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Canada: Kal Tire acquires GCR operations from Bridgestone

Kal Tire and Bridgestone Canada have reached an agreement for Kal Tire to purchase 15 full-service GCR Tires & Service (GCR) outlets, two retreading plants and one off-the-road tyre repair shop from Bridgestone. The purchase of these locations will enable Kal Tire to serve more consumer, commercial and mining customers in the Canadian markets where it currently operates, as well as expand its footprint to include locations in eastern Canada.

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Related news:

  1. Independent Thinking – Bridgestone UK’s retail strategy
  2. Bridgestone appoints Marko Ibrahim to head USA retail business
  3. Bridgestone opens Canada distribution centre
  4. Bridgestone Americas expands leadership roles
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Bicester garage Grip Tyres joins First Stop network

One of Bicester’s oldest and most popular tyre centres has become the latest independent garage to join the First Stop network. The Victoria Road garage is benefitting from new signage, marketing and social media support, and a broader range of premium tyres already in place. It has also added an MOT station and the latest vehicle diagnostic equipment, worth thousands of pounds. Grip Tyres has provided tyre services to the town’s motorists for around 27 years. First Stop said its popularity in the community was a compelling factor behind the network’s initial approach.

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Related news:

  1. First Stop appoints Bentley as retail business consultant
  2. Bridgestone to acquire Speedy France retail network
  3. First Stop partners with world’s fastest Shed
  4. The Auto Workshop joins First Stop, rebrands as flagship centre
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40 years of Eden Tyres & Servicing

Eden Tyres & Servicing turns 40 this year, and in contrast to many people who reach this milestone, the company has never been in better shape. When Tyres & Accessories first published its UK tyre retail network ranking back in 2011, Eden Tyres operated just seven outlets. This number had grown to 18 by the time we published the ‘leading 25 UK tyre retail chains 2021’ table last month. A 19th outlet is due to open its doors before the year is out, and several more are in planning.

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Related news:

  1. Hawleys is the Oldest Tyre Dealer in the UK
  2. Grouptyre member Kenway Tyres celebrates 30 year anniversary
  3. Kumho signs 3-year Micheldever contract
  4. Milestone to one side as Saracens Tyres sticks to customer-first approach
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50 years of Kwik Fit

Tomorrow marks the 50th anniversary of a brand that launched an entire automotive sector and today is familiar to every motorist up and down the land. On 16 April 1971 in McDonald Road, Edinburgh, the first ever Kwik Fit centre opened its garage doors to motorists, offering the new concept of ‘fast fit’ services, replacing components while drivers waited.

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Related news:

  1. UK tyre retailers continue right-sizing
  2. Bridgestone dismisses 500 tyre retail branch acquisition reports
  3. Micheldever/Protyre moves up to fourth, Lodge Tyres jumps in retail rankings
  4. McConechy’s Tyre Service Ltd sold to Halfords for £8.5 million
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Bridgestone appoints Marko Ibrahim to head USA retail business

Marko Ibrahim is the new president of Bridgestone Retail Operations (BSRO), the Bridgestone Americas subsidiary responsible for operating a network of more than 2,200 tyre and vehicle service centres across the United States of America. He succeeds Joe Venezia, who led the organisation since 2017 and has stepped down to pursue a leadership role outside of Bridgestone.

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Related news:

  1. Ex-Bridgestone Helton to lead TBC’s Midas
  2. Bridgestone Vet Joins DSP 20 Group
  3. Bridgestone Retail Highlights 2009 Growth
  4. Bridgestone rebranding, closing ‘Expert’ retail outlets in US
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First Stop completes British support team

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The First Stop network has completed its support team for new and existing partners with the recruitment of two further retail business consultants. The First Stop area map for Britain is now fully populated with the appointments of Nick Salt (Northern England and Scotland) and Shaun Sweeney (South West England and South Wales).

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Related news:

  1. First Stop appoints Bentley as retail business consultant
  2. First Stop appoints retail business consultant
  3. First Stop names Mark Widdows as retail manager
  4. First Stop renovations begin with Halesowen facelift
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Restructuring expert joins Delticom Management Board

Online tyre and wheel retailer Delticom AG has appointed Dr Harald Blania to its Management Board. He became a board member on 14 August and will serve a fixed-term that expires at the end of 28 February 2021.

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Related news:

  1. Mytyres.co.uk Updates Site Design
  2. New warehouse to keep Delticom ‘agile’
  3. Michelin Auto Professional annual conference explores online opportunities
  4. Delticom restructuring – will an investor save the day?
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Point S partner acquires Nokian’s Vianor US operation

Nokian Tyres has sold its Vianor US business to Oregon-based Point S member Gills Point S Tire. The transaction covers ten Vianor service centres, with all current Vianor US service centre employees will be taken on by Gills Point S Tire & Auto Service.

