Inovev forecasts 400,000 units per year worldwide of the new Suzuki Swift
Suzuki has just presented the fourth generation of the Swift, a B segment (thermal) sedan, which is one of the carmaker's best-selling models, with 365,000 units sold in 2023, or 12% of Suzuki's global sales. The Suzuki Swift has been produced since 2011 in Japan (for the Japanese market) as well as in India for the Indian and European markets (Production in Hungary ceased in 2017). In China, Suzuki sales declined until they disappeared in 2023. In the United States, the Suzuki Swift did not meet demand and the carmaker very quickly gave up selling it. In Europe, the Suzuki Swift is still sold and its production is carried out in India.
 
In 2024, with the launch of the new generation, the Suzuki Swift will be produced only in India and Japan. Inovev forecasts 400,000 sales per year worldwide, thanks mainly to the development of the Indian market (275,000 units produced in India and 125,000 in Japan). Exports to Europe (only from India) are expected to remain stable (40,000 units per year), due to significant competition in the B segment.
 
The new Suzuki Swift has the dimensions of the old generation (3.86 m long, 1.74 m wide and 1.50 m high). Note that the Japanese version is 5 cm narrower for tax reasons and it will therefore be the Indian version which will be exported to Europe. The engines are evolving since Suzuki replaces its four-cylinder with a three-cylinder but the displacement does not change (1,197 cm3). Its power reaches 82 hp compared to 83 hp previously. The engine is using a micro-hybrid technology with the addition of an electric alternator-starter on a 12 V circuit, a rare occurrence at a time when most micro-hybrids are switching to 48 V.
Stellantis confirms the launch of the STLA Large platform in 2024
The Stellantis group communicated last year on the rationalization of its platforms (at the global level) into four distinct and electrified families (mixed thermal/electric): STLA Small (segment B), STLA Medium (segment C), STLA Large ( segments D and E), STLA Frame (pick-up and large SUV).
 
After the launch in 2023 of its mid-range STLA Medium platform (C segment) inaugurated by the Peugeot 3008 SUV and which will be used on other models, such as the future Citroën C5 Aircross, DS 7 or Opel Grandland, the Stellantis group will launch in 2024 – as planned – the high-end STLA Large platform for the carmaker's largest models (D and E segments). However, this platform will not equip the pick-ups and SUVs derived from pick-ups, which will use the STLA Frame instead.
 
The eight models that will use this new platform will be badged Chrysler, Dodge, Jeep (for North America) and Alfa-Romeo, Maserati (for Europe). The STLA Large platform will be used on three Jeep models, two Dodge models and one Chrysler model. To this total must be added a specific Alfa-Romeo model and a Maserati model. These models will be marketed in a battery electric version (BEV), in a plug-in hybrid version (PHEV) and/or in a thermal version.
 
We can presume that the entire American range will gradually switch to the new STLA Large platform, apart from the Ram pick-up and its SUV derivatives (Dodge Durango, Jeep Wagoneer) which will use a fourth dedicated platform called STLA Frame.
 
The factories which will produce these models are known: Windsor (Canada) where the Chrysler 300, Dodge Charger, Dodge Challenger are produced and Cassino (Italy) where the Alfa Giulia and Stelvio are produced.
European automobile production increased by 9% in 2023
European automobile production (29 countries: EU minus Malta + UK + Norway + Switzerland) increased by 9% in 2023, to 14.24 million vehicles (VP+LUV), compared to 13.04 million in 2022. This is a good performance but firstly, global automobile production has increased more and secondly this catch-up is only very partial, since the volume of production in Europe had reached 18.36 million in 2017, 17 .99 million in 2018 and 17.70 million in 2019.
 
The years 2020, 2021 and 2022 saw European production reach the lowest level in decades: 13.39 million in 2020, 13.08 million in 2021 and 13.04 million in 2022. The missed sales volume during these years can be estimated to more than 12 million vehicles in total (including almost a million on the Russian market following the European withdrawal).
 
The recovery recorded in 2023 is explained above all by the rebound in the European light vehicles market (PC+LUV), of around 14%, but the increase of Chinese, Japan and Korean imports have limited the growth of the European production which was not offset by the volume of exports to China or the United States.
 
Germany remains the leading European producing country (4.3 million vehicles), ahead of Spain (2.2 million), France (1.4 million), the Czech Republic (1.2 million), the United Kingdom United (million) and Slovakia (1.0 million).
 
If France remains the third European producing country, it is mainly thanks to the assembly of light utility vehicles which represent 35% of its production volume and even more than 75% at Renault!
Review of European exports and imports in 2021 by country
According to ACEA, European automotive exports to outside the European Union stalled in 2021, with a volume of 5,078,894 units (compared to 5,102,708 units in 2020 and 6,154,663 in 2019) representing a decrease of 0.5% compared to 2020 and 17.5% compared to 2019. Note that the ACEA now counts the United Kingdom as a country outside the European Union (as it should ) and therefore destination country for European exports.
Also according to ACEA, automobile imports from outside the European Union increased slightly, with a volume of 3,097,550 units (compared to 3,057,873 units in 2020), representing an increase of 1.3% .
The 10 main destination countries for European exports in 2021 are as follows: The United Kingdom (980,362 units), the United States (648,127 units), China (410,917 units), Turkey (317,128 units ), Switzerland (204,444 units), Ukraine (209,733 units), Japan (177,224 units), South Korea (146,515 units), Norway (122,860 units) and Serbia (122,001 units). Note that Russia is no longer among the top 10 export countries.
The 10 main countries of origin of European imports in 2021 are as follows: Turkey (458,769 units), China (435,080 units), Japan (401,276 units), United Kingdom (393,410 units) , South Korea (377,404 units), the United States (308,506 units), Morocco (270,977 units), Mexico (178,267 units), South Africa (93,483 units) and Switzerland (53,966 units). Switzerland does not produce cars but it is a transit region for export.
 
   
 

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Vinfast sold 35,000 BEVs in 2023
The Vietnamese carmaker Vinfast sold 34,855 BEVs worldwide in 2023 while its official target was 50,000 units. This relative failure is due – according to the carmaker – to a difficult economic context and the disinterest of customers in certain countries for battery electric vehicles. Inovev can add that Vinfast is a brand still unknown in many countries and that competition is tough in many countries on the battery electric car market, such as in China, Europe or the United States.
 
The carmaker Vinfast was created in 2017 and aims to compete with the leaders in BEV market as Tesla and BYD. But the Vietnamese brand is still far from reaching the sales volume of these two leaders, since Tesla produced 1.81 million BEVs last year and BYD just over 3 million BEVs and PHEVs.
 
The carmaker objectives are, however, ambitious, since its manager has announced that he wants to sell 1 million electric vehicles by 2030. To do this, Vinfast has announced the development of its sales network on American soil and on European soil, but also advanced discussions concerning the construction of a battery electric car assembly plant in India (150,000 units of capacity) and another in Indonesia (50,000 units of capacity). The objective is to go from a capacity of 300,000 units today to 500,000 from 2026.
 
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