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7246

Strong Q2 result lifts Delticom’s bottom line for H1 2016

Online tyre retailer Delticom has profited from the same cold weather that held sales back earlier in the year, at least to an extent. Reporting on its financial performance in the second quarter of 2016, the company noted that low temperatures prompted European motorists to delay fitting summer tyres to their vehicles until after Easter, and while the delayed switch to summer tyres helped boost Q2 2016 sales by 22.0 per cent year-on-year to €169.3 million, the company suggests that dealers sold almost five per cent fewer replacement car tyres to consumers during the first half of the year. Sales for the first six months of 2016 were up 9.9 per cent to €275.1 million.

7247

Continental: evo win reiterates our leading position for safety

Last year, Continental celebrated a second consecutive victory for its ContiSportContact 5 in evo magazine’s annual summer tyre test. Since that time the back-to-back winner has been superseded by the SportContact 6, and Continental’s new generation rubber is proving a chip off the old block. Evo’s 2016 test of nine size 235/35 R19 summer tyres finished with the SportContact 6 gaining top points in the dry and wet braking tests, a result that helped it stave off strong competition, including wet handling category winner the Yokohama Advan Sport V105, to secure overall first place.

7248

Dmack Fiesta Trophy title race switches to tarmac

Drive Dmack Fiesta Trophy crews face a terrific Tarmac test when the penultimate round of the 2016 series takes place in Germany next week. After three outings on gravel stages, the nine crews will switch to asphalt roads at ADAC Rallye Deutschland where two more prize drives are up for grabs. As the only all-asphalt round of the five-event campaign, and with highly-prized Trophy points up for grabs, it promises to be a captivating encounter. Dmack has also unveiled its latest WRC tarmac tyres, produced in Melksham, UK as part of the brand’s growing relationship with Avon Motorsport.

7249

Yokohama proves best in wet on Evo magazine wet tyre test

Yokohama’s Advan Sport V105 tyre won the wet handling tests in EVO magazine’s 2016 ultra-high performance tyre test. The test, conducted at Continental’s proving ground in Texas used a 247bhp Ford Focus ST, fitted with 19” tyres for the first time in an Evo test (235/35R19). The full review placed the Yokohama tyre in join-second overall.

7250

Bright adopting ‘open door’ approach at Automechanika 2016

It is no secret that China continues to play its role in the development of the European tyre market. Chinese equipment firm Bright Technology hopes to take this a step further at Automechanika 2016 in Frankfurt, Germany when the company unveils its new double-decker concept booth which will display a “revealing” digital photographic/video tour of the company’s production and design facilities.

7251

Yokohama focused on premium winter performance in all segments

Developed in conjunction with the world’s leading vehicle manufacturers at the company’s winter test track in Sweden, Yokohama offers a comprehensive range of premium winter tyres. Yokohama says its winter tyres are particularly suited to those driving high performance and rear wheel drive cars, enhancing cold weather performance when road conditions vary from cold and damp to being covered in ice. The company adds that it holds an extensive range of its winter tyre stock in its central UK distribution centre – past UK consumer behaviour suggests that winter tyres are in demand only after snow falls, so availability on a next day delivery service could be a key to picking up business.

7253

Strength in numbers: 5 German tyre wholesalers announce cooperation

Regional European tyre wholesalers have faced several tough years, and perhaps none more so than those based in Germany. The level of transparency within this market, strong competition from online operators and low shipping costs have conspired against German tyre wholesalers and devoured turnover. We saw the country’s largest wholesaler, Reifen Ihle Baden Baden, snapped up by Michelin in 2014, and the following year the French tyre manufacturer also acquired another struggling independent wholesaler, Meyer Lissendorf. Business remains tough for independent players, and five regional wholesalers are now joining forces to take advantage of synergies and maximise their chances of survival.

7254

Stapleton’s continues to make case for UK winter tyre market

For a nation so interested in weather that its obsession has become a national cliché, the UK winter tyre market has continued to elude growth, yet this is not preventing wholesaler Stapleton’s from continuing to make the case for winter tyres. The company stocks a range of premium and house brand seasonal fitments, in which it continues to see potential from both a driver safety and dealer profit perspective. Following the UK’s wettest June since records began in 1910, giving us the impression of a very short-lived summer, Stapleton’s suggested that perhaps it won’t be too much of a wrench to turn our thoughts to the coming winter, the challenges it brings for drivers, and the opportunities for tyre retailers that come in the form of winter tyre sales.

7255

Cooper Tire achieves higher operating profit, net income in Q2 2016

Cooper Tire & Rubber Company has reported second quarter 2016 net income of US$71 million, an 18.3 per cent year-on-year increase on the net income achieved a year ago. Commenting on the tyre maker’s Q2 2016 result, chairman, chief executive officer and president Roy Armes noted that “Cooper closed the first half of 2016 with another outstanding quarter.”

7256

Conti: Truck TPMS should be mandatory

As many as one in four truck tyres may be running underinflated by 10 per cent, according to research conducted by Continental Tyres. This, of course, not only leads to significantly higher fuel costs but contributes to the likelihood of tyre failure, which is currently responsible for 20 per cent of all truck breakdowns. That’s where Conti’s “safe, reliable and efficient solutions” strategy comes in. Ian Jackson, Continental Tyres’ Technical Systems, sales & services manager explained how the correct application of a tyre pressure monitoring system (TPMS) such as ContiPressureCheck can positively impact business. Looking forward, Conti is advocating for truck TPMS to become a legal requirement and is working closer integration between its systems and truck telematics.

7257

NTDA names Tyre Industry Awards 2016 finalists

24 hours after nominations closed on 2 August, the National Tyre Distributors Association (NTDA) has published the list of finalists for the 2016 NTDA Tyre Industry Awards. According to the association, over the last three months the NTDA has been “inundated” with submissions. As a result a total of 57 entries across the eight award categories have now made it to the final.

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7258

H1 2016 results: Continental lifts full-year EBIT forecast

Germany’s Continental AG reported its financial results for the first half of 2016 this morning and, thanks to what the tyre maker and automotive systems supplier calls “excellent operating performance” within its Rubber Group, has raised its earnings forecast for the current fiscal year.

7259

Chelsea FC launches 3rd kit displaying Yokohama branding

Chelsea FC has unveiled its new third kit for the 2016/17 season, following the recent introduction of this season’s home and away shirts. All three shirts feature Yokohama Tyres branding, after the Japanese tyre-maker signed what is thought to be the second most valuable shirt sponsorship deal in English football. As official shirt partner to Chelsea, Yokohama will appear across the chest of all of the club’s shirts until at least 2020, giving the brand significant exposure and awareness around the world.

7260

Bridgestone-Pneuhage JV given EC green light

The European Commission has approved the joint venture proposed by Bridgestone and German tyre firm Pneuhage Management GmbH & Co. The approval granted under the EU Merger Regulation sees Pneuhage Management GmbH & Co. KG and Bridgestone Deutschland GmbH take joint control over Pneuhage Partners Group GmbH & Co. KG. Bridgestone Deutschland, a subsidiary of Bridgestone Europe NV/SA, will acquire 25 per cent of the shares in Pneuhage Partners; Pneuhage Management already holds a 75 per cent share.

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