Titan International announced on 19 September that it has withdrawn the elements of its 2013 guidance related to revenue and EBITDA. In a statement, the company said it “does not anticipate issuing any further updated guidance until its 2014 guidance is issued by January 2014.”
Fastfit Station has announced that it is “revolutionising” its e-trading through systemising the entire sales and booking process and placing the experience squarely in the domain of consumer choice.
Through its consumer-facing e-commerce platform, www.grippy.co.uk, the e-tailer uses a range of technologies from CAM including Cameo, the MIDaS B2C module, Workshop Scheduler and the Online Tyre Catalogue (OTC) to streamline the whole process so no sale on the web ever requires any human intermediation in the back office.
Latin Expo Group LLC, the event organiser behind the Latin Tyre Expo, have announced plans to hold the 2014 Latin Auto Parts Expo between 9 and 11 July 2014 at the Atlapa Convention Center, Panama City, Panama. The exhibition it pitched at providing manufacturers and distributors direct access to the Latin American and Caribbean OEM, replacement parts and tuning markets in a warm and personal setting that forges long lasting commercial and personal relationships.
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VWE (a provider of VRM license plate search technology in the Netherlands and also a reseller of DriveRight products) has produced a case study demonstrating usage of Drive Right tyre and wheel data. VWE has linked the data from DriveRight directly with the Dutch number plate register. This allows customers to get the correct combination of wheels and tyres for their vehicle by using their number plate in the website search, where the VWE solution is available. Profile Tyrecenter from the Netherlands has become the first company to use this database and, in the company’s own words, take a step ahead of their competitors.
Measuring 2.32 metres in diameter – that’s 7 feet and 7 inches for those of you reading this in imperial – the new 850/75R42 Firestone DT23 is the world’s largest agricultural tyre. The first delivery of this giant was recently made to a farm in Denmark.
Marangoni Retreading Systems reports that it has consolidated the presence of the Ringtread system in the Baltic region and the Ukraine by strengthening its partnerships with two important operators in the truck tyre distribution and service sector.
At an investor meeting on 20 September, Goodyear Tire & Rubber announced the return of shareholder dividends after an absence of 11 years. The company’s new capital allocation plan calls for the reinstatement of a quarterly cash dividend on its common stock and a $100 million share repurchase programme.
A new addition has been made to the winter tyre private label distributed by point S. The WinterStar 3 follows on from the WinterStar 2, a point S says it offers optimised traction and braking performance on snow, very good aquaplaning qualities, improved handling on dry roads, high stability in curves and low rolling noise and higher rolling comfort.
Dunlop has confirmed its reappointment as official tyre supplier by the MSA British Touring Car Championship. This extends the sole-supplier partnership that began in 2003, and continues a relationship between Dunlop and the BTCC that can be traced back to the championship’s creation in 1958.
Germany’s Tyre24Group has opened a new B2B online platform in Italy. The new tyre24.it site went live on 16 September and brings the company one step closer to gaining a presence in the major European tyre markets. Tyre24 is already active in Germany, Poland, France and Austria.
The results of a fleet survey carried out for Goodyear in June and July show that 81 per cent of all fleet operators are aware of the EU tyre label. According to the MV2 Conseil survey of approximately 500 fleet managers in France, Italy, Germany, Poland and Spain, 55 per cent know the details of the tyre label legislation and a further 26 per cent are aware of it but recognise a need to learn more. Only 19 per cent of fleet managers responded that they’d never heard of the EU tyre label.
Edward Freedman, the football branding guru who headed up merchandising at Manchester United and Tottenham Hotspur FC in the late 1980s and 1990s, has questioned the effectiveness of sponsorship from companies such as tyre manufacturers.
Tyrepress launched a new newsletter product in February 2013 aiming to improve the targeted job advertisement opportunities offered by Europe’s leading English language magazine and website for tyre and wheel professionals. The weekly newsletter, which also collates the most recent Career Tracks news every Wednesday, will continue to link to greatly improved listings on the relaunched Tyrepress website, putting advertisers’ job vacancies in front of the widest possible range of European tyre and wheel professionals.
Brisa Bridgestone Sabancı Lastik Sanayi ve Ticaret A.Ş. (Brisa), the joint venture company run by Bridgestone Corporation and Turkey’s Sabancı Holding, is evaluating potential sites within the country for a second factory. Brisa intends to construct a passenger car radial factory to complement the company’s existing passenger car, bus and truck radial plant in İzmit, which entered volume production in 1990.
The 11th edition of the China International Tire Expo, held earlier this month in Shanghai, attracted 7,303 visitors. This number represents a slight rise in attendance over 2012, and organiser Reliable International Exhibition Services says that 4,263 visitors, or 58 per cent of the total, came from outside China. The 24,000 square metre exhibition space housed 335 exhibitors, ten per cent more than last year.
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