OLEV, ULEV and the tyre business

As the May issue of Tyres & Accessories went to press, the government shared details of how its Office of Low Emission Vehicles (OLEV) is going to spend its £500 million funding allowance. For its part, the Society of Motor Manufacturers and Traders (SMMT) duly welcomed the half a billion pound funding boost for low emission vehicles, characterising the move as part of a wider campaign to make the UK “a leader in the development and take-up of low emission vehicles”. Clearly this is on the political and commercial agendas (at least as far as the automotive manufacturers are concerned), but what does this all mean for the tyre business in general? And, with this year’s Tyre Retail feature published from page 26 of this issue, what does this mean for garages and tyre retail in particular?

Read this text in full in the May issue of Tyres & Accessories magazine.