Tyre bay equipment supplier Tyre Stuff has introduced a new range of air tools to the market.
Because tyre businesses use air tools for the removal of wheel nuts, tyre buffing as well as exhaust cut offs, they need tools they can rely on. With this in mind, Tyre Stuff has sourced a new range of air tools from Fore.
Sigmavision wins venture capital from Mercia Fund Managers consortium
Sigmavision Ltd has announced that it has gained a major financial investment, which the company says will be used to “further accelerate the company’s rapid growth”. The funding comes from a consortium led by Mercia Fund Managers, which has invested “a significant undisclosed sum”, with the option of “substantial follow-on funding”.
Back in September 2018 Pirelli announced that the system it had developed for the monitoring and management of tyres had been renewed. As a result, the company launched two technological solutions at the IAA Commercial Vehicles in Hannover - Cyber Fleet Smart and Cyber Fleet Gate – both of which represent the company’s latest engagement with the digital revolution.
Kumho USA appoints new CEO amidst global reshuffle
Kumho Tire USA has announced that Samuel Choi has succeeded Harry Choi as CEO. According to the company, Harry Choi is stepping down “to pursue new career opportunities” after six years leading Kumho’s US headquarters. Kumho reports that the transition comes as a part of a global shift in key executive management roles geared to positively reinforce the company for the present and future.
The Independent Automotive Aftermarket Federation (IAAF) has announced that exhaust supplier Opera Automotive has joined as a member.
The sign-up is another significant endorsement for the IAAF, as it heads towards the end of a very successful 12-month period that has seen regular, ongoing enrolment to its membership from all corners of the aftermarket, including other major suppliers, factors and automotive-related services.
Exol Lubricants wins top industry award for best supplier
Exol, the UK’s leading independent lubricants company, has won the award for ‘CV Supplier of Excellence’ at the prestigious IAAF (Independent Automotive Aftermarket Federation) Annual Award Ceremony 2018 held at the DoubleTree by Hilton, Milton Keynes on 6 December.
KYB UK is supporting the Row to Raise endurance challenge
KYB UK is sponsoring an inspirational parathlete, Kelda Wood, as she sets off next week to become the first adaptive person ever to solo row the Atlantic Ocean in the Talisker Whisky Atlantic Challenge.
Guardians of the Ford Galaxy: New Klarius exhausts available now
Thirty-three new aftermarket exhausts have been introduced to the Klarius Products European emissions control range, covering a multitude of popular vehicle applications. Designed to deliver equivalent performance and efficiency to the OEM component, the entire 10,000+ product range is available from regional European distributors with same or next day delivery.
Scandinavian Enviro Systems AB has signed a memorandum of understanding with EE-TDF Cleveland, LLC, a US tyre-recycling company. The agreement remains in effect for six months, has an option to extend, and opens up opportunities for additional joint venture plants with an annual recycling capacity of 30,000 tonnes tyres.
Goodyear Venezuela employees get tyre severance package
Numerous news sources are reporting that, following the closure of Goodyear’s Venezuela factory, ex-employees are being given 10 tyres each as part of their severance payment.
Goodyear Tire and Rubber has ceased tyre production Venezuela. In a statement the company said the local economy and US sanctions were behind halting production:
EVO Corse and Arcasting, two Treviso, Italy-based companies specializing in the manufacturing and sale of alloy wheels, have signed a technical and commercial agreement for the production and management of the race line of Arcasting wheels. The agreement is effective 1 January 2019.
Specialist Automotive Global Skills Centre opens at MIRA
MIRA Technology Institute (MTI), a partnership between North Warwickshire and South Leicestershire College, Horiba MIRA, Coventry University, Loughborough University and the University of Leicester has officially opened at MIRA Technology Park (MTP). The institute, went into operation in September, was created to satisfy an ever-increasing demand for specialist skills in the automotive sector, with a focus on the growth of new and disruptive technologies.
Magna Tyres Group has opened a new regional office in South Africa. In recent years, Magna Tyres has been extremely successful in South Africa and the neighbouring countries. According to the company, the objective is to increase market share, focus on improving customer relationships and satisfaction in this high potential region.
Cawleys, one of the UK’s leading, independently-owned recycling companies, has signed a tyre supply and maintenance agreement with Vacu-Lug Tyre Management.
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