Car registrations Archives - Page 13 of 15 - Tyrepress

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UK Car Registrations Total Less than 2 million in 2009

Despite the positive impact of the scrappage scheme the recession led to the lowest annual sales in the new car industry for almost fifteen years. According to data released by the SMMT, full year registrations were down 6.4 per cent to 1,994,999 units in 2009, the lowest level since 1995. New car registrations rose in December by 38.9 per cent to 150,936 units.

What’s worse is that the situation would have ben dire had it not have been for the scrappage scheme backed by both manufacturers and the government. Since its introduction, the scrappage scheme has accounted for over a fifth of all new car registrations and is estimated to represent 20.8 per cent of the December market.

7th January 2010/by Tyrepress Editors

New Car Registrations Continue to Grow in November

New car registrations in Europe EU27 + EFTA) rose 26.6 per cent to 1,182,082 in November 2009, a far cry from the 25.8 per cent drop in the same month last year. Western Europe’s increase of 30.6 per cent contrasted with a 16.7 per cent drop experienced by the new EU Member States and reflects the impact of fleet renewal schemes in a number of main Western European markets. The UK market, for instance, shot up 57.6 per cent to 158,082 new registrations in November – although, admittedly, November 2008 was the month of steepest decline during the 15-month run of falling volumes between May 2008 and June 2009. Scrappage accounted for 21.6 per cent of all new car registrations during the month.

16th December 2009/by Tyrepress Editors

Passenger Car Registrations Up in September

European passenger car registrations in September received a boost from markets with government sponsored scrappage schemes in place, particular those countries where the schemes are winding up. The whole European market rose 6.6 per cent and the Western European by 9.6 per cent during the month compared with September 2008, the largest leap since 1999. In absolute figures, however, September 2009 registrations stayed below the levels reached since 2002.

16th October 2009/by Tyrepress Editors

New Car Market Begins to Pick Up

The market for new passenger cars in Europe (EU27 and EFTA markets) displayed a modest increase of 2.4 per cent to 1,461,859 units in June on the back of scrappage incentive schemes in operation in more than ten EU Member States. June’s figures represent the first market increase in 14 months. Accumulative figures for the first half of 2009 show an 11 per cent drop in European new car registrations compared to the same period in 2008, with a total of 7,425,762 new cars registered compared to 8,346,828 the year before.

15th July 2009/by Tyrepress Editors

“Bangers for Cash” Slows Falling UK Car Sales

While it seems that nothing short of a miraculous jump in car sales would persuade some that the UK government’s scrappage scheme could be described as a success, June’s new car registrations have shown that there has at least been some positive impact from the action taken, with the figure continuing to fall, but at its lowest rate in 12 months. 176,264 new cars were registered in the month, meaning a fall of 15.7 per cent in comparison with last year’s sixth month; a figure which may leave some perplexed as to why this is such a positive sign. However, there is a strong case for adding the word “only” to the beginning of that figure, seeing as this is the lowest dip into negative figures since July 2008 and that year-to-date demand has fallen proportionally two-thirds as much again, at 25.9 per cent. Therefore it would be churlish to say the scheme has had negligible impact, especially since this slowing of the downward spiral has taken into account only the first few weeks of the scheme’s inception.

6th July 2009/by Tyrepress Editors

Credit Crunch Impacting Tyre Sales

With new car registrations at a historic low point, new evidence suggests money conscious consumers are cutting corners when it comes to tyres. According to a report released by independent tyre dealer network Protyre, there is mounting evidence that motorists are delaying replacing worn and defective tyres. This false economy is putting drivers, passengers and other road users in danger of an accident or the potential for prosecution.

Protyre’s survey reveals that over three quarters of motorists visiting their 31 outlets had at least one defective or badly worn tyre, up dramatically on a year ago. Protyre technicians have also discovered that drivers of family cars seem to be more responsible than owners of premium vehicles, with a lower percentage of family cars having more than one defective tyre compared with premium models – the cars usually fitted with lower profile tyres.

25th September 2008/by Tyrepress Editors

Passenger Car Registrations Continue Downward Trend

Passenger car registrations in Europe (EU and EFTA) continued to fall in year-on-year comparisons made in August 2008. Figures released by the European Automobile Manufacturers’ Association show that registrations in August fell 15.6 per cent, from 955,000 to 806,000 in year-on-year monthly comparisons. Additionally, August figures show a 3.9 per cent reduction in new PC registrations in the period January-August 2008 compared with the same period in 2007.

More specific figures for August were also released, showing that new car registrations fell 16.5 per cent in Western Europe, with Ireland (-41.6 per cent) and Spain (-41.3) nursing the greatest haemorrhages. Thumbing its nose at the trends in the rest of the region, Portugal managed to post a growth of 4.8 per cent in new car registrations, though it was the only country to do so. Italy (-26.4 per cent), the UK (-18.6), Germany (-10.4) and France (-7.1) all saw falls.

