说明

发表于 2021年7月28日

• Production

Global automobile production of light vehicles over the first five months of 2021 (1/2)

- The volume of global production of light vehicles (PCs + LUVs) over the first five months of 2021 shows an increase of 35.5% compared to the first five months of 2020 but a decrease of 12% compared to the first five months of 2019. The comparison with 2019 is more significant because the year 2020 was strongly disrupted by the Covid-19 crisis which resulted in the closure of automobile factories and dealerships.

- This drop of 12% compared to 2019 is greater than that for registrations (-5.1%), proving that stocks continue to decrease in 2021, like in 2020. To avoid excessively long delivery times, some carmakers drive part of their customers to recent used vehicles.

- It should be noted that the production of passenger cars (PCs) fell by 14.9% over the first five months of 2021 while the production of light utility vehicles (LUVs) increased by 0.7%, reflecting a clear difference in the demand for these two types of vehicles. LUVs represent 21.7% of global production in 2021, compared to 20.8% in 2020 and 19% in 2019, with SUVs and minivans being integrated into passenger cars.

- China's share of global automotive production continues to increase, rising from 31% over 4 months 2021 to 33% over 5 months 2021. This growth comes at the expense of Europe and Japan.

    

 

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说明

发表于 2021年7月15日

• China
• Registrations
• Asia

BEV and PHEV in Chinese and European markets by segment

- The distribution of battery electric (BEV) and plug-in hybrid (PHEV) vehicles is very different in China and in Europe. In 2020, of the 995,397 BEVs sold in China, most of them were from the A-segments (313,487 units, or 31% of the Chinese BEV market) and D-segment (380,945 units, or 38% of the Chinese BEV market), when in Europe, with 726,245 BEVs sold in 2020, most of them were in D-segment (201,642 units, or 28% of the European BEV market) and E-segment (146,009 units, or 20% of the European market of BEVs). The Chinese BEV market is therefore focused on the entry-level (like the WulingHongGuang EV) and on the mid-range, while in Europe it is concentrated on the mid-range and on the upper segment.

- There is therefore an entry-level BEV market that could be targeted in Europe, which is already the case by the Chinese carmakers in their home market. If European carmakers do not work on this market with an offer at the right price, Chinese carmakers may see here an opportunity for development outside their local market.

- Regarding PHEVs, we observe the opposite phenomenon. The entry-level Chinese market does not exist, while Europe accounts for 61% of the PHEV market with segments B and C (389,420 units). The C segment alone represents 33% of PHEV sales in Europe (210,670 units), while in China, 59% of PHEV sales are in the D segment. By adding the E segment, we obtain 75% of the Chinese PHEVs market (209,015 units out of 276,561 total sales). The European PHEV market reached 638,568 units in 2020, or 2.3 times the volume of PHEVs registered in China.

    

 

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说明

发表于 2021年7月28日

• Production

Global automobile production of light vehicles over the first five months of 2021 (2/2)

- Since 2010 (see graph below), the first year post global financial crisis, the global production volume of light vehicles (PC + LUV) had not stopped growing until 2019. The monthly rate of seasonality was respected - very high March and September and very low August. From a monthly rate of 6 to 7 million units from 2010 to 2013 then from 7 to 8 million from 2013 to 2016, then finally from 7 to 9 million from 2016 to 2019, the monthly rate fell to 7 million then 5 million in 2020, at the start of the Covid-19 crisis, then 3 million at the height of the crisis. Since then, the global rate has risen to 6-8 million per month, but we are still quite far from the rate from 2016 to 2019.

- The ranking by carmakers over 4 months (the results over 5 months are not yet known) shows some changes. The biggest change is the decline of the GM group (ex-world leading group) which falls to sixth place, behind Stellantis and Hyundai-Kia. The Ford group is moving away from the Honda group which it was ahead of three years ago and which it largely overpassed before 2018.

- The Suzuki group is making a comeback, making a significant gap with its pursuers Mercedes (ex-Daimler) and BMW, thanks to the revamp of the Indian market in which it is a leader. A revamp that also benefits to Tata Motors which returns in 2021 in the Top 15.

    

 

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说明

发表于 2021年7月15日

• Production
• Portugal
• Spain
• Stellantis

The distribution of LUVs assembled in Vigo and Mangualde

- The Stellantis group has made Citroën Berlingo and Peugeot Partner / Rifterlight utility vehicles into genuine multi-brand vehicles. Indeed, after PSA purchased Opel in 2017, the Opel Combo swapped its Fiat Doblo plateform and body for the Berlingo and Partner one. Then an agreement between PSA and Toyota allowed the Japanese to market the ProAce City which uses the same body as for the Berlingo/Partner/Combo. And after the merger of PSA and FCA, the next generation of the Fiat Doblo (the current generation dates from 2010) should also use the same body used by the Berlingo/Partner/Combo/ProAce City.

- Already and even without the next Doblo, the production plants in Vigo (Spain) and Mangualde (Portugal) are running at full capacity with the production of Citroën Berlingo, Peugeot Partner, Opel Combo and Toyota ProAce City.

- In 2020, this family of models was produced at 371,113 units, spread over two plants: 303,367 in Vigo and 67,746 in Mangualde. All models except the Toyota are produced in both Vigo and Mangualde. The breakdown by model in 2020 across the two Vigo and Mangualdeplants is as follows: 157,286 Citroën Berlingo, 129,826 Peugeot Partner / Rifter, 65,289 Opel Combo and 18,712 Toyota ProAce City.

- In the first 4 months of 2021, Stellantis produced 49,592 Citroën Berlingo, 41,471 Peugeot Partner / Rifter, 26,445 Opel Combo and 11,473 Toyota ProAce City, or 128,981 units in total, representing an annual rate of 375,000 units. This family of models therefore represents 20% of all LUVs of all brands sold in Europe in 2020 and 2021, which is considerable.

    

 

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