Company News

Goodyear earns well in Q3, globally and in Europe

While many of the quarterly results released at the moment make for depressing reading, those published by Goodyear Tire & Rubber yesterday show that the US-based tyre maker is making even better than expected progress on the path back to financial strength. An obviously pleased Richard Kramer reported on 29 October that Goodyear “delivered outstanding earnings growth in the quarter and achieved a segment operating income margin of more than 11 per cent, the highest in more than a decade, despite an increasingly challenged global economy. The chairman and chief executive officer added that “these results reflect our focus on capturing the value of our branded products in the marketplace and continued progress generating cost savings through our operational excellence activities.”

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UK News

Motorcycle sales ‘stable’ in September

Motorcycle sales ‘stable’ in September

“September marked another stable month with a 6.4 per cent growth for the motorcycle market.” said Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK. In total, 757 more machines were registered in September 2014 than in September 2013, however it was expected there would have been a higher demand on the back of the new 14-plate change.

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International News

Interstate gives Dynacargo its UK debut

After three and a half years of selling the Dynacargo range in the US, Canada and Mexico, Interstate launched this truck brand in Europe at the Essen show in Germany in May. Back then it was one of a number of new ranges launched across the continent. During October's Brityrex, Interstate gave Dyncargo its UK-specific debut and this time the truck tyre products were the company's central focus.

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Motorsport

Coventry to play host to motorsports event

Coventry to play host to motorsports event

Coventry is set to become the first city in the UK to stage competitive motorsport on its public roads. Coventry City council has given the green light to racing by using new Government legislation designed to allow cities to host motor sports events.

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Retreading News

Bandvulc hosts key partner conference in Manchester

Bandvulc hosts key partner conference in Manchester

After a one-year gap Bandvulc recently held its Key Partner Conference for its dealer network at the prestigious Midland Hotel in Manchester. Famous for a particular historical partnership, the Midland was where Messrs. Rolls and Royce met and agreed to form their company. The conference theme was: Partnerships, loyalty and recognising customers. Company representatives explained that this year’s conference was designed to inform the network of Bandvulc’s performance amongst other things.

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Product News

GT Radial Champiro FE1 launched throughout Europe

GT Radial Champiro FE1 launched throughout Europe

Giti Tire expresses confidence that its new Champiro FE1 will become one of the biggest sellers within its GT Radial brand portfolio. The new range was officially unveiled at the Reifen 2014 show in May, and the manufacturer has now provided some further details on the line-up. It says the Champiro FE1 is available in Europe from October 2014 onwards in 18 sizes for 15 to 17-inch rim diameters and in T to W speed ratings.

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Career Tracks

Andy Baron joins SD-International, Toledo range introduced

Andy Baron joins SD-International, Toledo range introduced

Shanghai-based contract tyre manufacturer SD-International recently reinforced its European sales team with the appointment of Andy Baron as sales manager (Northern Europe). Both this and the introduction of the company’s new Toledo range took place during October’s Britytrex exhibition in Manchester.

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Legislation

RMI urges Government to listen to retailers

“The retail motor industry compromises of 8,000 member sites and too often the Government listens intently to the manufacturing sector, but takes scant account of the interests of retailers,” said RMI deputy chairman Peter Johnson, speaking at this year’s Retail Motor Industry Federation annual dinner in London on 23 October 2014.

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