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CITExpo Visitors Offered Chance to Win Shanghai Ticket

CITExpo 2010 organiser, Reliable is offering visitors to the show six lucky draw opportunities to win the dream ticket of a free visit to Shanghai 2010, the World Expo venue this year, which runs between May and October. Thirty tickets to the World Expo will be distributed evenly between international and domestic visitors to CITExpo registering online; there will be one draw per month in May, June and July, with ten tickets on offer in each month. Visitors will also have the opportunity to enter a business card ballot on each of the three days of CITExpo 2010; five tickets will be distributed on each of CITExpo’s five days.

1st April 2010/by Tyrepress Editors

Scrappage Scheme Ends

The last chapter in the extremely well documented scrappage scheme draws to an end today with car manufacturers calling last orders on Tuesday 30 March and the government releasing figures relating to the effects of scheme. Apparently the scheme, which offered around £2000 to motorists in exchange for them trading their car in for a new one, has helped some 400,000 customers to buy a new motor since it began.

The latest figures show that scrappage contributed to approximately one fifth of all new car registrations since the scheme started. Half (54%) of scrappage buyers surveyed had never bought a new car before and more than half (56%) of those surveyed said they would not have bought any vehicle at this time if the scrappage scheme had not been introduced.

30th March 2010/by Tyrepress Editors

Forged Wheels Move Into the Volume Market

When it comes to alloy wheels, there is no doubt that forged products are top of the tree in terms of strength, technological benefits but also price. However, while they will never be the cheapest products on offer, there are signs that their fitment is becoming increasingly prevalent in the marketplace, with some of the best known volume models now sporting forged aluminium wheels as an option. Tyres & Accessories interviewed David Yates, marketing manager for Alcoa Forged Specialty Wheels, Europe to find out more.

You might think that the recession would have put the kibosh on sales of what is to all extents and purposes the premium of wheel upgrade options. However, while the environment has been tough for everyone, things have not been as bad as could have been expected for Alcoa forged wheel. In fact, according to David Yates, when you consider the US-based company’s relatively short history of selling forged wheels in the European market, there is a lot to be pleased about: “The credit crunch has had an affect on us. Car wheel volumes have been reduced significantly overall, however these are growing “rapidly” in Europe. Although we [Alcoa] invented forged wheels 60 years ago, we have only been pushing passenger car forged wheels in Europe for less than 3.5 years, following the US model [of introduction].”

30th March 2010/by Tyrepress Editors

February EU New Car Registrations Up 3%

European Automobile Manufacturers’ Association figures show that new car registrations over all European Union countries (excluding Cyprus and Malta, whose data was “unavailable”) rose 3 per cent in February 2010, compared with February 2009. A total of 974,346 new cars were registered in the covered territories. Compared to figures at the same stage of 2009 the small rise in February registrations means that there are 7.9 per cent more new cars on the EU’s roads in 2010. However, given that 2009 was a year in which financial turmoil prevailed, the evidence suggests that this rise has only partially eaten into the drop experienced from 2008; compared to figures recorded in that year, February 2010 has seen 15 per cent fewer registrations and 16 per cent fewer in cumulative year-to-date numbers. Spain, the UK, Italy and France all registered significant increases, while Germany, Romania, Hungary and Poland saw dramatic drops. In the same region, Renault Group, PSA Group (Peugeot and Citroen), Nissan and Kia were the manufacturers with notable increases, while Toyota Group saw a significant drop.

17th March 2010/by Tyrepress Editors

SMMT: February Van Registrations Climb, Trucks Stay Low

The Society of Motor Manufacturers and Traders says February saw an increase in the number of new van registrations in the UK; up 26.1 per cent on the same month in 2009 to 8,978, raising the 2010 year-to-date total to 20,524 – 8.8 per cent up on January-February last year. However, truck sales continued their downward trajectory, totalling 1,370 in February, over a third down on the same month in 2009 (-36.6 per cent). Sales were also sluggish in January, leaving new truck registrations in 2010 43.7 per cent down from the same stage in 2009. In total, truck and van sales combined were 11.5 per cent up for February year-on-year, but 2.5 per cent down in year to date figures.

4th March 2010/by Tyrepress Editors

Western Europe Small Passenger Car Registration Share Rises in 2009

One of the more widely anticipated effects of the car scrappage schemes popular in Europe as stimuli for the industry in 2009 was the increase in market share of A and B-segment small cars (exemplified by Ford’s Fiesta and Ka, Fiat’s 500 and Panda and Volkswagen’s Polo and Fabia). Data released by Deutsche Bank analysts shows that the predicted swing transpired to a significant degree – these small cars comprised 45 per cent of 2009’s registrations in the zone, compared with 39 per cent in 2008. In terms of passenger car tyres, it seems the trend must follow in Western Europe, though we predict the general growth in small car rim-sizes will mitigate this factor somewhat.

11th February 2010/by Tyrepress Editors

European CV Sales Down 32.4% in 2009 – ACEA

The European Automotive Manufacturers’ Association has confirmed what we already knew – last year commercial vehicle registrations plummeted. According to ACEA figures, new registrations of commercial vehicles was down 32.4 per cent compared with 2008, and this downturn affected all segments and all countries represented by the organisation. In total, 1,706,996 vehicles were registered throughout the year.

