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Varta and Manbat in Distribution Deal

Varta Automotive Batteries has made changes to its product distribution, extending its agreement with major supply partner Manbat Ltd. The new distribution arrangements for both Varta and Freedom branded batteries have been introduced to provide improved levels of service to Varta’s network of more than 150 independent agents and support the long-term co-operation with Manbat. Critical to the new arrangement was the agreement of automotive buying group Group Auto Union in accepting Varta and Manbat as joint suppliers.

14th August 2006/by Tyrepress Editors

Amtel-Vredestein First Half Revenues up 22 per cent

Describing itself as Europe’s fourth largest tyre producer, Amtel-Vredestein (AV) has announced first-half results showing sales of $350 million, up 22 per cent from £286 million in 2005. Gross profit improved 43 per cent from $56 to $80 million in the first half, up 22 per cent in the second quarter compared with the first three months of the year. However, Amtel-Vredestein’s first half net losses totalled $15 million against the $1 million profit at the same time last year. Most of the losses were acquired during the first quarter, with net losses decreasing to $5 million in the second quarter, write AK&M analysts. In the same period net revenue from Passenger Car Tyres grew 52 per cent from $135 million to $205 million in the first half and now represents 59 per cent of total sales.

14th August 2006/by Tyrepress Editors

Bridgestone Motorcycle Tyre “Price Realignment”

With raw material prices rising dramatically all over the world, the cost of manufacturing tyres has obviously also risen. As a result, Bridgestone motorcycle tyre distributor, Biketyrestore is reporting that the manufacturer will be increasing prices on 1 September 2006. The price increase affects all radials by between four and five per cent. Biketyrestore is encouraging customers to beat the price increase by ordering tyres in August.

11th August 2006/by Tyrepress Editors

Alcoa Introduces Wheel Buy-Back Programme

Alcoa announced today that it will become the first aluminium wheel manufacturer to buy back its used wheels. Alcoa’s new “Value for Life” programme for Fleets and Owner-Operators in the UK will come into effect this month. According to the company, “Value for Life” is all about providing customers with high quality products that offer a lifetime of value and care for our environment.

10th August 2006/by Tyrepress Editors

Manbat Releases Numax Application Guide

Manbat, the UK’s largest battery distributor, has launched its new Battery Specification and Application Guide for its Numax brand. The 78-page publication covers essential information on the supply, sale and handling of batteries and is divided into 20 relevant sections.

9th August 2006/by Tyrepress Editors

Amtel-Vredestein to Acquires Russian Tyre and Auto Part Distributors

Amtel-Vredestein’s (AV) AV-TO retail subsidiary has announced that it is to buy Nizhny Novgorod-based motorfactor, Pigma, and tyre distributor Megashina. With over 10 years in the market, LLC Trade House Pigma (Pigma), is reportedly a dynamic company that sells more than 27,000 auto components from approximately 40 producers to over 1500 customers throughout Russia and CIS. Pigma also built a network of seven tyre service retail centres in Nizhny Novgorod – which it sold to Amtel-Vredestein in March 2006.

8th August 2006/by Tyrepress Editors

Manbat – Approved Supplier to Group Auto Union

Manbat has become an approved supplier of batteries to automotive buying group Group Auto Union (UK). As part of the agreement, the company, the UK’s largest battery distributor, will offer GAU distributors the high profile Numax and Varta brands of batteries, which both offer 99 per cent coverage of UK car parc.

GAU recognised Manbat for its excellent sales support package, which encompasses high quality cataloguing, point of sale, extensive availability and range of product.

1st August 2006/by Tyrepress Editors

ATD Buying Minnesota Wholesaler

(Akron/Tire Review) American Tire Distributors Inc. has agreed to purchase Minneapolis-based Samaritan Wholesale Tire Co., which covers eastern Minnesota and parts of western Wisconsin. Samaritan co-owner Jay Halvorson will join ATD to help manage the Minneapolis operation.

