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VW trade values have fallen 3%

Trade values of Volkswagen vehicles have fallen 3 per cent following news of the emissions scandal, according to figures from Glass’s. The figures may be marginal when considered in detail, but they go against the flow of the market.

Trade values of all Volkswagen used cars in the Glass’s database are currently the same as they were at the beginning of September. However, the overall used car market has seen an increase of 2.1 per cent during the same period – meaning that the value of the VWs have effectively fallen by 2.1 per cent.

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Related news:

  1. VW Group sales down 20 per cent
  2. UK cars exceed laboratory emissions standards in real-world conditions
  3. VW, emissions and the implications for tyre testing
  4. Daimler share price hit after emissions investigation news
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VW, emissions and the implications for tyre testing

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In mid-September the emissions hit the fan for VW. What began with an admission that half a million Golfs and Beetles were not showing the right emissions values in lab tests, quickly became a global scandal involving 11 million vehicles, disastrously affecting the group’s share price, resulting in the ‘restructuring’ of the firm’s global leadership and worst of all affecting confidence in both VW and the wider automotive and automotive testing industries.

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Related news:

  1. Daimler share price hit after emissions investigation news
  2. UK cars exceed laboratory emissions standards in real-world conditions
  3. VW trade values have fallen 3%
  4. VW Group sales down 20 per cent
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Emissions revelation puts VW group credibility in question

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News that VW is recalling almost half a million diesel cars in the US is bad enough, but the revelation that this is because the company put so-called defeat devices into the cars in order to mislead emissions testing systems is likely to damage the OEM’s reputation. And there is a growing financial cost too.

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Related news:

  1. Will fitting an aftermarket exhaust or DPF to my VW make a difference to emissions?
  2. Daimler share price hit after emissions investigation news
  3. Euro Car Parts asks how will VW scandal affect UK garages?
  4. High court to hear VW emissions group litigation request
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Nexen wins Fiat Chrysler OE performance award

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Nexen Tyre has been recognized as an “outstanding supplier” by Fiat Chrysler Automobiles (FCA). Nexen received the award at the ‘2014 Outstanding Supplier Quality Award’ held on 15th September, at Imperial Palace Hotel in Seoul, Korea by Fiat Chrysler Automobiles (FCA).

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  1. Goodyear wins “Chassis Supplier of the Year” from Fiat Chrysler
  2. Fiat Chrysler suspends vehicle production in Europe
  3. Nexen ranked fourth in JD Power survey
  4. Nexen OE on 2015 Chrysler 200
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Pirelli celebrates 2000 homologations at IAA

Pirelli is celebrating 2000 homologations of its premium products. In the first half of 2015 alone, the Italian firm added 200 new homologations to its line-up, including those some of the most high profile vehicles at this year’s Frankfurt Motor Show. These include the new Bentley Bentayga; the Mercedes GLC, BMW X1, BMW 7 Series and Jaguar F-Pace.

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  1. Pirelli previews latest P Zero tyre in Geneva
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Cenex celebrates 10 years of work in the low carbon vehicle industry

Cenex – the UK’s first Centre of Excellence for low carbon technologies – is pleased to be celebrating ‘10 years of excellence’ in the low carbon vehicle sector. Established in 2005 as the UK’s first Centre of Excellence for Low Carbon and Fuel Cell technologies, Cenex operates as an independent not-for-profit consultancy and specialises in the delivery of projects which support innovation and market development to accelerate the shift to a low carbon economy.

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  1. UK car manufacturing still booming, up 13% in February
  2. KPMG: new car sales growth adjusted down 1/6 after Brexit
  3. Minis are best at retaining value
  4. Horiba MIRA reopens, becomes ‘Covid-Secure’
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Nexen supplies New Volkswagen Caddy OE tyres

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On 31 August, Nexen Tire announced that it will supply Volkswagen with its N’blue Premium tyre for the new Volkswagen Caddy, a compact van with global sales topping 1.5 million units over the past 11 years. The vehicle will be produced in Poznan, Poland and the tyres Nexen supplies will be 195/65 R15 products.

