Inovev forecasts 75,000 new Skoda Kamiq per year
- Details
Inovev forecasts 75,000 new Skoda Kamiq per year
- Skoda continues to enhance its SUV range with the launch of the Kamiq (B segment), which follows the Kodiaq (D segment) launched in 2016 and the Karoq (C segment) launched in 2017.
- The Kamiq is built on the MQB-A0 platform shared with the Skoda Fabia, Skoda Scala, Seat Ibiza, Seat Arona, VW Polo and VW T-Cross. It has the same wheelbase as the Skoda Scala.
- With its 4.25m length, it is located halfway between Seat Arona (4.14m) and Skoda Scala (4.36m). The Kamiq is as long as a VW T-Roc, but longer than a Renault Captur (+13cm) or a Peugeot 2008 (+9cm).
- The Kamiq will compete with the Renault Captur, Peugeot 2008, Citroën C3 Aircross, Opel Mokka, Opel Crossland, Fiat 500X, Ford Ecosport, Nissan Juke and of course the Volkswagen Group's B-segment SUVs, such as the VW T-Cross and Seat Arona.
- The Kamiq will be the 19th SUV of the Volkswagen group, after the recent Seat Tarraco (D segment). The Volkswagen group's entry into this very popular category is late but broad.
- The engines of the Kamiq are as follows: 1.0 TSI gasoline engines of 95 hp and 115 hp, 1.5 TSI of 150 hp, 1.6 TDI diesel engine of 115 hp. Kamiq is produced at the Mlada Boleslav site in the Czech Republic, alongside Skoda Fabia and Skoda Scala.
- Inovev expects sales volume of 75,000 units per year of the new Skoda Kamiq.
Contact us: info@inovev.com
Read more... Inovev forecasts 75,000 new Skoda Kamiq per year
The PSA Poissy plant could double its production capacity by 2021
- Details
The PSA Poissy plant could double its production capacity by 2021
- The Poissy (France) plant ,which belongs to the PSA group since 1978, when PSA acquired Chrysler’s European subsidiaries, could become once again one of the manufacturer's most productive plants , along with Sochaux, Vigo and Saragossa.
- Indeed, despite the Peugeot 208's scheduled departure from the Poissy site to the Slovak site in Trnava (there were still 155,000 units of this model produced in 2018, compared with 117,000 in Trnava), the Poissy site will benefit not only from the launch of the DS 3 Crossback scheduled for spring 2019, the launch of the new Peugeot 2008 generation scheduled for spring 2020, and the launch of the new Opel Mokka generation scheduled for autumn 2020.
- Today, the Poissy plant produces the Citroën DS 3 and Peugeot 208, which should disappear at the end of 2019.
- The production volume at the Poissy site fell to 175,000 units in 2018, compared with 218,000 in 2017 and 222,000 in 2016.
- The plant's capacity is now 250,000 vehicles per year, which is half of what it was at the time of Chrysler France, but this capacity will be significantly increased if the introduction programme for the 2008 Peugeot and Opel Mokka is respected. Indeed, Inovev expects production of 100,000 DS 3 Crossbacks , 175,000 Peugeot 2008s and 150,000 Opel Mokkas, for a total of 425,000 vehicles per year. The capacity of the Poissy site should therefore be doubled by 2021, thus returning to the annual volume recorded in the 1970s under Chrysler's control.
Contact us: info@inovev.com
Read more... The PSA Poissy plant could double its production capacity by 2021
European exports fell to 5.4 million vehicles in 2018
- Details
European exports fell to 5.4 million vehicles in 2018
- European exports of vehicles from the European Union to outside Europe decreased from 5.6 million units in 2017 to 5.4 million units in 2018. This 3.6% decrease is mainly due to the decline in registrations in many foreign markets. Notwithstanding , these exports account for nearly 30% of European automotive production each year.
- In 2018, the United States remained the leading market for European exports, with 1.15 million vehicles in 2018 (-1.8% compared to 2017), ahead of China with 545,000 vehicles (-5.3%), Turkey with 291,000 vehicles (-37.6%) and Switzerland with 254,000 vehicles (-4.9%). These four countries alone account for more than 40% of European exports.
- The future of European exports seems uncertain because the United States threatens to overtax European cars sold on its territory. As a result, European exports to the United States are likely to collapse in the coming years if these taxes are introduced, even though the United States accounts for more than 20% of European exports.
- Imports into the European Union increased sharply in 2018 (+9.3%), to 3.65 million units, compared with 3.34 million units. The top three importing countries were Turkey (785,000 units; -0.6%), Japan (683,000 units; +6.0%) and South Korea (540,000 units; +4.2%).
Contact us: info@inovev.com
Read more... European exports fell to 5.4 million vehicles in 2018
Byton will import its electric models into Europe from 2020
- Details
Byton will import its electric models into Europe from 2020
- The automotive company Byton was founded in China in 2018. It is based in Nanjing and has offices in Munich (Germany) and Santa Clara (USA).
- Byton has recruited automotive specialists to form its team, including from BMW, Tesla and Faraday. The company is funded by Tencent Holdings, an Internet and mobile service provider.
- Byton made its first appearance by presenting its M-Byte electric SUV (still in prototype form) in January 2018, prefiguring the production model marketed from 2019 in China and 2020 in Europe.
- Byton then presented its K-Byte electric sedan (still in prototype form) in June 2018.
- These two models with a 272 hp electric motor could have a range of 400 km. A 476 hp version with all-wheel drive could have a range of 520 km.
- Byton is one of those new companies that are involved in the design, manufacture and marketing of electric cars, particularly active in China. The Byton models will only be marketed via the Internet. The company is particularly targeting Tesla, which produced and sold 250,000 electric cars in 2018.
- The company has set a sales target of 300,000 units per year by 2025.
Contact us: info@inovev.com
Read more... Byton will import its electric models into Europe from 2020
Volkswagen creates the Jetta brand for the Chinese market
- Details
Volkswagen creates the Jetta brand for the Chinese market
- The Chinese market accounts for 39% of the Volkswagen Group's worldwide sales, or more than 4 million units last year, the same number as its sales in Europe. The Volkswagen group remains the leader in these two major markets.
- It is crucial for the manufacturer to consolidate its leading position on the Chinese market, which is starting to run out of steam and will gradually switch to electricity at the request of the Chinese government. The Volkswagen group, which, like all other automakers, is subject to the quotas imposed by the Chinese government, must sell an equivalent of 10% of its models in 2018 in hybrid or electric versions. That is why last year the Volkswagen group created the SOL brand, which will be dedicated to hybrid and electric cars sold on Chinese soil.
- In 2019, the German manufacturer created a new brand, JETTA, again for the Chinese market, but this time to reach the less motorized regions of China. The manufacturer believes that the future of the Chinese market is being determined in these under-powered regions. JETTA will therefore be a low-cost brand, whose models will be manufactured by its Chinese partner FAW in Chengdu. The name JETTA was chosen because, according to the manufacturer, it is one of the most well known models on the market since its introduction in the early 1990s. This move is reminiscent of PSA's strategy, which recently created the Fukang brand for the Chinese market, Fukang being the name of one of the group's most popular models in China.
Contact us: info@inovev.com
Read more... Volkswagen creates the Jetta brand for the Chinese market
Inovev platforms >