The Lynk & Co brand could sell 10,000 cars in Europe in 2022
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The Lynk & Co brand could sell 10,000 cars in Europe in 2022
- The Chinese brand Lynk & Co is one of the many brands of the Geely group - the first Chinese independent carmaker (meaning without counting vehicles assembled in joint ventures) - along with Volvo, Polestar, Emgrand, Engon, Gleagle or Geometry. It is one of the Chinese brands which clearly aims to invest in the European market, such as MG, Maxus, Aiways, Great Wall, Polestar, Seres, Xpeng, etc...
- For the moment, the Lynk & Co range does not include battery electric vehicles (BEVs) but only hybrid models (HEVs) and plug-in hybrids (PHEVs).
- Currently, Lynk & Co's European products range is made up of a C-segment SUV named simply 01, which is a PHEV using an 1.5 turbo gasoline engine also used by the Volvo XC40, and based on the same CMA platform. Produced in China, the Lynk & Co 01 is marketed in Europe at 41,500 euros, while an Volkswagen ID4 is priced from 41,000 to 53,000 euros. A DS 7 Crossback PHEV is priced from 50,800 to 56,300 euros and a Toyota RAV4 PHEV 52,650 euros. The price of the Lynk & Co 01 is therefore at the bottom of the price range for a C / D segment SUVs.
- Lynk & Co’s sales in Europe, which started in January 2021 with the 01, are growing steadily, reaching 1,263 units in September 2021 and 2,674 units over the first nine months of the year. The main European markets are the Netherlands and Sweden, followed by Italy, Spain, Belgium and France.
- A second model should be marketed in 2022, the Lynk & Co 02, which is derived from the 01. The Lynk & Co brand could sell 10,000 cars in Europe in 2022.
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Nearly 11 000 Polestar 2 have been sold in Europe in the first nine months of 2021
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Nearly 11 000 Polestar 2 have been sold in Europe in the first nine months of 2021
- The Chinese brand Polestar is one of the many brands of the Geely group along with Volvo, Lynk & Co, Emgrand, Engon, Gleagle or Geometry. It is one of the Chinese brands which clearly aims to invest in the European market, such as MG, Maxus, Aiways, Great Wall, Lynk & Co, Seres, Xpeng, etc...
- Unlike Lynk & Co (available in HEV and PHEV in Europe), the Polestar range only includes plug-in hybrid (PHEVs) and battery electric (BEVs) vehicles.
- Currently, Polestar’s European line up is made of a D-segment coupe simply named 1, which is a PHEV. Made in China, in Chengdu, the Polestar 1 is marketed in Europe at a price of 155,000 euros, which makes it an elitist model, quite rare in Chinese automobile production. This is the reason why only 54 units were sold in Europe during the first nine months of 2021. It should be added that this model is limited in production volume.
- The second model, named Polestar 2, is much more accessible, as it is priced from 40,000 to 46,000 euros depending on the country. It is a battery electric vehicle, D-segment sedan, competing with the Tesla Model 3 which is priced from 44,000 to 60,000 euros. 10,983 units of the Polestar 2 were sold in Europe in the first nine months of 2021, so more than 1,200 are sold per month on average. Sales are regular (1,324 units in September 2021) and it could reach 15,000 units in 2022.
- It is to be noted that the Polestar 2 is not yet marketed in France. Its main markets are Norway, Great Britain, Sweden, Germany, the Netherlands and Switzerland, markets with high purchasing power.
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Read more... Nearly 11 000 Polestar 2 have been sold in Europe in the first nine months of 2021
Stellantis Mirafiori plant will produce all Maserati models
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Stellantis Mirafiori plant will produce all Maserati models
- The Stellantis plant in Mirafiori (ex-Fiat), located four kilometers from Turin, was in the 1950s and 1960s the main factory of the Fiat carmaker, which produced millions of cars for the whole of Europe, at a time when Fiat was the second European carmaker behind Volkswagen. Then the factory saw its activity decrease, due, on one hand, to the construction of new plants in Italy (Melfi, Cassino), and the other, to relocations to countries with lower labour costs, mainly Poland (Tichy, Bielsko-Biala). Finally, it should be added that Fiat lost a lot of influence during the 80s and 90s, and even more so in the 2000s.
