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.

In order to drive further technical improvements and leverage on synergies in the global technical setup, STARCO and Kenda are combining the two technical teams in Europe.

Pirelli, in light of the present Covid-19 emergency, has decided to cancel the production and launch of the 2021 Pirelli Calendar.

 

Due to the impacts of COVID-19, Nokian Tyres will temporarily cease production at its factories to guarantee the health and safety of its employees.

 

The Fleet Engineer for transport and storage specialist TP Niven has praised Michelin for its role in ensuring his vehicles can operate at maximum utilisation during these unprecedented times.

 

UK commercial vehicle production declined -13.6% in February, with 7,980 vans, trucks and buses manufactured, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT).

Bridgestone EMIA has announced that its plants across its European manufacturing network will be either temporarily closing or reducing production, in response to the COVID-19 pandemic.

Hankook has announced in a board resolution that it intends to increase its shareholder value as well as the financial strength and competitiveness of the company. The company intends to take various measures to protect the rights of its shareholders and increase the value of the company.

Pirelli has announced that in light of the Covid-19 emergency and taking into account new government indications, it has suspended the production of tyres at its Italian factories in Settimo Torinese and Bollate.

UK motorists spent a total of £1.25 billion repairing pothole damage to their vehicles over the last year, reveals research published today by Kwik Fit.

Michelin's management in Spain has confirmed that it plans to extend its suspension of industrial activities.

 

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