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Tire World Takes On Mighty Franchise

Tire World, a five-store tire retailer based in Colorado Springs, Colo., has become a Mighty Auto Parts distributor.

In April 2008, Tire World formed a separate entity to establish the franchised distribution business. Mighty Auto Parts of Southern Colorado operates from approximately 3,000 square feet of warehouse space strictly as a wholesale distributor of Mighty-branded products to the affiliated Tire World stores as well as other non-affiliated tire centers, quick lubes, car dealerships and general repair shops within the new franchise territory.

Tire World President Bill Prentice said, “We operate our Mighty business separate from our tire business. Tire World just happens to be one of our important customers. However, our Mighty franchise offers the same products, services and pricing to all of our customers. We’re very anxious to watch our Mighty business grow.” (Tire Review/Akron)

16th July 2008/by Tyrepress Editors

Mastercraft Tires Appoint Silverline as UK Distributors

Mastercraft Tires, an associate brand of Cooper Tire & Rubber Company that offers a full range of products including passenger, light truck and medium truck tyres, has appointed Warwick-based Silverline International as its official UK distributor. The brand targets after market sales through wide compatibility and affordable pricing.

Silverline International has been in business for over 20 years, specialising in the supply of UHP and SUV wheels and tyres. The distributor’s concentration on this area of the market is particularly fitting to Mastercraft, as the brand itself possess a highly-acclaimed 4×4 range. Mastercraft sales manager, Andy Harris, said: “Silverline International is one of the leading independent tyre businesses in the country and we’re delighted that they are representing the Mastercraft brand.”

8th July 2008/by Tyrepress Editors

HiQ Offers 5% Online Discount to BTCC Fans

HiQ is offering British Touring Car Championship fans a 5 per cent discount for BTCC fans that buy and book their tyres online at www.hiqonline.co.uk. The savings are in addition to the existing offers that always apply whenever online purchases are made.

HiQ’s commercial manager Farrell Dolan said: “Not only are our online prices highly competitive, we’re also offering an additional five per cent off to the fans of the BTCC, who turn up in their thousands at every race weekend. Our sponsorship of the BTCC is in its first year of a three year deal, and we have all been amazed by the fans’ dedication and passion so far.

26th June 2008/by Tyrepress Editors

Service And Repair Code On-Line Subscription Process Open

Any garage wishing to subscribe to the new Motor Industry Code of Practice for Service and Repair, recently launched by Motor Codes Limited, can do so right now via the user-friendly website http://service.motorindustrycodes.co.uk

To allow businesses plenty of time to prepare for the consumer launch planned for August, the straightforward on-line process describes the code and enables garages to subscribe easily and instantly. Over 5,500 garages had already signalled their intent to subscribe when the code was launched to the trade at the Office of Fair Trading in May and now that the web-based system is live, many more will be encouraged to sign up.

20th June 2008/by Tyrepress Editors

Grouptyre Rebrands as National Operation

Group Tyre, which markets itself as the UK’s leading independent tyre wholesaler, has announced that it is rebranding itself as Grouptyre as part of its strategy to achieve more market share. Over the next two years Group Tyre plans to evolve from a successful multi-regional buying group with a national accounts sales force into Grouptyre, a national brand that is recognised as the major player in tyre distribution. One of the first things to change has been Grouptyre’s website – www.grouptyre.co.uk. According to the company, the new website provides retailers with real time stockholding of the entire Grouptyre wholesaler members. There’s also a locator for retailers wishing to make contact with their nearest tyre distributor member.

“We are committed to increasing market penetration and part of our strategy is to reinvigorate the brand by giving it a national face. As Grouptyre, with a fresh, new corporate identity, we aim to project ourselves as a modern, professional and progressive company that fully understands its market and delivers the best opportunities to customers, suppliers and employees,” managing director Peter Harries commented.

