No one wins
Jeff Schuster, President, Americas Operation & Global Vehicle Forecasting
22 June 2018
No one wins with vehicle tariffs!
Tariff talk is once again dominating the headlines, this time possibly with more bite than just bark. Aside from the broad-brush, large-dollar amounts specifically levied at China, which hit several industries, the auto industry is front and centre. Impact comes from the steel and aluminium tariffs now in place, and the threat of a 25% tariff on vehicles imported into the US (which, yes, includes those vehicles built in Canada and Mexico).
Jonathon Poskitt, Director, Global Sales Forecast
21 June 2018
WLTP: Implications for the European market
September 2018 will see the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) applied to all new car registrations within the EU. Although there are allowances for a limited number of unsold vehicles in stock that were approved under the previous NEDC test, WLTP presents significant challenges for the industry to meet.
Augusto Amorim, Senior Manager, Americas Vehicle Sales Forecasts
19 June 2018
Will SUVs ever outsell cars in Latin America?
Anyone familiar with the auto industry will tell you the same story: SUV sales are up, Car sales are down. But will the Car market realistically be eclipsed any time soon? Probably not, particularly in emerging markets.
Methin Changtor, Asia Powertrain Forecasting Manager
14 June 2018
The Thailand government has increasingly favoured policy designed to push the country, through an industry incentive programme, towards becoming a significant producer of electric vehicles of various types (xEVs). OEMs that locally produce xEVs along with at least one of 13 key components will receive an import tax exemption for machinery and corporate tax exemption.
Merge and Acquire
Alan Kang, Senior Market Analyst
12 June 2018
Merger and acquisition might become normal in China PV market
In order to generate cash to relaunch itself in the increasingly competitive China Personal Vehicle market, Chery Automobile has decided to sell a controlling stake for approximately 20 billion RMB ($3.1 billion). This follows the decision, in December 2017, to sell 25% of its stake in Qoros to Baoneng Group.
Is the worst over?
Augusto Amorim, Senior Manager, Vehicle Sales Forecasts, The Americas
11 June 2018
Recent South American market turmoil to hamper pace of recovery
The Brazilian Light Vehicle market is notoriously unpredictable, as borne out by the sharp fluctuations seen over the last few years: sales plunged by 26% in 2015 and 20% in 2016, followed by a nascent recovery in 2017, when the market rallied by 9.5% year-on-year, on total sales of 2.18 million vehicles.
Ammar Master, Senior Manager
11 June 2018
FCA has wisely shifted its strategy to establish the Jeep brand in India.
Fiat’s new models never came. After peaking at 23,000 units in 2009 – when Fiat first started selling the Linea and Punto in India – sales fell to less than 3,000 units last year. By the end of April this year, its tally had collapsed by 85% year-on-year to fewer than 200 vehicles.
Slow and Steady
Al Bedwell, Director, Global Powertrain
5 June 2018
Investors in Europe’s BEV market need to take a long-term view
Electrified vehicle sales now represent around 6% of the European car market, but battery electric vehicles (BEVs) account for barely one-sixth of this total. Growth is steady but slow across the electrified sector, and particularly so in the plug-in sector – i.e. BEVs and plug-in hybrids (PHEVs). Ongoing post-EV incentive growth in Germany is really the only bright spot in BEV demand among Europe’s biggest markets so far this year.
Arthur Maher, Research Director
31 May 2018
The impact of Brexit on the UK Light Vehicle industry
In the still-uncertain aftermath of the UK referendum vote to leave the EU, successfully predicting the end state for the UK, with respect to its relationship with the rest of the bloc, remains impossible. For Light Vehicle producers in the UK, risks are therefore significant. Clarity will eventually manifest, but such is the conflicted state of the political landscape in the UK that this is unlikely to happen soon.
Race for Autonomy
James Norris, Senior Analyst
29 May 2018
The race for autonomy between vehicle segments: who will win and why?
Much of the recent debate surrounding the automotive industry has focussed on the impending autonomous revolution in a broad sense. However, more specific issues have come out of the general discussion: will bus transport pioneer the paradigm shift to Autonomous Vehicles (AVs) on public roads? And, if so, will this rollout impact the development of autonomous Passenger Vehicles (APVs)?
John Zeng, Director, China Forecasting
24 May 2015
Impact of import duty cut on Chinese vehicle market
The Chinese government announced on 22 May that the customs duty for CBUs will be reduced from 25% or 20% to 15% from 1 July this year, and that the duty for auto parts will be cut simultaneously to 6%.