Giti Tire (UK) donates PPE to frontline NHS staff
Giti Tire (UK) has donated 400 face masks to frontline NHS staff at Manchester University NHS Foundation Trust (MFT), a key North West Trust in the fight against the coronavirus.
The tyre business along with the rest of the automotive industry was hit hard by the effects of coronavirus. This tag brings you the latest news as it happens.
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Goodyear defers dividend as volumes drop 18% in Q1 2020
Preliminary results for the first quarter of The Goodyear Tire Rubber Company’s 2020 financial year were published today, with the company confirming its fiscal performance during the three months to 31 March was “greatly affected by the economic disruption associated with the COVID-19 pandemic.” Tyre unit volumes declined 18 per cent year-on-year to approximately 31 million units and sales dropped 16.7 per cent to around US$3.0 billion.
Goodyear preparing to restart European truck tyre production
Production at Goodyear’s tyre plants in Europe and several other regions was put on hold almost a month ago in response to the impact of the coronavirus outbreak. The company is now looking to resume its production activities through a “phased restart” in the second quarter of 2020, beginning with some of its truck tyre production sites in Europe and the USA before the end of this month.
‘Drastic decline’ – ETRMA releases members’ Q1 2020 sales figures
Fresh figures from the European Tyre and Rubber Manufacturers’ Association (ETRMA) show the extent to which COVID-19 control measures have impacted upon Europe’s tyre markets. The year-on-year slowdown in tyre replacements and sales in the first quarter of 2020 has been “dramatic”, the ETRMA reports.
Pirelli offers contactless tyre and car maintenance through its Driver networks
Pirelli has launched a suite of initiatives for motorists wanting to carry out tyre and vehicle maintenance during the Covid-19 pandemic, while respecting social distancing.
‘Business as usual’ for Hella UK
Despite the current unprecedented circumstances, Hella is reassuring its customers that it’s business as usual for them throughout this COVID-19 pandemic. While the sales team isn’t out visiting customers at the moment, the company still has its employees working behind the scenes. The warehouse is continuing to be supplied and products distributed to workshops.
Euro Car Parts Southampton donates PPE to local NHS hospital
A Euro Car Parts branch in Southampton has donated personal protective equipment to the Southampton General Hospital.
Crisis car and van purchases continue by essential workers only – BuyaCar.co.uk
Occasional driving remains a necessity for two thirds of British motorists, even as traffic dwindles under the impact of social confinement rules, according to new research.
Bridgestone EMIA resuming manufacturing
Bridgestone EMIA has announced that it is gradually resuming manufacturing operations across its network in response to “business and customer needs”.
Cooper restarts tyre production in Mexico
Operations at Cooper Tire & Rubber Company’s production facility in El Salto, Mexico resumed yesterday. Measures to protect the health and safety of employees, including social distancing, additional cleaning and disinfecting of facilities, as well as restricted visitor access, were put in place as employees returned to work. Cooper announced the plant’s temporary closure due to coronavirus impacts on 21 March.
Trelleborg proposes postponement of dividend payment
The Board of Directors of Trelleborg has decided to withdraw its previous dividend proposal. Instead, the Board intends to propose that the company’s Annual General Meeting – which is scheduled to take place on 23 April – resolves that no dividend be paid.
Automotive outlook worsens
The global recession triggered by the COVID-19 pandemic is darkening the automotive sector’s short- and medium-term outlook given the prospect of steep declines in demand in North America and developing countries in 2020 in addition to Europe and China.
Michelin issues tyre advice for truck fleets facing extended lay up
Michelin has issued special guidance for haulage companies and own-account operators parking fleets for extended periods during the COVID-19 pandemic. This follows a survey by the Road Haulage Association which revealed 46 per cent of the UK’s trucks – around 240,000 vehicles – are now parked up with no work.
Guangrao Tire Exhibition (GRTAE) postponed
In light of the Covid-19 pandemic, and in order to protect the health of exhibitors, visitors and partners the 11th China (Guangrao) International Rubber Tire & Auto Accessory Exhibition (referred to as China GRTAE 2020), which was originally scheduled to be held at Guangrao International Expo Center, Shandong from 15-17 May has been rescheduled for 8-10 September 2020.
Bridgestone resuming commercial tyre production in North America
Bridgestone Americas has announced plans to restart its North American commercial tyre plants as well as its North American Firestone Industrial Products and Firestone Building Products manufacturing facilities on 13 April. The company’s Bandag retread rubber manufacturing plants in North America resumed operations the week of 29 March in order to meet demand by essential service providers.
