A survey among of over 900 decision-makers within UK businesses has found that: 57 per cent of UK private sector organisations are considering expansion into new global markets in the near future as a result of COVID-19. The research, commissioned by One World Express, also found that 45 per cent of businesses say the pandemic has made them realise they are overly reliant on one market. At the same time, 44 per cent are looking to expand into markets outside of the Single Market due to Brexit.
Lassa Tyres has reported that the brand has grown international exports by 60 per cent during the last five years. Top countries, where Lassa Tyres were sold during 2018 include Egypt, Italy, Germany, Austria, Ukraine and Morocco.
The Council of Australian Governments (COAG) held its 47th general meeting on 9 August in Cairns. According to officials, it was the first time COAG has been held outside a capital city. A number of policy decisions were made, including that Australia should ban the export of waste tyres.
Ford Motor Company of Southern Africa (FMCSA) is expanding its vehicle export operations by adopting a multi-port strategy with the first shipment of 1000 locally assembled Ford Rangers from Port Elizabeth to markets in Europe.
British commercial vehicle manufacturing grew 8.5 per cent in 2018, the Society of Motor Manufacturers and Traders (SMMT) has revealed. The increase in output, with 84,888 units leaving production lines, follows weaker performances in 2016 and 2017. The SMMT added that strong market incentives ahead of model changes also played a part in boosting output.
Cambodian rubber exports rose 21 per cent during the first half of 2018, according to the Cambodian Ministry of Agriculture.
The data shows that local producers exported 84,419 tonnes of rubber during the first six months of this year, an increase of 14,376 tonnes compared to a year earlier. Total rubber cultivation was also up, at 436,299 hectares.
Vietnamese tyre exports were worth US$920 million in 2017, up 44.2 per cent from 2016. Meanwhile, local tyre production enjoyed a trade surplus of $564 million in 2017, doubling the amount gained in the previous year.
The Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) celebrated its 31st Annual General Meeting (AGM) at Cinnamon Grand Colombo on the 16 January 2018. The association was inaugurated in 1985 in order to offer “comprehensive representation, advocacy and to champion to all manufacturers and exporters of rubber products in Sri Lanka”.
Talk to westerners and they see China as a relative newcomer to the global tyre industry table. Talk to Chinese people and they may just point out that China has been the world’s leading tyre producing nation since 2005. Indeed, full-year 2016 figures show that 600 million tyres were “made in China”, many of which were passenger car and light truck products. However, China now wants to move on from its reputation as being the biggest tyre producing nation and progress towards a renewed emphasis on quality and technology. Tyres & Accessories spoke with Mary Xu, the China Rubber Industry Association (CRIA) deputy secretary general, in order to find out more about how the Chinese tyre industry wants to move from biggest to best.
Bobruisk, Belarus-based tyre manufacturer Belshina has announced that it has launched mass production of 18-inch SUV tyres. The company’s spokeswoman Viktoriya Kulik told local news source BelTA that it is making summer tyres for Geely cars produced at BelGee Factory.
British commercial vehicle (CV) production output fell in May as an increase in production for export failed to counteract a drop in domestic demand, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). 6,875 vans, trucks, buses and coaches were built in the UK last month, a -11.3 per cent year on year decline.
The Trelleborg Wheel Systems manufacturing facility in Sri Lanka was recognised for its export achievements when it was honoured with a Presidential Export Award in a ceremony presided over by Sri Lanka’s President Maithripala Sirisena in Colombo.
As a mark of its continuing strength in the export market, First Line Ltd has again featured in the latest Sunday Times HSBC International Track 200 ranking, making it three appearances in the last four years and the company by far the most consistent aftermarket supplier in the study.
According to Pieter Tanuri, president director of Indonesian tyre maker PT Multistrada Arah Sarana Tbk, the company is aiming for a “ten to 15 per cent increase in revenue” during 2016. Multistrada intends to support this rise through higher exports and will accommodate this hoped-for increase in unit sales by boosting production capacity for both car and motorcycle tyres. “Exports are the highest sales contributors,” noted Tanuri, adding that sales in export markets account for 70 per cent of total company sales.