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Apollo Tyres harnessing IoT solution to lift productivity & save energy

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Faced with limited insight into the performance of its tyre manufacturing equipment, Apollo Tyres recently sought an Internet of Things (IoT) solution that would digitalise and standardise its manufacturing processes. It approached Deloitte, who worked with the tyre maker to implement such a solution on Amazon Web Services (AWS), connecting production equipment to a data lake. The result was a 9% increase in productivity on primary equipment and 3% reduction in energy usage.

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UK government needs to step up efforts to incentivise EV transition – Deloitte

Volkswagen

Analysts at Deloitte have called on the government to increase efforts to support the transition to electric vehicles, after sales of EVs “plateaued’ at the end of 2023. Sounding a note of caution after otherwise positive figures for new car sales, Deloitte said the UK would need to incentivise battery electric vehicles in order to meet the 22 per cent market share target, while access to sufficient public chargepoints remains a concern. Jamie Hamilton, automotive partner and head of electric vehicles at Deloitte, said: “While consumers have continued to purchase new cars in what’s been a strong year of growth for the industry, sales of electric vehicles (EV) have been positive but started to plateau towards the end of the year.

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  1. ‘Year EVs became mainstream’ but infrastructure, pricing concern buyers – Deloitte
  2. Peak petrol – has UK hit auto landmark unnoticed?
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Decline in battery electric vehicle sales underlines continuing need to address demand – Deloitte

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The -17.1 per cent decline in battery electric vehicle registrations in November may have been a result of supply chain issues, but analysts argued that the setback on the electrification of the UK car parc also underlines the need to continue addressing issues affecting consumer demand. Jamie Hamilton, automotive partner and head of electric vehicles at Deloitte, said: “In a month where we’ve seen significant announcements in the UK supporting electric vehicle (EV) production, the decline in sales of battery electric vehicles in November is a reminder that we also need to think about demand and the underlying charging infrastructure that’s required for consumer adoption.”

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Related news:

  1. New car sales growth continues in October – SMMT revises annual outlook upwards
  2. ‘Great relief’ but recovery ‘might be slower’ than expected – analysts on car sales
  3. New car market up as plate change September marks 1 million EV milestone
  4. January rise in UK new car sales marks 6th consecutive month of growth
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New car sales growth continues in October – SMMT revises annual outlook upwards

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SMMT

October’s new car market grew by 14.3 per cent to reach 153,529 registrations, 7.2 per cent above pre-pandemic levels and marking the best performance for the month since 2018, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The 15th month of consecutive growth was driven almost entirely by large fleet registrations, which grew 28.8 per cent to reach 87,479 units. Private demand was stable at 62,915 vehicles, a 0.3 per cent increase, while the much smaller business sector saw registrations fall -15.2 per cent to 3,135 units. With the sustained increase in new car registrations, overall vehicle uptake is now up 19.6 per cent in the first 10 months, with the market currently enjoying its best year since 2019.

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Related news:

  1. January rise in UK new car sales marks 6th consecutive month of growth
  2. SMMT urges government to back new-tech diesel following market decline, uncertainty
  3. Fleet sales mean March new car sales up 11.5 per cent YOY
  4. EVs energise new car market but chargepoint rollout must accelerate, says SMMT
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Deloitte: Electric vehicle market growing, but financial benefits reducing

Commenting on the latest vehicle registration figures, Jamie Hamilton, automotive partner and head of electric vehicles at Deloitte, explained that while demand for electric vehicles continues, the benefits of transitioning are reducing.

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Related news:

  1. UK passes upcoming EU vehicle CO2 target
  2. Toyota chalks up seven million global hybrid sales
  3. ULEV registrations on the up
  4. Deloitte: Electric vehicles will be cheaper than petrol/diesel by 2021
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Autumn Statement – NFDA “concerned” at possible electrification setback

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The Autumn Budget offers a balance of positive infrastructure measures and concerns over the support of car parc electrification, according to Sue Robinson, chief executive of the National Franchised Dealers Association (NFDA). A variety of measures affecting the British automotive industry were set out in the Thursday 17 November Autumn Statement by the Chancellor, Jeremy Hunt. “As a whole, the Autumn budget announced today promises growth and investment that the UK so desperately needs,” Robinson said. “Whilst there are positive notions in areas such as business rates and infrastructure investment, NFDA is concerned that the removal of tax exemption for EV owners could set back the objective of electrification and increasing the number of electric vehicles sold in the UK, in a bid to reach the ever-challenging 2030 targets.”

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  1. RMI applauds ’positive’ Autumn Statement
  2. New car market up as plate change September marks 1 million EV milestone
  3. Price, access to charging, range the barriers to electric vehicle purchases – survey
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New car market up as plate change September marks 1 million EV milestone

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SMMT

The UK new car market recorded its second successive month of growth in September (the second ‘plate change’ month of the year), with registrations rising 4.6 per cent, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). During what is typically the second biggest month of the year for the sector, 225,269 cars joined Britain’s roads. While this was a 9,957 unit increase on last year, when the industry recorded its weakest September since 1998, overall registrations for the month are still some -34.4 per cent below pre-pandemic levels as the industry continues to battle issues constraining supply to fulfil a backlog of orders.

