Paris Motorshow 2022 - The French brands: Stellantis
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Paris Motorshow 2022 - The French brands: Stellantis
- The Stellantis group, made up of fourteen brands, will exhibit only a few of them at the Paris Motor Show.
- Peugeot will exhibit its new 408 sedan derived from the 308. This model produced in Mulhouse alongside the 308 will try to attract a new customer base that is less traditional, more sporty and attracted to SUVs.
- Peugeot will also exhibit a competition hypercar (9x8) no doubt to attract young visitors to the Show who will form the brand's future clientele.
- DS will exhibit its facelifted and renamed models (DS3 and DS7), as well as the DS4 and DS9. The Premium brand will exhibit the E-Tense which will somewhat play the role of the 9x8 for Peugeot.
- Jeep should exhibit its new B-segment SUV named Avenger (a name derived from Chrysler Europe and Talbot heritage) which use the same platform as the Peugeot 2008 and other B segment cars of the group. This model available in a thermal version and in a battery electric version like the 2008 should be marketed only in the European market, unlike the Renegade. The Avenger will be produced at the Polish Tichy plant at the rate of 100,000 units per year.
- The Abarth, Alfa-Roméo, Citroën, Fiat, Lancia, Maserati, Opel, Vauxhall, Chrysler, Dodge, Ram brands will not be at the Paris Motor Show.
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Stellantis and Dongfeng decide to end their partnership
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Stellantis and Dongfeng decide to end their partnership
- The Stellantis Group, the result of the merger of the PSA (Peugeot-Citroën) and FCA (Fiat-Chrysler) groups in 2021, has decided to end its collaboration with the Chinese carmaker Dongfeng, with whom PSA had been working for around 30 years.
- This collaboration had been beneficial until 2014, a record year in which 750,000 PSA vehicles were produced by Dongfeng in China, after twenty years of uninterrupted growth (except for 2008). However, due to competition and marketing mistakes, this trend reversed from 2015. The decline of PSA production in China accelerated from 2016, with less than 100,000 PSA Group cars produced by Dongfeng in China in 2020. The establishment of Stellantis in 2021 did not really improve the situation. There was no real upturn in 2021 and 2022. At the same time, Dongfeng gradually withdrew from Stellantis' capital, from 6.1% to 3.2% in 2022, with the remaining shares to be sold in 2023.
- On the FCA Group side, the situation was no better. Its production in China has always been very weak and ended in 2022 with the bankruptcy of the joint venture with the Chinese GAC Group that produced Jeeps.
- Taken together, these difficulties convinced Stellantis' management to finally abandon the Chinese market (the largest automotive market in the world) and focus on the European and American markets, where the Stellantis Group has 19% and 12% of registrations (cars+LUVs), respectively, while it has only a 0.6% market share in China.
- Stellantis could therefore stop producing cars in China from 2024 or 2025.
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The growth of BEVs is clear in China and the USA. For Europe, we are witnessing a slowdown.
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The growth of BEVs is clear in China and the USA. For Europe, we are witnessing a slowdown.
- Sales evolution of electrified vehicles (xEVs) in the three major regions of the world - China, Europe and the USA - appear in a contrasting manner.
- Regarding BEVs, growth is clear in China and the USA. For Europe, we are witnessing a slowdown, both in market share and in volume, over the last 9 months (from August 2022 to April 2023). However, we note in Europe a significant peak in December 2022 followed by a fall in January 2023. It is in China that BEV sales are the most dynamic, with a market share of 25% in April 2023, while the average market share over the year 2022 did not exceed 21%. In Europe, BEV sales represent 13% of the market in April 2023 and over the first four months of 2023, whereas we had reached a share of 14% over the whole of 2022. In the United States , BEVs represent 7.2% of the market in the first four months of 2023, compared to 5.8% in 2022.
- Regarding PHEVs, their market share in China in 2023 exceeded that recorded in Europe: 8.6% compared to 7.1%. Compared to 2022, there is a real slowdown in Europe, because at that time we had reached a market share of 9%. On the other hand, in China, growth continues because in 2022, the share of PHEV sales did not exceed 6.5%. In the United States, we observe a very slight progress: 1.6% over the first four months of 2023 against 1.4% in 2022.
- Regarding HEVs, their market share is shrinking both in China (2.9% over the first four months of 2023 against 3.2% in 2022) and in Europe (6.8% against 7.3 %). On the other hand, in the United States, their market share increased (6.4% against 5.4%).
Why Spain will be the largest BEV producer in 2030
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Why Spain will be the largest BEV producer in 2030
The European country where the most 100% electric vehicles are expected to be produced in 2030 will not be France or Germany, but Spain. In fact, most automakers have announced their plans for the next five to six years regarding the production of vehicles in Spain with this type of propulsion, and we can see that they are numerous :
1. Zaragoza: production plant for the new Opel e-Corsa, Peugeot e-208, Lancia e-Ypsilon.
2. Villaverde: production site for the Citroën e-C4 and e-C4 X.
3. Vitoria: production site for Mercedes e-Vito.
4. Vigo: production site for Peugeot e-2008. Citroën e-Berlingo, Peugeot e-Partner, Opel e-Combo and their Toyota derivatives moved to the Ellesmere Port site in the UK.
5. Martorell: Production site for the future Volkswagen ID1/ID2 and their Skoda, Cupra and Audi derivatives.
6. Valencia: Possible production site for future Ford electric vehicles.
7. Pamplona: No electric models are currently planned.
The Martorell plant alone is planned to produce 500,000 electric vehicles per year. In total, Spain could produce 1.5 million electric vehicles in 2030, accounting for half of its automotive production, while Germany could produce 1.3 million and France 0.8 million electric vehicles at the same time.
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In the first four months of 2023, more than 180 000 vehicles were imported from China
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In the first four months of 2023, more than 180 000 vehicles were imported from China
- According to Inovev, 182,864 vehicles were imported into Europe (Europe 29 countries including the United Kingdom) from China in the first quarter of 2023. This quantity is the sum of vehicles produced by Chinese local carmakers in China (99,057 units or 54% of vehicles imported, compared to 48,946 in the first quarter of 2022 - an increase of 102%) and vehicles produced in China by foreign carmakers (83,807 units or 46% of imported vehicles, compared to 76,188 in the first quarter of 2022 - an increase of 10%).
It should be noted that all of the 182,864 vehicles imported represent 4.4% of the European market (Europe 29 including the United Kingdom) during the period considered.
It should be noted that all of the 182,864 vehicles imported represent 4.4% of the European market (Europe 29 including the United Kingdom) during the period considered.
- The analysis of Chinese brands has largely been made in a previous analysis (Auto Analysis of 08/03/2023).
- For models from non-Chinese brands, we can list the Tesla Model Y (35,133 sales from China), Tesla Model 3 (21,207 sales), Dacia Spring (16,110 sales), BMW iX3 (5,534 sales), Citroën C5 X (4,118 sales), Volvo S90 (858 sales), Smart 01 (634 sales), DS 9 (213 sales).
- At this rate, Europe (Europe 29 including the United Kingdom) could import more than 500,000 cars from China over the whole of 2023, which would represent 5% of the European passenger car market. This pace could still accelerate with the arrival of new Chinese models, with the rise of the Smart 01, with the start of the electric Mini Cooper and the Volvo EX30, etc... On the other hand, the ramp-up of the Tesla factory in Berlin could gradually reduce the number of Tesla Model Y models sold in Europe and imported from China.
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