
Giti Tire extends evo track day partnership, focus on GT Radial SportActive
Giti Tire has extended its track day partnership with leading performance car publication evo into 2017. The tyre manufacturer will focus particularly on the promotion of the GT Radial SportActive, targeting all event attendees and evo magazine readers. Throughout the year five track evenings will take place, with three at Rockingham Motor Speedway in May, August and September and two at Bedford Autodrome in July and September.
Continue Reading
MWheels appoints European supply chain manager
MWheels has appointed Mike Cornwell to the newly created post of European supply chain manager, following a three-month senior consultancy role. The wheel distributor, formerly known as Motor Wheel Service Distribution (MWSD), states that Cornwell has already introduced “a market-leading sales and operations planning process along with a structured sales forecasting methodology” and “will further develop integrated systems with service partners and suppliers to improve distribution efficiency” for MWheels’ full commercial wheel range.
Continue Reading
Blackcircles founder appointed strategic advisor at US online tyre retailer
Mike Welch, the founder of UK online tyre retail website Blackcircles.com, has been appointed to the board of US online tyre retailer SimpleTire. Welch has taken up the position of strategic advisor for the company, which sources inventory from independent suppliers and ships to the customer’s chosen location.
Continue ReadingKumho Tire’s creditors accept proposal
Nothing now stands in the way of Qingdao Doublestar Tire’s acquisition of a 42.01 per cent share in Kumho Tire. Last Friday, the creditors of Kumho Tire accepted the offer made by Kumho Asiana.
Continue Reading
Membat shares results of further TÜV SÜD tests
Following on from the TÜV SÜD testing carried out for Membat last year, the tyre brand commissioned the testing and certification specialist to once again compare Membat tyres against rival products. This time the Membat Passion was tested in size 205/55 R16 91 V against B segment brand products manufactured by Michelin and Continental (Membat hasn’t disclosed the specific brand or product family). Membat comments that “the results speak for themselves.”
Continue ReadingYokohama raises H1 2017 projections
Yokohama Rubber has revised its projections for interim sales and earnings for the first half of 2017. These latest projections replace those announced on 20 February. The company’s projection for net sales has increased 3.3 per cent to 310.0 billion yen (£2.1 billion), the projection for operating income has been increased 28.6 per cent to 18.0 billion yen (£123.4 million), and the projection for profit attributable to owners has been pushed 46.7 per cent upwards to 11.0 billion yen (£75.4 million).
Continue Reading
Triangle holds “2017 Global Summit”
Triangle Tyre held its “2017 Global Summit” in the coastal city of Rongcheng – China, not far from the firm’s headquarters in Weihai between 27 and 29 June. The Global Summit’s aim was to foster and strengthen relationships with worldwide business partners, share the next stages of the companies’ evolution and in particular the targeted acceleration of the company’s presence in the global market.
Continue Reading
The clock is ticking for combustion engines and conventional tyres
The UK government has decided to ban the sale of both new petrol and new diesel cars from 2040. The goal isn’t as ambitious as Norway’s, which aims to do the same by 2025. India thinks it can do it by 2031. And France is on par with the UK, also aiming to ban sales of new combustion engine-based cars by 2040. However, in the UK at least, electric cars sales currently represent less than 1 per cent of new registrations. Therefore a lot has to happen between now and 2040 for this new rule to become reality. What is clear is that there is now real legislative momentum in favour of electric vehicles in the UK and that this will have an inevitable impact on OE suppliers, and in turn the UK replacement tyre market, especially in three key areas: weight, torque and rolling resistance.
Continue ReadingZC Rubber installs artificial intelligence system
ZC Rubber has installed a smart factory project based on the ET industrial brain artificial-intelligence (AI) service system for manufacturing launched by Alibaba Cloud. The goal is to “greatly improve the production in the factories”, according to the company. The cooperation between ZC Rubber and Alibaba Cloud reportedly started at the end of 2016.
Continue Reading
Sonne appoints new business development manager
Hella’s paint brand, Sonne, has grown exponentially in the past year, which is why the team behind the popular brand is introducing Colin Thompson into the Sonne group, as its new business development manager, Thompson has a wealth of knowledge and experience that has been accrued in successful roles within the automotive industry. He specialises in refinishing, tools and equipment and service segments.
Continue ReadingBrembo reports 12% EBIT growth
Leading Italian brake maker Brembo reports that its revenues increased 10.1 per cent to 1,262.4 million euros in the first half of 2017. During the same period pre-tax profits (EBITDA) grew 12.8 per cent to 255.5 million euros. EBITDA margin was over 20 per cent.
Continue Reading
Hella Hengst cabin filters offer ‘additional profit opportunity’
Regular replacement of the cabin filter is crucial for effective operation, and as traffic on roads worldwide has increased, so has its impact on air quality. These roadside pollutants can reach a car’s driver and passengers through its ventilation or air conditioning ducts. Prolonged exposure to high pollution whilst driving is not only unpleasant; it can have a serious effect on the health of the vehicle’s occupants. Microorganisms accumulate inside the car, potentially multiplying to much higher concentrations than normal. Such a high level of bacteria inside the vehicle can lead to a range of health problems, including more serious issues like asthma and allergic reactions.
Continue Reading
Revive to exhibit at Autosport International 2018
Revive has announced its intention to exhibit at Autosport International 2018, Europe’s largest pre-season motorsport event.
Continue ReadingMP visits NFDA member
The Rt Hon Nicky Morgan MP visited National Franchised Dealers Association (NFDA) member, Inchcape Mercedes-Benz dealership in Loughborough on Friday 21 July 2017. Morgan, who is Member of Parliament for Loughborough, and recently appointed chair of the Parliamentary Treasury Committee, was on a site visit to discuss the general workings of the dealership and the sites local significance.
Continue ReadingNational Grid warns of ‘dramatic’ jump in electricity demand, due to electric vehicles
A dramatic growth in electric vehicles on Britain’s roads could see peak electricity demand jump by more than the capacity of the Hinkley Point C nuclear power station by 2030, according to National Grid.
Continue Reading