Stamford shows Thailand and Vietnam-produced tyres in Cologne
Contract tyre supplier Firenza showcased five of the firm’s most popular ranges from car through to truck tyres.
Truck Tyres
Contract tyre supplier Firenza showcased five of the firm’s most popular ranges from car through to truck tyres.
Clear International has just issued its latest forecast for the West European Trailer Market, which suggests that trailer registrations between 2017 and 2021 will grow at a faster five-year period than any other on record.
Since the last report there has been a further improvement in the short term outlook for some West European economies. As a consequence, the forecast of a slowdown in demand for trailers in the region during 2018 has changed.
Vacu-Lug has become the new retread manufacturing partner for Hankook in the UK. The company signalled its new status by including the manufacturer’s Alphatread retreading brand on its stand at the Commercial Vehicle Show (24-26 April, Birmingham NEC), coinciding with the beginning of production of the Alphatread bead-to-bead retread truck tyre range at the Vacu-Lug factory in Grantham.
Vacu-Lug has begun production of Hankook’s Alphatread truck tyre range at its factory in Grantham, Lincolnshire. The bead-to-bead retread tyre range is designed for medium haul fleets, and consists of four sizes. For drive axles, the R-DH05 is available in 295/80R22.5, 315/80R22.5 and 315/70R22.5 and for trailer axles, the R-TH22 is available in 385/65R22.5.
Bridgestone Corp. is investing 24 million euros ($28.2 million) in order to produce a new line of 24-inch radial truck tyres suited for on- and off-road applications at its Puente San Miguel, Spain, factory.
At the end of April the UK’s second largest supermarket Sainsbury’s announced that it is merging with the Walmart-owned Asda supermarket. The goal? To push first-placed Tesco off the top-spot and to give the newly combined chain better access to different geographic areas and consumers. Strange as it may seem at first glance, this story can be read across to the tyre market in general and the truck tyre segment in particular (click here for complete coverage on developments associated with the recently initiated European anti-Chinese truck tyre import tariffs).
Apollo Vredestein’s UK subsidiary has chosen Treadsetters to handle the sale and distribution of its Apollo truck and bus tyre range across England, Scotland and Wales. Apollo’s debut in Europe’s competitive TBR tyre segment was barely one year ago. The new distribution arrangement represents a change in strategy; the manufacturer had initially said the brand would be available directly from Apollo through an e-commerce system. Apollo Vredestein states the decision to partner with Treadsetters will aid in achieving the tyre manufacturer’s strategy of rapid TBR growth by combining its product range with a highly efficient and experienced distribution partner in the UK.
Giti Tire has given its first indication of the measures it is taking to shore up its European position in light of the EU tariffs introduced on commercial vehicle tyre produced in China. Presenting two of its most popular tyres, including the Giti GTR955 Combi Road, with “Made in Indonesia” highlighted on their sidewalls, the manufacturer is showing it is capable of shifting European truck tyre production to its Tangerang manufacturing complex in Jakarta, following a development completed in late 2016.
Following statements from Aeolus suggesting “Aeolus moves production to Egypt and/or Turkey“, Prometeon Tyre Group has announced that the project to transfer the production of tyres in the production plants of Prometeon Tyre Group, “is still under initial assessment by the two groups, as it is part of the broader integration project of the two companies”.
South Korea-based tyre manufacturer Hankook, which is a leading player in the UK truck tyre market in terms of unit volumes, has stated that it is not affected by the recently introduced European anti-Chinese truck tyre import tariffs. Commenting as part of a statement on the company’s current and ongoing exhibition plans, Tony Lee, Hankook Tire Europe vice president for marketing and sales said:
Aeolus Tyre Co., Ltd. has emphasised its continued commitment to European markets. In a statement, the Chinese tyre maker describes its progress with the Aeolus brand within Europe as a “remarkable” achievement and stresses that the “unique position” it has claimed within the market will continue despite the introduction of anti-dumping duties. To facilitate this, some Aeolus tyre production will be relocated outside of China.
The new range of Pirelli agricultural tyres and the latest Pirelli truck products will be on display at the Prometeon Tyre Group stand at next week’s The Tire Cologne. These can be found at Stand C48/D49 in Hall 7.
Prometeon Tyre Group’s recent appointment of Kirkby Tyres as its official wholesale partner for Pirelli truck & bus product is “a landmark in Kirkby’s history as with this agreement, this is Kirkby’s first appointment as a national distributor of a major tier-1 tyre brand”, according to Dave Dorrity, managing director of Kirkby Tyres.
The latest data from market analysis specialists GfK suggests that the market is predominantly made up of regional usage 22.5-inch tyres – a trend that is increasing year-on-year. Here Tyres & Accessories takes a look at the latest market data from a number of sources in order to give an overview of current trends. This article focuses on data provided by GfK, but – owing to the fact that it is current hot topic – also analyses different estimates about how many tyres are made in China, something that is outside the scope of the data provided by GfK and therefore our conclusions on this point are something quite separate to GfK’s input.
It is clear that European anti-truck tyre tariffs are already having marked impact on the shape of the market. This is putting pressure on affected importers and manufacturers alike, but – as we have seen elsewhere in this feature – it could also lead to price increases and product shortages. Here Tyres & Accessories takes a closer look at the issue and what is being done in response based on contributions of industry associations such as the NTDA and ITMA as well as key industry figures.
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