SAIC will sell 4 million vehicles in 2012
- Details
-Shanghai GM joint venture between SAIC (the first Chinese manufacturer) and GM (the first American manufacturer), sold 1.14 million units in the first ten months of 2012 and is expected to reach its target for the whole of 2012, aimed to 1.38 million units.
Shanghai-GM-Wuling(JV between SAIC and Wuling GM) sold 1.01 million vehicles over the first ten months of 2012.
-On its side, Shanghai VW joint venture between SAIC and VW (first European carmaker), has sold 1 million vehicles over the first ten months of 2012.
-The own brands, SAIC Roewe and MG, sourced from the British takeover of MG Rover in 2005, totaled 153,484 sales in the same period.
-For the full year 2012, the group SAIC will therefore sell 4 million vehicles i.e. more than a manufacturer such as PSA.
Japanese carmakers will increase their facilities in North America
- Details
- Japanese carmakers are increasing their industrial presence in North America in order to offset the strong yen and catch-up production lost after the earthquake of 2011 in Japan.
- Over the next three years, three new plants will be built in Mexico (Mazda, Nissan, Honda), while two other sites in the United States will be expanded (Subaru, Mitsubishi).
- This wave of expansion, the largest since 2000-2003, focuses on increasing the capacities of plants building small cars or luxury cars. In the past 2000-2003 wave, carmakers had focused their expansion on manufacture of SUV and pick-up.
- Furthermore, additional capacities are now set up primarily in Mexico, while the United States and Canada were privileged before 2003.
Read more... Japanese carmakers will increase their facilities in North America
Volkswagen sold 7.5 millions of vehicles over the last 10 months
- Details
- The Volkswagen Group sold 7.50 million vehicles over the last ten months (+10.2% compared to the ten months of 2011), with 789,000 units sold in the month of October (+14.6% compared to October 2011). Declining sales in Western Europe were offset by growth in North America, China and Russia.
- In China, sales over the last ten months rose by 19.6% to 2.26 million units. In North America, sales increased by 25.4%to 671,000 units, including 481,000 vehicles in the United States (33.5%). In Europe (27 countries), Group sales totaled 3.1 million units in last ten months of 2012 (+0.9% versus same period of 2011). In Russia, the Group sales increased by 46.7% to 262,000 units.
- Except Seat, all the group's brands grew over ten months. Audi sales rose by 12.9% (1.22 million units), those of Volkswagen by 11.2% (4.72 million units), and those of Skoda by 7, 2% (0.80 million units). Seat’s sales in contrast, have decreased by 9.8% down to 270 000 units.
Read more... Volkswagen sold 7.5 millions of vehicles over the last 10 months
Qoros will introduce its first model in March 2013
- Details
- Qoros joint venture between Chery and financial holding company Israel Corp. will introduce its first model produced in China as a world premiere at the Geneva Motor Show in March 2013.
- Sales are scheduled to start during the second half of the year, probably in October. The new car, a four door sedan whose name has not yet been chosen, will be sold at the same time in Europe and China.
- All products Qoros were designed strictly according to the international standards of safety, quality and environmental protection, and strive to obtain the maximum score of five stars for Euro NCAP safety tests in 2013.
- The new brand is expected to produce 150,000 vehicles per year at the beginning. Its full potential is estimated at 450 000units per year.
Read more... Qoros will introduce its first model in March 2013
Audi continues to have the wind in its sails
- Details
- Global sales of Audi increased by 13.9% in October (In comparison with October 2011) to 123,600 units, and by 12.9% in ten months
(in comparison of last year same period) to 1.2 million units.
- In the sole European market, the brand sold 61,000 cars last month, up 4.2% (in comparison with same month last year). In October, Audi recorded increases of 5.1% in Germany, 19.8% in Britain and 0.2% in France. In contrast, sales fell by 14.1% in Italy and 11.8% in Spain.
- In China, Audi sold 36,000 vehicles in October (+ 29.5%) and nearly 333,000 over ten last months (against 313,000 in the same period last year).
- In Russia, Audi has increased its sales by 57.1% last month to 3,000 units.
- Finally, in the United States, the brand sold 12,000 cars in October, up 14.5%.