![Fintyre to open London head office](https://www.tyrepress.com/wp-content/uploads/2018/11/Fintyre-HQ-1.jpg)
Fintyre to open London head office
The last couple of years have been something of a whirlwind for the European Fintyre Distribution project, which has seen the business grow from a key player in the Italian market into a wider European operation with aspirations of being the leading force in pan-European tyre distribution and perhaps even beyond. Tyres & Accessories recently met with European Fintyre chief executive officer Mauro Pessi in order find out more about the company’s decision to base its central headquarters in London as well as its general, ongoing growth.
Continue Reading![CST extends Dutch football sponsorship](https://www.tyrepress.com/wp-content/uploads/2018/11/CST-Ajax-Sponsorship-sml.jpg)
CST extends Dutch football sponsorship
CST has extended its sponsorship of Dutch football club Ajax Amsterdam for a further three years until the end of the 2020-21 season. The Cheng Shin Tire brand’s connection to the club dates back to 2013, and their partnership was expanded two years later. The current arrangement sees CST represented by in-stadium advertisements, logos on the Ajax Amsterdam team bus as well as through diverse promotions and social media campaigns for CST car and bicycle tyres.
Continue Reading![Giti tyres on Lotus Cup Racers at 2018 Macau Grand Prix](https://www.tyrepress.com/wp-content/uploads/2018/11/Giti_Tire.jpg)
Giti tyres on Lotus Cup Racers at 2018 Macau Grand Prix
On 18 November Giti Tire took part in the 65th Macau Grand Prix, sponsoring and providing tyres to all drivers in the Lotus Cup racing competition. The event was one of six during the Grand Prix weekend, which brings racers and spectators from all around the world to the exciting street-circuit motorsports events around the city and ocean side of the historic city of Macau.
Continue Reading![Blackcircles.com entrepreneur launches online portal for US tyre retailers](https://www.tyrepress.com/wp-content/uploads/2018/11/Welch.jpg)
Blackcircles.com entrepreneur launches online portal for US tyre retailers
Mike Welch, the founder of Blackcircles.com has founded Tirescanner.com, a new online portal designed for North American tyre retailers. Initially investing more than $1million in the venture, Welch claims it will be “North America’s first online portal for brick and mortar tyre retailers.” Welch sold UK “click and fit” tyre retailer, Blackcircles to Michelin three years ago, and will bring his online experience to the world’s largest tyre retail market in the US, where replacement tyre sales reached $39.6 billion in 2017. Earlier in 2018, Welch became strategic adviser and shareholder of Indian e-commerce venture Tyremarket.com, while he joined the board of US player Simpletire.com in 2017, prior to US distributor Dealer Tires, itself currently in the process of being acquired by Bain Capital, making an investment in the company this year.
Continue Reading![Pon selling tyre wholesale business – new owner for GAC](https://www.tyrepress.com/wp-content/uploads/2018/11/Gundlach.jpg)
Pon selling tyre wholesale business – new owner for GAC
Netherlands-based transportation sector firm Pon Holdings announced yesterday its intention to divest Gundlach Automotive Corporation (GAC) at the end of this year to private equity investor Gilde Buy Out Partners. The business will thereafter operate as an independent company.
Continue Reading2017‑2021 trailer demand could set five-year record
Following the news that West European economies have had their forecasts for economic growth downgraded for 2019/20, analysts have concluded that suggestions of a slowdown in demand for trailers in the region during 2019 are likely to be correct.
Continue Reading![Apollo Tyres partners with Indian cricketing great](https://www.tyrepress.com/wp-content/uploads/2018/11/apollo-cricket-sml.jpg)
Apollo Tyres partners with Indian cricketing great
Extending its sports sponsorship engagement beyond football, Apollo Tyres has entered into a five-year agreement with former Indian international cricketer and team captain Sachin Tendulkar. This is the first time an individual celebrity has served as Apollo brand ambassador.
