Ultra-Seal reports that “an increasing number of customers” are being convinced of the tyre sealant’s benefits in terms of cost savings, reducing breakdowns and decreasing CO2 emissions. According to the company, both current and new customers are reducing tyre-related breakdowns by 50-75 per cent and increasing tyre life “substantially”.
Since the last report in May, Clear market research analysts are now reporting that several West European economies have had their forecasts for 2019/20 economic growth downgraded yet again. In the first six months trailer demand was up by 0.4 per cent but a fall of 14.9 per cent is forecast for the second half. As a result, the market will be down 6.6 per cent for the year.
Renault’s best-selling SUV is fitted with Goodyear’s 215/55 R18 95H EfficientGrip Performance tyres, after being chosen as one of the main tyre suppliers. Goodyear will also supply 215/60 R17 96H EfficientGrip Performance tyres.
In the USA, Yokohama Avid S34RV tyres have been selected as OE on the 2020 Chrysler Voyager. The fitment covers the North American market, including Canada and Mexico, in size 235/65R17 104T. The Voyager is now available for purchase.
The global automotive industry is currently facing serious economic headwinds and declining sales, leaving industry players wondering if millennials—who currently make up one-third of the world’s population—will drive the industry forward or break from past generations on vehicle ownership. The Millennials and Auto Trends Report released by Duff & Phelps, the global advisor that protects, restores and maximises value for clients, shows that concerns that millennials are less interested in car ownership are greatly overstated and rooted in misconceptions about millennial car-buying patterns.
Demand for trailers grew by 4.4 per cent in Eastern Europe in 2018, according to the latest research released by Clear. The market has grown every year for the last six years, but that growth has been quite moderate. Nevertheless, trailer sales in 2018 were the third highest on record, only surpassed in 2007 and 2008. The forecast for 2023 is that registrations of new trailers will be heading towards an all-time record.
“Motorcycle registrations stabilised with a 3.9 per cent sales increase in September following last month’s decline, as both economic and political uncertainty affected demand for bikes”, said Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, commenting on figures from the Motor Cycle Industry Association.
“Registrations of light commercial vehicles up to 3.5 tonnes fell by -23.5 per cent in September, as a result of the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) for vans and continued economic uncertainty”, said Sue Robinson, Director of the National Franchised Dealers Association which represents franchised commercial vehicle and car retailers across the UK, commenting on the SMMT’s light commercial vehicle registration figures.
A new online marketplace for used cars launches in the UK today (15 August). heycar.co.uk is on a mission to bring greater trust and transparency to one of the UK economy’s largest retail sectors.
The brand will do this by creating a superior user experience for consumers and dealers, launching with an inventory of over 100,000 listed vehicles from nearly 50 brands across 1,400 dealerships.
General Motors has announced that it is equipping the new 2020 Camaro range with its Tire Fill Alert System.
Airbus has selected Goodyear Flight Radial tyres as the main and nose landing gear fitment for Airbus’ new A321XLR aircraft.
In the USA, Yokohama Tire Corporation has been recognized by Subaru of Indiana Automotive (SIA) with a supplier’s award in the Excellent Performance category. Yokohama earned the award for its supply of the AVID S34P (225/40R18 88V) tyres on the Impreza.
BMW has chosen the Michelin Pilot Sport 4S (PS4S) tyres as a 21-inch summer tyre fitment for its new high-performance X3 M and X4 M models. According to company, the new BMW X3 M and X4 M Competition models, which are fitted with 21-inch light alloy wheels, will be equipped with Michelin PS4S 255/40ZR21 102Y front and 265/40ZR21 105Y rear ultra-high-performance tyres.
West European trailer demand has not only faltered, but could fall by as much as 10 per cent, according to the latest analysis by Clear International. And, of course, if trailer demand is set to fall by as much as 10 per cent, this trend will no-doubt bring truck tyre OE sales down with it.
Numerous Indian news sources are reporting that Maxxis India has entered into an OE supply arrangement with scooter manufacturer Hero MotoCorp. As a result, Maxxis is set to supply its 90/100-10 M6000 53J front and rear tyres.
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