Vehicle data for cars and LCVs - International Decision Systems

09-12-2011

UK new vehicle volumes are steady at the moment with the all important September registrations less than 1% behind that of 2010 and October total 2.6% better than that of 2010. According to the SMMT the market is on schedule to achieve a 2011 total of 1.92 million cars which is well below the 2.5 million achieved during the earlier years in the 2000’s. With the Euro-zone problems, in particular with the situation in Greece and Italy currently looking bleak, a collapse of the Euro-zone would surely have an effect on volumes in the UK in 2012!

Manufacturers are continuing to make improvements on average CO2 emissions, there are now nine below the 130g/km figure. There are many vehicles now in production which have a NIL cost Road Fund License and the resultant loss of government income does make you wonder when they will move the goal posts and alter the banding structure to try and reclaim some of their lost revenue.

The Used Vehicle market is currently quite strong with a healthy demand for most vehicles in ‘Clean & Ready to Sell’ condition. The recent years of lower new vehicle registrations has, as we forecasted, created a shortage and helped values remain steady. This will continue for some time to come. Particularly in demand at the moment are SUV’s with Sports/Convertibles heading a little in the opposite direction. Key as always is ‘condition’ and when selling, whether it is to the end user, the Trade or at open auction, almost always without exception the costs of preparation are recovered with interest.

08-12-2011

On the 23rd November the RAC published the 2011 Cost of Motoring report which determined that the cost of running a car has increased by an inflation busting 14% this year. Behind this headline figure, IDS were the sole contributor the service, maintenance and repair section of the report, bringing our expertise in this area to a wider audience.

Tyre costs continue to be an issue for most Fleets as they make up a significant portion of the overall SMR cost. The rises seen during 2011 don’t look like they’ll stop for 2012 due to the continued high cost of the raw materials and energy costs used in production.

November saw a new logo, and the renaming of the SMR application to SMR3, named as such due to this being the 3rd iteration of the product in its more than 12 year lifespan. The re-branding and more modern logo for SMR3 has unified the look of the suite of IDS vehicle data products and will project a new, fresh image going forward.

01-11-2011

1st November

Announcing the launch of the new IDS Data website.