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Goodyear showcases BA labelled SUV tyre

Goodyear EfficientGrip SUV

Goodyear is showcasing its a BA-BB label rated selection of SUV tyres at the Geneva Motor Show. Tyres shown include a BA labelled tyre on the new Nissan Qashqai 2014 edition, itself a new fitment for the company and a BB label on its Eagle F1 Asymmetric SUV tyre. According to Goodyear, the release follows on from the developments necessary for the AA concept tyre previously exhibited at Geneva and which subsequently was launched in a mass-production car tyre form. The message is that driven by its award winning EfficientGrip Performance, which features a BA label across a majority of sizes offered, Goodyear is now focusing its attention to the SUV and cross-over markets.

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  1. Goodyear EfficientGrip SUV tyre aims to offer grip and low rolling resistance
  2. Goodyear adds 4×4 fitments to EfficientGrip range
  3. Michelin North America Releases New HydroEdge
  4. New Nokian winter tyre for SUVs
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Age of new car buyers is increasing

A report in the Financial Times, which focussed on the expectations of German car producer companies, showed that younger people are shunning buying new vehicles. According to the report, the average age of a new car buyer in Germany rose to a record 52.2 years in 2013, three years older than the average a decade ago, reflecting a trend observed in other industrialised countries.

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Trelleborg Wheel Systems posts positive 2013 results

Depending on whether you prefer the figure for continuing operations or the total consolidated result, Trelleborg Group net sales either rose 1.0 per cent – or declined 14.9 per cent – to SEK 21,262 million (£1.96 billion) in the 2013 fiscal year. The consolidated result was down from SEK 25,237 million in 2012 and includes the impact felt from the formation of TrelleborgVibracoustic, the joint venture formed with Freudenberg in 2012. Operating profit for 2013 came to SEK 2,815 million (£259.47 million).

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  1. Divestment Part of Trelleborg’s Continued Focus on Selected Segments
  2. Trelleborg’s acquisition of Maine Industrial finalised
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  4. Trelleborg Wheel Systems Sales Down for 2009
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Autopart Tyres helps Darcy’s get off the ground

MAM Software reports that its MAM Autopart Tyres has helped Darcy’s of Durham get its business up and running. With in-built point of sale functionality, Autopart Tyres gives Darcy’s access to extensive features such as labour allocation, parts look up, and technical data. Darcy’s can also keep in touch with its customers by SMS and email, which reduces the cost of postage and paper. The cloud-hosted Software as a Service (SaaS) approach allows the company to spread server license fees through monthly payments.

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  4. Strathclyde Tyres Wins Exel Scotland Contracts Supported by Cameo
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TRIB rolls out redesigned website

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US-based retreading advocate the Tire Retread & Repair Information Bureau (TRIB) launched its redesigned website at www.retread.org. TRIB says that enhancements to the site will continue to be rolled out in 2014, including additional features for the benefit of TRIB members.

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  1. TIA Appoints Chairman of State Executive Directors
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ATD buys Hercules Tire

Major US-based replacement tyre wholesaler American Tire Distributors (ATD) has acquired Hercules Tire & Rubber for approximately US$310 million. Details of the purchase – described as a merger – were submitted to the United States Securities and Exchange Commission on 24 January. Subject to closing conditions, the transaction is expected to be consummated by the end of January 2014.

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  1. Hercules purchase “fits very well” into ATD growth plan
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  4. ATD pays up to $365 million for Terry’s Tire Town
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B&J Rocket declares Q-Plus campaign a success

Close global cooperation with both distribution partners and retreaders is a reason for B&J Rocket rasp systems’ growing esteem as one of the most effective and reliable tools in the retreading business. Such a reputation doesn’t appear overnight, B&J Rocket observes; rather, it is a long process based on intensive interaction with users in order to constantly improve product and service quality. This is an integral part of the company’s Quality Plus programme, and a reason why B&J Rocket began a loyalty programme for its global customers in January 2013: the Q-Plus Check-Up promotion.

