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4501

Tyre manufacturers expanding in a down market

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June and July saw a spate of factory investment and opening announcements. First there’s the news that Linglong manufactured its first tyre at its brand-new Serbia tyre production plant at the end of June. Of course, this project has been underway for some time, but the fact that it got going just before the end of the first half of 2022 is noteworthy for two reasons. Firstly, notwithstanding the inhibiting effect of general market headwinds associated with pandemic fall-out and war in Ukraine, the project is basically on-schedule. And secondly, it demonstrates that no enthusiasm for Western and specifically European tyre production has been lost since the nullification of European import tariffs against Chinese-produced truck tyres roughly a month ago.

4502

Hankook, Stapleton’s, Skidz lead 2022 Tyre Industry Awards winners

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The Tyre Industry Awards 2022 were presented on 6 October at Birmingham’s VOX Conference Centre during the National Tyre Distributors Association’s 93rd Annual Dinner. The awards ceremony was sponsored by Sailun Tyres for the eighth consecutive year, while supplier member Maritime Cargo Services sponsored the dinner. Former BBC news presenter and triathlete Louise Minchin hosted the awards alongside NTDA chief executive Stefan Hay and national chairman Simon Wright. For a gallery of the winners, click here.

4503

NDI now delivering Nordexx industrial range

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Denmark’s NDI Group presented examples of its new Nordexx off-highway tyre range at The Tire Cologne in May, and now says it is “ready to deliver” these tyres to customers around the world. The Nordexx range for industrial machinery is available in 37 different SKUs in 25- to 29-inch sizes.”

4504

Bridgestone promoting Tyre Safety month message in new portal

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During Tyre Safety Month, Bridgestone has renewed its plea for motorists to take extra care on the roads. It has created a consumer facing campaign to highlight the importance of checking tyres and launched a new online portal that offers tips and advice on correct pressures and tread depths as well as advice for selecting the right tyre.

4505

Michelin exceeds 2030 sustainability targets with latest tyre prototypes

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Two new Michelin tyres take the manufacturer a step closer towards its goal of production with 100% bio-sourced, renewable or recycled materials by 2050. Approved for road use, the non-production car and bus tyres respectively contain 45% and 58 % sustainable materials. With “performance levels strictly identical to current tyres” they prefigure the technologies we’ll see in Michelin products within two to three years.

4506

‘Stronger together’ – tyre and aftermarket sector gathers for 2022 Tyre Industry Conference

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The Tyre Industry Conference 2022 has opened at The Vox Conference Centre, Birmingham. The National Tyre Distributors Association’s annual event, sponsored this year by wholesaler GB Tyres and Indian tyre brand JK Tyre, is presenting tyre business delegates with a stimulating programme of presentations tackling the biggest questions facing different sectors of the distribution chain; from the newest innovations in tyres for electric vehicles to the key issues affecting tyre recovery and recycling. Stefan Hay, NTDA chief executive, set the tone of the event with his opening address, calling for a collaborative effort from the industry to tackle pressing issues, such as the skills shortage and efforts to decarbonise and promote the circular economy. Meanwhile, Simon Wright used his first conference address as NTDA national chairman to pay tribute to his predecessor Martin O’Brien as “a master of the round and black,” and to celebrate the association’s success in promoting tyre technician training and accreditation, with “around 2000 commercial tyre technicians” going through its newest scheme.

4507

Auto Express winter test: Continental pips Bridgestone at post

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It’s not every day that Michelin finishes last in a tyre test, but this was the case when Auto Express recently examined half a dozen winter tyres. But tester Kim Adams assures that the Alpin 6 is by no means a poor performer – instead, the result reflects the high standards amongst the tyres featured in this year’s test.

4508

EU-27 plus UK tyre imports rise 11% as winners and losers emerge from turbulent market

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Since March, cumulative passenger car and light truck tyre imports to the European Union and UK have, for the first time, recovered to run above pre-pandemic levels. This is despite the well-documented impact of sharply higher ocean freight costs in this period, and disruption to production in some source countries. A newly published report by Astutus Research, “European PCLT Tire Demand and Supply Forecasts to 2026”, shows that in the first seven months of 2022, European (the EU-27 plus UK)* imports from outside the region were 11% higher than the same period last year and 5% higher than the equivalent pre-Covid period in 2019.

