
Bognor automotive firms team up to help keyworkers
Global automotive parts supplier WAIglobal UK, based in Bognor Regis, has teamed up with Bognor Motors to offer 100 emergency services workers and NHS staff a free vehicle disinfectant clean, using its new product Steri-7. WAI’s latest product thoroughly disinfects the inside of a vehicle and kills 99.99 per cent of all bacteria, viruses and spores on the surface. Once the inside of the vehicle has been left to dry, a reactive barrier is created on the surface, which will then regenerate to give up to seven days’ added protection.
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Schaeffler postpones Blackpool Repxpert Academy LIVE
Schaeffler has postponed the Repxpert Academy LIVE event planned for June 20th at Blackpool & The Fylde College. “The current restrictions on social distancing and mass gatherings mean that we have had to put all Repxpert Academy LIVE events on hold for now, so we are looking at other ways to help garages get ‘back on track’” explained Schaeffler Training Manager, Alistair Mason.
Continue ReadingPirelli reports 20% 1Q sales decline
Pirelli & C. S.p.A reported revenues of 1,051.6 million euros in the first quarter of Q1 2020 ended 31 March 2020. This represents a decline of 20 per cent compared to the same period in 2019.
Continue ReadingWrongful trading rules relaxed
The government has temporarily suspended the wrongful trading rules to ease the pressure on businesses. What do you need to know? Ordinarily, directors may become personally liable for a company’s debts if they allow the business to continue trading in the knowledge that it is unable to meet its debts and liabilities. This is called wrongful trading. However, the coronavirus outbreak has caused unexpected cash flow problems for many.
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A’ Design Award 2020 for Maxxis T Razr concept tyre
Maxxis has been recognised for its adaptable tyre and wheel assembly concept, the T Razr. The innovation was presented with the silver award in the 2020 A’ Design Awards, organised by organized by OMC Design Studios SRL, based in Como, Italy. Maxxis states that the design is inspired by the need to bring “a safer, more economical tyre solution to the global tyre market.”
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First Michelin Tweel delivered in Northern Ireland
A farmer in Northern Ireland has become the first person in Northern Ireland to put Michelin’s X Tweel SSL airless tyre and wheel combination into operation. Michelin has offered its range of Tweel products for grass mowing, agricultural and industrial applications in North America for several years, but its fitment for skid-steer loaders is the first Tweel product to arrive this side of the Atlantic.
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Equipe Auto considers ‘change in positioning’
With coronavirus having hit mass-gatherings most of all, trade shows and exhibitions have felt negative pressure more than most segments. Following a run of cancellations and postponements the organisers of the Paris motor show, Equipe Auto, are hinting that they are considering a “change in positioning”. Details, however, were elusive. The next Equipe Auto is schedule for 12-16 October 2021.
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Sailun Europe appoints Gareth Passmore senior vice president
Sailun Group has appointed Gareth Passmore as senior vice president (PCR and TBR Tyres). The manufacturer states that his appointment is designed to strengthen the company’s management team in Europe, aligned with its objective of growing its European market share. Passmore is making his return to Sailun having previously served as president of Sailun Jinyu International in 2016-17. Fluent in several languages, Passmore has previously held a number of international focused roles with Falken, Apollo, and Continental.
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Hankook loses holding company naming dispute
Hankook Tire won’t be able to call its holding firm Hankook Technology Group after a court decided that Hankook Tire used the name for unfair purposes. As a result, Hankook Technology Group will no-longer be able to use that name on the Kospi share index either.
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Silverstone to host two grands prix in conditional deal
Formula 1 and Silverstone have reached an agreement in principle for the circuit to host two grands prix behind closed doors this summer. The races will need to get UK government approval to go ahead. In a message distributed on Twitter, Silverstone managing director Stuart Pringle said: I am delighted to confirm that Silverstone and Formula 1 have reached an agreement in principle to host two races behind closed doors this summer.
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Garage reopening best-practice issued by GEA, SMMT
The Garage Equipment Association (GEA), Independent Automotive Aftermarket Federation (IAAF), the Institute of the Motor Industry (IMI), the Scottish Motor Trade Association (SMTA) and the Society of Motor Manufacturers and Traders Ltd (SMMT) have published a best practice guide outlining the necessary steps for garages exiting lockdown.
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Continental AG measures ‘encouraging’, but R&D budgets and European tyre factories could be cut – analysts
Financial analysts from Jefferies described Continental AG’s plan for fiscal improvements during the corona-crisis “encouraging”, according to an analyst report published 15 May 2020. That Conti’s management highlighted “positive data points in China and the European replacement tyre market”, would seem to be positive indications for the whole tyre business. Specifically, replacement tyre demand was described as “strong” in Germany. However, R&D budgets are likely to be cut and there was even the suggestion that European tyre factory numbers could also be cut back.
Continue ReadingTireScanner appoints three ex-Blackcircles execs
In addition to reporting strong first quarter 2020 sales growth, Tirescanner reports that it has added more locations, and has added three new senior figures to its ranks. Graeme Bissett, previously chairman at TireScanner founder Mike Welch’s previous tyre business Blackcircles.com for 12 years, will advise the board on governance, finance and strategic matters.
Continue ReadingTirescanner reports 400% sales growth in first quarter
Tirescanner, the US-based tyre e-commerce, has announced sales and customer growth of 400 per cent in the quarter covering January, February and March 2020. April and May have continued the same trend with the company predicting another record quarter.
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Horiba MIRA reopens, becomes ‘Covid-Secure’
Test centre Horiba MIRA has fully converted its facilities into ‘COVID-Secure’ operations in three weeks. On 13 April the company suspended most physical operations at its expansive 850-acre site in Nuneaton and a further facility in Basildon, but safely welcomed the first wave of furloughed employees back to both sites by 4 May, well ahead of the UK government guidelines issued this week.
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