A week ago, Bridgestone announced its acquisition of 42 Reiff Reifen und Autotechnik retail outlets in Germany from the now-bankrupt Fintyre Group business. The insolvency administrator handling the Fintyre case reports that buyers have also been found for two further Fintyre businesses, Duro Reifenservice GmbH and Reifen24 GmbH.
The demands placed upon tractor tyres are evolving. In addition to field work, the volume of transport tasks and time spent on the road has increased significantly in recent years. This trend presents a challenge for tyre designers as field and road applications are very different by nature. Nokian Tyres approached this challenge with a new kind of hybrid pattern technology that aims to offer the best of both worlds, combining a field-ready lug pattern with a block pattern to improve on-road properties. But does it work in practice? The Faculty of Agriculture, Department of Agricultural Engineering at Germany’s Kiel University put the Nokian Ground King tyre through its paces to find out.
Messe Frankfurt and its customers, partners and supporting associations have agreed to postpone the Automechanika Frankfurt event that was originally scheduled to take place from 8 to 12 September 2020 due to the coronavirus crisis. The new dates are 14 to 18 September 2021. Automechanika Frankfurt will then resume its biennial rotation – the event will now be taking place in odd-numbered years.
Audi announced its withdrawal from the German Touring Car Masters (DTM), effective at the end of the 2020 season. As things stand, BMW will be the only remianing factory team at the beginning of 2021; R-Motorsport dropped out earlier in the year. Audi wants to concentrate on Formula E and customer sport in the future according to a statement from Ingolstadt. The 2020 season of DTM has yet to start, due to the Coronavirus pandemic. DTM has not started its 2020 series yet due to the Coronavirus crisis, but has announced a new Esports series with Hankook a founding partner.
Some ten weeks ago, German tyre wholesaler RS Exclusiv Reifengroßhandel GmbH entered insolvency as part of the Fintyre Group’s operations in Germany. It now seems that the company’s days are numbered. The insolvency administrator’s office confirmed the sale of RS Exclusiv’s headquarters site north of Hamburg to our German partner magazine, Neue Reifenzeitung. The wholesaler has quarter of a year to pack its things and go. But the insolvency administrator also reports another, more cogent reason for winding up the business.
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.