registrations Archives - Page 17 of 24 - Tyrepress

Posts

UK Car Registration Grew 1.8% in 2010

The UK car market reported full-year growth at the end of 2010, but with registrations down nearly a fifth in the last weeks of the year analysts are predicting a 5 per cent decline in 2011. The latest UK automotive registration figures issued by the SMTT show that the market grew by 35,847 units to 2,030,846 units in 2010 ending 1.8 per cent up on 2009 figures. However, with registrations falling 18 per cent in December (123,817 units for the month), the SMMT predicts registrations will decline 5 per cent in 2011 to 1.93 million units due to continuing tough market conditions. Put into long-term context, 2010’s registration figure is the second lowest in the past decade and almost 375,000 units short of the 2007 levels.

7th January 2011/by Tyrepress Editors

Hyundai Breaks Ground of Third China Factory

Hyundai Motor Company, South Korea’s largest automaker, began building its third plant in China 28 November with the goal of reaching a million unit a year total capacity by 2012. Beijing Hyundai Motor Company (BHMC), a 50-50 joint venture between Hyundai Motor and Beijing Automotive Industry Holding Co., held a ground-breaking ceremony for a 400,000 unit/year plant on 28 November in Shunyi District, Beijing. The new plant is scheduled to be completed by July 2012. The two existing plants which roll out up to 300,000 units each.

29th November 2010/by Tyrepress Editors

October New Car Registrations Fall 22.2%

While the Society of Motor Manufacturers and Traders suggests the 2010 new passenger car market will be 1.5 per cent up on 2009 figures at the end of the year, October saw a “significant fall in… new car registrations,” says Paul Everitt, SMMT chief executive. Registrations fell 22.2 per cent to 131,495 in year-on-year comparisons, though this figure is in line with October 2009 if one discounts the Scrappage Incentive Scheme volumes. The impact of the Scrappage Incentive Scheme would therefore seem to have had no effect but to prop up the 2009 market temporarily, while the sluggish recovery of demand in 2010 could partially be the effect of consumers bringing new car purchases forward to take advantage of the scheme. Everitt also said “some deterioration in consumer confidence” was responsible.

4th November 2010/by Tyrepress Editors

Van Rise Continues, Trucks Back from Nadir in UK Registrations

The Society of Motor Manufacturers and Traders (SMMT) reports that the upturn in van registrations of recent months continued in October, with 18,147 new registrations making a 22.4 per cent increase on September’s figures. Truck registrations recorded a spectacular-sounding 79.9 per cent rise on September, though that month was represented by the lowest figures in recent memory. 3,158 new trucks were registered.

4th November 2010/by Tyrepress Editors

Analysts: European Car production May Be Higher than Expected

After experiencing 31 per cent growth in the first quarter of 2010, market analysts are predicting that second quarter car production could have increased by as much 10 per cent for the second quarter and may increase 20 per cent for the first half as a whole. Current estimates suggest European production will increase 3 per cent in the second quarter.

4th June 2010/by Tyrepress Editors

New Car Registrations up 13.5% in May, SMMT Predicts Decline

UK new car registrations rose 13.5 per cent in May (compared with May 2009), the 11th successive monthly rise. 153,095 cars were registered in May compared with 134,858 in May 2009. Broken down by the two main channels, the results are particularly positive in the fleet sector, which reported a 16 per cent increase compared with a 12.3 per cent in the private market.

Volumes over the first five months of the year have risen 22 per cent. According to the SMMT, the growth reflects the weakness of the 2009 market, with May volumes still 14.6 per cent or 26,177 units down on the 2008 level.

4th June 2010/by Tyrepress Editors

Goodyear Offers Agri Benefits at Cereals

The Goodyear Farm team is publicising its presence at the annual Cereals show in Royston on 9 and 10 June. According to the company, the team will be highlighting the Optitrac range on its stand, while educating visitors on tyre technology and maintenance.

Goodyear representatives say the new DT818 High Speed (HS) will be at the forefront of the stand. The DT818HS is part of the Optitrac radial drive farm tyre range which comes in 13 popular sizes. High Speed means that the tyres are D speed rated and can operate at speeds up to 44mph (70kph) or at inflation pressures as low as 9psi. At lower operating speeds and for tractors that have a top speed of 25mph (45kph) or 30mph (50kph) these tyres reportedly provide performance advantages being able to carry up to 9.5 per cent more load at same inflation versus the conventional DT818 tyre. Furthermore, DT818 HS can carry the same loads as DT818 at lower inflation pressure thereby, elongating the footprint generating more traction and pull.

1st June 2010/by Tyrepress Editors

UK Registrations Up 11.5% in April

New passenger car registrations in Europe (EU27 lands) fell by 7.4 per cent year-on-year in April. This drop in comparison with April 2009 figures is not unexpected when it is remembered that registrations began to rise a year earlier in response to short-term scrappage schemes introduced in a number of countries. Over the first four months of 2010 the market expanded by 4.8 per cent compared to the same period a year ago, while shrinking by 11.6 per cent in comparison to January-April 2008.

