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Pneu-Logic and EDP Plan Major Growth For End of 2008

Pneu-Logic, the UK-based subsidiary of leading RFID developer Advanced ID Corporation has completed a “major growth plan” in cooperation with the company’s French strategic marketing partner EDP. This agreement, based on EDP’s rapidly growing customer base, more than doubles the company’s original 2008 forecast and is expected to exceed US$500,000 in product sales for Advanced ID. With expanding sales in France, Spain, Turkey and Israel, and a large order from China, EDP is set for massive expansion with its Tyre Parc Fleet Management software. With EDP selling Advanced ID probes, RFID tags and patches and the new OTR probe in 2009, the company expects sales to reach US$750,000 next year.

“We are very pleased with our sales performance, particularly in new markets such as China, Israel and Turkey,” said EDP Managing Director Jean Luc Guisti. Mr. Guisti continued: “Our Tyre Parc software with the Pneu-Logic system has been widely accepted as the industry leading solution for companies who understand the importance of good tyre management to reduce fleet operating costs.”

4th September 2008/by Tyrepress Editors

Analyst Recommendation Cut on Continental

As Merrill Lynch’s Michelin recommendation was upgraded to see in the new month, Continental’s was cut to “underperform” from “neutral”. The bank believes that Continental’s stock will see a fall to 60 euros in the coming weeks, after the expiration of Schaeffler’s offer to buy at 75 euros per share until reaching nearly half of the company’s total stock. Conti was down 0.1 per cent (5 cents) today at 74 euros in Frankfurt.

Merrill also links Conti’s predicted drop to Michelin’s rise, suggesting that investors who sell their shares in the German company could seek to invest in its rival in France.

1st September 2008/by Tyrepress Editors

UK Online Car Parts Supplier Reports European Buying ‘Frenzy’

One UK based online car parts retailer reports a ‘frenzy’ of ordering from our motoring friends in France, Germany and Spain. Quoting a new report, car parts direct says that these continental customers are saving as much as 70 per cent compared with buying in their own country.

Export sales of car parts to do-it-yourself mechanics and the garage trade have increased by 285 per cent in the last year as the value of the euro has risen by around one-fifth. The UK’s weak currency, a good availability of spare parts and fast and low cost delivery into Europe are fuelling record export sales for the online mail order specialist, carparts-direct.co.uk.

27th August 2008/by Tyrepress Editors

Mountain Bikers Ride Maxxis to World Championship Wins

MMA Maxxis sponsored downhill mountain bikers Gee and Rachel Atherton returned from the UCI Mountain Bike World Championships in Trentino, Italy, with Britain’s first ever gold medals, and also became the first siblings to take two mountain bike world titles in the same year.

Twenty year old Rachel is the new Women’s World Downhill Champion after mastering the hot, dry conditions and super technical track and seeing off the challenge of outgoing champion, France’s Sabine Jonnier. Fresh from victory in the Mountain Bike World Cup in Andorra, Rachel crossed the line an astonishing 11.99 seconds ahead of her main rival in one of the biggest ever winning margins in World Championships history, following up her 2006 Junior World Championship in style.

21st August 2008/by Tyrepress Editors

“Our Business Policy is Impeccable” – Michelin

Michelin has responded to an article published by newspaper Le Figaro, which stated France’s competition council was looking into a case of market abuse involving the tyre maker. On August 14 the company stated that its behaviour has been “impeccable” and that it does not dominate the French market.

15th August 2008/by Tyrepress Editors

Michelin Suspected of Market Abuse in France

The French Ministry of Finance is looking into the possibility that Michelin has abused its market power in its home market. According to the daily newspaper Le Figaro, the Ministry has given the case to the nation’s competition council regulator.

The paper says Michelin informed its distributors in late 2007 that it would cut commercial advantages to distributors retaining direct or indirect links to a rival tyre manufacturer. Tyre distributor Vulco, a subsidiary company of Goodyear, reportedly complained to the DGCCRF (the General Directorate for Fair Trading, Consumer Affairs and Fraud Control), a unit of the Ministry of Finance.

14th August 2008/by Tyrepress Editors

SITR Invests £4 million in Tyre Recycling

Cheshire-based IT recycling firm, has invested hefty £4 million on adding tyre recycling to its Middlewich plant. The company reports that it plans to open five other similar facilities throughout the UK and more in mainland Europe during the next two years. SITR is reportedly 90 per cent there in regards to installing new equipment for the plant, which has been brought in from Canada. As a result, the company announced that it will now also produce the Dunweedin range of rubber mulch, crumb and chippings at the Middlewich plant.

According to a letsrecycle.com report, Secure IT Recycling (SITR) was established in 2001 and focussed on secure document and IT equipment disposal until the beginning of this year when it began operating as a tyre recycler.

14th August 2008/by Tyrepress Editors

Deldo Gearing Up for Winter with New Catalogue

Deldo Autobanden is a European specialist in winter tyres. For many years the company has focused on this fast growing market and now offers over 25 brands in Car, Van, 4×4 and SUV tyres. Alongside Deldo’s understandable – considering their commercial viability for cold weather products – focus on the traditional ‘winter’ countries like Germany, Austria, and Switzerland the company is also ramping up its product range, thanks to the ‘studdable’ tyres from Wanli and Fortuna, for the Scandinavian market.

