News Archives - Page 1312 of 3638

ATS Euromaster Dunstable wins safety award

5th August 2016

ATS Euromaster’s Dunstable centre has won an International Safety Award from the British Safety Council. The centre was nominated by Andy Drake, Health and Safety Advisor at ATS Euromaster, following a routine assessment where the team was found to have an exceptional commitment to safety.

Strength in numbers: 5 German tyre wholesalers announce cooperation

5th August 2016

Regional European tyre wholesalers have faced several tough years, and perhaps none more so than those based in Germany. The level of transparency within this market, strong competition from online operators and low shipping costs have conspired against German tyre wholesalers and devoured turnover. We saw the country’s largest wholesaler, Reifen Ihle Baden Baden, snapped up by Michelin in 2014, and the following year the French tyre manufacturer also acquired another struggling independent wholesaler, Meyer Lissendorf. Business remains tough for independent players, and five regional wholesalers are now joining forces to take advantage of synergies and maximise their chances of survival.

Stapleton’s continues to make case for UK winter tyre market

5th August 2016

For a nation so interested in weather that its obsession has become a national cliché, the UK winter tyre market has continued to elude growth, yet this is not preventing wholesaler Stapleton’s from continuing to make the case for winter tyres. The company stocks a range of premium and house brand seasonal fitments, in which it continues to see potential from both a driver safety and dealer profit perspective. Following the UK’s wettest June since records began in 1910, giving us the impression of a very short-lived summer, Stapleton’s suggested that perhaps it won’t be too much of a wrench to turn our thoughts to the coming winter, the challenges it brings for drivers, and the opportunities for tyre retailers that come in the form of winter tyre sales.

GT Radial Maxmiler WT2 van tyre features improved braking, snow performance

5th August 2016

Launched at Reifen 2016, Giti Tire’s objectives for its new winter van tyre, the GT Radial Maxmiler WT2, included improvements in wet performances and safety within commercial operations, UK managing director Brian McDermott told Tyres & Accessories. At the same time, the manufacturer wanted to maintain good winter performances proven in press tests, and its high mileage in comparison with competitors. “The tyre achieved all the above targets,” he said.

Bridgestone launches winter version of DriveGuard

5th August 2016

Following the launch of its Reifen 2016 Innovation Award winning runflat tyre for almost every car fitted with TPMS, Bridgestone has added the DriveGuard Winter. The extended mobility and safety benefits enjoyed by drivers fitting the DriveGuard have been given a new seasonal dimension, with the technology now available in a winter tyre. Bridgestone adds that, like the summer version, the DriveGuard Winter offers high standards of cold weather performance.

Cooper Tire achieves higher operating profit, net income in Q2 2016

5th August 2016

Cooper Tire & Rubber Company has reported second quarter 2016 net income of US$71 million, an 18.3 per cent year-on-year increase on the net income achieved a year ago. Commenting on the tyre maker’s Q2 2016 result, chairman, chief executive officer and president Roy Armes noted that “Cooper closed the first half of 2016 with another outstanding quarter.”

Cooper Tire’s acquisition of Chinese tyre maker to close by year’s end

5th August 2016

At the start of the year, Cooper Tire & Rubber confirmed its intention to acquire a majority interest in Chinese truck and bus radial manufacturer Qingdao Ge Rui Da Rubber Co., Ltd (GRT); the plan is to initially purchase a 51.86 per cent equity interest in the joint venture company from Qingdao Yiyuan Investment Co., Ltd., with Cooper Tire Holding Company obtaining a further 4.32 per cent; the registered capital in GRT will then be increased from RMB 350,000,000 to RMB 438,236,991, the result being that Cooper Tire & Rubber’s share will rise to 60 per cent share and Cooper Tire Holding Company’s to five per cent.

Bridgestone acquisition of Speedy France completed

5th August 2016

Following the acquisition of all necessary approvals on 28 July, Bridgestone EMEA has completed the 100 per cent acquisition of fast fit network Speedy France. Bridgestone EMEA announced its plan to acquire the French retail chain on 30 May 2016.