4th February 2010/by Tyrepress Editors

Tyres & Accessories January 2010

Now available to subscribers online, January 2010's magazine includes features on agricultural tyres and motorcycles tyres. For more details and to view the virtual magazine, click more.

20th January 2010/by Tyrepress Editors

Delticom Reports Revenues of 310 million euros in Preliminary 2009 Results

Hanover-based Delticom AG has released preliminary 2009 financial results that show group revenue totalled 310 million euros, compared with 259 million euros in 2008. The growth realised (+20 per cent) was twice as strong as expected. Last year, 800,000 customers purchased tyres for the first time in one of the company's number of online shops, which includes mytyres.co.uk in the UK.

19th January 2010/by Tyrepress Editors

UK Car Registrations Total Less than 2 million in 2009

Despite the positive impact of the scrappage scheme the recession led to the lowest annual sales in the new car industry for almost fifteen years. According to data released by the SMMT, full year registrations were down 6.4 per cent to 1,994,999 units in 2009, the lowest level since 1995. New car registrations rose in December by 38.9 per cent to 150,936 units.

What’s worse is that the situation would have ben dire had it not have been for the scrappage scheme backed by both manufacturers and the government. Since its introduction, the scrappage scheme has accounted for over a fifth of all new car registrations and is estimated to represent 20.8 per cent of the December market.

7th January 2010/by Tyrepress Editors

New Car Registrations Continue to Grow in November

New car registrations in Europe EU27 + EFTA) rose 26.6 per cent to 1,182,082 in November 2009, a far cry from the 25.8 per cent drop in the same month last year. Western Europe’s increase of 30.6 per cent contrasted with a 16.7 per cent drop experienced by the new EU Member States and reflects the impact of fleet renewal schemes in a number of main Western European markets. The UK market, for instance, shot up 57.6 per cent to 158,082 new registrations in November – although, admittedly, November 2008 was the month of steepest decline during the 15-month run of falling volumes between May 2008 and June 2009. Scrappage accounted for 21.6 per cent of all new car registrations during the month.

16th December 2009/by Tyrepress Editors

Trelleborg: “We Will Continue to be a Successful Company”

The president of Trelleborg’s Agricultural and Forestry Tire Business Unit, Paolo Pompei, has commented that the division will go ahead with the investments planned for the next two or so years. “In a time of uncertainty such as this, some companies choose to reduce, freeze or even dispose of their investments,” Pompei commented. “Trelleborg, however, looks to the future in a positive way and continues with all its planned investments for 2009 to 2011.” In its 2008 annual report, Trelleborg stated investments in the agricultural tyre sector would focus upon “further development of the customer offering.” The company outlined that its Wheel Systems’ development centre in Italy is in the process of working on the next generation of high-performance agricultural tyres in cooperation with leading machinery manufacturers, and is preparing to present new products that address the key requirements of high speed road capability, comfort, roadholding, low soil impact and environmental sensitivity.

10th December 2009/by Tyrepress Editors

October New Car Registration up 32%

October new car registration shot up 32 per cent in October to 168,942. According to figures released today the increase is the best gain so far in 2009. Private purchase shot up between September and October, prompting the SMMT to report that the latest numbers are the result of the fourth month of sustained growth coming from the Scrappage Incentive Scheme (SIS).

Looking at the figures broken down by brand, it is clear that Vauxhall and Ford remain outright market leaders. However, there is continued progress amongst the once smaller Korean brands. To put this into perspective, in October Hyundai (7179 registrations) out-sold Fiat (6570) and Kia (5633) sold more cars than Honda (4490).

5th November 2009/by Tyrepress Editors

Passenger Car Registrations Up in September

European passenger car registrations in September received a boost from markets with government sponsored scrappage schemes in place, particular those countries where the schemes are winding up. The whole European market rose 6.6 per cent and the Western European by 9.6 per cent during the month compared with September 2008, the largest leap since 1999. In absolute figures, however, September 2009 registrations stayed below the levels reached since 2002.

16th October 2009/by Tyrepress Editors

French Government to Phase Out Scrappage Incentives

After pioneering the so-called “cash for clunkers” scrappage incentive model in 2008, which was then mirrored in all the major European markets, the French government has announced that it is phasing out its 1000 euros for a 10 year-old car stimulus package. According to financial analysts, this measure had a net positive impact on demand of approximately 200,000 units, or 10 per cent of the market against a gross market impact of 400 units.

The developments in the French market follow the rather more abrupt end of a similar scheme in the German market, where demand for cars purchased under the scheme exceeded supply on 2 September. According to a Deutsche bank report published at the time, the scheme was responsible for 9000 unit sales a day since its introduction.

To avoid a free fall of the market next year, Germany’s car market for example is expected to be 25 per cent down in 2010, the French government has decided to reduce its scheme progressively. Next January the incentive will drop to 700 euros before dropping to 500 euros next July and hitting zero in January 2011. As a result, Deutsche Bank analysts are predicting “a limited decline of French registrations in 2010 of around 1.9 million units, -5 per cent.”

28th September 2009/by Tyrepress Editors