European exports fell to 5.4 million vehicles in 2018
- 说明
European exports fell to 5.4 million vehicles in 2018
- European exports of vehicles from the European Union to outside Europe decreased from 5.6 million units in 2017 to 5.4 million units in 2018. This 3.6% decrease is mainly due to the decline in registrations in many foreign markets. Notwithstanding , these exports account for nearly 30% of European automotive production each year.
- In 2018, the United States remained the leading market for European exports, with 1.15 million vehicles in 2018 (-1.8% compared to 2017), ahead of China with 545,000 vehicles (-5.3%), Turkey with 291,000 vehicles (-37.6%) and Switzerland with 254,000 vehicles (-4.9%). These four countries alone account for more than 40% of European exports.
- The future of European exports seems uncertain because the United States threatens to overtax European cars sold on its territory. As a result, European exports to the United States are likely to collapse in the coming years if these taxes are introduced, even though the United States accounts for more than 20% of European exports.
- Imports into the European Union increased sharply in 2018 (+9.3%), to 3.65 million units, compared with 3.34 million units. The top three importing countries were Turkey (785,000 units; -0.6%), Japan (683,000 units; +6.0%) and South Korea (540,000 units; +4.2%).
Contact us: info@inovev.com
阅读全文... European exports fell to 5.4 million vehicles in 2018
Volkswagen creates the Jetta brand for the Chinese market
- 说明
Volkswagen creates the Jetta brand for the Chinese market
- The Chinese market accounts for 39% of the Volkswagen Group's worldwide sales, or more than 4 million units last year, the same number as its sales in Europe. The Volkswagen group remains the leader in these two major markets.
- It is crucial for the manufacturer to consolidate its leading position on the Chinese market, which is starting to run out of steam and will gradually switch to electricity at the request of the Chinese government. The Volkswagen group, which, like all other automakers, is subject to the quotas imposed by the Chinese government, must sell an equivalent of 10% of its models in 2018 in hybrid or electric versions. That is why last year the Volkswagen group created the SOL brand, which will be dedicated to hybrid and electric cars sold on Chinese soil.
- In 2019, the German manufacturer created a new brand, JETTA, again for the Chinese market, but this time to reach the less motorized regions of China. The manufacturer believes that the future of the Chinese market is being determined in these under-powered regions. JETTA will therefore be a low-cost brand, whose models will be manufactured by its Chinese partner FAW in Chengdu. The name JETTA was chosen because, according to the manufacturer, it is one of the most well known models on the market since its introduction in the early 1990s. This move is reminiscent of PSA's strategy, which recently created the Fukang brand for the Chinese market, Fukang being the name of one of the group's most popular models in China.
Contact us: info@inovev.com
阅读全文... Volkswagen creates the Jetta brand for the Chinese market
Australian Automotive PC +LCV 2018 Market Review
- 说明
Australian Automotive PC +LCV 2018 Market Review
- The Australian automotive market (PC+LCV) declined by 3.5% in 2018 to 1,112,000 units from 1,152,000 in 2017. The peak of 2016 (1,178,000 units) is unlikely to be reached for several years, as 2019 is expected to be a poor year due to the slowdown in global economic growth.
- For the first time in its history, the Australian automotive market was entirely driven by imports from abroad, as the last factories in the country closed in 2017.
- This strategy is the opposite of the one used in a country like Algeria where imports have been stopped in order to set up several automobile plants in the country. In Australia, car manufacturers have decided to leave the country to focus on imports from foreign countries.
- In this context, the Toyota group remains the leader in the Australian market in 2018, even if it no longer produces anything in the country. With its Hilux (52,000 sales) and Corolla (35,000 sales) models in the top 3, the Toyota group has a 20.8% share of the Australian market. Next come the Hyundai-Kia groups (13.8% of the market) and Renault-Nissan (13.7%). The American groups Ford and GM, formerly leaders in the Australian market, are in sixth and seventh place this year, with a combined market share that does not even reach 12%.
Contact us: info@inovev.com
Worldwide Daimler Group 2018 Market Review
- 说明
Worldwide Daimler Group 2018 Market Review
- The Daimler Group (Mercedes, Smart) has published its sales figures for 2018. Its worldwide sales amount to 2.44 million vehicles, an increase of 0.5% compared to 2017. Daimler remains the twelfth largest manufacturer of light vehicles in the world, behind BMW and ahead of Geely. Including heavy goods vehicles (517,000 units), Daimler is the eleventh largest manufacturer in the world, behind Suzuki and ahead of BMW.
- The Daimler Group's worldwide sales in 2018 can be broken down as follows:
1. Europe is its largest market, with 934,000 vehicles, which is 38% of its worldwide sales.
2. China is its second largest market, with 653,000 vehicles, and 27% of its worldwide sales.
3. The United States is its third largest market, with 355,000 vehicles, 15% of its worldwide sales.
- These three markets make up 80% of Daimler Group's worldwide sales in 2018, which break down into 2.31 million Mercedes-branded vehicles (+0.9%), 130,000 Smart branded vehicles (-4.6%).
- The Daimler Group's best-selling models in 2018 are the C-Class (397,000 units), E-Class (365,000 units) and GLC (352,000 units).
C-segment models (A-Class, B-Class, CLA, GLA) exceeded 600,000 sales.
C-segment models (A-Class, B-Class, CLA, GLA) exceeded 600,000 sales.
- The Mercedes brand remains the world's leading Premium brand in terms of sales, ahead of BMW and Audi.
Contact us: info@inovev.com
South African Automotive PC+LCV 2018 Market Review
- 说明
South African Automotive PC+LCV 2018 Market Review
- The South African car market (PC+LCV) was almost stable in 2018, with registrations falling by 1.1% to 525,000 units from 531,000 in 2017. The South African market remains far from its record years , particularly 2006 (714,000 units) or even 2013 (620,000 units).
- With the slowdown in global economic growth, the South African automotive market is expected to continue to decline to less than 500,000 units in 2019.
- While Australia imports all its new vehicles from foreign countries, South Africa has a local automotive industry, with 580,000 vehicles leaving its factories in 2018 (compared to 550,000 in 2017), and almost all of the country's registrations are supplied by this local production. Seven factories supply the local market. They are owned by Toyota, Volkswagen, Renault-Nissan, GM, Ford, Daimler, BMW, and account for 90% of sales in South Africa.
- The market leader remains the Toyota group with its Hilux (40,000 sales) and Corolla (17,000 sales) models, a situation like that of Australia. The Toyota group has a 25.2% share of the South African market. Next come the Volkswagen (18.1% of the market) and Renault-Nissan (15.3%) groups. The American groups Ford and GM, formerly leaders in the South Africa , are falling behind. GM even abandoned this market last year.
Contact us: info@inovev.com