DOCSLIB.ORG

Electricity's Future on Display

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Electricity's Future on Display 18 | Monday, September 9, 2019 Motoring CHINA DAILY HONG KONG EDITION Short Torque Electricity’s future on display Parallel imports hoped to boost auto industry Chengdu auto show China has decided to expand a pilot showcases latest program of parallel auto imports to eco-friendly vehicles offer customers more choice and further open up its auto industry. Authorized whole-vehicle ports whose annual car imports top 1,000 By CAO YINGYING units can apply to enjoy parallel and ZHANG DANDAN auto import policies, according to a guideline released by the Ministry of Global carmakers showcased Commerce and six other govern- their determination to shift toward ment agencies. Each provincial electrification and prospects of the region should have no more than new energy vehicles in the world’s five pilot enterprises in principle, largest auto market at the 22nd the guideline said. For parallel Chengdu Motor Show in Sichuan imports, independent auto dealers province, running from Sep 5 to 14. directly purchase vehicles from a German carmaker Mercedes- foreign production base or auto Benz announced on Thursday that dealer. Prices for parallel import the Mercedes-Benz EQC, its first cars are lower than the prices fully electric sports utility vehicle offered by authorized dealers. model, opens to booking. The EQC is scheduled to be delivered to Chi- nese customers in November as Chinese electric cars German auto giant dashes forward to be sold in Israel into electrification. Equipped with the MBUX intelli- Chinese electric cars will be sold for gent man-machine interactive sys- the first time in Israel starting in the tem, the EQC can optimize first quarter of 2020, with an Israeli navigation routes based on the real- dealership to offer models of GAC time information about energy Motor, China’s leading automaker, consumption, road conditions and the Hebrew-language newspaper the service condition of charging Yedioth Ahronoth reported on stations. Thursday. The GAC Motor electric Mercedes-Benz said it is to pro- car models that will be sold in Israel vide tailored electric auto services Dongfeng Renault Automotive Company launches its first electric car K-ZE at the Chengdu auto show. CAO YINGYING / CHINA DAILY are the Aion S and Trumpchi GE3. for Chinese customers, including The Israeli importing company for installing intelligent charging piles, GAC electric cars will be a new sub- providing public charging piles and ering different segments in the com- sidiary of Union Group, a Toyota-Is- Mercedes-Benz exclusive charging ing years to provide safe products to raeli car importer located in the stations, as well as a 24-hour road The new energy Chinese customers, Wei added. coastal city of Tel Aviv. Later in rescue charging service. The event showcases other elec- 2020, electric car models of Chinese BMW is another German auto vehicle sector still will tric products including GAC NE’s carmakers MG Motor, JAC Motors magnate that affirmed its determi- develop at a high intelligent SUV Aion LX, GAC Hon- and Nevs are also expected to enter nation to develop electrification. da’s first mass-produced pure elec- Israel. “BMW has announced that by speed since its tric sedan iA5, Aiways’ U5 SUV and 2023, it will launch 25 electric vehi- market share is too Xpeng Motors’ P7 model, which BYD launches latest cle models. And most of them will plans to deliver in first half of next electric models come to China,” said Johann Wie- low in China.” year. land, president and CEO of BMW Some carmakers believe the elec- Chris Chen, vice-president of China’s largest new energy vehicle Brilliance Automotive, in an inter- tric technology is not mature yet to Chery Jaguar Land Rover maker BYD launched its e2 model view at the Chengdu auto show. meet high demands of driving per- last week in Shenzhen, Guangdong Its joint venture in China, BMW formance and the passion of acceler- province. The compact pure electric Brilliance will produce the BMW customers’ concerns about mileage ation. sedan is aimed at younger custom- iX3 — the first fully electric model and safety problems. Francesco Scardaoni, managing ers and is equipped with the DiLink of the BMW X family — in Shen- Sino-French joint venture Dong- director of Lamborghini China, said 2.0 intelligent connectivity system. yang next year, which is a big step Mercedes­Benz’s new energy vehicle model EQC is expected to be feng Renault Automotive Compa- in an interview the weight of the The car body is 4,240 millimeters for the company. The BMW iX3 is delivered in China in November. ZHANG DANDAN / CHINA DAILY ny launched its first electric car, pure electric power