Posts
Axle Group hails success of £12 million investment in National Tyres
The Executive Board of Axle Group Holding Limited has reported “significant growth” in the 18 months since it announced its three-year, £12 million inward investment strategy in March 2018.
According to the company, the investment has three core pillars:
ETEL continues to lead top 20 UK tyre retailers 2019
After years of expansion amongst the top 20 UK tyre retailers, the latest data shows that this trend peaked in 2017/2018 when the top 20 accounted for 2014 branches. The same 20 tyre retailers had 1980 branches between them in 2018/2019. And what’s more, the reorganisation of one retailer alone accounted for a 40-centre decline in branch count, with the overall figure remaining positive due to growth at other chains. Here Tyres & Accessories analyses the branch count data in the context of 10 years of comparable research.
National Tyres and Autocare approved to award industry accreditation
National Tyres and Autocare, one of the largest independent fast fit tyre specialists in the UK are pleased to announce that they have been approved to deliver the Automotive Technician Accreditation (ATA) in Light Vehicle Inspection. National’s ability to provide rigorous quality training and development was at the core of the approval granted by the Institute of the Motoring Industry (IMI).
Axle Group investing £12 million in acquisition strategy
The Executive Board of Axle Group Holdings Limited have ratified a £12 million, three-year inward investment strategy to help drive its business forward. Further announcements specifically relating to the firm’s acquisition strategy are expected.
National Tyres and Autocare announces winner of 2016 Ghostbusters promotion
National Tyres and Autocare’s 2016 promotion in conjunction with summer blockbuster, Ghostbusters, led to a marked increase in overall customer engagement and response, the garage chain stated. The campaign included radio, national press, and digital advertising, with fans of the franchise given the chance to visit the New York City locations featured in the film when purchasing any two tyres.
National Tyres and Autocare expands marketing team
Axle Group Holdings, parent company of National Tyres and Autocare and Viking Wholesale Tyres, has appointed two to its digital division, growing its marketing department. James Kelly has been appointed as digital marketing manager, and Jack Underwood as digital marketing executive.
Dunlop supports National Tyres and Autocare Centres training programme
Dunlop Tyres has helped to design and deliver an in-depth training course in conjunction with National Tyres and Autocare Centres (NTA). Aimed at NTA’s assistant branch managers, the course is the first of its kind, focusing solely on developing assistant branch managers in NTA’s centres nationwide. There has not previously been a training course which offers such in-depth and wide-ranging training for the assistant branch managers.
National Tyres and Autocare board approves leases for 10 new branches
National Tyres and Autocare will expand its network by 10 branches over the next year. Launching at the start of July, and projected to finish in early 2017, this expansion phase will include new branches in London, Yorkshire, Northamptonshire, South Wales and the South West. These branches will join the existing network of 241 branch locations operating throughout the UK. National added that 14 further sites are currently “in the pipeline”. The network is the UK’s third largest; the latest expansion will demonstrate its sharpest growth in locations for five years.
Micheldever’s Protyre retail chain is UK’s fastest growing
This year’s UK tyre retail ranking shows that the fastest growing tyre retailer is Micheldever’s Protyre chain, which added some 21 branches to its network in the last year – by far the fastest growth (both in terms of branch count and growth percentage) of any tyre retailer we are tracking. Nevertheless, ETEL remains the largest overall and is also the fastest faller, with the company running 9 points of sale less than in our 2014/2015 research. However, context makes a big difference, so for more on both these stories, read on.
National confirms Leaseplan Preferred Tyre Supplier status
National Tyres and Autocare has confirmed that LeasePlan, the largest vehicle management group in the world and part of the LeasePlan Corporation NV Group, has named the tyre retail company as one of its preferred Tyre Supplier for 2016 and 2017. ATS Euromaster and Fleet Tyre Network (FTN) are the other two 2016 and 2017 preferred suppliers. Kwik Fit was the previous encumbant.
Tyre retail market in a redistribution phase
While many of the names of the top 20 tyre retail chains will be familiar, the last year has seen the continuation of a number of so-called right-sizing and redistribution trends, especially at the bottom end of the top 15 between places (positions 11 – 15). At the same time, one or two medium sized retailers have grown significantly since the last survey, resulting in greater influence from this part of the market. At the same time as this, the total number of branches controlled by the top 20 chains continues to grow – pushing the balance of power further in the direction of those retail multiples.
NTDA Tyre Industry Award 2014 winners announced
The winners of the 2014 Tyre Industry Awards were announced on 8 October at the 85th annual NTDA Dinner. The awards once again generated wide interest within the British industry, with 14,000 votes cast across the five voting categories. In the Tyre Centre of the Year category, Encircle Marketing’s series of mystery shopping exercises dictated the winner; all four finalists were rewarded by a plaque.