Tag: OE business
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.
UK automotive executives expect that more than half of today’s car owners will not want to own a car in less than a decade, according to KPMG’s Global Automotive Executive Survey 2017. The survey found that 74 per cent of UK automotive executives think that by 2025, more than half of car owners today will not want to own a vehicle, as self-driving technology and mobility as a service will take priority.
The UK new car market achieved another record year in 2016, with annual registrations climbing for the fifth year in a row to almost 2.7 million, according to figures published by the Society of Motor Manufacturers and Traders (SMMT). The market has experienced uplifts in 10 out of the last 12 months, albeit finishing with a December down slightly by -1.1 per cent – with 178,022 new cars registered in the month. However, the SMMT also gave a negative prediction for growth in 2017.
Autoliv, Inc. and Volvo Cars have signed a final agreement regarding the formation of a 50:50 joint venture to develop software for autonomous driving and driver assistance systems, based on the letter of intent announced during autumn 2016.
In November 2016 EU passenger car registration rebounded following the slowdown observed in October. New registrations for the month totalled 1,148,618 units (up 5.8 per cent), according to the European Automobile Manufacturers’ Association (ACEA).
The new Maserati Levante will fit the Goodyear Eagle F1 Asymmetric 2 SUV, specifically designed for SUVs and Crossovers, as OE. The close collaboration between Maserati and Goodyear continues, with the aim of developing high-performance tyres capable of meeting the demands for handling and safety of these luxury and sporty SUVs.
Exmile Tyre may be the OTR tyre OE supplier you have never heard of. However, according to the company, Exmile provides OE services to “more than 20 global and domestic machinery and equipment manufacturers” such as: Jungheinrich, Doosan, Terex, Manitou and Tailift. In the replacement market, Exmile tyre reports that it enjoys a good reputation and growth in countries like Australia, USA, South East Asia, East Europe, Mexico, Colombia and Chile.
The latest figures suggest that in 2016 we had the third highest level of new trailer registrations ever, surpassed only by the figures for 2007 and 2008. However, there is also “a distinct weakening of the market in the second half of the year” according to CLEAR analysts who suggest the market is now forecasting a weaker fourth quarter than was predicted earlier in 2016. Denmark, France, Germany, Italy and Spain are all less buoyant markets than they were assumed to be six months ago.
Reifen China, which is described as “the trade fair for the Asian tyre market” is ready to run from 1 to 3 December 2016. The show is being held at the Shanghai New International Expo Centre in the Pudong area of the city. Reifen China, which is organised by China United Rubber Corporation and Messe Essen will present wheels, tyres, repair material, valves, garage equipment and accessories amongst other products.
Nissan Motor Company Ltd. has committed to producing the next Qashqai crossover vehicle in Sunderland. Executives had warned that this may not happen following the UK’s decision to leave the European Union. However, not only has the company received satisfactory assurances to continue with production of the Qashqai for the next few years (the next Qashqai model is expected to be made in 2018 or 2019). Nissan also confirmed that it will add production of the next X-Trail model at its Sunderland as well in something of a surprise move.
British motorcycle manufacturer Triumph has selected the Avon Cobra tyre as the original equipment fitment for the newly launched Triumph Bonneville Bobber. Avon’s 100/90-19 57V Cobra, which exists within the current motorcycle tyre range, has been further developed to improve performance and is the front tyre of choice on Triumph’s latest bike.
As the government moves towards its April 2017 article 50 declaration, the automotive industry is calling on politicians to ensure the car business is left with the structures it needs to prosper. With this in mind the RMI is specifically calling for a free trade deal to support the industry’s future: “With the UK in a period of uncertainty, we are urging government to engage with all sectors in our industry to prevent any uncertainty, encourage confidence and enable investment”, said RMI board member Colin Parlett, speaking at this year’s retail motor industry federation annual dinner in London tonight (20 October 2016).
Bridgestone’s Bethune, France; Burgos, Spain; and Poznań, Poland tyre manufacturing plants were honoured at the General Motors 2015 Supplier Quality Excellence Awards. The quality managers of the three plants accepted the awards at the ceremony held at GM Europe headquarters in Russelsheim, Germany on 16 September 2016.
Finance deals are key to the new car market with dealers reporting a high level of satisfaction with their manufacturers’ finance schemes”, said Sue Robinson, Director of the National Franchised Dealers Association, commenting on the recent results of the NFDA Summer 2016 Dealer Attitude Survey.