Business News

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. 

PCL has integrated its ecommerce and distributor portal into the main website, providing visitors with a user-friendly, one-stop shop for all product and support services. 

The 10-year warranty is only valid for products purchased directly from a Bridgestone Group tyre dealer or for the first assembly of a new vehicle (subject to the absence of separate warranties). Tyres must have an intact serial / DOT number and must not be repaired, rebutted or retreaded. 

ContiPressureCheck boosts tyre longevity for earthwork and aggregates group, Kane Group. Advanced tyre pressure monitoring system from Continental reduces the risk of under-inflated tyres, and cost savings from tyre failure reductions boost customer service and vehicle safety. 

Ending a difficult year, Goodyear showed areas of loss and areas of increasing growth, with total year sales down 16% and tyre unit volumes down 19%. However, whilst the segment operating sector for the whole year reduced by $14 million, it rose substantially during the last quarter, showing room for optimism.

Goodyear Ventures has added TuSimple, a global autonomous trucking technology company, to its growing investment portfolio. 

With the aim of collaborating with official institutions, associations and entities that fight the coronavirus pandemic every day, KLEBER is launching a solidarity effort which includes the donation of more than 1,000 tyres through the KSC network of workshops in Spain. 

Falken Tyre’s parent company, Sumitomo Rubber Industries Ltd. has opened a new testing facility at its winter tyre development base, Nayoro Tyre Proving Ground in Hokkaido, Japan. 

Hankook Tire have maintained strong results in an uncertain year, with the key takeouts being a 15.5% increase in global operating profit, amounting to KRW 628 billion (Eur 466 million), as well a 3% rise on high-inch tyres of 18 inches and above. Overall global sales also hit KRW 6.454 trillion or (EUR 4,794 million).