WOCO Michelin AVS
Michelin AVS (49%) and WOCO AVS (51%) have founded a joint-venture group for cooperation in the field of car vibrations. The combined turnover of the new company is around 250m Euro.
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Continental To Invest In Indian Tyre Producer
Continental has announced it will be acquiring a 15% share in Indian tyre manufacturer, Apollo Tyres. According to Indian media sources, the acquisition will enable Continental to build up a technological relationship with the Indian tyre market and there are plans to develop a truck tyre factory on a greenfield site in Pune. At the moment, neither Continental or Apollo Tyres have confirmed the partnership.
Keeping The Technic Name Alive
Last year the Technic Group – the world’s largest car tyre retreader – went into Receivership and it looked as if its assets would be sold off. However, the Technic name lives on, as the company has been purchased by Phil Blood and Lucia Farmer. Phil is one of the two original founders of Technic and Lucia is the widow of the other founder, the late Tony Farmer. Phil Blood could not say how many retreads would be made by the new company (called Technic Tyre plc) but he believes that there is a market for a quality retread. One thing is for certain; production will be a long way short of the 40,000-50,000 tyres a week which Technic was turning out at its peak. Phil’s comment on future production is “it will find its own level”. He admits that sentiment played a large part in rescuing the company with both he and Tony wanting the name of Technic to continue in the area. “Tony and I put ten years’ hard work into Technic and neither of us wanted to see it wasted” Phil commented. Some of the old Technic team are back working for the company, including Martin Gledhill and Ian Smith. Phil Blood emphasises that he is not employed by the company, he is part owner of Anguilla plc, the company which purchased Technic’s retreading assets. Bearing in mind Tony Farmer’s part in building up Technic, it was perhaps fitting that the first of the ‘new’ retreads were produced on March 1st – a day which would have been Tony Farmer’s 48th birthday. More about this in TYRES & ACCESSORIES’s March issue.
VRG Ends Consultations With Team
Surprisingly, Team and VRG could not come to an agreement in some major topics concerning the co-operation of the two German groups of tyre dealers. As a result VRG ended the consultations for the present.
Mercedes and Vergölst
Especially for Mercedes-Benz customers buying new commercial vehicles Vergölst offers a breakdown service all through the night for a fixed price.
Full-Service-Leasing Including Tyres
In co-operation with the Advance Bank ASL (Auto Service Leasing) has developed a leasing concept that includes tyre service too.
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Rally Triumph For Pirelli
With the teams Burns/Reid and Kankkunen/Repo on Subaru Impreza as well as Auriol/Giraudet on Seat Córdoba Pirelli supplied those with its PZero tyres who won the first three prizes of the “Safari-Rallye”.
Melber back again
Italian brand Melber had to leave the German aftermarket for alloy wheels last year. In co-operation with Euro Consulting and sales manager Josef Holder the company is now planning a relaunch of the brand in the German market.
Fast Fit Offered By Mercedes
In this year Mercedes wants to establish a so-called “Express-Service” covering the range from exhausts to brakes. Within one hour customers utilising this special service are assumed to be on the road again.
Speedline As An Aftermarket Brand
Speedline is a well-known producer of light alloy wheels for original equipment. However, the Italians want to improve their position in the aftermarket and thus a sales company has been formed for Germany in Ravensburg: SL Corse.
Michelin Open For Alliances
Edouard Michelin, CEO of the French tyre giant, can see opportunities for technical alliances with competitors, a French magazine reports. As an example, he cites the new tyre and wheel system ‘Pax’, which will be presented jointly by Michelin and Pirelli in Geneva.
Michelin Open For Alliances
Edouard Michelin, CEO of the French tyre giant, can see opportunities for technical alliances with competitors, a French magazine reports. As an example, he cites the new tyre and wheel system ‘Pax’, which will be presented jointly by Michelin and Pirelli in Geneva.
Bridgestone Opens Fourth Japanese Plant For Diversified Products
On February 15th, Bridgestone opened its fourth plant in Japan devoted to the production of diversified products such as high performance functional films and precision components of rubber and plastic. The factory, sited in Iwata, covers an area of 17.3 hectares, of which 2.3 hectares are under cover, and employs 130. It is Bridgestone’s 15th factory in Japan.
Titan Sales Dropped
Sales of tyre and wheel manufacturer Titan (Quincy/Illinois, USA) have dropped last year to US$ 588 million (1998: US$ 660,8 million). Striking and a bad condition of the American agriculture are assumed to be responsible for the figures showing an EBIT of US$ -11.4 million compared to US$ 8.4 million in 1998.
Cooper-Avon Adjust UK Production
Cooper-Avon Tyres has announced that it is to phase out the production of medium sized truck and bus tyres at its Melksham, UK plant. The company intends to concentrate on passenger, light truck, motorcycle and racing tyres.