18th June 2008/by Tyrepress Editors

US Motorists Driving Less

A sharp drop in the amount US motorists are driving, coupled with continued raw material price pressures has led financial analysts to lower US manufacturers earning predictions. Estimated vehicle miles travelled on all US roads declined 4.3 per cent year-on-year in March, according to the US Federal Highway Administration. The drop is apparently the steepest in the history of the data. This coupled with concerns about the effect of increasing raw material costs led Detusche Bank analysts to write: “In the near term, the combination of hyper-inflating raw material costs and weak demand will present major challenges for the tyre industry.”

“While we continue to see robust pricing behaviour within the industry, with price increases of “up to 8 per cent” having been recently announced by Goodyear (effective June 1) and Cooper Tire…we note that pricing may not completely offset raw material cost inflation in every quarter.”

3rd June 2008/by Tyrepress Editors

5500 Garages Intend to Join New Code of Practice

The new Motor Industry Code of Practice for Service and Repair was launched by Motor Codes Limited to the trade at the Office of Fair Trading in London on 29 May. Over 5,500 garages have reportedly signalled their intent to subscribe via a pre-launch commitment programme. Any UK garage can sign up to the voluntary code, which is currently progressing through the Office of Fair Trading (OFT) Consumer Codes Approval Scheme (CCAS). To comply with the code, a business will need to commit to meet the requirements for completing service and repair work whilst engaging with their customers.

The announcement follows threats of a so-called “super complaint” from consumer agencies, due to variable and sometimes poor service in the garage trade. The code aims to promote and safeguard the interests of consumers by helping them identify subscribing garages, and by “providing an easily accessible and robust dispute resolution mechanism when required.”

30th May 2008/by Tyrepress Editors

Infinity: Combining Quality with Competitive Prices

The Infinity brand is continuing to gain momentum in the UK and European markets on the back of its combination of quality and competitive pricing. Responsibility in Europe for this private brand label of the Dubai based Al Dobowi Group is handled by the group’s divisional company, London based Goldspark Trading Limited. The appointed manufacturer for Infinity is Shandong Linglong Rubber Company one of China’s best-known tyre producers. Reports indicate that Linglong will produce around 12 million passenger car tyres this year, and an additional 40,000 square metre production facility planned for 2009 will increase annual output to around 24 million tyres

Infinity’s high performance range includes the popular INF-050 UHP, designed to deliver good braking performance, extensive tread wear resistance and ride comfort through low noise. The INF-050 also features a reinforced bead to ensure safe handling on both wet and dry road surfaces. The current size range covers 16 to 18-inch rim diameter fitments, but plans are under way for additional 19 and 20-inch sizes.

25th April 2008/by Tyrepress Editors

Indian Tyre Majors Face Cartel Investigation

India’s government has asked the national fair trade regulator MRTP Commission – a quasi-judicial tribunal established to investigate monopolistic, restrictive and unfair trade practices – to look into suspected cartel-like behaviour amongst India’s major tyre manufacturers. On April 16 the commission’s investigative division issued notices to five leading tyre makers who, combined, control more than 80 per cent of the Indian market: The five include MRF, who alone controls 24 per cent, Apollo (22 per cent), JK Tyres (17 per cent), Ceat (14 per cent) and Goodyear (6 per cent).

18th April 2008/by Tyrepress Editors

Luxury Wheels Sells MHT Forged Products

MHT, the respected West Coast Wheel House, will has now made its products available in the UK through Luxury Wheels. MHT’s premium range is headed up by its ultra high performance forged wheels in a wide range of luxury and exotic applications. Their two latest designs, The Excess and Vendetta raise the bar for wheel design and construction across the industry.

Whether you need a dramatically staggered option for your Lamborghini Murcielago or Dodge Viper; or you if want to cut the ultimate dash with a 30-inch Hummer fitment, there should be an MHT forged wheel to suit.

16th April 2008/by Tyrepress Editors

New Pricing Arrangement for Compomotive Products

Wolverhampton based Components Automotives has notified its customers that, as of April 14, the prices for all Compomotive three-piece wheels and three piece rim parts will be on application only. The company states that this decision has been taken due to the extensive price increases it has just received from its rim supplier and the ever-decreasing value of the British pound against the euro. All orders for three-piece wheels and outer & inner rims will be costed at the time of enquiry, the company adds, and any special prices or discounts previously agreed will no longer be applicable.

