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.

Valebridge Media Services (VMS), the Crewe, UK and Madrid, Spain-based media services agency, has announced the Shortlist of nominees for the 2022 edition of the Recircle Awards, the industry awards event recognising sustainable innovation, production processes, management and services within the tyre retreading and recycling industries.

Hankook and Hyundai will take to the roads of Germany to focus on sustainability in logistics, organised by H2 Green Power & Logistics. A hydrogen-powered Hyundai XCIENT Fuel Cell will be the vehicle of choice, fitted with Hankook's SmartFlex. 

The best figures since June of this year, the commercial vehicle market is seeing a domestic bounce as the year-to-date figures for 2021 shows a healthy 15% on 2020 levels. With a weak October 2020, the figures show signs of a more stable market, although production is down 18% on the pre-pandemic average, showing that the market is still not at the normal level, in figures released by the Society of Motor Manufacturers and Traders (SMMT).

Focusing on the Present and Future of Technology and Smart Farming, BKT’s Global Trends series works with experts and special guests to get to grips with 'AgTech' methods for today and tomorrow.

With external problems continuing to wreak havoc on the industry, the 7,715 registered vehicles for the third quarter is only a mild 8.4%. This subdued quarter is also 9.8% down on the weak third quarter of 2019. Cumulatively, the registrations for the year-to-date is more noticeable, with only 27,272 trucks registered, which is 24.3% down on the pre-pandemic 2019 level, in figures released by the Society of Motor Manufacturers and Traders (SMMT).

With just 853 vehicles registered in the third quarter of 2021, this is a decline of 19.8% and a drop on 500 units (37%) on 2019 levels. Double-deckers, in particular, have fallen greatly as low passenger numbers continue to reduce the demand within the industry, in figures released by the Society of Motor Manufacturer and Traders (SMMT).

Piloting the DrivePoint Heavy Duty for Automated Guided Vehicles (AGV) at Hutchinson Ports ECT Rotterdam, Goodyear were able to showcase the ease of maintenance for autonomous port applications for one of the world’s largest AGV operators. 

Los Premios Hevea, organised by Europneus has nominated Trelleborg for three awards, capping off a strong year for the manufacturer.

With a new warehouse, new stock-keeping units and more space for the AGRI STAR II, Kirkby Tyres, who started exporting Alliance tyres in 1967 will help extend Yokohama's presence in the UK.

Michelin chief executive Florent Menegaux set out how the partnership approach to the revitalisation of the company’s former Dundee tyre manufacturing site sets a blueprint for the sustainable transformation of industrial areas, in line with the objectives set out for COP26.

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