GM and Ford fall behind in electric cars
- 说明
GM and Ford fall behind in electric cars
- While the Volkswagen, Daimler, BMW, Renault-Nissan and more recently PSA groups have announced their various projects in the field of electric cars (launch forecasts, creation of dedicated platforms, sales forecasts, etc. ...), two US manufacturers - GM and Ford - remain very discreet about their strategy in this area.
- Highly disappointed with the commercial results of their respective electric and hybrid models, such as the Chevrolet Volt, Chevrolet Bolt, Ford Focus EV, Ford Fusion PHEV, GM and Ford groups felt encouraged by the Trump administration - which relaxed emissions and fuel consumption restrictions in the United States - to reduce their investment in new generation electric vehicles and to invest in large-sized combustion engine vehicles.
- These two manufacturers may well miss the boat by ignoring new technologies, which could lead in the medium term to their marginalization (or even their disappearance) because global markets are now all oriented towards developing sales of electric vehicles.
- Ford, aware of its delay in this area, is negotiating with the Volkswagen Group to try to equip its future models with VW electrical technology, which should lead to some compensation, notably around the role of Ford’s persistently fragile European subsidiary.
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New decline in European markets in October 2018
- 说明
New decline in European markets in October 2018
- The introduction of the new WLTP standards that replace the old NEDC standards continues to disrupt the European market during the second half of 2018.
- After the sharp rises recorded in July and August, due to over-registration or massive destocking of vehicles to old standards, the European passenger car market recorded a sharp drop in September (-23% for all of Western Europe) and a further, smaller drop in October (-7.5% for the whole of Western Europe).
- As a result, over the first 10 months of 2018, the European passenger car market is growing by 1.5%, and the figures should be better in November and December. This means that the European market could record growth of between 2.0% and 3.0% over the year, which is in line with Inovev forecasts, which predicted 2.9% growth in 2018 at the beginning of summer.
- It can be seen from the graphs below that some countries are doing better than others, especially France, which has the lowest sales declines in September and October, and this country is also posting the strongest sales growth in Western Europe for the 10 first months of 2018 (+ 5.7%) behind Spain (+ 10.0%) and the Netherlands (+ 8.1%), but ahead of the Germany, Belgium, Italy and the United Kingdom.
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NIO launches production of a new 100% electric SUV
- 说明
NIO launches production of a new 100% electric SUV
- NIO is a Chinese car manufacturer founded in 2014 which specializes in the development and production of 100% electric vehicles. It is a subsidiary of the Next EV group that participates in the championship of electric single-seaters of Formula E and which presented a 1390hp electric supercar called EP9 last year.
- NIO announces the launch of its new model, the ES8 SUV, which will begin marketing this month and of the establishment of 1,100 charging stations to accompany its release in China. It must be said that with a range of 355 km according to the NEDC cycle, the 100% electric SUV will need these stations to cover long distances.
- This rather modest autonomy is explained by the battery capacity, limited to 70 kWh, 5 kWh less than the Tesla Model X, which claims 417 km of autonomy. Its sports car type performance does not help the autonomy of the vehicle either. NIO announces indeed a power of 653ch, enough to allow a 0 to 100 km / h in 4.4 seconds. Failing to go really far, the NIO ES8 can at least go really fast.
- NIO took the opportunity to announce the ES8 prices for the Chinese market. They will begin at 448,000 yuan or about 57,000 euros. For comparison, a Tesla Model X costs twice as much in this market!
- No sales or production forecasts have been provided by the manufacturer.
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Renault will probably not replace Espace and Talisman
- 说明
Renault will probably not replace Espace and Talisman
- The Renault Product Plan recently detailed in Inovev Auto-Analyses reveals that the Espace (D segment MPV) and Talisman (D segment sedan) will be restyled in 2019 but will not be replaced until 2023, while their launch dates back to 2014 for the former and to 2015 for the latter.
- Inovev believes that these models will not be replaced, as their sales volume does not meet company objectives at all, and there is no reason to expect that their replacements would achieve better results.
- In the first nine months of 2018, the Talisman sold 16,000 units (21,000 over the year as against 29,000 in 2017 and 54,000 in 2016), while the Espace has not exceeded 10,000 sales (13,000 over the whole year against 18,000 in 2017 and 29,000 in 2016).
- Both models should be sold until the end of their life cycle and will make way for the new generation of Renault electric cars which should start production in 2021 on the Douai site.
- The Renault Scénic will remain on the Douai site, at least until 2023. Its sales reached 83,000 in the first nine months of 2018 (against 109,000 in 2017 and 80,000 in 2016), which augurs a volume of 110,000 to 112,000 units throughout the year.
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Comparison between global production and sales (2005-2017)
- 说明
Comparison between global production and sales (2005-2017)
- Inovev has compiled global automotive production figures, and compared them to global auto sales figures since 2005. Logically, the production curve follows that of sales, but we observe that each year a new stock inflates OEM production figures in order to be able to respond to demand.
- Thus, the difference between the world car production achieved between 2005 and 2017 (1,032 million vehicles) and worldwide sales over the same period (1,018 million vehicles) is about 14 million vehicles, or one million per year over a period of 13 years, which is relatively negligible given that this figure represents on average 1% of annual world production over this period, whereas car manufacturers must necessarily create a stock equal to or greater than 10% of their production in order to be able to constantly meet demand.
- Thus, the difference between the initial stock in 2005 and the final stock in 2017 is 14 million vehicles, but we observe that the stock has declined sharply on two occasions: one in 2009 (following the financial crisis of 2008 which caused a fall in sales) and the other in 2014 (following a general destocking operation that may be linked to the first measures against the diesel engine). Note that in 2017, just before the introduction of the new WLTP standards, the increase in global stock was limited to 500,000 vehicles, which is two times less than the 13-year average.
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阅读全文... Comparison between global production and sales (2005-2017)