News articles on the tyre retail business
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.
Falcon and sister company Milltek are celebrating 30 years in business, with plans to commemorate the landmark in the companies’ marketing activities. Started by Phil Millington, who trained in one of UK’s first dedicated exhaust centres in 1970s Devon, both companies are still run by the founder. Making the move from retail to manufacturing suited Millington, and following the foundation of Falcon, the team grew, becoming one of the leading names in the Classic Car market.
Micheldever Tyres Service’s latest quarterly tread depth analysis shows that between March 2012 and March 2013 between 50 and 60 per cent of tyres taken off in depots were already below the 1.6 millimetre legal limit. A further 40 per cent were on or just above it and only around three per cent were above 2 millimetres. Flicking back to when the research began in June 2008 it is clear to see that that the situation has deteriorated markedly over the last four or five years. Back then only around 15 per cent of tyres brought into depots were already illegal. Now it is more than triple that.
The first employees are making themselves at home in Goodyear’s new global headquarters. According to the Akron Beacon Journal, around 200 employees from the tyre maker’s information technology and finance departments started work in the new US$120 million facility on 18 February. Eventually as many as 2,000 employees will work there.
A return to Australia’s V8 Supercars Championship awaits Bridgestone in 2013, with the tyre maker teaming up with Nissan Motorsport in a sponsorship deal that will see Bridgestone branding on the Jack Daniel's Racing Nissan Altimas of Todd and Rick Kelly. The arrangement begins in round one of this year’s series, which gets underway in Adelaide on 28 February. The Clipsal 500 event in Adelaide marks the return of Nissan to Australia's premier motorsport category after a 20-year hiatus, with Mercedes-Benz also joining the expanded series.
Dunlop’s motorcycle tyre management team in the US has been expanded by the appointment of Cary Budzinski as its new general manager of sales. Budzinski begins his new role with more than 26 years at Goodyear’s retail store and consumer business units behind him; most recently he served as general manager of dealer development for Goodyear’s Consumer business unit. In his new position, Budzinski will report to Mike Buckley, Senior vice-president sales/marketing & R&D. Reporting to Cary will be Scott Dewey, Phil Waters, Fred Hassen and the rest of Dunlop’s sales force.
Under a new partnership agreement, T. Hansen Gruppen A/S will take on responsibility for distributing the Westlake passenger car tyre range in Denmark. The Danish tyre, automotive spare part, rim and camping equipment specialist is one of the country’s largest consumer market suppliers and sells its products through online portals, mail order and nearly ninety retail outlets. The company employs approximately 700 people.
Venture capital firm MMC Ventures Ltd reports that it and UK-based fund manager Enterprise Ventures have invested £640,000 in Tyres on the Drive, a business MMC describes as a “fast-growing and innovative online mobile tyre fitting service.” The funds are intended to support the expansion of Tyres on the Drive from its current area of operation in the North West and parts of the West Midlands into Yorkshire and fully into the Midlands. The mobile tyre fitting service intends to open new depots in Wakefield and Birmingham as part of this expansion."
As the successor to a multi-test winning winter product, Nokian believes its new Hakkapeliitta R2 non-studded winter tyre exemplifies the company’s latest winter tyre innovations. Chief among these is the Nokian Cryo Crystal Concept compound, which has cystal-esque particles designed to “grab the icy driving surface” in order to improve grip. The cryo-silane based winter silica compound works across a wide temperature range, achieving better winter surface grip and improved wear resistance. It is also optimised for reduced rolling resistance.
One of the most recent graduates of Bridgestone’s “Tyre Genius” training course has been promoted to manager of Eden Tyre Sales’ (ETS) Ripley depot. The tyre manufacturer said Simon Rai, 26, demonstrates a wide range of core skills, as well as the ability to think on his feet, vindicating the decision to invest in his development.
Over the last five days Kwik Fit has sold more than five times the number of winter tyres than the same time last week, as drivers have taken heed of severe weather warnings and made advance preparations.
It has been quite a month for the forecasters. Not the weather forecasters mind you – although the winter weather that has sprinkled the UK and parts of Europe with a fresh dusting of snow will no doubt have kept them busy too – but rather the market forecasters. With ETRMA reporting that tyre unit sales fell off a cliff last year, Conti saying the market is likely to bottom out in 2013 and with other analysts predicting 2013 will be a good year for tyre retailers, what is on the horizon for the next 12 months?
At the tail end of 2012, Nokian Tyres plc has signed a co-operation agreement with the Wissol Group conglomerate to expand its Vianor retail chain into Georgia. With this agreement, Wissol Group’s 15 existing “AutoExpress” retail outlets will be re-branded as Vianor. In the future, the chain will also be further developed and expanded under the Vianor brand.
The cost of moving tyres and wheels between Asia and major European markets such as the UK should stabilise in 2013 after the wild fluctuations of 2012, according to the CEO of Suffolk based freight forwarding company Maritime Cargo Services, Rob Shelley. As shippers and shipping lines battled hard on this trade route in particular the cost of moving containers varied greatly over the course of the year, “making costing and budgeting in the tyre industry somewhat challenging,” Shelley says. As fewer goods were imported under economic austerity measures towards the end of 2012, shipping lines reduced capacity accordingly. But with global trade expected to creep upwards again in 2013, Shelley expects shipping rates to rise moderately as shippers control their expansion.
Bridgestone Corporation subsidiary Bridgestone Middle East & Africa FZE has opened a new multipurpose facility in Dubai. The centre, known as ‘Bridgestone Park’, is located in the Jebel Ali Free Zone and will be used for training company employees and distributors throughout the Middle East and Africa in the areas of sales and technical support for passenger, truck and bus tyres, along with training in the technical skills required in the manufacture of Bandag brand retreads. The 21,678 square metre facility also contains a passenger tyre retail shop that is intended to serve as a model for shops in the Middle East and Africa that handle passenger tyres and car maintenance, plus a truck and bus tyre service centre. At present 20 people are employed at Bridgestone Park.
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