Company News Archives - Page 475 of 554

Delticom turns 15

11th July 2014

This month, online tyre dealer Delticom celebrates 15 years in the business. The company was set up in Germany on 2 July 1999 by former Continental sales managers Rainer Binder and Dr. Andreas Prüfer, together with internet expert Timon Samusch. Initial capital invested in the company was DM 60,000 (approximately €30,000 using the changeover rate), and turnover in the second half of 1999 amounted to DM 1.8 million. On 15 January 2000, the four-employee company (at the end of 2013 Delticom had 254 employees) launched its first B2C portal, the German-market reifendirekt.de site, and the following May it entered the B2B segment with autoreifenonline.de. At its absolute peak, Delticom received 600 orders a day in 2000.

40% of consumers don’t know what tyres are on their car

10th July 2014

New data from Innocean Worldwide Europe suggests that low brand recognition levels in the European tyre markets mean challenger brands have an opportunity to step up and occupy increased market share. The research found that some 40 per cent of consumers have no idea what make of tyres is on their car – and almost half of buyers (46 per cent) spend less than five minutes in the decision making process before buying new ones. Therefore the study, which was published on 8 July, adds that because tyre brands are “failing to gain traction in the minds of consumers” this is a “golden opportunity for new challengers looking to shake up the market.”

Federal celebrates 60th anniversary at Reifen

10th July 2014

Taiwanese manufacturer Federal marked its 60th anniversary with a gala party held in the Philharmonie Essen RWE Pavillon. Featuring its product range and long-serving and popular mascot Feddi at its Reifen 2014 stand, Federal’s diamond jubilee was described by chairman Jamie Ma as “just the beginning” in a speech given to business partners at the evening event.

Linglong partnering with IDIADA in China tyre test centre project

10th July 2014

On 1 July Linglong Group signed a strategic agreement with IDIADA to partner in the construction of a central Asian tyre proving ground. The agreement was signed between Josep-Maria Farran, COO (chief operating officer) of IDIADA, and Wang Feng, vice president of Linglong Group, marking the start of this strategic cooperation.

Pelmar removing, selling equipment from Fort Dunlop motorsport tyre plant

9th July 2014

At the end of May, tyre manufacture at Dunlop Motorsport’s plant in Birmingham came to an end, with car tyre production transferred to Goodyear Dunlop’s Hanau factory in Germany and motorcycle tyre production to the company’s Montlucon facility in France. While some of the machinery from the Fort Dunlop facility will be shipped to other sites, most will be sold off; the Pelmar Group reports that it has been appointed to dispose of equipment from the plant.

Gaither Tool debuts new corporate branding, extends Bazooka range

8th July 2014

Gaither Tool’s new corporate imagery made its European debut at Reifen 2014, with the Jacksonville, Illinois company’s European office also showcasing the all-new XL Smart Cart and extended Bazooka product range.

Spain’s Koem Grupo to distribute Aeolus

7th July 2014

Aeolus Tyre has appointed Koem Grupo Comercial S.L. its consumer segment distributor in Spain, Andorra and the Spanish islands. The arrangement gives Koem exclusive distribution of Aeolus’ passenger car, van and SUV tyre ranges.

Blackcircles considers investment options

4th July 2014

Following the news that Blackcircles.com opened its fourth PitStop Click&Fit tyre bay in Glasgow at the end of June, Tyres & Accessories spoke with the company’s founder and managing director Mike Welch in order to find out more about the company’s plans and hints that it is courting investment this year.

The return of US tyre import tariffs?

4th July 2014

The global tyre industry is keeping a watchful eye on the US International Trade Commission, which is set to make a preliminary decision on whether or not to enforce import duties on tyres produced in China. Preliminary arguments for and against this were made before the body on 24 June and since then the US Tire Industry Association (TIA) has also weighed in. However, ITC won’t make its initial ruling till 8 July.

Electric vehicles used to measure air pollution

3rd July 2014

Scientists from the University of Leicester will be taking to the streets in electric vehicles (EVs) fitted with specialised air monitoring sensors, with the intention of measuring the extent of air pollution in city environments. The Air Quality Group at the University of Leicester has collaborated with Cenex, the UK’s First Centre of Excellence for Low Carbon and Fuel Cell technologies, who specialise in bringing new low and zero emission vehicle technologies to the UK roads.

Apollo launches Alnac 4G all season and winter tyres

2nd July 2014

With its sights set on gaining a bigger part of the European tyre market, on 27 May Apollo Tyres introduced two new tyres in Essen. The two new tyres, Apollo Alnac 4G All Season and Apollo Alnac 4G Winter tyres, joined to the existing range of Apollo Alnac 4G tyres being sold in Europe. Both tyres were developed in Apollo Tyres’ Global R&D Centre in the Netherlands and have been optimised to suit the requirements of European drivers and the European road network. While this was going on in the foreground, in the background the company has been involved in complex discussions relating to its much publicised plans to build an Eastern European factory. To this end Tyres & Accessories spoke with chief marketing officer Marco Paracciani. But first the new products…

Mr Tyre acquires NSTB Group

2nd July 2014

North Staffordshire-based independent tyre dealer, NSTB Group Ltd, has been acquired by Mr Tyre Ltd. Included in the deal are the companys three operational branches in Newcastle-under-Lyme, Tunstall and Longton, which are branded as North Staffs Tyre and Battery Autocentres.

Apollo increases Chennai tyre plant by 50%

2nd July 2014

Apollo Tyres Ltd’s board of directors has approved the expansion of truck-bus radial capacity at the Chennai plant from present levels of 6000 tyres per day to 8900 tyres per day. According to the company this move stems from the fact that the Chennai plant is outperforming projections.

Cooper reorganises senior leadership

2nd July 2014

Cooper Tire & Rubber Company chairman, chief executive officer and president Roy Armes has announced details of a reorganisation of the company’s executive leadership centring on the appointment of a new president – International Operations. The changes take effect immediately.

Creditor funding for Kumho US plant approved; production to start early 2016

2nd July 2014

Kumho Tire has announced that work will resume on its tyre plant in the US state of Georgia. In a Korean-language statement issued 30 June, the company said it had approved an investment by creditors, and anticipates that the US$413 facility will be complete in early 2016. This information was confirmed the following day by the Macon-Bibb County Industrial Authority.

« Previous 1 … 473 474 475 476 477 … 554 Next »

Delticom turns 15

40% of consumers don’t know what tyres are on their car

Federal celebrates 60th anniversary at Reifen

Linglong partnering with IDIADA in China tyre test centre project

Pelmar removing, selling equipment from Fort Dunlop motorsport tyre plant

Gaither Tool debuts new corporate branding, extends Bazooka range

Spain’s Koem Grupo to distribute Aeolus

Blackcircles considers investment options

The return of US tyre import tariffs?

Electric vehicles used to measure air pollution

Apollo launches Alnac 4G all season and winter tyres

Mr Tyre acquires NSTB Group

Apollo increases Chennai tyre plant by 50%

Cooper reorganises senior leadership

Creditor funding for Kumho US plant approved; production to start early 2016

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