Company News
Kumho delisting from London Stock Exchange
Kumho Tire plans to delist its shares from the London Stock Exchange (LSE) at the end of April 2019, according to South Korean company filings.
UK News
IAAF welcomes EU’s call for “robust regulatory system” before January 2020
The Independent Automotive Aftermarket Federation (IAAF) has welcomed an own-initiative report by the European Parliament, urgently calling for “robust” legislation regarding access to in-vehicle data to be in place by January 2020.
Product News
Top natural rubber produces cutting exports by 240,000 tons
On 6 March, the International Tripartite Rubber Council (ITRC) announced plans to reduce rubber exports by 240,000 tons for the next four months.
International News
GDT tyre-deived oil output ‘already sold’
Australia-based Green Distillation Technologies (GDT) reports that it has already pre-sold all the oil the firm expects to obtain from old tyres recycled in its planned Toowoomba plant. Indeed, GDT reports that the company has already sold its entire oil output from plants in North Queensland and Wagga in Southern New South Wales as well.
Career Tracks
Goodyear appoints Richard Tawlks as TruckForce equity business manager
Goodyear Tyres has appointed Richard Tawlks as TruckForce’s equity business manager. Tawlks has a wealth of experience in reducing the cost of tyre ownership and committing to safety and service standards delivered by TruckForce. Tawlks will be responsible for the strategic leadership of the TruckForce equity business, ensuring customers receive an industry leading tyre service and maintenance partnership. Tawlks has 25 years of experience within the transport industry. He has been a TruckForce regional manager since 2014.
Motorsport News
Melksham Motor Spares announces 2019 partnership with Formula Ford Championship
Melksham Motor Spares, one of the South West Region’s largest independent motor factors, will continue its sponsorship of the Formula Ford Championship at Castle Combe Circuit for a second year.
Retreading News
Finding success in an increasingly complex sector
Michelin has long been a leading player in the truck and bus tyre markets, with customers ranging from some of the largest fleets out there to owner operators. And yet, recent years have been tough for everyone in the commercial vehicle segment as the forces of economic uncertainty combined with a tidal wave of low-cost Chinese tyres have put pressure on businesses. As we approach Brexit, roughly a year after anti-Chinese truck tyre imports were implemented, Tyres & Accessories spoke to Michelin business-to-business sales director, Chris Smith as well as Andrew French (Michelin director services) and solutions in order to find out more.
Comment
Brexit OE tyre red-alert
Is Brexit going to wreak havoc on the automotive business or is it all just another millennium bug flash-in-the-pan? If a no-deal withdrawal does spell havoc, is it going to impact the tyre business as much as the OEMs?