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4509

First Stop breaks the 150-branch barrier

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First Stop’s UK tyre and autocare retail operation recently broke through the 150-branch barrier. The leap to 150 tyre centres marks a significant milestone for any tyre business, but read in light of our annual tyre retail ranking, two key facts are immediately apparent: Firstly, First Stop has added something like 26 branches to the network since the last count at the end of April 2022 (which itself followed a 65-branch increase on the 2021 total). And secondly, reaching the 150 mark means that – as things stand – First Stop is now the fifth largest tyre retail operation in the UK. First Stop’s UK management set the goat or reaching 220 branches in four years back in 2019. Reaching 150 branches in three despite the challenging circumstances that have come along with the pandemic, is all the more remarkable.

4510

Halfords acquires Lodge Tyre

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Halfords Group plc has made a further tyre sector acquisition with its purchase of LTC Trading Holdings Limited and subsidiary Lodge Tyre Company for £37.2 million. The addition of Lodge Tyre’s 50 garages and 248 mobile vans takes the Halfords garage services business to 656 garages, 253 consumer vans, 440 commercial vans and nine warehouses.

4511

DTM founder and chairman Steve Richardson retires

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Steve Richardson, founder of Direct Tyre Management (DTM) has announced his retirement from a tyre industry career spanning 45 years. A familiar, well-regarded name around the sector, Richardson set up DTM in 2004 having distinguished himself in a rapid ascent in a variety of roles with Central Tyres, ATS Euromaster and Motorway Tyres. He will continue to provide guidance to DTM over the coming months before enjoying his retirement.

4512

Europe PCLT Tire Market Supply & Demand Forecasts to 2028

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Latest update: April 2023

Whilst demand for new cars in Europe picked up significantly in 2021 and 2022, recovery in vehicle production and the original equipment tire market was held back by major shortages of components, specifically semiconductors. Supply chain disruption was compounded by the conflict between Russia and Ukraine. This has delayed the recovery in the OE tire market, and whilst the impact of supply shortages is now lessening, vehicle demand in the region is expected to be affected by the tougher economic environment.

After sharp declines in 2020, the European PCLT replacement tire market made a strong recovery in 2021 as vehicle kilometres travelled increased. The recovery slowed in 2022 and into 2023, however, as increased fuel costs put pressure on growth road traffic and now household budgets and spending are being squeezed across the region.

Meanwhile the supply of tires across Europe continues to evolve. Sanctions imposed against Russia have ended imports into Western and Central Europe from the second half of 2022. Nokian was clearly the most affected, and it is in the process of securing alternative capacity, including building a new plant in Romania. Pirelli has also adjusted its production, shifting some sourcing to Romania and Turkey. Elsewhere, Toyo and Linglong have both started production at their new plants in Serbia and Sentury Tire of China has proposed building a plant in Spain.

This report is provided as a PowerPoint briefing, giving a detailed review of the developments in the European PCLT tire market and forecasts for the period to 2028.

The Excel data-pack contains detailed data on PCLT original equipment and replacement tire volumes and PCLT tire production capacity by region (West Europe, Central Europe, Russia CIS) and country from 2018 and forecasts to 2028.

The data-pack also includes forecasts of new light vehicle registrations and light vehicle parc by country to 2028

Country coverage: West Europe: Austria, Belgium & Luxembourg, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom; Central & East Europe: Baltic States, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Serbia, Slovakia, Slovenia

Format: PDF report and Excel data-book

Price: £2,995 (Country Licence; please enquire for other licences)

Product ID: GRR0012

  • Existing subscribers to Tyres & Accessories and Tyrepress.com can acquire these reports at a special price (sign in and your special price will be applied automatically).

  • If you do not currently subscribe, you will receive a complimentary 12-month subscription to Tyres & Accessories magazine alongside full access to Tyrepress.com.

4513

Pyrum building up to 10 pyrolysis plants with Unitank

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Pyrum Innovations intends to build up to ten pyrolysis plants for recycling end-of-life tyres in the EU by 2030 together with tank terminal operator Unitank Betriebs- und Verwaltungs. The two firms agreed on this in a MoU signed in September. The first plant will be built in Germany, with its exact location finalised by the end of this year and commercial operation probably commencing late 2025.

