retail Archives - Page 20 of 125 - Tyrepress

News articles on the tyre retail business

Posts

Dunlop unveils soft compound tyre as BTCC launches with capacity grid

The Dunlop MSA British Touring Car Championship has launched its 2013 season at Donington Park with a full to capacity, record grid of 32 cars from 18 teams. 26 of these will be next generation touring car specification, while the remaining six S2000 cars will compete for the Jack Sears Trophy. The home broadcaster of the BTCC, ITV announced that its support would continue to at least 2017, with more than 230 hours of coverage planned for 2013 across ITV and ITV4, on which live coverage will be broadcast. Tyre supplier Dunlop introduced its tyre range for the championship, with the most notable change from the 2012 season being the introduction of a soft compound slick. Dunlop representatives told Tyrepress.com that the change in tyre regulations would help the brand “to converse about tyre characteristics”, giving a fillip to its overall marketing profile.

22nd March 2013/12,345 Comments/by Tyrepress Editors

Russia remains a Nokian strength

Nokian Tyres has released its 2012 annual report, and the Finnish manufacturer reports a 10.7 growth in net sales to 1.61 billion euros, 9.2 per cent rise in operating profit to 415.0 million euros and a 7.1 per cent increase in profit to 330.9 million euros. Russia proved a regional strength during the year and demand for Nokian’s passenger car tyres increased there, while demand “decreased clearly” in Central Europe. Combined output of the company’s plants in Nokia, Finland and Vsevolozhsk, Russia in 2012 was 15.7 million tyres, and the annualised capacity at year-end was 18 million pieces.

21st March 2013/12,345 Comments/by Tyrepress Editors

Fuel duty binned, and other budget highlights

Chancellor of the Exchequer George Osborne has delivered the latest UK budget including the cancellation of planned fuel duty increases. Other key points include confirmation that the income tax threshold will be raised to £10,000 by next year and the first £2000 will be taken off all employers’ National Insurance bills. Growth is forecast to be 0.6 per cent this year, with £3 billion promised for infrastructure investment as a way of improving this. Beer duty will be cut by 1p a pint.

20th March 2013/12,345 Comments/by Tyrepress Editors

SEMA appoints Spagnola as vice president

SEMA has appointed Mike Spagnola into the newly created position of vice president, OEM and product development programs. The move, which is effective immediately, see Spagnola bring with him 40 years of specialty auto parts experience, including more than 20 years of product development and project vehicle work.

20th March 2013/12,345 Comments/by Tyrepress Editors

Micheldever praises Motor Codes shortlisting

Micheldever’s retail director has called the shortlisting of four Micheldever/Protyre tyre centres in the annual Motor Codes Garage of the Year competition as a “fantastic achievement.” The entries represent the largest number of finalists from an independent tyre centre group; the Micheldever locations shortlisted in the independent garages category are Micheldever Station (near Winchester), Harris Brothers (near Swansea), Thistlewaites Tyres (Bolton), and Barry and Wilkinson (Winsford, Cheshire).

20th March 2013/12,345 Comments/by Tyrepress Editors

Moody's downgrades ATU’s corporate family rating

Moody's Investors Service has downgraded the corporate family rating of Germany’s A.T.U. Auto-Teile-Unger Investment GmbH & Co. KG from Caa1 to Caa2 and the company’s probability of default rating from Caa1-PD to Caa2-PD, while affirming the Caa3 rating of the issuer's 143 million euro senior subordinated floating rate notes. At the same time, Moody's has downgraded the 75 million euro senior secured floating rate notes issued by ATU from B3 to Caa1. The outlook on all the existing ratings has been changed to negative from stable.

18th March 2013/12,345 Comments/by Tyrepress Editors

February motorcycle sales slump

The latest new motorcycle and scooter figures show February sales overall were down 4.6 per cent compared with the same month last year. Under 50cc scooter sales were down 6.1 per cent in September, while all over 50cc motorcycle sales have decreased by 4.2 per cent.

14th March 2013/12,345 Comments/by Tyrepress Editors

Pirelli introduces new North America dealer programme

Pirelli Tire North America has launched a new associate dealer programme. It is known as FasTrack, and Tire Review reports that dealers and their sales teams can earn rewards on all eligible Pirelli tyres sold at retail. Those enrolled also will be provided access to Pirelli’s exclusive online training network.

13th March 2013/12,345 Comments/by Tyrepress Editors

GiTi Tire introduces new HR director – Europe

Giti Tire has announced the appointment of Dr Gabriele Bosselmann to the newly created position of HR director – Europe. Dr Bosselmann will join the EU leadership team and be responsible for HR policies, processes and procedures, as well as hold a key role in the development of business plans and objectives.

11th March 2013/12,345 Comments/by Tyrepress Editors

Italmatic signs Americas sales and support agreement

Tesco of America – no relation to the UK-based retail giant – has signed an exclusive service parts, support and sales agreement with Italmatic. Under the agreement, Tesco of America will serve as representative for the Italian firm’s truck, OTR and passenger car tyre retreading equipment in the US, Central America, South America and the Caribbean regions.

11th March 2013/12,345 Comments/by Tyrepress Editors

Toyo enters Malaysian fast-fit market as part of ‘aggressive’ retail strategy

Toyo Tire & Rubber has entered the franchise retail service centre business in Malaysia through its local subsidiary, Toyo Tyre Malaysia Sdn Bhd. The first Toyo Premium Auto Centre in the country recently opened in Malacca; Toyo says its Malaysian subsidiary is “pursuing an aggressive retail marketing strategy to expand its distribution network nationwide to meet the increasing demand for high performance and ultra high performance tyres.”

11th March 2013/12,345 Comments/by Tyrepress Editors

BMTR presented with PPC award

Pirelli UK has formally presented BMTR with its annual Performance Centre of the Year Award at a presentation at its flagship outlet. The presentation took place on Tuesday 26 February at BMTR’s Perry Barr, Birmingham outlet following a tour of the depot and warehouse. In attendance at the presentation was Pirelli UK managing director, Dominic Sandivasci, as well as Pirelli UK’s marketing and sales directors, Wayne Nickless and Jason Sugden.

6th March 2013/12,345 Comments/by Tyrepress Editors

Unlucky 13 for new car sales?

Fears that UK motorists will steer clear of this month's '13' registration plate for new cars are unfounded, say CAP – the car information experts. Nor does the company believe superstitious motorists will cause increased depreciation via reduced demand for 13 plate cars by avoiding them in the future used car market.

5th March 2013/12,345 Comments/by Tyrepress Editors

Ancillary garage services offer alternative income streams in tough times

After a double-dip recession in the UK last year and with widespread financial turmoil across Europe, no-one is denying that these are tough times for garages, autocentres and tyre specialists. And in tough times you need options. So this month we are taking a look at the role that non-tyre services play in the tyre business and asking what they offer garages. For the purposes of this feature we are lumping together everything that is not a tyre and calling it all “ancillary garage services”. Everything that’s not a tyre is probably a clearer definition, but this offers a clear category for all the products that aren’t our beloved round black circles.

5th March 2013/12,345 Comments/by Tyrepress Editors

Marangoni buoyed by retreading, machinery businesses

During a management meeting in late February, Marangoni CEO Massimo De Alessandri discussed the company’s recent performance. In terms of the economy, he described last year as a “very tough year in Europe and above all in Italy.” Despite these conditions, he reported a rise in profitability for the Marangoni group thanks to the performance of its core retreading and tyre industry machinery businesses.

5th March 2013/12,345 Comments/by Tyrepress Editors