European Commission clears Pirelli’s Saudi JV
The European Commission has approved the creation of a joint venture by Pirelli Tyre S.p.A. of Italy and the Saudi Arabian Public Investment Fund (PIF) under the EU Merger Regulation.
About Chris
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Entries by Chris
Vaculug names Stevens to head of field operations
Vaculug has promoted Kelly Stevens to the role of head of fleet operations. Stevens has been a key member of the Vaculug team for nearly four years following a combined total of 15 years at Tructyre and ATS Euromaster.
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Halfords confirms Viking and McConechy’s Warrington warehouse sale
Following the news that Bond International is set to acquire the Viking tyre wholesale business, Halfords Group executives have confirmed to Tyres & Accessories that, Bond will indeed acquire the Viking and Birkenshaw tyre wholesale businesses. At the same time, Halfords Group commercial director/director Halfords Commercial Fleet Services, Robin Shaw clarified that the Bond acquisitions only include the McConechy’s warehouse in Warrington which came into the Halfords group as part of its McConechy’s acquisition in 2019. Meanwhile, Halfords continues to invest in its Commercial Fleet Services operations which have grown out of Halfords’s acquisitions of the members of ULM – Universal, Lodge and McConechy’s.
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Next stop Mexico? Analysing Chinese companies’ overseas factory choices
In 2023, China’s tyre industry experienced “ice and fire”. On the one hand, large tyre makers with sufficient foreign trade orders or with overseas factories doubled growth in revenue and net profit. On the other hand, the slow recovery of the Chinese market, especially the lack of demand in the radial truck tyre (TBR) sector, has put the entire downstream industry under tremendous pressure.
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Bond International buys Viking and McConechey’s fleet
Well-known tyre wholesale business Bond International was growing fast before the latest acquisitions were announced, but now the company has agreed to purchase Stepgrades Motor Accessories Limited trading as Viking Wholesale Tyres, Birkenshaw Distributors Limited and McConechey’s Commercial Fleet Services, growth will be considerably faster. All three Stepgrades businesses have been acquired from Halfords Group Plc as part of a deal which will see Bond International partner with Halfords to distribute tyres to all of their network. Moving forward, company representatives suggested that there will “further announcements” as the company looks to expand its operation in Scotland, where the business previously had limited exposure.
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DVSA staff striking during February
The Driver and Vehicles Standards Agency (DVSA) has confirmed that the Public and Commercial Services Union (PCS) has served DVSA notice of strike action on 8 and 9 February as well as 10 and 11 February 2024. This means that up to 2000 staff from 270 centres across the country will strike.
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Dynomec invest >£1 million developing new locking wheel nut removal tool
Two decades after the introduction of Dynomec’s patented locking wheel nut removal tool, 2024 saw the Wakefield-based company introduce a brand-new version in January. The company has also been working with the RAC in order to bring it to market.
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7 websites blocked in 40-million-euro Italian online tyre fraud case
The Italian Guardia di Finanza has discovered large-scale online tyre fraud. According to our sister publication Pneusnews.it, the investigation has led to the execution of five “personal precautionary measures” for VAT fraud in the Italian online tyre trade and the seizure of about 40 million euros by Turin European Public Prosecutor’s Office.
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Bridgestone set to invest $5 billion in enhancing EV tyre offering
Bridgestone is planning to invest around 800 billion yen ($5.38 billion) over the three years between now and 2026, with the money earmarked for the development of electric vehicle and mining tyres along with decarbonization technologies, according to a Nikkei report.
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Thinkcar promotes free TPMS T90 tool offer
Thinkcar UK is offering its newest T90 TPMS tool for free when customers buy 20 TPMS sensor valves. The T90 offer is available on a first-come, first-served basis, while stocks last.
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Dean Dyoss promoted to sales director at Kumho Tyre UK
Kumho Tyre UK promoted Dean Dyoss to the role of sales director effective 1 January 2024. Dyoss has more than 30 years of experience in the tyre industry in various sales positions with the likes of Bridgestone and Nankang as well as with Point S and Kwik Fit on the retail side. However, he has spent the last eight years with Kumho where he has been key account manager. As a result of his promotion, Dyoss will take responsibility for the Kumho consumer products sales team including business development and key accounts.
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Yokohama OE on 2025 Subaru Forester
The Yokohama Rubber Co. Ltd. is supplying Geolandar G91 tyres as original equipment (OE) for the 2025 US model Forester, which was unveiled in November 2023. The SUV is being fitted with 225/60R17 99H tyres.
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TyreSafe: 4500 organisations involved in MOT consultation, tyre and brake wear key concerns
TyreSafe was among the 4,500 organisations that responded to the MoT Consultation, which has now concluded, detailing “the significant risks extending the first MoT for vehicles from three years to four or even five”. DVSA figures show the most likely reason for a vehicle, up to six years of age, to fail its MoT is tyre defects. Over 2 million cars fail their MOT each year due to tyre defects with over 1 million classified as ‘dangerous’.
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Vredestein become FIS Alpine World Ski Championships 2025 main sponsor
Vredestein has become the Official Main Sponsor of the FIS Alpine World Ski Championships 2025, which will be held in Saalbach, Austria from 4 to 16 February next year. Building on a successful partnership with the flagship event in 2023 in Courchevel and Méribel, France, the new sponsorship deal will enhance brand recognition and drive further awareness of award-winning Vredestein winter and all-season tyres.
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GSF Car Parts pilots delivery bikes
GSF Car Parts is piloting utilising a kind of electric bike to deliver car parts around its London branches. Company representatives report that delivery times are reportedly cut down to as short as just 10 minutes to some garages.
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