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Many respected sources are projecting flat retail gross sales for 2017 and a modest 1% decline in 2018. I respectfully disagree. We are just too far alongside in a used vehicle worth correction that at present consists of light pickup trucks and SUVs. Leases will change into much less inexpensive as residuals fall. With out leases, we merely will not have the quantity wanted to meet those projections. I also consider that sales to rental automobile companies will significantly decline moving ahead. At this pace, the potential of a serious rental automobile agency going out of enterprise in the next 12 months will not be out of the question.
Valeo’s affordable hybrid idea is streamlined by 2 principal ideas: First, to turn an hybrid low cost, the principle lever is to scale back the voltage to cut back the price of the battery. This requires to limit the ability of the electrical machine. Second, to make use of the lengthy expertise in StopStart micro-hybrids programs (that Valeo invented) utilizing cheap, alternator-based mostly, electrical motor. Extensive simulations have shown that limiting the facility to 12 kW allows to save as much as 10-15% of gas on the European cycle whereas permitting a low 48V voltage system. Also, limiting the electrical drive to take-off and some low speed cruise operations permits to have a reasonably small battery pack.
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