Avon Tyres launches new WV7 and WT7 winter fitments

4th August 2016

Avon Tyres has launched two new winter tyres developed to provide a wide range of motorists with 13-18 inch fitment options: the WV7 and WT7. The Avon WV7 is a performance winter tyre, with increased sipe density to improve traction in snow, ice, slush and wet weather.

Falken launches Eurowinter PCR, van cold weather tyres

4th August 2016

Falken has unveiled new car and van winter tyres. The new high performance Eurowinter HS01 car tyre is the product of two years of development and thousands of testing miles, Falken says. One product of this period is the new 3D siping used in the innovative new tread design, which Falken calls Miura-Ori sipes. The tread also has interlocking grooves that help to handle tough winter conditions. The tyre is described by Falken as its latest high-tech product.

Pro Flow water pumps offering OE quality for the aftermarket from Wales

4th August 2016

Sourcing high quality aftermarket automotive components can be a real mine field. There are plenty of good manufacturers out there, but there are an equal number of low quality products flooding the market which have not been manufactured to any recognised standard. Mechanics can rest easy when they specify Pro Flow water pumps from Mark Water Pumps. Every pump is manufactured under one roof in Wales and comes from the same production line as OE pumps destined for leading prestige brands.

CMA car insurance recommendations ‘do not address issues’ – RMI Bodyshops

4th August 2016

The final requirements of the Competition and Market Authority’s (CMA) Private Motor Insurance Order were brought into effect on 1 August. It is claimed that the requirements, which apply to all providers of private motor insurance, have been put into place to reduce premiums for drivers. However, RMI Bodyshops (NAB & VBRA) feel that the requirements are not, in themselves sufficient to reduce premiums.

July new van market ‘steady’ says SMMT

4th August 2016

The new van market achieved a steady performance in July – down just -0.2 per cent – with nearly 25,000 new LCV registrations last month, according to figures released today by SMMT.

Slight July car registrations increase gives reason to be cautious

4th August 2016

Figures released by the SMMT show that UK new car registrations experienced a very slight increase in July, up 0.1 per cent for the month, at 178,523 units. 1,599,159 new cars have been registered so far this year, putting demand in the year-to-date 2.8 per cent higher than for the same period in 2015, following a strong first quarter. Fuelled by a possible inflection point in the market – two years of strong car registrations figures have built up a wave of two-three year old used cars that could detract from new car purchases – and the as-yet unseen effects of the Brexit decision, some are advising a note of caution.

Titan International reports net loss for Q2 2016

4th August 2016

The decline in the market for high horsepower tractors and combines in North America continues, and this ongoing trend has left a sizable dent in Titan International’s second quarter revenues. Sales for the three months to 30 June 2016 amounted to US$330.2 million, 12.2 per cent below sales for the previous year’s corresponding quarter and 44.3 per cent less than sales in the second quarter of 2013, prior to the start of the downturn. Gross profit for the quarter amounted to $45.1 million, 13.7 per cent of net sales, an 11.7 per cent year-on-year reduction and 48.0 per cent below the second quarter 2013 gross profit. The net loss applicable to common shareholders was -$3.8 million, compared with a net income of $9.4 million a year ago and net income of $23.2 million in the corresponding quarter of 2013.

« Previous 1 … 1,310 1,311 1,312 1,313 1,314 … 3,638 Next »

ATS Euromaster Dunstable wins safety award

Strength in numbers: 5 German tyre wholesalers announce cooperation

Stapleton’s continues to make case for UK winter tyre market

GT Radial Maxmiler WT2 van tyre features improved braking, snow performance

Bridgestone launches winter version of DriveGuard

Cooper Tire achieves higher operating profit, net income in Q2 2016

Cooper Tire’s acquisition of Chinese tyre maker to close by year’s end

Bridgestone acquisition of Speedy France completed

Avon Tyres launches new WV7 and WT7 winter fitments

Falken launches Eurowinter PCR, van cold weather tyres

Pro Flow water pumps offering OE quality for the aftermarket from Wales

CMA car insurance recommendations ‘do not address issues’ – RMI Bodyshops

July new van market ‘steady’ says SMMT

Slight July car registrations increase gives reason to be cautious

Titan International reports net loss for Q2 2016

We see you are visiting us from China.