Industrial tyre manufacturer Atire reports that its range of solid tyres has been certified carbon-neutral. Indeed, according to Atire, the tyremaker is “the first company in the world to launch a carbon-neutral solid tyre range.”
Following their launch in Egypt at the beginning of May 2024 and their UK debut at the end of May, Prometeon Tyre Group has started producing Prometeon-branded tyres for the UK, European and Turkish markets. On 4 October 2024, Prometeon Tyre Group launched its first Serie 02 Prometeon-branded tyres for the main European main markets, the UK and Turkey. The launch, which took place in Turkey, continues the expansion that began with the production and distribution of Serie 02 tyres in Egypt earlier this year, which was aimed at the African and Middle Eastern markets. The transition to the new product brand will be gradual in Europe, Turkey and the UK, with the new R02 line, developed for regional applications, set to be available starting from October.
Livio Magni, previously Pirelli UK CEO, has now been appointed as the new CEO of Pirelli Europe. This expanded role includes his recently assumed position of chairman of Pirelli UK. As a result, Dimitrios Papadakos has now been welcomed as the new CEO of Pirelli UK.
On 24 September 2024, RH Claydon announced that the well-known wholesaler has been appointed as amn official wholesaler of Michelin agricultural and industrial products, supporting its network of accredited Michelin Exelagri dealers. According RH Claydon representatives, the partnership will allow RH Claydon to stock “a comprehensive range of Michelin farming tyres” across the firms “eight strategically located warehouses throughout the UK, enhancing Michelin’s wholesale coverage across England, Scotland, and Wales.”
Oak Tyres, part of Oak Group Holdings, has partnered with Linglong Tire to exclusively distribute its products across the UK and Ireland. According to the company, the new partnership and extension of Oak’s brand portfolio is “a strategic move to facilitate growth, whilst reacting to increased market demand in the value tyre category”.
SharkEye, the UK manufacturer of laser wheel aligners, is teaming up with FASEP and the Garage Equipment Group (GEG) to offer 33 van-based sales and service franchise investment opportunities across Britain and Ireland. The goal is for the trio of well-known garage equipment brands to be “a major new player in the automotive sector”.
The news that the UK’s Trade Remedies Authority (TRA) has decided to recommend import tariffs of up to £110.11 per tyre on imports of Chinese-produced truck and bus tyres to the secretary of state has attracted understandable interest. A couple of days after the initial recommendation was made, Tyres & Accessories has discovered further details both of the recommendations themselves and about how tariffs came to be recalculated.
Nexen Tire has “restructured” the prices of its summer and all-weather tyres effective 1 September 2024. The move, which amounts to a price increase, will be implemented across the European market, including the United Kingdom and Turkey. It will apply to all goods ordered from that date onward.
With consumers increasingly opting for eco-friendly products, and with tyres made with sustainable materials and energy-efficient production methods – known as green tyres – fitting the bill, already-good sales levels are set to rocket in the next few years. Specifically, the so-called “green” tyre market is projected to generate annual revenue of US$85.79 billion by 2033, up from $33.68 billion in 2023, reflecting a robust compound annual growth rate (CAGR) of 9.8 per cent from 2023 to 2033. The annual green tyre market value reached $31.13 billion in 2022, with a CAGR of 8.2 per cent from 2018 to 2022. So the latest figures are projecting significant ongoing growth.
Michelin has appointed a new factory manager to lead its Stoke-on-Trent plant. Chrissy Peloquin has moved into the leadership position at the Campbell Road facility from Michelin’s factory in Greenville, South Carolina. As well as her role as factory manager, Peloquin will become part of the leadership team of Michelin UK.
Unit sales of both all season and winter tyres grew in the UK, comparing the period April 2023 to March 2024 with the previous 12-month period. However the character of each segment is very different, as we can see from the latest data on this segment from market analysis firm GfK. The most recent generations of all season tyres from premium manufacturers, broadly dated from the introduction of the first Michelin CrossContact, and latterly from brands at lower price points, have helped to establish these tyres with wider temperature operating windows as a strong growth segment.
The Spanish automotive supplier sector billed 41,529 million euros in Spain during 2023, a 10.3 per cent increase over 2022. This represents a milestone in the local industry, breaking the 40 billion euro barrier for the first time.
Pitched as “a tribute to the tradition of British craftsmanship and innovation”, Trelleborg has introduced the high-quality agricultural, material handling and construction wheels made at its Trelleborg Wheel Factory in Lydney, UK. According to the company, each wheel represents a “seamless fusion of tradition and cutting-edge technology, meticulously crafted to surpass industry standards”.
Following its arctic preview at the start of March, Yokohama Rubber has simultaneously announced the launch of the Geolandar A/T4 all-terrain tyre for SUVs and pickup trucks in Japan, Europe and the North American markets.
Compilator AB, part of UK-based Kerridge Commercial Systems Limited, is partnering with Mobile IT Apps to deliver TiDaeX integration via the e-jobsheet tyre service app for the UK and the Republic of Ireland. The move comes in anticipation of its planned expansion into Scandinavia and North America. The integrated partnership will be formally introduced at the ITIA conference in Dublin on 29 February 2024.
If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.
Goodyear