Avon Tyres supplies slick tyres for Rodin FZED single-seater
AvonRodin Cars has enlisted Avon Tyres to supply its radial slick tyres for its new FZED single-seater, which is on sale for £500,000.
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Massive drop in trailer production projected in 2020
Elevate; Pexels.In April 2020 many European countries reached the peak of new infections resulting from the coronavirus, something that is likely to lead to a massive fall in trailer production in the second and third quarters of 2020, according to analysts Clear. During April many trailer manufacturers closed their business in April in order to comply with government recommendations on social distancing but also because there was little or no business to be done. Now manufacturers are having to consider how they can resume production to at least meet the low level of demand that will exist in Q2 2020.
SMMT March numbers do not reflect extent of lockdown damage – KPMG
SMMTAnalysts have warned that the dire effects of the COVID-19 pandemic on car production are not fully reflected in the March figures, released today by the Society of Motor Manufacturers and Traders. Andrew Burn, partner and head of automotive at KPMG UK said that while the March data shows that conditions were difficult, April’s numbers will show the full extent of the effects of the UK lockdown on the sector.
Brembo Italian brake manufacturing operations reopen
BremboEffective Tuesday 28 April 2020, Brembo has reopened its Curno, Mapello and Sellero (Italy) Italian brake manufacturing operations, product at which was temporarily suspended on 16 March 2020 due to the emergency Covid-19 situation.
UK car production fell 37% in March 2020 – SMMT
SMMTUK car manufacturing fell -37.6 per cent in March, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). 78,767 vehicles left factory gates in the month, some 47,428 fewer than the previous year, as the coronavirus crisis caused UK car plants to close. 140 days-worth of lost production have been lost as a result.
Tyre demand declining 15 to 26 per cent in 2020
energepic.com; PexelsThings are changing so quickly at the moment that most analyses end up little more than speculation two weeks later. That’s why Tyrepress contains both the latest news and seeks to set such developments into their medium- and long-term contexts. Take our Tyre Retail coverage for example (see “2020 UK tyre retail ranking” and “Which garages are open during lockdown“) where we list both the current proportions of open tyre retailers and analyse the overall UK tyre retail landscape in its seven-year context.
New Geneva Motor Show CEO appointed
Geneva Motors ShowSandro Mesquita has been appointed as Geneva International Motor Show (GIMS) CEO effective 1 May 2020. He succeeds Olivier Rihs, who has left GIMS at the end of March.
Italian auto suppliers ‘at risk’ if supply chain remains closed – Brembo chairman
Assero Gear via Flickr; CC BY-ND 2.0Italian automotive suppliers are at risk if measures that have shut down the supply chain aren’t lifted next week, Brembo chairman Alberto Bombassei has said.
UK motorists drive over 40 million cars and vans
SMMTThe UK vehicle parc passed 40 million for the first time, according to new Motorparc data released today by the Society of Motor Manufacturers and Traders (SMMT). The UK’s largest automotive analysis reveals that more than 35 million cars and five million commercial vehicles were in use in the UK in 2019, representing a 1.0% increase on the previous year.
Bridgestone EMIA resuming manufacturing
Bridgestone EMIA has announced that it is gradually resuming manufacturing operations across its network in response to “business and customer needs”.
UK new car sales fell 44.4% in March due to coronavirus
The UK new car market declined -44.4 per cent in March, according to the Society of Motor Manufacturers and Traders (SMMT). 203,370 fewer cars were registered than in March 2019, as showrooms closed in line with government advice to contain the spread of the coronavirus.
Lamborghini producing surgical masks and medical shields
Lamborghini is converting part of its production plant in Sant’Agata Bolognese in order to produce surgical masks and protective medical shields for the Sant’Orsola-Malpighi Hospital in Bologna, which is involved in the fight against the Covid-19 pandemic, in collaboration with the University of Bologna. The Department of Medical and Surgical Sciences will oversee validation testing of the medical devices made by Lamborghini, prior to their delivery to the hospital.
Test World open for indoor testing
Test World reports that it is remaining open to “operate and fulfill a busy schedule of indoor tyre and vehicle testing during the global COVID-19 pandemic”. Writing in an email to customers and contacts published 31 March 2020, company representatives said: “Operating within official health guidance to the strictest degree and treating the health and wellbeing of its staff as the utmost priority, Test World strives to minimise disruption to the industry in these unprecedented times.”
Analysts upgrade Conti despite OEM shutdowns
Financial analysts have upgraded Continental AG shares to buy on the basis that car manufacturer shutdowns will only be a limited measure. Writing in an investors note dated 25 March, Jefferies analysts explained their rationale:
The tyre business is keeping countries rolling
By the time you read this a quarter of the world will be on some kind of lockdown along with virtually every car plant in Europe and many tyre factories. We are in uncharted territory. And, as ETRMA secretary general Fazilet Cinaralp said recently, we have to brace ourselves for “one of the biggest challenges our industry has ever faced”. And yet there have already been numerous examples of endeavour, enterprise and generosity in the face of such adversity.
