It’s no surprise that considerably more new cars were sold throughout the European Union in May 2021 than during the corresponding month of last year. Indeed, upon reporting the 891,665 new registrations for the month, a 53.4 per cent year-on-year increase compared with May 2020, the European Automobile Manufacturers’ Association (ACEA) notes that the bar was set low by the lockdowns and various restrictions in place throughout Europe a year ago. In order to place the latest registration figures into context, the ACEA points out that no less than 1.2 million passenger cars were sold within the region in May 2019, 26.7 per cent higher than last month’s figure.
Sri Lankan tyre maker GRI Tires strives to be a responsible company that always recognises the importance of giving back to the country and its people, especially in times of need. Managing director Prabhash Subasinghe states that it “is ingrained in our DNA as an organisation to give back to society.”
Kumho Tire Europe has a vision to “grow into a major brand,” shares Namhwa Cho. Speaking with the CEO Edit, a show presented outside the UK by BBC StoryWorks, the Kumho Tire Europe president spoke about the tyre maker’s aspirations as well as its experiences during the pandemic and plans to capitalise on mobility megatrends.
Kwik Fit has taken a look at data published by the government and notes that the pandemic was responsible for an additional quarter of a million cars being taken off UK roads. The automotive servicing and repair company reached this conclusion after comparing the number of vehicles officially off road with a registered SORN (Statutory Off Road Notification) in the last quarter of 2020 with figures for the final quarter of 2019.
Several days ago, Apollo Tyres informed the BSE stock exchange regarding the temporary closure of its Perambra factory in India’s Kerala state. The company said it had paused production in Perambra and closed the facility in order to comply with the current pandemic situation and directives issued by local authorities. The tyre maker reports that the plant will remain closed until 23 May.
Although Continental doesn’t plan to cease production at its Aachen factory in Germany until next year, it isn’t making any tyres at all there at the moment. Corona virus is to blame for this pause in production. To date, 19 of the 1,800-strong workforce has tested positive and a further 130 have been quarantined. Continental has thus stopped work at the site until the end of 26 May.
Earlier this year, the organiser of Latin Tyre Expo and Latin Auto Parts Expo rescheduled these events to October 2021 in the hope of allowing attendees to better cope with the “challenging circumstances” present since early 2020. Latin Expo Group has now postponed both events once more and is working towards Latin Tyre Expo and Latin Auto Parts Expo opening their doors between 29 June and 1 July 2022.
Off-highway tyre specialist BKT reassures its partners and customers that, despite the worrying news from India of late, it has worked hard to protect both its workforce and production. In response to the messages of concern the BKT team in India have received from around the world, the tyre maker expresses thankfulness that so many people have been in contact and are worrying about people’s health and safety.
Tyrexpo Asia 2021 is taking place in Singapore between 17 and 19 November, and event organiser Tarsus South East Asia shares that US-based association the Tire Retread & Repair Information Bureau (TRIB) is partnering with the event. Tarsus has also announced the participation of two further exhibitors, Dutch wholesaler Inter-Sprint and German online tyre sales service Tyreworld (B. Fuhrmann Einzelhandel GmbH).
Sales of Michelin tyres were 7.5 per cent higher in the first quarter of 2021 compared with a year earlier. This rise in sales volumes was driven by 20 per cent year-on-year market growth for truck tyres in the first quarter of 2021 and nine per cent market growth for car and light truck tyres.
The first espisode of Metzeler’s Table Talk video, which mainly focused upon the new Metzeler Tourance Next 2, quietly disappeared from YouTube not too long ago. What’s more, there’s no longer any trace of this product on the Metzeler website. What’s going on?
Bridgestone Americas is providing a one-time, US$100 payment to all of its more than 33,000 employees in the USA who choose to receive the COVID-19 vaccine. The company is also exploring options to deploy a comparable programme to employees in Canada and Latin America as the vaccine becomes more widely available. Bridgestone is among the first major employers in its industry to initiate a financial payment to employees who decide to be vaccinated.
Against the backdrop of the global coronavirus pandemic, Michelin Group reported sales of 20.5 billion euros in 2020, down 15.2 per cent. Segment operating income was 1.9 billion euros, representing 9.2 per cent of sales. Net income amounted to 625 million euros and was thus 63.9 per cent lower than in the previous year.
Jukka Moisio is “extremely proud” the Nokian Tyres team’s response to the challenges it faced in 2020. But no amount of pride can compensate for sales and income lost due to lockdowns and other restrictions. As expected, the Finnish tyre maker reported reduced sales and earnings for the year.
Nothing holds a candle to trade fairs when it comes to meeting up and sharing experiences. This past year may have shown us what life without tyre shows looks like, but it hasn’t offered us much in the way of alternatives.