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NTA Satisfied With Customer Research

National Tyres & Autocare (NTA), has today announced the results of its ongoing customer satisfaction survey. Of the 20,000 comment cards received from customers over the last 12 months, 91 per cent described the service provided by National as ‘Exceptional or ‘Above Average’’ claims the company.

The research also revealed that 98 per cent of customers would use National again. Comment cards are collected from all 208 National Tyres & Autocare branches in the United Kingdom explains NTA, so that the company can monitor customer satisfaction on a regular basis.

25th May 2005/by Tyrepress Editors

SMMT Appoint New President

Roger Putnam, chairman of Ford of Britain, is to take up the position as president of the SMMT. He succeeds Tod Evans, former chairman, Peugeot Citroën Automobiles UK Ltd, in leading the motor industry trade association for the 12 months from June 2005.

Commenting on the announcement, Roger Putnam said: “I am proud and honoured to become SMMT president for 2005-06. The industry faces some significant challenges in balancing the needs of its customers, in coping with regulatory pressures, and in dealing with a challenging manufacturing environment. I want to play my part in ensuring that issues like skills, R&D and productivity are given the profile they deserve.”

20th May 2005/by Tyrepress Editors

New Tyre Recycling Report

Research and Markets Ltd (Dublin) has published a new report on the subject of tyre recycling. The report provides an overview of the tyre recycling business summarising current practices and the factors that have contributed to its growth. There are around 1 billion tyres produced each year across the globe. It is estimated that for every tyre sold another joins the waste stream. There are some simple options such as retreading or shipping to countries with less stringent tread requirements, but this does not solve the problem.

The new report focuses on the EU but cites US based research. The report’s author, Dr Schulman has incorporated statistics from the EU markets, which illustrate changes in the industry since the inception of the European Tyre Recycling Association a decade ago. The report can be ordered online at www.researchandmarkets.com/reports/c16740 for 136 euros.

5th May 2005/by Tyrepress Editors

Continental Aims For Record Targets

Releasing its first quarter 2005 results, Continental’s management reaffirmed the company’s desire to achieve ambitious targets. During the first quarter, consolidated sales rose by 8.9 per cent to 3,253.1 million euros, with newly acquired Phoenix contributing 237.7 million euros.

At the same time EBIT increased by 9.5 per cent to 281.7 million euros, according to the company. Phoenix is reported to have generated an operating result of 11.3 million euros. Consolidated earnings climbed to 167 million euros, representing a 24.8 per cent increase. Earnings per share rose to 1.15 euros.

4th May 2005/by Tyrepress Editors

Smithers Chairman Herman Hochschwender Dies

Herman Karl Hochschwender, chairman of Smithers Scientific Services, passed away Thursday, 28 April 2005 in Naples, Flrorida. He was 85.

Born in Heidelberg, Germany, on 1 March 1920, Mr Hochschwender moved to the US in 1930. In 1944 he settled in Akron, Ohio where he lived most of his life. He earned a Bachelor of Science degree from Yale University in 1941, and did post-graduate work at Harvard Business School.

3rd May 2005/by Tyrepress Editors

Cambridge-MIT Institute publishes ‘Who killed MG Rover’ Report

The Cambridge-MIT Institute’s Centre for Competitiveness and Innovation (CCI), at the University of Cambridge has published a 33-page report investigating the final collapse of the MG-Rover in April 2005. Report authors Dr Matthias Holweg and Professor Nick Oliver investigate the final collapse of MG-Rover in April 2005, and address two main questions. First, what were the reasons for the final collapse, and was this avoidable? Second, who or what was responsible for the circumstances that put MG Rover in such a precarious position, and what critical choices sealed the fate of Rover?

29th April 2005/by Tyrepress Editors

BACRT’s Bohm Plans Retirement

(Akron/Tire Review) Dr Georg Bohm, vice president of research for Bridgestone Americas’ Centre for Research and Technology (BACRT) has announced plans to retire as of 1 May. Dr Hiroshi Mouri, BACRT president, will assume Dr Bohm’s responsibilities at BACRT.

27th April 2005/by Tyrepress Editors

Bridgestone e-Reporter Finalists

Following the San Marino Grand Prix last weeked, Bridgestone has announced thenames of the seven finalists of its e-reporter competition. The pan-European contest for aspiring young journalists has received an “overwhelming” response from students across Europe, according to Bridgestone.

27th April 2005/by Tyrepress Editors

Nokia Proposes Edouard Michelin to Board

The Governance and Nomination Committee of international mobile phone giant Nokia has proposed Edouard Michelin, managing partner and CEO of Michelin Group, to be elected to the Nokia Board for a one-year term.

Edouard Michelin joined Michelin 1985 and has since held different managerial positions within research, manufacturing, marketing and sales. Between 1990 and 1993 he headed the Michelin manufacturing facilities in North America and the truck tyre product line. He is a Michelin managing partner and has been CEO of Michelin Group since 1999.

8th April 2005/by Tyrepress Editors

Kwik-Fit Criticised for Prices

A recent survey conducted by the Sunday Times has shown Kwik-Fit to be one of the most expensive tyre fitting chains in the UK. The publication’s research found the company charged up to 120 per cent more for certain types of tyre than outlets in the same area.

31st March 2005/by Tyrepress Editors

Big Three Regaining Ground in Canada

(Toronto/Tire Review) Canadian Press reports that the Big Three automakers – Ford, GM and DaimlerChrysler – continue to lose market share in the United States but are regaining ground in Canada. US sales by the Big Three have declined by six per cent so far this year, reducing their market share to 59 per cent – the fifth consecutive month below 60 per cent – said the report released Monday, citing research by Scotiabank.

Meanwhile, the Big Three led the way in Canada last month, with volumes advancing 16 per cent year-over-year – the best performance in more than five years.

30th March 2005/by Tyrepress Editors

A New Wheel is Born

(Brisbane/ATD) Just when markets around the world are complaining of being over crowded with suppliers, some companies are arriving on the scene with a difference approach. In Australia, King Wheels PTY Ltd is one such company.

14th March 2005/by Tyrepress Editors

Replacement Van Tyres Report

The latest report to come from Research and Markets Ltd analyses the replacement van tyres industry.

The ‘Replacement Van Tyres Global Industry Guide,’ available now, includes information on market size and segmentation, textual analysis of the key trends and competitive landscape, and profiles of the leading companies.

9th March 2005/by Tyrepress Editors

Michelin Worries About Raw Material Prices

During last week’s Geneva Motor show Michelin is reported to have said that the situation surrounding raw materials is “very worrying” and rising prices will continue to place severe pressure on the company during 2005.

“This year, the environment for raw materials remains tense, which is causing strong pressure on prices, and as a consequence on our costs,” said research and development director Didier Miraton in Geneva.
“There is no situation of us having a shortage but the tension is very worrying,” he added.

Michelin has decided to raise prices by an average of five per cent in Europe until July 2005 to offset increased raw material costs. Miraton said he expected the situation to continue as mobility needs in Asia would drive demand, stressing that there was “a need to find ways to make better use of raw materials”.

7th March 2005/by Tyrepress Editors

Goodyear’s Year Ahead in Poland

Goodyear is expecting Eastern European business to flourish this year, due to an increase of around 670,000 in Poland’s vehicle numbers, reports the Warsaw Business Journal.

7th March 2005/by Tyrepress Editors