The Mexican market (PC + LUV) declined 7.1% in 2019
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The Mexican market (PC + LUV) declined 7.1% in 2019
- The Mexican car market (PC + LUV) declined by 7.1% in 2019 to 1.32 million units, while it had already decreased by 7.2% in 2018 to 1.42 million units. This market has therefore been declining for two years continuously and at the same rate.
- We therefore observe the same type of scenario as in Canada, but there are however significant differences. First, the motorization rate is twice lower in Mexico than in Canada (nearly 350 cars per 1,000 inhabitants) and therefore the Mexican market theoretically has still significant development potential.
- Then, the Mexican market grew much faster than the Canadian market between 2010 and 2017 (year of sales peak), going from 650,000 to 1,530,000 units over this period (which represents an increase of 135%). During the same period, the Canadian market increased from 1,450,000 to 2,039,000 units (an increase of 40%). The difference in the motorization rate between the two countries may explain this growth gap.
- As a result, the decline in the Mexican market between 2019 and 2017 is much more brutal (-13.5%) than that of the Canadian market (-6%).
- By carmaker, the Renault-Nissan group remains the 2019 leader in Mexico sales (with 23% market share), ahead of GM (16%), Volkswagen (14%), Hyundai-Kia (11%) and Toyota (8 %). The Fiat-Chrysler group is behind (5%).
- SUVs represented 31% of the Mexican market in 2019, compared to 29% in 2018 and 27% in 2017.
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続きを読む... The Mexican market (PC + LUV) declined 7.1% in 2019
The Hyundai-Kia group remains the fifth world carmaker in 2019
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The Hyundai-Kia group remains the fifth world carmaker in 2019
- The Hyundai-Kia group (Hyundai, Kia, Genesis) sold 7.19 million vehicles (PC + LUV) in the world in 2019, which represents a decrease of 2.8% compared to 2018, in particular due to a loss of 170,000 units on the Chinese market. The Korean group remains the fifth largest carmaker in the world, behind Volkswagen, Toyota, Renault-Nissan-Mitsubishi and GM.
- The gap with GM has actually narrowed sharply last year, as the American group suffered from a drop in sales in China (-27% representing a loss of nearly 800,000 units). As a result, the ex-world number 1 could fall to fifth place in 2020, behind Hyundai-Kia. The coming months will be instructive in this regard.
- Hyundai-Kia group wants to boost its sales in 2020, with an objective of 7.54 million sales (PC + LUV) in the world (divided into 4.58 million Hyundai and 2.96 million Kia), which represents an increase of 4.8% compared to 2019.
- Global sales break down of the Hyundai-Kia groups in 2019 are the following:
• The United States remains its largest market, with 1.325 million units, or 18.5% of its world sales.
• Korea is its second market, with 1,263 million units, or 17.5% of its world sales.
• Europe becomes its third market, with 1.065 million units, or 15% of its world sales.
• China becomes its fourth market, with 1.012 million units, or 14% of its world sales.
- These four markets represent 65% of the Hyundai-Kia group's global sales in 2019.
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続きを読む... The Hyundai-Kia group remains the fifth world carmaker in 2019
2020 Geneva MotorShow - New models launched in 2020 and produced in Europe
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2020 Geneva MotorShow - New models launched in 2020 and produced in Europe
続きを読む... 2020 Geneva MotorShow - New models launched in 2020 and produced in Europe
Australian market (PC+LUV) fell 7.8% in 2019
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Australian market (PC+LUV) fell 7.8% in 2019
- The Australian automobile market (PC+LUV) declined by 7.8% in 2019 to 1.025 million units. The current market level is therefore moving away from the 2016 sales peak (1.178 million units) and returns to the level of the period 2005-2011. Australia is part of a global context of declining world sales in 2019, excluding Brazil (which experienced a slight increase) and Argentina or Turkey (which experienced a very large decline).
- Australia adds to the problem of declining market, the end of its automobile industry in 2017. Today, all sales made in Australia are therefore imported, mainly from nearby Asia.
- Japanese brands occupy 54% of the Australian market in 2019, including 21% for the leader Toyota, 9% for Mazda and 8% for Mitsubishi. Ex-leaders GM and Ford retain only 10% of the market, including 6% for Ford and 4% for GM. It is to remind that GM is the owner of the Holden brand since 1931. This brand, which fell to 4% of the Australian market in 2019 (its only market), could disappear in the short term.
- SUVs get 46% of the Australian market in 2019 compared to 44% in 2018, which is one of the highest proportions in the world, comparable to those observed in Canada or the United States.
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2020 Geneva MotorShow - Models with a first appearance at the 2020 Geneva Motor Show
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2020 Geneva MotorShow - Models with a first appearance at the 2020 Geneva Motor Show
続きを読む... 2020 Geneva MotorShow - Models with a first appearance at the 2020 Geneva Motor Show







