In China, which carmakers are posting the strongest growth in the first quarter of 2021?
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In China, which carmakers are posting the strongest growth in the first quarter of 2021?
- The Chinese passenger car market is up 76.6% in the first quarter of 2021 compared to the first quarter of 2020, which had been hampered by lock down and plant closures for several weeks. It is practically back to the level of the first quarter of 2019, down only 3.5% compared to this period. Which carmakers are posting the strongest growth in the first quarter of 2021?
- The strongest growth is recorded by the Tesla brand which was not present in China at the start of 2020. This is also the case for the Lincoln brand of the Ford group which intends to make a place for itself in the Premium segment against Cadillac and… Tesla .
- Next comes GM-Wuling (+ 260%) which benefits from the massive success of its small BEV, the HongGuang (nearly 100,000 sales in China in the first quarter of 2021). The HongGuang EV has helped reverse the descending trend of the GM-Wuling brand that has been observed for several years. Strong growth was also recorded by the Peugeot (+ 203%) and Citroën (+ 136%) brands of the Stellantis group which had collapsed in recent years and which sale low volumes. Next are the Buick (+ 123%) and Cadillac (+ 129%) brands of the GM group, the Chinese brands Great Wall (+ 134%) and Changan (+ 123%), the Japanese brand Honda (+ 114%) and the Premium brands Audi (+ 97%) and BMW (+ 97%).
- Chinese local carmakers now represent 42% of the Chinese passenger car market against 41% in 2020. The Chinese government’s target (more than 40% of market share) announced a few years ago has therefore been reached.
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続きを読む... In China, which carmakers are posting the strongest growth in the first quarter of 2021?
The European LUV market is restarting very strongly in 2021
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The European LUV market is restarting very strongly in 2021
- The European light utility vehicles (LUV) market recovered very well in the first quarter of 2021, showing an increase of 26.2% compared to the first quarter of 2020 and practically returning to the level of 2019 which had been a year record for LUV sales. With 533,000 vehicles sold in the first quarter of 2021, we are getting closer to the 561,000 sales in the first quarter of 2019 and away from the 434,000 sales recorded in the first quarter of 2020.
- This recovery started in February 2021 but it was amplified in March. It is likely that the next few months will confirm this trend. Companies that buy this type of vehicle therefore anticipate a return to normality, after a year of uncertainty following the coronavirus crisis and its multiple consequences. They expect the economy to pick up sharply after a year of a sluggish economy.
- The European countries which benefited the most from this improvement were Sweden, Great Britain, Austria and Italy, which recorded increases of more than 40% in their LUV sales, with France and Poland recording increases of around 35%. Germany is only seeing an increase in LUV sales of just 5%, but it held up well last year. Spain recorded a 12% increase in sales.
- All in all, France is stepping up its lead over Germany and remains the leader in this LUV market, ahead of Great Britain, Germany, Italy and Spain.
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続きを読む... The European LUV market is restarting very strongly in 2021
In 2020, Germany is the country that bought the most vehicles produced locally
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In 2020, Germany is the country that bought the most vehicles produced locally
- In 2020, in a European light vehicle market (PC + LUV) which fell to 13.74 million units, against 17.98 million in 2019 (due to the health crisis), nearly 71% of vehicles sold were produced within the same region. It means that 9.74 million light vehicles have been produced in European countries and sold in European countries.
- Imports therefore represent less than 4 million units, if we consider that stocks of vehicles at the end of the year were lower than at the beginning of the year, because sales in 2020 were spread over 12 months while the plants were closed because of the Covid-19 for a month and a half, in addition to the summer holidays. Inovev estimates the volume of these imports at around 3.5 million units, compared to 4.2 million in 2019 according to ACEA (representing a decrease of 17%). The countries from which Europe imports vehicles are mainly Turkey, Japan, South Korea and USA, again according to ACEA.
- Among the top 10 European markets in 2020, Germany is the country that buys the most locally produced vehicles (35% of its registrations). Its imports from other European countries account for 49% of its registrations and those from other regions of the world 16% of its registrations.
- The other countries stand out with a very low proportion of vehicles purchases locally produced: 22% in Spain, 21% in France, 16% in Italy, 10% in England, 3% in Belgium and even 1% in Poland. Only the Czech Republic stands out with 39% registrations from local production.
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続きを読む... In 2020, Germany is the country that bought the most vehicles produced locally
Stellantis is the leading seller of light vehicles in Europe in the first quarter of 2021
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Stellantis is the leading seller of light vehicles in Europe in the first quarter of 2021
- The Stellantis group announced that it was the leading carmaker group in Europe in terms of sales in the first quarter of 2021, ahead of the Volkswagen group. In a European market up 3.8% over this period compared to the first quarter of 2020, the results obtained by the Stellantis group are above average, as it recorded a sales increase of 10.8%, with 854 151 vehicles registered on a total European market of 3,619,749 units (PC + LUV). The group's market share is now 23.6% compared to nearly 23% for the German group.
- The Stellantis group is the market leader in France (37.7%), Italy (41.2%), Belgium (25.2%), Greece (28.8%), Hungary (16.9%), Lithuania (40.7%), Portugal (34.3%) and Spain (28.9%). Stellantis also takes the lead in the European light utility vehicle market with a market share of 34.3%, which represents more than 184,000 models registered in the first quarter of 2021.
- In addition, the Peugeot 208 became the best-selling car in Europe in the first quarter of 2021, overtaking the Volkswagen Golf which lost its leadership position acquired in 2007 and which it had retained until then.
- However, it is necessary to relativise the announcement of the first carmaker in Europe, because when we add the sales of PSA and FCA in Europe between 2015 and 2020, meaning before the merger, we see that the sales of the two groups were already higher than those of the Volkswagen group, except in 2020, where the German producer resisted better to the crisis. So Stellantis didn’t become the first seller by increasing its overall sales but rather by the addition of the French and Italian groups sales.
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続きを読む... Stellantis is the leading seller of light vehicles in Europe in the first quarter of 2021
The global automotive market is down 4.5% compared to the first four months of 2019
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The global automotive market is down 4.5% compared to the first four months of 2019
- The global automotive market (PC + LUV) increased by 34.2% in the first four months of 2021 compared to the same period in 2020, which was characterized by the closure of automobile plants for several weeks, both in Europe and in China or in the United States, following the consequences of the first wave of COVID-19.
- This is the reason why it makes more sense to compare the vehicle registration figures against the first four months of 2019. And in this case, the global automotive market is down 4.5% compared, with 25,906,629 vehicles, against 19,304,125 in the first four months of 2020 and 27,134,112 in the same period in 2019. We are therefore at 6.6 million more units compared to 2020 but 1.2 million units less compared to 2019. However, the gap seems to be thinning month after month (April 2021 is thus at the same level as April 2019).
- The total breaks down into 20,271,271 passenger cars (down 7.7% from 2019) and 5,635,358 light utility vehicles (up 9% from 2019). Regarding passenger cars, Europe is at + 23.2% compared to 2020 but at -25% compared to 2019, China is at + 53.7% compared to 2020 but -0.8% compared to in 2019, the United States is at + 27.5% compared to 2020 and + 0.1% compared to 2019, Japan is at + 8.6% compared to 2020 and -6.7% compared to to 2019.
- Regarding light utility vehicles, Europe is at + 49.7% compared to 2020 but -4.4% compared to 2019, China is at + 47.3% compared to 2020 and + 29.2% compared to compared to 2019, the United States is + 31.7% compared to 2020 and + 14.2% compared to 2019.
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続きを読む... The global automotive market is down 4.5% compared to the first four months of 2019