system affects long, with a wheelbase of 2,610 mm. produced for the world, Wieland K-ZE at the Chengdu auto show, the handling of sports cars, and per- To make customers feel secure added. with a suggested retail price from formance-wise, cannot last long. about the electric car, BYD uses its With the country cutting subsi- The CEO added that the new ener- competition and feeling the pres- 61,800 yuan ($8,688). Scardaoni said such restrictions are e-platform and the car can travel a dies for new energy vehicles in late gy market needs sustainable solu- sure associated with the great chal- Wei Wenqing, the new executive not acceptable for Lamborghini’s distance of up to 405 kilometers on June, the new energy vehicle sector tions, which refer to high-quality lenges of operation and vice-president of Dongfeng Ren- sports cars. one charge. BYD will offer four vari- has shown signs of a slowdown. products, solid working processes, management. ault, said suitable mileage is better The luxury brand will consider ants of the e2 at prices ranging from According to the China Association correct company structures and an “The new energy vehicle sector than long mileage for electric vehi- electric technology in the future, 89,800-119,800 yuan of Automobile Manufacturers, appropriate level of growth. still will develop at a high speed cles. when there are greater technologi- ($12,608-$16,820). sales of new energy vehicles in Chi- “We have seen a lot of electric car since its market share is too low in “Electric vehicles carrying heavy cal breakthroughs. na fell for the first time in 30 startups. And so far, they have used a China,” Chen said. battery packs sometimes is a waste. They plan to launch a new model months, sliding 4.7 percent in July lot of money,” Wieland noted. “Now, Chery Jaguar Land Rover plans The small electric SUV K-ZE is with hybrid power system at the S Korea’s vehicle sales from a year earlier. it looks like that they are running to provide electric variants for all designed with the range of 271 kilo- transition period, Scardaoni said. struggle in August The association cut its whole- out of money. If you want to change, of its models by 2020, said Murray meters at a balance point,” Wei said According to the event’s organiz- year sales estimate from 1.6 million you have to create a sustainable Dietsch, president of Chery Jaguar on Thursday. ers, more than 130 automakers have South Korea’s automobile sales fell to 1.5 million for the new energy solution here for China, which is also Land Rover, at the auto show. As one of the world’s leaders of showcased over 1,600 vehicles at last month on weak demand both at vehicle sector. the same all over the world.” The comapny’s Changshu plant electric vehicles, Renault has now the ongoing Chengdu auto show to home and abroad, industry data Facing fluctuations in the Chi- Chris Chen, vice-president of in Jiangsu province is being pre- sold more than 250,000 units, with attract customers and expand the showed last week. The number of nese new energy market, Wieland Chery Jaguar Land Rover, has simi- pared for the production of the zero fire accidents. auto market in Southwest China. cars sold and made by five domestic noted that the long-term trend of lar concerns. new energy vehicles. Although the joint venture is rela- automakers, including Hyundai, electrification is absolutely right, He said that with policy changes To take a share of the spoils in tively new in China, the resources of Contact the writers at Kia, Ssangyong, GM Korea and Ren- and that he believed the sales of and traditional carmakers launch- Chinese new energy vehicle mar- Renault-Nissan-Mitsubishi Alliance [email protected] ault Samsung, was 639,435 in electric cars and hybrids will con- ing more new energy products, elec- ket, carmakers are also utilizing and Dongfeng Renault will spur the and zhangdandan August, down 2.9 percent from a tinue growing. tric startups are facing fiercer their global resources to assuage addition of more electric models cov- @chinadaily.com.cn year earlier. Auto exports reduced 2.1 percent over the year to 520,956 in August, while domestic car sales shrank 6.2 percent to 118,479 in the BJEV advocates battery swap service for e-vehicle owners month. Hyundai’s global car sales diminished 6.2 percent over the year to 363,045 last month, includ- By LI FUSHENG “I wouldn’t say it would be the ing 52,897 at home and 310,148 [email protected] only solution, but battery swap will abroad. Kia’s auto sales gained 2.1 We will separate the be an important alternative espe- percent to 228,871 in the month, China’s largest electric car maker cially for vehicles used for public including 43,362 at home and BJEV is championing the battery batteries from transport,” he said.
