Grouptyre warehouse openings cap year of development for wholesaler
Grouptyre opened new warehousing facilities in Tyne and Wear in September, joining other recent additions in Aylesbury, Brentwood, Leeds and Worcester over the last 12 months – a busy period for the company. In addition to this investment in its physical infrastructure, 2014 also saw the wholesale group launch an improved e-Commerce facility, Tyres Online, on which more information is presented in the Online Tyre Business section of this issue.
Continue ReadingNew Starco Sri Lanka solid tyre factory opens
Starco has opened a new solid tyre manufacturing facility in Sri Lanka. The new facility, which has a capacity of 100,000 tyres per annum, replaces the original Starco facility in the country three years after starting production, and Starco states that the success of the venture has led to the need for a larger, more modern and better equipped factory. Starco continues that much attention has been paid to employee health and safety and welfare A Sri Lankan ceremony, in which the new workplace and its employees and management were blessed according to the local Buddhist tradition, was held in September to mark the opening.
Continue ReadingDunlop Aircraft Tyres announces North Carolina as preferred site for US plant
British aviation tyre manufacturer, Dunlop Aircraft Tyres has identified a site in Mocksville, North Carolina as the preferred base for its first retreading facility in the United States. The world’s only specialist aircraft tyre manufacturer and retreader announced its decision to establish the facility in order to boost its competitiveness across the Americas.
Continue ReadingSailun, DistriCash demonstrate UHP tyre performance gains in France
Tyre manufacturer Sailun showed its commitment to the US market by bringing online its tariff-beating Vietnam plant earlier in the year. Now, at an event co-hosted by distributor DistriCash in the picturesque Brittany village, Lohéac, France, the manufacturer has demonstrated its growing response to European markets’ performance demands with its latest ultra-high performance tyre, the Atrezzo ZSR.
Continue ReadingCooper tops global social media ranking
Cooper Tire is the world’s leading tyre company in terms of global social media influence, according to research conducted by Tyres & Accessories. Meanwhile the 2014 rankings also show that Michelin went up one place and held off Continental to top our UK chart. There has been significant change in both cases as well as a strengthening in the online presence of mid-range brands, something we also found in our online brand equity research (see separate article).
Continue ReadingWide variation in prices achieved by different brands and platforms online
Online tyre retailing continues to grow in volume and influence – something that has been expected for a long time. However, the proliferation of differing online strategies is something that is proving to be less predictable. Gone are the days when online tyre retailing was simply a price competition, or in other words a race to the bottom. That strategy has resulted in the demise of many here-today-gone-tomorrow startups and has instead led to the development of a considerably more nuanced market place. Still, the online tyre space remains fiercely competitive with the likes of Blackcircles and Tyregiant each signing deals with supermarkets Tesco and Asda respectively; and with National Tyres backing the AA’s tyre offer, as another example, In other words, this market is now about far more than who can offer budget tyres for the lowest price.
Continue ReadingMid-range online brand value growing
French manufacturer Michelin has won our global online tyre brand value rankings for the seventh consecutive year. However, while Michelin deserves credit for the unparalleled achievement. This year’s research also shows significant growth from Korean manufacturers/mid-range brands. Tyres & Accessories once again partnered with NetNames, a partnership that this year celebrates its 10th set of annual results and 10 years of assessing tyre brands’ online prominence and sentiment.
Continue ReadingBentley’s Dr Ariane Reinhart joins Continental’s executive board
Dr Ariane Reinhart (44) assumed her post as Executive Board Member for Human Resources at Continental AG today (1 October), raising the company’s executive board to nine members. The supervisory board of automotive supplier/tyre manufacturer appointed Dr. Reinhart during a meeting on 25 April 2014. Her contract runs for three years.
Continue ReadingKwik-Fit profits double to £22 million in full-year 2013 results
Kwik-Fit GB has reported operating profits of £22.922 million – almost double the 2013 figure of £11.918 million – despite annual sales remaining relatively flat (the company posted just a 1 per cent increase over 2013).
Continue ReadingPirelli leading the market in premium winter tyre OE
The development of the winter tyre market has been a topic of discussion for years now. During the last decade this niche segment has experienced significant growth (see chart 1). And while winter tyres still only account for between one and two per cent UK replacement market share, that isn’t the case across Europe where winter tyre share exceeds 50 per cent. Besides, that doesn’t negate the safety benefits these products offer. Neither does it undermine the retail opportunities available to the trade. And of course the development of winter tyres – as with summer tyres and other products – is best done in partnership with original equipment manufacturers. With all this in mind, it is no surprise that premium-focused manufacturer Pirelli invests what it does in the development, distribution and crucially the communication of the benefits of winter tyres. For example Pirelli held a series of experience events earlier this summer in order to not only explain but also demonstrate the benefits of winter tyres to market customers and partners. Tyres & Accessories attended one such event at Tamworth Snowdome and learnt how strong Pirelli is in this segment and experience the difference winter tyres make – especially on luxury 4x4 vehicles.
Continue ReadingPirelli remains only tyre firm in Global Compact 100 sustainability index
For the second consecutive year Pirelli reports that it is the only tyre company present in the ”Global Compact 100” sustainability index, launched last year by UN Global Compact in collaboration with Sustainalytics.
Continue ReadingBridgestone shares safety message through ‘universal language’ of sport
Safety is the key focus of a new advertising campaign Bridgestone launched in six key European markets this month. The claim “There is only one part of your car’s safety systems that actually touches the road” takes centre stage in this multi-channel campaign for the UK, German, French, Italian, Spanish and Polish markets.
Continue ReadingGoodyear using rice husk ash in tyre manufacturing
Rice husk waste once headed for landfills is now helping The Goodyear Tyre & Rubber Company produce fuel-efficient tyres. Goodyear today announced it will utilise ash left over from the burning of rice husks to produce electricity as an environmentally friendly source of silica for use in its tyres.
Continue ReadingMarangoni workshop backs launch of Ringtread Blackline
Marangoni Retreading Systems has hosted an event dedicated to its premium retread line: Ringtread Blackline. 25 customers from throughout Europe were selected as the most important representatives of the Ringtread System Network, meeting in Germany, nearby Henstedt Ulzburg.
Continue ReadingMichelin acquires land for potential growth in Canada
Michelin is a step closer to future-proofing its Waterville factory site in Canada now that its bid to purchase adjacent land has been approved. It is understood that Michelin Canada will purchase 21 hectares, about half of an area currently used as an airport, and will set this extra land aside for the time being. It is hoped the land will come in handy should Michelin seek a location to host major expansion plans in future.
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