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2012 new car market hit four-year high

UK new car registrations rose 5.3 per cent in 2012 to 2,044,609 units, boosted by strong consumer demand. The latest data released by the SMMT on 7 January shows that annual the volume was highest since 2008 and recorded largest percentage increase since 2001. However, the new car market was still 14.9 per cent below the 2007 pre-recession level of 2.4 million units. According to the data, the market ended 2012 with a 3.7 per cent rise in December to 123,557 units.

7th January 2013/by Tyrepress Editors

Retail demand fuels best UK car sales figures for five years

Sales of new cars in the UK in 2012 topped more than two million, giving the best sales figures since 2008. Commenting on the SMMT's car registration figures Sue Robinson, director of the RMI National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle retailers across the UK, said: "Retail demand drove the UK car market in 2012 whilst fleet sales were flat."

7th January 2013/by Tyrepress Editors

New SMMT Aftermarket Development Manager

The Society of Motor Manufacturers and Traders (SMMT) is pleased to announce the appointment of Wendy Williamson as Aftermarket Development Manager. She brings a wealth of experience in the aftermarket sector and will take control of SMMT activities from the end of the year when SMMT's current aftermarket expert, Bob Davis, retires.

13th December 2012/by Tyrepress Editors

November fall for CV registrations

Commercial vehicle registrations fell by 15.9 per cent in November to 22,860 units; year-to-date figures were down 5 per cent to 265,959. Truck registrations declined by 13.7 per cent to 3,885 units in the month, but the rolling year figure is up 12.6 per cent to 46,734 units.

10th December 2012/by Tyrepress Editors

November sales show UK is Europe's second-largest car market

UK new car registrations rose 11.3 per cent to 149,191 units in November, on the back of increased private demand. The UK new car market has grown 5.4 per cent to 1,921,052 units during the January-November period, putting the full year market on track to be the best since 2008.

10th December 2012/by Tyrepress Editors

'Meet the Funder' event will boost auto industry lending

More than 20 high-profile banks, financial support services, and venture capitalists have signed-up to attend SMMT's 'Meet the Funder' event later this month, keen to enhance their understanding of the UK's automotive supply chain and boost funding in the sector.

13th November 2012/by Tyrepress Editors

UK 2012 bus and coach market strong despite October dip

Total bus and coach registrations fell 23.9 per cent to 486 units in October, but climbed 44.9 per cent over the year-to-date. The purpose-built bus and coach market declined 35.3 per cent in the month, but rose 16.1 per cent during January-September. Converted bus registrations dipped 8.5 per cent in October, but rose 84.6 per cent during the first 10 months of 2012.

8th November 2012/by Tyrepress Editors

Halfords Autocentres and SMMT in advertising row

Company News, UK News

A row has broken out between Halfords Autocentres and the Society of Motor Manufacturers and Traders (SMMT) over advertising relating to the cost of car servicing at franchised dealerships. The SMMT complained to Advertising Standards Authority (ASA) about an advertisement at halfordsautocentres.com which highlighted apparent savings of up to 50 per cent on car servicing. The complaint was subsequently upheld by ASA who said the ad could not continue in the offending form.

7th November 2012/by Tyrepress Editors

Gloomy October for CV registrations

The SMMT figures for commercial vehicle registrations in October paint a gloomy picture, with year-on-year CV sales down 8.1 per cent to 21,661 units; the rolling year figure is also down 0.9% to 293,312.

Truck registrations dipped to 3,867 units, down 8.1 per cent in the month, but the rolling year figure is up 16.3 per cent to 47,352.

6th November 2012/by Tyrepress Editors

UK car sales up year-on-year in October

New car sales figures from the SMMT show month on month sales were up 12.1 per cent compared to October last year. Fleet registrations increased by 4.5 per cent last month whilst private registrations increased by 23.9 per cent. Alternative Fuel Vehicles (AFVs) saw sales increase by a huge 38.8 per cent.

Commenting on the figures, Sue Robinson, Director of the RMI National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle retailers across the UK, said: "Retail car sales continue to drive the market in October whilst fleet sales remain flat."

6th November 2012/by Tyrepress Editors

CV sales up slightly in September

SMMT figures show that commercial vehicle sales in September rose slightly – the 43,787 sales represented a rise of 0.8 per cent. Van registrations for the month were 39,060; up 1.1 per cent, but truck sales were down 1.5 per cent to 4,727 units.

4th October 2012/by Tyrepress Editors

UK September car sales "exceeded expectations"

"The increase in retail car sales in September exceeded expectations" said Sue Robinson, Director of the RMI National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle retailers across the UK, commenting on the SMMT's new car registration figures.

4th October 2012/by Tyrepress Editors

August UK car sales stable ahead of plate change

"It is encouraging that the new car market remained stable in what is traditionally a low volume months for car sales" said Sue Robinson, Director of the RMI National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle retailers across the UK, commenting on the SMMT’s new car registration figures.

10th September 2012/by Tyrepress Editors

Bus and coach sales fall in August

Figures from the SMMT show the overall bus and coach market fell in August for the first time in 2012, dropping 27.8 per cent to 311 registrations for the month, but the market showed a rise of 54.4 per cent from January-August. The purpose-built bus and coach sector declined 57.9 per cent in the month, but was up 28.7 per cent over the year-to-date. Converted bus registrations grew 127.1 per cent in August and 89.9 per cent during the first eight months of the year.

10th September 2012/by Tyrepress Editors

MG redevelopment plans continue

MG Motor UK is doubling the size of the design centre. According to the company, the latest stage of the rebirth of Longbridge will see substantial investments in the design studio, the engine test centre and the factory. Meanwhile, the firm is recruiting new engineers and designers to work on the next generation of MG cars as the firm prepares to hit the export trail to mainland Europe within two years.

14th August 2012/by Tyrepress Editors