Load more

Recommended publications
  • Groupe Renault Sets Its New Strategy for China
    PRESS RELEASE Groupe Renault sets its new Strategy for China • Groupe Renault will focus in China on light commercial vehicles (LCV) and electric vehicles (EV). • Groupe Renault will transfer its shares in Dongfeng Renault Automotive Company Ltd (DRAC) to Dongfeng Motor Corporation. DRAC will stop its Renault brand-related activities. • LCV business is operated through Renault Brilliance Jinbei Automotive Co., Ltd. (RBJAC), leveraging Jinbei legacy with Renault know-how. • EV business will be developed through the two existing joint ventures: eGT New Energy Automotive Co., Ltd (eGT) and Jiangxi Jiangling Group Electric Vehicle Co. Ltd (JMEV). Boulogne-Billancourt, April 14th, 2020 - Groupe Renault unveiled today its new strategy for the Chinese Market, building on two of its key pillars: Electric Vehicles (EV) and Light Commercial Vehicles (LCV). Within this new strategy, Groupe Renault activities in China will be driven as follow: About Chinese ICE Passenger Car Market Regarding ICE passenger car, Groupe Renault has entered into a preliminary agreement with Dongfeng Motor Corporation under which Renault transfers its shares to Dongfeng. DRAC will stop its Renault brand-related activities. Renault will continue to provide high quality aftersales service for its 300,000 customers through Renault dealers but also through Alliance synergies. Further development for Renault brand passenger cars will be detailed later within future new mid-term-plan Renault. Furthermore, Renault and Dongfeng will continue to cooperate with Nissan on new generation engines like components supply to DRAC and diesel license to Dongfeng Automobile Co., Ltd. Renault and Dongfeng will also engage in innovative cooperation in the field of intelligent connected vehicles.
    [Show full text]
  • Development & Policy Forecast for Global and Chinese NEV Markets
    Development & Policy Forecast for Global and Chinese NEV Markets in 2021 Invited by China EV 100, officials and experts from domestic and foreign government agencies, industry associations, research institutions and businesses attended the 7th China EV 100 Forum in January 15-17, 2021. The summary below captures the observations and insight of the speakers at the forum on the industry trend and policy forecast in the world and China in 2021. Ⅰ. 2021 Global & China Auto Market Trend 1. In 2021, the global auto market may resume growth, and the NEV boom is set to continue. 2020 saw a prevalent downturn of the auto sector in major countries due to the onslaught of COVID-19, yet the sales of NEVs witnessed a spike despite the odds, with much greater penetration in various countries. The monthly penetration of electric vehicles in Germany jumped from 7% to 20% in half a year and is expected to hit 12% in 2020, up 220% year on year; Norway reported an 80% market share of EVs in November, which is projected to exceed 70% for the whole year, topping the global ranking. Multiple consultancy firms foresee a comeback of global sales growth and a continuance of NEV boom in 2021 as coronavirus eases. 2. China's auto market as a whole is expected to remain stable in 2021, 1 with a strong boost in NEV sales. In 2020, China spearheaded global NEV market growth with record sales of 1.367 million units. The Development Research Center of the State Council expects overall auto sales to grow slightly in 2021, which ranges 0-2%.
    [Show full text]
  • Guangzhou Automobile Group
    China / Hong Kong Company Guide Guangzhou Automobile Group Version 6 | Bloomberg: 2238 HK Equity | 601238 CH Equity | Reuters: 2238.HK | 601238.SS Refer to important disclosures at the end of this report DBS Group Research . Equity 7 May 2019 Japanese JCEs leading growth H: BUY Last Traded Price (H) ( 7 May 2019):HK$8.14(HSI : 29,363) More clarity on JVs future strategy. Guangzhou Auto (GAC) and its Price Target 12-mth (H):HK$9.60 (17.9% upside) (Prev HK$17.86) Japanese JCE partners have agreed on key priorities to grow the business. The medium-term plans include capacity expansion and new A: HOLD model development (both traditional and new energy vehicles). Last Traded Price (A) ( 7 May 2019):RMB11.61(CSI300 Index : 3,721) Price Target 12-mth (A):RMB11.30 (2.7% downside) (Prev RMB21.71) Another key factor is that both partners have agreed to maintain the current shareholding structure, hence removing uncertainties. The Analyst Rachel MIU+852 36684191 [email protected] Japanese auto brands have gained market share from 15.6% in December 2016 to 19% in February 2019 aided by their product What’s New range, pricing, and proactive business strategy. Despite the tough • More clarity on development of Japanese JCEs, key 1Q19 auto market, GAC’s Japanese JCEs managed to chalk up strong earnings driver in the future volume sales growth and decent profit contributions to the group. • Self-brand going through short-term adjustment and Where we differ? We expect normalisation of Trumpchi sales to have should start to normalise in 2H19 a meaningful impact on earnings, on anticipation of a recovery in • Maintain BUY, TP revised down slightly to HK$9.60 the PV market in 2H19.
