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Bridgestone opens news tyre distribution centre in Australia

Bridgestone Australia

Despite Covid-19 restrictions preventing too much fanfare, Bridgestone has opened a new distribution centre in Truganina, Victoria, Australia. The official opening of Bridgestone’s Truganina hub sees the relocation of the company’s former warehouse, state office and store at Derrimut relocated to the new site, as well as the convergence of the state operations for Lube Mobile, Webfleet Solutions and the expansion of services into new segments – highlighted by the launch of an onsite truck wash.

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  1. Bridgestone voted Australia’s ‘most trusted tyre brand’
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NTDA launches “Safe Tyre Centre Scheme”, Motorists want to keep safety measures in branches

NTDA

With the 19 July 2021 relaxation of Covid-19 legislation fast-approaching, some have dubbed next Monday as “freedom day”. However, Prime Minister Boris Johnson has stressed that the pandemic is not over and in practice the government is passing responsibility for health and safety and social distancing onto businesses and households. With this in mind, the National Tyre Distributors Association (NTDA) commissioned the “Keeping Tyre Centres Safe – Insight Report” and is launching a “Safe Tyre Centre Scheme” in order to help tyre distributors with the challenging choices they face. At the top of the list of difficult decisions is “which (if any) COVID-19 restrictions they will relax in their branches and workshops” after 19 July, as NTDA chief executive Stefan Hay notes in his foreword to the report.

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Related news:

  1. Garages remain open during lockdown 3.0
  2. Tyre garages remain open despite second lockdown
  3. Government consulting on ending MOT extension, NTDA calls for immediate car test restart
  4. Port problems cause Honda Swindon shutdown, pressurise UK tyre supply
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Port problems cause Honda Swindon shutdown, pressurise UK tyre supply

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Pearse Walker; Pixabay

After weeks and months of mounting pressure on UK ports, the automotive industry is showing visible signs of strain. Specifically, Honda UK has halted manufacturing at its Swindon factory because it can’t get the right parts in-time to continue production. General UK tyre supply is likely to be impacted too.

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Related news:

  1. Honda closes Swindon car factory
  2. Michelin temporarily closes some European factories, car tyre demand down 9%
  3. Tyre demand declining 15 to 26 per cent in 2020
  4. Which tyre garages are open during lockdown?
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Fintyre bidder Springwater’s offer includes 50 million euro capital increase

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The Springwater Capital financial group has made a binding offer for Fintyre, which is currently controlled by Bain Capital. No details have officially been released, but some Italian news sources are reporting that the Springwater offer includes a capital increase of 50 million euros. The company has been in talks with potential new investors since May.

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Related news:

  1. European FinTyre Distribution buys Reifen Krieg
  2. EfTD rebrands as Fintyre Group
  3. Fintyre acquisition shows fast-growing firm is ‘doing OK’
  4. FinTyre buys RS Exclusiv Reifengrosshandel and TyreXpert Reifen + Autoservice
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TRA to share offices with NTDA

As of 1 January 2020, the Tyre Recovery Association (TRA) will share its address with the National Tyre Distributors Association (NTDA) in Aylesbury. According to the association, TRA’s new address is:

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Michelin/CFAO distribution deal gets Kenya competition authority approval

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The Competition Authority of Kenya (CAK) has approved Michelin’s bid to form a tyre distribution joint venture with Toyota Kenya’s parent firm CFAO to sell tyres in Kenya and Uganda.

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  3. Michelin inaugurates 3 million square foot distribution centre
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Michelin inaugurates 3 million square foot distribution centre

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A giant new warehouse complex built by Michelin in the USA is now operational and capable of supplying tyres to up to three thousand regional customers. The Michelin Woodruff U70 distribution centre is, at 3 million square feet, the Michelin Group’s largest distribution centre.

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Linglong hosts partner meeting in Turin

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Linglong Tire hosted its dealer meeting in Turin recently. The event focused on global cooperation and Linglong distributors and suppliers from all over the world were reportedly present. Dialogue with local partners was a specific talking point.

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Linglong confirms $300 million deal for Brazil, Paraguay

Linglong Tire confirms the signing of a US$300 million deal with Paraguay-based tyre distributor Sunset Tires. Wang Feng, chairman of Linglong Tire, put his signature on a strategic cooperation agreement along with Nabil Chamseddine, chief executive officer and president of Sunset, on 12 October.

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Linglong signs $300 million South American tyre distribution deal with Sunset

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Shandong Linglong Tire has signed a tyre distribution cooperation agreement with distributor Sunset to expand its market share in Brazil and Paraguay.

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ATL developing a tyre industry specialism

Following the news that logistics service provider ATL officially opened a new ‘ATL Midlands Hub’ in Foston on 6 September 2018, Tyres & Accessories reflects on the company’s strategic decision to move towards the tyre industry. As we have already seen, before Jon Ward Joined ATL in April 2018, he previously worked as managing director for two major automotive companies, including one of ATL’s customers – Mitas Tyres. During his time at Mitas, Ward reportedly doubled turnover in three years, whilst increasing profit and encouraging a cohesive team culture.

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  1. ATL opens ‘ATL midlands hub’
  2. Kirkby positioning Pirelli as premium truck tyre offer
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  4. Michelin invests in Iberian tyre distribution
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Moody’s downgrades American Tire Distributors

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On 5 September Moody’s Investors Service downgraded its Probability of Default Rating and senior subordinated notes rating for American Tire Distributors, Inc., to Ca-PD (from Caa3-PD) and C (from Caa3) respectively, following the company’s proposed debt-for-equity exchange offer to holders of the rated notes. All other ratings, including the company’s Caa2 Corporate Family Rating and Caa1 senior secured bank debt (term loan) rating remain under review for downgrade.

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ATL opens ‘ATL midlands hub’

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Logistic service provider ATL officially opened ‘ATL Midlands Hub’ in Foston on 6 September 2018 to celebrate its recently built high-spec distribution centre and office facility.

To commemorate the opening, the Rt Hon Greg Clark MP, Secretary of State for Business, Energy and Industrial Strategy, officially opened the 35,000 pallet distribution centre and offices, in attendance of over 100 local dignitaries, suppliers and customers.

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  2. Kirkby Tyres celebrate second straight Truck & Agricultural Tyre Supplier of the Year Award
  3. ETRMA tyre sales up 2-3 per cent
  4. Michelin European distribution centre launch ‘Dawning of a new era’ in Stoke
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Kirkby positioning Pirelli as premium truck tyre offer

Prometeon Tyre Group UK Ltd has selected Kirkby Tyres as a truck tyre wholesale partner, with the goal of enhancing its UK distribution capabilities.

With the addition of the Pirelli TBR range, Kirkby Tyres will be now be offering a full-tier commercial product portfolio from value tyres, right through to premium.

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  4. Prometeon supporting Red Cross during coronavirus pandemic
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Growing demand fuels BBC Superfactors move

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The Parts Alliance member BBC Superfactors has moved premises just a year after first opening in Preston. The new building boasts double the footprint at 10,000 square feet and has a full mezzanine too, boosting storage capacity to around 20,000 square feet.

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  1. The Parts Alliance acquires Lancashire parts distributor BBC Superfactors
  2. Andrew Page, The Parts Alliance buy 33 Unipart Automotive branches
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