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Online Retail Potential Greater than Thought: Delticom

According to Delticom, the number of potential online tyre purchasers is much higher than many experts previously thought. The online retailer has drawn this conclusion from the results of its “Reifen Online 2010” survey of 1,001 German motorists, which was conducted by renowned survey organisation forsa. The forsa survey revealed as many as a third of all German drivers can envision purchasing tyres online; for motorists between 18 and 30 years of age, this figure rises to 42 per cent.

16th April 2010/by Tyrepress Editors

Goodyear Releases SmartWay Certified Regional Tyre

The range of Goodyear truck tyres certified by the US Environmental Protection Agency’s SmartWay programme has been enlarged by the addition of a new product, the G662 RSA Fuel Max. The qualities purchasers will find in this all-position regional tyre, Goodyear reports, are a deep tread, enhanced tread design and scrub-resistant compounds to help maximise tyre life in urban and regional driving conditions.

16th April 2010/by Tyrepress Editors

Supertracker: Quality Equipment, Experienced Service and In-Depth Training

Conservative estimates from Supertracker place the daily number of wheel alignments carried out using its equipment at around 18,000. Therefore the company has no doubt that training in the correct and most efficient use of the machinery has never been so important for the industry.

30th March 2010/by Tyrepress Editors

Production Halted at Kumho’s Gwangju Plant

South Korea’s JoongAng Daily reports the production line at Kumho Tire’s Gwangju factory has stood idle since last week due to the unavailability of rubber. The company planned to secure emergency funding from its creditor to purchase additional supplies of the commodity, however this action has been delayed due to disagreements with the union representing Kumho Tire employees.

29th March 2010/by Tyrepress Editors

Halfords/Nationwide Autocentres Increase Sales 5%

Just a month after Halfords bought Nationwide Autocentres for £73.2 million, the new owners have reported that like-for-like sales have grown 5 per cent since the buyout. According to the company, the integration plan is “progressing well” and the programme of rebranding the centres under the Halfords moniker will be rolled out during 2011.

David Wild, chief executive officer, commented: “Halfords retail performance continues to be robust, with full year earnings now anticipated to grow by approximately 25 per cent. The acquisition of Nationwide Autocentres, completed during the quarter, logically extends our successful service proposition and provides a further opportunity for future growth.”

23rd March 2010/by Tyrepress Editors

Stamford Quarter Sales and Profits Up

Stamford Tyres has released unaudited results for the third quarter of its 2010 financial year – a quarter that, unusually, spans the period between November 1, 2009 and January 31, 2010. The company attained a total revenue of S$81.73 (£) during the quarter, and increase of 29.21 per cent on the same period a year earlier. Net profit amounted to S$2.37 million (£), compared with a profit of only $102,000 during the corresponding quarter of the previous financial year.

19th March 2010/by Tyrepress Editors

Survey Shows More UK Dealers Recommend Bridgestone 4×4 Tyres

Research conducted by Encircle Marketing between April 2009 and February 2010 has revealed dealers recommend Bridgestone 4×4 tyres almost twice as often as the next most recommended brand. The survey showed that Bridgestone’s 4×4 tyres are recommended 18 per cent of the time, far ahead of the nearest competitor at 10.4 per cent. Dealer recommendation – widely accepted to be a key factor influencing customer purchase choice – was also found to be stronger for premium brands, with a 60 per cent recommendation rate versus budget brands.

19th March 2010/by Tyrepress Editors

Nationwide Autocentre Crowned 2010 Customer King

Nationwide Autocentre has been crowned ‘Customer King’ following a search by Cisco and Real Business magazine to find best customer focused firms of 2010. The Customer Kings competition aims to find the UK’s best businesses for customer engagement. Nationwide Autocentre was named as the best ‘big’ business in the competition’s newly introduced commercial category.

The commercial category was introduced to see if smaller businesses can learn anything from ‘the big boys’ and judges declared it to have provided very valuable benchmark, and that Nationwide Autocentre had “…taught us how to give customer care an MOT.”

