Vredestein Archives - Page 20 of 37 - Tyrepress

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VW to Buy Italdesign Giugiaro?

Volkswagen AG is reported to have opened its corporate wallet and intends to purchase Italy’s Italdesign Giugiaro SpA, the company responsible for designing much of the current Vredestein tyre range. The German vehicle manufacturer’s interest in Italdesign Giugiaro is said to be connected with its desire to become the world’s largest vehicle manufacturer by 2018, an accomplishment that would benefit very much indeed from the Italian designer’s staff and facilities.

20th May 2010/by Tyrepress Editors

ATS Euromaster Launches 2010 Winter Tyre Offer

Following the onset of the harshest winter driving conditions in years during the 2009-2010 season, there has been much speculation – and some evidence – over the likelihood of growth in the UK market for specialist tyres in 2010. For example, Finnish manufacturer Nokian has recently reported “strongest growth” in winter tyres (see ‘Nokian Preparing for Growith in 2010’). ATS Euromaster is positioning itself for a run on winter rubber having launched a dedicated cold weather tyre offering for car and light commercial fleets up to 7.5 tonnes, in which it will label and store off-season tyres for customers. The company says it will build on “a wealth of expertise within the Euromaster Group”, which already supplies, fits and stores cold weather tyres for fleets across northern Europe. ATS-E says it supplies 300,000 cold weather tyres to Holland every year – a significant number, especially considering this is in a country with a similar climate to the UK.

27th April 2010/by Tyrepress Editors

Vredestein to Debut UHP Winter Range at Reifen 2010

Apollo Vredestein has announced it will use the Reifen Essen show as a platform to introduce the newest addition to its winter tyre line-up, the Vredestein Wintrac Nextreme. The design of this successor to the Wintrac Xtreme comes from Italy’s Giugiaro, and the tyre is intended to compete in the ultra high performance segment.

26th April 2010/by Tyrepress Editors

IFC to Invest in Apollo Greenfield Plant

The International Finance Corporation has agreed to partially finance Apollo Tyres’ new greenfield facility in Tamil Nadu, India. On April 22 the World Bank organisation stated that, pending the consent of its Board on May 26, it will furnish Apollo with a financial package of US$60 million. Phase 1 of the plant, located in Oragadam near Chennai, is nearing completion, and the commercial production of tyres there began in the first week of March 2010.

26th April 2010/by Tyrepress Editors

Tyremen Moves into 26,000 sq ft Premises

Tyremen Hull Ltd is expanding into new 26,000 square foot (2500 square metre) premises, reportedly creating “a new one stop shop for tyre services.” The new site in Witty Street, west Hull, just a few yards from one of the firm’s current sites, means the well established family tyre business in Hull is bringing all its services together under one roof. Currently, the company is split between three units in Witty Street, Anlaby Road and Argyle Street, however after the move is completed the three sites will be consolidated into one “huge” facility offering services such as tyres, alloy wheels, batteries, exhausts and wheel alignment.

By centralising all its work at the former Swedecor premises, Tyremen representatives say the company hopes to improve efficiency and increase work capacity. Tyremen was set up more than 40 years ago and is run by co-directors Lindsay Carlin and his son Phil.

20th April 2010/by Tyrepress Editors

Amtel Founder Sells S$28 million House to Omni United Boss

Amtel Group founder Sudhir Gupta has reportedly sold a so-called “good quality bungalow” to Sareen Gajendra Singh who owns Omni United (S) Pte Ltd. According to local Business Times newspaper, the $28 million (Singapore dollar) sale of the property in the Binjai Park area of Singapore accounts for more than 5 per cent of total first quarter property sales in the “good quality bungalow” sector of the local market. The paper reports that this segment of the domestic property market recorded sales of S$500 million in the first quarter of 2010.

16th April 2010/by Tyrepress Editors

Vredestein Announces Cooperation with Arden

A cooperation between Vredestein and car manufacturer Arden has been signed by Apollo Vredestein CEO Rob Oudshoorn and Arden’s Jochen Arden. Through the agreement, Vredestein reports it has now found a partner in Arden for modified vehicles from the premium Jaguar, Bentley and Range Rover and Mini brands.

