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The year of disruption?

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At the start of a new year it is customary to take stock of the previous year and look forward to the next 12 months. This was something we at Tyres & Accessories did with online readership figures in January and found that our you love tyre test coverage first and foremost. But this wasn’t the only subject being read. Coverage of various countries’ decisions to ban combustion engines during the next decade or two was a top story on tyrepress.com last year, and it was also talk of the wider automotive industry.

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Related news:

  1. Horiba Mira and Coventry University launch Autonomous Vehicle research centre
  2. UK in pole position in £62 billion self-driving car race
  3. Volvo to develop autonomous electric buses for Singapore
  4. Continental considering delivery robots to accompany autonomous pods
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EV market to grow 28.3% between 2017 and 2026

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The global electric vehicles market is estimated to grow of 28.3 per cent (CAGR) in volume from 2017 to 2026. According to a market research report by BIS Research, titled “Global Electric Vehicles Market – Analysis and Forecast (2017-2026)”, the demand for electric cars is increasing rapidly, with the global stock numbers crossing 2 million in 2016 after crossing 1 million in 2015. The surge is attributed to the substantial amount of investments made by the automobile manufacturers for the research, development, and deployment of electric vehicles. Mass production prospects have also led to a decline in the prices of the key components such as electric batteries, and technologies such as regenerative braking. In addition, the governments of different nations are providing tax benefits, and subsidies to fuel the production of EV’s. The government bodies are actively promoting the usage of electric vehicles in order to reduce high emission levels.

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Related news:

  1. Jaguar files electric car patents
  2. Tesla to launch electric truck
  3. Maxxis gets huge e.GO boost with European partnership
  4. Goodyear OE on Tesla Cyber Truck?
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Analysts upgrade 2018 West European trailer market forecast

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Instead of demand dropping by approximately 9 per cent in 2018 a decline in demand of 5 per cent is now forecast, followed by a further drop in 2019 leading to a total shrinking of the market by 13 per cent over the two years. According to the agency “Clear”, for 2017 the demand for trailers increased in the first half of the year but will have close to zero growth in the second half. Overall 2017 will see a 3 per cent increase in registrations.

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Related news:

  1. Turkey leads strong Eastern Europe heavy trailer demand
  2. HGV trailer sales fell 6.3 per cent in 2012
  3. CV trailer market to grow 2% despite weak 1H
  4. Has European Trailer demand peaked?
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EU passenger car demand up 5.9 per cent in October

In October 2017, European Union demand for passenger cars returned to growth after a decline in September. Registrations of new cars totalled 1,169,672 units, or 5.9 per cent higher than in October last year, the European Automobile Manufacturers’ Association (ACEA) has said.

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Related news:

  1. European car registrations continue to rise
  2. EU car registrations up @10 per cent in September
  3. ACEA: European car sales up 9.3% in 2015
  4. European car registrations rebound in November
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Yokohama reports record nine-month 2017 net sales results

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Yokohama Rubber Co., Ltd. has reported net sales of 466.79 billion yen in the first ninth months of 2017 – a new record for this period. Of this figure, 333.13 billion yen was generate by sales of tyres (excluding Alliance Tyre Group operations, which are included in the firm’s accounts following the business’ acquisition in September 2016). Therefore, profit attributable to owners of parent increased 96.4 per cent over the same period of the previous year, to 16.7 billion yen, on a 39.7 per cent increase in operating income, to 26.4 billion yen.

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Related news:

  1. Yokohama Net Income Rises Markedly
  2. January-September sales and earnings at record levels – Yokohama
  3. Yokohama 2013 net income climbs 7.3%
  4. Q1 operating profit a ‘record’, says Yokohama
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Belshina producing 18-inch SUV tyres for Geely

Bobruisk, Belarus-based tyre manufacturer Belshina has announced that it has launched mass production of 18-inch SUV tyres. The company’s spokeswoman Viktoriya Kulik told local news source BelTA that it is making summer tyres for Geely cars produced at BelGee Factory.

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Related news:

  1. Nissan commits to Sunderland plant despite Brexit
  2. ETRMA tyre sales up 2-3 per cent
  3. Global SUV boom continues…
  4. Toyo Open Country W/T Audi’s choice for all-season SUV performance
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Global automatic tyre inflation system market will be worth US$2.7 billion by 2027

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Automatic tyre inflation systems is set to become a multi-billion dollar global industry during the course of the next decade. According to a report produced by Future Market Insights, the market is anticipated to reach revenue of over US$1.500 billion in 2017 and grow at a steady compound annual growth rate (CAGR) of 5.6 per cent during the 10 year period between 2017 and 2027. The forecast predicts the market to reach a revenue of over $2.7 billion by the end of the forecast period in 2027.

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Related news:

  1. Continental recommends global OEMs adopt direct TPMS technology
  2. Do markets dream of electric cars?
  3. BH Sens introducing universal truck TPMS in Bologna
  4. BPW offers AirSave tyre pressure system
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Global brake market to reach $31.11 billion by 2025

The global automotive brake systems market is expected to be worth US$ 31.11 billion by 2025, according to a new study by Grand View Research, Inc. This is said to be being driven by rising vehicle production and sales and growing disposable income.