12th March 2010/by Tyrepress Editors

Pro-Align Announces UK Arrival of Hunter CodeLink SAS Resetting Tool

As a provider of advanced wheel alignment systems to the UK market, Northamptonshire-based company Pro-Align stresses the advantage of cutting edge equipment from the point of view of both service quality and commercial opportunity. Its latest product from US garage equipment manufacturer Hunter – the Hunter CodeLink – fits this bill, both catering for models in the Audi, BMW, Lexus, Chevrolet, Mini, Toyota and Volkswagen ranges and anticipating the increase in popularity of Electronic Stability Control in new cars; a system that will become a requirement in all new cars from 2012.

3rd March 2010/by Tyrepress Editors

Denman Tire Weighs Up Closure Option

Financially troubled US producer of specialty tyres, Denman Tire Corporation, has indicated it may shut down its operations if alternative arrangements cannot be made. In a company statement, Denman restructuring advisor Richard Szekelyi said “the company has reached the difficult decision to begin reducing operations while we continue our efforts to secure financing and/or find a buyer. If these efforts are unsuccessful, there will be no other alternative but to close all of the operations.”

24th February 2010/by Tyrepress Editors

Pelmar Group Acquires Trelleborg Tyre/Rubber Machines

The Pelmar Group has bought some rubber mixing and industrial tyre-making equipment from Trelleborg former Hartville, Ohio factory. The list of purchased machinery includes two K7 mixing lines and solid tyre production machinery. Accoridng to Pelmar, with this acquisition the company has positioned itself as the largest supplier of pre-owned rubber machinery in the tyre and technical rubber industry after finalizing the purchase of Continental Semperit plant in Traiskirchen earlier this year.

22nd February 2010/by Tyrepress Editors

Yokohama Renews Sponsorship With Celtics, Spurs

As part of its 2010 marketing program, Yokohama Tire Corp. is sponsoring two of the NBA’s top teams – the Boston Celtics and San Antonio Spurs – for the third consecutive year, says Tire Review. “NBA basketball has enormous appeal in the US and globally,” said Shawn Denlein, Yokohama director of sales, consumer products, “and the championship-caliber Spurs and the Celtics are two of the league’s most popular teams. For Yokohama, the NBA is an excellent platform to showcase our world-class lineup of tyres, including ADVAN, S.drive, Parada, Geolandar, AVID – including the all-new AVID ENVigor – and the eco-friendly orange oil-infused dB Super E-spec. All the tie-ins we’re doing with the Spurs and Celtics will be slam dunks with our dealers and their customers in these markets.”

18th February 2010/by Tyrepress Editors

Davian Enterprises Buys Wyko Tire Technology

At the beginning of January 2010 Davian Enterprises LLC, a newly founded company, acquired Wyko Tire Technology. Wyko Tire Technology had previously been owned by Eriks NV, a Dutch company, and is based in the Dudley, UK, with further manufacturing facilities located in Greenback, Tennessee. Terms of the purchase have not been released.

3rd February 2010/by Tyrepress Editors

Klarius Buys Quinton Hazell

On the 2 February 2010, automotive aftermarket manufacturing and distribution business Klarius completed the purchase of the Quinton Hazell automotive group (QH) from US-based Affinia. Quinton Hazell is headquartered in Leicester, England, with strong manufacturing and distribution assets in France, Germany, Italy and Spain. The purchase brings a wide range of well known automotive aftermarket and OEM brands together, combining extensive manufacturing resources from both companies with global sales and distribution networks, boosting the group’s annual turnover to over £350 million. According to Klarius, further acquisitions, which should the group’s turnover pass half a billion euros, are planned.

3rd February 2010/by Tyrepress Editors

Kumho Delays Wages to Tyre and Industrial Employees

The financial plight of the Kumho Asiana Group is deepening as creditors defer liquidity provision while devising a turnaround plan for two of its affiliates, reports Tire Review. Kumho Tire could not pay wages to its employees for a second straight month, while Kumho Industrial became the second affiliate to announce it would be unable to send out salaries.

28th January 2010/by Tyrepress Editors