Trend Tracker, formed in 2003 to provide accurate and informed automotive industry research, calculates the retail service, maintenance and repair market’s worth has risen by almost £1 billion since the 2008 recession. This is inevitably resulting in greater interest in the segment, which is increasing the desire of vehicle manufacturers (VMs) to compete for this business. AMOnline has recently reported on the efforts of some car manufacturers to take a bigger slice of that market, giving a synopsis of what measures various VMs are taking.
Andy Barratt has been appointed chairman and managing director, Ford of Britain, from July 1, 2015, succeeding Mark Ovenden who has been appointed president and CEO, Ford Sollers, the joint venture of Ford Motor Company and JSC Sollers in Russia.
Recalls of motor vehicles models posing a serious safety risk are at their highest since 2010, according to an analysis by international law firm Pinsent Masons. Research conducted by the firm found that in 2014, 195 recalls for motor vehicle models were issued, more than at any point in the last five years.
SMMT figures show that the strong British car market drove domestic production up 1.9 per cent in March with 144,893 cars built – the best March since 2006. Manufacturing output for the domestic market, meanwhile, rose almost a quarter, reflecting continuing strong demand for new cars in the UK.
British cars are being made with more British-sourced components as the UK automotive industry’s renaissance continues apace, new research reveals. Figures from a new Automotive Council report show that domestic component makers sold 19 per cent more products to UK vehicle producers last year than in 2013.
Personal preference for an iPhone or Android smartphone could soon dictate the car choice of younger buyers, predicts Glass’s, as new models become ever more closely integrated with mobile devices. The publishers of the trade pricing bible say motor manufacturers are already working with Apple or Google on next generation systems that will see smartphones, tablets and cars integrating much more closely, giving drivers greater access to information and apps such as music, e-mails and sat nav systems.
SMMT figures show that 1,528,148 cars weremanufactured in the UK in 2014 – a 1.2 per cent increase on the previous year and the best year since 2007. In addition, the strongest December in a decade saw 108,721 cars produced; up 27.1 per cent on December 2013. This growth came despite challenges in some export markets.
An article in the Daily Mail on 29 October was entitled ‘Is this the end of the road for spare tyres?’ and focused on new research which revealed that the lack of spare tyres in new cars has led to a ‘huge rise’ in call-outs for breakdown services to deal with punctures in just four years.