MTS responding to recovery in a tyre market altered wholesale
There have been serious challenges to tyre distribution in 2020, and while demand has returned with the end of the national lockdown, Covid-19’s autumn rise means the spectre of spring’s market conditions looms over the winter months. This year, companies have needed to manage the operational problems posed by the Covid-19 pandemic and lockdowns throughout Europe; they also needed to weigh up wildly fluctuating supply and demand. Whether there is a return to a concerted national effort similar to the UK’s actions in April and May or not, the lessons learned during this period continue to prove relevant. Meanwhile, the sector was already experiencing difficult times prior to the outbreak, with European tyre market demand flat overall in the light vehicle sector – a situation that certainly deteriorated in the pandemic. For the October magazines wholesale feature, Tyres & Accessories spoke to a range of players in the wholesale sector in Western Europe to look at the lessons of this year, and how recovery is progressing. We start with Micheldever Tyre Services, a leading UK player in the light vehicle tyre market especially, which has experienced a “strong” return of demand in the second half of the year, according to wholesale director Graham Mitchell.
Groupe PSA UK has added the Reliance tyre brand to its Eurorepar programme. As a result, Eurorepar Reliance-branded tyres will be available across Vauxhall, Peugeot, Citroën and DS Automobiles retailers in 23 popular sizes, with more due to join the range next year. The tyres are available in sizes ranging from 14 to 17-inches, with prices starting from just £29.46 for the 155/65 R14 75T.
Yokohama’s Prometeon bid: Delayed by Covid, but nearing completion
Yokohama’s Prometeon bid: Delayed by Covid, but nearing completion
Today Yokohama announced that it is consolidating its OTR tyre businesses into Yokohama Off-Highway Tires, which could be read as a prelude to the announcement Yokohama’s bid for the Prometeon tyre business. Roughly a year after the story broke, Yokohama’s bid for Prometeon isn’t the best kept secret in the tyre industry. Tyres & Accessories first heard talk of Yokohama’s bid for the ex-Pirelli industrial and commercial vehicle tyre business back in July 2019. The news was reported world-wide after we broke the story in September 2019, followed days later by third-party confirmation from the Chinese side of the deal. At that time, the deal was set to go public by the end of 2019. A few months later at the start of 2020, the timeframe switched to an end-of-first-quarter 2020 deadline. Then the coronavirus pandemic happened. And in the months that have followed things have gone quiet. So, where is Yokohama’s bid for Prometeon up to? The latest news is that deal is still on-track, but that there have been a few changes along the way. Here, Tyres & Accessories brings an update on the status of the acquisition and offers a different view on the deal by looking at it from a South American perspective.
Yokohama consolidates OTR tyre businesses into Yokohama Off-Highway Tires
The Yokohama Rubber Co. Ltd. is consolidating its various off-highway businesses into a single entity. The new division – Yokohama Off-Highway Tires – will include Alliance Tire Group (ATG), which Yokohama bought four years ago and Yokohama’s off-the-road (OTR) tyre businesses across the globe. The move can also be interpreted as a prelude to the announcement of the result of Yokohama’s bid for the Prometeon tyre business, talks about which got underway last year.
New Sice website features virtual training centre tour
Sice has launched a new website after analyzing visitor statistics from the last few years. In response, the new Sice.it site been rationalized allowing “more intuitive navigation between the various sections, giving priority to products”.
Sailun named Transportation Partner for World Child Cancer
2020 marks Sailun’s 5th year supporting World Child Cancer as the transportation partner, alleviating the financial burden for families of children with cancer. Financially, Sailun continues its pledge to World Child Cancer – which supports children with cancer in the low and middle-income world – with a recent 50,000 euro donation.
Consultation on Motor Vehicle Block Exemption launched: NFDA and AECDR respond
The European Commission has this week launched the public consultation on the Motor Vehicle Block Exemption Regulation (Commission Regulation (EU) No 461/2010). The purpose of the consultation is to assess whether and to what extent the objectives of the Motor Vehicle Block Exemption Regulation (MVBER) are fulfilled. Motor vehicle distribution and after-sales agreements are currently subject to Commission Regulation (EU) No 461/2010 (MVBER).
GS Yuasa batteries installed in ground-breaking Portsmouth Port electric vehicle charging station
Portsmouth International Port now has the capability to power electric vehicles at a green and cost-effective rate thanks to battery manufacturer, GS Yuasa. Expert engineers have successfully installed their industry-leading lead acid and lithium-ion batteries into a cutting-edge dual chemical battery system.
Magna Tyres Group launches portal for European market
The Magna Tyres Group has announced the launch of a new tool for dealers – the Magna tyres Portal. The company has steadily built up an extensive global dealership network and the new portal is Magna’s response to the dealers’ growing need for product details, marketing materials and technical information to be readily available. As the product range has expanded, so has the demand from the market for this information to be available online 24/7.
Mr Tyre makes it 35 with Ashton tyre retail centre
Mr Tyres has opened a new branch in Aston-under-Lyne, Greater Manchester. With the additional of the Ashton-under-Lyne centre, Mr Tyre now has a total of 35 locations across the Midlands and North West of England.
Building on foundations of growth – GRI MD talks with T&A
Global Rubber Industries (Pvt.) Ltd. (GRI) has spent the last 18 years since its foundation cultivating its niche in the industrial, agricultural and construction tyre sectors. With ambitious capacity and expansion plans underway, Tyres & Accessories interviewed managing director Prabhash Subasinghe and learnt more about the company’s plans to build on its growth foundations.
This interview appears in full in the November edition of Tyres & Accessories magazine. Not yet a subscriber? You can change that here.
2020 tyre brand social media ranking: Where the numbers come from
As popular as our annual social media ranking is, we are often asked where we get the numbers from. Our table is designed to be as transparent as possible, but in order to offer a little more detail, here’s a description of our methodology.
Russian OTR tyre operation is Marubeni’s model for future expansion plans
Another example is the establishment of Marubeni Rubber RUS LLC (MRR) in February 2019. In this case the Marubeni Corporation chose to connect with Russia’s very active mining industry due based on the country’s rich natural resources. Marubeni has been selling rubber materials, mainly OTR tyres to such customers since the 1970s but, through the establishment of MRR, Marubeni plans to strengthen its sales capacity and ability to meet the demand of both small- and large-scale mines.
Marubeni re-brands Indonesian tyre retail chain as B-Quik
Marubeni is well-known for its range of tyre-related investment interests. While the conglomerate began in Japan, recent additions in Russia and US-based Tyrata demonstrate the diversity of its tyre-related portfolio.