Outside of the top five, there is a certain degree of stability amongst the remaining five companies. Those in sixth, seventh and eighth position (McConechy’s, The Tyre Group and Lodge) appear to have remained stable in terms of branch count, with 61, 58 and 40 branches respectively. However, it is worth considering all this in the context of ULM Services Ltd the fleet-orientated cooperation Universal, Lodge and McConechy’s set up during 2017. Put those three partners together and we have 119 branches and another strong contender for fifth position on the table.
In last year’s ranking of the top tyre retailers in the UK, Tyres & Accessories predicted that the pace of change in the top 20 chains by branch count would result in some jostling for position. This has proved entirely accurate, as two major acquisitions have brought two of 2017’s top 20 into the fold of higher ranked companies, leading to both Micheldever/Protyre, leapfrogging HiQ into fourth place as predicted last year, and Lodge Tyre, into the top 10 from joint-14th last year, making significant jumps in this year’s table. Most other retailers have held relatively stable positions in terms of the number of stores, while our most recent additions to the table, Eden Tyres (15 stores) and Elite Garages (13) were identified as narrowly missing out on places last year.
Hankook Tyre UK has extended its courtesy car scheme with the introduction of a larger fleet of branded Hyundai i10s offered to a selection of supportive dealers across its UK retail network. The scheme, set up in 2015, is designed to incentivise supportive dealers with 25 new 67-plate Hankook-liveried Hyundai i10s. The car was selected for its low running costs, and has been supplied to a selection of retailers around the UK over a two-and-a-half-year period as a courtesy car.
On Monday 3 April Eden Tyres opened its 13th tyre retail location in Ashby de la Zouch. Eden Tyres has grown rapidly in recent years and the chain is now more than twice the size it was in 2009. And what’s more, with the company reporting bookings in the diary every day of opening week, the new business has got off to a great start.
Derby’s Eden Tyres & Servicing (ETS) holds over 60,000 tyres in stock for immediate delivery. The family owned and managed business commenced trading in 1981 at its headquarter base in Codnor Gate, Ripley. Leigh Howes of ETS said: “One of our most established partnerships has been with Chinese based contract tyre producer SD-International. We have been purchasing their popular Zeta range for the past five years both as a wholesale brand and through our thriving ten retail outlets throughout the East Midlands. We stock the Zeta brand on an exclusive basis for a number of reasons including the extensive range available and because of its competitive pricing structure.”