Inovev forecasts 75,000 units per year of the new Ford Transit Connect

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Inovev forecasts 75,000 units per year of the new Ford Transit Connect
- Ford has just unveiled the new generation of its Transit Connect van (segment N1-1) which is a rebadged version of the recent Volkswagen Caddy, following agreements between the two carmakers in the production of light utility vehicles.

- The new Transit Connect will therefore be assembled at the Poznan plant in Poland, alongside the Volkswagen Caddy, from the start of 2022, and no longer at the Ford plant in Valencia in Spain.

- Initially, the new Transit Connect was supposed to be made in the United States, but Ford changed its strategy after its agreements with Volkswagen. Following the scheduled end of the Mondeo and Galaxy / S-Max, the Valencia plant will only assemble one model, the Kuga SUV.

- The new Transit Connect uses the Volkswagen body (with its two wheelbases) and the Volkswagen 1.5 petrol engine with 114 hp and 2.0 diesel with 102 hp and 122 hp fitted to the Caddy. No battery electric is planned at this time.

- The career of the Ford Transit Connect has evolved up and down since its launch in 2003, with sales drops in 2009 (75,000 units) and in 2013 (50,000 units), while peak of production was reached in 2011 (130,000 units). Since 2016, the Transit Connect, undoubtedly competing with the Transit Courier launched in 2014, has been declining steadily, dropping from 100,000 units in 2016 to 75,000 in 2018, 70,000 in 2020 and 55,000 in 2021. The model launched in 2003 and updated in 2013 is therefore replaced at the right time, with the advantage of inexpensive investments. Inovev forecasts75,000 units per year of the new Ford Transit Connect.


    
 

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Volkswagen plans to build new assembly plant in Wolfsburg

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Volkswagen plans to build new assembly plant in Wolfsburg
- The German carmaker Volkswagen plans to build a new assembly plant in Wolfsburg, near the brand's historic factory, which will be dedicated to the production of all-electric vehicles. Eventually, the construction of an additional factory was preferred to the extension of the historic Wolfsburg factory which, according to the management of the carmaker, would have been more expensive.

- This plant construction will not only be the first by a major carmaker in the Western side of Europe in twenty years, but it will also be an obvious response to the construction of the Tesla factory in Germany, near Berlin, which is expected to start in 2022. The Volkswagen plant to be built in Wolfsburg will house battery electric Trinity sedan from 2026 at the announced rate of 150,000 units per year by 2030. This production capacity is equivalent to that announced by Tesla for its Berlin plant, at least during its first phase.

- The carmaker had already communicated last summer on the fact that it planned to produce 700,000 electric vehicles in Germany in 2030, including 200,000 units at the Zwickau site, 200,000 units at the Emden site, 150,000 units at the Wolfsburg site, 100,000 units at the Hanover site and 50,000 units at the Dresden site.

- The announcement of the construction of a new plant in Wolfsburg therefore only confirms the production of 150,000 electric cars in Wolfsburg in 2030.


    
 

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The American automobile production is decreasing by 22% compared to 2019

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The American automobile production is decreasing by 22% compared to 2019
- The American automobile production (North and South America) reached a volume of 11,842,762 units (PC + LUV) over the first 9 months of 2021. This figure represents an increase of 7.1% compared to the first 9 month of 2020, but a decrease of 22% compared to the first 9 months of 2019. As for Europe, the production figures were very bad for the third quarter of 2021, down sharply compared to the third quarter of 2020 and more compared to the third quarter of 2019. Here again, carmakers speak of semiconductors shortage to explain this poor performance, but it is also more likely that the demand for new vehicles is no longer as dynamic as before the Covid crisis.

- Of this total, the NAFTA region (USA-Mexico-Canada) produced 10,040,623 units (or nearly 85% of the region production), including 6,921,748 for the USA, 2,301,397 for Mexico and 817,478 for Canada. This NAFTA region grew 4.5% in the first 9 months of 2021 compared to the first 9 months of 2020, but remains down 21.2% compared to the first 9 months of 2019.

- Interestingly, the NAFTA region produced as many vehicles as the European Union in the first 9 months of 2021 (10,040,623 units for the NAFTA region and 10,084,262 for the EU).

- South America, which represents only 1,802,139 units out of the total of the two Americas, or 15% of this total, has progressed much more than the NAFTA region since Brazil has increased by 15% on the first 9 of 2021 and Argentina by 78% but these two countries had fallen more in 2020, due to greater difficulties linked to the coronavirus crisis.



    
 

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The European automobile production is decreasing by nearly 25% compared to 2019

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The European automobile production is decreasing by nearly 25% compared to 2019

- The European automobile production (including Russia, Turkey and Ukraine) reached a volume of 12,394,016 units (passenger cars – PC and light utility vehicles - LUV) in the first 9 months of 2021. This result represents an increase of 7.3% compared to the first 9 months of 2020, but a decrease of 24.7% compared to the first 9 months of 2019. The production results were very bad in the third quarter of 2021, especially compared to the third quarter of 2020 and even more compared to the third quarter of 2019.


- According to carmakers, this poor performance can be explained by an insufficient supply of semiconductors, which despite everything remains a cyclical event. There is also a structural cause, namely an overall slowdown in demand for new vehicles.


- By country, Germany remains the largest producing country in Europe (2,514,014 PC + LUV) but the gap is narrowing with Spain (1,792,256 PC + LUV), France (1,066,048 PC + LUV) and the Czech Republic (868 351 PC + LUV). Note that Russia produced 1,023,289 PC + LUV, ie a little less than France, and Turkey 773,851 PC + LUV, or a little more than Great Britain (707,697 PC + LUV).


    
 

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The Asian automobile production is decreasing by 6,5% compared to 2019

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The Asian automobile production is decreasing by 6,5% compared to 2019
- Asian automotive production reached a volume of 33,415,081 units (PC + LUV) in the first 9 months of 2021. This figure represents an increase of 11.4% compared to the first 9 months of 2020, but a decrease of 6,5% compared to the first 9 months of 2019. Asia will see its automobile production increase more sharply in 2021 than Europe or North America and consequently the decrease recorded in 2021 compared to 2019 is lower than those recorded in Europe and North America. The question is whether Asia suffered less from the semiconductor shortage and / or suffered less from a drop in demand for new vehicles, this region being less motorized than Europe and North America.

- Of this total, China produced 18,235,030 units, or 55% of the Asian production (compared to 54% in the first six months of 2021). It increased by 7.5% in the first half of 2021 compared to the first 9 months of 2020, and by 0.6% compared to the first 9 months of 2019. It is one of the rare countries to see its production increasing in 2021 compared to 2019.

- The share of Chinese production therefore increased further over the period, to 32% of the world production, against 31% over the first 6 months of 2021. We are inevitably approaching 33% of world production, that is to say one in three vehicles produced in the world, whereas twenty years ago Chinese automobile production represented only 4% of the world production.

- It should be noted, however, that September marks a slowdown in Asian automobile production, in particular for China (-17.7%), but perhaps this is only a temporary slowdown.



    
 

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  1. The global automobile production is decreasing by 14% compared to 2019
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  3. The Russian market is down by only 2% in 2021 compared to 2019
  4. Volvo wants to build a new plant in Europe
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