Kumho UK to take over when Micheldever tyre distribution ends in May
Following the news that Micheldever and Kumho Tyre are ending their 15-year distribution relationship, Kumho Tyre (UK) Ltd. (KTUK) has confirmed that the cooperation will end in May 2018. After that date, KTUK will itself be responsible for distributing Kumho branded car, 4x4 and van products in the UK (excluding Northern Ireland).
Continue ReadingCenex commends decision to host international Zero Emission Vehicle Summit
Cenex, host of Cenex-LCV, the UK’s premier technology showcasing and networking event for the international low emission vehicle community, is delighted that Prime Minister Theresa May has announced new measures to tackle the effects and causes of climate change. Having attended the One Planet Summit in Paris yesterday, the Prime Minister has announced: £140 million of new funding to help the world’s poorest communities address the effects of climate change; expansion of UK and Canada-led alliance to reduce international use of unabated coal; and confirmation that the UK will host an international Zero Emission Vehicle Summit in Autumn 2018.
Continue ReadingMotorcycle sales down for 11th month running
According to figures from the Motor Cycle Industry Association registrations in November fell by -17.7 per cent compared to the same period in 2016. Year-to-date decline stood at -15.7 per cent. In total, 6,288 bikes were registered in the month.
Continue ReadingMike Welch launches new property investment fund
Full Circle Partners, the investment advisory firm co-founded by Blackcircles.com founder Mike Welch has launched a new property fund. FCP Property Development Fund will provide loans ranging from £250,000 to £2.5 million. It has reportedly already invested approximately £6 million and could raise that to £20 million in the next year or so.
Continue ReadingFord scrappage scheme extended to Q1 2018
The Ford scrappage scheme, which includes cars and CVs, is to be extended into the first quarter of 2018. The success of the scheme, which has seen over 10,500 vehicles scrapped and replaced with cleaner, more fuel efficient vehicles, is expanded to include the Ford Ranger as well as the most popular all-new Fiesta, Focus and Transit CV models.
Continue Reading![Midwest donates to local homeless charity](https://www.tyrepress.com/wp-content/uploads/2018/01/midwest-donates.jpg)
Midwest donates to local homeless charity
West Midlands based automotive parts distributor, Midwest Motor Factors, has donated much-needed funds to the Good Shepherd Ministry, a local charity that assists the homeless and others in need in Wolverhampton. Midwest donated £250 to the ministry in memory of popular Bilston Town FC chairman and community champion Graham Hodson, who died earlier this year.
Continue Reading![Micheldever ending Kumho tyre distribution in May](https://www.tyrepress.com/wp-content/uploads/import/kumhoflagweb_205028819.jpg)
Micheldever ending Kumho tyre distribution in May
Micheldever Tyre Services (MTS) has confirmed it is ending its 15-year tyre distribution partnership with Kumho Tyre in the UK. According to the company, the exclusive distribution agreement with Kumho Tyre will “end by mutual agreement” by the end of May 2018. However, MTS says the decision has also been prompted by a “clash of long-term ambition” for the Kumho brand in the UK. It comes at the same time Kumho’s global headquarters is embroiled in a complex ownership and financing struggle.
Continue Reading![Ulster Tyres celebrates its 40th anniversary](https://www.tyrepress.com/wp-content/uploads/2018/01/Picture5.jpg)
Ulster Tyres celebrates its 40th anniversary
2 January 2018 is a very special day in the history of Ulster Tyres. 40 years ago the company was founded by husband and wife team Joe and Brighid McGinley. Joe was a director for a local tyre company and seen the opportunities in the tyre trade. Tentatively they opened the business in 1978 beside Whitehouse Motors in Ballybofey.
Continue ReadingTerraClean to unveil motorsport sponsorships at Autosport
TerraClean will offer visitors insights into its motorsport ‘adventures’ and engine cleaning solutions when it exhibits at the 28th Autosport International Show on 11-14 January 2018.
Continue ReadingIncentives helped Triangle decide to build US factory in North Carolina
Triangle Tire’s decision to build its North American manufacturing facility in North Carolina was helped by the offer of $152 million in state and local financial enticements, state officials announced December 19. The company will receive $66 million in state incentives and $86 million from Edgecombe County. The two-phase project is expected to be complete by 2023.
Continue Reading![UK commercial vehicle manufacturing declines by a third in November](https://www.tyrepress.com/wp-content/uploads/2017/12/cv-manufacturing-nov17.jpg)
UK commercial vehicle manufacturing declines by a third in November
UK commercial vehicle (CV) manufacturing fell -34.6 per cent in November, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). A total of 6,312 vans, trucks, buses and coaches left production lines last month; the SMMT comments that declining business confidence and fluctuating buying cycles continued to affect production volumes.
Continue Reading![Fire Fences in red hot form to win Firestone’s Battle of the Bands](https://www.tyrepress.com/wp-content/uploads/2017/12/Fire-Fences-1-003-sml.jpg)
Fire Fences in red hot form to win Firestone’s Battle of the Bands
An unsigned Cardiff rock band is dreaming of a massive fan-base and headline gigs at the Millennium Stadium after beating more than 300 grassroots entries to win Firestone’s Battle of the Bands competition.
Continue Reading![Survey finds garages are unaware about benefits of an up-to-date management system](https://www.tyrepress.com/wp-content/uploads/2017/12/technician-with-tablet.jpg)
Survey finds garages are unaware about benefits of an up-to-date management system
Almost 80 per cent of independents have been using the same garage management system for more than three years and risk “getting left behind by the dealer networks”, according to TechMan. The findings, which were revealed in a survey of independent garages, also show that a staggering 40 per cent have had the same management system for more than five years, with just 13 per cent having switched in the last year.
Continue Reading![Exol introduces Harvest LV UTTO](https://www.tyrepress.com/wp-content/uploads/2017/12/Harvest-UTTO-20L-Drum.jpg)
Exol introduces Harvest LV UTTO
Exol Lubricants has launched a new synthetic off-highway universal oil for transmissions, hydraulics, final drives and wet brakes named Harvest LV UTTO. The new addition is a fully synthetic, low viscosity, universal tractor transmission oil specially designed to provide long drain performance in a wide variety of off-highway applications. Harvest LV UTTO offers many benefits including improved anti-squawk performance in brake systems, excellent oxidation stability, and outstanding anti-w
Continue Reading![National Auto Parts launches new wheel hub bearing kits](https://www.tyrepress.com/wp-content/uploads/2017/12/Wheel-Hub-Bearing-Kit-2.jpg)
National Auto Parts launches new wheel hub bearing kits
National Auto Parts, the clutch and brake specialist, has launched its new wheel hub bearing kits range, further increasing its UK and European car parc coverage to more than 95 per cent. Backed by a two-year/20,000-mile guarantee, the range features 50 new part numbers for front and rear, covering 100 applications from some of the world’s largest vehicle manufacturers, including Volvo, BMW, Peugeot and Ford.
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