![Halfords confirms Viking and McConechy’s Warrington warehouse sale](https://www.tyrepress.com/wp-content/uploads/2024/01/Capital-Tyres-Van.jpg)
Halfords confirms Viking and McConechy’s Warrington warehouse sale
Following the news that Bond International is set to acquire the Viking tyre wholesale business, Halfords Group executives have confirmed to Tyres & Accessories that, Bond will indeed acquire the Viking and Birkenshaw tyre wholesale businesses. At the same time, Halfords Group commercial director/director Halfords Commercial Fleet Services, Robin Shaw clarified that the Bond acquisitions only include the McConechy’s warehouse in Warrington which came into the Halfords group as part of its McConechy’s acquisition in 2019. Meanwhile, Halfords continues to invest in its Commercial Fleet Services operations which have grown out of Halfords’s acquisitions of the members of ULM – Universal, Lodge and McConechy’s.
Continue Reading![Toyo Tires dissolving Europe Project Development Department, appoints Murase GM of EMEA Sales](https://www.tyrepress.com/wp-content/uploads/2023/08/toyo-placeholder.jpg)
Toyo Tires dissolving Europe Project Development Department, appoints Murase GM of EMEA Sales
Toyo Tire Corporation has announced changes related to its business within Europe. Effective 1 February, the company is “constructively” dissolving its International Production Division’s Europe Project Development Department. Meanwhile, Takanori Murase will become the new General Manager of Toyo Tire Corporation’s Europe, Sales Department and Sales Division for the Africa & Middle East region, effective 1 April 2024.
Continue Reading![Next stop Mexico? Analysing Chinese companies’ overseas factory choices](https://www.tyrepress.com/wp-content/uploads/2024/01/Mexico-scaled.jpg)
Next stop Mexico? Analysing Chinese companies’ overseas factory choices
In 2023, China’s tyre industry experienced “ice and fire”. On the one hand, large tyre makers with sufficient foreign trade orders or with overseas factories doubled growth in revenue and net profit. On the other hand, the slow recovery of the Chinese market, especially the lack of demand in the radial truck tyre (TBR) sector, has put the entire downstream industry under tremendous pressure.
Continue Reading![Sailun ups Cambodia expansion to 12 million tyres](https://www.tyrepress.com/wp-content/uploads/2024/01/Cambodia-flag-sml.jpg)
Sailun ups Cambodia expansion to 12 million tyres
Following on from an October 2023 announcement that it will extend annual passenger and light commercial vehicle tyre capacity in Cambodia by 6 million pieces, Sailun Group has approved additional investment in its plant. It will invest a further RMB 773.69 million (£85.05 million) to expand the capacity expansion project from 6 million to 12 million tyres a year. In total, Sailun is investing RMB 2.25 billion (£247.33 million) in its Cart Tire Co. Ltd. project, which will result in a facility capable of making 21 million semi-steel radial tyres a year.
Continue Reading![Remember This? – January 2024](https://www.tyrepress.com/wp-content/uploads/2023/09/Jan-04-FC.png)
Remember This? – January 2024
Our monthly magazine column looks back at the biggest news events from the tyre industry five, 10, 15 and 20 years ago. This months edition looks back to January issues from 2004, 2009, 2014, and 2019 for some of the biggest tyre industry news of those months. Click the month and year to access the digital edition of the relevant issue of the magazine from Tyres & Accessories’ expanding digital archive.
Continue Reading![Could Red Sea shipping issues be catalyst for UK to increase circular economy capacity utilisation?](https://www.tyrepress.com/wp-content/uploads/2020/07/elt-stacks-scaled.jpeg)
Could Red Sea shipping issues be catalyst for UK to increase circular economy capacity utilisation?
The UK’s exportation of end-of-life tyres (ELTs) is coming under further scrutiny considering the current crisis in the Red Sea, which is disrupting shipments to the Indian subcontinent, a typical route for many the country’s ELT arisings. Research reveals that this might total as much as 300,000 tonnes of ELTs. With the economic feasibility of these exports under threat, the Tyre Recovery Association is asking for governmental support in promoting the utilisation of currently dormant capacity to process ELTs within the country. The positive case for this is that useful materials can be extracted from ELTs, supporting the country’s circular economy with the residual value offered by proper processing. Meanwhile, the TRA adds, the country would also be doing the right thing in not allowing ELTs to become a highly pollutive issue for authorities in the Indian subcontinent, where UK waste supports unethical, dangerous, and illegal businesses.
