Toyota is the biggest carmaker in the world in the first 8 months of 2021
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Toyota is the biggest carmaker in the world in the first 8 months of 2021
- The global production of light vehicles (Passenger cars – PCs & light utility vehicles - LUVs) increased by 16.8% in the first eight months of 2021, to 51 million vehicles, compared to 44 million in 2020.
- By carmaker, the Toyota group (+28.3% compared to 8 months 2020) keeps its first place over the period, a place it had taken over Volkswagen last year, the Japanese having suffered less from the coronavirus crisis than its German competitor in 2020. The Toyota group has a total of 6.85 million light vehicles produced (PCs & LUVs) over the first 8 months of 2021, according to our estimates.The Volkswagen group (+7.8%) remains in second position, as in 2020, with a volume of 5.54 million vehicles produced over the period (including 200,000 battery electric vehicles - BEVs).
- The Renault-Nissan group (+16.3%) remains in third position, with a volume of 4.79 million vehicles produced over the period (including 120,000 BEVs). The Stellantis group (+16.8%) is in fourth position, with a volume of 4.46 million vehicles produced over the period (including 100,000 BEVs).
- The Hyundai-Kia group (+17.7%) remains in fifth position, with a volume of 4.32 million vehicles produced over the period (including 120,000 BEVs). Next are the groups GM (3.42 million units; -0.2%), Honda (2.67 million; +3.7%) and Ford (2.40 million; +2.6%) which produced for their part very few electric cars over the period, like Toyota. Behind, Suzuki (1.91 million; +35%) overpassed BMW (1.65 million; +20%) and Mercedes (1.59 million; +6.7%).
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A Chinese newcomer to the European continent
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A Chinese newcomer to the European continent
- The Maxus brand was created in 2011 by the Chinese group SAIC (already owner of Roewe and MG brands) based on the former British brand LDV (Leyland DAF Vehicles) which was formerly integrated into the conglomerate British Leyland, in the same way as Rover or MG.
- Maxus was once - like the LDV brand - dedicated to light commercial vehicles, but for a few years now, this brand produces and sells MPVs, such as the G10 launched in 2014 or the G50 launched in 2019. After having entered the markets of countries close to China, like Malaysia, the Philippines, Thailand, Australia, and Singapore, then farther from China like Chile, Saudi Arabia, Iran, the United Arab Emirates, and Syria, the carmaker based in Shanghai is taking advantage of the development of electric vehicles in Europe to market, like other Chinese brands, a battery electric vehicle in this region. This is the Euniq 5, a model launched in 2019 in China, and an electric version of the G50.
- The Maxus Euniq 5 (not to be confused with the Hyundai Ioniq 5) is a MPV of 4.83 m long by 1.83 m wide and 1.78 m high, i.e. dimensions close to a Volkswagen Sharan, a Seat Alhambra or a Ford Galaxy. It is surprising that Maxus is entering the MPV market when all European carmakers left. Maxus sales in Europe reached 2,502 units over the first eight months of 2021, including 535 Euniq 5 minivans sold mainly in Scandinavian countries and 1,967 light utility vehicles sold mainly in Great Britain.
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In 2020, BEVs gets 6.1% of coaches and buses sales in Europe
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In 2020, BEVs gets 6.1% of coaches and buses sales in Europe
- The market share in Europe for passenger cars (PCs) with electrified engines, or xEVs (BEV + HEV + PHEV), reached 15.3% of the total market in 2020, broken down into 6.2% for BEVs, 5.2% for PHEVs and 3.9% for HEVs.
- The share of these electrified engines is surprisingly equivalent for coaches and buses. In 2020, the share of electrified engines reached 15,6%, broken down into 6.1% BEV and 9.5% HEV+PHEV. In addition, 11.4% of buses and coaches are running on natural gas. With a total of 27%, this proportion of alternative engines (xEVs + natural gas) is the highest among all vehicles (passenger cars, LUVs, trucks and buses). In 2019, this share of alternative engines did not exceed 23%.
- Diesel engines still represent the vast majority of engines running coaches and buses, reaching 72.9% of the market share in 2020. Despite this large share - but lower than for heavy utility vehicles - diesel engines are steadily declining with the arrival of alternative engines. The gasoline engine remains extremely marginal since it does not exceed 0.1% of the market share of coaches and buses.
- Compared to 2019, the number of BEVs (2,272 units) increased by 30.3%, HEVs-PHEVs (2,860 units) by 38.8%, while the number of diesel (26,196 units) decreased by 29.5%, gasoline engines (6 units) by 53.8%, while natural gas engines (3,447 units) increased by 21.1%. The European coaches and buses market represented 34,781 units in 2020 against 43,799 units in 2019.
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Global sales of light vehicles fall 7.4% in 2021 compared to 2019
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Global sales of light vehicles fall 7.4% in 2021 compared to 2019
- Global registrations of light vehicles (passenger cars – PCs and light utility vehicles - LUVs) over the first eight months of 2021 show an increase of 16.8% compared to the first eight months of 2020 (year affected by the coronavirus crisis) but a decrease of 7,4% compared to the first eight months of 2019. The volume reached 50 million vehicles, against 43 million in 2020 and 54 million in 2019.
- The gap between 2021 and 2019 has therefore not yet been closed and it is unlikely that it will be the case before the end of the year. It is to remind that the 2019 year had already been itself down compared to 2018, and the year 2018 had also been down compared to 2017.
- Regarding passenger cars sales, they increased by 16.4% over the first eight months of 2021 compared to the first eight months of 2020, and decreased by 9.8% compared to the first eight months of 2019.
- Regarding LUVs sales, they increased by 18.5% over the first eight months of 2021 compared to the first eight months of 2020, and increased by 2.6% compared to the first eight months of 2019.
- What is quite striking when we look at the monthly sales curve for 2021 is a drop in sales from May compared to monthly sales for 2019, which is amplified until the month of August. It is seems that the chips shortage is partly responsible for this dropout but it is also perhaps a decrease in demand in developed markets which would be linked both to the uncertain economic environment but also to the policy of reducing car emissions, which would push potential customers to postpone the purchase of new vehicles and to keep their current vehicles longer.
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Fiat has become a marginal player in the Polish market
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Fiat has become a marginal player in the Polish market
- Having been one of the most important carmaker in Poland, both in terms of sales and production with its two companies FSO and FSM, Fiat has continued market share since the beginning of the 2000s, meaning since the end of the Cinquecento (1991-1998) and Seicento (1998-2007) which had succeeded in their time to the small 126 P (1972-1991) which had submerged the market Polish in the 70s and 80s.
- Fiat missed its conversion by abandoning its D-segment, C-segment and then B-segment cars, with the sudden end of the Punto. Consequently, demand gradually shifted to models from other general brands, mainly Skoda (11.5% of the market) and Toyota (16.5% of the market) which are today the two most popular brands in Poland. As for Fiat, its market share gradually decreased from 28% of the Polish market in the early 2000s to 2% in 2020, while the Fiat 500 is still produced in Poland (in Tichy) but exported at 98% outside Poland, in European markets. Also, the Lancia Ypsilon is still assembled in Poland (Tichy) and 100% exported to one country: Italy.
- Fiat's share in the Polish automobile production is therefore not reflected in Polish registrations, as Fiat represents 31% of the Polish automobile production in 2020, and even 42% with Lancia, and only 2% of registrations in this country. Stellantis may have plans to relaunch the Fiat brand in the Polish market, especially as the decline in Fiat sales seems to have been halted for two years in this market.
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