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HiQ’s ‘Project Pink’ surpasses £150,000 total fundraising

At the conclusion of HiQ Tyres & Autocare’s ‘Pink October’ campaign, HiQ reports that over £150,000 has been raised for the Breast Cancer Now charity.

Breast Cancer Now is the UK’s largest breast cancer research and support charity, dedicated to advancing research, offering advice, and building a supportive community for those affected by breast cancer. Since 2009, HiQ Tyres & Autocare has proudly supported Breast Cancer Now, raising funds to help drive its world-class research and life-changing support initiatives.

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Related news:

  1. HiQ Tyres & Autocare expands into Tewkesbury
  2. Goodyear Dunlop to Supply 100,000 Tyres to Police
  3. Selecta Tyre Rugby to hold charity car wash
  4. Manchester tyre store PPM Autocare rebrands as HiQ West Gorton
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Transaid appoints new head of fundraising

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Maddy Matheson joined Transaid’s fundraising team in 2021 and is now head of fundraising (Photo: Transaid)

Transaid has appointed Maddy Matheson, 26, as its new head of fundraising. Matheson joined Transaid’s fundraising team in 2021, most recently serving as communications and corporate partnerships manager, where she was responsible for assisting the development and delivery of fundraising strategy.

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Related news:

  1. On your bike – Transaid launches 2017 cycling challenge
  2. Malcolm Group driver trainer completes Transaid secondment
  3. Transaid ambassadors to ride 500km route virtually to raise vital funds
  4. Transaid launches Celtic cycling challenge
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Have you got the stamina? asks BEN

Automotive charity BEN has launched the next challenge in its Benathlon series. “Throughout March, we’re challenging our automotive family to complete 100 miles and raise £100 for Ben! Are you up to the challenge?” The charity is challenging auto industry workers to lend their support by signing up to the ongoing exercise-based challenge.

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Related news:

  1. BVRLA karting race raises £6,000 + for BEN
  2. Bangers4BEN go under the hammer
  3. Survey: Stress a big issue in automotive industry
  4. GSF Car Parts, Delivery Mates to hit road in electric motorbike fundraiser for BEN
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JK Tyre raises 5 billion rupees

JK Tyre & Industries Limited has successfully concluded a 5-billion-rupee (£47.474 million; 55 million euros; US$60.125 million) Qualified Institutional Placement (QIP). The QIP was priced at 345 rupees per share (including a premium of 343 per share with face value of 2 rupees per share). According JK Tyre, the QIP received an “overwhelming response” from “marquee investors including Indian mutual funds, insurance companies and foreign institutional investors”.

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Related news:

  1. JK Tyre raises £47 million through QIP
  2. JK Tyre acquires Kesoram subsidiary, tyre factory
  3. JK Tyre launches US operation
  4. JK Tyre boosting car tyre capacity by 3 million units
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JK Tyre raises £47 million through QIP

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India’s JK Tyre & Industries Limited has successfully concluded its fund-raising plans of Rs 5 billion (£47.2 million) by way of Qualified Institutional Placement (QIP). The tyre maker will utilise funds gained through the QIP for capital expenditure projects and to strengthen its balance sheet.

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Related news:

  1. JK Tyre now 26% shareholder in Treel Mobility Solutions
  2. JK Tyre reduces pay for management in “unprecedented” times
  3. IFC takes 5.6% share in JK Tyre
  4. JK Tyre develops 80% sustainable tyre
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Kwik Fit raises £300,000 for Prostate Cancer UK

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Despite the impact that pandemic restrictions have placed on face-to-face fundraising, over the last year Kwik Fit raised more than £300,000 for its charity partner Prostate Cancer UK. With Covid-19 restricting the options for fundraising, the programme has placed a greater focus on online activity and staff participating in virtual and individual events. These included a team of employees from the company’s Fleet and Mobile division completing a “round the world” trip – walking, running and cycling a total of 25,734 miles and raising over £18,000.

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  1. ETEL announces senior promotions, new management team
  2. Life-saving bell from Wales goes on Kwik-Fit’s ‘Tour de Branch’
  3. Project TREE: A blockchain-driven, more sustainable rubber supply chain
  4. ETEL appoints Kwik Fit MD Mark Slade as deputy group CEO
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Discount Tire-backed RoboTire automated tyre changing system raises $7.5 million

RoboTire

RoboTire, a Detroit-based automotive robotics and automation startup closed a US$7.5 million investment round in October. RoboTire’s patented system uses robots to change tyres “in a fraction of the time human operators can” purportedly reducing “multiple-hour experiences to under 15 minutes”.  The Series A investment round was led by The Reinalt-Thomas Corporation, which sells tyres through 1000+ branches trading under the Discount Tire and America’s Tire brands in the USA. Automotive Ventures, Detroit Venture Partners, 640 Oxford Ventures and several angel investors participated in the funding round.

