Tag: featured
Trump puts 25% import tariff on Chinese aircraft tyres
US president Donald Trump has announced plans to impose 25 per cent tariffs on US$50 billion worth of Chinese goods, according to various leading news sources. The tariffs affecting over 800 products including aircraft tyres and are due to come into effect on 6 July. The White House said it would consult on tariffs on the other $16 billion of products with a view to applying these later.
Growth in every size segment from 17” up, but rapidly slowing
The UK’s high performance tyre sector – in this case defined by tyre diameters of 17” and above – has continued its growth trend, but at a very much slower rate than in 2017.
Falken 2017/2018 UHP test successes a result of manufacturing improvements
Sumitomo Rubber Industries’ Falken brand has reached new levels of performance over the past few years, evinced by its latest range of high performance car tyres picking up magazine test plaudits against premium brand competition.
Victra Sport 5 UHP tyre to take Maxxis ‘to the next level’
Maxxis’s new Victra Sport 5 received its full launch at The Tire Cologne, as the June issue of Tyres & Accessories went to press (see Tyres & Accessories' July issue for a more in-depth write-up). The new tyre is the latest in the brand’s range to target premium brand performance at a lower cost.
Vredestein supplies Ultrac Vorti tyres for custom-built Tesla Model S
Vredestein’s Ultrac Vorti ultra-high performance tyres have been specified for a unique project: a Tesla Model S-based Shooting Brake commissioned by a Dutch collector, designed by award-winning Niels van Roij Design and built by renowned Dutch coach-builder RemetzCar.
European FinTyre Distribution buys Reifen Krieg
European FinTyre Distribution Limited (EfTD), one of the largest Pan European tyre distributors, has agreed to acquire the privately held Reifen Krieg Group, a leading full-range tyre wholesaler in Germany. As a result, EfTD is set to become the market leader in two key European countries, Germany and Italy, with 1.1 billion euros of total revenue. According to EfTD, Reifen Krieg’s current owners, Holger Krieg and Tobias Fink, will continue as the group's managing directors
Bosal enters administration
Bosal Automotive And Industrial Components Limited, which traded as BAIC Ltd, officially entered administration on 5 June 2018. The business which was registered as operating in “the wholesale trade of motor vehicle parts and accessories” is perhaps best known for its exhausts business, the UK branch of which is based in Preston, Lancashire. Details were published in the London Gazette on 11 June.
Aiming at the fast-growing European SUV segment
Following its introduction in February and some subsequent OE announcements, Goodyear has now officially launched the Eagle F1 Asymmetric 3 SUV. Key features of the new Eagle F1 Asymmetric 3 SUV are its Active Braking; Grip Booster; and SUV-Optimized Construction technologies.
Garage of the year winner announced
Automechanika Birmingham, in partnership with Garage Wire, has named Hillclimb Garage as ‘Garage of the Year’ for 2018, with the High Wycombe-based workshop picking up the prize of £1000.
Tire Cologne: Association claims visitor numbers similar to Reifen 2016
When we compared the visitor headcount at last week’s The Tire Cologne exhibition with those at Reifen 2016 two years earlier, we noted visitor numbers were down around 20 per cent this year – a figure we reached by examining the official post-show reports released after each respective event. But did attendance drop so sharply from the one show to the next, or were the published visitor numbers for Reifen 2016 incorrect? The former industry association partner to Reifen and current partner to The Tire Cologne says the figure for Reifen 2016 was a case of over-inflation, and points to statistics supporting this.
Treadsetters to distribute Apollo TBR tyres in UK
Apollo Vredestein’s UK subsidiary has chosen Treadsetters to handle the sale and distribution of its Apollo truck and bus tyre range across England, Scotland and Wales. Apollo’s debut in Europe’s competitive TBR tyre segment was barely one year ago. The new distribution arrangement represents a change in strategy; the manufacturer had initially said the brand would be available directly from Apollo through an e-commerce system. Apollo Vredestein states the decision to partner with Treadsetters will aid in achieving the tyre manufacturer’s strategy of rapid TBR growth by combining its product range with a highly efficient and experienced distribution partner in the UK.
Linglong to become first Chinese global Top 10 car tyre manufacturer by 2019 – analyst
New research by London based independent research company Astutus Research suggests that a domestic Chinese company could be about to join the top 10 global manufacturers of passenger car and light truck (PCLT) tyres. Linglong Tyre, currently ranked 12th globally in the segment by unit sales, is forecast to take tenth place by 2019, replacing South Korea’s Kumho Tyre. The move would make the manufacturer the first from China to enter the PCLT top 10.
Tire Cologne organiser upbeat about debut show
Many consider it successor to the Reifen tyre fair, therefore comparisons are inevitable. For this reason, the organiser of The Tire Cologne may be nervous about visitor and exhibitor numbers. But should this be the case, Koelnmesse isn’t showing it.
TBR tariffs: Giti displays two commercial tyres ‘Made in Indonesia’ at The Tire Cologne
Giti Tire has given its first indication of the measures it is taking to shore up its European position in light of the EU tariffs introduced on commercial vehicle tyre produced in China. Presenting two of its most popular tyres, including the Giti GTR955 Combi Road, with “Made in Indonesia” highlighted on their sidewalls, the manufacturer is showing it is capable of shifting European truck tyre production to its Tangerang manufacturing complex in Jakarta, following a development completed in late 2016.
Sainsbury’s, Asda and truck tyre tariffs
At the end of April the UK’s second largest supermarket Sainsbury’s announced that it is merging with the Walmart-owned Asda supermarket. The goal? To push first-placed Tesco off the top-spot and to give the newly combined chain better access to different geographic areas and consumers. Strange as it may seem at first glance, this story can be read across to the tyre market in general and the truck tyre segment in particular (click here for complete coverage on developments associated with the recently initiated European anti-Chinese truck tyre import tariffs).
Continue Reading