• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My Account
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Beyond Covid-19 Tire Market Forecasts
  • Features
    • Goodyear to buy Cooper – special supplement
    • TPMS and Sensor Technology 2021
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Tyres & Accessories Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Search
  • Menu
You are here: Home1 / premium

Posts

UK’s LCV tyre market retained 2019 value in 2020 – GfK

Market Info, Premium, Product News, UK News

The UK light commercial vehicle tyre market had a relatively dynamic year in 2020, with value and volume changes in certain sub-segments driven by an increase in higher rim diameter tyre sizes, as well as increased demand for all-season – and even winter – performance. According to GfK panelmarket data, which tracks points of sale, comparing the calendar year 2020 to 2019, these growth subsegments supported a 2020 light commercial vehicle tyre market value change across all rim sizes of 0 per cent, while volume was down only -2 per cent. While LCV operators were not entirely immune to the effects of the Covid-19 pandemic and its attendant lockdowns, these figures show how the essential services supported by van operators, such as last mile delivery resulting from booming e-commerce, allowed LCV tyres to achieve results within touching distance of pre-pandemic norms.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. High performance tyre segment growing across Europe
  2. GfK: SUV sales drive UK tyre market post-Brexit
  3. Looking up? Why there’s more room for tyre demand improvements
  4. GfK: UK still amongst largest and fastest growing SUV tyre markets
6th August 2021/by Andrew

Halfords Autocentres reports 89.6% increase in pre-tax profit – next stop ‘market leadership’

Company News, Premium, UK News
Halfords

The Halfords Group reported a strong set of full-year 2021 that saw the company generate total sales of 1,292.5 million in 2021, up 13.1 per cent compared with the 2020 financial year (2020: 1,155.1 million). The financial report, which was published on 17 June 2021, shows that by all measures pre-tax profits skyrocketed. Indeed, Halfords Group reported profit before tax after the impact of IFRS 16 of £64.5 million, which amounts to a headline-grabbing increase of 184.1 per cent compared with the previous year.

Halfords Autocentres accounted for an increasing proportion of the group’s overall sales figures, reporting 2021 sales of £252.5 million, up 31.6 per cent compared with 2020’s £194.1 million.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. McConechy’s Tyre Service Ltd sold to Halfords for £8.5 million
  2. Halfords’ major tyre retail play
  3. Halfords reports £1 billion annual group revenues, a year earlier than planned
  4. Goodyear and Halfords moves represent the virtualization of the tyre distribution chain
23rd June 2021/by Chris

Michelin top, Conti moves up to 3rd – all change at the top of the 2021 Leading Tyre Companies table

Company News, International News, Premium
Andrea Piacquadio; Pexels

While the world is still adjusting to the repercussions of the Covid-19 pandemic, there has been no small measure of disruption in the standings of the world’s leading tyre manufacturers, according to our latest top 25 table. Six of the top 10 have changed places this time round, with the headline news being that Michelin has regained pole position after several years of having Bridgestone in first place. At the same time, Continental has stepped up into third position, leapfrogging the previous incumbent Goodyear.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Top tyre manufacturers deny involvement in tyre test manipulation
  2. Giti enters the top 10 of leading tyre manufacturers
  3. Brand Finance: Michelin most valuable and strongest tyre brand
  4. Decennial shift in global PCLT tyre volume market share
17th June 2021/by Chris

Autocentres growing in prominence – UK’s top tyre retailers 2021 (11-20)

Leading Retailers (UK), Premium, UK News
Eden Tyres

As can be seen in the top 10 table published yesterday, Halfords Autocentres remains in second place nationally in our 2021 ranking of the UK’s largest retail operations by branch count. Continuing our three-article series on this subject, today’s instalment focuses on places 11 to 20 and finds that the medium to large sized positions are increasingly being taken by autocentre style businesses that make as much money from parts and repairs as they do from tyres (and more than traditional fast fits).