1st August 2006/by Tyrepress Editors

VECO Moves in to Northern Ireland

The VECO range of automotive components is now available in Northern Ireland after Belfast-based SIA Agencies teamed up with GP Automotive, the official distributor of the brand in to the UK aftermarket. Under the new agreement, SIA Agencies has become the exclusive new VECO distributor in Northern Ireland and components are available immediately from the company’s warehouse in Belfast. The VECO label has gone from strength-to-strength since GP took over the brand last September. Its range of braking, clutch, water pump, cables, wheel bearings, and steering and suspension components have proved popular with aftermarket retailers seeking a cost-effective and reliable hard parts programme. The current VECO range exceeds 11,000 part numbers.

27th July 2006/by Tyrepress Editors

Micheldever Signs Five-Year Exclusive Distribution Deal with Kumho

Micheldever Tyre Services Ltd (MTS), the UK’s largest independent tyre distribution company, has signed a five-year distribution agreement with the UK arm of the leading Korean manufacturer, Kumho Tires. The distribution deal is the company’s first ever long-term agreement in the UK tyre market and gives MTS exclusive rights over Kumho’s portfolio of car, 4×4 and van products in Great Britain. The announcement marks the culmination of a successful nine-year association between the two companies. Over the last three years, they have been developing the Ecsta Performance Centre (EPC) programme, dedicated to specialist Kumho tyre sales and support.

12th July 2006/by Tyrepress Editors

Maxxis Signs Up for Brityrex International 2007

Maxxis International is the first of the major tyre manufacturers to confirm it is to attend Brityrex International, which takes place at the G-MEX Convention Centre in Manchester from 1-3 May 2007. All exhibitors will be located in one hall with 10,500 square metres of space and the Maxxis stand will be in a prime position adjacent to the entrance.

Maxxis is continuing to develop its credentials within the PCR market while also expanding its UK product portfolio and is actively looking to recruit specialist distributors for its new light and heavy truck tyres.

12th July 2006/by Tyrepress Editors

Zisser Tire’s Increasing European Presence

“It has been a meteoric rise for us in Europe”, said the company’s, Tim Mahowald. “We have obviously been helped by the fluctuation in currency between the US dollar and the euro resulting in a consistent annual increase in Export sales since 2002. We are also one of the fastest growing high performance tyre wholesalers in the USA with annual sales exceeding $119 million. Our current inventory of over 150,000 UHP tyres offers a wide range of brand names. For the last four years Zisser has been the exclusive importer of the Wanli brand for the USA”.

3rd July 2006/by Tyrepress Editors

North Hants Tyres: Over Half a Century of Service

North Hants Tyres has been at the forefront of the Antique and Classic tyre scene for over 50 years, and with its many supply sources, is one of the leading suppliers in this small, but thriving, niche market.

When North Hants Tyres was first starting out just after the Second World war, there was a shortage of new tyres, so many used or ex-War Department tyres were sold to fill the market. As time progressed, the New Old Stock tyres became older and perished, and with the advent of motorways, became unserviceable. Also, by this time, radials were becoming more popular, and the old crossply 16″, 17″ 18″ and 19″ tyres fell out of favour. So it was left to restorers, or tyre retailers who had an interest in the vintage scene, to find and produce the tyres for these vehicles.

3rd July 2006/by Tyrepress Editors

Kraiburg Retreads for When the Going Gets Really Tough

Retreads working in one of the most extreme applications imaginable – is this possible? In conjunction with its Italian partner Ghelardini, retreading specialist Kraiburg has proven that it is possible to marry up these two apparent opposites, and highly successfully. One fact that demonstrates this is that today virtually 80 per cent of all retreaded tyres used in the marble quarries in Carrara, Italy, run on Kraiburg compounds. And the customers are more than satisfied with the performance of these retreaded tyres.

23rd June 2006/by Tyrepress Editors

Hercules Tire & Rubber to Acquire Wholesaler

The Hercules Tire & Rubber Company (Hercules), the marketer and distributor of private label and branded tyres, announced that it is acquiring Tire Distributor Inc., USA (TDI), a tyre wholesaler headquartered near Miami, Florida. Terms of the transaction were not disclosed. “We are very pleased to bring TDI and its management team and employees into the Hercules family,” said Larry Seawell, president and chief executive officer of Hercules. Seawell added, “We had targeted the Southeast region for expansion given the opportunities for growth in that market, and it was important for us to find a strong operating platform in Florida that would allow us to expand our sales and distribution capabilities throughout the Southeast and into Latin America.”

23rd June 2006/by Tyrepress Editors