Tag: Europe
Nexen Tire Europe relocates headquarters
Nexen Tire Europe moved its head office and European technical centre to a new purpose-built 11,000 square metre location in Kelkheim, Germany on 5 September 2018. According to the company, the Lise-Meitner-Straße site was constructed in less than 13 months, with the focus on making an ecologically friendly building and using materials sourced from local companies.
China implements anti-dumping tariffs against synthetic rubber producers
On 10 August 2018 China’s Ministry of Commerce announced plans to implement anti-dumping duties ranging from 23.1 per cent to 75.5 per cent on synthetic halogenated butyl rubber from the United States, the European Union and Singapore starting 20 August 2018.
Davanti Tyres secures five new distribution deals
Davanti has established exclusive distribution deals in five new territories following its participation at The Tire Cologne. The brand stated that the impact of the show has “exceeded expectations”. Davanti held a series of meetings during the event, which resulted in confirmed deals to distribute tyres in the Czech Republic, Serbia, Macedonia, Belarus and Moldova.
Despite growth in larger sizes, European car tyre market below 2017 levels
According to information published by Pirelli and based upon regional association and third-party data, the European car tyre market grew six per cent year-on-year in May 2018. Overall growth occurred courtesy of strong performance within the aftermarket, which during the month was ten per cent higher than a year earlier; the market for 18-inch and larger sizes were up 20 per cent. The original equipment market in Europe declined five per cent year-on-year in May.
European new car sales hit 10-year high
“It is positive to see that demand for new cars in Europe grew by +3.4 per cent in 2017 and reached a 10-year high of 15.6 million units sold”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, commenting on the latest figures by the European Automobile Manufacturers' Association (ACEA).
Marc Preedy appointed Goodyear director Truck Sales Replacement Europe
Marc Preedy - formerly director Commercial PBU UK & Ireland at Goodyear for five years - has been appointed as director Truck Sales Replacement Europe. David Howe has stepped up from Fleet & Retail channel manager to the position of Commercial Sales general manager UK & Ireland.
Analysts upgrade 2018 West European trailer market forecast
Instead of demand dropping by approximately 9 per cent in 2018 a decline in demand of 5 per cent is now forecast, followed by a further drop in 2019 leading to a total shrinking of the market by 13 per cent over the two years. According to the agency “Clear”, for 2017 the demand for trailers increased in the first half of the year but will have close to zero growth in the second half. Overall 2017 will see a 3 per cent increase in registrations.
Kenda buys Starco
Taiwan-based tyre manufacturer Kenda has purchased Starco Europe. Announced on 2 October, the move is described by Kenda as “a good cultural, organizational and strategic fit” for which both companies see “significant long-term opportunities”. Kenda has been a Starco supplier since 1982. Over the last 12 months a series of meetings determined a clear willingness from both Kenda and Starco to take the partnership to another level. Starco does not plan any organizational changes or redundancies related to the acquisition.
Maxxis European conference previews new UHP tyre
Maxxis is currently holding its European distributor conference in Marbella, Spain. Scheduled to take place between 11 and 14 September, the conference welcomes some of the continent’s leading names in tyre distribution, with over 14 EU countries represented, along with delegates from both China and Taiwan.
Goodyear appoints new EMEA president
The Goodyear Tire & Rubber Company has named Chris Delaney as president of Goodyear’s Europe, Middle East, and Africa (EMEA) business unit. He has been president of the company’s Asia Pacific business since joining the company in 2015.
ZC Rubber establishes European company
ZC Rubber has opened a European subsidiary – Zhongce Europe GmbH (ZC Europe). According to the leading Chinese manufacturer, the new subsidiary focuses on the expansion of the European market especially in the OE sector and “improving market shares by exploring the market with local mentality and by providing more services”. It is the fourth branch of ZC Rubber on the global market after Thailand, Brazil and America.
Tyres in Stock launches new webshop
Tyres in Stock's online shop has details of more than 30 million tyres. The firm reports that it has always done its best “to make the process as quick and simple as possible”. However, recently Tyres in Stock rebuilt its online presence to accommodate the growth that the firm is expecting.450 suppliers already offer their products through Tyres in Stock, which is active in over 15 European countries. The new software allows the business to pursue what it perceives to be growing international possibilities.
Anti-dumping – EC to investigate Chinese tyre imports to Europe
The European Commission has issued notice that it will initiate an anti-dumping proceeding focusing on imports of truck and bus tyres originating in the People's Republic of China. The Commission is taking this course of action as a result of a complaint received on 30 June by the “coalition against unfair tyres imports,” a group representing the interests of manufacturers who account for more than 45 per cent of all new and retreaded truck and bus tyre production in the European Union.
Fewer car tyres sold in June, OE truck tyre sales higher
Demand for car and light commercial vehicle tyres in Europe declined year-on-year in June. In its monthly market update, Michelin reports that demand for both original equipment and replacement market tyres was two per cent lower compared with June 2016. The tyre maker comments that this weakening demand was driven by sell-in price increases against a backdrop of slowing sales momentum. For the year to 30 June, demand in the original equipment market was up one per cent year-on-year, while demand in the replacement segment is two per cent higher.