    [Show full text]
  • 200218 EV Volumes Monthly Xev Sales Tracker
    Global xEV This is a sample version of our ~ 90 page Global xEV Sales Tracker. Sales Tracker The price is 7 500€ / year and includes 12 updates. December and Full Year 2019 Data Center subscribers have 20 % lower price Contact [email protected] for info EVVOLUMES.COM Table of Contents Executive Summary 3 World 6 China 29 USA 36 Europe 43 Norway 51 UK 58 France 65 Germany 72 Japan 79 About EV-volumes 86 xEV Sales Tracker December & FY 2019 2 19-02-2020 EVVOLUMES.COM 2.2 million EVs were sold in 2019, growing by only 11% compared to last year and still representing less than 3% of PV sales. USA were down, China stable and Europe significantly up. Countries • China – 1.2 million EVs (5.2% penetration) - up 6% - 80% BEV – BJEV EU-Series = most solD EV • Europe – 565k EVs (3.1% penetration) - up 45% - 64% BEV – Tesla MoDel 3 = most solD EV • U.S.A. – 320k EVs (1.9% penetration) - down 12% - 73% BEV – Tesla MoDel 3 = most solD EV • Germany – 106k EVs (2.9% penetration) - up 60% - 64% BEV – Renault Zoé= most solD EV • Norway – 79k EVs (56% penetration) - up 9% - 76% BEV – Tesla MoDel 3 = most solD EV • UK – 75k EVs (3.2% penetration) – up 24% - 51% BEV – Tesla MoDel 3 = most solD EV • France – 62k EVs (2.8% penetration) - up 35% - 70% BEV – Renault Zoé = most solD EV • Japan – 44k EVs (1% penetration) - down 18% - 53% BEV – Nissan Leaf = most solD EV OEMs • Tesla won the OEM crown once again in front of BYD anD BAIC with more than 360k EVs solD • VW Group is finally serious about EVs and will overtake BMW Group in 2020 to become the 1st European OEM Models • Tesla MoDel 3 won the EV crown once again with more than 300k units solD • More than 50k Tesla MoDel 3 were solD in December while there wasn’t any European EV in Top 10 xEV Sales Tracker December & FY 2019 3 19-02-2020 EVVOLUMES.COM China represented 58% of global BEV market in December while Europe kept its lead on PHEVs with 46% market share and South Korea on FCEVs with 55% market share (300 units).
    [Show full text]
  • Investor Presentation
    Investor presentation 23 January 2013 PRIVATE & CONFIDENTIAL NOT FOR DISTRIBUTION Confidentiality and disclaimer IMPORTANT NOTICE The information contained in this presentation is strictly confidential and is provided by Jaguar Land Rover Automotive plc (the “Company”) to you solely for your reference to allow you to make an evaluation of the Company. Any reproduction, dissemination or onward transmission of this presentation or the information contained herein is strictly prohibited. By accepting delivery of this presentation you acknowledge and agree to comply with the foregoing restrictions. This presentation is only being provided to persons that are (i) “Qualified Institutional Buyers”, as defined in Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or (ii) non-US persons outside the United States, in compliance with Regulation S under the Securities Act. By attending this presentation or by reading the presentation slides, you warrant and acknowledge that you fall within one of the categories (i) and (ii) above. In the United Kingdom, this presentation has not been approved by an authorised person and is for distribution only to and directed only at, and addressed solely to, persons who (i) have professional experience in matters relating to investments falling within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), (ii) are persons falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc”) of the Order, or (iii) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “Relevant Persons”).
