Budget Archives - Page 5 of 11 - Tyrepress

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Chancellor skips over fuel duty concerns in 2012 budget

With the Government’s Office of Budget Responsibility reporting that it has upped its UK growth forecast to 0.8 per cent this year, and with the statisticians no longer talking about the country being in technical recession, some may have expected the Chancellor of the Exchequer, George Osborne MP, to have addressed the continuing rise in fuel prices by freezing fuel duty increases. It didn’t happen. Much to the chagrin of fleet-based business this was despite recognizing that high oil prices are “a great concern across the world". Other highlights include plans to simplify small business taxation, reduce corporation tax and dispense with the 50 pence tax rate.

21st March 2012/by Tyrepress Editors

Michelin Restaurants site launched

A beta version of the Michelin Restaurants website has gone live, and the French company welcomes the involvement of online users and restaurant operators in finalising the site. Michelin explains that the http://restaurant.michelin.fr site – at present the Michelin Restaurants concept only covers France – offers a multi-criteria search engine that allows users to choose a restaurant corresponding to their desires and budget.

13th March 2012/by Tyrepress Editors

Decline in van sales drags down CV market

"February 2012 sales figures saw a dip in the overall commercial vehicle market after a period of strong recovery in 2011. While truck registrations continued to rise, up 26.4 per cent in February, van registrations fell by 26.4 per cent" said Sue Robinson, Director of the RMI National Franchised Dealers Association which represents commercial vehicle and franchised car retailers across the UK, commenting on the SMMT's van and truck registration figures.

8th March 2012/by Tyrepress Editors

February bus and coach registrations up 73.6 per cent

The total bus and coach sector grew significantly in February to 519 registrations, up 73.6 per cent, with the year-to-date up 39.9 per cent, says the SMMT. Registrations of purpose-built buses and coaches rose 121.7 per cent in the month and 72.6 per cent for the first two months of 2012. Converted bus registrations were up 32.3 per cent in February, and 8.7 per cent for the year-to-date.

8th March 2012/by Tyrepress Editors

Former Hankook UK MD Richard Page retires

Former UK managing director, Richard Page, has officially retired. Page joined Hankook back in 2001 bringing with him the experience of having worked in the tyre industry for over 35 years. The UK Hankook team welcomed the New Year together, taking the opportunity to celebrate Richard’s achievements and thank him for his valued contribution over the years.

1st February 2012/by Tyrepress Editors

Deldo webshop goes live

Deldo’s new online webshop, a year in preparation, has now been launched. This online facility – deldo-online.com – gives Deldo’s partners direct access to some 2,000,000 budget and premium tyres and enables tyres to be searched for and selected by vehicle and orders to be arranged and tracked in real time. Partners can also order in a range of currencies and access account and invoice information.

16th January 2012/by Tyrepress Editors

Tyres & Accessories December 2011

The latest edition of Tyres & Accessories (December 2011) is now available for virtual reading in our e-paper format. Subscribers can electronically flick through the pages containing a review of the year and a feature on workshop equipment (as well as all the regular coverage) by clicking more.

6th January 2012/by Tyrepress Editors

Emerging markets, Tier 3 central to Michelin growth

At its most recent Investors Day, held at the company’s Cuneo site in Italy, Michelin confirmed its growth outlook for the coming decade. The French tyre major anticipates the global passenger car and light commercial vehicle tyre market reaching 1.5 billion units in 2015, a figure representing a 25 per cent growth on 2010 figures. Looking further ahead, an additional 20 per cent growth in the years between 2015 and 2020 is expected, with 1.8 billion tyres sold in this sector worldwide in 2020. Michelin notes that 70 per cent of this volume growth should occur in ‘new’ markets.

6th October 2011/by Tyrepress Editors

Midland Skip Hire signs up ATS-E to supply, service fleet

Nottinghamshire’s Midland Skip Hire has appointed ATS Euromaster to supply, fit and service tyres across its 62-strong fleet. ATS-E will provide monthly fleet inspections and rapid-response breakdown assistance across the waste disposal and skip hire company’s 37 trucks, eight trailers and five vans. The on-road fleet, plus 12 telescopic handlers used onsite for waste transfer, will be supported by the nationwide tyre specialist’s mobile service fleet – the UK’s largest at 1,000 vehicles.

12th September 2011/by Tyrepress Editors

US agency sponsoring the development of better, cheaper EV batteries

The US Department of Energy's (DOE) National Renewable Energy Laboratory (NREL) recently awarded three industry teams a total of US$7 million to aid the development of computer-aided software design tools for producing the next generation of electric vehicle batteries. The three teams’ projects support the DOE’s Computer-Aided Engineering for Electric Drive Vehicle Batteries (CAEBAT) program, a project aimed at helping the automotive and battery industries design and develop electric vehicle batteries more quickly, thereby lowering unit cost.

12th July 2011/by Tyrepress Editors

Cooper refuses comment on Trayal investment reports

International News

Cooper has refused to comment on multiple Serbian news reports quoting Serbian finance secretary Miodrag Djidic as saying that Cooper Tire is interested in acquiring Trayal’s automobile tyre plant. When questioned on the subject, a Cooper Tire Europe spokesperson told Tyres & Accessories that’ the company’s “corporate policy is not to comment on rumour or speculation.”

28th June 2011/by Tyrepress Editors

TIA president meets with Obama Commission members

On May 18, Tire Industry Association executive vice-president Roy Littlefield met with members of US President Obama’s National Commission on Fiscal Responsibility and Reform. The Commission is charged with identifying policies to improve the United States’ fiscal situation in the medium term and to achieve fiscal sustainability over the long run; according to the TIA, Littlefield was invited to meet Commission members to discuss economic policy, the US budget deficit and economic outlook, how public policy drives the deficit, and how budget cuts will impact future policy.

25th May 2011/by Tyrepress Editors

SMMT sees strong commercial registration February growth of 27%

While the car market stayed low in February, registrations of new trucks and vans were up by more than a quarter on February 2010, at 27.4 per cent. Trucks saw a rise of 50.9 per cent to 2,068, making the figures in the first two months 36,070 units registered, or a rise of 11.1 per cent. Vans were up 23.8 per cent to 11,113 in February, keeping growth consistent from January, meaning 230,658 units have been registered in 2011 to date, up 22.7 per cent.

4th March 2011/by Tyrepress Editors

Paper merchant converts industrial fleet to Michelin

Essex-based Ovenden Papers has used Michelin tyres on its delivery vehicles for a while, but chose to fit budget brand solid rubber tyres across its industrial fleet – until now, following a puncture-free 12 month trial of the XZM radial tyre. Joint managing director James Ovenden says: “We have been both surprised and impressed by the differences between economy tyres and Michelin fitments for our forklifts. The trial that Michelin set up lasted 750 hours, which is much longer than we are used to, and there were no punctures at all – even though we operate on high-risk surfaces.

28th February 2011/by Tyrepress Editors

Michelin XZM Difference ‘Phenomenal’, says Timber Merchant

A timber merchant in the Tayside town of Perth is switching over to a 100 per cent Michelin policy across its Machinery fleet following a trial using XZM industrial tyres fitted on two forklift trucks. The firm, Glenalmond Timber, had previously used solid tyres on its 13 counterbalance forklifts and three side-loader trucks, a solution production director Martin Clelland found unsatisfactory owing to their inability to withstand the wear and tear of moving bulk loads of timber around the yard.

14th December 2010/by Tyrepress Editors