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The Truck Hub Group, formerly MWheels, in liquidation, German subsidiary ‘unaffected’

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Lots in the stock liquidation auction include aluminium wheels for commercial vehicles

The European importer of Indian manufactured xlite and xbrite aluminium forged commercial vehicle wheels, The Truck Hub Group has been placed into creditors’ voluntary liquidation following unsuccessful attempts to sell the business at the end of 2022. The company traded as The Wheel Hub, based in Sharston in south Manchester, having changed its name from MWheels in early 2021. This was one of a number of transformational changes for the company in recent years, with the establishment of a European operation, Wheel Hub GmbH in the Cologne region of Germany, which is “unaffected” by the liquidation proceedings. Further details of the company’s stock liquidation sale can be found here.

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EU extends duties on aluminium wheels from China

On 19 January, the European Commission extended anti-dumping duties on aluminium road wheels from China for a further five years. The extension follows an expiry review investigation, which showed that these wheels continue to be dumped on the EU market and that industry within the European Union would suffer significant harm if the measures were allowed to lapse.

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Borbet’s Solingen wheel factory to close

Borbet

The Borbet wheel factory in Solingen, Germany will close on 31 December 2022. The wheel manufacturer told its workforce on Monday 28 November at a works meeting. Around 600 employees are affected. All previous attempts to find an economically viable future for the location had failed. A transfer company will be set up.

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Ronal and Speedline Corse wheels exhibiting at Essen Motor Show 2022

Ronal Group

After a two-year absence due to the pandemic, the Ronal Group is returning to the Essen Motor Show to present both its Ronal and Speedline Corse brands of wheels. In addition new products from these brands, visitors will see the Energy Wheel concept, the exactly meaning of which is being revealed on-show.

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Iochpe-Maxion adheres to “long-term strategic development”

Arno Borchers/Profil Verlag

Iochpe-Maxion increased its sales by at least 29.2 per cent worldwide in the past nine months to 12.79 billion Brazilian real (2.47 billion euros). Since pre-tax profits (EBIT) rose meanwhile by only 4.6 per cent to 1.1 billion real (208 million euros), the EBIT margin of the world’s largest wheel manufacturer fell by two percentage points to 8.4 per cent.

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Maxion Wheels adding forged aluminium products to CV portfolio

The truck steel wheel plant that Maxion Wheels and Inci Holding have jointly built in Turkey is ready to open, and during last week’s IAA Transportation show the two companies additionally announced plans to set up a facility for manufacturing aluminium commercial vehicle wheels. Maxion Wheels says adding forged aluminium commercial vehicle wheels “rounds out” its globally leading steel wheels portfolio, making Maxion a “one-stop option for truck and trailer manufacturers.”

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Maxion Wheels joins ‘responsible’ aluminium, steel organisations

Maxion Wheels has joined non-profit bodies the Aluminium Stewardship Initiative (ASI) and ResponsibleSteel, and claims as such to be the first wheel manufacturer to become a member of these organisations committed to the responsible sourcing, production and use of aluminium and steel.

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Solar power decarbonising Maxion’s production

In markets where green electricity is not readily available from the grid, on-site solar power generation is an important way of bridging the green energy gap. The Maxion Wheels Saraburi plant in central Thailand is the company’s first to use solar energy to decarbonise aluminium wheel production.

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Virtual plant aiding Maxion Wheels’ production efficiency

In order to optimise the efficiency of its aluminium wheel production facility in Limeira, Brazil, Maxion Wheels has created a virtual replica of the plant’s production processes. By employing ‘Digital Twin’ technology, the world’s largest wheel manufacturer can anticipate how the actual plant performs under specific conditions, thereby ensuring it achieves the highest levels of efficiency and efficacy. Maxion now intends to roll out the technology at other facilities around the world.

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Wheelwright sold in management buyout

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Wheelwright Limited’s management team recently acquired the company from previous managing director Kevin Greer through a management buyout process. According to the company, “this means that Wheelwright Limited is now owned and operated by the same team of experienced enthusiasts that helped the Kent-based company achieve its existing position as the country’s leading supplier of aftermarket wheels and chassis-related products.”

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No damage from fire at Borbet production facility

Wheel manufacturer Borbet says that production is continuing “without disruption” after a fire at its Solingen site in Germany. Fire services were called out on Tuesday to deal with a thermal reaction in an outside IPC container in which aluminium sludge was stored for disposal.

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New Ronal R68 multi-spoke wheel

Ronal

The Ronal Group is launching the R68 multi-spoke wheel to complement its aftermarket range. The new wheel features “20 opposing yet interrelated spokes” which “merge into a single technical and visual unit”. The R68 is available with two different surface finishes – jet-black as well “hyper grey”, which is a new Ronal colour.

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Heuver distributing Xlite range in Europe

Netherlands-based tyre wholesaler Heuver is now a European distributor for the Xlite range of aluminium truck wheels. These wrought aluminium truck wheels, produced in accordance with TÜV and ISO9001 norms, are stronger yet 40 per cent lighter than a standard steel equivalent.

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Chinese wheelmaker opens second production line in Morocco

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Moroccan Department of Industry

Aluminium casting and automotive parts specialist, Citic Dicastal kicked off production at its second aluminium wheel factory in Morocco at the end of December 2020. With a budget of 350 million euros, the Chinese wheelmaker aims to double its capacity in Morocco to 6 million wheels and create a total of 1,250 jobs. According to local news reports, the Dicastal-made wheels are destined for vehicles made by the French OEM PSA Group as well as exports.

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