18th March 2010/by Tyrepress Editors

Apollo Tyres Opens 150th Sales Office

Apollo Tyres has opened its 150th sales and marketing office in Tirunelveli, in the southern Indian state of Tamil Nadu. It is also Apollo Tyres’ 10th sales and marketing office in Tamil Nadu. The 149th office was in Etawah, Uttar Pradesh and the 148th in Begusarai, Bihar, opened in February and January this year. Since March 2009 Apollo Tyres has added 15 sales and distribution points to its network in India, something the company points to as being in keeping with the company’s “mantra” of being close to the customer.

17th March 2010/by Tyrepress Editors

Apollo Tyres Campaigns for Road Safety in Iran

Apollo Tyres launched its Safe Drive campaign in the capital city of Tehran recently. The initiative seeks to improve safety by educating drivers and owners on various aspects of tyre care and maintenance – including inflation pressure and tread-wear checks. Members of Apollo’s International Sales team, along with Apollo’s business partners conducted tyre checks at petrol pumps on major highways for two days. The company hopes that this contact with ordinary customers will ensure safer driving on the highways, during the Iranian New Year celebrations, when families enjoy undertaking road trips.

Apollo Tyres’ products have been available in Iran for the last few years. To fulfill growing customer requirements, Apollo is planning to introduce its truck-bus radial range in Iran later this year. However, the company exports primarily truck and bus cross ply tyres and passenger car radial tyres to Iran from India. The acceptance of Apollo products is clear in the "manifold growth" the company has witnessed in its sales of both passenger and truck-bus tyres in the last three years.

12th March 2010/by Tyrepress Editors

No European Plant for Apollo, Vredestein Plant Gets Nod

India’s Apollo Tyre has apparently dropped plans to build a new tire plant in Europe, and will instead turn its attention to expanding its Vredestein facility in the Netherlands, reports Tire Review.

4th March 2010/by Tyrepress Editors

The ‘Russian Period’ an Emotional Time, Reflects Apollo Vredestein CEO

Speaking on the termination of Vredestein’s five-year connection with Russia’s Amtel in 2009, Apollo Vredestein BV CEO Rob Oudshoorn has admitted in a company publication that “everyone at Vredestein let out a collective sigh of relief” when the cooperation finally ended. Apollo Tyres’ acquisition of Vredestein Banden BV was concluded last May following a prolonged period of financial difficulty for parent company Amtel-Vredestein N.V., and expectations remain high that the Indian company will inject fresh life into its Dutch subsidiary.

17th February 2010/by Tyrepress Editors

Apollo Q3 Performance “Remarkable” – Kanwar

Apollo Tyres’ Onkar S Kanwar has called the company’s performance in the third quarter of the 2009-10 financial year a “remarkable performance”. The company chairman had ample ground for such praise – year-on-year net profit ballooned from Rs 89 million (₤1.2 million) to Rs 1.8 billion (₤24.4 million) on the back of a Rs 22.96 billion (₤311.0 million) net profit, an increase of 108 per cent from the third quarter of the 2008-09 financial year.

1st February 2010/by Tyrepress Editors

Vredestein and Carlsson Announce Cooperation

Company News, International News, Product News

Details of a cooperative partnership between Vredestein and vehicle manufacturer Carlsson were announced on January 11. Upon announcing the commencement of the collaboration, Vredestein Germany managing director Michael Lutz stated “in Carlsson we now have a strong partner in the field of premium styling. Carlsson is one of the best car tuning manufacturers anywhere in the world. Above all, the Carlsson name stands for elegant and exceptional design, high-torque engines and innovative German quality engineering for Mercedes cars.”

12th January 2010/by Tyrepress Editors

Apollo Still Contemplating Eastern Europe Greenfield Plant?

Although Apollo Tyres, as CFO Sunam Sarkar told Indian publication Outlook Business in December, decided to pass up on the acquisition of Mexico’s Tornel, it is by no means ready to stop its global growth. The magazine reports that plans for a presence in Eastern Europe are still on the agenda.

7th January 2010/by Tyrepress Editors

Vredestein Introduces TraxionXXL for Powerful Tractors

In 1997, Vredestein introduced the first four dimensions in its Traxion+ tractor radial line-up, and the company notes these tyres were an instant success. More than a decade on and Vredestein says the Traxion+ tyres are still gaining market share in almost all European countries. A new tyre based upon the Traxion+ design has now been produced. Vredestein calls it the TraxionXXL.

14th December 2009/by Tyrepress Editors