The Retail Motor Industry’s chairman has lauded the role of finance packages in achieving the UK’s high rate of new car an commercial vehicle sales growth. “In an era of low interest rates, a growth in competitive finance packages favoured by retail customers has contributed to a six per cent increase in new car and commercial vehicle sales – marking a record high”, RMI chairman Peter Johnson said, speaking at this year’s Retail Motor Industry Federation annual dinner in London on 22 October.
“Sales of commercial vehicles continued to increase in July with registrations up 25.8 per cent”, said Sue Robinson, Director of the National Franchised Dealers Association which represents commercial vehicle and franchised car retailers across the UK, commenting on the SMMT’s van and truck registration figures.
Demand for the new 14 registration plate fuelled commercial vehicle growth in March. Total commercial vehicle registrations grew 11.4 per cent in March to 54,232 with the rolling year figure up 15.6 per cent to 335,840.
The combined March and September plate-changes typically account for around a third of the annual van market. The strong 14.6 per cent rise to 50,064 van registrations is in line with expectations
Continental Tyres has appointed Tom Edwards as its new retread and brand manager in the UK and Ireland commercial vehicle marketing team, and Gabriel O’Keefe as a truck sales manager, covering Northern Ireland and the Republic of Ireland border counties.
New light commercial vehicle figures released today show overall sales were up 12.4 per cent in September and up 8.1 per cent year-to-date. Van sales increased by 10.3 per cent last month, whilst truck demand rose by 29.7 per cent.
New light commercial vehicle figures show overall sales were down 0.6 per cent in July but up 6.5 per cent year-to-date. Van sales dipped 2.6 per cent last month but remained 9.3 per cent ahead year-to-date. "It is positive to see that the commercial vehicle market remained stable during July, with a healthy increase in the truck sector of 10.3 per cent" said Sue Robinson, Director of the NFDA, commenting on the SMMT's van and truck registration figures.
Bus and coach registrations fell 18.4 per cent to 622 units in April, meaning a decline of 17.6 per cent in the first four months of 2013 to 2,559 units. Purpose-built bus and coach registrations dropped 28.9 per cent to 302 units in the month. Converted bus registrations also fell in April, by 5 per cent to 320 units.
In the future 81 per cent of the UK population will be living in urban areas. There will be 200 million connected devices and one in four British citizens will be shopping online – the highest number in the world, per capita. The over 65s will represent a fifth of the population. The country’s South East region will grow to become the second largest region after London, accounting for 15.3 per cent of total GDP. That’s all if Frost & Sullivan’s 'New Mega Trends in the UK' analysis, which looks forward to 2025, turns out to be correct. However, even if there are only half right the flavor of what might take place in the next year if of interest to all sectors of the industry.
Continuing the recent trend, van registrations increased 11.5 per cent in March, contributing to an overall commercial vehicles registrations sales rise of 8.1 per cent.
Commenting on the SMMT's van and truck registration figures, Sue Robinson, Director of the National Franchised Dealers Association which represents commercial vehicle and franchised car retailers across the UK said:
Netherlands-based wholesaler Van den Ban intends to expand its activities in area of truck tyre distribution, and to facilitate this has employed a new truck tyre sales manager. On 18 March, Hans Bakker began in this position; as truck tyre sales manager he will be responsible for expanding Van den Ban’s truck tyre portfolio as well as for sales.
US trade body Rubber Manufacturers Association (RMA) has reported that tyre shipments remained unchanged in 2012 at 284 million units, as an increase in OE shipments offset a decrease in replacement shipments. Furthermore, the association predicted a 2 per cent rebound in tyre demand during the course of 2013.
The SMMT figures for commercial vehicle registrations in October paint a gloomy picture, with year-on-year CV sales down 8.1 per cent to 21,661 units; the rolling year figure is also down 0.9% to 293,312.
Truck registrations dipped to 3,867 units, down 8.1 per cent in the month, but the rolling year figure is up 16.3 per cent to 47,352.
In September, the EU recorded 18,529 new heavy trucks (over 16 tonnes), or 14.8 per cent less than in September 2011. All significant markets contracted, from -6.7 per cent in the UK to -18.6 per cent in France, -22.9 per cent in Germany, -28.6 per cent in Spain and -33.8 per cent in Italy. Nine months into the year, the decline was 7.7 per cent, with a total of 162,355 new registrations.
SMMT figures show that commercial vehicle sales in September rose slightly – the 43,787 sales represented a rise of 0.8 per cent. Van registrations for the month were 39,060; up 1.1 per cent, but truck sales were down 1.5 per cent to 4,727 units.
According to Bloomberg, China’s consumption of natural rubber will most likely decline this year due to lower demand for commercial vehicle tyres in wake of decreasing truck sales and slowing economic growth. The media company reports Hangzhou Zhongce Rubber Co chairman Shen Jin-Rong as saying consumption may decrease by as much as five per cent.