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You are here: Home1 / analysis

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Recent Western Europe car tyre production decline ‘similar to financial crisis’ years

Company News, Market Info, Premium, Product News

Passenger car and light truck (PCLT) tyre production trends in Western Europe have been scaling down over the long-term. The move to larger production facilities in the comparatively low-cost labour markets in Eastern Europe, or greater reliance on imports from Asia, has seen a steady stream of plant closures and conversions to speciality, short-run production capacity – on in the case of Cooper Tire’s UK plant, for example, one followed by the other – in the region. A new assessment of the most recent three-year period by tyre industry analyst Astutus Research suggests that the overall picture has been of a decline similar to the period following the 2008 financial crisis, which was itself a catalyst for this trend. Yet digging a little deeper into the figures shows several dynamics at play in European PCLT tyre production, including supply chain disruption and spiralling energy costs. For comprehensive analysis of global tyre market trends, a series of reports by Astutus Research are available to buy now in the Tyrepress Reports Shop – click here for more details.

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Related news:

  1. Decennial shift in global PCLT tyre volume market share
  2. Michelin the number one consumer researched tyre brand: Tyre Reviews
  3. 3 tyres rated ‘exemplary’ in Auto Bild’s winter tyre test
  4. Goodyear: New EfficientGrip Performance 2 tyre offers 20% more mileage than Michelin
28th October 2022/by Andrew

West, Central European replacement tyre market accelerating towards larger tyres

Product News

With a wave of new ultra-high performance products from global brands arriving in the post-pandemic market, Tyres & Accessories looks at data supplied by specialist tyre industry analyst Astutus Research showing just how quickly the market for high rim diameter (HRD) tyres is now growing in Western and Central Europe (this data excludes Russia, Ukraine and the rest of Eastern Europe).

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Related news:

  1. OE deals demonstrate expanding Yokohama Advan range’s qualities
  2. UHP tyres one-third of European replacement market by 2024: Astutus
  3. 10-year tyre trends show how UHP segment beat the pandemic
  4. Tyre manufacturers to lose $2bn in OE revenues due to semi-conductor shortage
8th June 2022/by Andrew

Polarised brand tier growth in UK van tyre market

Market Info, Premium, Product News, UK News
Ford

While van manufacturers have been both developing their electric portfolios and sustaining a double-digit sales contraction in a pandemic affected market, the picture for van tyre suppliers is certainly not as hostile. As we will see in this feature, the requirements of e-commerce and electric vehicles are providing new impetus to van tyre suppliers in the medium term. But 2020 UK figures generated by market data analyst GfK’s Point of Sales Tracking show that the segment is faring better than many with the travails of this year. At the same time, several trends are coalescing to improve the fortunes of van tyre suppliers.

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Related news:

  1. Long-term trend shows winter tyres receding, all-season rising in UK
  2. All-season tyre growth, especially for premium brands – GfK
  3. GfK: UK still amongst largest and fastest growing SUV tyre markets
  4. How the UK aftermarket is enduring Brexit and lockdown weather
23rd November 2020/by Andrew

MOTs worth £177 million a year in UK tyre sales

UK News
Autotech

Together, the increased utilisation of independent contractors on the supply side and record online search figures on the demand side show that MOT testing is booming. Considering that MOTs were put on hold for roughly four-and-a-half months between March and August (let’s not even mention the Northern Ireland MOT crisis), this is good news. Word of a coming MOT spike will be warmly welcomed by the tyre and aftermarket associations that lobbied government for the end of the MOT extension on both road safety and economic grounds. But what exactly does the apparent boom look like? And why does it matter to the tyre trade?

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  1. Still going strong: 4×4 tyres continue to overcome obstacles
  2. MOT test demand set to spike in 2019
  3. MOT exemption starts on 30 March 2020
  4. NTDA: MOTs are central to vehicle safety
9th July 2020/by Chris

How the UK aftermarket is enduring Brexit and lockdown weather

Premium, UK News
Perfect Storm? How the UK aftermarket is enduring the Brexit and lockdown weather (Photo: Herbert Santos; Pexels)Herbert Santos; Pexels

The last time Tyres & Accessories took a close look at the aftermarket sector back in July 2019, we took the optimistic view that the UK aftermarket space would be able to weather the Brexit storm. Of course, back then Brexit and trans-Atlantic trade wars were the most significant pressures on aftermarket parts segment. Now, however, things are considerably more complex and unpredictable. So, in this analysis we examine the most recent pre-lockdown data as well the latest mid-lockdown information in order to answer the question: is the UK aftermarket still weathering the storm?

