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NFDA comments on Government’s ‘plan for jobs’
10th July 2020The Chancellor has announced a new £2 billion Kickstart Scheme will be launched to help employers create jobs for young people at risk of long-term unemployment. Funding available for each six-month job placement will cover 100 per cent of the National Minimum Wage for 25 hours a week – and employers will be able to top this wage up.
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Pirelli, Hankook continue close rivalry in list of Leading Tyre Manufacturers
8th July 2020Tyrepress has published its 2020 ranking of the world's top tyre manufacturers. Our ranking lists the top 20 tyre makers ordered by turnover from tyres in the previous calendar year. For example, Continental turned over nearly 45 billion euros in 2019, but 26.4 per cent of this was from its tyre divisions, making it the fourth largest tyre manufacturer in the world with 11.7 billion euros. The ranking presents a baseline for discussing the relative positions of the largest global players in tyre production. In 2019, we noted that Bridgestone had opened up a gap at the top of our ranking, around 2.65 billion euros ahead of second-placed Michelin in tyre turnover. This year, the French giant has reduced this gap to just over half a billion euros, reflecting its most recent acquisitions.
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Norwegian startup choses UK for first tyre recycling plant
Norwegian tyre recycling startup, Wastefront AS has confirmed that its first plant will be located in the UK. It plans to invest between £20-30 million on the recycling facility, with its construction resulting in employment for around 100. When fully up and running, Wastefront adds the plant will employ between 20 and 30 people full time. The company, founded in 2019 in Oslo, is now deciding where to locate its first site. The company
Continue ReadingMOTs worth £177 million a year in UK tyre sales
Together, the increased utilisation of independent contractors on the supply side and record online search figures on the demand side show that MOT testing is booming. Considering that MOTs were put on hold for roughly four-and-a-half months between March and August (let’s not even mention the Northern Ireland MOT crisis), this is good news. Word of a coming MOT spike will be warmly welcomed by
Continue ReadingBridgestone Enliten technology gets premiere on Volkswagen ID.3
Volkswagen has called the launch of its ID.3 electric car the most significant since the Golf. But the launch is also a milestone for one of its tyre partners. Following the news that Bridgestone would supply its Enliten-enhanced Turanza Eco tyres to the ID.3, the world’s largest tyre manufacturer has outlined the benefi
Continue ReadingHankook supplies e-tyres for Porsche Taycan electric sports cars
The new Porsche Taycan, the manufacturer’s first all-electric sports car, will roll of production lines on specially developed Hankook Ventus S1 evo 3 ev electric vehicle tyres. Supplied in size 225/55R19 XL 103Y on the front axle and 275/45R19 XL 108Y on the rear axle the tyre will be marked “NF0” on the sidewall. Hankook says the Ventus S1 evo 3 ev includes technical refinements designed to optimise the performance of electric sports cars. The new deal extends Hankook’s relationship wi
Continue ReadingAutopromotec postponed until 2022
Autopromotec has postponed its 29th edition, originally planned for 26 - 29 May 2021 for a year. The event will now run Bologna from 25 - 28 May 2022. According to the show’s organisers Promotec SpA, the protection of exhibition was the primary reason for the decision. However, The Tire Cologne’s decision to postpone its 2020 show to dates that clash with the previously planned 2021 running of Auto
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