In its new report on the British tyre market, TechSci Research calculates the total value of the UK tyre market this year to be around US$5 billion, or approximately £3.2 billion. The report, titled ‘United Kingdom Tyre Market Forecast & Opportunities, 2019’, opines that tyre demand in the UK will be boosted in the coming five years by anticipated growth in the country’s automotive industry and expansion of the overall vehicle parc.
The number of supercar buyers in the south of the UK is more than double that of those in the north, reveals research by luxury car funding firm Oracle Finance. The supercar finance company has delved into its deal history from the last 12 months and has found that 48 per cent of its buyers came […]
Wheel alignment specialist Pro-Align has announced its intention to offer further support to commercial vehicle operators and tyre suppliers with the creation of a new Commercial Vehicle/Fleet alignment division in 2015. With the planned introduction of a unique, innovative commercial vehicle aligner, Pro-Align aims to make it easier than ever before for truck, bus and […]
Euro Car Parts appoints new supply chain/e-commerce head
Euro Car Parts has appointed Sukhbir Kapoor as vice president (VP) for Supply Chain and E-commerce. According to LKQ Corporation, which owns Euro Car Parts, Kapoor will coordinate the company’s pan-European strategies and activities in supplier relationships, global sourcing, inventory, category management, brands and concepts, cataloguing, e-commerce and pricing. Kapoor joins the board of Euro […]
Findings from the European Commission’s review into the process of access to vehicle repair and maintenance information have been welcomed as ‘another major step forward’ by the Independent Garage Association (IGA).
At the end of 2013, the Commission appointed Ricardo-AEA, a UK based agency, to carry out a study on access to vehicle repair and maintenance information for independent operators, and the results have confirmed the IGA’s stance that although the situation has improved in recent years, we are still some distance from a “level playing field”.
The recent massive fall in the price of oil continues not to be reflected at the pumps. FairFuelUK is repeating its call for a full pricing enquiry into why prices are not being passed onto consumers every time they fill up their vehicles. Following a meeting with FairFuelUK, Priti Patel the Exchequer Secretary to the […]
RAC Garage Compare.co.uk is being formed by a new partnership between the RAC and The Motorists Organisation, the company behind the former TootCompare site, and is being supported by an extensive consumer marketing campaign. Working on the same principles as comparison websites covering products such as motor insurance and other financial products, RAC Garage Compare […]
Landsail tyres, which are produced by Qingdao Sentury Tire Co. Ltd in China’s Shandong province, are offering their tyres for magazine testing in a bid to demonstrate the quality of its products. According to the company, the move made as the Landsail brand reaches its fifth anniversary, follows accelerated investment in engineering, production capabaility, and […]
SMMT has announced that Gareth Jones, managing director of ebm-papst Automotive and Drives UK will be president in 2015 effective 1 January. Gareth Jones has more than 26 years’ experience within the ebm-papst group, operating in the manufacturing supply chains of many global industries including automotive, telecommunications, rail, consumer electronics, white goods and retail. He is an engineer with a wide range of experience across many business environments.
As the evenings draw in and the temperatures drop, people not only make preparations for Christmas, but also consider the pros and cons of the last 12 months as well as look forward to next year. When it comes to the tyre business it is no different, I am sure we are all looking forward to our Christmas break – but this is also the season for stock-taking, both metaphorical and literal.
Whatever their impact on recent political manoeuvring, white vans are more popular than ever. Indeed 57 per cent of van drivers choose the colour white, according to the latest data published by Direct Line for Business following a government Freedom of Information request (FoI). According to the data, the number of Light Goods Vehicles (LGVs) on our roads has increased by over 700,000 (26 per cent) since 2003 to 3.35 million. There are also more vans on our roads than ever before, with the number of registered LGVs in Britain increasing by over 700,000 (26 per cent) since 2003 to 3.3 million in 2013.
Andrew Page experienced ‘double digit growth’ in 2014
Leading autoparts and workshop equipment distributor, Andrew Page, is reporting a strong close to 2014 with high hopes continuing into 2015. “In the past six months we have seen double digit growth in group sales which is remarkable,” said Simon Mullin, sales & marketing director of Andrew Page, adding: “We achieved record sales for Garage […]
Tyre labelling ‘debacle’; ‘4-6.5m part worn tyre sales’
RH Claydon’s John Parker gave his first Tyre Wholesalers Group speech as chairman at the group’s annual lunch in November. Parker covered the current state of the market, before summing up current views on part worn tyres and tyre labelling, the latter of which he labelled a “debacle”. Attending the event, Tyres & Accessories reports the contents of Parker’s speech below. Parker contextualised what he had to say with current UK market figures. Saying that the consumer tyre replacement market has “stabilised at about 34m units give or take”, he reserved judgement on whether this represented a corner starting to be turned, while noting that this did not take into account part worn sales.
Everything pointed to UK tyre market growth in 2014, but…
Without being too dramatic, 2014 was a bit of a disappointment. All the macroeconomic and sector-specific indicators seemed to point to 2014 being the year when the tide turned and when sell-out replacement tyre volumes finally started growing again. And yet the market looks like it is going to be down again when the full-year 2014 figures come in. Despite being a fully mature market, the UK car tyre replacement sector has basically been on varying degrees of a downer for the last six years. Things are not as bad as they were, but they certainly aren’t showing the signs of slow, stable growth they once were. With all this in mind, Tyres & Accessories spoke with GfK automotive account director Kevin Glynn in order to get a handle on what happened this year and what we can expect in 2015.
The National Franchised Dealers Association is holding its annual meeting and dinner for Northern Ireland members today in Belfast. The association, which represents commercial vehicle and franchised car retailers across the UK, will discuss and analyse the new and used car market both in the UK and Northern Ireland. The meeting will also include a […]
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