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  1. Nexen gearing up for greater European presence
  2. Nexen tyres OE on 2020 Golf
  3. Nexen gains Smart Forfour and Renault Twingo OE
  4. Nexen breaks ground on Zatec, Czech Republic plant
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Bridgestone launches Dayton third line brand

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2015 is proving to be an eventful year for Bridgestone. In September Bridgestone re-launches Dayton as a truck tyre brand, following the rebrand of the firm’s independent distribution network as Bridgestone Partners as well as the news that OE sales are at a seven-year high, while buses and other fleets continue to sign Bridgestone contracts. Tyres & Accessories spoke with Bridgestone’s commercial sales director Greg Ward in order to learn more.

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Related news:

  1. Bridgestone celebrates 10th anniversary of Bulldog acquisition
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  3. Conti’s Bandvulc purchase results in UK market remoulding
  4. Continental and Bandvulc management comment on integration process
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Toyo tyre OE on Audi A3

At the end of July Toyo Tire Europe GmbH, President Tatsuo Mitsuhata, announced that the Toyo Snowprox S953A has been selected by Audi AG as Original Equipment for the Audi A3 model. The 205/50 R 17 93H XL Snowprox S953A will be fitted to Audi A3 models delivered with winter tyres from the 2015 season.

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  1. Toyo Open Country W/T Audi’s choice for all-season SUV performance
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Toyo Tires OE on new Mitsubishi L200

Toyo brand Open Country A28 tyres have been selected by Mitsubishi Motors Corporation for the firm’s all-new, Mitsubishi L200 pick up. Open Country A28 tyres, in size 245/65 R17 111S, will be fitted throughout Europe to the 5th generation Mitsubishi L200.

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July CV registrations rise, despite fall in van sales

UK CV registrations rose 3.7 per cent in July, with strong truck demand outweighing a small drop in vans, according to SMMT figures.

The year-to-date performance for the overall market remained positive, with 2015 registrations up 19.3 per cent. One factor is the operators’ continued drive for maximum efficiency, which was reflected in surging demand for heavier vans and trucks.

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Related news:

  1. CV sales also recover in November
  2. Truck registrations growing strongly
  3. UK truck market down -22.5% in Q1 2020
  4. Commercial vehicle exports rise in first half of 2017
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July new car sales – “more moderate” increase

Figures released by the Society of Motor Manufacturers and Traders (SMMT), show that new car registrations saw steady growth in July – the 41st consecutive month of increases. 178,420 cars were registered – an uplift of 3.2 per cent on the same month last year – while registrations in 2015 so far have risen 6.5 per cent to surpass 1.5 million.

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Related news:

  1. Bus and coach registrations rise 13.5 per cent in September
  2. New car registrations touching double digits across the UK countries
  3. VW Group sales down 20 per cent
  4. UK car manufacturing up a quarter in May
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Video: Dunlop tyre development mini-series looks at Mercedes-AMG partnership

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Dunlop has launched a series of videos themed on the brand’s technical partnership with AMG. The release of the first short videos is timed to coincide with Dunlop’s first anniversary as the AMG Driving Academy’s official tyre partner, which extended its four-year technical partnership with AMG Customer Sports. Each of the five videos offers behind-the-scenes access to Dunlop’s technical team, which designs, develops and tests tyres to meet Mercedes-AMG’s highest standards. The first two episodes in the series are available to watch in the main body of this article.

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Related news:

  1. Dunlop is official tyre of AMG Driving Academy
  2. DTM Go With Dunlop And ATS
  3. Yokohama OE on two further Mercedes models
  4. Bridgestone OE for Mercedes S-Class
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ETRMA: increased car demand lifted European premium tyre markets

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Increased demand for new car purchases has led to increased tyre demand across Europe, according to the latest data released by the European Tyre Manufacturer’s Association. The ETRMA statistics reveal that consumer OE tyre sales were up 12 per cent, while truck tyre OE was up a 21 per cent. The association linked this increase directly to new vehicle OE growth, which in the case of passenger cars, grew 14.6 per cent in the period.

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Related news:

  1. ETRMA tyre sales up 2-3 per cent
  2. Michelin European distribution centre launch ‘Dawning of a new era’ in Stoke
  3. Conti: UK market 35 million units
  4. Tyre demand declining 15 to 26 per cent in 2020
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