The 10-year contract between Heuver Tyrewholesale and Aeolus Tyres has been extended. Director Jan Heuver signed the agreement with Wang Feng, general manager at Aeolus Tyres. “We have been working with Aeolus for over 10 years now”, states Heuver in reaction to the contract extension.
The Schaeffler Group says its first six months in 2011 have “set new records in sales and operating results”. The company has grown its net income to 641 million euros in the period, with EBIT rising 20 per cent to 883 million euros and margin at 16.4 per cent. The company expects sales to increase by “at least 10 per cent” and has an EBIT margin target of “more than 13 per cent” for the year. Schaeffler’s sales in the first six months rose by 18 per cent to approximately 5.4 billion euros.
The Prime Minister of Romania, Emil Boc has inaugurated the extension of Pirelli’s tyre factory in Slatina, accompanied by the Italian manufacturer’s chairman Marco Tronchetti Provera, and the Italian ambassador in Bucharest Mario Cospito. The full 160 million euro extension, begun in 2008 and to be concluded in 2013, will increase production capacity from 7 million passenger car units at the end of 2011 to 10 million by the end of the extension project and the extension of its area. Pirelli says the plant is already one of its most modern, and will become its biggest passenger car tyre plant when the extension is complete.
The MotoGP paddock travels from Indianapolis last weekend to Rimini and the Adriatic Coast for the San Marino Grand Prix on 4 September. The Misano World Circuit is twisty and quite stop-start in nature, although there is a very fast section from turns ten to thirteen. Consequently riders spend a lot of time on the brakes meaning that braking stability from the front Bridgestone tyres is crucial. Confidence in rear grip is especially important through turns six, ten and sixteen, which all lead onto sections of straight.
County Donegal’s Ulster Tyre Company has announced it is to use the Cameo platform to establish a line into MIDaS B2B from Cam Systems. The new applications will enable the tyre wholesaler and retailer to streamline trade lines with its partners to support its ambitious growth plans. The company’s 50,000 sq ft site houses over 20 different brands of tyres, covering all segments. The decision to introduce the two platforms together is based on the company’s desire to increase customer connectivity, interaction and delivery, and to acquire effective tools for effective operations in the future.
SA Tyres and manufacturer Federal have hosted a riding experience for its clients and salesmen at Gerotek Testing Facility near Johannesburg, where business partners participating in the 2011 One Day Test Drive programme from all over the country. The event was designed to give dealers the opportunity to see how Federal tyres are evaluated in a test in hazardous driving conditions.
Tire Group International has been named the fourth largest Hispanic owned exporter in the USA by Hispanic Business Magazine. Tony Gonzalez, TGI’s CEO said: “We are very excited and honoured by the ranking, it’s a true testament to the hard work and effort of our entire team, The Winning Team.”
Transport hire specialist William Gilder has signed up Michelin to supply its X-Terminal T tyres for the firm’s fleet of terminal tractors; a move it says will reduce operating costs and increase uptime. The dedicated industrial tyre designed for shunting applications will be fitted to the Cheltenham-based company’s vehicles following a trial of Michelin’s tyre begun in August 2010. William Gilder runs a 76-strong transport and machinery hire fleet including the 51 Terberg and MOL tugs on which the X-Terminal will be fitted. The 20-year-old firm also runs its own waste management fleet, which moved to a 100 per cent Michelin policy last year.
The Western European car market grew 8 per cent in August despite being down 1 per cent year-to-date. This marks a significant improvement on July which was down 1.5 per cent. According to research produced by Deutsche Bank, August is usually the lowest month of the year with around 750,000 units sold.
Bridgestone Europe’s sales companies and warehousing have been re-certificated to ISO 9001:2008. The certification, independently verified by Lloyd’s Register Quality Assurance, requires companies to meet specific quality management system requirements across all business areas.
The price of steel price has dropped US$120-130/tone in Europe (North European HRC) since March and now sites around $730-770/ton level (515 – 540 euros/ton), according too financial analysts. Writing in an investor’s note dated 30 August, Deutsche Bank explained its view of that the market has stabilised in the medium term market: “We expect current prices to remain more or less stable in the second half of 11 and for full year 2012.”
Casey Stoner and the Repsol Honda Team delivered a masterclass in consistency and tyre management in particularly tricky conditions to extend the Australian’s MotoGP championship lead to 44 points at the high temperature, newly resurfaced Indianapolis Motor Speedway. He was followed across the line by teammate Dani Pedrosa in second and Yamaha Racing’s Ben Spies who recovered excellently having dropped to ninth to climb onto the podium for the third time this season.
Companies wishing to survive as retreaders these days either need to find a profitable niche where few competitors exist and margins are high or they must have the absolute will to follow current market trends and the ability to invest. A factor particularly responsible for changing the market is the growing demand for premium retreads by professionally managed fleets – the new tyre industry is a driver of this change. Therefore small and medium-sized retreading firms must make an effort to retain sufficient business. A real-life example of a company that is thriving despite the market changes is Bavaria, Germany based Reifen Müller.
National road safety charity Brake is appealing to companies to register now for Road Safety Week 2011 to help spread life-saving road safety awareness on UK roads. The week will run from 21-27 November. Brake campaigns director Julie Townsend says: “Companies can play a crucial role in spreading road safety awareness and helping to prevent needless tragedies on our roads.
Hankook’s recent partnership with the Royal International Horse Show at Hickstead has revealed some worrying concerns over the tyre maintenance of horseboxes and trailers. According to the company, last year alone tyre failures accounted for approximately 30 per cent of all horsebox breakdowns at the roadside, many of which could probably have been avoided. In an effort to raise standards of tyre maintenance amongst the horse riding community, Hankook has published this advice: