Cooper Tire wasn’t initially looking to sell when Goodyear chief executive Rich Kramer approached the company, Cooper’s president and CEO told journalists in a virtual press conference on 22 February 2021. Rather, Cooper’s management and board were convinced by Goodyear’s “compelling offer” and “strategic logic”. So, what exactly was it that convinced Cooper’s leadership team?
Common sense seems to dictate that when you tell the majority of the population to stay home, vehicle utilisation – and therefore tyre consumption – should be down across the board. And in a blunt sense the latest full-year panelmarket data from GfK, which tracks points of sale around the UK to indicate aftermarket tyre trends, does show that this happened. However, the latest infographic from the automotive market data analyst also reveals a few more subtle patterns to consumer behaviour in the difficult 12 months of 2020, compared with the previous period. This article is available in Tyres & Accessories’ February issue.
In little over a month’s time, the new Extreme E race series will commence with the opening round in Al Ula, Saudi Arabia, and Continental is ready with its CrossContact Extreme E. The exclusive tyre supplier shares some details of the rubber that will be worn by each of the competing Spark ODYSSEY 21 electric SUVs.
Large, powerful cars and SUVs with electric or hybrid drives are substantially heavier than conventional ICE-powered vehicles and thus need tyres that can handle greater loads. The solution is to fit tyres with a higher load index. The gold standard here is HL, and Continental has announced the arrival of the first passenger tyres with the new HL load index code.
A successor to the Goodyear EfficientGrip SUV has arrived. Starting in January, Goodyear is introducing the EfficientGrip 2 SUV in 52 SKUs for 16- to 22-inch rim diameters. The full range should be available by the end of February 2022.
Pirelli has created a bespoke new Scorpion Zero All Season SUV tyre as original equipment for the latest Land Rover Defender. The new development reinforces the manufacturer’s partnership with Land Rover. Work on the bespoke tyre was begun at Pirelli’s factories in Carlisle and Milan, with Pirelli engineers working closely with their Land Rover counterparts. Over the full course of the intensive development programme, testing was conducted all over the world in the most extreme conditions possible, Pirelli adds.
On 2 December 2020 Pirelli announced price increases in the United States for car and light truck tyres, taking effect on 1 January 2021. According to the company, the increases will vary according to the tyre model and size.
One way or another 2020 has been an eventful year for all of us. The same is true at Apollo Tyres where, at a global level, the company has had to navigate pandemic-related production pauses and restarts along with new factory openings and the decision to enter the two-wheel segment. At the same time as continuing to develop the Apollo brand, the company has also given the Vredestein brand a big push during the last month or so. First, with the launch of a new all-season range, then with the introduction of a new North American tyre line-up and – in order to support both – a pitch-side advertising partnership with Manchester United football club. Tyres & Accessories recently interviewed Neeraj Kanwar, vice chairman and MD, Apollo Tyres Ltd in order to find out more.
Introducing its 2020 all-season tyre test, Auto Bild Allrad comments that these particular products weren’t always highly regarded. Their reputation was tarnished with allegations of compromise; rather than a true alternative to summer or winter tyres, they were viewed as a choice best suited to drivers who demanded little from their tyres. In the words of the specialist 4×4 and SUV magazine, an all-season tyre “used to be a bad summer tyre and then, in the second half of the year, a bad winter tyre.” But its current test shows that the story is very different today.
An absence of alps, frequent sub-zero temperatures and heavy snowfalls make winter tyres a hard sell in the UK. And just as our football fans’ capacity to brave the cold has earned them bemused respect throughout Europe, the average British motorist is content to soldier on with summer tyres even when the mercury drops. But for those who decide to invest in a set of dedicated winter tyres, it’s worth making sure you know what you’re getting.
Leo Mandlsperger may not be a household name over here, but in Germany and some other markets he is famed for his falconry. Now, he is endorsing Loder Tire’s new AT#1 tyre. At the same time, Loder Tire’s distribution partner, delta4x4, is offering a special promotion for all off-road enthusiasts.
4×4 tyre sales may have fallen due to the effects of coronavirus and lockdown, but prices in certain key sizes are actually higher than they were before those challenges presented themselves at the start of the year. Tyres & Accessories spoke to tyre market and pricing data experts Encircle Marketing in order to learn the details.
When you break the data down by size, a number of interesting trends are immediately identifiable. Firstly, there was a clear pre-lockdown price fall in February. The average price of a 255/55 R19 V tyre, for example, fell almost £6 from £138.10 to £132.86 between January and February. However, the average price of this size recovered to a point higher than the January starting point in March (£138.90).
The latest data might show that 4×4 replacement tyre sales are down 6 per cent, however Tyres & Accessories asked market analysts GfK how past trends compare with current realities and found: 4×4 tyres have been hit by the effects of the Covid-19 pandemic, but far less than most other segments. At the same time, the all-season 4×4 tyre sub-segment witnessed some examples of positive growth.
4×4 tyre sales may have fallen due to the effects of coronavirus and lockdown, but prices in certain key sizes are actually higher than they were before those challenges presented themselves at the start of the year. Tyres & Accessories spoke to tyre market and pricing data experts Encircle Marketing in order to find out more.
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