Tag: UK
Northvolt raises US$1 billion for Europe’s first gigafactories
Northvolt has raised US$1 billion of capital to build Europe’s first homegrown gigafactory for lithium-ion battery cells - Northvolt Ett, in Skellefteå, Sweden. At the same time, in cooperation with the Volkswagen Group, the company also announced plans to establish a second gigafactory with an intended location in Lower Saxony, Germany. The news of both factories was announced on 12 June 2019.
Have the truck tyre import tariffs ‘worked’?
The size of the UK truck tyre market by sell-out unit volume fell 9.8 per cent in 2018 set against the backdrop of European import tariffs, according to GfK data presented at Autopromotec 2019. But what do the tell us about the effectiveness of the tariffs?
Growth and stability amongst leading UK tyre retailers
6 - 10 stability, but battle for ninth position Outside of the top five, there is a certain degree of stability amongst the remaining five companies. Those in sixth, seventh and eighth position (McConechy’s, The Tyre Group and Lodge) appear to have remained stable in terms of branch count, with 61, 58 and 40 branches respectively. However, it is worth considering all this in the context of ULM Services Ltd the fleet-orientated cooperation Universal, Lodge and McConechy’s set up during 2017. Put those three partners together and we have 119 branches and another strong contender for fifth position on the table.
ETEL continues to lead top 20 UK tyre retailers 2019
After years of expansion amongst the top 20 UK tyre retailers, the latest data shows that this trend peaked in 2017/2018 when the top 20 accounted for 2014 branches. The same 20 tyre retailers had 1980 branches between them in 2018/2019. And what’s more, the reorganisation of one retailer alone accounted for a 40-centre decline in branch count, with the overall figure remaining positive due to growth at other chains. Here Tyres & Accessories analyses the branch count data in the context of 10 years of comparable research.
Goodyear drops Dunlop brand in registered name change
Following the news that it is refreshing its Goodyear halo brand as its UHP and luxury go-to moniker, Goodyear Dunlop UK Ltd has confirmed it will be removing Dunlop from its registered company name and in future will therefore be known just as Goodyear.
Will new battery production capacity replace car production in the UK?
While the UK new car manufacturing business has taken something of a battering in recent months, The Sunday Times reports that government ministers are considering offering state support for a huge shared electric vehicle battery “giga factory” modelled on Tesla’s enormous US battery manufacturing plant in the Nevada desert. That plant, which is known as Gigafactory 1, is set to have the biggest factory footprint in the world and already employees 3000 people. The UK project has so far been valued at around £1.7 billion.
Tyremen launches premium space saver wheel and tyre kit
Tyremen.co.uk has launched a new space saver wheel and tyre kit called KOM, which is short for Keep On Moving. According to the company, the wheel has been sourced from “a premium aluminium wheel manufacturer” in Italy, which has given the firm “sole UK selling rights to this aluminium space saver wheel”.
Points S partners with FlexFuel
FlexFuel Energy Development UK (FFEDUK), the UK’s leading hydrogen engine cleaning company, has signed a partner agreement with Point S whereby its Hy-Carbon product will be made available to its members initially throughout the United Kingdom, and with a view to a forthcoming global agreement.
Infiniti withdrawing from Europe by 2020
Infiniti Motor Company has announced a restructuring plan that will result in its withdrawal from Western Europe in early 2020. In practical terms this means production of the Q30 and QX30, which are made at the Nissan plant in Sunderland, UK will cease by mid-2019.
Finding success in an increasingly complex sector
Michelin has long been a leading player in the truck and bus tyre markets, with customers ranging from some of the largest fleets out there to owner operators. And yet, recent years have been tough for everyone in the commercial vehicle segment as the forces of economic uncertainty combined with a tidal wave of low-cost Chinese tyres have put pressure on businesses. As we approach Brexit, roughly a year after anti-Chinese truck tyre imports were implemented, Tyres & Accessories spoke to Michelin business-to-business sales director, Chris Smith as well as Andrew French (Michelin director services) and solutions in order to find out more.
Global SUV boom continues…
The latest global SUV market data shows continued growth around the world. Market analyst Felipe Junoz from Jato Dynamics reports that the shift from traditional cars to SUVs began seven years ago and is still going strong. However, there are also signs that growth slowed during the course of 2018. And what’s more the UK remains a world-leading market.
Engineers working on £120 million Fort William alloy wheel factory
On 5 February plans to make Fort William a UK alloy wheel centre of excellence reached another milestone as ground engineers moved onto the site earmarked for Liberty’s flagship factory. According to the company, the technical team moved in with their rigs and excavators for six weeks of in-depth ground investigations which will provide vital information for the design of foundations for the planned plant that is intended to manufacture wheels for at least a fifth of all UK-made cars from 2022 onwards.
Conti offers free AllSeasonContact demonstrations at Mercedes-Benz World
Continental is offering drivers free all-season tyre demonstrations this February half term. The German tyre manufacturer will offer the free demonstrations at Mercedes-Benz World as Partner in Excellence, highlighting its award-winning range across each season and weather eventuality. Tests will also mark the first time its AllSeasonContact has been available for consumer experiences within the UK.
SD-International introduces Three A tyres
SD-International recently added the Three A brand to its contract tyre manufacturing portfolio. According to the company, Three A tyres are now available in England, Scotland and Wales across most market sectors including passenger car fitments.
Brexit OE tyre red-alert
Is Brexit going to wreak havoc on the automotive business or is it all just another millennium bug flash-in-the-pan? If a no-deal withdrawal does spell havoc, is it going to impact the tyre business as much as the OEMs?
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