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  1. New Q-Plus Check-up loyalty promotion from B&J rocket
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  4. Standard Retreads and Kraiburg celebrate 5 years of cooperation in Ajman
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Strategic investment group buys controlling interest in Kings Road Tyres Group

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A controlling interest in Kings Road Tyres Group (KRT) has been acquired by a strategic investment group with members in China, Europe and North America. The UK management team, which bought out the company in the second half of 2011, will “continue to retain a significant equity position in the company and will maintain responsibility for day-to-day operation of Group businesses,” said a statement issued to Tyrepress by KRT today. The company said that the deal would “secure significant new equity investment” for KRT, which it said would help it develop its position as one of the leading players in the UK tyre industry.

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Related news:

  1. Sailun involved in Kings Road Tyres acquisition
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  4. Sales of the Sentury
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ARI Fleet UK signs Michelin, ATS Euromaster agreements

A leading UK fleet management company has signed agreements to make ATS Euromaster its tyre service provider, and Michelin its first choice tyre brand. Chippenham-based ARI Fleet UK’s agreements cover its fleet of cars, vans and trucks, which are supplied to customers such as the RSPCA and Autoglass, on a mixture of leasing, contract hire […]

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Kumho Tire tipped to exit workout programme this year

Korea Investment & Securities anticipates that a continually improving financial position at Kumho Tire makes the company good value for investors. In comments published by English-language Korean ICT publication IT Times, analyst Kim Jin-woo said the tyre maker’s debt burden is falling rapidly, and he opines that this financial turnaround isn’t yet reflected in the current Kumho Tire share price. Kumho Tire thus has been given a “buy” recommendation by Korea Investment & Securities and the target share price has been set at KRW 16,000.

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Pirelli signs Armenia synthetic rubber MoU

On 27 December, Pirelli reported the signing of a Memorandum of Understanding between Pirelli Tyre Russia, Russian petroleum company Rosneft and Oil Techno; the MoU covers setting up a joint venture to research and develop synthetic rubber, in particular Styrene-Butadiene Rubber (SBR), in Armenia.

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  1. Pirelli, Rosneft and Synthos move to next phase of synthetic rubber cooperation
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November sales key to unlocking UK winter tyre sales trends

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When it comes to analysing trends in the comparatively unpredictable UK winter tyre market, November unit sales figures are a key indicator of what is going on in the season. The latest figures aren’t out just yet, but GfK’s Kevin Glynn talked Tyres & Accessories through the thinking behind the leading market research company’s analysis.

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If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

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  • Read our sector-leading articles in full
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Related news:

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  2. Italy’s first conference on remanufacturing
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3 tyre makers win Japan Good Design Awards

Three tyres have been given a Good Design Award by the Japan Institute of Design Promotion (JDP) this year. These are the Bridgestone Blizzak VRX, the Toyo M929 TBR tyre and the Nexen N9000 semi street racing tyre.

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Court ruling bans Bob Jane from using own name

Decades ago, the advertisement that Bob Jane’s company ran on Australian television claimed ‘not even the tyres can believe the low prices’; now Judge Besanko can’t believe them, either. In the Federal Court of Australia this week he found that the companies Jane established after leaving Bob Jane Corporation have “engaged in conduct that is misleading or deceptive or likely to mislead or deceive,” and infringe on Bob Jane Corporation’s trademark rights. To remedy this, Besanko ruled that Bob Jane may no longer use his own name to sell tyres or related products and services.

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Litchfield launches Nissan GT-R ‘cloning’ TPMS sensors

Litchfield has released its latest ‘cloning’ Tyre Pressure Monitoring System (TPMS) sensors, designed for GT-R owners needing to run multiple wheel-sets. Aimed at solving a problem for its GT-R driving clients, Litchfield says the sensors will be a useful addition to extra winter or track wheels, as drivers will not have to recode the sensors each time they are change.

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