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.
News articles on the tyre retail business
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First Stop appoints retail business consultant
The First Stop network has appointed Brenden Marais as south region retail business consultant. Marais previously held roles at Euro Car Parts (general manager and operations manager over the past six years) and The Parts Alliance (account manager).
ECP opens new regional hub, branches
Euro Car Parts has added a new regional hub to its UK network as well as two additional branches.
General Tire specialist Hot Lane Tyres sponsors Port Vale’s James Gibbons
Stoke-on-Trent’s Hot Lane Tyres, a family run business owned by Russ Cartwright, has announced its sponsorship of promising Port Vale FC full back James Gibbons. The sponsorship is part of Hot Lane Tyres planned marketing programme for 2018 and beyond.
£200 million acquisition expands Continental’s tyre sales network in Australia
Continental is set to gain a sizeable retail presence in Australia through its acquisition of acquire Kmart Tyre and Auto Service (KTAS), one of the country’s largest tyre and auto service suppliers. The company says the purchase of KTAS from Wesfarmers Limited for AU$350 million (£199.8 million) will “greatly reinforce” its tyre dealership network in Australia.
Two new dealers join Trelleborg Professional Centre tyre network
Trelleborg has recruited two new dealer groups to its Trelleborg Professional Centre (TPC) network of top-class, high-quality agricultural tyre dealers in the UK. British Rubber Company (BRC) based in Shipley, Yorkshire and Woodton Tyres, based in Turiff, Aberdeenshire, have joined the network.
Staffordshire Falken Tyre specialist welcomes SRI representatives
An award-winning AA accredited automotive centre in Cheadle, Staffordshire and Falken Tyres specialist dealer, AA Silencers has hosted an official UK visit from sixth largest global tyre manufacturer Sumitomo Rubber Industries Ltd (SRI), parent company of Falken. The SRI delegation visited the centre as part of an official UK trip with Micheldever Tyre Services. The visit included a tour of their premises, a meet and greet with staff, and the opportunity to discuss the impact the Falken brand has had upon AA Silencers business and their growing customer base.
New CEO at A.T.U.
A change at the top has been announced at A.T.U., the European automotive services provider that Michelin acquired a 20 per cent share in earlier this year. After serving as chief executive officer for the past three years, Jörn Werner is stepping out of the company’s operative business and has become chairman of the company’s Supervisory Board. He succeeds Fabien Derville, who is president of majority shareholder, Mobivia Groupe.
Geoffrey Harris Tyres joins BFGoodrich Off-Road network
Cornwall-based Geoffrey Harris Tyres has become the latest independent tyre dealer to join BFGoodrich’s UK Off-Road Centre network. The Liskeard retailer is already reaping the benefits of the partnership, bolstering the centre’s all-terrain expertise and its widespread reputation for being the go-to place for 4×4 tyres across Cornwall and Devon.
STS Tyre Pros Chester earns Pirelli Performance Centre hat-trick
Pirelli has named STS Tyre Pros Chester as its Performance Centre of the Year for the third year in a row. Each year, one of the network of 120 Pirelli Performance Centres is named PPC of the Year, after the top performing centres in the technical audit have a video mystery shop exercise and scored by an independent assessor.
Point S growing in SE Asia, opens flagship centre
Point S has opened what it calls its flagship retail outlet for the Southeast Asia region. The centre in Petaling Jaya is the tyre retailing group’s third branded site in Malaysia – Point S entered the country with the opening of its first retail centre there last October. The 20,000 square foot (1,850 square metre facility) has eight service bays, a showroom featuring a Pirelli Performance Centre and BFGoodrich corner, and the site will also act as a terminal for car rental company Gocar Malaysia as well as for Uber competitor Grab Malaysia.
Micheldever to supply Sumitomo brand tyres, marks a year since change of ownership
As we go to print on the December issue of Tyres & Accessories, Micheldever Group is marking a year since Sumitomo Rubber Industries, manufacturer of Falken Tyres for which MTS is UK distributor, bought the UK tyre distributor from previous owner Graphite Capital Management. While the sale was not unexpected, the identity of the new owner may have been somewhat surprising, though SRI’s investment in Falken Tyre Europe following the late-2015 dissolution of its alliance agreement with Goodyear makes the acquisition of a leading distributor a logical move. For Micheldever’s board, SRI was said to be an attractive new owner, with the presumption that it would offer offering longevity, stability, and consistency; as a large, well-established, high quality top-six tyre manufacturer seeking to broaden its knowledge of UK distribution with an already successful business.
Three new HiQ centres open their doors
The HiQ network has grown this month with the addition of three new centres – HiQ Oxford, HiQ Cardiff and HiQ Witney – on 1 December.
MRF Tyres adopts 42Gears retail tablet suit
MRF Tyres has selected 42Gears EMM Solution to provide secure access to MRF product application on the tablets in the exclusive stores. 42Gears solution allows MRF to remotely manage the MRF application and push app updates. Further, the digital signage solution enhances customer engagement by turning the Lenovo tabs into kiosks during idle time.
Point S opens 500th outlet in France
Independent tyre dealer group Point S has opened its 500th point-of-sale in France, and Point S France is planning for further growth by the end of the year. The aim by the end of 2017 is to have 520 locations within the country.
