The US market is down 11.6% in 2021 compared to 2019
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The US market is down 11.6% in 2021 compared to 2019
- The US automobile market (passenger cars and light trucks) remained at a fairly high level in 2021 compared to 2020, since we remained above 15 million registrations, at 15,079,182 units against 14,537,086 units in 2020, which represents an increase of 3.7%. But this volume remains lower than the volumes recorded between 2015 and 2019, which were over 17 million units. The figures for 2021 are therefore down 11.6% compared to 2019, this decline being however less marked than that recorded in Europe over the same period.
- The US market has not yet fully entered the electric era, compared to Europe and China, which may have a positive influence on the level of registrations. (due to the high price of electric vehicles). Electric vehicles (BEVs) and plug-in hybrids (PHEVs) only represent 9% of the market in the United States against 19% in Europe.
- Out of all US registrations in 2021, SUVs represented 7.945 million units (53% of the market), sedans and coupes 3.675 million units (24% of the market), pickups 2.835 million units (19% of the market), minivans 0.325 million units (2% of the market) and vans 0.300 million units (2% of the market).
- For the first time, the Toyota group takes first place among manufacturers in the United States, ahead of GM, Ford and Stellantis. This situation is the most convincing result of the abandonment of sedans by American manufacturers, the sedan market having been completely recovered by Japanese, Korean and European manufacturers.
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Chinese carmakers may sell 200 000 cars in Europe in 2023
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Chinese carmakers may sell 200 000 cars in Europe in 2023
- The market share of all Chinese-branded cars (and produced in China) will not exceed 0.7% of total European registrations in 2021, a level comparable to that of Mitsubishi or Honda sales in Europe. However, their sales have been growing steadily in Europe since 2020, when most of the Chinese brands currently present there entered this market.
- The sales of these Chinese cars which had reached a peak of 3,500 units in July 2020, then 6,000 units in September 2020, gradually reached 8,000 units in June 2021, 10,000 units in September 2021 and 12,000 units in November 2021. They will probably reach 82,000 units over the whole of 2021, against 30,000 units in 2020. The increase over one year is therefore + 173%.
- 8% of Chinese cars sold in Europe are either battery electric cars (BEV), with 44,000 sales or rechargeable hybrids (PHEV) with 22,000 sales.
- Today, Chinese brands are mainly represented by three brands: MG (47,000 sales over 11 months 2021), Polestar (16,000 units) and Lynk & Co (5,300 units), i.e. 95% of Chinese car sales in Europe in 2021. But the other seven Chinese brands present on the European market arrived only a few months ago and are all looking to develop in this market, so their share should logically increase next year.
- A forecast of more than 100,000 Chinese cars sold in Europe in 2022 is therefore entirely possible. Inovev even predicts 130,000 to 150,000 sales next year and 200,000 sales in 2023.
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The Toyota group unveils concept cars that will form its future BZ range
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The Toyota group unveils concept cars that will form its future BZ range
- The Toyota group has unveiled its strategy and objectives in the development of its range of battery electric vehicles (BEVs), through the presentation of 15 concept cars. The Japanese group announces that it wants to launch 30 passenger cars and light utility vehicles by 2030, under the Toyota and Lexus brands. The objective is to sell, by 2030, 3.5 million BEVs per year in the world, including 1 million BEVs under the Lexus brand in Europe, North America and China. Lexus, which will also only offer BEVs in these 3 regions in 2030 and in the rest of the world in 2035.
- What will be the launch schedule for these future models?
§In 2022: among the future BEVs, we only know the BZ4X SUV which will be marketed at that date.
§Between 2023 and 2025: Before this presentation, the Japanese carmaker had already indicated in recent months that the BZ range would include 6 different models (in addition to the BZ4X) which would be launched during this period. Their names have been communicated: BZ1, BZ2, BZ3, BZ4, BZ5 for sedans and BZ2X for the SUV.
