Geely maintains 2020 targets despite Covid-19

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Geely maintains 2020 targets despite Covid-19

- Geely, China's largest automaker and the thirteenth automaker in the world, projects sales in China to increase by 3.5% in 2020 to 1.41 million units, despite the impact of the coronavirus epidemic, said the company president.


- With its subsidiary Volvo, the Chinese group should approach 2 million vehicles sold worldwide in 2020. It is less than in 2019, but the Volvo brand must face the fall of the markets in Europe and the United States. , a fall that will be much greater than that recorded in China where Geely is very present and Volvo little present.


- In the first quarter of 2020, Geely is the only manufacturer to see its sales increase in China, while the Chinese market fell by 45.4% proof that the first Chinese manufacturer has an appropriate range and that its factories have not have been affected by coronavirus. In any case, this result of Geely in China is spectacular and suggests that the Geely group could take some places globally this year, as many other manufacturers will see their sales drop by 25% to 30% in 2020 , due to the coronavirus crisis.


- Formerly located in production volume at the same level as its competitor Chery, Geely now produces three times more than him, and this gap will increase further in 2020, thanks to a rational and coherent range policy, and thanks to its various acquisitions (Volvo, Lotus, Smart) and holdings (Daimler, Proton) which underpin its reputation.

 


20-9-9
    
 

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Alfa-Romeo will stop production of Giulietta before the end of the year

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Alfa-Romeo will stop production of Giulietta before the end of the year

- Alfa Romeo will stop production of its C segment sedan, the Giulietta, by the end of 2020. According to the manufacturer, the hatchback will be replaced in the Alfa-Romeo range by the C segment SUV Tonale , expected in 2021. It is strange to replace a sedan with an SUV, but it is true that in the case of Alfa-Romeo, investments have been lacking for years on the part of the FCA group. The 2010 Giulietta sedan saw its replacement postponed several times while an SUV of the same segment was being studied, following the success of the Stelvio. Finally, the SUV Tonale killed the replacement for the Giulietta, while in the D segment, the Giulia cohabits with the Stelvio.


- This planned deletion of the Giulietta follows that of the 4C in 2019 and that of the Mito in 2018. It should be added that the project of the Alfetta sedan (segment E) was abandoned before being industrialized and that the SUV of segment E (based on the Maserati Levante) has been carried over to the Greek calendars. Suddenly, the Alfa-Romeo range will be reduced in 2021 to the minimum, since it will be composed of only three models: the Giulia, the Stelvio and the Tonale.


- The PSA group, which will have to merge with the brands of the FCA group, will have a lot to do to completely rebuild the Alfa-Romeo range. This brand has been steadily losing ground since the early 2000s, due to calamitous management, despite a slight upheaval in 2018 due to the relative and brief success of the Stelvio. Sergio Marchionne's extravagant goals for this brand were completely missed. The greatest caution is therefore imperative for the future.

 


20-9-10
    
 

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Global automotive production (VP + LCV) fell 4.9% in 2019

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Global automotive production (VP + LCV) fell 4.9% in 2019
- World car production (VP + LCV) decreased by 4.9% in 2019, after a drop of 1.3% in 2018. The volume of production VP + LCV (including heavy goods vehicles) is according to Inovev of 91,870 000 units, against 96,583,000 units in 2018 (a loss of 4,713,000 units) and 97,843,000 units in 2017. These figures are the result of calculations made by Inovev because a number of manufacturers no longer communicate their figures for production for ten years.

- The decline in world production is mainly due to China, which manufactured 25,720,000 vehicles in 2019, compared to 27,809,000 in 2018 (representing a loss of 2,089,000 units) and 29,026,000 in 2017.

- But other countries have also seen their production decrease significantly, such as India (-670,000 units), Iran (-500,000 units), Germany (-480,000 units), the United States (-345,000 units), Great Britain (-222,000 units), Mexico (-185,000 units), Argentina (-156,000 units), Thailand (-150,000 units), Turkey (- 118,000 units) and Canada (-100,000 units). Other countries experienced declines of less than 100,000 units.

- We observe that the drop in automobile production is general in 2019, but we must qualify this poor result by noting that the figures forecast for 2020 will be much worse still, due to the coronavirus crisis which will spread in the whole world. The drop in the volume of automobile production (-25% approximately) will be the most significant since the Second World War, and it will be necessary to wait until 2021 to witness a real rebound.


20-9-10
    
 

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Peugeot 208 voted Car of the Year 2020

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Peugeot 208 voted Car of the Year 2020
- After the election of the Peugeot 3008 SUV in 2017, Volvo XC40 in 2018 and Jaguar I-Pace in 2019, it is a sedan that wins the election of the Car of the Year 2020, since it is the Peugeot 208 which became the best-selling car in France in the first two months of 2020.

- The Peugeot 208, which collected 281 points during the vote, is ahead of the two electric cars Tesla Model 3 (242 points) and Porsche Taycan (222 points) and its main competitor the Renault Clio (211 points). The Peugeot 208 has undoubtedly been rewarded for its design and for its wide choice of thermal and electric engines, while the Model 3 and Taycan are only electric and their price is significantly higher.

- This is the sixth Car of the Year title for Peugeot after the 504 (1969), the 405 (1988), the 307 (2002), the 308 (2014) and the 3008 (2017) which became the vehicle the most produced in France in 2018 and 2019.

- The Peugeot 208 (segment B sedan) is produced on the Slovak site of Trnava and also on the Moroccan site of Kenitra. Inovev anticipates 350,000 copies sold each year worldwide.

- The Peugeot 208 lends its CMP platform to the new Opel Corsa, and in the future to the Citroën C3 and C4 scheduled for the early 2020s. The DS 3 Crossback also borrows this CMP platform, which allows all these cars to have access to an electric version, which is a specificity of this platform.


20-9-10
    
 

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Global automotive production (VP + LCV) by manufacturers (Top 10)

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Global automotive production (VP + LCV) by manufacturers (Top 10)
- The production volume of non-Chinese manufacturers traditionally includes the volumes assembled for them by Chinese manufacturers, which gives the following results: the Volkswagen, Toyota, Renault-Nissan and GM groups remain the world's top four manufacturers. And Chinese manufacturers are far behind, the most important (Geely) being only in thirteenth place.

- When we include the production volumes of non-Chinese manufacturers assembled by Chinese manufacturers, we obtain a completely different classification, since the Toyota group then becomes the world's largest manufacturer (9.3 million vehicles), and outperforms Renault-Nissan groups (8.4 million) and Volkswagen (6.8 million) which have more vehicles manufactured by Chinese manufacturers. This is especially true for Volkswagen. The Hyundai-Kia group (6.3 million) is way ahead of the GM group (4.6 million), which also has more vehicles manufactured by Chinese manufacturers.

- Chinese manufacturer SAIC (which produces for GM and Volkswagen) is in fifth place in the world, with 5.8 million vehicles assembled, which is not as good as in 2018, but SAIC has necessarily suffered from the drop in sales of GM that 'he produces.

- Ford (4.9 million), FCA (4.3 million) and PSA (3.7 million) maintain their position in both rankings because these manufacturers now produce very few vehicles in China. Conversely, Honda (3.5 million) which produces a lot in China, loses three places compared to the Western ranking and finds itself tenth in the Chinese ranking.


20-9-10
    
 

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  1. European production fell 1.4% in 2019
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  3. Which manufacturers have suffered the most from the Covid-19 crisis in China?
  4. Auto factories gradually restart in China since March
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