Development of FPS Stocking Policy

FPS has launched a program of vehicle car parc analysis designed to build a strategic stocking policy. This will put FPS in a strong position to supply factors with the parts the market needs.

Although new car sales were down -9.88% for 2009 (from 2,337,272 new units in 2008 to 2,106,358 new units in 2009), the vehicle parc has actually grown by 0.02%. This is good news for the aftermarket as it means more older vehicles on the road, delivering more potential for aftermarket part supply from 2010 onwards. Despite the big drop in new car sales, there were some winners. Figures show unit sales of Asian brands growing. Topping the growth table in 2009 was Hyundai who more than doubled their sales figures compared to 2008. Kia and Nissan also put in a strong performance with growth figures of 61% and 13% respectively. This growth is particularly impressive when we consider that it was set against a backdrop of significant decline in sales of European brands Renault unit sales were down -32.6%, Vauxhall down -25.8% and Ford down -11.1%. The list of biggest selling models of 2009 was dominated by small Asian vehicles with 1000-1500cc petrol engines, featuring most prominently were Hyundai i10, i20, i30, Kia Picanto, Nissan Quashaqi, Toyota IQ and Mazda 2. FPS is working hard to address the rising demand of smaller vehicles. The Reisse development program is putting a specific focus on Asian Vehicles, and Cambiare has identified 15 new ignition coils that will cover over 120 Hyundai, Kia, Mazda, Mitsubishi, Nissan and Suzuki applications.

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INFORMATION

FPS is one of the UK’s leading providers of service-led supply chain solutions. Founded in 1934, and employing over 1,000 people, it operates from 22 sites in the UK. Acting as a distribution partner for a number of major brands, its core business is providing automotive parts, car accessories and consumables to the reseller network. Through recent expansion FPS now successfully provides wholesale distribution services in the Maintenance & Accessories and Travel & Leisure sectors, serving a number of blue chip companies. Dedicated to service excellence and innovation, the company offers a wide range of services meeting the varying needs of manufacturers, suppliers, resellers and business consumers across the supply chain. For further details go to http://www.fpsdistribution.com/pr-corner/ or contact comms@fpsdistribution.co.uk