Passenger Cars
Total Page:16
File Type:pdf, Size:1020Kb
PASSENGER CARS Overall Trends 1 Introduction 2 Production, Sales, and Exports With successive announcements of bans on sales of 2. 1. State of Production in Leading Manufacturing new gasoline and diesel vehicles starting in 2040 made Countries by France and the UK, the 2017 global automotive mar- Table 1 shows passenger car production in leading ket accelerated its shift toward electrification. At the manufacturing countries. Overall production was 73.45 same time, cross-industry partnerships were formed in million vehicles, or 101% of the previous year. By coun- fields such as electric vehicles (EVs), connectivity, and try, strong production of light-duty- and mini-vehicles in automated driving. Japan resulted in 8.34 million vehicles, representing 106% The North American market saw a significant decline of the previous year. In the U.S. production continued to in sales of passenger vehicles, but sales of light-duty decrease and was limited to 3.03 million vehicles, which trucks remained strong. Total sales including the light- is 77% of the previous year. Production in India, which duty trucks locally counted in the truck category there- had surged considerably in 2016, continued to grow in fore only decreased slightly. Thanks to stable employ- 2017 despite a slower pace of 106% of the previous year. ment and low gasoline prices, there are currently no Brazil, where production had slumped in the previous signs of a major slowdown in consumer willingness to year, enjoyed a significant increase of 127% of said previ- buy, but with rising interest rates and increases in sales ous year, reaching 2.26 million vehicles. subsidies, the prevalent view is that demand in the Table 2 shows passenger car production according to North American market is reaching its peak. manufacturer and country. The Hyundai Group, where In the European market, the switch away from diesel intensified, and the various automakers announced elec- Table 1 Passenger car production in leading manufacturing countries. tric vehicles or other plans for greater electrification. 2017 2016 Compared to previous year (%) The growth rate of the Chinese market dropped com- Japan 8,347,836 7,873,886 106.0 pared to last year. With the tax rebate for light-duty ve- U.S. 3,033,216 ※ 3,916,584 77.4 hicles, a contributor to increased sales, ending in 2017, a Canada 749,458 ※ 803,230 93.3 strong growth rate is unlikely over the next few years. EU 16,973,088 ※ 16,887,225 100.5 Germany 5,645,581 5,746,808 98.2 The announcement of new fuel economy and new ener- UK 1,671,166 ※ 1,722,698 97.0 gy vehicle (NEV) regulations in September also marked France 1,748,000 ※ 1,636,000 106.8 an intensification of the government-led shift toward Italy 742,642 ※ 712,971 104.2 Spain 2,291,492 2,354,117 97.3 electrification. South Korea 3,735,399 3,859,991 96.8 In Japan, mini-vehicles and light-duty vehicles led the China 24,806,687 24,420,744 101.6 way in a renewed rise in sales. Contributing factors in- India 3,952,550 ※ 3,707,348 106.6 clude the leveling off of the impact of the mini-vehicles Brazil 2,269,468 1,778,464 127.6 tax increase in April 2015 and a succession of completely World total 73,456,531 72,388,433 101.5 redesigns of the main mini-vehicle models by automak- Note 1 : Preliminary figures announced by the International Organization of Motor Vehicle Manufacturers (OICA) ers. Note 2 : * denotes revised values Note 3 : The 27 EU countries. Note 4 : The number of vehicles for the U.S. and Canada excludes SUVs and other models considered trucks in those countries. Copyright© 2018 Society of Automotive Engineers of Japan, Inc. All rights reserved Table 2 Passenger car production according to manufacturer and country Table 4 Number of passenger cars exported from Japan according to destination. Ranking Manufacturers Country 2017 2016 Compared to previous year 2017 2016 Compared to previous year (%) (Previous year) (Units) (Units) [%] North America 1,892,647 1,868,638 101.3 1 (2) Toyota Japan 2,869,600 2,847,367 100.8 Europe 842,045 803,978 104.7 2 (1) Hyundai group South Korea 2,814,150 2,891,032 97.3 Oceania 382,243 346,978 110.2 3 (3) VW group Germany 2,190,499 2,325,447 94.2 Asia 444,254 434,897 102.2 4 (4) BMW Germany 1,195,557 1,190,935 100.4 Middle-East 350,838 382,001 91.8 5 (5) Daimler Germany 1,131,316 1,066,249 106.1 Central America 148,500 135,832 109.3 6 (6) Mazda Japan 961,039 967,510 99.3 South America 106,338 86,317 123.2 7 (8) Nissan Japan 921,505 835,058 110.4 Africa 49,561 57,424 86.3 8 (10) Honda Japan 817,500 820,226 99.7 Others 2,003 2,367 84.6 9 (17) Suzuki Japan 770,994 580,389 132.8 Total 4,218,429 4,118,432 102.4 10 (19) Daihatsu Japan 749,828 562,323 133.3 11 (12) Subaru Japan 709,643 727,741 97.5 Source: Japan Automobile Manufacturers Association (JAMA) 12 (11) VW Spain Spain 699,709 745,863 93.8 13 (15) Ford Germany Germany 631,104 670,376 94.1 14 (14) Toyota U.S. 584,421 676,970 86.3 Table 5 Passenger car sales in Japan. 