Motorcycle sales rise in May
Overall demand for motorcycles is up 7.5 per cent in the latest year-to-date figures. Commenting on the Motor Cycle Industry Association new bike registrations statistics, Stephen Latham, head of the National Motorcycle Dealers Association (NMDA), said: “Demand for motorcycles continued to grow in May with a 3.5 per cent increase over the same period last year.”
Continue Reading‘Steady growth’ in new van sales in May
The UK new van market saw steady growth in May 2016, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). Demand for new light commercial vehicles (LCVs) rose 1.9 per cent, with more than 28,000 hitting British roads – the highest number on record for the month.
Continue ReadingSteady growth in May car registrations
Demand for new cars in the UK remained stable in May with a steady 2.5 per cent growth in registrations, according to figures released by The Society of Motor Manufacturers and Traders (SMMT). 203,585 cars were registered in the month, May’s highest total since 2002.
Continue ReadingNFDA salutes 32 months of growth in European car registrations
“We are pleased to see that passenger car registrations in the EU continued to perform well in April marking 32 consecutive months of growth”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers across the UK, commenting on figures published by ACEA (European Automobile Manufacturers Association).
Continue ReadingRecord number of vans on UK roads
New figures from the Society of Motor Manufacturers and Traders (SMMT) released to coincide with the opening of the 2016 CV Show indicate that the number of vans on Britain’s roads has hit an all-time high of 4 million; a 4.3 per cent increase since the previous year.
Continue ReadingMicheldever’s Protyre retail chain is UK’s fastest growing
This year’s UK tyre retail ranking shows that the fastest growing tyre retailer is Micheldever’s Protyre chain, which added some 21 branches to its network in the last year – by far the fastest growth (both in terms of branch count and growth percentage) of any tyre retailer we are tracking. Nevertheless, ETEL remains the largest overall and is also the fastest faller, with the company running 9 points of sale less than in our 2014/2015 research. However, context makes a big difference, so for more on both these stories, read on.
Continue ReadingShortage of product contributes to modest increase in motorcycle sales – NMDA
High expectations of growth in motorcycle sales for March 2016 were tempered somewhat by low product supply. While the market started strongly this year, overall growth was only 1.6 per cent compared with March 2015. “Following a strong start to 2016, the NMDA had high expectations that March would follow suit on the back of the new 16-plate change, however the market was up by only 230 bikes compared to March 2015 – marking an overall growth of just 1.4 per cent”, said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.
Continue ReadingEuropean car registrations – the NFDA response
“The National Franchised Dealers Association (NFDA) is encouraged by the continued increase of passenger car registrations in the EU marking the 30th consecutive month of growth”, said Sue Robinson, director of the NFDA, commenting on figures published by ACEA (European Automobile Manufacturers Association). The NFDA represents franchised car and commercial vehicle retailers across the UK.
Continue Reading25% rise in February motorcycle registrations
Figures from the Motor Cycle Industry Association show that 4972 bikes were registered last month – 987 more than February 2015. Confidence in the economy and high employment figures were cited as two contributing reasons.
Continue ReadingIndonesia set to become main ASEAN automotive production hub, says report
There is strong evidence Indonesia will eventually replace Thailand as the main automotive production hub in the Association of Southeast Asian Nations (ASEAN), according to Markus Scherer, global automotive sector leader at Ipsos Business Consulting. This could have major implications for automotive manufacturers and suppliers as well as policy planners in both countries, Scherer said.
Continue ReadingFebruary new van market “steady” says SMMT
SMMT figures show the new van market achieved a steady performance in February, with registrations at the same level as this time last year, when the sector recorded a seven-year high. 13,891 new light commercial vehicles (LCVs) were registered in February – traditionally one of the quietest months of the year.
Continue ReadingPrivate customers attracted by incentives and low interest rate, says Glass’s
Commenting on the February new car registrations, Steve Jackson, chief car editor, Glass’s, said: “February SMMT registration statistics show private customers have been incentivised back in to the market with low interest rates, deposit incentives and a selection of new models on offer.
Continue ReadingRange Rover Sport replaces BMX X5 as UK’s most stolen and recovered vehicle
According to the latest figures from Tracker (part of the Tantalum Corporation), the highly desirable Range Rover Sport was the most stolen and recovered vehicle in 2015, knocking the BMW X5 off the number one spot which it has held for the last 6 years. Year-on-year Tracker saw a 12 per cent increase in the […]
Continue ReadingJanuary motorcycle sales up
“Following a successful year in 2015 for the motorcycle market, registrations continued their upward trend in January”, said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, commenting on the latest figures released by the Motor Cycle Industry Association.
Continue ReadingBig shift to digital radios in new cars
Data from industry analysts CAP and The Society of Motor Manufacturers and Traders for Q4 2105 shows that the number of new cars fitted with digital radio as standard grew to 80.1 per cent, compared to 7.5 per cent in Q4 2010 and 61.2 per cent in Q4 2014. This is the second biggest quarterly increase since monitoring began in 2010.
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