Continue Reading![Ghosn’s gone](https://www.tyrepress.com/wp-content/uploads/2018/11/Emerging_Economies_at_a_Crossroads_Carlos_Ghosn_8414704596.jpg)
Ghosn’s gone
Roughly two decades after taking the helm at Nissan (and later chairing the Japanese firm’s alliance with Renault and Mitsubishi), the carmaker’s board voted to remove company boss Carlos Ghosn following his arrest in Japan for underreporting his salary.
Continue ReadingVoltyre-Prom: Key shareholder announces aim to sell stake in tyre maker
The Russian Direct Investment Fund (RDIF) has informed Titan International of its wish to relinquish its shareholding in agricultural and industrial tyre manufacturer Voltyre-Prom. The Kremlin-backed sovereign wealth fund, which acquired the tyre maker together with Titan and private equity firm One Equity Partner in 2013, shared its intention via its exercise on 14 November of the settlement put option included within the Voltyre-Prom Shareholders’ Agreement.
Continue Reading![NIO confirms rising British star Chadwick for official Formula E test in Riyadh](https://www.tyrepress.com/wp-content/uploads/2018/11/Jamie-Chadwick.jpg)
NIO confirms rising British star Chadwick for official Formula E test in Riyadh
Jamie Chadwick, the only female driver to win a British Formula 3 Championship race, will make a high-profile test debut with ABB FIA Formula E Championship team NIO in Riyadh, Saudi Arabia, on Sunday 16 December – the day after the opening e-Prix of Season 5. NIO said that it is determined to help provide key opportunities on the international stage for the best young female racing talent, confirming 20-year-old Chadwick for the six-hour test at the Ad Diriyah Street Circuit. The British Racing Drivers’ Club (BRDC) ‘Rising Star’, from Tetbury in Gloucestershire, will pilot the NIO 004 chassis.
Continue Reading![Doublestar names Antonio Smith as general director for Spain and Portugal](https://www.tyrepress.com/wp-content/uploads/2018/11/DoubleStar.jpg)
Doublestar names Antonio Smith as general director for Spain and Portugal
Qingdao Doublestar Group, recently named Antonio Smith Montero as general director for the company in Spain and Portugal. With this announcement the company, which recently acquired Korean manufacturer Kumho Tire and is well-known for its Doublestar, Crossleader and Aosen brands has underlined its commitment to the Iberian tyre market.
Continue Reading![B2C tyre business: Pneo throws its hat into the ring](https://www.tyrepress.com/wp-content/uploads/2018/11/pneo.jpg)
B2C tyre business: Pneo throws its hat into the ring
Aged just 18, Phil-Kevin Sell founded German online tyre retailer fritzreifen in 2011, and followed this two years later with a mobile tyre fitting service, GoJames. Now, together with GoJames management team members Moritz Kampmann and Sebastian Severin Schulte, Sell has his eyes on a much bigger prize: They aim to establish Europe’s “leading B2C tyre platform.” This B2C platform is called Pneo, and the GoJames team intends to launch it by April 2019.
Continue Reading![Michelin becomes IndiGo tyre partner](https://www.tyrepress.com/wp-content/uploads/2018/11/IndiGo-Michelin.jpg)
Michelin becomes IndiGo tyre partner
IndiGo, the largest airline in India in terms of fleet size and passengers carried, has appointed Michelin tyre partner for its entire fleet. Michelin Aircraft Tyre will supply tyres from its Michelin Air range, primarily the Michelin Air X radial, for IndiGo’s Airbus A320 and ATR 72-600 aircraft – a current total of 189 planes.
Continue ReadingTransense supplying Peru copper mine
Transense Technologies PLC’s trading division Translogik has won a contract to supply 24 iTrack II mining tyre monitoring systems including the full suite of data analytics for large haul trucks at Southern Copper’s Cuajone mine in Peru. These systems are to be supplied on a subscription model basis.
Continue Reading![Koelnmesse fires COO](https://www.tyrepress.com/wp-content/uploads/2018/11/209_Portrait_EN_Hamma_001-800x533.jpg)
Koelnmesse fires COO
On 16 November, the supervisory board of Koelnmesse terminated its working relationship with chief operating officer Katharina C. Hamma (52) with immediate effect. According to the company, the board fired Hamma “in light of differing views on the future strategic direction of the company.”
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