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Related news:

  1. Tyre dominance in overall aftermarket beginning to diminish
  2. MOTs worth £177 million a year in UK tyre sales
  3. All-new policy?
  4. Long-term trend shows winter tyres receding, all-season rising in UK
22nd June 2020/by Chris

Automotive outlook worsens

Company News, International News, UK News

The global recession triggered by the COVID-19 pandemic is darkening the automotive sector’s short- and medium-term outlook given the prospect of steep declines in demand in North America and developing countries in 2020 in addition to Europe and China.

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Related news:

  1. Toyota pausing production at European plants
  2. Auto industry will look to China for rebound insights – GlobalData
  3. Continental producing medical hoses in Italy
  4. ‘Drastic decline’ – ETRMA releases members’ Q1 2020 sales figures
9th April 2020/by Tyrepress Editors

Decennial shift in global PCLT tyre volume market share

Company News, Market Info, Premium

The latest global tyre market share figures from tyre industry analyst Astutus Research show how long-established, leading players headquartered in Japan, Europe, and North America have seen their volume share diminish, while Chinese, ASEAN, and selected other markets’ tyre manufacturers’ share has risen. The analyst states that in aggregate, the ten leading PCLT tyre manufacturers based in Japan, Europe and North America (J-E-NA) have lost almost 6 percentage points of market share since the end of 2011 (OE and replacement segments combined, volumes in tyre units). In part this reflects a strategic choice of some to focus on the higher value premium segments of the market.

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Related news:

  1. Zhongce Rubber enters global top ten tyre manufacturers
  2. Giti enters the top 10 of leading tyre manufacturers
  3. Shifts in leading tyre manufacturer rankings, 2015-2019
  4. Pirelli, Hankook continue close rivalry in list of Leading Tyre Manufacturers
29th November 2019/by Andrew

NatWest: Sustained drop in UK automotive sector output highlights need for collaboration

UK News

NatWest’s latest UK Automotive PMI report registered the sharpest downturn in business conditions across the UK automotive sector for six-and-a-half years. At 43.5 in May, the headline seasonally adjusted UK Automobiles & Auto Parts PMI – a single figure measure of developments in manufacturing conditions – registered below the crucial 50.0 no-change threshold for the second month running. The latest figure was down from 48.9 in April.

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Related news:

  1. UK car manufacturing rising – SMMT
  2. Arrest made in connection with Yorkshire tyre fire
  3. AA calls for flood signage rethink
  4. Research shows speed cameras responsible for bad driving
25th June 2019/by Andrew

21 million more electric vehicles expected worldwide by 2030

International News, UK News

Deloitte’s latest electric vehicle (EV) research shows the pace of global EV adoption, rising from two million units in 2018, to four million in 2020, 12 million in 2025, before rising to 21 million in 2030. By 2030, Battery Electric Vehicles (BEVs) will significantly outperform the rest of the EV market, accounting for 70 per cent of total EV sales.

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Related news:

  1. Connected cars to boost UK employment
  2. Jaguar files electric car patents
  3. Horiba Mira and Coventry University launch Autonomous Vehicle research centre
  4. Maxxis gets huge e.GO boost with European partnership
22nd January 2019/by Chris

Long-term trend shows winter tyres receding, all-season rising in UK

Market Info, Premium, Product News, UK News

The viability of a sustained winter tyre market in the UK has long been categorised as doubtful, with sales rarely climbing to 2 per cent. Meanwhile recent improvements in tyre technology and the introduction of products looking to change their perception, led by the Michelin CrossClimate’s success in the fleet market, have seen all-season tyres become an increasingly attractive proposition.

