Business News

UK light commercial vehicle (LCV) market grows 2.0% in January, with 24,029 vehicles registered. Registrations of large vans single-handedly drive demand, surging 25.4% as all other segments experience double-digit decline. New emissions figures reveal 2020 as the year with lowest recorded van-derived average CO2 emissions, down -1.8% on 2019. 

The Latin Expo Group is announcing the postponement of the Latin American & Caribbean Tyre Expo and the Latin Auto Parts Expo due to the Covid-19 pandemic, in order to safeguard public health and safety during this time. 

Notching up a win in the notoriously difficult Dakar rally, a combination of Dmitry Sotnikov's participation and the durability of Goodyear standard Offroad ORD tyres proved to make for a record-breaking outing for the Top 3 podium winning team.

Joining the Premiership Rugby Union Leicester Tigers for the 2020/21 and 2021/22 seasons, Toyo Tires will act as the official tyre partner, as well as kit sponsor, with the company logo featured on the back of the home and away team kit.

The UK’s engine manufacturing has declined -27.0% in 2020 to just over 1.8 million units. Production for domestic and overseas markets falls -23.4% and -29.1% respectively. December saw production fall -7.9% to round off bleak year for sector. 

Part 2 of our interview with Steve Daly saw us turn our attention to CAM's strategy during lockdown with fitter-force and their prospects for 2021.

British commercial vehicle production falls -15.5% in 2020 to just 66,116 units, the lowest annual output since 1933. Output for overseas markets down -17.8%, while production for the UK drops -12.2%. More than half (57.3%) of all British-built CVs destined for global markets, underlying the importance of frictionless trade. 

Wolfgang Thomale takes over as head of Continental’s Two-Wheel Tyres business segment, while Thomas Falke is set to head Commercial Specialty Tyres business segment. With the change in management, the Specialty Tyres business unit continues on its growth path. 

In an effort to ensure increased inclusivity on a global scale, the Recircle Awards have unveiled six new award categories. Four of them will be open to public vote. Additionally, two Lifetime Achievement awards have been confirmed. 

In another important milestone for Vaculug Ltd, they have reported an accident-free year in 2020. Since their metamorphosis in 2018, they have been instrumental in shaking up the industry with both technological innovation as well as through investments.