The global market of passenger cars is down 20.6% over 9 months 2020
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The global market of passenger cars is down 20.6% over 9 months 2020
- The global automotive market for passenger cars is down 20.6% in the first 9 months of 2020, compared to the first 9 months of 2019, due to the coronavirus crisis. The decrease was -28.3% over the first 3 months and -29.4% over the first 6 months. We have seen an improvement in the world market since last summer, driven by the good performance of the Chinese market and then by the US market, when the European market still lagging behind.
- Monthly figures show a drop of -13.4% in January worldwide, -28.2% in February (fall of the Chinese market), -40.8% in March (fall of both American and European markets), -44.6% in April (fall of both American and European markets), -33.2% in May (slow recovery of the markets) then the market situation improved significantly in June (-15.2%) and especially following months (-2.5% in July, -6.1% in August and +1.4% in September). But while the Chinese and then US markets are returning to pre-crisis levels, the European market is still lagging behind, only returning to pre-crisis levels in September.
- In terms of volumes, the global market lost between 8 and 9 million passenger vehicles over the first 9 months of 2020, if we consider that the global market would have declined slightly this year anyway, even without the coronavirus crisis. . Over the year as a whole, given a fourth quarter which should be comparable in volume to the fourth quarter of 2019, we can expect a drop in the world market of around 15% on an overall volume of 49 to 50 million units, down 8 to 9 million passenger vehicles compared to 2019.
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続きを読む... The global market of passenger cars is down 20.6% over 9 months 2020
Stellantis group could get 40% of LUV market share in Europe
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Stellantis group could get 40% of LUV market share in Europe
- The European Commission recently indicated that it will analyse a possible hegemonic position of the future Stellantis group (resulting from the merger of PSA and FCA) on the market of light utility vehicles (LUV) in Europe. The green light for this merger is expected to be given by the end of the year.
- Inovev has analysed the production and sales figures in Europe of various LUV producers such as Renault, Ford, Volkswagen, Daimler, PSA and FCA.
- It turns out that the share of PSA and FCA on the European light utility vehicles market reached 41% in 2019 (including 31% for PSA and 10% for FCA), thus ahead of the Renault-Nissan groups (22%), Ford (16%), Volkswagen (8%) and Daimler (7%). In terms of production, the differences observed between the different producers are the same.
- With the creation of the future Stellantis group in the LUV market, the shares of PSA and FCA would not reach 50% of the European market. It does not even represent double the share of the second producer in this market (Renault-Nissan is indeed at 22%).
- With the announced end of the Fiorino (compact LUV), the development of Toyota in this LUV market and Stellantis' project to bring together the Fiat Doblo, Opel Combo, Citroën Berlingo, Peugeot Partner, Toyota ProAce City under one same body with different badge, PSA + FCA's share is likely to decline over the next three years and probably stabilize around 40% of the European LUV market.
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続きを読む... Stellantis group could get 40% of LUV market share in Europe
The most exported vehicles in Europe and the most imported in Europe
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The most exported vehicles in Europe and the most imported in Europe
- Inovev has analysed passenger cars (PC) exported in 2019 from Europe (including Turkey) to other regions of the world and passenger cars imported in 2019 to Europe from other regions of the world.
- In 2019, a total of 3.432 million of PC were exported from Europe, or 17.5% of the European production (including Turkey). Premium brands (BMW, Mercedes, Audi, Volvo, Land Rover, Porsche, etc.) accounted for the largest share, as it exceeded 60% of total exports from Europe. These vehicles targets large foreign markets such as the United States and China, but also other important markets such as Russia, Japan, Korea and the Middle East. The most exported vehicle in 2019 is the Mercedes GLC (D-segment SUV), followed by the Mercedes E-Class (E-segment sedan) and the BMW 3 Series (D-segment sedan).
