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October – Warmer weather chokes winter tyre sales; OE truck market weakness continues

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Mild weather is responsible for far fewer winter tyres being sold in the European market in October, reports Michelin. Statistics released by the tyre maker show a seven per cent year-on-year decline in replacement market passenger car and light truck tyres in Europe (including Russia and Turkey). This drop in sales follows year-on-year growth of one per cent in the third quarter of the 2014 and was not reflected in the original equipment market, which enjoyed a three per cent year-on-year increase in November. Between the start of the year and 31 October, the original equipment and replacement markets are respectively four per cent and two per cent higher year-on-year.

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Related news:

  1. Levelling off or still falling?
  2. European PCR market stagnant in May
  3. Guy Heywood named Hankook Tire Europe truck tyre marketing director
  4. Tyre demand declining 15 to 26 per cent in 2020
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Tyre production in China – where are the ‘tier one’ manufacturers?

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Although only a few Chinese tyre makers can be considered sizeable suppliers in the European market, a glance at the top names in the Chinese tyre market shows that exactly the same applies in reverse. The massive share held by the names at the top of the list also points to the trend towards consolidation within the market.

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Related news:

  1. Emissions inspections push Chinese tyremakers to the brink
  2. Chinese Manufacturers Focus on OTR Tyres
  3. Bridgestone increasing PCR capacity in China
  4. Michelin European distribution centre launch ‘Dawning of a new era’ in Stoke
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Tyre unit sales stabilised amongst ETRMA members during Q3 2014

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Unit sales for tyre makers belonging to the European Tyre and Rubber Manufacturers Association were stable in on-road segments during the third quarter of 2014, while the agricultural segment experienced a year-on-year decline. Unit sales of passenger car tyres increased 1.4 per cent to 58,409,000 pieces, a development the ETRMA attributes to a growth in new car registrations. Commercial vehicle tyre unit sales remained relatively flat, declining only 0.23 per cent to 2,552,000 pieces, while two-wheeler tyre sales were up 0.90 per cent to 1,797,000 units. The only area of the market where ETRMA members saw major movement was in the agricultural segment, and this was movement of the unwelcome variety, as unit sales dropped 8.97 per cent to 386,000 pieces.

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Related news:

  1. 30th consecutive month of growth in UK car registrations – SMMT
  2. Looking up? Why there’s more room for tyre demand improvements
  3. Continental: UK car tyre market stable, getting larger and AFV fitments growing
  4. The Brexit effect: certain uncertainty
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30th consecutive month of growth in UK car registrations – SMMT

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SMMT August 2014 car reg graph

Traditionally a fallow month ahead of the introduction of new plates, August has continued the trend of new car registration growth in the UK. Announcing the figures, the Society of Motor Manufacturers and Traders revealed that 72,163 new cars were registered in August, a 9.4 per cent rise on August 2013 and the 30th consecutive month of growth. Anticipation is now growing for September, usually a far busier month on the back of the plate change.

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Related news:

  1. February marks two years of growth in UK car sales
  2. 2016 car sales peak at 2.7 million units
  3. SMMT urges government to back new-tech diesel following market decline, uncertainty
  4. UK new car market down a third as tentative restart reveals subdued demand
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European new car sales continue YOY growth – JATO Dynamics

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JATO Dynamics’ latest report suggests that the European new car market is showing no sign of slowing down. July sales are up 5.4 per cent year-on-year, with the majority of Europe’s bigger markets in positive growth for the month. The five largest markets have all grown year-to-date.

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Winter tyre growth in cyclical decline, but UK a market for all seasons

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GfK winter tyres infographic 2013-14

In Tyres & Accessories’ August 2013 Winter Tyre feature, we discussed the UK tyre industry’s continued deliberate steps towards the development of a winter tyre market, and the possibility offered by all-season tyres (which we’ll come to later). While the figures showed that sales of specialised products represent a much greater share of the market than you might have thought in the winter months, the correlative spikes in this figure remain confined to the months in which the weather is coldest. Market analyst GfK’s latest infographic on winter tyres, displayed on this page, goes further towards showing that this trend is prevalent even within the October-January period where winter tyre sales are most popular.

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Related news:

  1. UK car drivers increasingly interested in all-season tyres
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  4. UK winter tyre sector is growing
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European tyre markets up across all segments in 1H 2014

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The European Tyre and Rubber Manufacturers Association (ETRMA) has published figures showing that is members experience sales increases across all segments in the first half of 2014.