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  1. Tirescanner.com live in 42 US states, multi-million dollar funding close
  2. Tyre e-tailer Pneusmart secures 765,000 euros financing
  3. Discount Tire opens 1,000th branch
  4. Queensland motor industry invests in Australian tyre recycler Green Distillation
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Goodyear’s Cooper acquisition notes set to bear interest of 5%

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Following the news that it is raising money to fund the cash part of its takeover of Cooper Tire, The Goodyear Tire & Rubber Company announced that it has priced its private offering to eligible purchasers of $850 million aggregate principal amount of senior notes due 2029 and $600 million aggregate principal amount of senior notes due 2031.

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Related news:

  1. Goodyear set to buy Cooper Tire for US$2.5 billion
  2. Goodyear and Cooper shares up 30% after takeover news
  3. Fitch rating affirmation partially affirms Goodyear Cooper acquisition strategic logic
  4. Cooper shareholders approve Goodyear merger
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Life-saving bell from Wales goes on Kwik-Fit’s ‘Tour de Branch’

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A bell that has helped saved many lives in South Wales over the years is being taken on a national tour with the aim of saving many more in the future. The station bell from Cardiff Central Fire and Rescue Station has previously been used to alert firefighters to emergencies and has since been replaced by an electronic system. However, the hand-rung bell was retained for ceremonial purposes.

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Related news:

  1. Kwik Fit aims to raise £1 million for Children with Cancer UK
  2. Kwik Fit and BTCC to support Children with Cancer UK
  3. Kwik Fit raises a million for Children With Cancer UK
  4. Tyre Industry Awards 2015: Winners
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Exol helps raise funds for Cancer Research UK

Exol has been celebrating the recent fundraising achievements of Plevin, one of the UK’s leading wood processing and recycling companies, which has raised over £1,000 in aid of Cancer Research UK by participating in two tough charity challenges.

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Related news:

  1. Fundraising targets beaten in ATS Euromaster’s 50th anniversary year
  2. The Parts Alliance Group acquires BMS Superfactors
  3. Wejo: 7 million cars on tracking platform, new Manchester office
  4. Nexen Tire back with Man City for 2019/20
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RTA fundraising for ill founder Harvey Brodsky

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Not too long ago, Harvey Brodsky shared that he was cutting back his engagements with the Retread Tire Association for health reasons. The US-based association now reports that Brodsky’s cancer has advanced further, and it has launched a personal GoFundMe Campaign to help with the significant medical expenses involved.

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Related news:

  1. Leading German retreader Ihle Group files for insolvency
  2. Dunlop Aircraft Tyres to open US retread facility
  3. Hope for Europe’s retreaders – EC proposes anti-dumping legislation changes
  4. Jeffry Parks appointed MD of Retread Tire Association
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Exol team continues fundraising push

Exol Lubricants has raised more than £225 for The Brain Tumour Charity as part of its continued 2016 fundraising initiatives. The supplier is continuing to support its employees’ healthy living fundraising activity with members of staff announcing their intentions to live healthier lifestyles while supporting various charities.

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Related news:

  1. Exol makes screen debut with TV’s John Sergeant
  2. Exol ‘selfie’ competition winner
  3. Exol Pride sets sail, transporting raw materials by canal
  4. Exol receives CBOA ‘award of excellence’ for use of waterways
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Fundraising targets beaten in ATS Euromaster’s 50th anniversary year

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ATS Euromaster has smashed the fundraising targets set for its 50th anniversary year by collecting more than £57,000 for Macmillan Cancer Support. The tyre and vehicle maintenance retail network pledged to raise £50,000 for the charity but beat its target thanks to what it describes as “a variety of quirky fundraising initiatives led by team members at every level of the business.”

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Related news:

  1. ATS Euromaster given RoSPA Gold accreditation for 3rd consecutive year
  2. Jerome Monsaingeon named new ATS Euromaster MD
  3. East Midlands ambulances to wear Michelin year-round tyres
  4. ATS Euromaster appoints operations director to lead light vehicle focus
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