New warehouse, new tyre brand supporting MTS’s wholesale strategy
Bleak economic circumstances generally create brand strategy complications within tyre distribution. Drivers’ demand for lower priced tyres as cost-of-living pressures hit their pockets can alter the dynamics at play in wholesalers’ exclusive brand offerings, which are often pitched as premiumised products with additional benefits that make paying more than a budget price worthwhile. Yet down markets are also a time to build for the future, sowing seeds that will yield benefits when the outlook brightens. In the case of Micheldever Tyre Services (MTS), a new-build warehouse in Scotland to support its business growth north of the border and a newly added exclusive distribution deal with Petlas are two ways in which the company is building for the future and managing the current market situation. Tyres & Accessories asked Graham Mitchell, MTS wholesale director, about its exclusive brands, which also include parent company Sumitomo Rubber Industries’ Falken Tyres, General Tire, and GT Radial, as well as the development of its warehouse in Bellshill, Scotland.