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Bridgestone Serbian Sales Up

Bridgestone is currently selling 25,000 tyres annually in the Serbian and Montenegrin markets, local news sources have reported. This figure was revealed by the company’s country manager for Serbia Goran Kočovski, who added that the sales of truck and passenger vehicle tyres were at equal levels. According to one local newspaper, Bridgestone holds a 10 per cent share of Serbia’s truck tyre market, and plans to double the sales in five years’ time. The company is reportedly aiming to increase passenger car sales 20 to 30 per cent a year in the area.

29th March 2007/by Tyrepress Editors

EU Passenger Car Tyre Sales up 12 per cent

European passenger car sales grew 12 per cent during May (up 2.5 per cent year-to-date), while the truck tyre market is said to have grown 17 per cent (up 1 per cent year-to-date). Deutsche Bank analysts report that the figures sourced from Michelin point to a completely different story in North America.

20th June 2006/by Tyrepress Editors

Chinese Car Sales Power Ahead

Sales of cars in China during January were better than expected, according to figures from Deutsche Bank. At 307,000 units, this was a 70 per cent increase year on year, due partly to the pull forward effect of the Chinese New Year. Analysts forecast volume growth during this year of 53 per cent for passenger cars, with a string of new models in the pipeline, including the Honda Civic, Peugeot 206, Citroen C3, Nissan Silphy and MPV.

21st February 2006/by Tyrepress Editors

ATSE Appointment Strengthens CV Position

ATS Euromaster has made its third significant appointment to its national sales team in four months signalling the clearest indication yet of its plans to become market leaders in the fleet car and commercial vehicle tyre service sectors.

20th January 2006/by Tyrepress Editors

Record Number of Automobiles Sold in Mexico in 2005

(Akron/Tire Review) A record 1.13 million automobiles were sold in Mexico in 2005, up 3.3 percent from the year before, the Mexican Automotive Industry Association, or AMIA, announced on Tuesday.

17th January 2006/by Tyrepress Editors

New National Car Sales Director appointed at ATS Euromaster

Russell Fleetwood has literally stepped up a gear at ATS Euromaster. ATS Euromaster has named the 39-year-old as its new national car sales director, a position he immediately takes over after just one year as one of ATSE’s divisional sales managers.

15th December 2005/by Tyrepress Editors

India’s Car Sales Slow

(India/Rubber Asia) Passenger car sales in India during the first six months of 2005 slowed down compared to the same period last year, according to Anang D. Jena, research director, Synovate Motoresearch. Total production of passenger cars in the January-June 2005 period was about 505,951 units, up by 12.5 per cent over the corresponding period last year. However, total sales during the period stood at 530,811 units, up only by 7.6 per cent over the same period last year.

9th September 2005/by Tyrepress Editors

European Car Sales on the Increase

Northern European car sales are set to increase by up to 9 per cent, market analysts from Deutsche Bank are predicting. According to the bank sales could turn out strongly rising roughly 9 per cent. The reason behind the growth is said to be down to a number of factors including an 11 per cent increase in the German market, two additional selling days in the month and a number of significant launches.

8th December 2004/by Tyrepress Editors

TIA Help Hurricane Recovery

The Tire Industry Association (TIA) has announced that it will offer resource assistance to its members in Florida, South Carolina and Georgia who were affected by Hurricanes Charley and Frances.

9th September 2004/by Tyrepress Editors

Chinese Car Sales Slow

Chinese car sales growth has slowed considerably. In the first quarter of this year car sales grew 44 per cent, in the second quarter they grew 22 per cent. By July sales growth slowed down to four per cent and now the booming sales figures appears to be stabilising as sales only increased by 0.1 per cent in August. The Chinese market will continue to be a force to be reckoned with, not simply due the country’s large population but also because year-to-date the automotive sales have grown by 21 per cent. Analysts are forecasting that the numbers will be similarly weak in the fourth quarter of this year.

9th September 2004/by Tyrepress Editors

VW Cuts Output In Mexico

Falling car sales in the USA have led VW to announce a cut in output at its plant in Mexico by 23 per cent. The move will entail laying off around 2,000 workers and contrasts with news earlier in the week that VW has approved an increase in production at its Chinese operations. Last year, China took over from Germany as VW’s largest single market.

4th July 2003/by Tyrepress Editors

Massive Leap In Indian Car Sales

Car sales in India rose by 41 per cent in May, following an excise duty cut of eight per cent. Unit sales in May totalled 55,166, compared with 39,150 units for May last year.

18th June 2003/by Tyrepress Editors

Traders Forecast China “Will Be World’s Largest Rubber Consumer”

Commodities traders are predicting that China will soon outstrip the USA as the world’s biggest consumer of rubber, importing one million tonnes this year and producing 400,000 tonnes itself. Demand from the tyre industry accounts for 80 per cent of this figure, as car sales increase to an estimated one million this year – a 40 per cent increase over last year. Sumitomo Rubber has announced that it would begin radial tyre production next April in China for both home and export markets.

26th July 2002/by Tyrepress Editors

May European Car Sales Fall

Sales of new cars in Europe during May fell by 8 per cent to 1.29 million vehicles; the largest drop for fifteen months. Of the five biggest markets, only the UK showed growth, while sales in Germany declined 14 per cent, Italy down 11 per cent and France down 8.6 per cent. The German figure was influenced by strikes at a number of car plants during May. Industry experts describe the west European car market as “being in the doldrums” and some predict that it will continue to fall until next year.

13th June 2002/by Tyrepress Editors

Car Sales In May Set New Record – In The UK

British motorists continued to flock to the car showrooms in May, when 208,669 new cars were registered. This marked the 20th consecutive month of growth in the car market and easily beat the previous record of 199,258 new registrations set in 1989.

11th June 2002/by Tyrepress Editors