The British light commercial vehicle (LCV) market grew last month according to figures from the Society of Motor Manufacturers and Traders (SMMT). Just over 16,000 new LCVs were registered in the traditionally small month of August, representing a 5.0 per cent increase in demand.
August car sales up 23 per cent – electric cars account for one in twelve sales
The UK new car market enjoyed a boost in August, as year-on-year demand rose 23.1 per cent, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). 94,094 new cars were registered in the month as the market responded to regulatory changes, with cost-savvy buyers taking advantage of some compelling deals in what is always one of the year’s smallest months.
The UK new light commercial vehicle (LCV) market declined -5.9 per cent in July, with 23,309 vans and pick-ups registered, according to figures from the Society of Motor Manufacturers and Traders (SMMT).
The UK new car market remained stable in July, with year-on-year demand growing by 1.2 per cent, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). 163,898 new cars were registered in the month as the market stabilised following a turbulent first six months.
British light commercial vehicle (LCVs) registrations declined in June, according to figures from the Society of Motor Manufacturers and Traders (SMMT). 35,182 new vans and pickups were registered last month, representing a -5.8 per cent decline on June 2017.
SMMT urges government to back new-tech diesel following market decline, uncertainty
The Society of Motor Manufacturers and Traders (SMMT) is urging the UK government to act to support the sale of traditionally fuelled vehicles following the news that the UK new car market declined moderately in June. Year-on-year demand fell by -3.5 per cent, the SMMT stated, as 234,945 new cars joined British roads, representing relative stabilisation considering recent turbulence over the past year or so. While alternatively fuelled vehicle sales continue to rise, they are not yet at a level that can relieve the decline in traditionally fuelled vehicle sales, and the SMMT argues for government to provide increased support for petrol and especially new technology diesel vehicles.
Micheldever/Protyre moves up to fourth, Lodge Tyres jumps in retail rankings
In last year’s ranking of the top tyre retailers in the UK, Tyres & Accessories predicted that the pace of change in the top 20 chains by branch count would result in some jostling for position. This has proved entirely accurate, as two major acquisitions have brought two of 2017’s top 20 into the fold of higher ranked companies, leading to both Micheldever/Protyre, leapfrogging HiQ into fourth place as predicted last year, and Lodge Tyre, into the top 10 from joint-14th last year, making significant jumps in this year’s table. Most other retailers have held relatively stable positions in terms of the number of stores, while our most recent additions to the table, Eden Tyres (15 stores) and Elite Garages (13) were identified as narrowly missing out on places last year.
Linglong to become first Chinese global Top 10 car tyre manufacturer by 2019 – analyst
New research by London based independent research company Astutus Research suggests that a domestic Chinese company could be about to join the top 10 global manufacturers of passenger car and light truck (PCLT) tyres. Linglong Tyre, currently ranked 12th globally in the segment by unit sales, is forecast to take tenth place by 2019, replacing South Korea’s Kumho Tyre. The move would make the manufacturer the first from China to enter the PCLT top 10.
April van sales have helped to drive up year-to-date figures for light commercial registrations. “Light Commercial Vehicle (LCV) registrations increased 3.9 per cent compared to the same period last year for which there were there were no changes in road tax,” said Sue Robinson, director of the National Franchised Dealers Association.
94 per cent of all used tyres collected and treated in 2016: ETRMA
A consolidated report on used tyres arising in Europe in 2016 shows 94 per cent were collected and treated. In compiling the data, the European Tyre and Rubber Manufacturers’ Association (ETRMA), consolidated used tyre (UT) management data for 2016 covering 32 countries, including the EU28, Norway, Serbia, Switzerland, and Turkey.
British car manufacturing in decline, based on sustained domestic demand fall
The Society of Motor Manufacturers and Traders has announced a -4.4 per cent decline in British car manufacturing, as production for the home market fell by double figures. Exports declined in the month too, but only by -0.8 per cent, with 117,139 vehicles shipped overseas, accounting for more than 80 per cent of output.