Japan’s PC + LUV market increased by 5.3% in 2017
- 詳細
Japan’s PC + LUV market increased by 5.3% in 2017
- The Japanese automobile market (PC +LUV) increased by 5.3% in 2017, with a volume of 5,234,166 units (compared to 4,970,260 in 2016), reflecting a return to growth, since this market posted negative results since 2015. However, there is a sharp downturn since the fall of 2017 and at this rate, the Japanese market could become negative in 2018. Inovev thinks that this market could fall to 5 million units in 2018, down 4.5% from 2017.
- The manufacturers that made the most progress in 2017 in the Japanese market are Subaru (+ 13.5%) and Renault-Nissan (+ 10.6%).
- The Japanese market leader remains the Toyota group (Toyota, Lexus, Daihatsu) which occupies 44.5% of the market share in 2017, which is the same as the previous year since Toyota has increased its sales as much as the market as a whole ( + 4.5%).
- The Toyota group largely dominates its competitors since the second manufacturer, Honda does not exceed 13.8% of market share. Next are Suzuki (12.7% market share) and Renault-Nissan (11.3% market share). The other manufacturers are far behind: Mazda (4.0% market share), Subaru (3.4% market share) and Mitsubishi (1.8% market share) that we are counting separately here in order to better compare to other manufacturers.
- Imports made up 6% of the Japanese market in 2017, the same as in 2016.
Contact us: info@inovev.com
Geely acquires 8.2% of Volvo Trucks
- 詳細
Geely acquires 8.2% of Volvo Trucks
- Volvo Trucks is one of the world's largest manufacturers of trucks, just behind the Daimler Group. Volvo Trucks currently comprises Volvo Trucks, Renault Trucks, Mack Trucks, UD Trucks (formerly Nissan Diesel) and Eicher Motors.
- Volvo Trucks was separated from Volvo Cars in 1999, when the Ford Group bought Volvo Cars, which it sold to Geely in 2010. Today, Geely has become the world's thirteenth-largest manufacturer (thanks in part to Volvo Cars) and the first independent Chinese automaker ahead of Changan (if Volvo production is integrated). In 2017, Geely sold 1.82 million vehicles worldwide, including 1.25 million under its own brand (mainly distributed in China) and 0.57 million under the Volvo brand (distributed worldwide).
- In line with their goal to become one of the world's top 10 automakers, Geely bought London taxi manufacturer LTC in 2012, and then took a 49% stake in Malaysian Proton and 51% in Britain's Lotus, then announced the acquisition of Polestar which will become in 2019 a full-fledged brand of the group. Finally, Geely just took 8.2% of Volvo Trucks' capital. This is a first step that could eventually lead to a future return of the Volvo group to the structure that existed before 1999, but this time under the direct control of the first independent Chinese automotive manufacturer.
Contact us: info@inovev.com
Inovev forecasts 20,000 sales/year for the new Mercedes G-Class
- 詳細
Inovev forecasts 20,000 sales/year for the new Mercedes G-Class
- Mercedes unveiled the new generation of the G-Class SUV at the 2018 Detroit Auto Show. The previous generation, which dated back to 1979, was one of the oldest models still in production, along with its main competitor, the Jeep Wrangler which has been restyled several times in recent decades.
- The new generation of the G-Class keeps the previous generation’s silhouette, probably to avoid confusing the clientele of this mythical model that has sold nearly 300,000 units in 38 years. The new model is 5cm longer, at 4.71m and 10cm wider, at 1.86m.
- The new generation is announced lighter (gain of 170 kilos compared to the previous version), more rigid, more comfortable, more spacious, while maintaining its excellent off road capabilities.
- The engines of the new model will be 4-liter V8 gasoline engine developing 422 hp and a 245 hp V6 diesel engine that will be available from 2019. A more powerful AMG engine could follow.
- The launch of the new G-Class is scheduled for spring 2018. It will still be produced at the Magna-Steyr plant in Graz, Austria. Inovev expects an annual volume of 20,000 units produced, the previous peak having been reached in 2017, with 9,000 units produced, which - for a model aged 38 - was a real performance.
Contact us: info@inovev.com
続きを読む... Inovev forecasts 20,000 sales/year for the new Mercedes G-Class
2017 European market breakdown by segment and body type
- 詳細
2017 European market breakdown by segment and body type
The European car market increased by 3.3% for the PCs + LCVs overall but also 3.3% for the PCs only. Inovev has studied the evolution since 2000 of the European automotive market for PCs by segment and by body type.
1. By segment: C segment remains the leader of the European market with 37% of market share in 2017, an increase since 2015, but still down compared to 2012-2013-2014 where it reached or exceeded 38%. B Segment has moved closer to C segment since the beginning of the 2010s. It ends 2017 with a market share of 32% down slightly compared to 2015 and 2016 (B segment then reached 33% of the market ). D segment does not exceed 15% of the European market (stable since 2015). A Segment is below 10% share of the market, which it had exceeded in 2009 when scrappage bonuses were introduced which favorited the purchase of small cars. E segment is stable at 6% market share. F segment is stable at 1% market share.
2. By body type : the sedan category has gradually fallen to 60% of the European market in 2017, compared to 90% in 1999, 80% in 2009 and 70% in 2014. This category is competing with SUVs which make up 30% of the European market in 2017, compared to 20% in 2014 and 10% in 2010. Minivans fell to less than 10% of the European market in 2017, compared to 15% in 2005. These trends are expected to continue in 2018.
Contact us: info@inovev.com
続きを読む... 2017 European market breakdown by segment and body type
Toyota and Mazda to build second joint plant in North America
- 詳細
Toyota and Mazda to build second joint plant in North America
- Toyota and Mazda will build a second joint factory. Since 2014, Toyota and Mazda share vehicle manufacturing in their Salamanca Mexico plant inaugurated that year. The models produced in this plant are the Mazda 2 and Mazda 3, and a Toyota model derived from the Mazda 2, called Yaris (but which has nothing to do with the Yaris manufactured in Japan and France).
- The Salamanca plant has a production capacity of 300,000 vehicles per year and manufactured 186,000 cars in 2017 (compared to 193,000 units in 2016).
- As Inovev said last year in several reviews, the gap between sales in the NAFTA zone and local production is still significant at Toyota and Mazda, which does not go in the direction desired by the Trump administration. The two manufacturers have therefore decided to repeat the Salamanca experience this time on US soil in Alabama (Huntsville).
- The plant, which will enter into operation in 2021, will have a production capacity of 300,000 vehicles per year, and will manufacture Toyota Corolla and Mazda CX5. Currently, the Mazda CX5s sold in North America come entirely from Japan (164,000 CX5 shipped to the US in 2017). As for Toyota Corolla, they come from local factories (389,000 sales in 2017), but GM, Ford and Chrysler ‘s gradual pull out of the compact sedan segment allows Toyota to plan on a rise in sales of its Corolla in the US over the next few years.
Contact us: info@inovev.com
続きを読む... Toyota and Mazda to build second joint plant in North America