![Michelin returns to the top of online brand ranking](https://www.tyrepress.com/wp-content/uploads/2016/10/DEX-2016-chart.png)
Michelin returns to the top of online brand ranking
Michelin has returned to the top of our annual online brand equity study run in conjunction with Cambridge-based specialists NetNames. The results marks a return to fortunes for the French global player, which has dominated the research for most of the 12 years it has been running until Continental seized first position last year. Indeed, the research has only been topped by three of the tyre majors in its history – Michelin, Continental and Pirelli. However, while the top of the table has been dominated by a select few of the world’s largest tyre manufacturers, some of the biggest gains have been made at the opposite end of the spectrum where the mid-range and economy brands we study have some of the biggest gains.
Continue ReadingDouble digit growth in September motorcycle sales
A total of 2,359 more motorcycles were registered in September 2016 compared to the same period in 2015. “September saw exceptional growth in the motorcycle market - recording a growth of 17.3 per cent following the 66-plate change,” said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.
Continue Reading![Used bike market trends ‘unusual’ – My Car Check](https://www.tyrepress.com/wp-content/uploads/2016/09/Ducati_Streetfighter.png)
Used bike market trends ‘unusual’ – My Car Check
My Car Check says the used motorbike, scooter and moped market has been irregular, as the riding season enters its final month. Rob Hobson said: “It really has been an unusual year in the used two-wheel market. Some traders say they are busier than ever, but against that used bikes advertised through the classifieds seem […]
Continue Reading![September brings used car market return – My Car Check](https://www.tyrepress.com/wp-content/uploads/2016/09/BMW_M_Sport_Touring.jpg)
September brings used car market return – My Car Check
Analysing the car market following the introduction of the 66 plate, head of valuation services at My Car Check, Gavin Amos says that the used car market has improved, while 4×4 sales remains strong. “The used market picked up throughout September with many dealers and traders reporting strong enquiry levels. For main agents, attention has […]
Continue Reading![Automotive cybersecurity market to reach $759M by 2023 – IHS Markit report](https://www.tyrepress.com/wp-content/uploads/2016/09/cybersecurity-chart.jpg)
Automotive cybersecurity market to reach $759M by 2023 – IHS Markit report
With nearly 112 million vehicles now connected around the world, the global market for automotive cybersecurity is expected to grow exponentially – to $759 million in 2023, according to a new report, ‘Automotive Cybersecurity and Connected Car’, from IHS Automotive, part of business information provider IHS Markit. Connected cars are defined as those that have a connection to the internet, through telematics, an on-board modem or a paired device in the vehicle, such as a mobile phone or other device.
Continue Reading![Grouptyre distributed brands expanding 4×4 fitments as segment interest grows](https://www.tyrepress.com/wp-content/uploads/2016/09/vauxhall-mokka.jpg)
Grouptyre distributed brands expanding 4×4 fitments as segment interest grows
With the number of new car registrations increasing and SUVs leading the way in new car sales, the desire for owning a 4x4/SUV has led to a surge in demand for tyres in this lucrative market, distributor Grouptyre confirms. SMMT figures for August 2016 bear this out – numbers seven to 10 on the bestselling new cars table are all crossover SUVs. With greater popularity, opportunity follows for tyre manufacturers, and the wholesaler states that its suppliers are continuing to develop product ranges to meet the demands of vehicle manufacturers and their expanding range of vehicles. All the evidence points to continuing growth for 4x4 tyre sales following on from 2015’s double-digit increases, as revealed in our March issue by market research specialists GfK Automotive.
Continue ReadingNFDA sees light commercial registrations rise, powered by mid-large vans
Light commercial vehicles’ sales rose 6.3 per cent compared to last year with 15,385 vans and light trucks registered, the latest SMMT commercial vehicle registration figures show. The most significant increase came from mid to large size vans, which grew by over 14 per cent. ‘Pick-ups’ and 4x4 trucks showed a minor growth, while sub 2.0t car-derived vans, often used by self-employed tradespeople, declined -5.2 per cent.
Continue ReadingFleets drive August growth in car registrations
The UK new car market achieved modest growth in August, as registrations rose 3.3 per cent against the same month last year, according to figures released by SMMT. 81,640 new cars were registered in the month, with year-to-date performance remaining positive, up 2.8 per cent to 1.68 million units.
Continue Reading![Used bike market ‘muted’ as YOY July registrations drop](https://www.tyrepress.com/wp-content/uploads/2016/08/Honda_Fireblade.jpg)
Used bike market ‘muted’ as YOY July registrations drop
The motorbike, scooter and moped sector is described as “muted”, with inclement weather and a contracting new bike market suggested as reasons for the relative inactivity. My Car Check’s Rob Hobson said: “It is very much a mixed report this month. New registration numbers for 2016 are still up, although July was down compared to the same month in 2015 – the first time that’s happened this year.
Continue Reading![August used car trends slow as expected, My Car Check suggests premium option](https://www.tyrepress.com/wp-content/uploads/2016/08/BMW_X1.jpg)
August used car trends slow as expected, My Car Check suggests premium option
My Car Check’s valuation experts have spoken about the significant trends in the UK used vehicle market for August, adding its car of the month. Head of valuation services at My Car Check, Gavin Amos, said: “Used car sales have slowed over the last month, which is only to be expected at this time of year.”
Continue ReadingJuly new van market ‘steady’ says SMMT
The new van market achieved a steady performance in July – down just -0.2 per cent – with nearly 25,000 new LCV registrations last month, according to figures released today by SMMT.
Continue ReadingSlight July car registrations increase gives reason to be cautious
Figures released by the SMMT show that UK new car registrations experienced a very slight increase in July, up 0.1 per cent for the month, at 178,523 units. 1,599,159 new cars have been registered so far this year, putting demand in the year-to-date 2.8 per cent higher than for the same period in 2015, following a strong first quarter. Fuelled by a possible inflection point in the market – two years of strong car registrations figures have built up a wave of two-three year old used cars that could detract from new car purchases – and the as-yet unseen effects of the Brexit decision, some are advising a note of caution.
Continue ReadingBrexit decision at ‘inflection point’ for car market – Close Brothers Motor Finance
Following the publication of the SMMT’s UK monthly automotive manufacturing figures for June, Chris Bosworth, director of strategy at Close Brothers Motor Finance, suggests that the current growth spurt may be coming to a close. The extent to which this will be affected by Brexit remains to be seen, Bosworth adds, though it coincides with what he calls an “inflection point” for the UK car market.
Continue ReadingUK car production continues to boom in June
UK car makers reported their 11th consecutive month of growth in June, according to figures released by SMMT. Production grew 10.4 per cent to 158,641 units – the highest level for the month since 1998, when volumes reached 172,232.
Continue ReadingBuoyant motorcycle sales continue in June
Commenting on statistics released by the Motor Cycle Industry Association, Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, said: “In spite of widespread concern over the referendum result, June registrations for new motorcycles were up 6.9 per cent over the same period last year”.
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