Category Blog

詳細: 上で公開 2019年02月11日

The Indian market (PC+LCV) grew by 9.5% in 2018

- The Indian automotive market (PC+LCV) continued to grow in 2018, to 4.4 million units, an increase of 9.5% compared to 2017, while it had already increased by 9.6% in 2017. The Indian market has been growing steadily since 2014. Its growth in 2018 was one of the highest in the world, behind Brazil (+14.6%) and Russia (+12.8%). It has thus gradually become the fifth largest market in the world, behind China, the United States, Europe and Japan. Inovev believes that the Indian market will surpass the Japanese market by 2020 and thus become the fourth largest in the world.

- Potentially, the Indian market could even become the second largest in the world, after China, because its population is almost as large as China, but its motorization rate is currently much lower as is its economic dynamism. The Indian middle class is also less numerous and less affluent than the Chinese middle class.

- By manufacturer, the Suzuki-Maruti group remains by far the leader in the Indian market, with 39.8% of registrations in 2018, ahead of the Tata (15.6%), Hyundai-Kia (12.5%) and Mahindra (11.3%) groups. The other automakers are far behind, even Renault-Nissan, which did not exceed 3% of the market, whereas its objectives were set at 5%.

Contact us: info@inovev.com

続きを読む... The Indian market (PC+LCV) grew by 9.5% in 2018

詳細: 上で公開 2019年02月11日

Tesla produced more than 250,000 electric cars in 2018

- California electric car manufacturer Tesla produced 254,530 vehicles in 2018 (including 152,977 Model 3, 65,627 Model S, 35,926 Model X), making it the world's leading electric vehicle manufacturer.

- The American manufacturer now expects to reach 350,000 sales in 2019 and exceed 500,000 sales in 2020.

- Inovev considers these objectives realistic, especially since two new models should be launched soon, including a roadster and a 100% electric truck. But Tesla is counting above all on the launch of a D-segment SUV, the Y model, and on the growth of the 100% electric vehicle market in China, which is the leading market for this type of engine and which is investing heavily in the development of this market for the coming years.

- Tesla has confirmed that its Chinese plant in Shanghai will be able to produce up to 200,000 vehicles per year, starting in 2020. The models concerned will be the Model 3 and the future Model Y, which will be an SUV variant of the Model 3. The Model S and Model X models that will continue to be sold in China will be imported from the United States as they are today. However, the latter two models will be handicapped by the taxes on vehicles imported from America that the Chinese government introduced last year in response to US taxes on vehicles imported from China. With two plants located in the two largest markets in the world, Tesla will likely reach 500,000 units produced in 2020.

Contact us: info@inovev.com

続きを読む... Tesla produced more than 250,000 electric cars in 2018

詳細: 上で公開 2019年01月28日

The Mexican market (PC+ LCV) fell by 7.2% in 2018

- The Mexican car market (PC + LCV) fell by 7.2% in 2018, to 1.42 million units against 1.53 million in 2017, a record year in the Mexican market.

- The political and commercial tensions between Mexico and the United States surely played in this negative evolution of the Mexican market. However, it is necessary to relativize this decline, since this figure of 1.42 million is the third best of the decade, the low point being in 2010 with a volume of only 0.67 million units.

- Like the Canadian market, has the Mexican market reached a plateau in 2017? Nothing is less certain, because the motorization rate in Mexico is still much lower than that recorded in the United States or Canada.

- Inovev nevertheless expects the Mexican market to fall by around 5% in 2019 bringing the market down to 1.35 million units this year, before returning to normal in the following years.

- Most manufacturers‘ sales declined in the Mexican market in 2018. The Renault-Nissan group nevertheless retains its leading position, with a market share of 24.1%, ahead of GM groups (16.6%), Volkswagen (13.8%), Hyundai-Kia (10.2%), Toyota (7.7%), Honda (6.1%), Fiat-Chrysler (5.2%) and Ford (5.0%) ). SUVs accounted for 29% of the Mexican market in 2018 (versus 27% in 2017) and sedans 57% (compared to 59% in 2017).

Contact us: info@inovev.com

続きを読む... The Mexican market (PC+ LCV) fell by 7.2% in 2018

詳細: 上で公開 2019年01月28日

Canadian market (PC + LCV) fell 2.6% in 2018

- The Canadian automobile market (PC + LCV) fell by 2.6% in 2018 to 1.98 million units against 2.04 million in 2017.

- This market had reached a peak in 2017, following the rebound in the market recorded in 2010 after the fall in sales in 2009 (as in most countries) caused by the 2008 financial crisis, seems to have reached a plateau in 2017 which corresponds to a volume of 2 million units per year.

- It's hard to say if this market will go up or down in the next two years. However, Inovev expects the Canadian market to stagnate at about 2 million units in 2019 and 2020.

- Most manufacturers‘ sales declined in the Canadian market in 2018. The Ford group narrowly maintained its leading position in this market, with a market share of 14.7%, ahead of GM groups (14.3% ), Toyota (11.4%), Fiat-Chrysler (11.1%), Hyundai-Kia (9.9%), Honda (9.6%), Renault-Nissan (7.3%), and Volkswagen (5.8%).

- SUVs accounted for 48% of the Canadian market in 2018 (compared to 44% in 2017) and sedans only 28% (compared to 30% in 2017). Pickups make up 20% of the Canadian market (as in 2017), while minivans are only at 4% of this market (compared to 6% in 2017). Fiat-Chrysler MPVs are gradually disappearing from the Canadian market as from other markets in North America.