Tyre Manufacturers In FT Top 500
The Financial Times has published its annual list of the top 500 global companies, ranked by market capitalisation. The only tyre company in the world list is Bridgestone, at position number 300. In the list of the top 500 European companies, there are three; Michelin (304), Pirelli (311) and Continental (482).
Continue ReadingAnother Blow For UK Car Manufacturing
Ford has announced that car production will end at its Dagenham plant by 2002, with the loss of 1,900 jobs. Dagenham is Fords largest UK factory, where the Fiesta and Courier vans are built. Ford also announced that 500 new jobs would be created at Dagenham over an unspecified period in the engine manufacturing operations.
Continue ReadingDunlop Ceases Truck Tyre Manufacture At Birmingham
Dunlop Tyres UK announced today that it will cease truck tyre manufacturing at its Birmingham factory. 650 jobs from a total workforce of 1,700 will be affected. Car, light truck, motor sport and racing tyres will still be made at the plant. Dunlop says the move is part of a Europe-wide rationalisation process as a result of excess capacity in the European tyre industry and the current market situation.
Continue ReadingNew Tyre Show For The UK
On 11th November, The Society of Motor Manufacturers and Traders (SMMT) announced a new tyre exhibition for the UK. The show (as yet unnamed) will run alongside the Automotive Trade Show at Birminghams NEC between 29th April and 2nd May, 2001. The SMMT says that it makes good business sense for tyres to be a part of an aftermarket exhibition.
Continue ReadingFire At UK Tyre Wholesaler
One of the UKs leading tyre wholesalers, R. H. Claydon Ltd, suffered minimal fire damage at the end of last week at their Stockport, Cheshire warehouse. The fire started in an adjoining building belonging to another company and spread to the warehouse, but no stock was damaged and the sales division continues to operate normally.
Continue ReadingKwik-Fit: 3,000 More Depots Within Ten Years
The Kwik-Fit group plans to grow from its present 2,000 centres to a total of 5,000 centres by the year 2010. This is made possible due to the financial backing of car giant Ford, said Sir Tom Farmer recently in a key-note speech in England.
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