4514

Global Replacement PCLT Tire Market Forecasts to 2028

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Latest update: April 2023

After a major decline in 2020, the global PCLT replacement tire market started to make a strong recovery in 2021 as vehicle kilometres travelled increased. Sharply higher fuel costs in 2022 slowed the recovery in road traffic in key markets such as Europe and the US. Higher inflation is now impacting household budgets and spending in 2023. In the Asia Pacific region, Covid-related disruption continued in 2022, most notably in the region’s biggest market, China. Although the strict lock-down policy has been abandoned, consumers have not yet fully returned to their previous habits. Nevertheless, the value of the global market has risen sharply as tire manufacturers have passed on significantly higher raw material costs, with high rim diameter tires taking a larger share of the market.

This report is provided as a PowerPoint briefing, giving a detailed review of the developments in the European original equipment PCLT tire market and forecasts for the period to 2028.

The Excel data-pack contains detailed data on PCLT RE tire volumes by region (Greater China, Rest of Asia Pacific, North America, Southern & Central America, Europe, Middle East & Africa) and country from 2018 and forecasts to 2028.

The data-pack also includes forecasts of new light vehicle registrations by country to 2028

Country coverage includes Asia Pacific: China, Japan, India, South Korea, Thailand, Indonesia, Malaysia, Vietnam, Taiwan, Australia, New Zealand, Rest of Asia Pacific; Europe: Germany, Spain, France, Russia, Czech Republic, United Kingdom, Slovakia, Italy, Romania, Poland, Hungary, Portugal, Sweden, Rest of Europe; North America: USA, Canada, Mexico; South & Central America: Brazil, Argentina, Rest of South & Central America.

Format: PDF report and Excel data-book

Price: £2,495 (Country Licence; please enquire for other licences)

Product ID: GRR0011

  • Existing subscribers to Tyres & Accessories and Tyrepress.com can acquire these reports at a special price (sign in and your special price will be applied automatically).

  • If you do not currently subscribe, you will receive a complimentary 12-month subscription to Tyres & Accessories magazine alongside full access to Tyrepress.com.

Delivery details

Your purchase will be delivered via email following confirmation of your payment. Please allow 48 hours for delivery. Need it sooner? Let us know on info@tyrepress.com.

4515

Global Original Equipment PCLT Tire Market Forecasts to 2028

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Latest update: April 2023

Whilst global demand for new cars picked up significantly in 2021, recovery in vehicle production, and the original equipment tire market, was held back by major shortages of components, specifically semiconductors. Supply chain disruption continued in 2022, compounded by numerous factors including the conflict between Russia and Ukraine and Covid-related lockdowns in China. This delayed the recovery in the OE tire market, and whilst the impact of supply shortages is now lessening, vehicle demand in key regions, including Europe and the US is being affected by higher interest rates, inflation and economic uncertainty.

This report is provided as a PowerPoint briefing, giving a detailed review of the developments in the European original equipment PCLT tire market and forecasts for the period to 2028.

The Excel data-pack contains detailed data on PCLT OE tire volumes by region (Greater China, Rest of Asia Pacific, North America, Southern & Central America, Europe, Middle East & Africa) and country from 2018 and forecasts to 2028.

The data-pack also includes forecasts of new light vehicle registrations by country to 2028

Country coverage includes Asia Pacific: China, Japan, India, South Korea, Thailand, Indonesia, Malaysia, Vietnam, Taiwan, Australia, New Zealand, Rest of Asia Pacific; Europe: Germany, Spain, France, Russia, Czech Republic, United Kingdom, Slovakia, Italy, Romania, Poland, Hungary, Portugal, Sweden, Rest of Europe; North America: USA, Canada, Mexico; South & Central America: Brazil, Argentina, Rest of South & Central America.

Format: PDF report and Excel data-book

Price: £2,495 (Country Licence; please enquire for other licences)

Product ID: GRR0010

  • Existing subscribers to Tyres & Accessories and Tyrepress.com can acquire these reports at a special price (sign in and your special price will be applied automatically).

  • If you do not currently subscribe, you will receive a complimentary 12-month subscription to Tyres & Accessories magazine alongside full access to Tyrepress.com.

Delivery details

Your purchase will be delievered via email following confirmation of your payment. Please allow 48 hours for delivery. Need it sooner? Let us know on info@tyrepress.com.

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