    [Show full text]
  • China's Brands Strive for Tech Edge
    19 CHINA DAILY Monday, February 26, 2018 Motoring Rivals race to China’s brands strive for tech edge meet rising Experts: Domestic automakers must grasp opportunities, make most of latest market trends, Hao Yan reports. demand for hinese automotive experts have highlight- car sharing ed the need to react Cquickly and seize mar- ket trends to meet customer By LI FUSHENG demand if domestic automakers [email protected] are to capitalize on opportunities to lead future global develop- China’s booming car-sharing ment in the industry. sector has great potential, with Nine Chinese automakers demand unlikely to be fully met joined hands on Feb 5 in Beijing by current industry players in the to proclaim their brands’ strong short term, according to consul- rise through synergies in inno- tancy fi rm Roland Berger. vation and transformation, to In a recent report, Roland Berger carry their responsibilities for estimated that Chinese people’s the future development of the demand for car rental and ride- industry. hailing would surge to 37 million Attendees at the recently trips a day this year, about 4.5 times held China EV100 2018, a non- the fi gure in 2015. government, non-profit forum That means the market in 2018 is discussing the future of electric a goldmine worth 380 billion yuan vehicles, said that many Chinese ($60 billion), the consultancy fi rm auto brands are embracing the said, and the cake is too large for opportunity to grow via develop- players in the sector to swallow up ing new technology that can help in the near term.
    [Show full text]
  • Annual Report 2018/19 (PDF)
    JAGUAR LAND ROVER AUTOMOTIVE PLC Annual Report 2018/19 STRATEGIC REPORT 1 Introduction THIS YEAR MARKED A SERIES OF HISTORIC MILESTONES FOR JAGUAR LAND ROVER: TEN YEARS OF TATA OWNERSHIP, DURING WHICH WE HAVE ACHIEVED RECORD GROWTH AND REALISED THE POTENTIAL RATAN TATA SAW IN OUR TWO ICONIC BRANDS; FIFTY YEARS OF THE EXTRAORDINARY JAGUAR XJ, BOASTING A LUXURY SALOON BLOODLINE UNLIKE ANY OTHER; AND SEVENTY YEARS SINCE THE FIRST LAND ROVER MOBILISED COMMUNITIES AROUND THE WORLD. TODAY, WE ARE TRANSFORMING FOR TOMORROW. OUR VISION IS A WORLD OF SUSTAINABLE, SMART MOBILITY: DESTINATION ZERO. WE ARE DRIVING TOWARDS A FUTURE OF ZERO EMISSIONS, ZERO ACCIDENTS AND ZERO CONGESTION – EVEN ZERO WASTE. WE SEEK CONSCIOUS REDUCTIONS, EMBRACING THE CIRCULAR ECONOMY AND GIVING BACK TO SOCIETY. TECHNOLOGIES ARE CHANGING BUT THE CORE INGREDIENTS OF JAGUAR LAND ROVER REMAIN THE SAME: RESPONSIBLE BUSINESS PRACTICES, CUTTING-EDGE INNOVATION AND OUTSTANDING PRODUCTS THAT OFFER OUR CUSTOMERS A COMPELLING COMBINATION OF THE BEST BRITISH DESIGN AND ENGINEERING INTEGRITY. CUSTOMERS ARE AT THE HEART OF EVERYTHING WE DO. WHETHER GOING ABOVE AND BEYOND WITH LAND ROVER, OR BEING FEARLESSLY CREATIVE WITH JAGUAR, WE WILL ALWAYS DELIVER EXPERIENCES THAT PEOPLE LOVE, FOR LIFE. The Red Arrows over Solihull at Land Rover’s 70th anniversary celebration 2 JAGUAR LAND ROVER AUTOMOTIVE PLC ANNUAL REPORT 2018/19 STRATEGIC REPORT 3 Introduction CONTENTS FISCAL YEAR 2018/19 AT A GLANCE STRATEGIC REPORT FINANCIAL STATEMENTS 3 Introduction 98 Independent Auditor’s report to the members
    [Show full text]
  • Tata Motors Annual Report
    68th Annual Report 2012-13 CONTENTS FINANCIAL HIGHLIGHTS FINANCIAL STATEMENTS 36 Financial Performance Standalone Financial Statements 40 Summarised Balance Sheet 116 Independent Auditors’ Report and Statement of Profit and 120 Balance Sheet Loss Standalone 121 Profit and Loss Statement 42 Summarised Balance Sheet and Statement of Profit and 122 Cash Flow Statement Loss Consolidated 124 Notes to Accounts 44 Fund Flow Statement Consolidated Financial Statements 160 Independent Auditors’ Report STATUTORY REPORTS 162 Balance Sheet 45 Notice 163 Profit and Loss Statement 52 Directors’ Report 164 Cash Flow Statement 66 Management Discussion and 166 Notes to Accounts Analysis CORPORATE OVERVIEW Subsidiary Companies 98 Report on Corporate 02 Corporate Information Governance 197 Financial Highlights 03 Mission, Vision and Values 115 Secretarial Audit Report 200 Listed Securities 04 Chairman’s Statement 201 Financial Statistics 08 Board of Directors 12 Delivering Experiences Attendance Slip & Proxy Form 14 Key Performance Indicators 16 Products and Brands 18 Global Presence 