Tag: OE business
The West European Trailer Market had the third highest level of new trailer registrations ever, surpassed only by the figures for 2007 and 2008 before the GFC. However, there, there was a distinct weakening of the market in the second half of the year and Denmark, France, Germany, Italy and Spain were all less buoyant markets at the end of the year than they were in mid-2016.
Hydrogen Mobility Europe (H2ME) – the ambitious multi-country, multi-partner project to demonstrate that hydrogen can support Europe’s future transport demands – today announced that the first 100 fuel cell electric vehicles (FCEVs) deployed by H2ME are now on the road in Germany, France and the UK.
“Following extremely high numbers of bikes registered in December (10,990) the slowdown seen in January was hugely anticipated. Compared with last year’s strong results, this shows a decline of -15.6 per cent which is, surprisingly, reasonable”, said Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.
The European car industry boomed in 2016 - with new car registrations for the year totalling 15.14 million units, a 6.5 per cent increase when compared to 2015. This is the second highest volume seen since 2007 when total registrations exceeded 16 million units. In addition, the results also demonstrate that the SUV take-up trend continues to boom. In fact, the switch to SUVs was the clearest car sector trend in 2016. To be precise, the European SUV sector grew 21.4 per cent last year, increasing from 3.2 million units registered in 2015 to 3.9 million last year. In contrast, the traditional segments grew by just 2.2 per cent – 10 times slower!
A Carspring study shows devaluation percentages in each country as well as a depreciation ranking by brand in the UK. The research found that Minis retain the most value, 46.08 per cent after 56000 kilmetres or 34700 miles. At the other end of the spectrum, Toyota are worst with a devaluation rate of 74.59 per cent.
The UK new car market got 2017 the year off to a good start and achieved record levels of registration again January. According to the latest SMMT figures, 174,564 new cars were registered on British roads in January – rising 2.9 per cent to the highest level since 2005.
The latest Equa Air Quality (Aq) Index shows assumptions that two-wheel-drive vehicles are cleaner than four-wheel drives are wrong. Comparing two and four-wheel-drive test results reveals that the more capable models produce less nitrogen oxides when compared through real, on-road driving. Concentrating on the latest Euro 6 compliant vehicles, it shows the vast improvements that some manufacturers have made in helping cut harmful tailpipe emissions when developing new cars.
On 23 January the European Tyre and Rubber Manufacturers’ Association published its members’ sales for the year 2016 and the last quarter of 2016. Consumer tyres were up 2 per cent in 2016 - despite minor fluctuations during the third quarter and with a strong performance in the last quarter (+4%). OE consumer tyres sales followed the performance of new car registrations, albeit it more slowly, rising 3 per cent.
Last year Kumho products were honoured with the world’s top three design accolades – the Red Dot Award (Germany), iF International Forum Design (Germany), and International Design Excellence Awards (United States). Add further laurels from Good Design (Japan), Good Design (Korea) and Green Good Design (United States), and it was a bumper 12 months.
By mid-2017, government and industry body Go Ultra Low says more than 100,000 plug-in cars will be on UK roads. This landmark prospect is fuelled by record electric car registrations in 2016, a year in which volumes rose 29 per cent on the previous 12 months.
Pirelli prides itself on its leadership of the prestige sector and also continues to increase its presence in the premium category. Central to this is the ongoing success of the P Zero, the latest version of which was introduced last year, 30 years after its debut. The objective was to meet the growing demand for performance, reliability and safety, and to reinforce Pirelli’s Perfect Fit strategy, which means a made to measure tyre for each model of car.
With fog and frost bringing treacherous driving conditions to much of the country, MyCarCheck.com has compared the buying risks associated with five of the UK’s most popular 4x4 vehicles. Head of MyCarCheck.com, Roger Powell, said: “4x4 sales surge during winter, so we merged our data for November 2015 to February 2016 and November 2016 to January 2017 to highlight the different risks associated with the most popular used models.
Not long after Theresa May gave her headline Brexit speech, various automotive industry representatives spoke out about their perspective on the ongoing issue:
Recent research suggests ever-rising expectations, social influence, and retailers striving to engage consumers with attractive offers, continue to sway customers. Such influence has not escaped the motor industry and recent years have seen major changes in the way consumers purchase a vehicle.