Continue Reading![Bond International buys Viking and McConechey’s fleet](https://www.tyrepress.com/wp-content/uploads/2024/01/447991441.jpeg)
Bond International buys Viking and McConechey’s fleet
Well-known tyre wholesale business Bond International was growing fast before the latest acquisitions were announced, but now the company has agreed to purchase Stepgrades Motor Accessories Limited trading as Viking Wholesale Tyres, Birkenshaw Distributors Limited and McConechey’s Commercial Fleet Services, growth will be considerably faster. All three Stepgrades businesses have been acquired from Halfords Group Plc as part of a deal which will see Bond International partner with Halfords to distribute tyres to all of their network. Moving forward, company representatives suggested that there will “further announcements” as the company looks to expand its operation in Scotland, where the business previously had limited exposure.
Continue Reading![ETRMA members’ replacement tyre sales continue negative trend in Q4 2023](https://www.tyrepress.com/wp-content/uploads/2024/01/Spanner-tyre-centre-sml.jpg)
ETRMA members’ replacement tyre sales continue negative trend in Q4 2023
The European Tyre and Rubber Manufacturers’ Association (ETRMA) has published details of its members’ European replacement market sales for the fourth quarter of 2023. The figures show a year-on-year decline in all market segments.
Continue Reading![DVSA staff striking during February](https://www.tyrepress.com/wp-content/uploads/2014/04/Logo.jpg)
DVSA staff striking during February
The Driver and Vehicles Standards Agency (DVSA) has confirmed that the Public and Commercial Services Union (PCS) has served DVSA notice of strike action on 8 and 9 February as well as 10 and 11 February 2024. This means that up to 2000 staff from 270 centres across the country will strike.
Continue Reading![Dynomec invest >£1 million developing new locking wheel nut removal tool](https://www.tyrepress.com/wp-content/uploads/2024/01/DUAL_STRIKE_IMPACT_DRIVER-2.jpg)
Dynomec invest >£1 million developing new locking wheel nut removal tool
Two decades after the introduction of Dynomec’s patented locking wheel nut removal tool, 2024 saw the Wakefield-based company introduce a brand-new version in January. The company has also been working with the RAC in order to bring it to market.
Continue Reading![7 websites blocked in 40-million-euro Italian online tyre fraud case](https://www.tyrepress.com/wp-content/uploads/2024/01/25012024_080458_Foto-nucleo.jpg)
7 websites blocked in 40-million-euro Italian online tyre fraud case
The Italian Guardia di Finanza has discovered large-scale online tyre fraud. According to our sister publication Pneusnews.it, the investigation has led to the execution of five “personal precautionary measures” for VAT fraud in the Italian online tyre trade and the seizure of about 40 million euros by Turin European Public Prosecutors Office.
Continue Reading![Bridgestone set to invest $5 billion in enhancing EV tyre offering](https://www.tyrepress.com/wp-content/uploads/2024/01/img_main_2023-1110.jpg)
Bridgestone set to invest $5 billion in enhancing EV tyre offering
Bridgestone is planning to invest around 800 billion yen ($5.38 billion) over the three years between now and 2026, with the money earmarked for the development of electric vehicle and mining tyres along with decarbonization technologies, according to a Nikkei report.
Continue Reading![Departures & arrivals – changes to Borbet’s management team](https://www.tyrepress.com/wp-content/uploads/2024/01/Borbet-Oliver-Schneider.jpg)
Departures & arrivals – changes to Borbet’s management team
Three managing directors are parting ways with wheel manufacturer Borbet, and not all are going voluntarily. One is Oliver J. Schneider, who as managing director of Borbet Vertriebs GmbH is in charge of aftermarket business. He is leaving at his own request, and Borbet has yet to name his successor. Two other members of the Borbet GmbH management team also ended their tenures with the company in the past week.
Continue Reading![Thinkcar promotes free TPMS T90 tool offer](https://www.tyrepress.com/wp-content/uploads/2024/01/tpms-warning.png)
Thinkcar promotes free TPMS T90 tool offer
Thinkcar UK is offering its newest T90 TPMS tool for free when customers buy 20 TPMS sensor valves. The T90 offer is available on a first-come, first-served basis, while stocks last.
Continue Reading![Dean Dyoss promoted to sales director at Kumho Tyre UK](https://www.tyrepress.com/wp-content/uploads/2024/01/Dean-Dyoss-KTUK-1-web.jpg)
Dean Dyoss promoted to sales director at Kumho Tyre UK
Kumho Tyre UK promoted Dean Dyoss to the role of sales director effective 1 January 2024. Dyoss has more than 30 years of experience in the tyre industry in various sales positions with the likes of Bridgestone and Nankang as well as with Point S and Kwik Fit on the retail side. However, he has spent the last eight years with Kumho where he has been key account manager. As a result of his promotion, Dyoss will take responsibility for the Kumho consumer products sales team including business development and key accounts.
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