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Related news:

  1. Tyre unit sales stabilised amongst ETRMA members during Q3 2014
  2. Sales of European consumer, truck tyres up, imports enjoy higher growth
  3. ETRMA: Tyre sales down in Q2 2016
  4. 2018 UK truck tyre market data overview
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Pirelli figures suggest improved European tyre demand

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The latest Pirelli tyre market watch figures suggest demand is continuing to improve in the European market in both the original equipment and replacement sectors.

First off the European car tyre market (excluding Russia) showed a positive trend in April despite the unfavourable comparison.

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Related news:

  1. Tyre demand declining 15 to 26 per cent in 2020
  2. ETRMA: Tyre sales show double digit growth in 1Q 2014
  3. Pirelli’s Tronchetti Provera: “In Russia we will continue to grow”
  4. Tyre Market Data Shows Growth in All Regions
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New Volkswagen record as 1.99M passenger cars delivered

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Volkswagen has delivered nearly two million passenger cars in the first four months of 2014, setting a new record for the period. 1.99 million vehicles were handed over to customers in the period to April, representing an increase of 4.6 per cent (January-April 2013: 1.91 million). Christian Klingler, board member for sales and marketing for the Volkswagen Group, attributed the success to “good sales developments in China and Europe” and “sustained high demand” for heritage products such as the Golf, now in its seventh generation.

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Related news:

  1. Yokohama Philippines capacity to increase 143% by 2017
  2. Healthy European market growth in December
  3. Passenger Car Tyre Markets Show Strong Growth in Feb – Michelin
  4. Strong start to 2014 for European new car sales
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ETRMA: Tyre sales show double digit growth in 1Q 2014

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The European Tyre and Rubber Manufacturers Association (ETRMA) has welcomed first quarter 2014 figures compile from members’ sales and showing the years has got off to a good start. However, we also have to remember that the comparison with the same period 2013 is putting the figures against a low base.

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Related news:

  1. Tyre s-marking statutory instrument delayed
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Average England and Wales commute lengthened over last decade

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Average commute by UK region

The latest census data has revealed that the average distance travelled by commuters to work has increased in all English regions and Wales. The Office of National Statistics analysis of the 2011 Census shows that while those commuting regularly are averaging greater mileage, five per cent fewer workers made regular journeys to work than in 2001.

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  4. Conti: UK market 35 million units
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Petrol duty frozen in 2014 UK budget announcement

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British chancellor of the exchequer George Osborne has opted to freeze fuel duty as part of his 2014 budget statement, given today (19 March) in the House of Commons. Arguably the most tyre-specific announcement after the freezing of fuel duty was the news that an extra £200 million for pothole maintenance.

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Related news:

  1. Chancellor skips over fuel duty concerns in 2012 budget
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Strong start to 2014 for European new car sales

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According to the latest new car sales analysis from automotive intelligence provider JATO Dynamics, there was a much healthier start to 2014 for the European new car market compared to one year ago, with January sales up 4.9 per cent on last year at 965,406 vehicles. Building on a strong finish to 2013, 44,823 more […]

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Related news:

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  4. Euro car registrations continue to drop
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Healthy European market growth in December

The latest market figures from Michelin were released on 23 January, and these show across the board year-on-year growth taking place within the European tyre market in December 2013. These results for Europe include the Russian and Turkish markets. Original equipment passenger car and light truck tyre sales were eight per cent up on December 2012, while replacement market tyre sales expanded by one per cent. Michelin noted that growing markets experienced a slight decline in Western Europe due to winter tyre sales. Heavy truck tyre market growth was even more pronounced and experienced what Michelin called a ‘technical rebound’. In December, the original equipment market was 26 per cent above where it was a year earlier and the replacement tyre market was 12 per cent higher.

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Related news:

  1. European OE Truck Tyre Market Swells, PCR Slips in August
  2. Michelin: “The Crisis has not Called our Strategic Goals into Question”
  3. Tyre volumes still declining
  4. Analysts: Michelin/Double Coin JV dramatically increases Chinese tyre capacity
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All segments up in September

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Figures released by Michelin this week add further weight to the ETRMA’s suggestion of recovery being evident in recent European market developments. The French tyre maker reports growth in both the passenger car/light commercial vehicle and heavy truck markets in Europe (including Russia and Turkey) during September.

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Related news:

  1. Michelin releases latest market figures
  2. European market growth moderate in October, reports Michelin
  3. European PCR, OE truck markets down in March
  4. Tyre markets – June 2013
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