Company News

Kumho Tire: Can Park afford to match Qingdao Doublestar bid?

Although Park Sam-koo is said to have arranged sufficient funds to buy back a share in Kumho Tire from its creditors, some still doubt the transaction will go ahead. The Investor, the online business news service run by The Korea Herald, comments that many observers question whether Park will be able to pay the KRW 100 billion (£70.5 million) down payment for the deal.

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Product News

Alliance 380 now available in size 800/60R32

Alliance 380 now available in size 800/60R32

A new size has joined the Alliance 380 range. Alliance Tire Group has unveiled a size 800/60R32 version of the flotation radial at the SIMA show in France. The new product is aimed at trailers, tankers, sprayers and loaders.

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International News

West European trailer demand hits high

The West European Trailer Market had the third highest level of new trailer registrations ever, surpassed only by the figures for 2007 and 2008 before the GFC. However, there, there was a distinct weakening of the market in the second half of the year and Denmark, France, Germany, Italy and Spain were all less buoyant markets at the end of the year than they were in mid-2016.

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Career Tracks

New head of key account management B2B at Delticom

New head of key account management B2B at Delticom

Delticom reports that Nathalie Kronenberg is now in charge of key account management for the company’s B2B activities. Kronenberg is based at the online specialist’s headquarters in Hannover, Germany and has led the strategic development of B2B key accounts around the world since January. In addition to building up this business within Europe, Kronenberg’s tasks also include expansion to America and the Asia/Pacific region, as well as further promoting the digitisation of the company’s bulk business.

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Retreading News

Tyre Equipment Company exhibiting at Commercial Vehicle Show

Tyre Equipment Company exhibiting at Commercial Vehicle Show

The Commercial Vehicle Show will see The Tyre Equipment Company (TEC) return to the NEC in Birmingham in order to showcase a selection of commercial tyre changing tools and equipment from Ken-Tool, as well as other products from the TEC range between 25 and 27 April 2017.

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Comment

Trending? Tyres and economic trends

Trending? Tyres and economic trends

The UK economy grew 0.6 per cent in the October-to-December period. Taking the year as a whole, the economy grew 2 per cent, 10 per cent slower than the growth of 2.2 per cent achieved in 2015. Good news, I hear you say. But, as with many things in life, the details tell a more complicated story. Many sources, such as the BBC, contend that this better-than-expected growth is because of increased consumer spending during the last quarter of the year. However, it is also worth pointing out that UK car production achieved a 17-year high in 2016, according to the latest figures published by SMMT. This comes at the same time that the motor manufacturer’s association reported new car registrations of just under 2.7 million for the year – itself another record. This being the case, it is worth taking a closet look at the figures and the messages give us in the inextricably linked tyre sector as well as the economy as a whole.

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Other Recent News Articles

Continental introduces 19.5” tyres for urban buses

Continental introduces 19.5” tyres for urban buses

Friday 24th February 2017 | 0 Comments

Continental has introduced a new 19.5” fitment for its urban bus tyre, the Conti Urban HA3, part of its third-generation commercial vehicle tyre range. Tyres for this application are placed under higher stress in the inner-city public transport segment than in any other area of application, Conti states.

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Tyrexpo UK and Garagexpo UK running in October

Friday 24th February 2017 | 0 Comments

Several years since the last UK tyre show (Brityrex in 2014) SingEx Exhibitions is running both Tyrexpo UK and Garagexpo UK in parallel in Birmingham.

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Nexen raises prices up to 9%

Friday 24th February 2017 | 0 Comments

Korean tyre manufacturer Nexen has announced that it will raise prices by up to 9 per cent across its different product segments and dimensions.

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