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.
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”.
June CV registrations mean record van sales for first half 2016
Overall light commercial vehicle demand was up 2.7 per cent in June with 36,700 units registered. New van market reached record levels in the first six months of 2016, increasing by 3.0 per cent compared to last year, to 191,996 units.
Record six months for new car market, though June demand contracts – SMMT
The first six months of 2016 have seen new car registrations grow by 3.2 per cent in total, with 1,420,636 registered so far, according to figures released today by SMMT. This represents the best half-year performance ever recorded, though demand has levelled off in recent months, culminating in a slight fall (-0.8 per cent) in June 2016.
In May 2016, European passenger car registrations showed double digit growth marking 33 consecutive months of growth. Year-to-date, the market grew by 9.9 per cent, totalling 6.4 million units. “It is extremely positive to see that European new passenger car registrations rose 16.0 per cent in May, reaching 1,288,220 units,” said Sue Robinson, director of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers across the UK, commenting on figures published by ACEA (European Automobile Manufacturers Association).
Overall demand for motorcycles is up 7.5 per cent in the latest year-to-date figures. Commenting on the Motor Cycle Industry Association new bike registrations statistics, Stephen Latham, head of the National Motorcycle Dealers Association (NMDA), said: “Demand for motorcycles continued to grow in May with a 3.5 per cent increase over the same period last year.”
The UK new van market saw steady growth in May 2016, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). Demand for new light commercial vehicles (LCVs) rose 1.9 per cent, with more than 28,000 hitting British roads – the highest number on record for the month.
Demand for new cars in the UK remained stable in May with a steady 2.5 per cent growth in registrations, according to figures released by The Society of Motor Manufacturers and Traders (SMMT). 203,585 cars were registered in the month, May’s highest total since 2002.
NFDA salutes 32 months of growth in European car registrations
“We are pleased to see that passenger car registrations in the EU continued to perform well in April marking 32 consecutive months of growth”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers across the UK, commenting on figures published by ACEA (European Automobile Manufacturers Association).
New figures from the Society of Motor Manufacturers and Traders (SMMT) released to coincide with the opening of the 2016 CV Show indicate that the number of vans on Britain’s roads has hit an all-time high of 4 million; a 4.3 per cent increase since the previous year.
Micheldever’s Protyre retail chain is UK’s fastest growing
This year’s UK tyre retail ranking shows that the fastest growing tyre retailer is Micheldever’s Protyre chain, which added some 21 branches to its network in the last year – by far the fastest growth (both in terms of branch count and growth percentage) of any tyre retailer we are tracking. Nevertheless, ETEL remains the largest overall and is also the fastest faller, with the company running 9 points of sale less than in our 2014/2015 research. However, context makes a big difference, so for more on both these stories, read on.
Shortage of product contributes to modest increase in motorcycle sales – NMDA
High expectations of growth in motorcycle sales for March 2016 were tempered somewhat by low product supply. While the market started strongly this year, overall growth was only 1.6 per cent compared with March 2015. “Following a strong start to 2016, the NMDA had high expectations that March would follow suit on the back of the new 16-plate change, however the market was up by only 230 bikes compared to March 2015 – marking an overall growth of just 1.4 per cent”, said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.
“The National Franchised Dealers Association (NFDA) is encouraged by the continued increase of passenger car registrations in the EU marking the 30th consecutive month of growth”, said Sue Robinson, director of the NFDA, commenting on figures published by ACEA (European Automobile Manufacturers Association). The NFDA represents franchised car and commercial vehicle retailers across the UK.
Figures from the Motor Cycle Industry Association show that 4972 bikes were registered last month – 987 more than February 2015. Confidence in the economy and high employment figures were cited as two contributing reasons.
Indonesia set to become main ASEAN automotive production hub, says report
There is strong evidence Indonesia will eventually replace Thailand as the main automotive production hub in the Association of Southeast Asian Nations (ASEAN), according to Markus Scherer, global automotive sector leader at Ipsos Business Consulting. This could have major implications for automotive manufacturers and suppliers as well as policy planners in both countries, Scherer said.
If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.