20 Milestones 22 Driving Accountability 24 Focusing on Customers & Products 26 Emphasising Excellence 28 Delivering with Speed 30 Sustainability 34 Awards and Achievements ANNUAL GENERAL MEETING Date: Wednesday, August 21, 2013 Time: 3.00 p.m. Venue: Birla Matushri Sabhagar, 19, Sir Vithaldas Thackersey Marg, Mumbai 400 020 ANTICIPATING NEEDS. DELIVERING EXCITEMENT. At Tata Motors, we believe that our Our renewed commitment to these mobility needs of our customers. We are strengths stem from an organisation- pillars drives us to achieve our mission engaging with them at our dealerships wide culture which rests on four of anticipating and providing the best and adopting processes to ensure that pillars – Accountability, Customer & vehicles and experiences to excite our industry-leading practices form a key part Product Focus, Excellence and customers.
    [Show full text]
  • Carmakers Struggle to Gain Traction in Market
    CHINA DAILY | HONG KONG EDITION Monday, November 4, 2019 MOTORING | 19 Renault seeks out Short Torque Great Wall, Ergo join hands in insurance JV its niche in China to Chinese carmaker Great Wall Motors has struck a deal with Ergo, the retail insurance arm of Munich Re, to create a joint lure more customers venture providing insurance to car owners in China, the compa­ By LI FUSHENG nies announced. The joint ven­ [email protected] ture will be put into operation A major challenge early next year, the companies Chinese people love French said, adding that Ergo would goods: wine, perfume, handbags. for us is low brand own 49 percent and Great Wall But French cars have proved an awareness, so we Motors 51 percent. The German exception so far. insurer intends to carve out a France’s second­largest car­ don’t have enough stake in the highly­regulated maker Renault sold 132,138 vehi­ inflow of customers market largely controlled by cles in China from January to Chinese vendors, said Ergo’s September, a drop in the ocean of to our showrooms.” head of mobility solutions Kar­ sten Crede. Great Wall Motors is the country’s 18.37 million deliv­ Francois Provost, senior vice­ eries. president of Renault and one of the best­selling Chinese Peugeot owner PSA Group was chairman of its China carmakers, with sales in 2018 worse, with 91,000 sold in the operations exceeding 1 million vehicles. same period in the world’s largest car market. GAC Honda forms In contrast, Germany’s Volks­ 11 Visitors try out a Hyundai model at the Guangzhou auto show.
    [Show full text]
  • European Car and Light Commercial Vehicle Production Outlook
    European Car and Light Commercial Vehicle Production Outlook November 2012 SMMT, the 'S' symbol and the ‘Driving the motor industry’ brandline are trademarks of SMMT Ltd Contents Introduction and analysis overviews: Individual vehicle manufacturer reviews: About this report 3 BMW 61 Key Highlights 4 Daimler 68 Economic Background 10 Fiat (incl. Chrysler) 74 Automotive Market Overview 17 Ford 80 Overcapacity & Restructuring 22 GM 85 Demand Side Perspective 29 Honda 91 UK VM Summary 30 Hyundai-Kia 93 Production Outlook Overview 34 PSA 96 Country Rankings 48 Renault-Nissan-Dacia 102 Alternative Scenarios 52 Suzuki 111 Disclaimer 59 Tata – Jaguar Land Rover 112 Toyota 116 Volkswagen (incl. Porsche) 119 Aston Martin 128 Geely Volvo 129 Mitsubishi 132 SAIC MG 132 Saab-Spyker 132 Other Chinese – Chery and Great Wall 133 EUROPEAN CAR AND LCV PRODUCTION OUTLOOK REPORT November 2012 | Page 2 About this report This is the sixth 2012 Production Outlook report from AutoAnalysis. The next report will appear in January 2013. The views and projections contained in this report are those of the author, Ian Henry of AutoAnalysis. They do not represent an official SMMT view. The projections regarding new model timings, changes in production locations and the associated production volumes shown here have been compiled on the basis of information from a variety of sources. In most cases, the vehicle companies do not provide official information on which models will be made at which plants, nor do they provide detailed information on future volumes and timings. They have been prepared on the basis of judgments made by AutoAnalysis, taking into account the information, opinion and inside from a range of industry, press and analyst sources available at the time of compiling this report.
