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B-Quik hits 220 store target with Thai and Indonesia tyre centre openings

B-Quik

On Friday 25 November 25, 2022 B-Quik hit a benchmark number of tyre retail centres, with the opening and open store #200 in Thailand. According to the company, the latest opening will be followed by stores 201, 202 and 203 in the next week. To the pace of growth into perspective, at the start of the pandemic, B-Quik had 148 stores in Thailand. Moving forward, the expansion plans look set to continue with company representatives said: “we are ready for the next growth spurt”.

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  1. B-Quik tyre retail branch count rises to 180
  2. B-Quik hits 200 store target in 2021
  3. Marubeni re-brands Indonesian tyre retail chain as B-Quik
  4. B-Quik branch number 196 set to open
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B-Quik branch number 196 set to open

B-Quik

Staff at B-Quik branch number 196 set to open the growing tyre retailer’s latest branch in Thailand. The Chiang Mai Huaikaeuw location is store number seven in the city of Chiang Mai. Three more openings in Thailand are planned for the next six weeks.

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  1. Marubeni re-brands Indonesian tyre retail chain as B-Quik
  2. B-Quik tyre retail branch count rises to 180
  3. B-Quik hits 200 store target in 2021
  4. B-Quik opens four branches in Indonesia
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B-Quik opens tyre centre number 193 in Thailand

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B-Quik

B-Quik opened branch number 193 in Thailand on Friday 25 March 2022 and it is quite a looker. The new Bangkok flagship branch not only features six service bays, but also a café and it is all enclosed in a striking architect-designed structure.

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  3. Low Demand For Cars In Thailand Boosts B-Quik
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B-Quik hits 200 store target in 2021

B-Quik

As 2021 drew to a close, Far Eastern tyre retail specialist business B-Quik opened its 200th store and hit an interim growth target. The opening of the new location at Maxxbox Lippo Village brought the chain’s Indonesian total to 9 branches and 200 across Thailand, Indonesia and Cambodia.

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  1. B-Quik tyre retail branch count rises to 180
  2. Marubeni re-brands Indonesian tyre retail chain as B-Quik
  3. B-Quik – Tyre retail service Thai style
  4. Another Record Year for B-Quik
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B-Quik tyre retail branch count rises to 180

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B-Quik

On 28 May 2021 growing Thai tyre retail chain, B-Quik opened two new centres on the Tiwanon road in north Bangkok. The addition of the two centres, which are spaced 8 kilometres apart, follows the opening of two more Thai branches at the start of April 2021.

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  1. Sixth Consecutive Record Year For B-Quik
  2. Low Demand For Cars In Thailand Boosts B-Quik
  3. B-Quik Expands Despite Unrest in Thailand
  4. Marubeni re-brands Indonesian tyre retail chain as B-Quik
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Marubeni re-brands Indonesian tyre retail chain as B-Quik

B-Quik; Marubeni

Marubeni is well-known for its range of tyre-related investment interests. While the conglomerate began in Japan, recent additions in Russia and US-based Tyrata demonstrate the diversity of its tyre-related portfolio.

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Blackcircles launches Thai online tyre retail site

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Well-known online tyre retail business Blackcircles has launched a website in Thailand. The business, which entrepreneur Mike Welch OBE founded at the turn of the millennium and sold to Michelin for £50 million in 2015, can be found at blackcircles.co.th.

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Marubeni buys stake in Mexican tyre retailer

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On 24 October Japanese conglomerate Marubeni announced it had purchased a large minority shareholding in Mexican tyre dealer Radial Llantas. According to the company, Marubeni has bought 49 per cent of the shares in Radial Llantas. The pricetag for the stockholding is said to be “several billion yen”, according to Wards Auto.

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B-Quik Expands Despite Unrest in Thailand

B-Quik, Thailand’s biggest independent automotive repair organization, saw revenue grow over 30 per cent in the first 6 months of 2010, this despite the unrest in the Thai capital in the month of May. The company has opened two new stores so far this year (one on the island of Phuket and one in Bangkok) and now operates through 64 outlets. For the second half of the year another seven new stores are confirmed and three more are pending. B-Quik adjusted its revenue expectation for 2010 to exceed 2.5 billion Thai baht (£50 million, 61 million Euros). Growth is almost equally split, 15 per cent from like for like same store increase and the other 15 per cent from new stores build last year and this year. The sales growth is divided evenly over the various product groups but aircon repairs and servicing and oil/filter changes lead the growth.

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  4. ZC Rubber opens first overseas Autospace store
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Low Demand For Cars In Thailand Boosts B-Quik

B-Quik Co, Thailand’s leading operator of car service centres, has increased its revenue target this year to 2 billion baht (42.1 million euros) from 1.8 billion (37.9 million euros) as sluggish demand for new cars has been a windfall to the maintenance market. Eight to 10 B-Quik service centres will be added this year to the existing network of 56 sites nationwide, said chief executive Henk Kiks.

“The market has been surprisingly good for us with revenue surging over 30 per cent in the first half,” said Kiks. “We earlier projected sales of 1.8 billion baht, growth of 21 per cent from last year, but now we are aiming for over a 33 per cent rise to 2 billion by the end of the year.”

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  4. Marubeni re-brands Indonesian tyre retail chain as B-Quik
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Sixth Consecutive Record Year For B-Quik

2006 was the 6th consecutive record year for B-Quik, the Thailand-based tyre and car services retailer. The company serviced 250,000 customers through its total of 45 centres, of which three were new stores opened during 2006.

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  2. Another Record Year for B-Quik
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Another Record Year for B-Quik

2005 was another record year for B-Quik, the Thailand based tyre and car services retailer. The company serviced over 200,000 customers through its total of 42 centres, four of which were new stores, opened during 2005. Despite the slightly declining aftermarket for passenger car tyres in Thailand (-1.2 per cent), B-Quik posted a 16 per cent increase in tyre unit sales. Total revenue increased by 19 per cent to a record amount of 826 million baht (£11.97 million or 17.5 million euros).

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  3. ZC Rubber opens first overseas Autospace store
  4. Apollo Tyres opens first truck tyre centre in Thailand
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B-Quik – Tyre retail service Thai style

Here’s a question for you – which tyre retailer has 42 outlets in the capital and in November opened the 43rd on a Tesco hypermarket, making this the 10th centre on a Tesco forecourt?

The answer is B-Quik, of Thailand and the capital city is, of course, Bangkok. For many people in Europe, the first they heard of the name was during the period when the Ford Motor Company was going through its “showroom to scrapyard” phase and it bought Kwik-Fit in Europe and B-Quik in Thailand.

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