18th September 2008/by Tyrepress Editors

UK Car Registrations Lowest Since 1966

New car registrations fell through the floor in August to their lowest level since 1966. The news prompted the SMMT to call on government to kick-start consumer confidence. “August is one of the quietest months for the new car market, but this year it was the lowest since 1966 with only 63,225 registrations,” said Paul Everitt, SMMT chief executive.

4th September 2008/by Tyrepress Editors

New EU Member States Fuel Rise in Car Registrations

The European Association of Car Makers (ACEA) reports that nearly 16 million new cars were registered in the 27 European Union member states plus 3 EFTA countries (Iceland, Norway and Switzerland) during 2007, 1.1 per cent more than the previous year. Most of this growth, as expected, took place in the new EU member states, with 14.5 per cent growth recorded during the year. A number of factors led to restrained buyer confidence in Western Europe, where registrations only rose by 0.2 per cent.

17th January 2008/by Tyrepress Editors

UK New Car Registrations Up 2.5% in 2007

New car registrations in the UK were the sixth highest on record in 2007. During the year registrations rose 2.5 per cent to 2,404,007 units, surpassing the forecast figure by 90,000 units. Of this, diesel vehicles accounted for a record 40.2 per cent, at 967,436 units an increase of 7.66 per cent over 2006 figures. Also higher last year were registrations of supermini and small family cars, up 17,729 and 25,084 units respectively.

“Last year, demand for new cars was stronger than many had predicted,” said the Society of Motor Manufacturers and Traders (SMMT) CEO Paul Everitt. “There is little sign that the US credit crisis or rising fuel prices have affected demand and we foresee only limited changes through 2008. The UK economy currently remains resilient and the new car market is ultra-competitive.”

9th January 2008/by Tyrepress Editors

UK Car Registrations up in June

New car registrations in the UK rose slightly during the month of June, with the European Automobile Manufacturers Association (ACEA) recording 222,863 passenger cars registered during the month. This is 1.5 per cent more than the June 2006 figure of 219,497. Europe-wide results varied, with registrations in newer EU member states increasing by double-digit amounts – the greatest increase was recorded in Slovakia, where registrations were 56.1 per cent higher in June 2007 than June 2006, at 32,679 units. Germany, on the other hand, experienced a 7 per cent drop in registrations compared with a year earlier, the result of January’s increase in VAT. Vehicles from the VW Group – Volkswagen, Audi, Seat and Skoda – continued to be the biggest sellers in Western Europe, selling 276,498 units and taking 19.3 per cent of total market share.

13th July 2007/by Tyrepress Editors

UK Car Registrations Up During March

New passenger car registrations across Europe during the month of March were recorded as 1,822,180 units, approximately the same as March 2006. In the UK registrations were up 3.1 per cent, with some 449,287 new registrations during March, a strong new car registration month due to the half-yearly plate changeover.

New EU member states again showed the greatest increase in registrations, a 13.6 per cent rise overall. Poland’s March 2007 registrations were the highest recorded since it joined the EU, a 29.4 per cent jump to 27,969 registrations, and confirm the recovery of new car sales in this country. Estonia recorded an even more impressive 59.5 per cent increase, although it must be noted that total registrations for that country during March were only 2,881.

16th April 2007/by Tyrepress Editors

Passenger Car Registrations Show Mixed Results

Passenger car registrations across the 15 established European Union states are showing signs of a slight decrease compared with 12 months ago, according to figures released by the ACEA on March 15. Throughout this entire region a total of 975,666 new passenger cars were registered in February 2007, a 3.5 per cent dip compared with February 2006 registrations. The scenario in the UK market was in line with this trend, with February 2007’s new car registrations – 73,586 new passenger cars – 3.2 per cent lower than the number recorded a year before. However new car registrations are traditionally low in the UK during February due to the March number plate changeover, and it must be pointed out that combined January/February 2007 new car registrations totalled 239,189, a 2.5 per cent increase on 2006 and bucking EU15 trends, where a 1.5 per cent decrease was recorded.

16th March 2007/by Tyrepress Editors

Hungary Attracts International Tyre Companies

Hungary is one of the few Eastern European countries in which there is no traditional automobile industry. Among the few well-known companies the bus manufacturer Ikarus (one of Eastern European market leaders) is the most commonly known. Nevertheless since the early 1990s some Western manufacturers have installed production or assembly plants there, namely General Motors, Suzuki and Audi. (Audi Hungary Kft is actually the second biggest company in the Hugarian economy). These foreign investments were partly induced by tax exemptions and other incentives like tax-free import of parts, etc. Last year 136,130 cars were produced in Hungary and new car registrations almost reached 200,000 units. This is when Hungary becomes of interest to Western tyre manufacturers.

1st December 2006/by Tyrepress Editors

European New Car Market Grows 2.7 per cent to May 2006

Jato Dynamics’ analysis of new car registrations in the EU and EFTA region for the first five months of 2006 shows that the overall European market for new cars rose by 2.7 per cent compared with the same period in 2005, to a total volume of 6,918,355 units.

Year-to-date (YTD) growth was significantly higher than in April, due to an overall rise of 10.6 per cent in the European market for new cars in May 2006 (a total volume for the month of 1,455,421 units).

24th July 2006/by Tyrepress Editors