17th May 2010/by Tyrepress Editors

European Vehicle Production Outlook ‘Very Good Indeed’

The Society of Motor Manufacturers and Traders anticipates a rise in vehicle production volumes this year, the start of a recovery that will accelerate over the next two years. “Looking at the production picture in Europe at the moment, we think the recovery is actually beginning now and despite the threat of the financial crisis hitting Europe we think there is a good chance that 2010 will be much better than had been hitherto thought,” stated Ian Henry, director of AutoAnalysis and author of the May 2010 SMMT report on production outlook. “We actually now think that in 2010 the volumes will actually be up over 2009 and we think there’ll be a further recovery in 2011. But the real climb back will come from 2012, once the financial crisis has completely been erased and a range of new models come on-stream.”

14th May 2010/by Tyrepress Editors

SMMT: UK Van and Truck Registrations Showing Mixed Fortunes

Society of Motor Manufacturers and Traders registration figures suggest the UK’s slow upturn in light commercial vehicles up to 3.5 tonnes continued in April 2010, but trucks remained in the downward trend experienced since the last quarter of 2008. “UK van registrations rose in April, continuing the welcome growth over the first quarter of 2010,” said Paul Everitt, chief executive at the SMMT. “Demand for trucks is still running well below pre-recession levels and continues to reflect weak demand and a lack of business confidence. As our new government establishes itself, the priority must be sustaining and strengthening the economic recovery with particular focus on encouraging the availability of more and better priced finance.” Of course, the supposition that there will be a government able to establish itself may come under threat after the indeterminate result of the UK election.

7th May 2010/by Tyrepress Editors

New Vehicle Registrations Show Continued Growth

Department for Transport figures published on 6 May suggest that the growth in first-time UK vehicle registrations continued to grow in March 2010, with a 23.1 per cent year-on-year rise in vehicles registered in the month. 455.5 thousand vehicles of all types were registered in March 2010, compared with 370.1 thousand in March 2009. While this represents a palpable rise in line with year-on-year figures over the last six months, sales are still down on pre-recession figures; 535.6 thousand vehicles were registered in March 2008.

6th May 2010/by Tyrepress Editors

UK is Fourth Largest Vehicle Making Nation in Europe

The UK is the fourth largest automotive producer in Europe, building two million engines and one million vehicles in 2009, according to latest Motor Industry Facts book published today (20 April 2010) by SMMT. Full year 2009 used car sales volumes were down only marginally on 2008 to 6,798,864 or 5.4 per cent. Automotive manufacturing is said to account for 10.6 per cent of total UK exports, valued at £26.6 billion.

20th April 2010/by Tyrepress Editors

UK the Largest European Car Market in March

In March, new passenger car registrations in the EU (excluding Cyprus and Malta) were 10.8 per cent higher than in the same month of 2009, according to ACEA figures. Over the first quarter of 2010 registrations rose by 9.2 per cent compared to the first three months of last year, yet were still 9.4 per cent lower than in the initial quarter of 2008. Most major European markets recovered ground in comparison with early 2009, reflecting the ongoing effect of government incentive programmes. The UK, for example, accounted for almost 400,000 new cars, or 26.6 per cent more than in 2009 – thereby becoming the largest EU market during the month. In contrast, Germany – which in 2009 had successfully boosted registrations through its own scrappage scheme – saw registrations in this post scheme month shrink 26.6 per cent to 294,375 units.

16th April 2010/by Tyrepress Editors

UK Scrappage Scheme Yields 372,401 New Car Registrations: SMMT

Society of Motor Manufacturers and Traders figures state that by 31 March, 372,401 new cars had been registered through the scrappage scheme, accounting for 12.2 per cent of all new car registrations in March. In addition, the scheme accounted for 3.2 per cent of the total van market in March, with 6,577 new LCVs registered through the scheme since it began in May 2009.

12th April 2010/by Tyrepress Editors

Pirelli Launches Scorpion Verde: Full Details

Ecological friendliness may not be the first characteristic one would stereotypically think of to describe sports utility vehicles, but Italian tyre manufacturer Pirelli believe it has spotted an opportunity within this seeming anachronism. The company launched its new road-biased Scorpion Verde tyre, developed to meet what it perceives as the SUV market’s need for increased fuel efficiency. With more than just one eye on upcoming tyre labelling regulations, Pirelli claims that the Scorpion Verde boasts greatly improved rolling resistance from previous high performance SUV offerings, making it “the first high-performance eco tyre for vehicles with the highest environmental impact – SUVs and Crossovers.”

9th April 2010/by Tyrepress Editors