Vipal Machinery is reporting growing sales in the USA, having sold five machines so far this year in the worlds largest tyre retreading market. According to the company, four major North American retreaders acquired the five pieces of machinery including Pete’s Road Services based in Corona, California.
Nexen Tire is introducing a new all-season tyre for light commercial vehicles. The Nexen N’Blue 4Season Van will be available in ten sizes and provide van drivers with a year-round option thanks to its 3PMSF certification.
Siemens Energy sale good for Conti group spin off – Analysts
Following the reports that Continental is in talks to sell off various parts of its wider group, analysts have responded positively to Siemens recent sale of its Energy division, saying it is good for Conti.
Upgrading their rating to “buy”, Jefferies analysts said: “Siemen’s recent spin-off of Energy gives confidence that Contis share price will benefit from its planned spin-off of Vitesco as the combined market cap of Siemens and Energy was up 7 per cent on the day of transaction (DAX +3%)” The implication, they explained, was that there was a discount in Siemens’ sum-of-the-parts valuation. That being the case, given Contis “more attractive transaction structure”, the analysts predicted that Conti’s “re-rating should be more pronounced.”
1 in 3 parents ‘putting kids at risk on dangerous tyres’ – Protyre survey
A new YouGov survey commissioned by Protyre suggests that over 30 per cent of parents could be using dangerous tyres to ferry around their children. The online survey marks this year’s Tyre Safety Month campaign from TyreSafe and its members. Simon Hiorns, Protyre retail director, said that the findings “raise concerns about how much the public are taking on board the importance of tyre safety.” He added that the company wants to “remind parents and motorists generally that tyre safety is just as important as things like seat belts and child car seats.” Protyre also revealed that the proportion of tyres demounted at its branches below the legal tread depth continues to be above 50 per cent. This, it states, shows that the need for tyre professionals to communicate the importance of checking tyre safety remains high.
Birmingham Council orders 20 double-decker hydrogen-powered buses
Twenty Wrightbus hydrogen double-decker buses have been ordered by Birmingham City Council as part of its Clean Air Hydrogen Bus Pilot. The buses will be added to the National Express West Midlands fleet and will operate from April 2021. The city already has 29 battery-electric double-decker buses in circulation and this order represents the council’s latest move to drive down emissions.
NAMA survey shows auctioneers bullish about future car sales
Auction houses continue to experience strong vehicle values, even with increased volume supply, according to the National Association of Motor Auctions (NAMA). In response to the latest NAMA survey, 40 per cent of auctioneers who responded said they expect auction volumes for cars to increase, with a further 50 per cent expecting them to remain the same. This increase is in part down to September part-exchange cars making their way to auction.
ETRMA: Corona crisis still hitting tyre industry hard
Although a mild improvement was seen within the truck, agricultural and two-wheeler tyre segments in the third quarter of 2020, the European Tyre and Rubber Manufacturers’ Association (ETRMA) reports that the results for the first nine months of this year still show that the COVID-19 pandemic is “delivering worrying sales results for the industry.”
Falken Tire takes pole position in 2020 global social media ranking
As Tyres & Accessories annual global social media ranking enters its seventh edition, this year there is a new winner. Last year’s champion, Pirelli, has fallen two places to third position. At the same time, Sumitomo Rubber Industries’ Falken brand rose an impressive eight positions to take the top spot. And Pirelli wasn’t the only well-known name to downshift, with two other brands taking retrograde steps. At the same time, in a reflection of what has taken place in the UK-only ranking, the top 10 has a new entry, with previously 10th-ranked MRF being overtaken by another large Indian tyremaker.
In October’s magazine, Tyres & Accessories takes a closer look at the latest developments in the multifaceted online tyre business. This article specifically looks at online tyre buying and pricing in conjunction with tyre pricing and selling-way data specialists Encircle Marketing. However, this is just one dimension in the online tyre business. In addition to online tyre retail, there is also the question of online marketing, an area in which social networks are playing an increasing important role (see separate article for further details). And on top of this, there is the electronic infrastructure necessary for the tyre business to participate – beginning with increasingly smart web sites and going onto integrated pricing and marketing tools.
Michelin tops 2020 UK social media ranking, Davanti enters top 10
For the fourth year in a row, Michelin can be found at the top of Tyres & Accessories’ 2020 UK social media ranking. Indeed, such is Michelin’s dominance in the annual table, only Goodyear (in 2012) and Dunlop (in 2016) have done enough to overtake the UK arm of the French tyre brand since our research began in 2011. In both cases, Michelin still managed to take second place.
No obvious successor was in sight when Michelin phased out its Energy Saver and Energy Saver+ ranges last year; the tyre maker recommended its Primacy 4 as an alternative. But the wait for a true replacement to the Energy Saver will soon be over. Next month Michelin will present what it calls its “most eco-friendly tyre range”, the Michelin e.Primacy.
The use of tracking apps will help keep trade fair visitors safe, says Koelnmesse. The organiser of The Tire Cologne, which will be held as a one-off hybrid “extra edition” next year in place of the cancelled 2020 event, has shared details of its eGuard indoor positioning system.
IMI non-executive appointments ‘extends diversity of experience’ on board
The Institute of the Motor Industry (IMI) has appointed two new non-executive directors. Dr Esther Hills, product testing and engineering manager at bp and Rachel Leech, engagement manager, Rail Safety Standards Board have been appointed “to bring a new perspective to the professional body’s services.” IMI states that the appointments come as it “focuses on supporting its members and the wider automotive sector during one of the most challenging periods for a century.”
Point S aims to double African network in next two years
Tyre retail and car maintenance group Point S has 90 points of sale on the continent of Africa, but the network wants to double that number by 2022. Present in 41 countries around the world, Point S has recorded particularly strong performance in South Africa and is targeting development via openings in new countries. It has opened locations in Cameroon and Senegal in 2020.
Vredestein expands Traxion 65 tractor tyre range to 19 sizes
Vredestein has expanded its Traxion 65 tractor tyre series. First introduced at Agritechnica 2019, Vredestein has added 15 sizes, covering a complete range from 16 to 42 inches. All 19 tyres are available for the aftermarket and various tractor brands are offering them factory fitted. The Traxion 65 series is Vredestein’s follow-up to the popular Traxion+. It was redesigned to incorporate the latest technologies developed for the Vredestein Traxion Optimall VF. Proven features, including the curved lugs and the large contact area in the middle of the tread, have been retained, with comfort and traction characteristics improved.