Kingsway Tyres has opened its first depot in Bedfordshire as part of its expansion plans. The chain’s 17th garage in Old Bridge Way, Shefford, will provide premium and economy tyres and servicing solutions for cars, vans, 4x4 and commercial fleets, supported by 24 hour tyre related breakdown service vehicles, covering Bedford, Sandy, Stevenage, Letchworth, Hitchin, Luton, Dunstable, Milton Keynes plus the surrounding areas. The new opening has created four new jobs.
Nankang Tyre UK handed over the keys to the first Citroen DS3 in their new “Cool as Ice” dealer reward scheme to Basingstoke Value Tyres owner Gary Benwell. The car is being offered as a dealer reward to Nankang Performance Centres across the UK, giving dealers a brand new Citroen DS3 ICE for free. Gary […]
The centrepiece of the North American Tire & Retread Expo was the inaugural Miss Retread Truck Tire Contest, won by Industrias Del Neumaticos of Alicante, Spain. The winning company was awarded $5,000 along with a trophy. 22 retread tires were entered in the contest.
Seven tractor-driving finalists in the European Drivers Challenge have been invited to the Michelin Technical Innovation Centre Test Circuit in Ladoux, France to demonstrate how best practice can affect tractor performance. Each participant will get his own John Deere 6215R AutoPowr tractor, pulling a heavy 20t Joskin two axle trailer. The tractors will be equipped with Michelin MachXBib tyres, with trailers featuring Michelin CargoXBib High Flotation tyres. The participants will be challenged to select their own strategy of tractor settings and tyre inflation pressures.
Executives at Pelmar Engineering Group (Pelmar) have confirmed that a disagreement between the company and Tianjin Saixiang Technology Co. Ltd. (TST) has been resolved. Pelmar’s executive chairman Jacob Peled told Tyres & Accessories that “the conflict between TST and Pelmar has ended in an amicable settlement”. The resolution appears to have occurred after TST met its obligations towards Pelmar. As a result Pelmar cancelled the lawsuit it brought against TST in the Tianjin Court. In addition, it was also agreed that the two companies will resume their business relations and will continue to cooperate as before.
Continental has extended its Conti Urban HA3 bus and coach tyre line-up with the addition of a 19.5-inch tyre specifically developed for use on medium-sized city buses. The tyre maker says the Conti Urban HA3 265/70 R19.5 features the range’s latest developments, including a new compound and updated tread pattern, and these features combine to give the new product a service life up to 20 per cent higher than that offered by a conventional regional tyre.
Bridgestone Europe has appointed Timothy Manuel, currently general manager of channel strategy as director replacement sales in the company’s European Consumer Business Unit. Despite having taking on this new role, Manuel remains responsible for Consumer Business Unit channel strategy and the Motorcycle Business Unit at European level. Moving forward, his key focus is said to be the development of the company’s passenger car sales in Europe, working closely with the six different European regions.
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.