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Christopher Bruce2013-06-21 15:41:58

European Auto Factories Will Run Under Capacity for at Least the Next 3 Years

Automakers are either closing factories or moving production

Some factories have been successful in Europe, like Mini's Oxford plant

The analysts at IHS Automotive are predicting that European auto factories will run at under capacity for at least the next three years. To cope, automakers will have to either close factories or move more production to Europe to take up the unused capacity.

IHS estimates that 85 of Europe’s 160 auto factories are operating at 70% capacity or less. Automakers need to run factories at a minimum of 75% capacity just to break even.

RenaultRenaultRenaultFrance, 1898 > present189 models
6115 photos
17 videos
-NissanNissanNissanJapan, 1932 > present159 models
7236 photos
12 videos
is moving production of the MicraMicra Gen.4Nissan Micra Gen.4Japan, 2010 > 201653 versions
95 photos
from India to Renault’s factory in Flins, France.

AudiAudiAudiGermany, 1909 > present83 models
8302 photos
27 videos
is moving production of the Q3Q3Audi Q3Germany, 2011 > present72 versions
147 photos
to Seat’sSeatSeatSpain, 1950 > present29 models
2364 photos
4 videos
Martorell, Spain, factory.

FordFordFordUnited Kingdom, 1909 > present33 models
3898 photos
5 videos
, OpelOpelOpelGermany, 1863 > present85 models
5172 photos
8 videos
, PSA PeugeotPeugeotPeugeotFrance, 1882 > present120 models
4048 photos
7 videos
-CitroënCitroënCitroënFrance, 1919 > present94 models
5546 photos
11 videos
and VolvoVolvoVolvoSweden, 1927 > present49 models
4537 photos
6 videos
have all closed factories in Europe already. However, new factories in Central Europe and Eastern Europe have taken up that lost capacity, which means that total European auto capacity has changed little in the last 10 years.

The European Automotive Manufacturers’ Association just reported that EU auto registrations have fallen to a 20-year low.

Source: Automotive News Europe




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