Motorcycle registrations fall in February
The Motor Cycle Industry Association has released the February figures for motorcycle registrations. Commenting on the figures, Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, said: “Following a surge in pre-registrations of Euro 3 machines in December, registrations were down in February -21.6 per cent compared with the same period last year.”
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Brand Finance: Bridgestone the most valuable tyre brand
Even through raw material costs are on the rise and these are driving up tyre prices, eight of the ten tyre brands deemed most valuable by Brand Finance have seen their brand values rise during the past year.
Continue ReadingTyre manufacturers ready for CV Show between 2016 growth and 2017 flux
April 2017’s CV Show looks set to mark an important event in the tyre business year, with a strong showing for the industry reflecting both the resilience shown in the UK commercial vehicle sector in 2016 and the potential opportunities offered by the coming period of political change. SMMT registration figures reveal that 2016 was a better year than might have been expected in the haulage and people transportation segments.
Continue ReadingFebruary LCV market fall was “not unexpected” says SMMT
The new light commercial vehicle market declined in February, falling -4.3 per cent to 13,291 registrations, according to SMMT. The downturn follows an exceptionally strong performance in 2016, when the sector recorded an eight-year high in registrations.
Continue ReadingRecord sales of AFVs in February as overall market dips slightly
The UK new car market remained steady in February, dipping just -0.3 per cent, according to figures released by SMMT. 83,115 vehicles were registered in traditionally one of the quietest months of the year ahead of the number plate change in March. Fleets drove the market, with 45,699 cars registered, up 3.3 per cent, while private demand fell -4.4 per cent to 36,018 units and business registrations declined -5.3 per cent to 1,398.
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Small growth in January van registrations
The new van market got off to a positive start in 2017, with January seeing a small 1.2 per cent growth in registrations, according to data released by the Society of Motor Manufacturers and Traders. Heavy vans weighing between 2.5 and 3.5t, which make up the bulk of the market, rose 5.6 per cent in January. Meanwhile, pickups’ popularity continued to grow following a successful 2016, with registrations increasing 28.9 per cent.
Continue ReadingGood end to 2016 for motorcycle sales
Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) has stated that the end-of-year peak in the bike market arrived “as predicted” as a result of the Euro 3 deadline. Commenting on figures released by the Motor Cycle Industry Association, Latham said it was the high volume of low cost machines that proportionally registered the highest numbers.
Continue ReadingNovember a good month for motorcycle sales
Despite poor weather conditions, a total of 7,644 motorcycles were registered in November 2016 – a significant increase of 6,821 more bikes compared to November 2015. “It is positive to see that the motorcycle market has come back strong in November with sales up 12.1 per cent over the same period last year,” said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA).
Continue ReadingNovember a record month for UK van sales
The UK’s new light commercial vehicle (LCV) market achieved a record-breaking performance in November, according to SMMT figures. 29,784 new vans hit the roads last month – the most for two decades.
Continue ReadingGlass’s predicts fall in 2017 new car market
The UK new car market will fall by around 3.5 per cent next year to around 2.6 million cars, predicts Glass’s. However, while the figure looks disappointing in isolation, the vehicle data provider points out that this will still be higher than any year in the last decade except 2016.
Continue ReadingNovember new car sales up 2.9 per cent
184,101 new cars were registered in the UK this November, with the market increasing by a steady 2.9 per cent, according to the latest figures from the Society of Motor Manufacturers and Traders. The growth has helped deliver more than 2.5 million new cars on to British roads so far this year – the first time the milestone has been reached in November.
Continue ReadingDemand for HGVs falls in Q3
Figures released by the SMMT show that the new heavy goods vehicle (HGV) market declined -3.6 per cent in the third quarter of 2016, with 11,242 units registered. The fall in demand follows five consecutive quarters of growth, and year-to-date the market remains strong, with registrations up 6.6 per cent against the same period in 2016.
Continue Reading‘Modest growth’ in October car registrations
The UK new car market experienced modest growth in October following a bumper plate-change month in September, according to figures published by the Society of Motor Manufacturers and Traders. 180,168 cars were driven off the UK’s forecourts last month as registrations grew 1.4 per cent.
Continue ReadingOctober motorcycle registrations flat
Motorcycle demand was static in October 2016, with 8,595 units registered – just 22 more bikes than in the same month in 2015. Drilling down, the shape of this demand changed, with naked and scooter categories up, and 51-125cc bikes registrations reduced. “Demand in the motorcycle market cooled in October recording a growth of just 0.3 per cent,” said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.
Continue ReadingVan registrations shows signs of weakening – NFDA
New van registrations declined by 4.5 per cent in October, showing the first signs in 2016 of weakening. In year to date figures, the market remains two per cent higher than 2015, with a total of 318,664 units registered in the first ten months of 2016: the best performance on record.
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