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New car market rises after 13 month decline: SMMT

The Society of Motor Manufacturers and Traders has reported that the UK has seen the monthly new car market rise for the first time in over a year. August new registrations rose by 7.3 per cent to 59,346 units, representing the first monthly rise since June 2010. The rise was mainly the result of increased private demand, up 10.7 per cent, though fleet business also grew 4.5 per cent. The main car size to benefit was the ever-popular Supermini segment, which rose by 17.6 per cent to account for 37.3 per cent of the August market. Outlook for the rest of 2011 remained “challenging” according to the society.

6th September 2011/by Tyrepress Editors

SMMT figures: UK car manufacturing rises, CV down

The Society of Motor Manufacturers and Traders has revealed that car manufacturing rose 1.3 per cent in July and is up 3.7 per cent over the first seven months of 2011. Commercial vehicle output has not been able to match the upwards creep of car manufacturing, with a decline of 5.9 per cent in July, down 5.1 per cent over the January-July period. UK engine production is stable, dipping just 0.4 per cent in July and up 4.0 per cent for the year-to-date. Vehicle production in the UK is less fragile than much of the UK economy thanks to strong exports.

19th August 2011/by Tyrepress Editors

Average car 15 per cent greener than 5 years ago

Research by The Society of Motor Manufacturers and Traders SMMT shows that the average new car emits 15 per cent less CO2 than five years ago. The data also shows that Greater London and the North West saw a fall in the number of registered cars over the last five years. Meanwhile the figures highlighted that proportionally Plymouth has the fewest low-carbon cars, while Leeds is the pinkest town in the UK.

13th July 2011/by Tyrepress Editors

CV Show confirms 2012 dates

The Commercial Vehicle Show LLP has announced plan for another full CV Show to be held at the NEC, Birmingham, from 24-26 April 2012. The announcement follows positive feedback from the 2011 CV Show which attracted over 16,000 people. The CV Show LLP also announced the appointment of Crystal Communications to manage the organisation of the Show, including sales, marketing and operations.

8th July 2011/by Tyrepress Editors

SMMT broadcasts automotive summit across Internet

Senior figures from across the automotive industry are meeting for the annual SMMT International Automotive Summit in Westminster today, which is being broadcast live across the Internet. The industry has had a major boost in recent weeks with huge investments announced by BMW and Nissan, but is the wider industry able to secure similar funding? For our part, Tyres & Accessories has lodged a question about the effect of the Longbridge revival and the UK’s relationship with China on the tyre trade, which we will report on as and when this is answered.

28th June 2011/by Tyrepress Editors

24.1% higher April registrations show continued commercial vehicle recovery

April’s total van and truck registrations were up 24.1 per cent to 21,578, meaning the rolling year total is up 24.3 per cent to 280,775. The latest SMMT figures also show that April’s truck total was up 40.1 per cent to 3,497 (rolling year up 17.5 per cent to 37,544), while the van breakdown was up 21.4 per cent to 18,081 (rolling year up 25.5 per cent to 243,231).

6th May 2011/by Tyrepress Editors

Diesel, fleet purchases support April car registrations figures

The April UK new car market fell by 7.4 per cent to 137,746 units, according to the latest figures issued by the SMMT. However, the market was 1.5 per cent ahead of forecast and said to be “on par with the 2010 market” if take the scrappage volumes out of consideration. Year-to-date, registrations over the first four months of 2011 were down 8.5 per cent to 696,082 units, leaving the SMMT’s full-year forecast unchanged at 1.93 million units.

Despite the tough market conditions, fleet demand reportedly remains robust, up 6.5 per cent in April, while diesel volumes also recorded strong growth. Diesel cars represented 52.7 per cent of the total market in April and have shown year-on-year growth in every month of 2011. The VW Golf was the best selling diesel in April. Alternatively fuelled car registrations rose by 48.1 per cent in April.

6th May 2011/by Tyrepress Editors

SMMT sees strong commercial registration February growth of 27%

While the car market stayed low in February, registrations of new trucks and vans were up by more than a quarter on February 2010, at 27.4 per cent. Trucks saw a rise of 50.9 per cent to 2,068, making the figures in the first two months 36,070 units registered, or a rise of 11.1 per cent. Vans were up 23.8 per cent to 11,113 in February, keeping growth consistent from January, meaning 230,658 units have been registered in 2011 to date, up 22.7 per cent.

4th March 2011/by Tyrepress Editors

SMMT satisfied with new car registration 7.7% February decline

While new car registrations dipped in February 2011 compared with February 2010, the Society of Motor Manufacturers and Traders said the returns represented less of a drop than had been expected, given that the previous year had been boosted by the government’s Scrappage Incentive Scheme. The first two months of 2011 have seen 192,235 units registered, down 10.2 per cent. While the decline in registrations was the eighth straight month in negative figures, the 7.7 per cent drop represented the smallest drop in this time period. This was thanks mainly to fleet demand, which grew 8.6 per cent. The executive, luxury saloon, sports car and MPV segments continued to show “double-digit growth”; diesel cars took more than 50 per cent of the market.

4th March 2011/by Tyrepress Editors

RHA And FTA Welcome Chancellor's Comments On Fuel Duty

The Road Haulage Association and Freight Transport Association has welcomed comments made today by chancellor George Osborne that the Government is addressing the fuel duty issue. When questioned on BBC WM today Mr Osborne commented that plans made by the previous chancellor, Alistair Darling to increase fuel duty on 1 April by one penny per litre, in addition to inflation, could be addressed. "We can override it, we are looking at that", said Mr Osborne.

28th January 2011/by Tyrepress Editors

SMMT calls for fuel duty freeze

The Society of Motor Manufacturers and Traders (SMMT) has called on the UK government to freeze fuel duty to relieve immediate financial pressure on businesses, fleet operators, hauliers and motorists. According to the Society the duty rise planned for April this year threatens industry, businesses and consumer confidence at a crucial and fragile point in the UK's economic recovery.

27th January 2011/by Tyrepress Editors

Michelin Celebrates Double Centenary at 81 Fulham Road

Michelin marked a double centenary today, kicking off a series of events celebrating the 100th anniversary of both Michelin House (81 Fulham Street, South Kensington) and 100 years of the company's iconic guide books in the British Isles.

The building was officially opened on 20 January 1911 as Michelin’s then UK headquarters, in the presence of co-founder André Michelin and a host of distinguished guests including the French Ambassador and the then president of the Society of Motor Manufacturers and Traders (SMMT). Now exactly 100 years later the company plans to re-enact that historic moment with a similar VIP event. On 20 January 2011, leading political, business and industry dignitaries (rumoured to include company managing partner Michel Rollier and current SMMT head) have been invited to attend an evening of celebration at Michelin House as part of a series of landmark events. These will also include a recognition luncheon for employees, including those who worked at Michelin House during the Fulham Road building’s heyday in the eighties.

17th January 2011/by Tyrepress Editors

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

Motor Codes Survey Results

Motor Codes Ltd is the self-regulatory body to oversee standards in the car and garage sector, set up by the SMMT. Motor Codes relies on feedback from customers to rate various aspects of the service they have received from participating garages across the UK. In October, 1,822 service or repair customers completed surveys and the results are encouraging, particularly in view of recent negative publicity in some parts of the press.

5th 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