Maidstone independent tyre dealer Tyrepoint has joined the Michelin Quality Centre network. The family-run business was founded less than four years ago by father and son team Karl and Mark Webber. The joint managing directors have strong industry experience; Karl established his first dealership in 1978. Tyrepoint has built its customer base by offering premium service supported by online reviews and social media marketing. Martin Thompson, Michelin’s AGB brand manager UK & Ireland said, “we’re delighted to give them our seal of approval.”
Anvil Tyre Centre, owned and managed by brothers Daniel and Kyle Wethers, has moved into a new MOT servicing and tyre repair depot in Dromore, Northern Ireland following a six-figure investment supported by Ulster Bank. The move will create two new full-time equivalent jobs when fully operational. As a result, Anvil Tyre Centre is vacating its former trading premises on the Lurgan Road.
Prinx Chengshan and leading Chinese e-commerce firm JD.com have reached a strategic cooperation agreement. The deal will see JD.com’s automotive department distribute Prinx brand electric vehicle tyres, a new product launched by Prinx Chengshan in 2022, amongst other things.
In early July, German insurance company HUK-Coburg bought a 25.1 per cent stake in tyre and fast-fit chain Pitstop. HUK-Coburg will now add Pitstop’s garages to its auto service network offering, which sees motorists – both HUK-Coburg insurance customers and non-customers – pre-book basic vehicle servicing online.
ATS Euromaster reports that demand for its mobile tyre service increase rapidly over the last two years. The tyre retail business currently attends 9,000 jobs a month on average. A quarter more jobs are expected next year.
Staff at B-Quik branch number 196 set to open the growing tyre retailer’s latest branch in Thailand. The Chiang Mai Huaikaeuw location is store number seven in the city of Chiang Mai. Three more openings in Thailand are planned for the next six weeks.
Franchisee Josh Hamilton is set to open his fourth Big O Tires store in Payson, Utah on 10 August. During the grand opening, the new location at 921 Turf Farm Road in Payson will offer free tyre balances and rotations and a variety of coupons for Big O specials.
Brian Maciak has been named the new president and chief operating officer of US-based tyre retailer and automotive service network Big O Tires. He will take on this role on 1 July, following the retirement of Big O’s vice-president and general manager, Jim Bull.
Kerr’s Tyres Group has celebrated its 20th anniversary with its very first customer. Originally opening as Kerr’s Tyres in 2002 with a staff of three, the company has expanded both its scale and the range of services it offers over the last two decades.
Halfords Group has reported strong full-year 2022 revenue growth of +19.9 per cent compared with 2020. That means total group revenues amounted to £1.369 billion in 2022, of which £368 million came from the autocentres business – an increase of 91.9 per cent compared with 2020. Group gross margin totalled £721.7 million, of which £211.0 million came from Autocentres. Much of the Autocentres-driven growth comes via the acquisitions of Iversons and the Axle Group/National Tyres last year, however life-for-like growth of 23.4 per cent shows that business continues on an organic upward trajectory as well. As a result, Halfords Autocentres gross margin is now growing six-times faster than the group’s wider retail business.
ATS Euromaster, which describes itself as a network of “tyre and maintenance centres”, has invested in upskilling technicians so they can work on both hybrid and electric vehicles. Technicians have been trained to IMI standards as part of a phased roll out.