The third Lynk&Co model has been unveiled
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The third Lynk&Co model has been unveiled
- Geely unveiled the third model of the Lynk&Co brand, logically named 03. It is a C-segment three-box sedan that is reminiscent of the style of the latest Saab models.
- The Lynk&Co 01 and 02 unveiled last year were C-segment SUVs. With the launch of a three-box sedan, Geely naturally targets the American and Chinese markets, which are very fond of this type of body. In Europe, this model will be more difficult to sell, as three-box sedans are mainly the preserve of well-established Premium brands, such as Audi, BMW, Mercedes, Volvo, Jaguar and, in ther past, Saab.
- However, Geely has announced that it will produce all Lynk&Co models in Europe, in Volvo's Belgian factory in Ghent. Lynk&Co shares its CMA platform with the Volvo V40 and XC40 assembled in Ghent. The Lynk&Co vehicles will be on sale in Europe as of autumn 2019.
- They will only be marketed on the Internet since Geely has announced that there will be no dedicated dealerships for this specific brand, which is a risky choice, because the manufacturers who have chosen this strategy have not achieved the results they expected.
- Geely sold 120,000 Lynk&Co models in 2018, the first year of launch of the brand.
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Rivian seeks to compete with Tesla and Byton
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Rivian seeks to compete with Tesla and Byton
- Rivian is a new American company whose objective is to become a major manufacturer of 100% electric cars, just like Tesla or Byton. Rivian is headquartered in Michigan (USA) in the city of Plymouth (which once gave its name to a Chrysler Group brand). The company was founded in 2009 and in 2017 acquired the Normal, Illinois plant, which belonged to Japan's Mitsubishi Motors when it worked closely with the Chrysler Group. Rivian has R&D centers in California and England.
- In 2018, Rivian presented two 100% electric concept cars, the R1T pickup truck and the R1S SUV. The manufacturer has announced that these models will be launched in 2020, first in North America and then in 2021 on other continents, including Europe. Each model has three different powers (408 hp, 710 hp, 764 hp), allowing a maximum range of 400km, 500km or 600km depending on the power (cycle not specified)....
- Rivian is one of those new companies that are involved in the design, manufacture and marketing of electric cars, being particularly active in China. Rivian models will only be marketed via the Internet. The company is particularly targeting Tesla, which produced and sold 250,000 electric cars in 2018.
- The company has set a target of 200,000 units per year worldwide by 2025.
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Inovev forecasts 30,000 new Cadillac CT5 per year
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Inovev forecasts 30,000 new Cadillac CT5 per year
- At the New York Motor Show, the GM group unveiled the new Cadillac CT5 (E segment), which replaces the CTS and fits in the manufacturer's range between the ATS (D segment), which will give birth to the CT4 next year, and the CT6 (F segment), whose days are running out. The Cadillac CTS was launched in 2001 and renewed in 2007 and 2013. Its success was relative and above all unsustainable since its worldwide sales fell from 85,000 units in 2008 to 40,000 in 2009, 25,000 in 2013 and 10,000 in 2018. This collapse in CTS sales is typical of mid-range sedans in the U.S. market, but at Cadillac, it has taken on the form of a rout. Cadillac, whose sedans were very popular in the 1960s and 1970s, is probably no longer credible in this category of vehicles. This is regrettable because the GM group's luxury brand is increasingly marginalizing itself against the Premium, German, Japanese, Swedish and British brands. The same situation can be observed at Lincoln, the Ford group's luxury brand.
- The Cadillac CT5 will try to boost the manufacturer's sales. Inovev forecasts a sales volume of 30,000 units per year, three times higher than the CTS volume in 2018, but much lower than the CTS volume in the years before 2013. The CT5 will be manufactured at GM's Lansing, Michigan facility. Based on the GM Alpha platform (Cadillac ATS), the CT5 will be equipped with a 2.0 turbo petrol, and a 3.0 twin-turbo petrol V6 engine.
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The Renault factory in Algeria produced 68,196 cars in 2018
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The Renault factory in Algeria produced 68,196 cars in 2018
- Renault set up an assembly plant in Algeria, near Oran, at the end of 2014, following the Algerian government's decision to stop importing new cars, for which Renault was the leader. This plant is 49% owned by Renault, 34% by SNVI and 17% by the National Investment Fund (FNI). It just produced its 200,000th car on March 15, 2019, in four and a half years. It's a Clio IV. This model has been produced in this plant since 2018. It completes the manufacturer's offer, which until then consisted of the Renault Symbol (a redesigned Dacia Logan) and the Dacia Sandero (the Stepway version) for the local market.
- The plant's total production reached 68,196 units in 2018, compared with 60,646 units in 2017, 42,036 in 2016 and 19,419 in 2015. This steady increase in production rates corresponds to the increase in demand on the Algerian market, which is now supplied solely by locally assembled vehicles, as requested by the Algerian government.
- The production capacity of the Renault plant in Oran (which is now the largest in the country) has increased from 25,000 units per year in 2015 to 50,000 in 2016, then 75,000 in 2017 and should reach 100,000 units in 2020.
-The manufacturer's objective is to produce more than 150,000 vehicles per year by 2025, thanks to the opening of its CKD (Complete Knock Down) assembly plant, which should assemble new models from next year.
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Opel will return to Russia
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Opel will return to Russia
- The former European subsidiaries of the American group General-Motors, Opel and Vauxhall, were acquired by the French group PSA in the summer of 2017. In 2015, while still part of the GM group, Opel and Vauxhall withdrew from the Russian market following the American manufacturer's decision to stop sales of all GM group brands there.
- Opel sold nearly 700,000 cars in Russia between 2005 and 2015, which corresponds roughly to the volume of the brand's current fleet in that country, with the peak sales reached in 2008, with 102,000 sales.
- The PSA group, owner of the Opel brand since 2017, considers that these 700,000 cars will have to be replaced in the coming years, and that it is therefore appropriate to re-enter this market in order to try to capture most of these replacements and attract another segment of Russian customers who have never bought Opel models before.
- The new models on the Russian market at the end of 2019 will be the Grandland (C segment SUV ), Vivaro (N1-2 segment LCV ) and Zafira Life (new name of the PC version of Vivaro ), all of PSA origin.
- Other Opel PSA models will be added in the future, but the current GM models (Corsa, Astra, Insignia) will not be available on the Russian market. The Grandland sold in Russia will be manufactured in Germany (in the Eisenach plant), while the Vivaro and Zafira Life will be produced in Russia, in the PSA-Mitsubishi plant in Kaluga.
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