Review of automotive production in India
- 说明
Review of automotive production in India
- Indian automobile production (PC+LCV), after continuous growth between 2005 and 2018, gradually increasing from 1.6 million vehicles to 5.0 million, experienced a drop in 2020 due to the Covid crisis, thus falling to 3.4 million units. The year 2021 allowed a relaunch of production, which passed the bar of 4 million units.
- The first five months of 2022 indicate that we will pass the 5 million units mark this year, thus posting a new record. This good performance in 2022 demonstrates that Indian automobile production is not at all affected either by the shortage of semiconductors observed in other regions of the world or by the shortage of component supplies linked to the war in Ukraine or by rising commodity prices.
- India is taking advantage of its "splendid isolation" in terms of car production focused on rustic and low-end vehicles to hold its own in a general environment very unfavorable to the acquisition of new cars.
- Of the 18 automakers operating in India, which are growing the most in 2022?
National brands are progressing strongly: Maruti-Suzuki (+11%), Tata Motors (+35%), Mahindra (+50%), while foreign brands are progressing less strongly, such as Toyota (+2%), MG (+3 %), Honda (+4%), Volkswagen (+27%), Kia (+29%) or even lost sales, such as Hyundai (-4%), Renault (-8%) or Nissan (-12%). Some have even ceased production, such as Ford or Datsun, which took the same path as GM a few years ago.
National brands are progressing strongly: Maruti-Suzuki (+11%), Tata Motors (+35%), Mahindra (+50%), while foreign brands are progressing less strongly, such as Toyota (+2%), MG (+3 %), Honda (+4%), Volkswagen (+27%), Kia (+29%) or even lost sales, such as Hyundai (-4%), Renault (-8%) or Nissan (-12%). Some have even ceased production, such as Ford or Datsun, which took the same path as GM a few years ago.
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Review of automotive production in Brazil
- 说明
Review of automotive production in Brazil
- Brazilian automobile production (PC+LCV), after overall growth between 2005 and 2013, gradually increasing from 2.4 million vehicles to 3.5 million, fell in 2014, 2015 and 2016 due to a serious economic crisis, thus falling to 2 million units in 2016. 2017 saw a recovery in production, which passed the 2.5 million unit mark. The following two years confirmed this catch-up, with production of nearly 3 million units per year. The Covid crisis in 2020 caused the volume of Brazilian production to drop to 2 million units, as in 2016, the lowest figure of the decade. The brasilian government has failed to give a real boost to the local auto industry since the production volume of 2021 is not much better than that of 2020 (2.1 million units) far the 2013 record (3.5 million units). The first five months of 2022 indicate that it will be difficult to reach a volume of more than 2 million units over the whole year, since production is down 9.5% over five months.
- Among the 17 manufacturers present in Brazil, which ones are progressing the most in 2022?
Only two brands saw their sales increase: Toyota (+26%) and Chevrolet (+9%). The other brands fell back, with the most significant declines recorded by: Citroën (-45%), Nissan (-25%), Volkswagen (24%), Renault (-23%), Hyundai (-15%), Fiat ( -13%). We observe that these sharp declines affect manufacturers with a strong presence in Brazil (Fiat, Volkswagen, Hyundai, Renault). The Brazilian market is indeed down sharply over the first five months of 2022: -17%.
Only two brands saw their sales increase: Toyota (+26%) and Chevrolet (+9%). The other brands fell back, with the most significant declines recorded by: Citroën (-45%), Nissan (-25%), Volkswagen (24%), Renault (-23%), Hyundai (-15%), Fiat ( -13%). We observe that these sharp declines affect manufacturers with a strong presence in Brazil (Fiat, Volkswagen, Hyundai, Renault). The Brazilian market is indeed down sharply over the first five months of 2022: -17%.
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Dacia: low cost resists in a world of expensive cars
- 说明
Dacia: low cost resists in a world of expensive cars
- In a European market (29 countries) down 13% in the first five months of 2022 compared to the first five months of 2021, the low-cost brand Dacia (a subsidiary of the Renault group) managed to hold its own, even if t is not a breakthrough, having sold 167,000 cars against 147,000 the previous year, which represents an increase of 13.8%. But other non-low cost brands achieve similar performances, such as Porsche (+12.3%), DS (+18.9%), Honda (+23.3%) with lower volumes and especially the Koreans Hyundai (+13.2%) and Kia (+20.6%) with higher volumes.
