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Comment: Tyre fitters are here to stay

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Andrea Piacquadio

In addition to the latest news and analysis, July’s edition of Tyres & Accessories features the aftermarket, van tyres as well the agricultural/industrial/speciality tyre sector. The latter has proved to be amongst the most resilient sectors during the turbulence of the last year or so. The former two reflect changing market dynamics. In short, many things have changed in the automotive and tyre spaces. And the disruption of the Covid-19 pandemic has accelerated that change. But some things stay the same.

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Related news:

  1. MOTs worth £177 million a year in UK tyre sales
  2. NTDA: MOTs are central to vehicle safety
  3. MOT demand peaked at Christmas, Lockdown-related testing boom finished in January
  4. MOT-based tyre demand holds fast in 2020
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Kenda Tires Europe appoints reifen.com as distribution partner

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Kenda

Kenda Tires Europe will distribute its full passenger car tyre portfolio across Germany and Austria via reifen.com GmbH. The agreement took effect on 1 July 2021 and means customers can now purchase Kenda’s complete passenger car tyre portfolio from 37 reifen.com customer outlets across the region as well as from its online shop.

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Related news:

  1. Mobivia Groupe to acquire ATU
  2. Will rent price discord torpedo A.T.U. acquisition?
  3. Mobivia Groupe to complete acquisition of tyre retailer A.T.U. this month
  4. GT Radial moves from exclusive to multiple car tyre distribution in Germany
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Kwik Fit expansion: Bath added to target list of 25 towns and cities

Kwik Fit

Kwik Fit has added Bath to its list of target locations for new centres, making it 25 towns and cities that the UK’s largest retail chain is focusing on. At the start of July Kwik Fit said it is looking for “new centres across the country” especially those with “proximity to supermarkets and leisure facilities”.

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Related news:

  1. Kwik Fit seeking town properties as part of expansion plan
  2. ETEL continues to lead top 20 UK tyre retailers 2019
  3. Kwik Fit owner Itochu prepares for sale scenario
  4. Itochu sold 26 Kwik-Fit freeholds in the first half of 2020
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MOT-based tyre demand holds fast in 2020

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Andrea Piaquiadio

With tyre specialists doing as much mechanical work as ever, and with autocentres representing a growing proportion of the top 25 tyre retailers, understanding the so-called aftermarket side of the business is important. When you add in the pandemic-related disruption, which includes the effects of the government’s six-month MOT extension – something that has caused a mini-boom and bust in the garage space – getting to grips with the latest trends and products in the aftermarket sector at this particular time is something of a priority. That’s why in this section July’s edition of Tyres & Accessories surveys the latest data, trends and products to help you prepare for what’s next. Our aftermarket feature starts with an analysis of the full-year 2020 MOT data from a tyre demand perspective.

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Related news:

  1. MOT exemption starts on 30 March 2020
  2. MOT demand set to double in the last quarter of 2020
  3. MOT demand peaked at Christmas, Lockdown-related testing boom finished in January
  4. MOT test demand set to spike in 2019
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First Stop, Webfleet Solutions partner for World’s Fastest Shed

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Bridgestone’s tyre retail network First Stop and telematics provider Webfleet Solutions will jointly support the World’s Fastest Shed. First Stop is sponsoring Guinness World Record holder Kevin Nicks and his road-legal outbuilding. Webfleet Solutions has installed its Webfleet fleet management software on the unusual vehicle.

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Related news:

  1. First Stop partners with world’s fastest Shed
  2. First Stop ‘accelerating’ expansion plans
  3. First Stop names Mark Widdows as retail manager
  4. A&A Tyre & Auto Services joins First Stop
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Lodge Tyres consolidated in 2020, growing in 2021

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Tyre Industry Publications Ltd

Following Halfords’ recent acquisitions of Universal Tyres and McConnechy’s before that, many have speculated regarding what the future holds for Lodge Tyres. Rumours aside, the short story is that Lodge Tyres had a good 2020 despite the obvious Covid-19-related adversity and is set for further growth in 2021. Tyres & Accessories met with Lodge Tyres managing director Andy Christmas and commercial director Martin O’Brien in order to get the latest details straight from Lodge Tyres’ management.

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Related news:

  1. McConechy’s Tyre Service Ltd sold to Halfords for £8.5 million
  2. Halfords buys Universal Tyres and Autocentres for £15 million
  3. Goodyear and Halfords moves represent the virtualization of the tyre distribution chain
  4. Halfords Autocentres reports 89.6% increase in pre-tax profit – next stop ‘market leadership’
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Tyre businesses need to take responsibility for managing Covid risks

NTDA

The media might have picked up on the rhetoric of “freedom day”, but the NTDA’s recent “Keeping Tyre Centres Safe” report highlights the fact that businesses will still be required to take responsibility for managing health and safety risks: “All employers will continue to have a legal responsibility to protect workers and others from a risk to their health and safety and have a legal duty to consult workers on health and safety matters.” Here, Tyrepress.com takes a close look at the responsibility and choices facing tyre retailers.

