The Mexican market (PC+ LCV) fell by 7.2% in 2018
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The Mexican market (PC+ LCV) fell by 7.2% in 2018
- The Mexican car market (PC + LCV) fell by 7.2% in 2018, to 1.42 million units against 1.53 million in 2017, a record year in the Mexican market.
- The political and commercial tensions between Mexico and the United States surely played in this negative evolution of the Mexican market. However, it is necessary to relativize this decline, since this figure of 1.42 million is the third best of the decade, the low point being in 2010 with a volume of only 0.67 million units.
- Like the Canadian market, has the Mexican market reached a plateau in 2017? Nothing is less certain, because the motorization rate in Mexico is still much lower than that recorded in the United States or Canada.
- Inovev nevertheless expects the Mexican market to fall by around 5% in 2019 bringing the market down to 1.35 million units this year, before returning to normal in the following years.
- Most manufacturers‘ sales declined in the Mexican market in 2018. The Renault-Nissan group nevertheless retains its leading position, with a market share of 24.1%, ahead of GM groups (16.6%), Volkswagen (13.8%), Hyundai-Kia (10.2%), Toyota (7.7%), Honda (6.1%), Fiat-Chrysler (5.2%) and Ford (5.0%) ). SUVs accounted for 29% of the Mexican market in 2018 (versus 27% in 2017) and sedans 57% (compared to 59% in 2017).
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Automobile-FranceSichuanChongqing
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Automobile-FranceSichuanChongqing
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- The automobile production of Sichuan/Chongqing started to take off in the early 2000s, while France started its own a century earlier.
- It is in 2012 that the automobile production volume of Sichuan/Chongqing exceeded that of France.
Sichuan/Chongqing keeps on rising, given the very large and growing demand of the Chinese market as a whole (exports remain low), while France, that offshored a large part of its production and has suffered from a European market down by nearly 25% since 2007, did not cease seeing its production levels decline from 3.5 million vehicles to 1.75 million in 2013 ...
Sichuan/Chongqing keeps on rising, given the very large and growing demand of the Chinese market as a whole (exports remain low), while France, that offshored a large part of its production and has suffered from a European market down by nearly 25% since 2007, did not cease seeing its production levels decline from 3.5 million vehicles to 1.75 million in 2013 ...
- Forecasts suggest a widening gap between the production volume between France and Sichuan/Chongching. Inovev aims on a production of 2.1 million vehicles in France in 2015 and 4.2 million units in Sichuan/Chongqing by the same date, which is twice the amount of France.
- Finally, Sichuan/Chongqing has 15 plants for nearly 4 million units (PC + UV) of capacity, while France has 14 plants with a total capacity of around 3.2 million units.
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