- The good performance of the Sandero (third best-selling car in Europe behind the Peugeot 208 and the Volkswagen Golf) actually masks the decline in sales of the brand's other models, such as the Duster, the Logan or the Lodgy, and above all the Renault Clio which is in the same B segment and which falls by 37% in 2022 compared to 2021, with a loss of 30,000 units. The Renault Clio moves from fourth place in Europe in 2021 to fourteenth in 2022.
- Dacia therefore bites on Renault's sales. And its range is still too limited to weigh more heavily on the European market (3.7% market share in 2022 against 5.0% for Renault, 4.7% for Hyundai and 5.3% for Kia). The new Duster should arrive in 2024 and the Bigster in 2025. As for the electric Spring imported from China, it has lower sales in Europe than the Tesla Model 3, Tesla Model Y, Fiat 500 e, Renault Zoé or Peugeot e- 208. In conclusion, the Dacia brand has monopolized a niche and is resisting in a world of expensive cars, but is unable to bring back customers put off by the high cost of today's vehicles, whether internal combustion or electric.
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Cupra wants to produce 500,000 cars by 2030
- 说明
Cupra wants to produce 500,000 cars by 2030
- The new Cupra brand created within the Volkswagen group has unveiled three new models which will be marketed in 2024 and 2025. According to the management of the company, these three models are 99% finalized.
- The first model which will be marketed from 2024, the Tavascan, is a 100% electric C-segment SUV which is derived from the Volkswagen ID5 and Skoda Enyaq coupé, whose positioning is intended to be more sporty. It will be produced in Martorell (Spain).
- The Cupra Terramar is a C/D segment SUV like the Volkswagen Tiguan, to which it is similar in terms of dimensions, since it is 4.50 m long. But given the "Sport" positioning of the Cupra brand, the Terramar will above all be a competitor to the Alfa-RoméoTonale and even the Maserati Grecale. It will be produced in Gyor (Hungary) alongside the Audi Q3.
- The Cupra Urban Rebel model is a small B-segment SUV (4.04 m long) which will represent Cupra's entry-level from 2025, the date of the marketing of this model derived from the future Volkswagen ID2 and Skoda as well. segment. Like the Cupra Born (C-segment) and Cupra Tavascan (C-segment), the Urban Rebel is a 100% electric model that will be positioned "Sport" compared to its counterparts from Volkswagen and Skoda. It will be produced in Martorell (Spain).
- The three new models should be produced at 300,000 units per year in total, out of 500,000 units planned in 2030 for all Cupra models. This volume is equivalent to what Seat has been selling each year for several years. This is also the maximum capacity of the Seat factory in Martorell (Spain).
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Toyota still believes in the A segment in Europe
- 说明
Toyota still believes in the A segment in Europe
- The A segment (the smallest and cheapest cars on the market) is in free fall in Europe. The number of different models produced in this region has increased from 15 in 2012 to 8 in 2022, which means that it has been halved in ten years, and Inovev predicts that there will be only 6 in 2023 and probably 4 in 2025.
- A-segment models recently removed from the European manufacturing program were the Peugeot 108, Citroën C1, Seat Mii and Skoda Citigo. The Smart Fortwo and Forfour will in turn be phased out over the next few weeks. As for the Renault Twingo and the Volkswagen Up, their fate is already sealed because they should be removed within the next two years, according to their manufacturer. Their replacements will be segment B electric cars (R5, ID2) and not segment A.
- There is a 50% drop in the production of segment A cars in Europe between 2016 (1.2 million vehicles produced) and 2022 (600,000 vehicles produced), due not to a drop in demand but to a scarcity of supply, the reason given by the manufacturers being the low profitability of this type of model. However, 20% of sales of segment A cars in Europe are in 100% electric versions, therefore at much higher prices. This 20% of electric versions represents double the proportion of sales of cars in other segments. There is therefore a real market for electric A-segment cars, but manufacturers seem to be losing interest in this demand. Toyota still believes in the A segment in Europe by launching the Aygo X, but this small car scheduled for 100,000 sales per year will not be available in a hybrid or electric version.
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