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Related news:

  1. Milestone to one side as Saracens Tyres sticks to customer-first approach
  2. Garages remain open during lockdown 3.0
  3. NTDA launches “Safe Tyre Centre Scheme”, Motorists want to keep safety measures in branches
  4. 95% of tyre centres keeping some or all Covid-19 measures
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95% of tyre centres keeping some or all Covid-19 measures

NTDA

Data in the NTDA’s “Keeping Tyre Centres Safe” report shows that 95 per cent of tyre centres keeping some or all Covid-19 measures. Providing useful insights into consumer and retail thinking on subject, the NTDA report highlights that: two-thirds of drivers are concerned about Covid-19 restrictions being lifted (this trend was most noticeable in Scotland where the figure was 69 per cent); that the majority “want to see safety measures REMAIN in tyre centres”; and that “63 per cent of the nations’ drivers would be more likely to choose (and 65 per cent more likely to trust) a tyre centre that continues to enforce safety measures”.

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Related news:

  1. NTDA launches “Safe Tyre Centre Scheme”, Motorists want to keep safety measures in branches
  2. Garages remain open during lockdown 3.0
  3. Tyre garages remain open despite second lockdown
  4. Are truck tyre technicians key workers?
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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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Kwik Fit seeking town properties as part of expansion plan

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Kwik Fit has commissioned property consultancy Rapleys to find “new centres across the country”, in a move that reveals the market-leading fast-fit’s expansion plans.

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Related news:

  1. Itochu sold 26 Kwik-Fit freeholds in the first half of 2020
  2. ETEL continues to lead top 20 UK tyre retailers 2019
  3. Kwik Fit owner Itochu prepares for sale scenario
  4. Kwik-Fit For Sale for £250 million?
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First Stop invests £20,000 in Eastern Tyres visuals

First Stop

First Stop has invested £20,000 overhauling the visuals of one of its latest independent partners. Eastern Tyres, based in Fronks Road, Harwich has teamed up with First Stop to undergo an extensive facelift. The centre’s owners, Paul Eagle and Troy Wrenn, whose business only became a First Stop member a matter of weeks ago, hope to clip the wings of competitor garages in future.

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Related news:

  1. First Stop accepted by Foxy Lady’s female friendly Tyre Services Register
  2. First Stop aiming for 220 branches in four years
  3. First Stop offer TechMan Pro garage management software
  4. First Stop secures 20 prime retail sites for additional tyre retail franchisees
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Halfords Autocentres reports 89.6% increase in pre-tax profit – next stop ‘market leadership’

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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.

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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
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First Stop secures 20 prime retail sites for additional tyre retail franchisees

First Stop

First Stop has teamed up with a London-based firm of property developers to source and secure 20 prime retail development opportunities in a bid to attract new franchisees to its tyre and autocare network.

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Related news:

  1. First Stop joins NTDA
  2. A&A Tyre & Auto Services joins First Stop
  3. The Auto Workshop joins First Stop, rebrands as flagship centre
  4. First Stop partners with Pilgrim Tyres
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Stone Tyres submits planning proposal for MOT bays

Google Maps; Bluesky, Infoterra Ltd & COWI A/S, Infoterra & Bluesky, Maxar Technologies, The GeoInformation Group

Stone Tyres in St Helens has submitted plans to St Helens Council regarding the expansion of his growing tyre retail business. Despite the advertising of the last 12 months, Stone Tyres has continued to grow – especially the firm’s Gorilla Tyres mobile tyre fitting sister business. However, the latest expansion plans refer to bricks and mortar business and specifically to the construction of an MOT centre next to the Stone Tyres premises.

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Related news:

  1. ATS Euromaster opens new Bracknell centre
  2. The growing influence of autocentres on tyre retail
  3. Tyre distributors come together for ‘Kick-starting your business’ webinar
  4. Bush Tyres opening two retail sites and a new warehouse
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Tyre dealers could save £1000s in payment processing fees

Bopp

Tyre dealers stand to save thousands of pounds a year by shopping around when selecting payment processing providers. For a long time tyre retailers did business with cash, cheque and invoices. The next generation brought with it credit and debit card processing, something that has become the norm in garages. Now, a new generation of payment processing providers are offering to streamline the critical payment part of any business while also significantly reducing the associated fees.

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Related news:

  1. Micheldever’s TyreClick to support independents’ online competitiveness
  2. Tyresoft launches webtrade mobile web portal
  3. TyreClick reaches £10 million of revenue
  4. Tyres On The Drive offers self- scheduling with Descartes
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