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Micheldever/Protyre moves up to fourth, Lodge Tyres jumps in retail rankings
  2. Growth and stability amongst leading UK tyre retailers
  3. Tyre retail market in a redistribution phase
  4. Buckinghamshire Merityre the latest to receive Pirelli Performance Centre upgrade
27th May 2021/by Chris

Test World becomes first centre in Europe to offer ASTM 1805 winter tyre testing

Company News, International News, Premium
Test World

This year the well-known Finland-based tyre testing centre Test World turns 30. What better way to celebrate than to redouble its efforts to become a comprehensive test centre for summer, winter and all-season tyres? Following the acquisition of Test World’s parent company Millbrook by UTAC CERAM, which was completed at the start of February 2021, key developments towards this goal include: the purchase of the world’s first all-electric winter tyre traction testing light truck and the addition of a new soon-to-be opened proving ground in Morocco. Tyres & Accessories me up Jukka Antila, Technical Director at Test World as well as Millbrook business development manager Andrew Kern in order to find out more.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Millbrook buys Test World
  2. Hankook building winter tyre proving ground in Finland
  3. Technotrac: Hankook Tire opens own winter test facility in Finland
  4. UTAC CERAM completes Millbrook acquisition, new governance introduced
10th March 2021/by Chris

Tyre sales down, but not as much as feared – GfK

Company News, International News, Premium, UK News

5 November saw the inaugural virtual Tyre Industry Conference, with Tyres & Accessories bringing the traditional annual conference into the virtual arena due to Covid-19 restrictions. Produced in association with the NTDA and supported by Cam Systems, our expert panel was comprised of James Ward, senior insight manager, GfK; Andrea Manenti, VP north region, Bridgestone; and Pravesh Amtha, sales general manager Consumer UK&I, Goodyear. The wide-ranging 45-minute conversation covered a lot of bases, but the first session, which was designed to focus on the new tyre market’s recent trends and statistics began with a presentation from James Ward.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Four out of five consumers changing tyre shopping behaviour
  2. 2018 UK truck tyre market data overview
  3. 4×4 tyre sales down 6%
  4. Goodyear’s European motorsport renaissance continues despite pandemic challenges
23rd November 2020/by Chris

Online tyre prices went up as lockdown bit

Company News, International News, Premium
Peter Linforth; Pixabay

In October’s magazine, Tyres & Accessories takes a closer look at the latest developments in the multifaceted online tyre business. This article specifically looks at online tyre buying and pricing in conjunction with tyre pricing and selling-way data specialists Encircle Marketing. However, this is just one dimension in the online tyre business. In addition to online tyre retail, there is also the question of online marketing, an area in which social networks are playing an increasing important role (see separate article for further details). And on top of this, there is the electronic infrastructure necessary for the tyre business to participate – beginning with increasingly smart web sites and going onto integrated pricing and marketing tools.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Tirescanner sales up 150% year-to-date
  2. Wide variation in prices achieved by different brands and platforms online
  3. Goodyear steps up tyre retail involvement with new UK digital platform
  4. Michelin tops 2020 UK social media ranking, Davanti enters top 10
14th October 2020/by Chris

Michelin tops 2020 UK social media ranking, Davanti enters top 10

International News, Premium, UK News
Photo Mix; Pixabay

For the fourth year in a row, Michelin can be found at the top of Tyres & Accessories’ 2020 UK social media ranking. Indeed, such is Michelin’s dominance in the annual table, only Goodyear (in 2012) and Dunlop (in 2016) have done enough to overtake the UK arm of the French tyre brand since our research began in 2011. In both cases, Michelin still managed to take second place.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Michelin takes global social media double
  2. Falken Tire takes pole position in 2020 global social media ranking
  3. Cooper tops global social media ranking
  4. Pirelli leading global social media tyre brand 2015
14th October 2020/by Chris

Tirescanner sales up 150% year-to-date

Company News, International News, Premium
TireScanner

The last time Tyres & Accessories interviewed online tyre entrepreneur, Mike Welch, his latest venture Tirescanner was making in-roads in the US tyre retail market. Such was the concept’s growth that Welch had been pitching the business to investors in a bid to move onto phase two of Tirescanner’s development. Roughly a year later, T&A asked how things are progressing:

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Tirescanner.com live in 42 US states, multi-million dollar funding close
  2. Blackcircles considers investment options
  3. Blackcircles.com entrepreneur launches online portal for US tyre retailers
  4. Tirescanner reports 400% sales growth in first quarter
2nd October 2020/by Chris

Kwik Fit owner Itochu prepares for sale scenario

Company News, UK News

The UK’s largest tyre retailer, Kwik Fit, is being prepared for a sale. The Japanese Itochu group, which owns the European Tyre Enterprises Ltd (ETEL) holding company that controls both Kwik Fit and its wholesale counterpart Stapleton’s Tyre Services, has appointed investment bankers Nomura to advise on strategic options for the company, according to Sky News, with insiders suggesting a sale is very likely.

