Mercedes becomes the Number 1 premium carmaker in China
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Mercedes becomes the Number 1 premium carmaker in China
- The Mercedes brand became the leading premium brand in China in 2017, with 392,000 sales in this market in the first eight months of 2017, compared with 384,000 sales for BMW and 360,000 sales for Audi, with the other premium brands well behind. Cadillac barely exceeds 100,000 units, Land Rover does not reach 65,000 units, tied with Volvo, followed by Lexus (60,000 sales), Porsche (38,000 ), Infiniti (27,000 ), Jaguar (23,000 ), Lincoln (18,000 ) and Tesla (5,500 ). Other brands such as Maserati, Bentley, Ferrari, Rolls-Royce, Lamborghini, Aston-Martin or DS make less than 5,000 sales.
- Audi still produces the most cars in China (350,000 units in the first eight months of 2017), ahead of Mercedes (294,000 units) and BMW (248,000 units), other brands (such as Cadillac or Volvo ) being largely distanced.
- The Audi brand thus produces locally 98% of what it sells in China, compared with 75% for Mercedes and 65% for BMW. These two brands therefore still have room to produce more in China. Interestingly, Cadillac does even better than Audi, as this American brand produces 99% of what it sells in China locally. Others, such as Lexus, Porsche, Lincoln or Tesla, do not produce in China and import all of their sales into China.
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Geely becomes China's Number 1 manufacturer in front of Changan
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Geely becomes China's Number 1 manufacturer in front of Changan
- In 2017 the Chinese manufacturer Geely became the leading independent Chinese manufacturer in the passenger car category, beating Changan who had held this position for many years. In the first eight months of 2017, Geely sold 805,000 passenger cars (55,000 of which were Volvo) while Changan did not exceed 720,000 sales.
- Geely benefited from their product range, better suited to the demand of today’s Chinese customers while the Changan range‘s image is too entry level , and the contribution of Volvo cars that are beginning to sell at a reasonavle rate in the Chinese market, even if Mercedes, BMW and Audi are still way ahead.
- In the overall Chinese and foreign manufacturers ranking, Geely is now in fourth position, just behind Honda, and largely behind VW and GM which remain way out front. But Geely has supplanted Renault-Nissan and Toyota.
- Changan temporarily retains its leading position if commercial vehicles are added, with 857,000 sales in the first eight months of 2017, compared with 821,000 sales for Geely which sells fewer utilities. But it is clear that this gap will decrease over the next months and that Geely will surpass Changan in terms of sales of VP + VUL, perhaps before the end of the year, and certainly in 2018.
- Globally, Geely has largely outdistanced Changan, thanks to the contribution of Volvo.
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Ford could partner with Indian Mahindra
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Ford could partner with Indian Mahindra
- The US manufacturer Ford (6.3 million vehicles produced in 2016) and the Indian manufacturer Mahindra (0.6 million vehicles produced in 2016) are studying the possibility of building a strategic alliance. The two groups could cooperate in connected cars, autonomous vehicles, electric vehicles and component purchases.
- Grouping component purchases means there would be common parts (body, engine, transmission, interior) between Ford vehicles and Mahindra vehicles.
- In addition, the alliance between the two manufacturers would allow Ford to take advantage of Mahindra's distribution network in India (the world's fifth largest automobile market) and Mahindra to take advantage of Ford's distribution network in other emerging markets where it is not present.
- Mahindra remains one of the very last independent automakers, except chinese ones. As for Ford, there have been no major alliances since the sale of its Jaguar, Land Rover, Volvo and Aston-Martin brands.
- Currently, Ford is the fifth manufacturer in India, behind Mahindra (fourth), and one of the country's leading exporters thanks to the Ecosport exported to Europe, but will no longer be in 2018 due to the transfer of Ecosport to Romania (60,000 units less for the annual production of Ford India).
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Citroën will launch the future C5 in 2020 and the future C4 in 2021
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Citroën will launch the future C5 in 2020 and the future C4 in 2021
- Citroën has confirmed that the third generation of the C5 will be launched in 2020. The first generation was launched in 2000 (replacing the Xantia) and the second generation in 2008. The production of this second generation has been stopped in Europe in June 2017, and so Citroen will have no D segment sedan for the three years between June 2017 and June 2020. During this time Citroën will sell the SUV C5 Aircross, which could be considered a C5 SUV, notably because of its name. This SUV is expected to be launched in one year, in September 2018.
- The future C5 sedan will share its platform with the future Peugeot 508 sedan which is expected to be launched in 2018. It will be produced on the same site as the future 508 in Mulhouse. On the other hand, in China, the second generation of the C5 will continue its career without major changes.
- Citroën will also stop the manufacture of the C4 in Europe in June 2018, and will not replace this model until 2021. They will therefore have no C segment sedans for the three years between June 2018 and June 2021.
- During that time Citroën will sell the restyled C4 Cactus, which has moved up the product range, but is still based on the C3-PF1 platform. This model should be marketed until 2021, when the future C4 will be launched, replacing both the current C4 and the restyled C4 Cactus. This future C4 will be produced at the Spanish site of Villaverde.
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Genesis Announces Sales of 60,000 G70 Sedans
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Genesis Announces Sales of 60,000 G70 Sedans
- After the 2015 launch of the G90 sedan (F segment) and in 2016 of the G80 sedan (E segment), Genesis unveiled its third model, the G70 sedan (D segment), to complete the manufacturer's recently created range.
- The G70, produced in South Korea like the G80 and G90, is targeting D-segment premium sedans, such as the Lexus IS or Infiniti Q50, as well as the Audi A4, BMW 3 Series, Mercedes C-Class, Jaguar XE or Volvo S60 / V60.
- The Hyundai-Kia group, which owns the luxury brand Genesis, has announced that it plans to sell 60,000 G70 sedans annually, ie 15,000 in South Korea and 45,000 abroad, mainly in the United States.
- The Genesis G70 sedan, compared to the Hyundai and Kia segment D sedans, has its own specific body, a length of 4.69m (compared to 4.99m for the G80 and 5.21m for the G90).
- The G70 has three engines: a 2.0 turbo gasoline 252hp, a V6 3.3 turbo gasoline 370 hp and a 2.2 diesel 202hp. With these three engines, customers have the choice between rear or all-wheel drive.
- Next Genesis models will be the G70 coupe (2018), the new generation of the E-segment G80 (2019), the GV80 E segment SUV (2019), the restyled F segment G90 (2020) and the D segment GV70 (2020). Genesis C-segment sedans and SUVs will not be introduced before the next decade.
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