Nearly three in ten UK residents (29 per cent) heading to Europe on holiday will be getting behind the wheel, equating to 15 million people embarking on European road trips in the next 12 months. While the majority of them are organised when it comes to their car insurance on the continent, new research from Sainsbury’s Bank reveals that many are unaware of specific driving laws in Europe.
Well-known online tyre retail business Blackcircles has launched a website in Thailand. The business, which entrepreneur Mike Welch OBE founded at the turn of the millennium and sold to Michelin for £50 million in 2015, can be found at blackcircles.co.th.
Retreader and tyre management provider Vacu-Lug, which has today been acquired by Zenises, was visited by its local MP Nick Boles. The member for for Grantham and Stamford spent his time at the company seeing its latest manufacturing developments and learning more about its recently developed VMS Mobile app, designed to provide operators with fingertip access to their fleet’s tyre data whenever and wherever they need it.
As part of the transaction that saw Zenises group purchase Vacu-Lug, Zenises Group has confirmed that it has also made “several large capital commitments in equipment and technology to ensure that Vacu-Lug becomes, over time, the most advanced independent retreader in Europe”.
Earlier research based on point of sales system-based sell-out data shows that mid-range all-season tyres are leading market growth, followed by premium tyres (see “Mid-range all-season tyres lead market growth” for more on this). At the same time 4×4 and SUV tyres specifically appear to be driving growth. Both facts point to the hypothesis that market growth is being driven by high-value products, which makes both all-season tyres in general and SUV/4×4 all-season tyres in particular attractive parts of the tyre business to engage in. But what evidence is there that this thesis is supported by sell-out pricing?
On 3 April, former Pirelli marketing director Alberto Viganò began a new role at Apollo Tyres. As general manager for the company’s two-wheel division he answers directly to Neeraj Kanwar, vice-chairman and managing director of Apollo Tyres, and is tasked with introducing motorcycle tyre lines in numerous markets – including Europe.
Zenises has bought Grantham-based Vacu-Lug. The acquisition means Vacu-Lug remains the only significantly sized independent retreader in the UK. With an annual truck tyre retread capacity of 120,000, Zenises representatives described the firm as the largest independent retreader in Europe.
Effective Monday 16 July 2018, Mark Brickhill has become Klarius Group chief executive officer which covers Klarius Products, machine specialist KMT and related tools/consumables business Emissco. Brickhill is well known to the tyre industry having previously been Goodyear Dunlop UK MD and other executive positions within Goodyear’s EMEA operation.
Following a successful exhibition of its wheels at Autosport International earlier this year, competition wheel manufacturer Revolution Wheels International says the pressure has been on to cope with demand. The company has responded by commencing an expansion programme. One important part of this is the recent acquisition of two further units on the Sherwood Energy Village ecologically sustainable commercial park.
At this year’s Automechanika trade show in Frankfurt, lighting and electronics specialist Hella will, for the first time, present its combined expertise for the workshop business at Hall 9, Stand A88. Under the motto “OE competence meets diagnostics” the brands Hella, Hella Gutmann Solutions and Behr Hella Service will present product highlights, workshop equipment solutions and technologies of the future at their joint 1,500 square metre stand from September 11 to 15, 2018.
Every year, US-based truck manufacturer Paccar Inc. recognises suppliers who meet or exceed its ‘10 PPM’ quality standard – the equivalent of ten or fewer defective parts for every million components shipped to PACCAR. This year, PACCAR acknowledged 268 suppliers in 26 countries with a 10 PPM Supplier Quality award for achieving this high level of quality performance, and additionally for meeting meet demanding criteria for delivery performance, customer support, and business impact.
A fifth-place finish at the Suzuka 8 Hours has given F.C.C. TSR Honda France overall victory in the 2017-2018 FIM Endurance World Championship (EWC). Bridgestone, as the team’s exclusive supplier, says it is “particularly proud to have contributed to this incredible accomplishment.”
A further victory for Bridgestone Corporation in its battle against patent infringement was delivered by the Shanghai Intellectual Property Court, which ruled favourably in its lawsuit against Chinese tyre manufacturer Fangxing Rubber Co., Ltd. (Fangxing).