Tag: sales
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.
ZC Rubber sales up 22%
At the ZC Rubber dealer meeting held in late January, the ZC Rubber reported that its 2017 sales revenue was up by about 22 per cent.
Sailun sells Kings Road Tyres for £500,000
Sailun Jinyu Group has announced that it sold its Kings Road Tyres Group (KRT Group) tyre wholesale subsidiary to KRT Holdings Ltd in a November Shanghai stock market statement.
New sales manager for Magna Tyres Group
Magna Tyres Group has appointed Arjen Sibon as sales manager, effective from 1 July. In this position, he has taken on the responsibility for growing and improving key accounts in the European OTR tyre business.
March was record month for Liqui Moly
German oil and additive specialist Liqui Moly reported the highest monthly sales in its company history in March: 49.2m euros. “We have achieved an outstanding start to 2017,” says Ernst Prost, managing partner of Liqui Moly.
Micheldever reports record General Tire sales in 2016
Micheldever Tyre Services (MTS), the exclusive General Tire distributor for England, Scotland and Wales, and the largest General Tire dealer in Europe, has reported record sales of General Car, Van and 4x4 tyres in 2016. Sales volumes for the General Tire brand in 2016, increased by more than 50 per cent for MTS and the company saw many of its individual General Tire dealers experience record sales of their own.
Liqui Moly invests in UK with boosted sales team
German oil and additive manufacturer Liqui Moly is recruiting more staff in the UK. While the company does not normally employ its own personnel in the various countries in which it operates, Liqui Moly sees the UK as an exception. “We see great potential here so we’re investing in a promising future,” says Ibrahim Memis, […]
Ready for take-off: is Dunlop Aircraft Tyre Ltd (DATL) up for sale?
While the vast majority of the UK’s tyre production and retreading capacity refers to trucks and a relatively small amount of car tyre retreading still takes place as well as some specialist earthmover retreading, one of the nation’s largest retreaders makes aircraft tyres. Dunlop Aircraft Tyre Ltd or DATL as it is known has demonstrated strong growth in recent years and is majority-owned by private equity. Put the two together and it begs the question – is Dunlop Aircraft Tyre Ltd (DATL) up for sale?
Hexpol buys Berwin Group for £25 million
On Friday 3 June Swedish firm Hexpol bought 100 per cent of the Berwin Group Ltd shareholders Glyn Williams and his family for around £25 million. Berwin has more than 60 years’ experience of rubber compounding and is a leading Rubber Compounder in the UK market.
MWSD targets further trailer OE growth with European sales appointment
Motor Wheel Service Distribution (MWSD) has appointed Alex Kitzen to the position of European sales manager. The Manchester-based wheel distributor is targeting further growth in the trailer original equipment market.
National sales manager for Auto Windscreens
Simon Limbrick, former business manager of Autoglass, has joined Auto Windscreens as national sales manager.
KRT reports 20% increase in budget truck tyre sales
Kings Road Tyres (KRT), one of the largest specialist distributors of truck tyres in the UK, has reported substantial growth in sales of its budget ranges of TBR fitments, with volumes up 20 per cent year-on-year. KRT sells a number of exclusive budget brands including Aeolus, Antyre, Fullrun and Blacklion.
Polish tyre racking firm appoints British sales manager
The Polish tyre and accessory racking manufacturer, Arcom has appointed Richard Ryder to the position of sales manager. Based at Arcom’s offices in Rzezawa, near Krakow, Ryder will deal mainly with UK customers, but with additional responsibility for other English-speaking customers in Europe.
First Line Group names turbo hose promo prize winners
First Line Group has rewarded Dominic Cox from DC Car Repairs, Oxford, and Alan Hurdley from CRM Express, Cowley, in its sales promotion for its comprehensive range of First Line branded turbo hoses. The former received a £500 Snap-on professional tools voucher, and the latter a Bose SoundLink Air digital music system after they supplied the winning turbo hoses.
Hankook increases operating profit, sales
On the back of an expanding original equipment portfolio and higher ultra-high performance tyre sales Hankook Tire has reported increased operating profits and sales in its third quarter, reversing a year-long downward trend. The manufacturer has global sales revenues of 1,250 million euros (KRW 1.72 trillion), with operating profit of 208 million euros (KRW 276 billion).