Grouptyre distributed brands expanding 4×4 fitments as segment interest grows

Tuesday 6th September 2016 | 0 Comments

 
The Vauxhall Mokka leads the four cars taking the bottom four places in the latest (August 2016) SMMT top ten of the UK’s most popular new cars
The Vauxhall Mokka leads the four cars taking the bottom four places in the latest (August 2016) SMMT top ten of the UK’s most popular new cars
With the number of new car registrations increasing and SUVs leading the way in new car sales, the desire for owning a 4x4/SUV has led to a surge in demand for tyres in this lucrative market, distributor Grouptyre confirms. SMMT figures for August 2016 bear this out – numbers seven to 10 on the bestselling new cars table are all crossover SUVs. With greater popularity, opportunity follows for tyre manufacturers, and the wholesaler states that its suppliers are continuing to develop product ranges to meet the demands of vehicle manufacturers and their expanding range of vehicles. All the evidence points to continuing growth for 4x4 tyre sales following on from 2015’s double-digit increases, as revealed in our March issue by market research specialists GfK Automotive.

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Category: Market Info, Product News