![Delphi Technologies to support independent auto technicians with new information hub](https://www.tyrepress.com/wp-content/uploads/2023/01/DT-BW_MoM_Technician-Main-Image.jpg)
Delphi Technologies to support independent auto technicians with new information hub
BorgWarner brand Delphi Technologies has launched its new Masters of Motion hub aimed at independent garage technicians. The company said the launch heralds a “sustained campaign to support technicians and workshops even more closely.” The availability of qualified technicians adequately prepared for the rapid changes in the car parc, including the rise of electric vehicles and increasingly complex advanced driver assistance systems (ADAS), is one of the key challenges currently facing the automotive aftermarket.
Continue Reading![Mobivia: Acquiring Michelin’s ATU shares makes sense from strategic standpoint](https://www.tyrepress.com/wp-content/uploads/2023/01/ATU.jpg)
Mobivia: Acquiring Michelin’s ATU shares makes sense from strategic standpoint
Yesterday we reported that Mobivia Group had reacquired from Michelin its 20% stake in ATU or would do so “in the next few days,” becoming once again sole owner of the German garage and automotive parts network. At the time, Mobivia hadn’t responded to requests for further information, but a statement from company headquarters arrived this morning and sheds some light on the reason behind the buyback. What’s more, further research suggests Michelin was unable to realise its purchase price when selling the stake.
Continue Reading![YOHT – fire report incorrect](https://www.tyrepress.com/wp-content/uploads/2023/01/Yokohama-no-fire.jpg)
YOHT – fire report incorrect
Yokohama Off-Highway Tires notes that an erroneous report of a fire at its plant in Hadera, Israel has “caused confusion in the tyre industry.” Company officials confirmed today that there was no fire at the facility.
Continue Reading![3D printing to reduce Hankook’s production costs](https://www.tyrepress.com/wp-content/uploads/2023/01/Hankook-3D-sml.jpg)
3D printing to reduce Hankook’s production costs
Hankook Tire is set to reduce costs and wastage in its production facilities thanks to a research collaboration with Korea Atomic Energy Research Institute and HM3DP, a 3D printing start-up. Working with these partners, Hankook has developed ‘Damaged Parts Restoration 3D Printing Technology’, which it will use to restore titanium alloy blades that are damaged while cutting tyre rubber during the production process.
Continue Reading![Nokian Tyres: Romania contributing 99.55 million euros to factory project](https://www.tyrepress.com/wp-content/uploads/2023/01/Romania-cabinet-sml.jpg)
Nokian Tyres: Romania contributing 99.55 million euros to factory project
The government of Romania has approved state aid of almost 100 million euros to Nokian Tyres PLC. The tyre maker intends to establish a new factory in Oradea, and the ad hoc regional state aid will finance the costs related to the factory’s establishment and address the financing gap related to this greenfield investment.
Continue Reading![Trusted partner – Frost & Sullivan honours Webfleet again](https://www.tyrepress.com/wp-content/uploads/2023/01/frost-sullivan-award2022-key-visual-sml.jpg)
Trusted partner – Frost & Sullivan honours Webfleet again
Webfleet is a Frost & Sullivan Company of the Year, with the Bridgestone fleet management system gaining the 2022 European Commercial Fleet Telematics Company of the Year Award. This is the second consecutive year that Frost & Sullivan has honoured Webfleet with this distinction.
Continue Reading![Analysts: Conti ’missed’ EBIT by 15%, notwithstanding better Tires performance](https://www.tyrepress.com/wp-content/uploads/2022/05/Conti-since-1871-sml.jpg)
Analysts: Conti ’missed’ EBIT by 15%, notwithstanding better Tires performance
Following the news that Continental AG has pre-released fourth-quarter 2020/full-year 2022 sales, adjusted pre-tax profit (EBIT) margin and free-cash-flow figures, financial analysts immediately began sharing their verdict.
