TecAlliance has announced a pilot project to enable its official data suppliers to update their product information on a weekly rather than monthly basis. The company is known for the TecDoc electronic replacement parts catalogue. “The relentless globalisation of the industry is putting extra demands on parts brands, particularly for those growing into new sectors or rapidly increasing their product portfolio,” explained Shaun Greasley, TecAlliance’s regional sales director CEE/GB/IE.
It is not unusual for the start of the year to be replete with corporate acquisitions. Some even happen while much of the western world is enjoying Christmas and new year holidays. While European FinTyre Distribution (EfTD) did indeed enact the latest move in its ongoing strategic purchasing programme during the 2018 holiday break, it seems that this year February was the month of choice for getting the chequebooks out, with Bridgestone, Michelin and – in the UK at least – Goodyear all announcing strategic spending. For different but connected reasons all three challenge us to consider the impact of changing mobility trends.
The industrialisation of big data has been progressing quickly in recent years within the automotive segment. TPMS sensor technology and the networks they feed data into have enabled increasingly sophisticated software systems to be created to use the massive amount of data we are now able to collect more effectively. Such systems are also able to increase the business applications of another technology, radio-frequency identification, or RFID, helping commercial tyre distribution chains to increase cost, time, and safety efficiency as well as accuracy in their collection of data. Steve Daly, commercial director of CAM, the provider of e-jobsheet, TiDaeX, and the Online Tyre Catalogue, told Tyres & Accessories about the opportunities RFID is now unlocking, and how future, more affordable reading technology could increase the reach of these gains.
Goodyear’s share price picked up by up to 1 per cent during early trading on 12 December 2018, having risen 0.56 per cent by the close of the previous session (up from $21.59 to $21.71). Considering that the value of these shares fell -8.70 per cent during the preceding seven-day period, and experienced a loss of -1.76 per cent over the past 30-day period suggests this is a significant uptick. In addition, when you compare this with the 1.5 per cent one-day drop all tyre majors experienced in October when Michelin warned that demand was softening, it appears that the share price is bouncing back.
Wejo, a leading UK technology company which collates data from connected vehicles, has announced that its technology is now tracking seven million vehicles in 190 countries worldwide and it has acquired a Silicon Valley based technology firm as part of its expansion plans.
ELTA describes its online communication as “absolutely crucial”. So, as it sets its sights on the future during this, the company’s 25th year, it is not just the new PRO brands it has introduced, there is also a new website.
Technical service and repair data is an invaluable resource for the modern workshop as they bid to retain their share of the business in an increasingly competitive market. To further assist them in this task, renowned diagnostics specialist Hella Gutmann Solutions (HGS), is backing up its market-leading range of mega macs tools with an exceptional offer on its comprehensive technical service data package.
Data from Quantcast suggests the automotive sector is still creating advertising campaigns focussed heavily on concepts that appeal to men, despite rising purchasing power among women.
UK government data shows that car ownership among women increased 75 per cent in the 20 years up to 2014. However Quantcast found that the most engaging themes for female audiences, including ‘togetherness’ and ‘adventure’, appeared in less than one percent of adverts.
The European Parliament overwhelmingly supported the adoption of the Own Initiative Report by Istvan Ujhelyi on Cooperative Intelligent Transport Systems.
Tyre association ETRMA has added its voice to that of the 633 MEPs that supported the request for the European Commission to publish a legislative initiative to guarantee fair, unrestricted and in real time access to in-vehicle data, before the end of the year.
On 27 February 2018 TecAlliance officially opened a new office in Kuala Lumpur. 40 guests accepted the invitation to the one-day event to visit the premises and meet the employees of TecAlliance Malaysia. Attendees also obtained information about the strategy and solutions offered by TecAlliance in Asia.
In fewer than four months, the new General Data Protection Regulation (GDPR) will become active, presenting businesses with a number of requirements related to the way they process data. Ahead of the 25 May 2018 deadline, systems provider CAM is introducing a dedicated GDPR online tool created by specialist lawyers to help customers prepare fully for “the seismic changes the legislation will generate.”
Tyre and wheel fitment data companies Fitment Group and Size It Up have announced they will merge and operate under the Fitment Group brand. The value of the merger was not disclosed. The expanded business is based in Duluth, Minnesota.