Inovev forecasts 15,000 units per year of the Cupra Formentor
Cupra was until now the sport range of the Spanish brand Seat, but since the beginning of this year the name has become a brand in its own from the Volkswagen Group, even though it is closely linked to the Seat brand. The creation of a new brand is always a risky exercise because creating an unknown brand in a market of well-known brands, each of them having an image and a reputation, is a gamble that few carmakers want to attempt.

The strategy of creating a Cupra brand is a reminiscence of the creation of the Polestar brand from sporty versions of Volvo. But while Polestar is now in the category of plug-in electric cars (BEV and PHEV), the Cupra brand remains in the technology of thermal engines.

The Formentor SUV (C-segment) is presented as the first 100% model of the Cupra brand. Closely derived from the Seat Leon sedan showed a few months ago, the Formentor claims its position as a sports car within the Volkswagen group (2.0 TSI engine of 310 hp).

With a height of 1.51 m, the Formentor SUV is taller than the Leon by 5 cm but is 9 cm lower than the Seat Ateca which is the C-segment SUV of the Seat brand. Its length is 4.45 m, which is 8 cm longer than a Seat Leon.

The CupraFormentor will be produced at the Martorell plant (Spain), alongside Seat models, but Inovev does not forecast more than 15,000 units sold per year, due to a relatively high-end price positioning.


    
 

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Inovev forecasts 50,000 units per year of the new Tata Altroz
Tata Motors is one of the main Indian carmakers, with Maruti (Suzuki) and Mahindra. Its production is more focused on utility vehicles (more than half of its total production carried out in India in recent years) than on passenger cars.

In this context, Tata Motors' range of passenger cars remains very limited, compared to its two main competitors in the Indian market, Maruti and Hyundai. In 2020, the Tata catalogue consists of the Tiago sedan in the A segment, the Tigor sedan in the B segment, the Nexon SUV in the B segment and the Harrier SUV in the D segment. Added this year the Altroz which is a B segment sedan intended to replace the Tigor.

Tata Motors reached its peak production in 2011 with nearly 900,000 vehicles produced in India, but production volume fell to 500,000 units per year between 2014 and 2017, before rising to 600,000 in 2018 and then falling back to 550,000 in 2019.

This evolution can be explained by the unsuccessful successive models, first the Bolt and Zest, then the Tiago and Tigor. These two series having failed to do better than the old Indica and Indigo (1998- 2017). The failure of the Tata Nano (2009-2018) also greatly affected the Indian carmaker. The only satisfaction was the Jaguar Land Rover division acquired in 2008 which increased its influence around the world until 2017, but since that date this division has also suffered a sharp drop in sales.

At the current rate, the Tata Altroz is expected to be produced at 50,000 units per year, which will not be enough to relaunch the brand.


 
 
    
 

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Inovev forecasts 70,000 units per year of the Volkswagen ID4
After ID3, Volkswagen has unveiled its second battery electric vehicle (BEV) based on its new MEB platform. This is an SUV named ID4 which will be produced alongside the ID3 at the Zwickau plant (Germany). Transformed in 2019 into a 100% electric car plant, it can produce up to 200,000 vehicles per year, under the different Volkswagen, Seat, Skoda and maybe even Audi brands.

The ID4 is much more bigger than the ID3, as it measures 4.58m long, 1.85m wide and 1.63m high instead of 4.26m, 1.80m and 1.55m respectively for the ID3. The weight of the ID4 is also much heavier, reaching 2 125 kilograms, which represents an increase of 300 kilograms compared to an ID3. While ID3 targets Golf customers, ID4 targets Tiguan customers. It is therefore a model marketed between the C and D segments.

The price is related to the positioning: 48,000 euros for the basic version (400 km of autonomy) and 58,000 euros for the most expensive version (500 km of autonomy), while an ID3 starts at 38,000 euros (400 km of autonomy). A Skoda Enyaqstarts at 40,800 euros in its basic version (400 km of autonomy) and 47,300 euros in its most expensive version (500 km of autonomy). And an even cheaper version of the Enyaq (340 km of range) will be launched next year, priced at a Volkswagen ID3 price level.

Competition will therefore be fierce between the different models based on the MEB platform. And we can expect that the future Volkswagen ID5 will be even more expensive than the ID4, probably sold for over 50,000 euros in the basic version. In this context of intense competition, Inovev forecasts 70,000 sales per year of the Volkswagen ID4.


    
 

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Inovev plans 150,000 units per year of the Toyota Yaris Cross
Toyota recently unveiled the SUV version of its Yaris sedan launched earlier this year: the Yaris Cross. This new model will be marketed in Europe from summer 2021 but has already started in Japan, where it is produced at the local Ohira plant. For the European market, the Yaris Cross will be produced at the French plant of Onnaing, near Valenciennes, alongside the Yaris sedan which does not share any body parts with the Yaris Cross. This decision made necessary an increase of the French plant production capacity, which will now be able to produce up to 300,000 vehicles per year, half of which are Yaris and the other half are Yaris Cross.

The Toyota Yaris Cross will be available in thermal and hybrid versions, in both cases it will be a three-cylinder 1.5 petrol engine. In addition, the carmaker will leave the choice between a version with two-wheel drive (at the front) and a four-wheel drive. A battery electric (BEV) version is not planned.

In Toyota's European product range, the Yaris Cross is marketed as a B-segment SUV, competing with the Renault Captur, Peugeot 2008, Opel Mokka, Volkswagen T-Cross, Skoda Kamiq, Seat Arona, Ford Puma and Fiat 500X.

At 4.18 m long, it is 8 cm shorter than the Toyota CHR and 23 cm longer than the Yaris sedan. Actually, the Yaris Cross should take more customers to the CHR than the Yaris, given its positioning. The CHR benefits however from more powerful engines (1.8 and 2.0 hybrids). The price of the Yaris Cross should be between those of the Yaris (€ 20,000) and the CHR (€ 30,000).


    
 

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Tesla plans to start production in Berlin in the second half of 2021
Tesla has confirmed the start of production of battery electric vehicles (BEV) at its new European plant in Berlin in the second half of 2021. This production, which will be exclusively dedicated to the European market, should therefore reach a regular rate from 2022, and slowly increase until 2030. The models initially produced will be the Model 3 (D-segment sedan) and Model Y (D-segment SUV).

The production capacity of this plant is set at 150,000 vehicles per year, but a second production capacity of 150,000 vehicles per year could be added depending on the success of future Tesla models on the European market and depending on the effective development of the electric car market in Europe.

In 2019, Tesla sold 111,714 vehicles in Europe, including 95,247 Model 3, 8,810 Model S and 7,657 Model X. In the first eight months of 2020, the California-based electric car maker sold 46,800 vehicles, including 38 024 Model 3, 4,703 Model S and 4,070 Model X.

The Model Y has not yet started marketing in Europe. This new model, which completes the Tesla range, will be 10 cm longer than the Model 3 (ie 4.78 m), 18 cm higher (ie 1.60 m) and 10,000 euros more expensive. It should therefore logically achieve fewer sales than the Model 3, even if the share of SUVs in Europe is currently 40%. As a result, Tesla can expect to produce 80,000 Model 3 and 70,000 Model Y (or even 90,000 Model 3 and 60,000 Model Y) per year in its future plant in Berlin and quickly reaching its maximum capacities.


    
 

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