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Michelin acquisition “rescues” German tyre wholesaler

Speculation suggested that Michelin quietly prepared for its acquisition of German tyre wholesaler Reifen Ihle Baden-Baden AG over a number of years, yet evidence has emerged that shows the tyre maker’s management team wasn’t as visionary as thought when planning this particular transaction. And it’s also become evident that Ihle’s description of itself as “Europe’s top-performing wholesaler for tyres, rims and complete wheel sets” hasn’t reflected reality for a long time now. Michelin’s purchase may now protect Ihle from further decline or even insolvency as since 2011, if not longer, Ihle has been in troubled waters and is, pending the consent of the German Federal Cartel Office, in need of rescue by Michelin before it sinks.

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Cheng Shin looks to China for growth

According to a report in the Taipei Times, Cheng Shin Rubber has ambitions to overtake Yokohama rubber and become the world’s eighth largest tyre manufacturer.

The company hopes to achieve this by tapping into the fast growing Chinese car market and it has already signalled its intention to increase expenditure at its R&D operation in Kunshan, Jiangsu Province, China.

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  4. Maxxis: Sales have grown US$2 billion in five years
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Kenda highlights awards and European know-how in Automechanika presentation

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As winner of the Taiwan Excellence Award, Kenda presented its latest products at a press conference 2014 together with other award winners at Automechanika on 17 September. Trade delegates from Taiwan as well as a high-ranking representative from Taipei were in attendance at the Frankfurt show. These included: Agnes Hwa-Yue Chen, Representative of Taipei in Germany, Chin-ling Yu, Director of the Taiwan Trade Center (TAITRA) in Düsseldorf, and Patty Lin, Project Manager at TAITRA.

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Latest generation Pirelli tyres for French rally

More than 10 drivers will benefit from Pirelli’s tyre technology and know-how when the FIA World Rally Championship resumes in France this week (October 2-5) for the final pure asphalt event of the season.

Based in Strasbourg in the Alsace region of France, the rally is the shortest round of the WRC season with the 18-stage route totalling 303.63 competitive kilometres.

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Anglian Water renews ATS contract for 13th year

One of the UK’s largest utility companies, Anglian Water, has renewed its tyre service contract with ATS Euromaster for the 13th consecutive year because of its team’s expertise and excellent customer service.

The new contract also sees the business maintaining its Michelin tyre policy for the car & van fleet. Since fitting the premium rubber, Anglian Water has recorded fewer tyre replacements and reduced levels of fuel consumption – important factors in its overall ambition to lessen its environmental impact.

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John McNaught leaving Bridgestone

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After 12 years at Bridgestone, John McNaught is to leave the company on 31 October 2014. McNaught, who has 36 years of tyre industry experience, led many of the initiatives that resulted in Bridgestone’s recent growth in this part of Europe during his tenure including significant growth in the company’s truck and bus fleet business and the acquisitions of the Kingsway retail business in 2004 and the Bulldog retreading operation in 2005 (See “Strong growth at Bridgestone UK” in our September 2005 issue for more);  not to mention the expansion of the UK office’s oversight into a regional or “zone” headquarters including the Nordic markets (See “Why Bridgestone believes its new European structure takes it closer to the market”, September 2011), to name two examples.

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Hankook introduces truck tyre trio at IAA

In addition to announcing significant original equipment deals, Hankook Tire is presenting several new commercial vehicles tyres at the IAA show in Germany – the drive axle DM09, the winter AW02 and the e-cube Blue TL20 trailer tyre.

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Bridgestone extends ‘Total Tyre Care’ programme

A focus for Bridgestone at the IAA Commercial Vehicles show has been the extensive additions to its “already highly successful ‘Total Tyre Care’ programme.” Michaël Codron, managing director of Bridgestone Europe’s Commercial business unit, shares that “three new customised tyre management and service” packages have joined the programme. Each of these, he adds, is “tailored to customer needs”. Under this “new and comprehensive fleet management strategy” that Bridgestone is presenting at the IAA, fleet operators receive effective solutions to manage tyre-related costs, maximise their value and thereby reduce the total cost of ownership of their tyres throughout their entire lifetime through the “Advanced Tyre Monitoring Programme”, “Premium Tyre Maintenance Programme” and “Elite Tyre Management Programme.”

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Bridgestone donating to combat Ebola

The Bridgestone Group is donating US$1 million to critical efforts underway in Liberia and the region to combat the Ebola outbreak. Specifically, $500,000 will be paid to Samaritan’s Purse by Bridgestone Americas, Inc. for work in Liberia, while Bridgestone Corporation will donate $500,000 (JPY 54 million) to support UNICEF’s efforts in Liberia and Nigeria. This $1,000,000 donation, announced on 29 September, follows months of work by Firestone Liberia to manage an effective Ebola emergency response programme on its subsidiary rubber farm and nearby communities in country. The funds are aimed at strengthening efforts to stop the spread of Ebola through public awareness; helping facilitate delivery of in-home care supplies for the sick; enhancing medical treatment; and providing support for children left orphaned due to the epidemic.

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Apprenticeships ‘too important just to be an election promise’

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After the Conservative Party joined Labour in pledging increased apprenticeship opportunities, the Institute of the Motor Industry has urged political parties to think carefully about how to improve such positions. Steve Nash, CEO of the IMI which represents the UK retail motor industry, is pleased to hear the latest political party promise about apprenticeships. But he’s concerned that the issue is just becoming one of the items on the list of ‘vote winner’ promises without, necessarily, addressing the challenge of how to attract young people to apprenticeships.

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IGA to employ liaison officer tasked to change perception of garage careers

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Following the pledge from the Labour party to increase apprentices, and the Independent Garage Association’s (IGA) own promise to promote the garage industry in schools, the IGA has announced that it will employ a dedicated person to promote a career in the motor industry to school leavers.

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The Parts Alliance acquires associate member Car Parts & Accessories

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The Parts Alliance has made its eighth acquisition, buying out associate member Car Parts & Accessories (CPA). Established in 1995, CPA employs 120 people in 12 branches serving Hampshire, Sussex and Surrey. It has a delivery fleet of 60 vehicles and a turnover approaching £12 million.

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Milltek launches Fiesta 1.0T EcoBoost performance exhaust system

Ford’s new EcoBoost Fiesta can deliver impressive power outputs from a tiny displacement motor, giving it a good base for tuning. Exhaust supplier Milltek has worked with Ford tuners in the UK to create a range of exhausts to increase power.

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Ultra Racing releases Nissan Skyline (R34) front strut brace

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Ultra Racing has released a new strut brace for all R34 Nissan Skyline models. Intended for owners wanting to increase the torsional rigidity of their cars, or to make the chassis more efficient for fast road or track driving, the strut is formed using a ‘one-piece’ steel construction, making it more rigid than ‘flexible’ or […]

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ABD says ‘no’ to road pricing

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In the midst of party conference season, members of drivers lobby group The Alliance of British Drivers have reaffirmed their hostility to ‘Pay per mile’ road pricing following its re-appearance on the political radar. In a recent survey of its members 85 per cent said they were opposed to road pricing under any circumstances.

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