Company News

Vacu-Lug becomes Hankook Alphatread UK retread partner

Vacu-Lug becomes Hankook Alphatread UK retread partner

Vacu-Lug has become the new retread manufacturing partner for Hankook in the UK. The company signalled its new status by including the manufacturer’s Alphatread retreading brand on its stand at the Commercial Vehicle Show (24-26 April, Birmingham NEC), coinciding with the beginning of production of the Alphatread bead-to-bead retread truck tyre range at the Vacu-Lug factory in Grantham.

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Career Tracks

Experienced customer service account manager joins CAM

Experienced customer service account manager joins CAM

Mark Erwood is joining CAM as key account manager, tasked with providing high levels of customer interaction across the UK and Ireland to help tyre dealers develop their businesses through CAM’s IT enablement.

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Motorsport News

Motorsport helps to keep Avon innovating

Motorsport helps to keep Avon innovating

Avon Tyres’ Motorsport division is also using its knowledge from race programmes to develop its high performance car tyres. Its partnership with competitive Caterham championships has spanned more than 25 years and is still going strong. This year the brand retained the title sponsorship of the Roadsport Championship, which is for drivers fresh from the Caterham Academy starter series. This grassroots sport is what underpins Avon’s “arrive and drive” ethos – transferring its expertise and development from the production of race tyres to passenger car products that are track-ready.

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Retreading News

Truck tyre tariffs to end Chinese import tsunami

Truck tyre tariffs to end Chinese import tsunami

The EU’s decision to implement import tariffs on Chinese-produced truck tyres marks a sea-change in both the truck tyre market in general and European governments’ approach to the subject in particular. As of the 8 May 2018, truck tyres produced in China and imported into the UK have become between 52.85 euros and 82.17 euros per tyre more expensive than before. And what’s more, with product registration having begun back in February 2018, such charges look likely to be backdated to February on tyres already sold. This cannot fail to have an enormous impact, but what exactly will it mean for the truck tyre sector?

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Comment

Why Doublestar’s Kumho purchase is a good idea

Why Doublestar’s Kumho purchase is a good idea

15 months after bidding got underway, Qingdao-based Doublestar and its consortium of Chinese banks and investors bought 45 per cent of the South Korean tyremaker Kumho Tire over the Easter weekend. Whatever other clauses are written into the deal, following the release of shares issued for the purpose of the sale, Kumho Tire’s creditors will own a 23.1 per cent shareholding in the tyre maker, down from 42.01 per cent. This makes the Chinese tyre firm controlling shareholders in South Korea’s Kumho Tire.

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