MTS eyes mid-range opportunities as prices rise, develops e-commerce offering
The reduced buying power of the pound is one of the few persistent themes in this period of Brexit induced flux. For the UK’s tyre distributors, it also compounds the effects of rising raw materials prices, and wholesalers must negotiate this period to help support retailers and their already slim margins.
Continue ReadingCeat acquires land for new tyre plant
India’s Ceat Ltd. has acquired 163 acres (66 hectares) of land in Chennai for building a new factory. The deal was concluded by JLL India, the country’s largest real estate consultancy, who also negotiated associated incentives with the government of Tamil Nadu state.
Continue ReadingIran’s Yazd supplying OE tyres to Renault
Groupe Renault has reportedly approved the supply of 50,000 tyres from Iranian tyre maker Yazd Rubber Industries Complex to its subsidiary Renault Algérie. IFP News writes that in addition to supplying Renault, Yazd is now also in negotiations with Volkswagen following the car maker’s entry into Iran.
Continue ReadingXPO extends Michelin contract to UK, Portugal and Luxembourg
Michelin solutions has been awarded a major contract with XPO Logistics, a leading global provider of transport and logistics solutions, to provide a tailored tyre management solution across nearly 80 per cent of its 17,000-strong European fleet. The tyre maker notes that the three-year agreement represents one of the largest and most complex commercial vehicle tyre contracts in the sector.
Continue ReadingNew mixer, greater utilisation to facilitate expansion at Sumitomo’s US tyre plant
According to a permit issued by a state authority, car tyre capacity at Sumitomo Rubber USA’s plant in Tonawanda, New York will double to 10,000 tyres per day. In addition to its existing production of 5,000 motorcycle tyres per day and 2,000 medium truck/bus tyres per day, this expansion will lift the plant’s annual rubber production capacity to 250 million pounds or 113,400 tonnes.
Continue ReadingAvon Tyres Cobra gets OE nod for two new Triumph motorbikes
Avon Tyres’ Cobra has been selected as the original equipment (OE) fitment tyres for Triumph Motorcycles’ Speedmaster and Bobber Black.
Continue ReadingFlux in freight markets results in reduced rates
Considering the increasing price of oil and continuing consolidation in the freight shipping, the slight decrease in freight rates, as shown on the graph, may come as a surprise. Maritime Cargo Services, a key freight forwarding agent in the UK tyre import business, explains...
Continue ReadingGrouptyre continues warehousing investment
Grouptyre has continued to invest in warehousing – overall it has 40 local/regional warehouses operated individually by its 10 regional members – and its e-commerce system, GroupLink, this year. The group reports a turnover of more than £310m, and collectively employs more than 1,200 people, of which 42 are business development managers; three regional sales managers cover the country. A nationwide fleet of more than 450 vans make, on average, deliveries to tyre retailers at least twice a day, with greater frequency and on-demand deliveries in some areas.
Continue ReadingBush Tyres celebrates 70 years of business
Grouptyre founding member Bush Tyres is celebrating 70 years in business this year. The family-owned company has earned a reputation as Lincolnshire and East Yorkshires leading independent tyre specialist, in both retail and wholesale, with its place within Grouptyre helping to form a nationally successful business.
Continue ReadingUUG7 meeting to preview new fleet auditing on e-jobsheet
CAM will present new fleet audit functionality on e-jobsheet at the seventh UniSerV User Group (UUG) meeting, on Thursday 12 October 2017 in Milton Keynes. The presentation will bring to a close six months of development to ensure end-to-end integration into UniSerV for fleet management purposes.
Continue ReadingLiqui Moly continues to back winter sports
Winter time is Liqui Moly time, the German motor oil and additive specialist states, as the colder months allow many of its products to show their true potential. And so the company has made sure that its logo can be seen at winter sports events around the world. This will remain this way in the coming two seasons. Furthermore, the company is setting its sights on new sports and is investing several million euros. This significantly tops the previous investment for advertising in winter sports.
Continue ReadingTechMan saves time, increases efficiency for Jim Steel Garage
TechMan says new customer Jim Steel Garage has already realised big benefits after going live in August with the garage management system. Led by Kevin Steel and his son Sam, the family run Beeston-based business offers MOTs, servicing and repairs for all makes of vehicle. Formerly a Unipart Car Centre, the business had been reviewing new management systems for several months until a visit from national sales manager Leo Freebairn led to them trying a demo site and opting to go with TechMan.
Continue ReadingGiti commences direct digital sale of car tyres to German consumers
Giti Tire Deutschland has made its Giti brand car tyres available to end users via its own web shop. In doing so, it joins a select band of tyre manufacturers pursuing similar distribution strategies in particular markets.
Continue ReadingKumho takeover implosion isn’t the end of market consolidation attempts
No I am not talking about the unqualifiable rumours that Doublestar made an offer of up to 250 million euros for Zenises. Rather, that in the first week of September we learnt that Doublestar’s proposed acquisition of Kumho was collapsing before the firm’s eyes after the Qingdao-Chinese tyre manufacturer asked for a double-digit discount. And it is also worth considering what all this means for the wider tyre manufacturing sector.
Continue ReadingHämmerling supplies millionth Athos truck tyres
One of the largest tyre wholesalers in Europe has celebrated its attainment of a new product landmark. Hämmerling - The Tyre Company’s Paderborn site issued the millionth delivery note for its Athos truck tyre range. The recipient of the delivery was a dealer in Scandinavia. “Just under a decade after an Athos tyre first left our warehouse,” says Olaf Hoppe, managing director of Hämmerling Group Holding, we are now one of the most important and Europe-wide valued brands in the truck tyre segment.
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