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Euro Car Parts Offers ‘The Largest Range of React Cats and Front Pipes’

Leading aftermarket parts supplier, Euro Car Parts (ECP), has reported that it stocks “the largest range of Cats and front pipes with over 500 front pipes and over 1,500 Cats from in the React Brand. According to the company, Euro Car Parts works closely with React to offer a direct technical help line and dedicated React account managers are also “on hand for assistance to both ECP branches and customers.” An additional Express Pattern service is also offered on vehicles that are registered before 1March 2001 at what are said to be extremely competitive prices.

14th May 2010/by Tyrepress Editors

Titan Prices on the Rise

Titan Tire Corporation has announced price increases for Titan branded farm and construction tyres and Titan manufactured Goodyear branded agricultural tyres. Increases of up to six per cent will be implemented on June 1. Titan says the rises will “offset rising raw material, energy and transportation costs”, and adds that the prices of certain tyres may rise in excess of six per cent “due to realignment and positioning of the product.”

12th May 2010/by Tyrepress Editors

Titan Announces 6% Price Increase

Titan Tire Corporation, a subsidiary of Titan International, Inc. has announced that it will implement a price increase on Titan branded farm and construction tyres and Titan manufactured Goodyear branded farm tyres effective 1 June 2010. The increase of up to approximately 6 per cent is designed to offset rising raw material, energy and transportation costs, according the company, which points out that “certain tyre prices may rise in excess of 6 per cent due to realignment and positioning of the product.”

10th May 2010/by Tyrepress Editors

Rubber Price Falls Over Debt Crisis Fears

BusinessWeek.com reported on 7 May that the price of rubber fell to its lowest price in more than four months, erasing this year's gains, on concern that Europe's debt crisis may slow the global economic recovery. However, while financial analysts agree that tyre raw material prices have “ticked down for the first time since March 2009,” they say the full year effect in 2010 is still likely to be 15 – 20 per cent higher than last year.

10th May 2010/by Tyrepress Editors

Micheldever Opens Middlesex Logistics Centre

Micheldever Tyres Services (MTS) has opened a new distribution centre in Middlesex, North West London. The new site situated in Greenford, Middlesex, will have a storage capacity of over 100,000 tyres, which will according to the company “carry a huge range of patterns and sizes of tyres in all brands to ensure maximum possible availability for the increasingly important same day delivery service.”

MTS wholesale director Alan Baldwin described the opening of the company’s latest warehouse as “Micheldever’s greatest leap forward in customer service since we opened our Halifax warehouse,” adding:

10th May 2010/by Tyrepress Editors

Toyo Raises US Tyre Prices

Toyo Tire USA said it would again increase prices on its Toyo brand passenger, light truck/SUV, medium truck and OTR tyres, says Tire Review. The 1 June increase will be up to 8 per cent, with in-line adjustments. This is Toyo’s second price hike of the year, having taken increases of up to 7 per cent bump on medium truck tyres and up to 6 per cent on consumer tyres earlier this year.

6th May 2010/by Tyrepress Editors

Westminster Elects…Vacu-Lug

In keeping with our apolitical but pro-tyre, wheel and association industries position, Tyres & Accessories will not be publishing anything that could influence you vote in today’s general election. However, that doesn’t mean we can’t mention anything to do with what’s going on in Westminster…Whilst the rest of the country goes to the polls, Westminster Council has reportedly “elected” to use Vacu-Lug Tyres to provide its tyre and fleet management needs.

6th May 2010/by Tyrepress Editors

Apollo Tyres to Raise Prices in June

Apollo Tyres has confirmed it will increase tyre prices again by 4 per cent in June after already hiking prices by 3.5 per cent on 1 May, reports Tire Review. The company cited increases in natural rubber and crude oil costs as the reason for the successive price hikes. Citing similar input cost pressures, Apollo had increased prices 2 per cent to 4 per cent in April and 3-5 per cent in January.

5th May 2010/by Tyrepress Editors

Nexen Raises European Prices 7%

Nexen Europe GmbH has announced that it will implement a price increase of 7 per cent across its ranges of car, 4×4 and van summer tyres. According to the company, the price increases has been prompted by the continuing series of prices increases the manufacturer has itself experienced in the commodity markets and also in logistics, which account for “a significant portion of Nexen Tire’s costs.” The situation has reportedly been exacerbated by the “ever weakening euro against the dollar” due to the fact that raw material and logistics deals are generally settled in dollars.

5th May 2010/by Tyrepress Editors

Bridgestone Bandag Sets US Price Increases

Bridgestone Bandag Tire Solutions (BBTS), a division of Bridgestone Americas Tire Operations, will increase prices on its Firestone, Dayton and Bandag brand products sold in the US up to 6 per cent, says Tire Review.

4th May 2010/by Tyrepress Editors

Michelin North America Ups Prices

Come June 1, North American customers wishing to purchase Michelin company tyres will require pockets that are up to six per cent deeper. The tyre maker has announced price increases for Michelin, BFGoodrich, Uniroyal, private and associate brand passenger car and light truck replacement market tyres sold in the United States. Prices for replacement market motorcycle tyres will also increase by up to six per cent in the US, Canada and Mexico markets.

30th April 2010/by Tyrepress Editors

Nexen’s Q1 Earnings Jump 43%

Nexen Tire Corp.’s first quarter earnings jumped 43 per cent from a year earlier on the back of increased prices, reports Tire Review. Net profit reached 25 billion won (US$22.4 million) in the January-March period, compared with a profit of 17 billion won a year earlier, the company said in a regulatory filing. Sales increased 8.6 per cent to 249 billion won over the cited period, while operating income fell 5.1 per cent to 32.4 billion won, it said.

29th April 2010/by Tyrepress Editors

Dotz Launches New GTR Rim

Dotz has released its latest deep-dish design, which offers a 6-spoke profile, combined with a dish and the all-important deep lip. As its Eastern look suggests, the wheel is aimed squarely at the Japanese and tuner markets, but its makers hope it will be a hit in the VAG scene, with fitments being available for all of the usual suspects. Size wise, 18-inch offered in either 7.5 or 8-inch widths and 19-inch diameter available in both 8.5 and 9.5-inch. All are available from stock immediately in the UK. Prices start from £118 + VAT.

27th April 2010/by Tyrepress Editors

Nankang Raises European Prices 6 – 8%

Nankang Rubber Tire Corp., Ltd has increased production prices across its entire range of passenger, 4×4, SUV, van and snow tyres effect 20 April. Nankang said the price increases are due to the escalation of raw materials and energy-related expenses. “We appreciate the support and understanding of our customers. It was a very difficult decision to raise prices, and we need relative income to maintain same service to our valued customers,” said Eric Shih, Nankang Tire manager of export department. According to the company, Nankang last raised prices in November 2009.

21st April 2010/by Tyrepress Editors

British Businesses "Wasting Fuel" – Survey

According to a recent survey, British businesses are squandering millions of litres of petrol because employees don’t drive company vehicles efficiently. Poor driving technique, inaccurate fuel gauges and bad record keeping are all contributing to companies being unaware of the real consequences of their fuel usage, the survey adds.

The research by leading telematics expert Trimble MRM found recent hikes in petrol and diesel prices is the biggest challenge facing fleet managers today. The drive to make business more fuel efficient is forcing fleet managers to take a long hard look at their vehicles and driver behaviour.

20th April 2010/by Tyrepress Editors