While both of these markets – the Germanic and Scandinavian – are familiar to the company on the basis of winter tradition, Deldo has also found great opportunities for both budget and branded winter tyres in Eastern Europe and the Russian republics. Winter tyres are becoming more important in other countries too, with significant growth in the Benelux, France and Italy. As a consequence, winter tyres are playing an increasingly important role in Deldo’s complete product range.

5th August 2008/by Tyrepress Editors

Emerging Markets Help Goodyear Achieve Strong Q2 Sales

Strong overseas performance, particularly in emerging markets, has enabled Goodyear to report record second quarter sales. During the three months to June 30, the tyre major generated US$5.2 billion in sales, a 6.5 per cent improvement on the previous year. Goodyear comments that this stronger result was achieved through improved pricing, a richer product mix and the impact of favourable foreign currency exchange. These factors offset lower volume sales in Europe and North America. Also impacting results, says Goodyear, was the 2007 divestiture of the company’s T&WA tyre mounting business, which had sales of $186 million in last year’s second quarter.

31st July 2008/by Tyrepress Editors

Solideal Releases Raptor Rubber Track Brand

Solideal International has released a new line of rubber tracks under the Raptor brand name. Raptor rubber tracks have been developed in 33 different sizes to fit the most popular mini excavator machines and are reportedly intended to offer “good value for money for price sensitive customers.” Raptor brand will be available in North America as well as in many European countries including: the Baltics, Czech Republic, Denmark, Finland, France, Germany, Italy, the Netherlands, Poland, Sweden, UK, Romania and Serbia. Solideal has been manufacturing premium rubber tracks since 1991. The group employs over 9000 people in 20 countries.

23rd July 2008/by Tyrepress Editors

Michelin Names Logica as Applications Service Partner

UK based IT and business services company Logica has been selected as Michelin’s applications services partner for its Finance and Purchase Reporting Group, Supply Chain Management, Marketing and Sales (Customer Relationship Management) and Demand to Cash operations across Europe and North America. The three-year contract, which has the further option of being renewed for an additional three years, includes consulting services and systems implementation.

According to Logica, the partnership will – in addition to improving cost and quality performance – deliver enhanced operating efficiency and more responsive, flexible information systems. The contract, reports Logica, will draw upon its ‘blended delivery’ model, through which the optimal IT resources from Logica’s worldwide service centres will be allocated.

21st July 2008/by Tyrepress Editors

Bridgestone Increases UHP Tyre Production in France

Bridgestone Europe has invested 32 million euros in increasing production capacity at its Béthune, France, passenger-car tyre plant. According to the company, the investment will extend the plant high performance tyre production output by up to 1000 tyres a day from 2009. The Bridgestone Béthune plant currently produces around 25,000 passenger-car tyres a day and employs more than 1,250 people. Bridgestone Europe operates seven manufacturing plants (in France, Spain, Italy, Poland and Hungary), producing both passenger car and truck and bus tyres. The new production facilities will manufacture Bridgestone’s latest generation passenger-car tyres including ultra high-performance tyres and winter tyres.

11th July 2008/by Tyrepress Editors

Infinity Partners Visit Dubai

With an increasing number of distributors joining the Infinity partners scheme, the brand is reportedly gaining “steady momentum” in the competitive price passenger car and truck sectors. According to company representatives, partners have been appointed in 25 countries across Europe during the past 12 months.

At the end of April, parent company – The Al Dobowi Group in conjunction with its European subsidiary – Goldspark Trading Ltd, organised a special three-day dealership event in Dubai entitled ‘Infinity Partners Day’. The appointed Infinity distributors in Europe, the UK and Ireland were invited to be the guests of Al Dobowi’s Chairman, Surender Singh Kandhari and his family for a combination of business and pleasure in the United Arab Emirates staying at the very impressive luxury hotel complex – Al Murooj Rotana Hotel in Dubai.

8th July 2008/by Tyrepress Editors

Lassa ‘Liberates’ Brand

Perhaps the most obvious development at Lassa is the launch of the company’s new corporate identity. Lassa’s marketing department refers its new design as “liberating the brand,” but this wasn’t simply a case of commissioning a designer one week and finishing it another. In fact Lassa spent roughly a year deciding on the new logo; and the consultation process involved many different stakeholders in the decision. Lassa’s decision to opt for a two story Essen stand – for the first time – literally raised the profile of the new design.

4th July 2008/by Tyrepress Editors

Nexen Goes Nano

International News, Product News

On 1 May, Nexen Tire Corporation opened a branch office in Germany (Nexen Tyre Europe GmbH) and is reportedly in the process of scouting tyre specialists with more than 20 years experience to enhance the company’s marketing in Germany. In addition to the company’s existing UK branch, Nexen plans to open more offices in Spain, Italy, and France to expand its European sales network. Nexen Tyre Europe GmbH is being described as “the centre of Europe” for the Korean manufacturer. From here the company plans to execute localised marketing strategies in order to support European customer service.

3rd July 2008/by Tyrepress Editors