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Related news:

  1. All-season tyre growth, especially for premium brands – GfK
  2. Apollo Tyres building UK dealer network at ‘iconic venue’ events
  3. Mid-range all-season tyres lead market growth
  4. Aeolus premieres 4Seasonace at Reifen 2014
15th August 2017/by Andrew

UK’s online automotive retail outstripping cosmetics and groceries

Company News, Market Info, UK News

Automechanika Birmingham 2017 represented the perfect opportunity for the UK’s automotive aftermarket to gather as higher technology vehicles continue to push up turnover by 2.4 per cent in 2016. 800 such companies were present at the Birmingham NEC for this year’s show. The aftermarket accounted for £21.6 billion in turnover – a figure boosted by the presence of the more high tech vehicles on Britain’s road in addition to recent record months in new car registrations. Additionally the increasing demand for digital services has helped to boost the online side of the segment, and the Society of Motor Manufacturers and Traders (SMMT), which reported the latest figures, states that more car parts, accessories and services are bought online than cosmetics or groceries. Tyres, alongside lubricants and filters, are the most commonly replaced part, and help account for some of the growth in digital sales, though demand for digital devices, including telematics and tyre pressure sensors, has grown fastest. Overall, the SMMT states that the automotive sector makes a contribution to the UK economy of £12.5 billion.

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Related news:

  1. Automechanika Birmingham 2017 part of UK automotive’s reshoring efforts
  2. Tyre manufacturers ready for CV Show between 2016 growth and 2017 flux
  3. Lord Coe to speak at Automechanika Birmingham Aftermarket Power Network
  4. Automechanika Birmingham 2019 to launch ‘The Big UK Garage Event’
4th July 2017/by Andrew

NFDA and ICDP publish ‘Life After Brexit’ discussion paper

Market Info, UK News

The National Franchised Dealers Association (NFDA) and ICDP have published ‘Life after Brexit: challenges and opportunities for UK automotive retail’. The discussion paper analyses challenges, outlines priorities and investigates opportunities that are likely to appear for the retail auto industry as the post Brexit situation emerges.

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Related news:

  1. NFDA discusses confidence, legislation and Brexit in Belfast
  2. Motor Dealer report pessimistic over profits and Brexit
  3. UK-EU transition deal ‘crucial’ for automotive industry – NFDA
  4. NFDA responds to government ‘no-deal Brexit’ notices
28th June 2017/by Andrew

The future’s bright for Poland’s electromobility market, says Frost & Sullivan

International News, Market Info

Poland’s electromobility market is ripe for growth. Favourable government initiatives such as the Electromobility Plan and Electromobility and Alternative Fuels Act are reshaping local mobility and igniting innovative clean technologies to achieve higher competitiveness and energy optimization. Growth will be augmented by consumer incentives and the simultaneous development of infrastructure, energy distribution, and product offerings. Players should look for opportunities in charging point infrastructure development, automotive supply chain transformation, and public transport modernisation to gain a competitive advantage.

Read more

Related news:

  1. GfK: UK still amongst largest and fastest growing SUV tyre markets
  2. Europe will overtake the US in the electric and hybrid cars market, says MarketLine
  3. 21 million more electric vehicles expected worldwide by 2030
  4. European commission approves 3.2 billion euros of battery research support
28th June 2017/by Andrew

GfK: UK still amongst largest and fastest growing SUV tyre markets

International News, Premium, Product News

The UK is still one of the largest and fastest growing 4×4/SUV tyre markets in Europe. In fact, according to the latest data compiled by market research specialists GfK Automotive, the UK is the second largest in Europe with sales of 1.157 million 4×4 tyres in 2015. Speaking with GfK Automotive account director Kevin Glynn, Tyres & Accessories learnt that only Italy’s annual sales of 1.4 million 4×4 tyres last year was bigger.

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Related news:

  1. GfK: SUV sales drive UK tyre market post-Brexit
  2. 4×4 SUV tyre sector value up 18 per cent
  3. Event Tyres launching three new products at Autopromotec
  4. Dakar involvement bolsters Cooper’s 4×4 tyre strength
23rd February 2016/by Tyrepress Editors

Research shows speed cameras responsible for bad driving

Legislation, UK News

Using more than a billion miles of driving behaviour data, collected over three years (2011-2014), Wunelli, a LexisNexis company, has revealed the most frequent braking black spots across the UK created by speed cameras, based on motorists braking excessively just before speed cameras to avoid being caught. 80 per cent of all the UK speed cameras investigated had hard braking activity, with braking increasing six fold on average at these locations. Wunelli defines a hard braking event as a change in speed of 6.5+ mph over a one second time period, which is enough to propel a bag on the passenger seat into the footwell.

Read more

Related news:

  1. Goodyear and the London School of Economics partner on road safety research
  2. Goodyear-LSE study into driving personalities identifies dangerous traits
  3. November is riskiest month for pedestrians
  4. Government to research tyre ageing
27th October 2015/by Andrew

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