Singapore-based tyre designer and distributor Omni United has enacted a Covid-19 Assistance initiative, which includes sending over 20,000 protective masks to its business partners in Europe for them to use and/or distribute in their local communities. The team at Omni United is also researching and compiling a database of all governmental financial and fiscal help that is available and some guidance on how to access it as many small business owners may find it difficult to find the information and the practical ways to avail these benefits.
According to Sebastian Brunner, spokesman for the provisional insolvency administrator handling the Fintyre Group case, a number of parties have already expressed interest in acquiring individual companies belonging to Fintyre’s insolvent German operations. These potential investors have already inspected the companies in question or will do so in the near future. “We hope to already have binding offers on the table in April and then be able to enter into negotiations,” said Brunner.
In light of the news that Koelnmesse took the decision to delay The Tire Cologne until 2021, Tyres & Accessories interviewed communications manager, Voelker de Cloedt in order to find out more about the thinking behind the move as well as the particular dates the company has chosen. The conversation began with a question about the nature of physical exhibitions in light of analysts reports suggesting we could be witnessing to transition of the sector to virtual shows.
Representatives of Cooper Tires and Toyo Tires have respectively confirmed they’ll not exhibit at this year’s The Tire Cologne, as previously planned. Their decisions come as governments across Europe announce rigorous measures to delay the spread of coronavirus and reduce its impact wherever possible. Michelin announced its withdrawal as exhibitor last week.
The PSA group’s Executive Board and crisis unit have stopped vehicle production at its European factories until 27 March 2020. The temporary closure move takes effect between 16 and 19 March, according to the following schedule:
Dunlop is very happy with Scooter & Sport magazine’s decision to name its ScootSmart overall winner in its test of five tyre brands. In its January/February magazine (Issue 1/2020), the German publication fitted the size 120/70-15 front and 140/70-14 rear tyres to a Honda Forza 300 and evaluated them with a focus on dry and wet grip and handling.
Although Angela Merkel predicted this week that up to 70 per cent of all Germans could catch coronavirus, people there are responding to the risk in very different ways. This can be clearly seen in plans for two automotive shows.
A new European developer and distributor of tools, machines and consumables says that it wants to increase the reliability and user-friendliness of retreading equipment. NeroForce, based in Leipheim, Germany, was founded by managing directors Andreas Müller and Martin Kalagin, who between them have more than 25 years of strategic experience of the global retread market, both having worked for Bridgestone, and then B&J Rocket and Marangoni respectively. Thanks to this background, Kalagin told Tyres & Accessories that combining this retreading market experience with a more hands-on view of retreaders’ requirements, NeroForce is well placed to tailor its product range to the needs of today’s retreaders.
No comment yet from organiser Koelnmesse, so perhaps it is too early to speculate on the fate of this year’s The Tire Cologne. Officially it is business with usual, with around 600 companies and brands expected to display their wares between 9 and 12 June. But with the show just three months’ away, Koelnmesse must decide its response to a new decree that restricts large events.
The insolvency administrator handling the case of 16 Fintyre Group companies in Germany reports further progress. Miguel Grosser from law and insolvency administration firm JAFFÉ states that 31 TyreXpert, Secura and Duro retail outlets are selling tyres again and providing a full range of customer services. Other centres, including those belonging to Reiff Reifen und Autotechnik, can operate on a “restricted” basis but not sell new products.
After eliminating 30 tyres from its 2020 summer tyre test in a preliminary wet and dry braking round, Auto Bild scrutinised the remaining 20 more closely. The findings are now out, and the motoring publication is very happy with more than a third of the tested candidates. First place in test was shared by two tyres.
Hundreds of people employed by Fintyre Group subsidiaries in Germany didn’t receive their wages or salaries for January, and it looks like this unhappy situation occurred again a month later. Disgruntled employees have contacted our German affiliate to confirm the lightness of their bank accounts, but apparently, they’ll soon become weightier.
In the wake of decisions to cancel a number of exhibitions and trade fairs in Europe, including the Geneva International Motor Show, the organisers of The Tire Cologne met yesterday to discuss how the coronavirus could affect this year’s show and how they should respond to the situation. After taking many factors into consideration, they’ve decided to continue preparing for the exhibition’s doors to open on 9 June, but are keeping a close eye on developments nonetheless – and will act to minimise the potential risk to exhibitors and visitors.
Goodyear plans to acquire a tyre wholesaler in Germany. Should the deal gain approval from the relevant antitrust authorities, Goodyear Dunlop Tires Germany GmbH will purchase Weilheim, Bavaria-based wholesaler and retailer Reifen Baierlacher. The tyre maker has not disclosed how much it will pay for the family-owned business.