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15357 search results for: eco tyres

4472

Recent Western Europe car tyre production decline ‘similar to financial crisis’ years

Passenger car and light truck (PCLT) tyre production trends in Western Europe have been scaling down over the long-term. The move to larger production facilities in the comparatively low-cost labour markets in Eastern Europe, or greater reliance on imports from Asia, has seen a steady stream of plant closures and conversions to speciality, short-run production capacity – on in the case of Cooper Tire’s UK plant, for example, one followed by the other – in the region. A new assessment of the most recent three-year period by tyre industry analyst Astutus Research suggests that the overall picture has been of a decline similar to the period following the 2008 financial crisis, which was itself a catalyst for this trend. Yet digging a little deeper into the figures shows several dynamics at play in European PCLT tyre production, including supply chain disruption and spiralling energy costs. For comprehensive analysis of global tyre market trends, a series of reports by Astutus Research are available to buy now in the Tyrepress Reports Shopclick here for more details.

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4473

Bridgestone’s new van tyre tested as ‘best-in-class’ for efficiency and braking

Bridgestone has launched the new Duravis Van tyre, a premium summer tyre for light commercial vehicles (LCV). The manufacturer says the tyre has been designed to minimise the total cost of ownership to van fleet operators. The tyre is also suitable for fitment on electric vehicles. TÜV SÜD testing shows the tyre offers “best in class” mileage and braking in wet and dry conditions, Bridgestone adds. The tyre was developed at the European R&D Centre and will be available in 26 sizes from January 2023.

4474

Sentury and former employee go to court

On September 22, the Qingdao court finally ruled on the “property damage compensation dispute” between Sentury Tire and one of its former employees, Wang. It is reported that the lawsuit had a first-instance judgment in 2021. Subsequently, Sentury filed an appeal. In addition to the “property damage compensation dispute”, the two sides also went to court on the “labour dispute” issue, which completed the first and second instance judgments in 2021.

4475

Serious player: Inter-Sprint focusing on stock solutions

Within Europe’s tyre wholesaling business, Inter-Sprint is a name that needs no introduction. A key player within Global Automotive Investment Holding, Inter-Sprint offers Europe’s largest tyre stocks and employs some 425 people. And as testified by the new warehouses flanking existing buildings at the wholesaler’s main site in Moerdijk, the Netherlands, the company is still […]

4477

Crypto bubble prompts 9.2% jump in UK luxury car ownership

Ownership of Aston Martin, Rolls Royce, Maserati, Bentley and Porsche cars has increased 9.2 per cent in the UK in the past year, up from 221,124 in 2020 to 241,391 in 2021. Data from national accountancy group UHY Hacker Young shows that Porsche remains the most popular luxury brand with 173,523 vehicles on the road and the brand experiencing a 10 per cent increase on the total of 157,916 in 2020. Ownership of Maseratis is growing the quickest, with 10.3 per cent more on UK roads, from 10,078 in 2020, to 11,113 in 2021.

4478

Point S’s strategy of future-proofing tyre retail – two businesses’ point-of-view

Following the news that Point S has broken through the 300-branch mark in terms of its UK tyre retail growth, Tyres & Accessories engaged with the experience of two of the network’s members. Here, Point S Tyre & Autocare Network members Gary Benwell and Russell Parker discuss how the network’s strategy of future-proofing tyre retail has boosted the profitability of their businesses.

4479

MTS: investment in e-commerce solutions reaps rewards for tyre retailers

Micheldever Tyre Services (MTS) reports that it is continuing to invest in e-commerce solutions that benefit their tyre retailer network, with its dedicated tyre selling website, TyreClick, providing a “key platform for online success”. MTS investments include development of the TyreClick site and investment in third-party expertise, such as Strategic Q, to help enhance Search Engine Optimisation (SEO).

4480

Apollo targeting 50% increase in off-highway tyre share: Interview with European president Benoit Rivallant

During Apollo Tyres’s recent celebration of 25 years of Traxion agricultural tyre technology, Europe president Benoit Rivallant set an ambitious target of growing the company’s off-highway tyre (OHT) revenue by 50 per cent. In Europe, 16 per cent of total revenue originates from the off-highway tyre sector. This compares with 63 per cent from passenger car tyres, 12 per cent from truck and bus tyres, 8 per cent from spare tyres, 1 per cent from bicycle tyres and 1 per cent from other products. In other words, the 16 per cent originating from off-highway tyre sales is a strategically important figure, 92 per cent of which comes from the agricultural sub-segment. Tyres & Accessories took time out with the company’s European head in order to find out more about how executives plan to achieve such ambitious targets in the context of a broadly challenging tyre market environment.

4481

The Top 20 online tyre brands 2022

11 years ago, we published our analysis of the impact of social media and price comparison on the tyre business. Back then in July 2011, Facebook was the number one social network, with 750 million users, of which a third accessed the site via mobile devices. As of July 2022, Facebook has 2.934 billion.

4482

5 challenges affecting the haulage and transport industry

As the world moves away from the pandemic period, businesses are working on ways of reviving themselves. For instance, the transport companies like Migway have been boosted by the tremendous growth of the e-commerce sector. Urbanisation has also contributed to the improvement of roads previously untraversable. At the same time, driver numbers are down, which means those qualified to drive heavy goods vehicles are in demand. And those factors have led to the labour market for drivers becoming increasingly attractive but also complex.

4483

Maxxis, Bridgestone investing in India

According to local media sources, both Bridgestone and Maxxis plan to ramp up their activities in India. Maxxis Group intends to invest a further US$100 million over the next five years to capture a 15 per cent stake in the two-wheeler tyre market, while Bridgestone Corporation is looking to increase its production capacity for car tyres by ten per cent next year to meet rising demand from both OEM and aftermarket customers.

4485

Continental: Tips for maximising winter tyre life

Grippier sipes and softer rubber compounds mean higher rolling resistance when driving on winter tyres. They wear more quickly than summer tyres too, but anyone who fits these products can maximise tyre mileage by adapting their driving style and treating the tyres with care. Continental offers tips for using winter tyres in the most resource-efficient way possible.

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