    [Show full text]
  • Dongfeng Motor (489.HK) – Initiation of Coverage 10 January 2013
    Dongfeng Motor (489.HK) – Initiation of Coverage 10 January 2013 Dongfeng Motor (489.HK) Automobile Sector 10 January 2013 Research Idea: Moving Up the Gears Target Price HK$15.00 We rate Dongfeng Motor (DFG) a Buy with 12-month target price of 12m Rating Buy HK$15.00. Its sales have dropped since Q3 2012 amid Sino-Japan tensions, 16% upside but we expect a recovery to pre-protest levels in Q1 2013 and growth to DFG – Price Chart (HK$) persist backed by a strong brand lineup. As one of the nation’s leading 22 Bull, HK$20.90 20 automakers, DFG is a good proxy for a secular sector growth story. 18 16 Base, HK$15.00 Three reasons to Buy: 14 12 10 . Sino-Japanese tensions have eased. DF Honda’s sales rebounded to 8 pre-protest levels while DF Nissan’s rebounded to 80% of pre-protest 6 Bear, HK$6.40 Jan12 May12 Sep12 Jan13 May13 Sep13 Jan14 levels in December, well above expectations. Consumer concerns about damage to vehicles should be offset by Sino-Japan auto JVs Price (HK$) 12.96 guaranteeing to repair damage caused during the recent unrest. We Mkt cap – HK$m (US$m) 112,354 (14,494) expect DFG’s sales volume growth to rebound from down 0.8% to +11% in FY13. Free float – % (H-share) 100.00 3M avg. t/o– HK$m (US$m) 299.5 (38.6) . Strong brand lineup can facilitate market-share gains. DFG has Major shareholder (%) three JVs and a comprehensive range of well-received models, which should help minimize sales fluctuations.
    [Show full text]
  • Automotive Industry Weekly Digest
    Automotive Industry Weekly Digest 25-29 January 2021 IHS Markit Automotive Industry Weekly Digest - Jan 2021 WeChat Auto VIP Contents [OEM Highlights] Great Wall to reshape brand image with new models 3 [OEM Highlights] VW begins sales of ID.4 CROZZ in China 4 [Sales Highlights] Chinese new vehicle sales contract 2% during 2020; demand rebound expected in 2021 6 [Sales Highlights] VW Group reports sales decline of 9.1% in China during 2020 8 [Technology and Mobility Highlights] Huawei develops smart roads in Wuxi that communicate with driverless vehicles 10 [Technology and Mobility Highlights] Geely teams up with Tencent to develop smart car technologies 10 [Supplier Trends and Highlights] DENSO collaborate with AEVA to develop next-generation FMCW lidar system 12 [Supplier Trends and Highlights] Freudenberg Sealing Technologies develops new DIAvent valves for safer lithium-ion batteries 12 [GSP] India/Pakistan Sales and Production Commentary -2020.12 14 [VIP ASSET] Stellantis: Scale Creates Opportunity 16 [VIP ASSET] Stellantis expects scale to support strong brand stable, investment into new tech 17 Confidential. ©2021 IHS Markit. All rights reserved. 2 IHS Markit Automotive Industry Weekly Digest - Jan 2021 WeChat Auto VIP [OEM Highlights] Great Wall to reshape brand image with new models IHS Markit perspective Implications Great Wall has delivered satisfactory sales results during 2020 despite the disruption from the coronavirus disease 2019 (COVID-19) pandemic. The automaker's sales rose by 5% to more than 1.11 million vehicles during 2020 on the back of strong demand for its new models, including the Haval H6 and the Pao pickup. The sales volumes of 1.11 million units exceeded the company’s target set for the year, which was 1.02 million units.
    [Show full text]