UK drivers increasingly buying cars online
UK motorists are some of the fastest adopters of online car buying, something that is rapidly becoming the new normal in Britain, Germany and Spain, according to research conducted by online car retailer carwow. A survey of over 1000 consumers who bought a car through carwow since dealerships were allowed to reopen found 54 per cent of recent the company’s customers in the UK said they would continue to do the bulk of their car buying online from now on. In Spain it was 45 per cent and it was 38 per cent in Germany.
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‘Return to form’ for car retailers
July was the first month since the lockdown all dealerships across the UK were able to stay open through the whole month, a fact that is reflected by the uptick in car sales, Sue Robinson, director of the National Franchised Dealers Association (NFDA), said.
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Pirelli expanding all-season tyre range by 22 sizes
Pirelli is set to capitalise on the rising consumer interest in all-season tyres across Europe with an expansion to its range to cover more than 90 per cent of the market. Pirelli will introduce 22 new sizes between 16 and 19 inches in the Cinturato All Season Plus and Scorpion Verde All Season SF product ranges. All of these products are also available with Pirelli’s Seal Inside technology – a puncture protection layer added to the inside of the tyre to help extend mobility in case of damage. Pirelli adds that the new generation of premium all-season tyres has supported growth in the all-season tyre market, which in turn has seen more tyre manufacturers bring out a wider range of products. Tyres & Accessories asked Pirelli UK chairman and CEO Dominic Sandivasci about the latest European market trends, starting with the relationship between winter and all-seaosn tyres.
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Pirelli rolls out larger Diablo Superbike Slick tyres for BSB Championship restart
Pirelli has rolled out a range of larger Diablo Superbike Slick tyres for the Bennetts British Superbike (BSB) Championship. The series will run over six rounds starting at Donington Park on 7-9 August. Each round features three Superbike races. Pirelli has continuously acted as sole tyre supplier to the series since 2008. It supplies approximately 4,000 tyres to each event, as well as offering service and support. The new tyres were developed during the 2019 World Superbike Championship. They now comprise part of Pirelli’s production tyre range, available to racers of all levels.
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Auto industry ‘far from out the woods’ despite car sales growth – KPMG
Commenting on SMMT’s new car registration figures for the month of July, Andrew Burn, UK head of automotive at KPMG, said: “With social distancing measures easing and dealerships finally in a position to reopen, it’s great to see pent-up demand released and car registrations picking-up again. However, as the year-to-date figures make painfully clear, total lost sales in 2020 are expected to be £20bn, so in many ways it’s a case of damage limitation. We’re still a long way off pre-Covid-19 levels of sales.
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Pent-up demand helps UK new car registrations up 11.3%
New car registrations rose for the first time this year in July. The figure rose 11.3 per cent in the month, year-on-year, according to the latest Society of Motor Manufacturers and Traders (SMMT) figures. 174,887 cars were registered in July 2020, supported by the first full month of trading for dealerships since February. July 2019 registrations were affected by declining business and consumer confidence undermined the market. Pent-up demand and special offers led to a reprieve for the sector, but overall registrations are still down by -41.9 per cent or 598,054 units year-to-date. Despite the increase in July, SMMT’s full year outlook is for a -30 per cent decline in registrations, representing more than £20 billion of lost sales.
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Max Kruse scores first on track success on Falken Azenis at Nürburgring
Max Kruse Racing’s Volkswagen Golf GTI TCR scored a class win in the NLS endurance series at the Nürburgring this weekend. The team was competing on Falken Azenis race tyres for the first time. The SP3T pole position and class winner was one of six cars including a Porsche 911 GT3 Cup MR (997), VW Sciroccos, Golfs and Cupra switching to the tyre manufacturer as Falken expands its motorsport customer programme.
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Pirelli to review minimum F1 tyre pressures after Silverstone failures
Formula 1’s exclusive tyre supplier Pirelli has concluded its initial analysis on a number of tyres run at the British Grand Prix. The tyre supplier said it has identified the cause of the tyre failures on both Mercedes and the McLaren of Carlos Sainz in Sundays race. A combination of the long stints the P Zero White (C1) was forced to complete and the “biggest forces” on F1 tyres ever meant the tyres were “placed under maximum stress” for a long period. The resultant wear on the tyres meant that the tyres were less protected from the extreme forces by the end of the race. While Pirelli plans to continue with its plan to supply softer compounds at the second Silverstone meeting, it said it would review the usage prescription for its F1 tyres, increasing the minimum tyre pressures to reduce structural stress.
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Goodyear expanding direct online tyre sales across Europe
Goodyear has been marketing its passenger car tyres in Germany directly to end users for fitting by a listed partner for roughly six months. And for years before that there has been a noticeable trend towards online selling. Following on from our online preview article, Tyres & Accessories’ German group publication Neue Reifenzeitung interviewed David Anckaert, vice president Commercial Europe at The Goodyear Tire & Rubber Company and began by asking: is it too early to draw initial conclusions? And where’s next?
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Goodyear reports Q2 net loss of US$696 million
Goodyear Tire & Rubber reported a Q2 2020 net loss of $696 million ($2.97 per share) compared to net income of $54 million ($0.23 per share) a year ago in financial results released 31 July 2020. Goodyears second quarter 2020 sales were $2.1 billion, down 41 per cent compared with a year ago. According to the company, the decline was driven by “lower industry volume and reduced sales from other tyre-related businesses.” However, there are signs that demand is improving.
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Tatneft invests in Kazakhstan tyre factory joint venture
PJSC Tatneft and JSC Allur Group of Companies are establishing a joint tyre manufacturing facility in Kazakhstan. The factory will produce passenger car, light truck and truck tyres. The planned production capacity is 3 million passenger and light truck tyres as well as 0.5 million truck tyres per year. Production is expected to start in 2022. The project will create about 800 jobs, according to Tatneft.
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(Not) the end of an era…
At the end of July a significant chapter in the history of Tyres & Accessories came to an end, with the closure of the companys offices in Clacton-on-Sea. The closure has been hastened by the effects arising from the coronavirus pandemic, and means that all editorial, administrative and advertising functions are now handled exclusively by the companys head office in Stoke-on-Trent. This meant that T&As two longest-serving employees could enjoy a well-deserved retirement. Advertising manager Alan Day joined the magazine early in 1990, while company secretary Pat Aldous was employed for six weeks maternity cover in 1977. It proved to be a long six weeks, as she never left! Alan and Pats friends and colleagues - both in the UK and in Germany and Italy - wish them all the best for a long and happy retirement.
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Tencent and Linglong partner in online marketing drive
On July 10, Linglong Tire signed a strategic cooperation agreement with Tencent Cloud and Huazhi. As a result, the three parties will cooperate on smart marketing and industrial digitalization based on “the world’s first industrial Internet platform for the tyre industry, aiming at helping Linglong realize the transformation from traditional manufacturing to intelligent manufacturing, while seizing the aftermarket and improving the overall digital marketing and service level.”
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