§Between 2025 and 2026: 3 other models should probably be marketed.
§Between 2027 and 2030: the Toyota group should therefore launch 20 other BEVs.
- Among the models presented, we can see an electric city car the size of an Aygo X (which could be named BZ1), a five-door sedan the size of a Corolla (which could be named BZ3), a high segment SUV (which might be named BZ5X), a five-door sedan the size of a Yaris (which might be named BZ2), a compact SUV the size of a Yaris Cross (which might be named BZ2X), a Hilux-sized pickup and a small FJ Cruiser-type SUV.
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Inovev forecasts 25,000 units per year of the new Genesis G90
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Inovev forecasts 25,000 units per year of the new Genesis G90
- The Hyundai-Kia group has unveiled the new generation of its Genesis G90 limousine, this model being the most expensive of the Korean carmaker's Premium brand. The previous generation, which dated from 2016, succeeded to the Hyundai Equus (1999-2016) at that time.
- The first generation of G90 (Hyundai having created the Genesis brand in 2016) had a relative success in 2016 (24,000 sales), but especially in South Korea (96% of sales in 2016). Its sales declined quickly thereafter (17,000 sales in 2017 and 12,000 in 2018). This model produced at a total of 97,000 units between 2016 and 2021 is therefore replaced at the right time, after a life cycle of five years, corresponding to the average life cycle of models at Hyundai-Kia.
- The new G90 model will be launched in early 2022 comes in the form of an F-segment sedan, which faces the Mercedes S-Class, BMW 7-Series, Audi A8 and Lexus LS. The model is available in a version with normal wheelbase (5.20 m) and long wheelbase (like the Mercedes S-Class, BMW 7 Series, Audi A8) which measures 5.40 m.
- The G90 is equipped with a 3.5-liter thermal engine developing 375 hp assisted by a MHEV technology (Mild Hybrid Electric Vehicles).
- The new G90 will mainly be sold in South Korea, and at a second level in China and the United States. For Europe, nothing has been decided yet. The model will be produced in South Korea, at the Ulsan plant, alongside other Genesis brand models. Inovev forecasts a volume of 25,000 sales per year for the new Genesis G90.
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NIO will market its ET5 and ET7 electric sedans in Europe in 2023
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NIO will market its ET5 and ET7 electric sedans in Europe in 2023
- NIO is becoming a notable player in the Chinese battery electric vehicle market, since the brand, a subsidiary of the JAC group (Anhui Jianghuai Automotive Group) sold 82,569 of these vehicles in China over the first 11 months of 2021, i.e. a current rate of 90 000 units per year. Nio began by marketing SUVs on the Chinese market with the EC6 (D segment coupe), ES6 (D segment) and ES8 (E segment).
- Indeed, NIO is still far from Tesla's sales figures in China (242,000 units over the first 11 months of 2021), but the Chinese carmaker now intends to compete the Californian carmaker by offering the same type of models, with a D-segment sedan close to the Model 3 and an E-segment sedan close to the Model S.
- The first was unveiled this month, it is the ET5 sedan which is largely inspired by the Model 3, even if its length reaches 4.79 m against 4.69 m for the Model 3. The second has been unveiled several months ago, it is the ET7 sedan, which is largely inspired by the Model S, even if its length reaches 5.10 m against 4.98 m for the Model S.
- The ET7 has just started to be sold in China while the ET5 will begin in 2022. Their selling in Europe should take place in 2023, with the main advantage of a price slightly lower than the Tesla and a greater autonomy on the versions with 100 kWh of battery capacity. We are talking about 1 000 km of autonomy for these two models, according to the WLTP cycle. The ET5 and ET7 will also be available in versions of 75 kWh and 100 kWh of battery capacity, with a range of 500 km and 750 km respectively, according to the WLTP cycle.
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Read more... NIO will market its ET5 and ET7 electric sedans in Europe in 2023
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