Read more

Related news:

  1. Kwik Fit benefiting from increased mechanical work
  2. Itochu sold 26 Kwik-Fit freeholds in the first half of 2020
  3. UK tyre retailers continue right-sizing
  4. Kwik Fit expanding into Italy, across Europe
19th September 2020/1 Comment/by Chris

Sentury Tire joins the Shenzen Stock Exchange

Company News, International News, Premium

Having received approval back in June, Qingdao Sentury Tire has successfully completed its Initial Public Offering (IPO) and is now listed on the Shenzhen Stock Exchange (China) as of 11 September 2020. 11 per cent of the company’s shares were valued at 1.31 billion yuan (162 million euros; £149.859 million) by investors, resulting in a theoretical total valuation of 1.47 billion euros. The offered shares offered were oversubscribed 2887 times over. But what is the company planning to do with its newly-raised funds?

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Georgia selected as location for $500 million Sentury Tire US factory
  2. Nexen appoints Seung-Do Jin as new European president
  3. Giti to build $560 million US tyre plant
  4. Sentury internationalising with US tyre factory investment
11th September 2020/by Chris

MOTs worth £177 million a year in UK tyre sales

UK News
Autotech

Together, the increased utilisation of independent contractors on the supply side and record online search figures on the demand side show that MOT testing is booming. Considering that MOTs were put on hold for roughly four-and-a-half months between March and August (let’s not even mention the Northern Ireland MOT crisis), this is good news. Word of a coming MOT spike will be warmly welcomed by the tyre and aftermarket associations that lobbied government for the end of the MOT extension on both road safety and economic grounds. But what exactly does the apparent boom look like? And why does it matter to the tyre trade?

Read more

Related news:

  1. Still going strong: 4×4 tyres continue to overcome obstacles
  2. MOT test demand set to spike in 2019
  3. MOT exemption starts on 30 March 2020
  4. NTDA: MOTs are central to vehicle safety
9th July 2020/by Chris

Metropolitan Police fleet tyre demand

UK News
Photo: Dom J; Pexels

As part of the Fleet feature within the June edition of Tyres & Accessories, we investigated the various tyre demands of leading Police fleets. Amongst other things, we found that Kent Police are the most tyre-hungry and that – despite being contracted to basically two manufacturers under the Crown Commercial Service agreement – such fleets are actually surprisingly open to competing tyre manufacturers. With this in mind, and continuing our series analysing Police fleet tyre preferences, this month we take a closer look at Metropolitan Police fleet tyre demand.

Read more

Related news:

  1. Kent Police are the most tyre-hungry
  2. Investigating the national Police fleet’s tyre demands
  3. Goodyear commands 75% share of West Midlands Police tyre fleet
  4. Goodyear, Michelin, Lodge and Vaculug amongst winners of government fleet tyre contracts worth £200 million
29th June 2020/by Chris

Kent Police are the most tyre-hungry

UK News
Largest Police Forces bar chartStatista; Tyre Industry Publications Ltd

Continuing our series investigating UK Police fleet tyre demand, we looked a little closer at the differences between the various regional forces tyre preferences. Despite the fact that, as we have seen, tyre purchasing is based on a national framework agreement, there was a surprising amount of variety in both tyre policy and what actually happened when the rubber hit the road, so to speak.

Read more

Related news:

  1. Investigating the national Police fleet’s tyre demands
  2. Metropolitan Police fleet tyre demand
  3. Goodyear commands 75% share of West Midlands Police tyre fleet
  4. Goodyear, Michelin, Lodge and Vaculug amongst winners of government fleet tyre contracts worth £200 million
5th June 2020/by Chris

From Mini to Maxi: six decades of Mini tyres

Premium, Product News, UK News

It’s not just the car that’s grown. This August Mini officially began celebrating the iconic marque’s 60th anniversary. We at Tyres & Accessories wanted to join in with the celebrations by sharing a couple of interesting points about how the Mini’s tyres have evolved over the last 60 years.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Michelin the number one consumer researched tyre brand: Tyre Reviews
  2. Top tyre manufacturers deny involvement in tyre test manipulation
  3. BMW selects Hankook UHP, winter tyres for 7 Series OE fitments
  4. Hankook Kinergy Eco a Which? ‘Best Buy’
8th August 2019/by Chris
Page 1 of 90123›»
© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
Scroll to top