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Repairify is unifying its brands under the single name Repairify, with its new website www.repairify.co.uk designed to simplify its market proposition.
As a result, RED EU and RED Autocentres will be consolidated under the brand name Repairify, while the asTech remote solution will continue to be leveraged as a diagnostic brand name, driven by Repairify.
The first tyre manufactured at Linglong’s Serbian factory – an “all steel radial truck and bus tyre” – rolled off the production line at 6:58am on 27 June 2022 China time (23:58 European time). Whatever the precise time, production on 27 June fulfils Linglong Tire chairman Wang Feng’s commitment that the factory would enter its initial manufacturing phase before the end of the first half of 2022.
Sailun Tire Americas is planning to open a US technical centre in Chattanooga, Tennessee, USA that will develop tyres for passenger, light truck, SUV, CUV and medium truck tyres applications as well as tyres for electric vehicles. Tyre developed there will ultimately end up at both OE and replacement destinations.
China’s largest tyre manufacturer, ZC Rubber, plans to list on the Shanghai Stock Exchange and has entered the pre-listing tutoring stage. Recently, Hangcha Group, one of the principal shareholders of ZC Rubber, confirmed the news. The institution that conducted ZC Rubber’s pre-listing tutoring is China Securities.
In October, Yokohama announced that the company had appointed ex-Pirelli and ex-Prometeon executive Gregorio Borgo as its European president. Roughly nine months later, there are a number of indications that the European business is entering a new chapter, which includes plans to invest in the construction of a factory “in the heart of Europe”.
According to Federal Corporation’s 2021 annual report, which was published in mid-May 2022, on 15 October 2021, “major shareholder Nankang Rubber Tire Corp. Ltd. Nankang Rubber Tire Corp., Ltd…called an extraordinary shareholders’ meeting to obtain the management right[s].” Federal and Nankang representatives have been contacted by Tyres & Accessories for comment.
Bridgestone Americas (Bridgestone) and Dow recently announced that they have partnered to develop B-Seals, a silicone-based tyre sealant. According to the two companies, B-Seals can be efficiently separated from tyres to promote tyre repairability after a puncture. In addition, the technology is designed to enable end-of-life tyre recycling and extended tyre life.
A swap and a new addition – that’s how the changes amongst the top 10 largest automotive suppliers by turnover worldwide can be summed up. Places one to five stayed the same as last year. That means: Bosch leads the top 10, followed by Denso, Continental, ZF Friedrichshafen and Magna. Behind them, Hyundai Mobis, now sixth, and Aisin, now seventh, have swapped places compared to the ranking published last year, before Michelin and Bridgestone follow unchanged in eighth and ninth place respectively.
B-Quik Otomotif Indonesia has opened roughly a branch a month in Indonesia for the last four months.
Kerr’s Tyres Group has celebrated its 20th anniversary with its very first customer. Originally opening as Kerr’s Tyres in 2002 with a staff of three, the company has expanded both its scale and the range of services it offers over the last two decades.
Halfords Group has reported strong full-year 2022 revenue growth of +19.9 per cent compared with 2020. That means total group revenues amounted to £1.369 billion in 2022, of which £368 million came from the autocentres business – an increase of 91.9 per cent compared with 2020. Group gross margin totalled £721.7 million, of which £211.0 million came from Autocentres. Much of the Autocentres-driven growth comes via the acquisitions of Iversons and the Axle Group/National Tyres last year, however life-for-like growth of 23.4 per cent shows that business continues on an organic upward trajectory as well. As a result, Halfords Autocentres gross margin is now growing six-times faster than the group’s wider retail business.
Klarius reports that it has been using its “extensive UK stock of exhaust systems, components and accessories to limit price rises to the aftermarket” up till now. However, the continuing rises in global energy costs are now being compounded by direct sanctions on trade with Russia, which is also pushing up raw materials costs for manufacturing industry.
ATS Euromaster, which describes itself as a network of “tyre and maintenance centres”, has invested in upskilling technicians so they can work on both hybrid and electric vehicles. Technicians have been trained to IMI standards as part of a phased roll out.
Dene Arnold has been appointed as Merityre managing director effective July 2022, having worked with the company for over 40 years where he started as a tyre fitter.
Specifically, Dene Arnold will move from his current position as general manager and executive director to the of role managing director. Arnold will be takes over from Noel Pope who will become chairman. Both Noel Pope and his brother Jolyon will remain as executive directors of the company.
Repairify UK Limited has been awarded the ISO 9001 quality management standard following Red EU’s award earlier this year. According to the company, “this latest recognition reinforces Repairify’s continued investment to accelerate its scale and growth in response to the needs of the marketplace in the UK and across Europe.”