- As for imports, they represented 2.169 million passenger cars in 2019. The proportion of Premium brands is here much lower than for exports, since it does not reach 20%. Premium models imported are mainly transfers to North America and reimported in Europe (BMW, Mercedes, Audi). Tesla is also important as all of its models are currently imported from the United States until the German plant starts.
- The most imported vehicles are the Dacia Sandero (which comes from Morocco), followed by the Tesla Model 3 (USA), the Hyundai Kona (South Korea but in 2020 the battery electric version of this model will be produced in Europe) and the Toyota RAV4 (Japan).
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続きを読む... The most exported vehicles in Europe and the most imported in Europe
Geely announces the upcoming launch of Polestar 3 and Polestar 4
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Geely announces the upcoming launch of Polestar 3 and Polestar 4
- The Chinese group Geely, which owns the Volvo and Polestar brands among others, has just announced the upcoming launch of new 100% electrified models (BEV)of the Polestar brand in 2022 and 2023. The brand has in fact been specialized since 2017 in the production of models equipped with this type of engine.
- The Polestar range was launched at very low volume production with the Polestar 1, which is a 4.60m-long two-door coupe using plug-in hybrid (PHEV) technology. Recently, the carmaker launched the BEV Polestar 2, which is a 4.60m-long four-door sedan. Both models share the same CMA platform already used on the Volvo XC40. These two Polestar models have already been distributed in a few thousand copies around the world, including 815 in Europe (43 Polestar 1 and 772 Polestar 2). Even though Polestar is a Swedish brand with global headquarters in Gothenburg, Polestar models are produced in China: Polestar 1 in Chengdu and Polestar 2 in Luqiao.
- The Polestar 3 is scheduled for 2022. It will be a BEV D-segment SUV based on the new SPA2 platform planned for upper segment models (including the futures Volvo S60 / V60, XC60, S90 / V90, XC90 ). This future model intends to compete with the Jaguar I-Pace having similar dimensions (4.75 m long). Its production plant is still unknown.
- The Polestar 4 is scheduled for 2023. It will be a BEV E-segment sedan based on the SPA2 platform that will compete with the Tesla Model S (5.00 m long). At the 2020 Beijing Motor Show, which took place at the end of September, the Polestar 4 was unveiled as a concept (see photo) called Precept.
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続きを読む... Geely announces the upcoming launch of Polestar 3 and Polestar 4
Suzuki is selling rebranded versions of Toyota RAV4 and Corolla
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Suzuki is selling rebranded versions of Toyota RAV4 and Corolla
- Following the agreements between Toyota and Suzuki, two of the best-selling Toyota models in Europe will be sold with the Suzuki brand. These are the Toyota RAV4 renamed Suzuki Across (D segment SUV) and the Toyota Corolla station wagon renamed Suzuki Swace (C segment sedan). Suddenly these models become the largest ones (in size) in the Suzuki product range as this carmaker was until now a producer of small-sized cars, from A and B segments.
- The Japanese brand had in a recent past experienced a real commercial failure with its larger models, such as its C-segment sedan, the Kizashi (2009-2016), Suzuki customers being little interested in large models. The Kizashi was 4.65 m long. Before the Kizashi, Suzuki had proposed the Verona (2001-2006) sedan derived from the Daewoo Magnus, but this 4.75m-long model had not met any success.
- Today, the launch of the Suzuki Across (4.63 m long) and Swace (4.65 m long) arise questions, because the commercial failures of the previous models in the C and D segments are likely to be repeated in the same way.
- These two Suzuki models are only offered in a hybrid version (with a Toyota engine) and are produced in the Japanese Toyota plant. The two models are marketed in Europe, India and Japan (Suzuki is no longer sold in China and USA). The only advantage of these launches seems that it will help Suzuki to complete its product range in India, where the Japanese brand has a significant market share, as the interest of these models in Europe seems very low.
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続きを読む... Suzuki is selling rebranded versions of Toyota RAV4 and Corolla





