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Looking forward to recovery – be it L, U or V-shaped

Anna; Pexels

Last month this column considered the range of 2020 market projections that existed. In short, as the column concluded, the consensus is that tyre demand will decline somewhere between 15 and 26 per cent during the course of this year. However, such a conclusion may also be on the conservative side. Certainly, when you talk with tyre wholesalers and distributors on the ground, some of those that didn’t opt to close their doors for a few weeks experienced even more marked declines in the short-term. Reports of tyre shops running on demand 70 to 75 per cent less than pre-lockdown levels are not uncommon. And yet, as lockdown eases across various UK and European markets – as well as beyond – the focus is quite rightly shifting to recovery.

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Related news:

  1. The tyre business is keeping countries rolling
  2. Tyre demand declining 15 to 26 per cent in 2020
  3. SD International: Zeta, Pace and Toledo brands still available
  4. More than half of UK garages closed, similar figures across Europe
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ETRMA joins auto associations in call to ‘save jobs while reducing emissions’

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European automotive business organisations and trade unions have called on the European Commission to set out a “bold industrial recovery plan” following the Covid-19 pandemic. IndustriAll Europe, Ceemet, ACEA, CLEPA, CECRA, and ETRMA want a plan to stimulate sales and revive production, while supporting the industry’s “journey towards a carbon-neutral future, based on the Green Deal and Europe’s climate objectives.” The associations want to address fears that the recession will dwarf the effects of the 2008 financial crisis, in which it says 440,000 auto sector jobs were lost.

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Related news:

  1. Automotive associations unveil C-19 action plan
  2. ETRMA call for end of EU-South Korea trade barriers
  3. ETRMA data confirms steep drop in replacement tyre sales
  4. GEAR 2030: ETRMA urges Europe to work towards achieving “true fairness” in markets
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Toyota aims for 100 per cent battery recovery

The hybrid batteries used in Toyota and Lexus models can last longer the vehicles themselves, so often they are only recovered when the cars reach the end of their useful life, or if they have been involved in an accident. Toyota already has a battery collection rate of more than 90 per cent, but is now widening its strategy and targeting a 100 per cent result.

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Related news:

  1. Conti Begins Series Production of Hybrid Vehicle Batteries
  2. UK-funded project leads to a better EV battery
  3. Electric vehicle project to drive battery revenues to US$61billion by 2020
  4. US lab advocates tyre pyrolysis to supply EV batteries
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TRA: WISH waste tyre storage proposals ’arrogant’ and ‘counter intuitive’

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Proposals by the ESA-led ‘WISH’ group have been branded counter-intuitive and arrogant by Britain’s Tyre Recovery Association (TRA) whose members handle more than three quarters of the country’s end-of-life tyre arisings. Commenting further on the proposals, TRA secretary general Peter Taylor OBE called the impression given by WISH that its consultation document was the result of wide ranging consultation to be wholly disingenuous.

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Related news:

  1. Regulation changes approach as TRA, tyre associations issue rallying cry
  2. TRA: EA’s Fire Prevention Plan could promote unregulated business, increase fire risk
  3. TRA Recycling Day 2016 pursues professional collective approach
  4. TRA: Environment Agency plans “will decimate tyre recycling business”
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