The company expresses its apologies in announcing these changes, and further apologies for any inconvenience this has caused.

15th April 2008/by Tyrepress Editors

MHT Forged Wheels – an Excess of Style

Amongst discerning petrol heads the MHT name is one requiring little introduction. The West Coast wheel house creates wheels considered by many to be some of the most desirable on the US tuning scene. And thanks to Luxury Wheels, the company’s creations are now available in the UK.

MHT’s premium range is headed up by its ultra high performance forged wheels, which come in a wide range of luxury and exotic applications. Luxury Wheels considers the two most recent MHT product offerings, the Excess and Vendetta, as designs that raise the bar for wheel design and construction across the industry. Whether you need a dramatically staggered option for your Lamborghini Murcielago or Dodge Viper, says Luxury Wheels, or you want to cut the ultimate dash with a 30-inch Hummer fitment, an MHT forged wheel to suit should be at hand. Each package is hand-assembled to create the exact offset and dish to suit each individual vehicle.

11th April 2008/by Tyrepress Editors

Keegan: Goodyear Well Positioned Despite Economic Uncertainty

In his address at Goodyear’s 2008 annual shareholders’ meeting on April 5, chairman and CEO Robert J. Keegan said the company is well positioned for future success despite economic uncertainty in 2008. This, he said, is the result of the determination and innovative thinking exhibited by thousands of Goodyear associates around the world that helped turn the company around.

“Our company’s product, brand and customer mix has become considerably richer,” said Keegan. “We are more focused on the premium segments of the global tire markets, which have relatively inelastic pricing dynamics. Our ability to generate top-line growth is underpinned by our product leadership strategy. We focus our industry-leading new product engine on increasing our mix of high-value-added tyres. The introduction of impactful new products to our portfolio globally raised the bar again in 2007.”

9th April 2008/by Tyrepress Editors

Bridgestone Tyres an OE Option for Andretti/Benelli Motorcycles

Bridgestone Firestone North American Tire, LLC (BFNT) and Power Sports Factory, Inc. have announced that a range of Bridgestone brand motorcycle and motorbike tyres will be available on the entire line of Power Sports Factory’s Andretti/Benelli premium motorcycles by the end of 2008. As the only motorbikes endorsed by racing legend Mario Andretti, the range of bikes combines high performance, competitive pricing and design by Benelli. The Andretti/Benelli line is known for its high-quality construction and attractive styling, comments BFNT, making it a smart choice for consumers.

“Given BFNT’s long-standing relationship with Mario Andretti, and the Bridgestone brand’s reputation for high performance motorcycle and motorbike tyres, we found this to be a great opportunity to tie the two together,” commented Phil Pacsi, vice president, Consumer Marketing, BFNT. “We are proud that Mario wanted to ensure that our tyres would be available on the motorbikes that carry his name.”

25th March 2008/by Tyrepress Editors

Bandvulc Keeps Boots On The Move

Boots, part of the Alliance Boots group worldwide pharmaceutical, health and beauty company, has selected Bandvulc and Bandvulc Tyre Contracts to administer its commercial tyre policy at its Headquarters and largest logistics base within the UK.

After competitive bids from all of the major suppliers and manufacturers, Bandvulc Tyre Contracts was awarded the business based on its ability to deliver solutions to the highest standards, as required by Boots. David Landy, the Fleet Manager for Boots, adds: “Our fleet at Nottingham is primarily trailers; with over 500 being based here at any one time, it was essential that the offer focused on competitive pricing and the ability to deliver results. Like any business, delivery of what you commit to is a vital part of any agreement and that is what we saw in Bandvulc Tyre Contracts. The solutions offered were practical and deliverable, hence their success.”

25th March 2008/by Tyrepress Editors