Volvo launches its very first minivan
- 说明
Volvo launches its very first minivan
- While the minivan (MPV) market is gradually disappearing in Europe and the United States (150,000 sales in Europe in 2022 compared to 2,300,000 in 2006 and 250,000 sales in the USA in 2022 compared to 1,300,000 in 2006), and it has also fallen significantly in China, going from 2,300,000 in 2016 to just under 1,000,000 in 2022, the carmaker Volvo (a subsidiary of Geely) is launching its very first minivan in 2023.
- Volvo had been known since the 1960s for its large station wagons and had never marketed MVPs. Since its integration into the Chinese group Geely, Volvo has gained a small market share in China (nearly 1%), a country which – as we have seen – still appreciates MPVs and especially the large ones. Indeed, these vehicles are often used by companies for their employees or partners journeys.
- The new Volvo EM90 minivan is therefore basically a pure Geely product intended mainly for the Chinese market. Indeed, the vehicle uses the SEA (Sustainable Electric Architecture) platform and the body of the Zeekr 009 minivan, the Zeekr brand being part of the Geely group.
- The Volvo EM90 is therefore a battery electric vehicle which measures 5.21 m long by 2.02 m wide and 1.86 m high, and weighs nearly 2.8 tonnes, like the Zeekr 009. The Volvo is however less powerful than the Zeekr 009, the Zeekr brand being at the very top of the hierarchy of Geely group brands. The Volvo EM90 is equipped with a 200 kW or 272 hp electric motor (400 kW or 544 hp on the Zeekr) and by a 116 kWh batteries.
Inovev forecasts 200,000 units per year of the new Dacia Duster
- 说明
Inovev forecasts 200,000 units per year of the new Dacia Duster
- Dacia (Renault group) presented the third generation of its C-segment SUV, the Duster, whose origins date back to 2010. This model immediately met a real success thanks to its low pricing. The first generation of the Duster as sold at more than 150,000 units as early as 2011, while the second generation almost doubled that figure, with nearly 300,000 units in 2019 (just two years after its launch). Since 2019, the Duster has fallen to 200,000 units per year. This is why the model is being replaced in 2024.
- The new Duster modernizes its design, with some aesthetic details that make it look like a Japanese or Korean SUV. Regarding the platform, the new Duster changes era, thanks to the use of the CMF-B platform – as on the Dacia Logan, Jogger and Sandero – this platform being also used by the Renault Clio, Captur and Arkana (but with different materials applications).
- The new Duster keeps the same length (4.34 m) as the previous one, but it should be noted that it will be available from 2025 in a 7-seater version named Bigster and which will reach 4.60 m.
- The new Duster will be equipped for the first time with the 3-cylinder 1.2 petrol with 48V mild hybridization of 130 hp already, also used in the Renault Austral and Espace. The diesel engine is ousted but the LPG version remains. No battery electric version.
- The new Duster will, as before, be produced exclusively at the Pitesti site in Romania. Inovev forecasts 200,000 units per year between 2024 and 2030. It is possible that this will be the last version of the Duster with a thermal engine.
Chinese carmakers got 7.5% of the South American market in 2022
- 说明
Chinese carmakers got 7.5% of the South American market in 2022
- Sales of light vehicles (passenger cars and light utility vehicles) in nine South American countries (Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Uruguay, Bolivia and Paraguay) increased by 1.9% in 2022 compared to 2021 to reach 3.66 million units. Even though sales improved for the second year in a row, demand remained below the pre-coronavirus level of more than 4 million units.
- While sales in eight countries exceeded the previous year's results, a decline in Brazil, South America's largest market, dampened overall market growth. For the full year 2023, it is possible that sales will exceed 4 million units for the first time in four years due to economic recovery and improvement in the product supply system.
- Regarding sales by origin in 2022, European carmakers, which are strong in Brazil, increased their sales by 0.7% year-on-year, to 1.54 million units. Japanese carmakers come in second with 737,000 units, a decrease of 2%, followed by American carmakers with 700,000 units, an increase of 4.6%, and Korean carmakers with 343,000 units, an increase of 4.6%.
- Chinese automakers, which are launching low-cost cars in South America, increased sales by 16.7% year-on-year to 275,000 units, continuing to expand their market share, up 1 point to 7.5%. If we examine the market share of Chinese brands by country, it increased to 32% in Ecuador, 26% in Chile, 23% in Peru, 22% in Bolivia (the less wealthy countries in the region) compared to 1. 7% in Brazil and 0.6% in Argentina.
Chile now buys more new vehicles than Argentina
- 说明
Chile now buys more new vehicles than Argentina
- Chile is populated by 19.2 million inhabitants while Argentina is populated by 46.1 million inhabitants. Until 2020, Argentina bought more new vehicles (passenger cars and utility vehicles) than Chile, which seemed normal as this country is twice as populated as Chile. But since 2021, Chile has purchased more new vehicles than Argentina, which suggests the extent of the economic crisis currently gripping Argentina.
- In 2021, Chile purchased 434,347 vehicles compared to 370,357 units for Argentina, becoming the second largest market in South America behind Brazil (2,119,851 vehicles). In 2022, vehicle sales in Chile reached 445,937 units compared to 395,540 units in Argentina.
- In addition to this performance, Chile is the country in South America where the most Chinese brand vehicles are sold (116,668 units in 2022, which is much more than the other countries in the region: 44,577 units in Ecuador, 40,850 in Peru, 35,033 in Brazil, 18,766 in Colombia, 9,719 in Bolivia, 5,491 in Uruguay, 2,525 in Argentina and 1,753 in Paraguay). The 116,668 Chinese cars sold in Chile in 2022 already represent 26% of the Chilean market and 42% of all Chinese cars sold in South America (275,382 units).
China purchased 13 million Thermal over 10 months 2023
- 说明
China purchased 13 million Thermal over 10 months 2023
- Over the first 10 months of 2023, the world purchased more than 60 million “Non-Electrified” passenger cars (vehicles excluding BEV, PHEV and FHEV but including MHEV), including 31 million in China alone, in Europe and the United States. These three countries therefore represent a little more than half of the “Non-Electrified” passenger cars sold worldwide.
- China purchased 13 million over the first 10 months of 2023 compared to 13.5 million over the first 10 months of 2022 and 14 million over the first 10 months of 2021. Their number is decreasing from year to year, but only slightly. “Non-Electrified” vehicles represent 64% of the Chinese PC market this year compared to 69.3% in 2022 and 81.5% in 2021. China is the world’s leading “Non-Electrified” market in 2023, as in 2022 and 2021, representing this year 22% of global sales of “Non-Electrified”.
- Europe (EU + UK + Norway + Switzerland) purchased 7.4 million “Non-Electrified” units over the first 10 months of 2023, compared to 6.6 million over the first 10 months of 2022 and 7.7 million over the first 10 months of 2021. Sales of “Non-Electrified” vehicles therefore increased between 2022 and 2023. “Non-Electrified” vehicles represent 69% of the European PC market this year compared to 69.7% in 2022 and 75.2 % in 2021.
- The United States, for its part, purchased 10.5 million “Non-Electrified” units over the first 10 months of 2023, compared to 10 million over the first 10 months of 2022 and 11.5 million over the first 10 months of 2021. “Non-Electrified” represent 82.7% of the US market this year compared to 87.2% in 2022 and 90.6% in 2021. As in Europe, the sales decline of “Non-Electrified” slows down in 2023, due to the revival of the markets.