- Today, the Mirafiori plant (which narrowly avoided closure) produces the fully electric version of the Fiat 500 and the Maserati Levante.Indeed, the electric Fiat 500 really saved Mirafiori from an announced shutdown.
- The Stellantis group has announced that the Mirafiori plant (130,000 vehicles per year in capacity) will soon produce, alongside the electric Fiat 500, all Maseratis with thermal engines and those with electric motors. Today, Maseratis are produced in Mirafiori (Levante), Grugliasco (Ghibli, Quattroporte) and Modena (MC20).
- The Melfi plant (200,000 vehicles per year in capacity), which today produces the Jeep Compass and Renegade, as well as the Fiat 500X, is expected to welcome a new model, in addition to the three models already produced. All models produced on this site will be marketed in a plug-in hybrid version and in a battery electric version. We do not know yet the name or the brand of the fourth model planned on the Melfi site. It could be a Lancia brand compact SUV.
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Chinese carmakers occupy 39% of the Chinese market in 2021
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Chinese carmakers occupy 39% of the Chinese market in 2021
- On the Chinese passenger car market, local Chinese carmakers (excluding vehicles assembled in joint ventures) are making significant progress in 2021. While their market share fell to 33% in 2020, Chinese carmakers gained 6 market share points to reach 39% on the Chinese market during the first ten months of 2021. it is to be noted that over the first ten months of 2021, the Chinese automobile market increased by 9% compared to the first ten months of 2020, but still down by 1.8% compared to the first ten months of 2019.
- Compared to last year, the progress of most Chinese carmakers is strong: +73% for BYD, +52% for Chery, +42% for JAC, +38% for FAW, +34% for Changan, +33% for Dongfeng, +27% for GAC, +27% for Great Wall, +25% for MG-Roewe. Curiously, the Geely group (the first Chinese carmaker excluding J.V.) saw its sales increase by only 1% in 2021 compared to 2020, which resulted in contracting the gaps between the different Chinese carmakers, in particular between Geely and Changan. It is also to note that Beijing and Brilliance are the only Chinese carmakers to see their sales dropped compared to 2020.
- The market share increase of Chinese carmakers comes at the expense of the Volkswagen (-15%) and Hyundai-Kia (-25%) groups. It is done more modestly to the detriment of the Toyota (+5%), GM (+6%), Renault-Nissan (-5%) and Honda (-4%) groups. The Stellantis group is trying to revive its sales (+ 29%) after having seen its sales fall for several years, but its sales volume remains low overall. The Stellantis group is thus positioned in 25th position on the Chinese market in 2021.
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Renault confirms the production end of Scenic, Espace and Talisman in 2022
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Renault confirms the production end of Scenic, Espace and Talisman in 2022
- The strategy of Renault to switch the French factory in Douai to battery electric vehicles will inevitably lead to the discontinuation of the thermal cars that were produced there until now.
- Consequently, Renault confirmed the end in 2022 of the Scenic (C-segment), Grand Scenic (C-segment) and Espace (D-segment) as well as the Talisman sedans and station wagons (D-segment), these three models being based on the same CMF-C /D platform.
- These models represented only a tiny share in the carmaker production, as less than 35,000 vehicles will be produced in 2021 in this plant, including 25,000 Scenic and Grand Scenic, 7,000 Talisman and 3,000 Espace.
- This factory, which was once the main production site for Renault MPVs (400,000 units per year in the early 2000s) suffered from the drop in demand for this segment of vehicle, to the benefit of strong demand for SUVs. However, Renault choose to produce its SUVs in Spain: the Kadjar in Palencia and the Captur in Valladolid.
- The Renault Scenic, Grand Scenic, Espace and Talisman will not be replaced, which means that the carmaker is leaving the MPV segment as well as the D-segment sedans. The name of Scenic could be used on the future battery electric SUV derived of the Mégane E-Tech Electric which has just been unveiled. It will be marketed from March 2022, when the Talisman will be discontinued. The Espace will be discontinued the following summer, then the Scenics and Grand Scenics in the fall. This is when the long version of Kadjar (probably named Koléos) will be launched and produced in Palencia.
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Read more... Renault confirms the production end of Scenic, Espace and Talisman in 2022
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