SD International introduces winter ranges
Shanghai-based manufacturer, SD International has introduced winter tyre models across several of the company's established private brands – Pace, Zeta and Maxtrek.
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New products from SD International at CITExpo 2012
NewsSD International reports that it is showcasing its full product portfolio and introducing several new tyres (including the firm’s latest winter ranges in both the Pace and Zeta brands) at CITExpo 2012. The company will also be launching its all-new Briland range for which it holds global distribution rights.
Private brands a continued Deldo focus
NewsThe growth Deldo reported when Tyres & Accessories visited the wholesaler’s headquarters in Antwerp earlier this year (as covered in our March 2012 issue) has continued throughout the first half of this year, Rutger Veerman related during Reifen 2012. And the international sales and marketing manager said its experiences at the show were equally positive. “We’ve had a good show,” Veerman shared. “We have seen a lot of existing customers, mostly customers from within Europe but also from outside, and we have had contact with a number of new customers. We’ve had interest from places as far away as Australia and New Zealand. We have had a lot of interest and now have plenty to do.”
TBC Corp to acquire Midas for $310M
Company NewsUS-based company TBC Corporation, which calls itself the country’s largest marketer of tyres for the automotive replacement market, has acquired automotive service provider Midas for approximately US$310 million. The all-cash transaction will see Midas shares change hands for $11.50 each, a price that represents a 75 per cent premium over Midas’ closing price of $6.58 on 11 August 2011, when Midas announced it would conduct a strategic review process, and a 28 per cent premium over the closing share price as of 12 March 2012. The proposed transaction has been unanimously approved by both companies’ boards of directors. In addition, Midas chairman, president and CEO Alan Feldman has signed a tender and voting agreement in support of the offer.
Stapleton’s increasing van tyre choice
NewsStapleton’s head of marketing and range planning, Stephen Childs says the company’s latest NTDA TAFF Awards Tyre Wholesaler of the Year award – its second in as many years – and its leading position in UK tyre wholesale can be explained by the company’s “working for the customer” philosophy: “We’re keenly aware that it’s tough out there for our retail customers – and that’s why we’re working harder than ever to gear up our service to meet their needs quickly and accurately.”
Point S hoping US experience will match UK success
NewsThe SEMA show has come to an end, and point S Development states the exhibition, where managing director Jürgen Benz and Independent Tire Dealer Group (ITDG) CEO Michael Cox signed a master franchise contract for the USA, more than met the company’s expectations. Commenting on the show, Fabien Bouquet, international operations director at point S Development, shared: “Our presence at the SEMA show in Las Vegas, an important US exhibition, was a complete success.
Vendetta Tyres prepares for wider European launch
NewsIf the team behind the “Vendetta Tyres“ brand had its way, deliveries to a large chunk of the European tyre market would have already got underway during the course of this year. Yet, as Laree Jane notes, success in Europe involves building up both a new brand and customer relationships, and the director of Melbourne, Australia-based Vendetta International Pty. Ltd is confident of achieving this soon. Sales of Vendetta tyres began last year in the Australian home market and the brand will shortly be present in Canada, Argentina and Ireland, Vendetta’s first market in Europe. Vendetta International now has its eyes on entering further replacement markets; the company is seeking agencies in the UK and other European countries. Speaking with Tyres & Accessories, Laree Jane explained the company’s plans for Europe and what Vendetta International has to offer.
Stapleton’s offering cross-segment high performance
NewsWholesaler Stapleton’s offers high performance tyres from premium to budget brands, with the aim of providing a tyre for every car on the market. “With HP tyres, as with every other type, we’re steered by what our customers tell us they want: and that’s the total assurance that we’ve got every fitment imaginable available from stock – and at prices to suit every budget too,” says Stephen Childs, head of marketing & range planning. The wholesaler says it has a “proliferation of excellent products in the mid-range and budget sectors”, showing that high performance… tyres “are no longer the preserve of the wealthy end of the market spectrum”. Stapleton’s argues that it “tacitly acknowledges that quality and performance are for all of its customers at affordable prices and not just for the select few”.
New private brand ‘inter-seasonal’ tyre launched?
NewsHaving witnessed the ascendency of private brands and exclusive budget labels in numerous European markets, the team at Tyres & Accessories has decided to pool its vast industry knowledge and release its own private tyre label. Known as ‘Tyrepress’, a subtle nod to the popular website the United Kingdom based company operates, this new range includes summer and winter sizes along with – in a European first – fitments specifically designed for spring and autumn use.
Shandong Linglong Aims for 20% Export Increase in 2010
Company NewsLast year Shandong Linglong reportedly exported 12.969 million tyres and earned an export delivery income of RMB 4.139 billion (£403.6 million), an amount said to be more than that earned by any other Chinese manufacturer. At the Reifen 2010 show in Germany, Shandong Linglong Tire Co., Ltd. CEO Wang Feng told Tyres & Accessories that the company’s aim for 2010 is to further improve on this already impressive result.
Best Choice: More Choice
NewsLocated in Beijing, Best Choice is a leading international tyre wholesaler in China having long term close cooperation with domestic manufacturers and overseas tyre distributors. "Best Choice is able to offer a range of excellent quality products that are economically priced. In 2009, the company exported over tyres to the value of over 50 million US dollars," said managing director Stephen Wu.
Private Brands Give SD International Broad Market Coverage
NewsPace, Zeta, Duration, DHT and Agrostar are amongst the private brands contract manufactured for SD International. The trading company, established in under the name Shanghai Durotyre in 2002, offers a comprehensive product range through these brands, covering the passenger car, commercial and earthmover tyre segments. Sales offices in the UK, Argentina and USA have aided in the establishment of SD International’s products in numerous markets and helped the company sell more than 600,000 tyres in 2008.
Tyres & Accessories March 2010
NewsThe March 2010 edition of Tyres & Accessories magazine is now available online and is viewable as a virtual flash “e-magazine” to all subscribers. This latest issue particularly focuses on the private brand business, 4×4 tyres and brake components. Click more to have a look.
GITI Tire (UK) Achieves ISO 9001:2008
NewsGITI Tire (UK) Ltd has achieved registration to the ISO 9001:2008 internationally recognised internal quality management standard. This independent assessment was conducted by The British Assessment Bureau (BAB) and, say company representatives, demonstrates GITI Tire’s commitment to customer service and quality. Wythenshawe, Manchester-based GITI Tire (UK) Ltd has now earned the right to display the BAB logo to show conformity to the standard. The certification for GITI Tire (UK) Ltd. applies to the supply of truck and bus tyres to the UK market.
Tariff Issue Still on TIA Front-Burner
NewsIn the USA, the TIA says it is still working to either reduce or eliminate the added tariff placed on China-made consumer tyres by the Obama Administration last September, reports Tire Review. The three-year tariff adds 35 per cent to the price of consumer tyres exported to the US from China, dropping to 30 per cent in its second year and 25 per cent in the third.
