The Japanese market is up 8.8% in the first nine months of 2017
- 说明
The Japanese market is up 8.8% in the first nine months of 2017
- The Japanese market (PC + LCV) increased by 8.8% over the first 9 months of 2017. The volume sold over the first 9 months of 2017 was 4.11 million units.
- In September 2017, growth was however less strong (less than 5%), which indicates a slowdown compared to the last six months. This slowdown in growth could be accentuated in the last quarter of 2017. This trend, which has started since the end of the summer, has been disappointing since the fourth quarter of 2016, the Japanese market had restarted well, following the declines recorded in 2015 and 2016 (first three quarters).
- As Inovev has maintained for several years now, the Japanese market will not be able to return to its highest levels, because of a high rate of car ownership, a saturated automotive park , the aging of the population and the lack of interest of the younger generations for this type of mobility. Honda recently corroborated these forecasts, stating that the Japanese market could not increase in the medium and long term, and that this is one of the reasons that prompted it to close its historic Sayama factory, where it had begun the Honda adventure in the 60s.
- The year 2017 should therefore end with a volume of registrations in the order of 5.3 million units relative to 5 million in 2016, but 5.4 million in 2014, 5.9 million in 2005 and 6 million in 2000.
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阅读全文... The Japanese market is up 8.8% in the first nine months of 2017
The European market (29 countries) is up 3.6% in the first 9 months of 2017
- 说明
The European market (29 countries) is up 3.6% in the first 9 months of 2017
- In the first 9-months of 2017 , the European market (29 countries) rose by 3.6% with a volume of 13.54 million units. However in September 2017, it fell by 2%.
- This decline in September is attributable to the poor scores recorded in the two largest European markets: Germany (-3.3%) and England (-9.3%). England ‘s car market continues to decline since the introduction of new taxes in the first half of 2017, and the first consequences of Brexit are beginning to be felt. In the first 9 months of 2017, England fell by almost 4%. For Germany, the political context may have negatively impacted the automotive market (waiting phenomenon). Over the total of the first 9 months of 2017, however, Germany remains positive (+ 2.2%).
- Overall, the market seems to be slowing in the second half of 2017, as the number of countries with negative sales progression on September is 11 relative to 7 in August, 5 in July and 5 in June.
- Inovev expects a 3.2% increase in the European market (29 countries) in 2017, for a volume of 17.6 million units, compared to 17.1 million in 2016 and 18.7 million in 2007. The estimated volume for 2017 is however the best achieved since the record of 2007. Three manufacturers together make up more than 50% of European registrations: the Volkswagen group (23%), the PSA group (16%) and the Renault-Nissan group (15%).
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阅读全文... The European market (29 countries) is up 3.6% in the first 9 months of 2017
PSA reduces its production capacity in Great Britain
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PSA reduces its production capacity in Great Britain
- The PSA group will proceed to lower its production capacity on the Vauxhall site at Ellesmere Port. For many years, this site has been manufacturing part of the Opel Astra distributed in the European market and in Overseas markets.
- Thus, in 2016, 118,000 Astra were produced on the Ellesmere Port site, of which 23,000 for the British market and 2,000 for Ireland, the rest being distributed throughout the European continent and on foreign markets, except Russia and Ukraine where Opel has ceased its presence. The Ellesmere Port site has manufactured 80,000 Astra over the first 8 months of 2017.
- In comparison, the other European factory that manufactures Opel Astra, that of Gliwice in Poland, manufactured 187,000 units in 2016 and 120,000 units in the first 8 months of 2017.
- The strategy of PSA observed in recent years is to gradually concentrate the production of the same model in a single factory. PSA may do the same with the Opel Astra at the Gliwice plant. This site has a production capacity of 200,000 vehicles per year, but would need to increase to 300,000 units per year to reach the volume of all Astra produced in Europe in 2016.
- Before PSA took over Opel / Vauxhall, the GM group planned to close the Ellesmere Port and Luton plants by 2020. PSA, however, has committed to maintaining these plants. In the case of a transfer of the Opel Astra to Poland, the French group will have to produce another model or close the plant regardless.
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阅读全文... PSA reduces its production capacity in Great Britain
The Russian market is up 10.6% in the first 9 months of 2017
- 说明
The Russian market is up 10.6% in the first 9 months of 2017
- The Russian market (PC + LCV) rose by 10.6% over the first 9 months of 2017 total, with a volume of 1.13 million units. This recovery ends four years of uninterrupted decline, from 2013 to 2016. The clientele seems to have regained confidence, with the decline in economic sanctions against Russia and the tax incentives issued by the Russian government that allows certain customers to make auto purchases after several years of waiting.
- The Russian market could finish the year 2017 with a volume of 1.6 million vehicles, compared to 1.42 million units in 2016 and 1.6 million units in 2015. It would therefore return to its 2015 level but would still be far from the figures for 2012 (2.93 million units) or 2008 (2.85 million units).
- The year 2017 is characterized by a transfer of customers to the models produced locally, since this year the vehicles purchased and produced in Russia make up 84% of registrations, against 79% in 2016 and 66% in 2012. As a result, imports have dropped a lot. They went from 1 million units in 2012, to 300,000 in 2016 and probably 200,000 in 2017, a fall of 80% in six years. This is the result of the Russian government's policy of producing vehicles sold in Russia locally, including switching from SKD production (Semi Knock Down) to CKD (Complete Knock Down).
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阅读全文... The Russian market is up 10.6% in the first 9 months of 2017
Chery could be sold to a private Chinese group
- 说明
Chery could be sold to a private Chinese group
- Chinese automaker Chery was one of the most promising OEMs in the country a decade ago, thanks to an ambitious international strategy. Established in 1997, Chery began car production in 1999 and exported its first models in 2001. The manufacturer signed agreements with Iran in 2003, Egypt and Malaysia in 2004, Russia in 2005, Indonesia in 2006. In 2007, Chery signed an agreement with Fiat to produce Fiat and Alfa-Romeo in China. The same year, Chery becomes the second largest independent Chinese automotive manufacturer behind Changan.
- But since that date, Chery has experienced a number of setbacks. Exports are stalling, the agreement with Fiat has failed to yield any benefits, the proliferation of brands within the group is not pertinent, the creation of the Qoros brand in 2013 has resulted in very limited sales, sales of the city QQ - Chery's flagship model – are eroding year by year, the product range policy seems inappropriate, as does the expansion of its production capacity. In short, Chery’s market share is shrinking and its debt increasing, with the result that the manufacturer finds himself in 2017 in 6th place among the independent Chinese manufacturers, and 13th place among all Chinese manufacturers. Chery will produce as many cars in 2017 as in 2010, while at the same time Geely’s production tripled and that of Great Wall has been multiplied by two and a half. To get out of this delicate situation, Chery could be sold to a private Chinese group. Apparently the Baoneng group would be interested.
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