Continue Reading![Luca Mai returns to Triangle Tyre as OTR director Europe](https://www.tyrepress.com/wp-content/uploads/2019/05/Luca-Mai-sml.jpg)
Luca Mai returns to Triangle Tyre as OTR director Europe
Luca Mai has returned to Triangle Tyre in Europe to lead the Chinese manufacturer’s off-the-road tyre segment. OTR specialist Mai left his position as OTR director Europe at the end of August 2021 having joined the company in 2019. The OTR tyre expert previously spent two decades at Marangoni. He reassumed his tenure as part of the European Triangle team, managing the OTR segment, at the start of the year. Corrado Moglia, CEO of Triangle Europe said Mai’s “skills, experience, and knowledge of the sector, with the passion that sets him apart, will help us achieve our goals.”
Continue Reading![BKT launches new look website](https://www.tyrepress.com/wp-content/uploads/2023/01/BKT_Visual_Website-sml.jpg)
BKT launches new look website
The revamped BKT website is now live, and the off-highway tyre specialist wants us to know that it features some bells and more than a few whistles. Following an “in-depth restyling and redesign of the browsing experience,” BKT’s new online home at bkt-tires.com delivers a “comfortable and user-friendly environment for users” that offers “no lack of exclusive content, first-hand accounts and constantly updated information.”
Continue Reading![ATU: Mobivia acquires Michelin’s minority shareholding](https://www.tyrepress.com/wp-content/uploads/2023/01/ATU-outlet-sml.jpg)
ATU: Mobivia acquires Michelin’s minority shareholding
Five years ago, Michelin purchased a 20 per cent stake in German automotive parts and servicing network ATU for 60 million euros. The French tyre maker has now confirmed that majority shareholder, France’s Mobivia Group, will acquire the minority stake from Michelin “in the next few days” and thus become the retail chain’s sole owner
Continue Reading![Point S building on UK investment](https://www.tyrepress.com/wp-content/uploads/2023/01/PointS-website-sml.jpg)
Point S building on UK investment
As part of its endeavours to be the “UK’s leading independent tyre dealer and car maintenance network,” in 2022 Point S Tyre & Autocare made a “substantial investment” in its independent auto centres. Point S says its members “can expect a year of further network development and progress in 2023” that builds upon this investment.
Continue Reading![Despite “unsatisfactory” cash flow, Continental 2022 sales & margins within range](https://www.tyrepress.com/wp-content/uploads/2023/01/Continental-logo-sml.jpg)
Despite “unsatisfactory” cash flow, Continental 2022 sales & margins within range
Using “initial preliminary and unaudited figures” as a source, Continental Group has published its key financial figures for Q4 and fiscal 2022. These show adjusted free cash flow to be significantly below the target range. The tyre maker and automotive systems company is nevertheless confident of achieving its targeted consolidated sales and adjusted margin.
Continue Reading![Vredestein sponsoring Alpine World Ski Championships](https://www.tyrepress.com/wp-content/uploads/2023/01/Wintracpro-Vredestein-sml.jpg)
Vredestein sponsoring Alpine World Ski Championships
The Vredestein tyre brand is to become an Official Sponsor of the 2023 FIS Alpine World Ski Championships, which will take place in Courchevel Méribel, France, between 6 and 19 February 2023. Apollo Tyres, owner of the Vredestein brand, signed the sponsorship deal to “help drive awareness of the award-winning Vredestein winter and all-season tyre ranges.”
Continue Reading![Ceat plant named a WEF Lighthouse](https://www.tyrepress.com/wp-content/uploads/2023/01/CEAT-WEF-sml.jpg)
Ceat plant named a WEF Lighthouse
Ceat has become the first tyre brand to gain World Economic Forum (WEF) ‘Lighthouse’ certification. Managing Director Anant Goenka accepted the honour at a ceremony in Davos on Monday. The tyre maker’s Halol plant in India is one of just 132 facilities in the WEF Lighthouse Network.
Continue Reading![Yokohama UK names Lucie Dalton as marketing manager and Charlotte Hodgson as price and demand planning manager](https://www.tyrepress.com/wp-content/uploads/2023/01/Yoko-app-merge-scaled.jpg)
Yokohama UK names Lucie Dalton as marketing manager and Charlotte Hodgson as price and demand planning manager
Yokohama UK reports that it has appointed Lucie Dalton, as its new marketing manager and Charlotte Hodgson as price and demand planning manager in a move that completes its senior management team.
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