15 (20) Mitsubishi Japan 579,642 555,018 104.4 2017 2016 Compared to previous year (%) 16 (13) Honda America U.S. 526,818 686,378 76.8 17 (18) GM Daewoo South Korea 511,867 569,394 89.9 Ordinary trucks 1,548,214 1,490,216 103.9 % 18 (7) GM U.S. 490,629 864,779 56.7 Light-duty trucks 1,394,796 1,311,275 106.4 % — (9) Groupe PSA France ─ 829,419 ─ 4 -wheeled mini-vehicles 1,443,368 1,344,967 107.3 % — (16) FCA Italy ─ 657,995 ─ Total 4,386,378 4,146,458 105.8 % Source: Automobile manufacturers association in each country and Source: Japan Automobile Manufacturers Association (JAMA) automaker public relations material Note 1 : The classification criteria of the sales statistics are based on No 2017 data available for France or Italy the license plate number. Table 3 Passenger car production in Japan. 2017 2016 Compared to previous year (%) 2. 2. 2. Exports Ordinary trucks 5,147,256 4,999,566 103.0 Table 4 shows the number of passenger cars exported Light-duty trucks 1,715,970 1,610,486 106.5 from Japan according to destination. The top three desti- 4-wheeled mini-vehicles 1,484,610 1,263,834 117.5 nations of North America, Europe and Asia all exhibited Total 8,347,836 7,873,886 106.0 a minor increase over the previous years, with no major Source: Japan Automobile Manufacturers Association (JAMA) changes in either rank or number of vehicles. The Mid- dle-East, which ranked fourth in the previous year, the reduction in production from 2016 continued, slid slipped to fifth place at 0.35 million vehicles, a decrease from first to second place in Korean production, while a of over 8% compared to the previous year. Conversely, small increase in production brought Toyota back to first the previous year's fifth place Oceania exhibited an in- place in Japanese production. In Japanese production, crease of over 10% of the previous year, or 0.38 million both Suzuki and Daihatsu rose to considerably higher vehicles, bringing it to fourth place. The regions exhibit- ranks with increases of 30%, while Nissan reached 0.92 ing significant changes were South America, with an in- million units with a 10% increase in production. crease of over 23% compared to the previous year and, 2. 2. State of Japanese Vehicle Production, Exports, in contrast, Africa, which saw a drop of 13% from the and Sales previous year. 2. 2. 1. Production 2. 2. 3. Sales Table 3 shows passenger car production in Japan. Table 5 shows passenger car sales in Japan. Sales of Stagnant demand for mini-vehicles due to tax increase mini-vehicles, benefiting from the impact of the tax in- on those vehicles in April 2015 showed signs of recovery crease wearing off, rose 107% over the previous year to in 2017 with a significant boost in production of 117% of reach 1.44 million vehicles. At the same time, sales of the previous year, reaching 1.48 million vehicles. Produc- both ordinary passenger cars and light-duty vehicles tion of both ordinary passenger cars and light-duty vehi- rose slightly, and registrations as well as overall sales of cles rose only slightly, and registrations as well as overall mini-vehicles reached 4.38 million vehicles. production of mini-vehicles reached 8.34 million vehicles. 2. 2. 4. Used Vehicle Sales Table 6 shows used vehicle sales in Japan. These fig- Copyright© 2018 Society of Automotive Engineers of Japan, Inc. All rights reserved Table 6 Used vehicle sales in Japan. ures, stable and exhibiting little variation, since 2013, had Ordinary trucks Light-duty trucks 4-wheeled mini-vehicles Total Compared to previous year (%) a slight rise of 103%, or 5.80 million vehicles, in 2017. By 2008 1,728,090 1,944,766 1,995,333 5,668,189 95.4% category, sales of ordinary passenger cars and mini-vehi- 2009 1,619,370 1,855,071 1,864,874 5,339,315 94.2% cles were strong at 104% of the previous year.