Business News

This news section will allow you to find out about takeovers, mergers and other market news within the commercial tyre and fleet management industry.

Vaculug has announced the appointment of Prem Devarajan as the new Chief Sustainability Officer for the company. Devarajan has been promoted internally from Zenises where he has been helping run the Operations of the Group for several years. Prior to Zenises, he helped run Operations for one of India’s largest multinational groups. 

 

Exmouth-based Adam Brice Tyres, which specialises in mobile tyre fitting services for car, truck, agriculture, earthmover and plant, has gone ‘live’ with e-jobsheet standalone to digitise its business, speeding up work-to-billing processes. 

With its brand name gaining more awareness among tyre service professionals, MARTINS INDUSTRIES looked to further expand its presence in this market by recently launching 17 products in 3 new categories: Tyre Spreaders, Floor Jacks & Accessories and Mounting & Demounting Truck Tyre Tools.  

By 2050, Michelin tyres will be made entirely from renewable, recycled, biosourced or otherwise sustainable materials. Michelin reveals how to make a tyre 100% sustainable; an objective being met with powerful research & development capabilities and bold partnerships with innovative start-ups. 

 

ContiTrade Spain has announced that Ana Gómez Moral has taken the role of Marketing Director since January 2021. She will be in charge of coordinating and developing all the marketing and communication projects of the BestDrive and Eurotyre networks. 

The Goodyear Tire & Rubber Company have announced that they have entered a definitive transaction agreement to acquire Cooper for a sum in the region of USD 2.5 billion.

Sheffield-based pneumatics expert PCL is driving forward its partnership strategy for 2021 with the appointment of another new professional to its sales team as part of a restructuring of territories. 

The demand for new buses and coaches drops -32.0% in 2020, with 3,996 vehicles joining UK roads. Single-deck registrations are down -58.7% to 755 units, driving overall decline. The sector calls for promised funding and bus strategy to be released urgently to support jobs, livelihoods and green ambition. 

Truck registrations drop to 32,918 units following bumper 2019 and impact of pandemic. Falls seen in both rigids (-27.9%) and articulated trucks (-37.2%, and Q4 underwhelms with -10.9% fall despite pre-Christmas push in truck activity. The gradual return to pre-pandemic utilisation levels, however, provides hope for 2021. 

Following a 12-month review of its UK and European operations, MWheels has rebranded as The Wheel Hub and Wheel HUB GmbH respectively. 

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