Featured Articles
UK News
Imexpart rebrands to UPG UK & Ireland
31st July 2025Imexpart Ltd (IMEX) is to rebrand as UPG UK & Ireland. The move comes two years after the parts distributors merged in 2023. The business has undergone a period of strategic development, refining internal operations, modernising customer engagement and expanding its product offering. This name change brings the brand identity into full alignment with its parent company and global vision.
Continue ReadingCompany News
Iveco Group sold to Tata Motors
31st July 2025Iveco Group N.V. and Tata Motors Limited have reached an agreement for Tata to buy Iveco and “create a commercial vehicles group with the reach, product portfolio and industrial capability to be a global champion in this dynamic sector.”
Continue Reading
Strategic acquisition will cement Doublestar’s control of Kumho Tire
As reported last October, Qingdao Doublestar Co., Ltd. is working towards significantly deepening its control over South Korean tyre maker Kumho Tire through a complex but strategically crucial transaction valued at nearly RMB 4.93 billion (£509.1 million / US$687.1 million). By doing so, it will gain indirect but consolidated control of 45 per cent of Kumho Tire's equity.
Continue ReadingT&A interviews Point S International CEO Fabien Bouquet
In an ever-evolving automotive aftermarket, the tyre retail industry faces unprecedented challenges and opportunities. Tyres & Accessories recently sat down with Fabien Bouquet, CEO of Point S International, to reflect on the past two decades of market transformation. From shifting profit models to the complexities of stock management and the impact of global trade dynamics, Bouquet offers a compelling perspective on how independent tyre dealers can navigate this changing landscape. The focus is
Continue ReadingGT Radial ClimateActive launches in Europe
Giti Tire brand GT Radial has launched the ClimateActive. The new all-season tyre pattern will sit alongside the popular GT Radial 4Seasons, which will remain available in 13-14” sizes. The ClimateActive features reduced rolling resistance, with up to 15 per cent improvement in wet performance, resulting in an A rating for wet grip, while still retaining long-lasting mileage, according to the manufacturer. The tyre arrives in Europe with a broad 15-21” size range, covering a total of more th
Continue ReadingTyre Recovery Association announces plans for 16 September Forum Day – ‘After India’
The UK’s Tyre Recovery Association will discuss the question of whether the government will end export of baled whole tyres and deliver on its objective of a zero-waste circular economy at its annual Forum Day on 16 September. The event, held at the Ardencote Hotel in Warwick, follows a Westminster Hall debate on the handling of waste tyres in April, during which Mary Creagh, Labour’s waste minister committed to “a little more action under this government” and “to stop outsourcing our
Continue Reading“Unstable & highly unpredictable times” – Michelin reports lower H1 2025 sales, income
Net income at Michelin fell 27.7 per cent year-on-year in the first half of 2024, pushed down by a mixture of lower sales and tyre volumes, particularly in the original equipment segment. This €840 million net income equates to earnings per share of €1.18, down from €1.62 in Q1 2024.
Continue ReadingStrategic acquisition will cement Doublestar’s control of Kumho Tire
As reported last October, Qingdao Doublestar Co., Ltd. is working towards significantly deepening its control over South Korean tyre maker Kumho Tire through a complex but strategically crucial transaction valued at nearly RMB 4.93 billion (£509.1 million / US$687.1 million). By doing so, it will gain indirect but consolidated control of 45 per cent of Kumho Tire's equity.
Continue ReadingT&A interviews Point S International CEO Fabien Bouquet
In an ever-evolving automotive aftermarket, the tyre retail industry faces unprecedented challenges and opportunities. Tyres & Accessories recently sat down with Fabien Bouquet, CEO of Point S International, to reflect on the past two decades of market transformation. From shifting profit models to the complexities of stock management and the impact of global trade dynamics, Bouquet offers a compelling perspective on how independent tyre dealers can navigate this changing landscape. The focus is
Continue Reading