UK HGV market dips by 138 units to 8,419 in Q3 after turbulent first half of the year. Demand for rigids up by 12.6% mirroring demand for essential delivery services and construction as lockdown measures eased over the summer. Market currently down -39.6% year to date, representing a drop of more than 14,000 units.
Business News
This news section will allow you to find out about takeovers, mergers and other market news within the commercial tyre and fleet management industry.
Hankook Listed in DJSI World for the Fifth Consecutive Year
Hankook is again featured in the world-renowned Dow Jones Sustainability Index World. The DJSI World recognises Hankook’s sustainability management commitment, especially in the areas of Social Contribution and Supply Chain Management. Hankook has been included in the DJSI World since 2016, and is the only Asian company in the automotive supply industry to have been recognised in 2020.
New Product from Speedline Truck: 22,5x9,75 SLT 3698
Speedline Truck complements its range of forged light alloy wheels, presenting the SLT 3698 – the first forged light alloy wheel for trucks in 22,5x9,75” to better meet the more “extreme” needs of megatrailers.
UK Bus and Coach Demand Declines -22.1% in Q3
New bus and coach market still grappling with effects of the pandemic, down -22.1% as just over 1,000 vehicles join UK roads in third quarter. Drop in registrations driven by double-digit decline in single-deck and minibus demand. Year-to-date performance down -30.4%, with 2,775 passenger vehicles registered in the first nine months of the year.
UK Van Market Sees Order Boost Ahead of Christmas Season, Up 13.3%
Highest October on record for UK LCV market, as registrations increase by 13.3%, with 28,753 units registered. Growth in demand driven by heavier end of the van market, as operators expand fleets ahead of Christmas season. Year to date market yet to make up 75,000-unit shortfall, with performance in first 10 months down -24.1%, as second lockdown for England raises further challenges.
Safe and Economical All-Weather Kilometers for Medium-Sized Trucks – Nokian E-Truck 19.5 Tyre Sizes Complement the Nokian E-Truck Range
The Nokian E-Truck range of truck tyres strike a balance between economical, care-free kilometers and effective all-weather properties. The latest addition to the range is sizes for medium-sized trucks. The new 19.5 size complements the tyre range, enabling medium-duty trucks in the 12–16-ton range for every season.
Nokian Tyres Again Included in the Prestigious Dow Jones Sustainability Indices
Nokian Tyres has been included in the Dow Jones’ DJSI World sustainability index for the fourth consecutive year. The company was also selected for the more strictly defined DJSI Europe index.
Neumáticos Soledad Prepares a ‘Black Week’ for B2B Network
Neumáticos Soledad, with over thirty years of experience is offering its B2B network a selection of offers in what they refer to not just as Black Friday but as a ‘Black Week.’
BestDrive Expands in Extremadura
Trading Resistance, located in Merida, joins the BestDrive network. With this new member, the network's presence in Extremadura is strengthened.
Michelin Updates TruckFly, the Free App to Accompany Carriers
In the face of the new health context marked by the Coronavirus pandemic, Michelin updated its free TruckFly application, offering updated information and new services to accompany transporters on their routes on European roads.