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Related news:

  1. 36th month of growth in car sales
  2. August car sales up 23 per cent – electric cars account for one in twelve sales
  3. Fleet sales mean March new car sales up 11.5 per cent YOY
  4. Car registrations ‘incredibly encouraging’ comments Carwow
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‘Year EVs became mainstream’ but infrastructure, pricing concern buyers – Deloitte

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Responding to the Society of Motor Manufacturers and Traders’ 2021 new car registration data, analyst Deloitte has proclaimed 2021 “the year electric vehicles became mainstream”. It added that range issues are receding as a headwind thanks to technological progress. It identifies the speed of charge point infrastructure and the price of entry post-subsidies as the major headwinds for the sector in 2022.

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Related news:

  1. Dealers optimistic about demand despite current new car issues – NFDA
  2. Peak petrol – has UK hit auto landmark unnoticed?
  3. ‘Great relief’ but recovery ‘might be slower’ than expected – analysts on car sales
  4. UK sets new record for EV registrations
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‘Great relief’ but recovery ‘might be slower’ than expected – analysts on car sales

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Car registration figures may offer some relief for the embattled sector, but analysts have warned the recovery might be slower than first hoped. Andrew Burn, managing director and head of automotive at Interpath Advisory (formerly KPMG Restructuring), said of the May SMMT registration figures: “The latest registration figures will come as great relief to the sector given the tumultuous challenges it is grappling with. The numbers reflect the first full month of showroom openings, with volumes back to circa 2012 levels. The question now is where volumes will settle once we have moved beyond the pandemic and the new norms are established.

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Related news:

  1. SMMT urges government to back new-tech diesel following market decline, uncertainty
  2. Cautious recovery in new car registrations during May
  3. Car registrations ‘incredibly encouraging’ comments Carwow
  4. UK new car market down a third as tentative restart reveals subdued demand
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September registrations: Market shifts towards private ownership of hybrid cars

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SMMT

Overall registrations remain under great pressure, but the latest new car sales figures point to another bumper month for electric vehicles. Meanwhile, diesel-fuelled internal combustion engine vehicles have taken the biggest hit. There are also signs that vehicle ownership preferences are changing. But what does this mean for the shape of the car market that feeds aftermarket tyre sales?

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Related news:

  1. UK car registrations fall to 2013 levels
  2. UK new car sales fell 44.4% in March due to coronavirus
  3. 2016 car sales peak at 2.7 million units
  4. New car registrations drop -4.4 per cent in weakest ever ‘new plate’ September
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Deloitte: growing new car registrations point towards ‘speedy recovery’

Following the news that UK new car registrations were up 11.3 per cent year-on-year in July, Michael Woodward, UK automotive lead, Deloitte, cautiously suggested the figures point towards a speedy recovery:

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Related news:

  1. Deloitte: Electric vehicles will be cheaper than petrol/diesel by 2021
  2. Decline in car sales continues in October
  3. Commuters may help car market recovery
  4. Peak petrol – has UK hit auto landmark unnoticed?
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Peak petrol – has UK hit auto landmark unnoticed?

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Volkswagen

Following the SMMT’s June round of car registrations figures, analyst Deloitte wonders if there is cause to think a UK automotive landmark has passed. While much of the focus has been on the historic depths the country’s car sales have hit, the proportional demand for hybrid and electric vehicles has continued to rise at pace. Michael Woodward, UK automotive lead, Deloitte, said: “The automotive industry is taking positive steps towards recovery from the impact of COVID-19. Socially-distanced showrooms have been reopened in England for a full month, and factory production is ramping up again, in some cases faster than expected.

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Related news:

  1. SMMT urges government to back new-tech diesel following market decline, uncertainty
  2. Decline in car sales continues in October
  3. Commuters may help car market recovery
  4. Fall in new car market a ‘wake up call’ to policy makers
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Analysts comment on April car sales figures

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SMMT

Analysts have commented on the “unsurprising” news that UK new car sales have plummeted to depths not seen for 70 years in April. Automotive industry observers at Deloitte and KPMG looked to the future, suggesting cautiously that the reopening of showrooms could provide opportunities for consumers, while suggesting that sales digitisation could be important for dealers.

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Related news:

  1. Decline in car sales continues in October
  2. Peak petrol – has UK hit auto landmark unnoticed?
  3. Fall in new car market a ‘wake up call’ to policy makers
  4. UK car manufacturing faces long wait to return to normal levels – KPMG
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Commuters may help car market recovery

Stephen Goodchild

Although UK monthly new car registrations in April were lower than since the days of postwar petrol rationing, there is at least some optimism that the automotive industry will benefit from one aspect of the COVID-19 crisis. With social distancing and fear of contagion part of the ‘new normal’, mistrustful commuters may shun public transport in favour of private cars.

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Related news:

  1. UK new car registrations hit record low in April
  2. Peak petrol – has UK hit auto landmark unnoticed?
  3. Deloitte: Electric vehicles will be cheaper than petrol/diesel by 2021
  4. Deloitte: growing new car registrations point towards ‘speedy recovery’
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Decline in car sales continues in October

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UK new car registrations declined -6.7 per cent last month, according to figures from the Society of Motor Manufacturers and Traders (SMMT). 10,348 fewer cars were registered than in October last year, reflecting a tough environment for businesses and consumers as economic and political uncertainty continued to impact confidence.

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Related news:

  1. June UK car sales – decline continues as low emission sales falter
  2. Record sales of AFVs in February as overall market dips slightly
  3. January new car sales down -6.3 per cent
  4. Slight fall in August new car sales, but strong showing for electric cars
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