.1%).


- The three manufacturers sell so nearly 4.3 million vehicles throughout the year 2012, i.e. 5% of global sales all manufacturers.


- These three manufacturers account for 51% of sales of premium manufacturers in the world in 2012.



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Opel confirms the stop of production at Bochum plant in 2016

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Opel confirms the stop of production at Bochum plant in 2016


- Opel management has informed - on 9/12/2012- the workforce that vehicle production at the Bochum plant will be discontinued after production of the Zafira model which is scheduled to cease in 2016. The Zafira is the last model produced in this factory.

- Among the 3000 current jobs, some will be kept on the logistics center and a possible parts production plant which could be created on the spot. Opel will also finance  a “working group "perspective Bochum 2022" aiming at finding opportunities to create a new activity in the site and finding employment in the city and region to ensure the conversion of 3,000 current employees.

- The Bochum plant began operations in 1962 with the launch of the Opel Kadett. Since the early 2000s, it has recorded a drastic decline in production volume due to several relocations.

- From 2015, the Opel Astra is no longer produced in Poland (Gliwice) and Great Britain (Ellesmere Port), and from 2016, the Opel Zafira will be output in Poland (Gliwice ).



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  1. Imports to Korea now exceed 11% of the market
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  3. Hyundai-Kia use more than 100% of its capacities
  4. Citroën postpones the future C5 launch
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