Trelleborg Wheel Systems has announced a seven-to-ten per cent price increase on its tyres for agricultural, forestry and light agricultural applications in Europe.
Pets at Home has signed a new contract with ATS Euromaster. The tyre management firm will seek to provide longer tyre life and greater visibility of running costs, handling all aspects of Pets at Home’s tyre management. This follows a comprehensive tyre audit carried out by ATS Euromaster across the customer’s truck and trailer assets, which identified opportunities to reduce operating costs and improve tyre life, safety and uptime.
The Z tyre brand has held a co-ordinated countrywide launch in South Africa in association with Tyrecor, its distribution partner. Taking place in three different locations showcasing the country’s diversity to accommodate the maximum number of tyre dealers, the main event was held at the Emperor’s Palace in Johannesburg, hosted by Harjeev Kandhari, CEO of Tyrecor and Zenises, global distributor of the Z brand. The two supplementary official launch events were also hosted by Tyrecor at the Oyster Box in Durban and the Taj Hotel in Cape Town.
The very first Hyundai i20 WRC to be run by a private team has won for the first time with Pirelli. Former World Rally Championship competitor Corrado Fontana, co-driven by Gio Agnese, won the Rallye Elba in Italy, the first round of the International Rally Challenge (which is Italy’s main championship for World Rally Cars).
Apollo Tyres inaugurated its third Apollo Retread Zone (ARZ) in Mumbai, in the western part of India. Rajesh Dahiya, Group Head, Sales-APMEA (Asia Pacific, Middle East & Africa), Apollo Tyres Ltd inaugurated the outlet in Turbhe, Navi Mumbai. With the objective of providing quality retreading service to truck-bus customers and fleet owners, these branded outlets are equipped with most advanced retreading machines, high quality tread material and trained workers. The move demonstrates
Dieter Köppner, managing director of Nokian Tyres Central Europe since 2007, has announced his intention to retire this year. Sharing the news with Tyres & Accessories, the 62 year old said that to ensure a smooth transition he is already working alongside his successor, Hannu Liitsola, at the tyre maker’s Central European headquarters in Prague.
In case you haven’t heard, as much as 65 per cent of Pirelli is in the process of being sold to ChemChina. It’s a complex plan and there’s a long road ahead, but the deal has been done and so takeover wheels are in motion (see page 28 for complete coverage of this part of the story). So what’s next? The deal can’t fail to have an impact at Pirelli, but what about the other top five tyre manufacturers and beyond? We hinted at market consolidation in this column last month, with reference to restructuring proceedings at Shandong Deruibao Tire Co., Ltd and possible contagion in China; and Pirelli CEO Marco Tronchetti Provera made the market aware of that he was planning to sell his stake within two years in January 2014. But few would have named this particular bidder and this particular timing. Now we are faced with the possibility, even the likelihood that the Pirelli/ChemChina deal is going to precipitate further micro and macro consolidation within the tyre market - even a re-shuffle of the tyre industry's top 10.