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Related news:

  1. Brembo OE on Polestar 2
  2. IAAF: Kia guilty verdict a major victory for aftermarket’
  3. Meritor names Chris Villavarayan as EVP and COO
  4. Zinc alloy car parts “more sustainable”
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1000-mile Bugatti Chiron makes £1 million profit in 4 months

A nearly new, 1,000-mile Bugatti Chiron, the first ‘used’ example to be offered in the UK – has gone on sale for £1 million more than its owner paid for it brand new four months ago.

While simply driving the majority of new cars off the forecourt can wipe thousands off their value, the 261mph supercar has bucked the trend and soared in value to £3.6 million – an increase of £1.1 million over its list price of £2.5 million.

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Related news:

  1. IAAF: Kia guilty verdict a major victory for aftermarket’
  2. White cars cost more
  3. Unrealistic valuations helping to distort used vehicle market, says Glass’s
  4. NFDA Consumer Attitude Survey results published
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Nexen aiming for Global Top 10 by 2025

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With new factories in Europe and now also the US Nexen Tire is growing in terms of global production capacity. However, the firm is also investing in developing its brand, especially in terms of football sponsorship. Recently Tyres & Accessories looked into how the company is combining the two in order to meet its goal of entering the global top 10 by 2025.

In 1976 Kettering Tyres paid local football club Kettering Town FC to print its logo on the front of the team shirt. The move caused ructions in what was then known as the first division and didn’t last long, but it did set a precedent for sponsorship that went to the next level this year. 41 years later, shirt sponsorship in the English Premier League (called Football League First Division back then), which brought in £226.5 million in sponsor revenues during the 2016-17 season, is very big business.

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Related news:

  1. Nexen Tire becomes Man City and the EPL’s first ever sleeve sponsor
  2. Nexen Tire continues ‘successful’ Manchester City FC sponsorship
  3. Nexen Tire back with Man City for 2019/20
  4. 3 more years: Nexen Tire extends Eintracht Frankfurt sponsorship
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September UK car manufacturing goes into reverse amid Brexit uncertainty

UK car manufacturing fell in September, with year-on-year output declining -4.1 per cent, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). 6,500 fewer cars rolled off production lines than in the same month last year, with a total output of 153,224.

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Related news:

  1. SMMT March numbers do not reflect extent of lockdown damage – KPMG
  2. SMMT: UK truck manufacturing improving
  3. SMMT: Automotive industry on Brexit “red alert”
  4. NFDA, DWF, KPMG, Global Data and SMMT reactions to 2019 car registration figures
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East European Trailer Market hit by more falls in Turkish vehicle demand

Market analysts at Clear report that the Eastern Europe trailer market has been hit by a severe downturn in the Turkish market for commercial vehicles. The forecast for Turkey in 2017 is for a fall in trailer demand of 29 per cent on the back of large declines in 2015 and 2016. Political instability had already undermined business confidence in early 2016 and then in mid-year there was an attempted military coup. This had a dire and worsening effect on business investment. As a result, a further 19,700 trailers have been wiped from the Turkish forecast.

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Related news:

  1. East European trailer demand downgraded due to Turkey instability
  2. 2014 Eastern European trailer market flatlining
  3. UK trailer market up 25 per cent, setting new record
  4. East European trailer market hit again, but regional nadir also reached
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Linglong’s dandelion and polyurethane tyres on-show at Tire+

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Continuing the theme of technological development, Linglong Tire – a top five Chinese tyre enterprise – exhibited a number of technological developments including its: a dandelion natural rubber-based tyre, a tyre featuring a graphene compound and a polyurethane tyre manufactured with 3D printing techniques.

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Related news:

  1. Chinese tyre manufacturers aim to increase OE supply
  2. Linglong working towards dandelion rubber commercialisation in China
  3. Linglong Tire partners in China’s first 3D printed tyre project
  4. Linglong Tire setting up firm for dandelion rubber industrialisation
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Pirelli produces bespoke P Zero tyre for new Hyundai i30 N

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Pirelli has engineered a tailor-made version of its P Zero tyre for the new Hyundai i30 N in size 235/35 R19. The new OE-tyre is produced at Pirelli’s Settimo Torinese, Italy factory. To identify the P Zero specially made for the i30 N, the sidewall includes an `HN` mark.

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Related news:

  1. Audi A7 fitting Pirelli Cinturato P7 All Season as OE in US
  2. Pirelli partners Fisker “EMotion”
  3. McLaren makes 20,000th car
  4. Pirelli exclusively supplying OE on new Aston Martin DBX
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Goodyear gets first Boeing 777X tyre certification

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The Boeing Company has certified The Goodyear aviation tyres for its 777X airplane. With this designation, the Goodyear Flight Radial becomes the first product to receive Boeing system part certification for the 777X.

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Related news:

  1. Airline Tyre Contracts For Goodyear
  2. Boeing chooses Michelin for latest 737
  3. Dunlop Aircraft Tyres to supply 10,000 tyres a year to Boeing C-17 fleet
  4. Goodyear supplying tyres for Boeing 777X
/by

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