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Related news:

  1. US wholesaler expands in Canada
  2. ATD pays up to $365 million for Terry’s Tire Town
  3. Purchase Completes Vianor Chain In Sweden
  4. Vianor Expands into New Hampshire
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ATU closing up to 45 outlets in Germany

NRZ/Christian Marx

German tyre retailer and fast fit network ATU has announced plans to close up to 45 of its least profitable outlets. It says this culling of the weak is being carried out as a means of “strengthening the entire company.”

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Related news:

  1. Lidl dips toe in tyre retail water
  2. Germany’s Top Service Team to lose 100+ outlets
  3. Mobivia Groupe to acquire ATU
  4. Will rent price discord torpedo A.T.U. acquisition?
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New CEO for US tyre retail giant Discount Tire

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The world’s largest independent retailer of tyres and wheels has a new chief executive officer. US-based company Discount Tire has promoted Dean Muglia to the role. He succeeds Michael Zuieback, who will retain the role of executive chairman.

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Related news:

  1. Discount Tire opens 1,000th branch
  2. Point S partner acquires Nokian’s Vianor US operation
  3. Ex-Bridgestone Helton to lead TBC’s Midas
  4. Will tyre dealers stay open in a lockdown?
/by

3 new Michelin Auto Professional centres in Scotland

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Michelin has added three new Michelin Auto Professional (MAP) centres in Scotland. Abbotsinch Tyres & Exhausts, in Kilmarnock, Skidz, in Falkirk, and Stewartry Tyres Newton Stewart, based on the Creeside Industrial Estate in Newton Stewart, have all been added to the network. MAP advocate dealerships get access to free on-site staff training and participation in Michelin’s mystery shopper programme, among other advantages. Michelin will also audit the centres’ digital presence while imparting advice on maximising all online opportunities; MAPS can also access TyreAssist for their customers, protecting new Michelin or BFGoodrich tyres purchased with free 24/7 roadside assistance.

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Related news:

  1. Michelin Auto Professional annual conference explores online opportunities
  2. Two new dealers join Trelleborg Professional Centre tyre network
  3. Guildford Tyre Company enjoys 35% boost in Michelin sales following dealer pilot
  4. Michelin launches bespoke training offer to support dealer partners
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Apollo Tyres opens first truck tyre centre in Thailand

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Apollo Tyres has extended its Apollo Truck Tyre Zone (ATTZ) fleet service concept to Thailand. The first ATTZ outlet, a collaboration between Apollo and local partner Ten Ten Auto Tyres has opened in Hat Yai District, Songkhla Province and is equipped to provide a range of services such as wheel alignment for trucks and cars, tyre changing and wheel balancing.

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Related news:

  1. Apollo Tyres aiming for “dominance” in India’s TBR segment
  2. ZC Rubber expanding PCR capacity to meet growing domestic demand
  3. Apollo opens first Sri Lanka retail outlet
  4. Goodyear Dunlop Regaining Lost UK Truck Tyre Market Share
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Delticom reports stable profits for H1 2019

Delticom AG has managed to maintain its gross profit level in the first half of the year despite a slight decrease in sales compared with the prior-year period. Revenues amounted to 285 million euros in the six months to 30 June 2019, 2.1 per cent less year-on-year. Gross profit was 76.9 million euros, nearly unchanged compared to the previous year; stable profits and lower sales meant that the gross margin slightly grew to 21.9 per cent (H1 2018: 21.7%).

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Related news:

  1. Virtual Margins in the online tyre business
  2. National Tyres to Sell Tyres on eBay
  3. Delticom Acquires Asian Retail Portal
  4. 20% of tyres in Europe will be sold online by 2020
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National Tyres and Autocare adds vehicle servicing to portfolio

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National Tyres and Autocare has begun offering vehicle servicing at selected outlets. It offers three vehicle servicing packages, starting with a 25-point Express Service and going up to a full 51-point Full Service.

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Related news:

  1. Halfords Buys Nationwide Autocentres for £73.2 million
  2. Nationwide Autocentre Purchase Brings Halfords Full Circle
  3. UK tyre retailers continue right-sizing
  4. Halfords Aims to Add 200 Nationwide Branches, Double EBIT
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Kumho, Nexen fined for restricting tyre resale prices

The Korea Fair Trade Commission (KFTC) announced today that it has fined Kumho Tire and Nexen Tire for forcing South Korean retailers to sell tyres at or above specific set prices.

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Related news:

  1. The Market is Ripe for Korean Tyre Makers
  2. No extension for Kumho Tire receivership deadline
  3. Kumho the strongest ‘local’ in South Korea’s aftermarket
  4. Nexen Tire resumes production after short coronavirus pause
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