Land Rover plans to produce 600,000 vehicles a year by 2020

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Land Rover plans to produce 600,000 vehicles a year by 2020

- Land Rover plans to expand its plants in Solihull and Halewood and strengthen its position in China and India, to occupy about 3% of the global off-road recreation market.
- The manufacturer plans to double its production in the UK by the end of the decade (from 300 000 to 600 000 units per year).
- It plans to invest 10 billion pounds (12.5 billion euros) over the next five years in order to offer sixteen different models (Range Rover six, five Discovery / Freelander and Defender five).

 

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Ford is making a profit in North America but losses in Europe

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Ford is making a profit in North America but losses in Europe

-Ford has announced a net profit of $ 1.6 billion and a turnover of $ 32.1 billion (-1%) in the third quarter. Automotive operations have generated an operating profit of $ 1.8 billion, up 33% year on year.

-These results are mainly generated by its operations in North America, where Ford has heavily restructured its operations in recent years. Ford  records there an operating profit of $ 2.3 billion, representing a margin of 12% for this region sales, the highest since 2000.
-Finally, in Europe, Ford digs his loss to $ 468 million, against $ 300 million a year earlier. 
In the first nine months, Ford recorded a loss of $ 1 billion in Europe with a negative operating margin of 5%. Ford expects to lose a total of $ 1.5 billion this year in Europe, a figure very close to that provided by GM for their own European branch.
-To reduce its losses and return to profitable growth, Ford announced last week the imminent closure of three factories in Belgium and the United Kingdom. This restructuring process affects 6200 employees, which represent 13% of its workforce in Europe.

 

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Fiat is reorganizing its brands

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Fiat is reorganizing its brands
- Fiat plans to give up the Lancia brand.
- Fiat wants Maserati and Alfa to become  spearhead Premium brands
      • 2013 new model Alfa and Maserati two new models.
      • 2014: two new models and a new model Alfa Maserati.
      • 2015: Alfa three new models and two new Maserati models.
      • 2016: two new models and a new model Alfa Maserati.
-The Fiat brand would retain only the 500, Panda, Punto
      • 2014: new generation Fiat Punto.
      • Abandonment of models in segments C and D (Bravo) now dedicated to Alfa.
- All these new models will be produced in Italy.

 

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Chery plans to produce cars in Brazil from the end of 2013

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Chery plans to produce cars in Brazil from the end of 2013
- Chery plans to produce cars in Brazil from the end of 2013.
- The first model that it will assemble at its plant in São Paulo is the compact car Chery Celer (sold under the name Fulwin 2 in China).
- The Brazilian Chery factory required an investment of 2.5 billion yuan (313 million euros) and is designed to produce 150,000 vehicles per year. The entire production process will be carried out on site.
- Chery vehicles have been assembled from CKD in Brazil so far. Last year, Chery sold nearly 22,000 vehicles in the Brazilian market, which is one of its major export markets.

 

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Maserati unveils new Quattroporte

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Maserati unveils new Quattroporte

-This limousine is at the top of the range Fiat-Chrysler (F segment ).

   Maserati Quattroporte should be joined by a sedan, the Ghibli model (E segment) in 2013.

- All these new models will be produced in Italy, in two plants dedicated to Maserati: Modena and Grugliasco

-Five other Maserati models will be launched in 2016. These models will compete with Audi, BMW, Mercedes and Jaguar.

 

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  1. Status of USA market in 2012
  2. The Brazilian market increased by 21.8% in October
  3. Toyota expects a return to normal in China from July 2013
  4. Decrease of Argentina market in 2012
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