Overall positive result – European clubs test winter PCR tyres
Three leading European motoring associations have published the results of their joint 2020 winter car tyre test. The ADAC from Germany, Austria’s ÖAMTC and Swiss club TCS looked at 15 brands of tyre. While they didn’t award any of the evaluated products their top ratings of ‘very good’ (ADAC) or ‘excellent’ (ÖAMTC, TCS), the clubs noted that overall test results were positive. In addition to five strong performers, seven further tyres were recommended and one conditionally recomme
Itochu sold 26 Kwik-Fit freeholds in the first half of 2020
While speculation continues relating to the apparent sale of the Kwik-Fit tyre retail business, we do know that the Itochu-owned enterprise sold the freeholds to 26 of its branches in a double-digit million-pound series of transactions during the first half of 2020.
The UK’s largest tyre retailer, Kwik Fit, is being prepared for a sale. The Japanese Itochu group, which owns the European Tyre Enterprises Ltd (ETEL) holding company that controls both Kwik Fit and its wholesale counterpart Stapleton’s Tyre Services, has appointed investment bankers Nomura to advise on strategic options for the company, according to Sky News, with insiders suggesting a sale is very likely.
Landsail named official tyre partner of Leicester City
Landsail Tyres is the new Official Tyre Partner of Leicester City. The Sentury Tire brand has signed a multi-year deal with the Premier League football club, starting this season. The brand has excellent penetration in the UK tyre market, distributed by Grouptyre, and is present in more than 100 countries glo
UK could lose out to Europe in battery recycling market
22nd September 2020
The UK is at risk of losing out to the rest of Europe when it comes to the automotive lithium ion battery recycling market, according to a new research report published this week by WMG at the University of Warwick and backed by the Advanced Propulsion Centre UK, the High Value Manufacturing Catapult and Faraday Battery Challenge at Innovate UK.