The old mindset was that tyre consumers weren’t able to make their own purchase decisions, so the repair shop salesperson usually had the power to decide which products to offer, and the only issue would be what they sold, not if they sold. And the whole package or fitting and balancing the tyres sold was already money in the bank. Now, they are lucky if they get the latter, as an enormous amount of consumers have found that there is a lot of money to be saved by purchasing the tyres online and then shopping around for the cheapest place to have them fitted and balanced. People in the industry know that this often results in consumers buying the wrong products, as there are many factors apart from the size of the tyres that are equally important, and it can end up being a lot more expensive for consumers if they are not careful. But this still doesn’t defer the wide masses of consumers to take this route. Some companies have figured this out, and I have even seen an example of a really clever online platform, offering consumers the option to first find the best price for a given set of tyres and then choose the most convenient shop where they will be delivered directly and fitted after booking a time through the portal. That is a brilliant solution for consumers – but yes, the platform takes most of the profits from both the party selling the tyres and the shop selling the fitting service, no doubt about that.

Regardless, it shows that intelligent solutions making things easier and cheaper for consumers are those that create market shares. The ability to let the consumer choose between tyre offers from all over the country instead of just the local shop is already a great benefit, but to also be able to book a time and place to have them fitted without having to contact another party for that is truly brilliant. Furthermore, in these Covid times it’s perfect, as everything except dropping the car off for the service can be done in a flash in front of the screen at home. The next thing might be shops also offering home services using mobile tyre fitting stations, and the client would just need to unlock the car using the remote key from behind the window in case it needs to roll a bit. But it does sound a bit paranoid, doesn’t it? I mean, I hope we’ll get a bit back to real human interaction after Covid, and this last service step might just be a bit too much.

That being said, it would make sense to offer the service at the office parking lot to save the employee/consumer the time to drop off and pick up the car at the shop. Lately, we have seen windshield repair companies offering this exact type of service, even for whole windshield replacement jobs, and I hear it’s fabulous – as long as it’s not raining. These sort of intelligent, out-of-the-box solutions where companies move their products and services to where it’s convenient for the consumers are definitely creating great value, and growing in scale. The key trend which Covid has spawned here is moving the focus to value and benefits instead of unit pricing; after all, it’s easier to make profits from a transaction when having more than just the product itself in the basket, and it becomes harder for consumers to distinguish offers when only looking at the price.

In these days, where the costs of freight and transportation have skyrocketed as an after-effect of the first Covid-19 outbreak in China, and later strengthened by compound effects related to shipping disruptions, accordion-style capacity fluctuations, congestion and semi-conductor chip shortages, one can only thrive and prosper in the tyre business if one is successful in letting consumers see the value of a proposal, and not only the price. Intelligent algorithms, traffic analysis and consumer behaviour projections will be the most important factors going forward. (TT)

Apollo Tyres Ltd has secured a one-season shirt-sleeve sponsorship agreement with AS Monaco, one of French football's most successful clubs, to increase awareness for its premium Vredestein brand.

This partnership will leverage Ligue 1's ranking as the fifth most watched football league in the world to raise awareness of Vredestein's award-winning products among a large audience in France and abroad. On November 22, AS Monaco's home league game against Brest will have the new sleeve branding for the first time. The Vredestein brand will be heavily promoted at Stade Louis-II for the 2024–2025 season, including on player sleeves and LED screens around the field. Exclusive social media initiatives will further help make the brand prominent, reaching a large and interested audience.

Yves Pouliquen, Vice President – Commercial, Europe, Apollo Tyres, said, “This partnership is an exciting opportunity to strengthen Vredestein’s presence in one of our key markets. AS Monaco’s rich history and commitment to excellence mirror our focus on performance and innovation. We look forward to building a successful relationship with the club and celebrating its achievements this season.”

Thibaut Chatelard, Marketing and Revenue Director, AS Monaco, said: “We are delighted to welcome Apollo Tyres and its Vredestein brand to the family of AS Monaco partners. This collaboration makes sense in view of the values we share, such as the constant pursuit of performance and excellence. There’s no doubt that this new support will be precious for the rest of our season, which promises to be thrilling.”

Nexen Tire, a leading global tyre manufacturer, has launched the Nexen N´Blue S tyre, adding to its range of summer tyres and providing drivers with advanced safety, energy efficiency and superior driving stability in wet and dry conditions.

Developed using highly dispersed silica and equipped with an optimised structural design, the Nexen N´Blue S tyre provides reduced road noise and improved driving stability. The tyre features an innovative tread compound, formulated with hydrophilic fillers and microstructure-controlled polymers, and provides lower rolling resistance and exceptional dry and wet grip. The tyre also excelled in test results by demonstrating an 11 percent improvement in wet braking distance compared to its predecessor.

Apart from providing excellent performance, the Nexen  N´Blue S also scores high on the sustainability index. The tyre provides an eco-friendly solution for environmentally conscious drivers by minimising fuel consumption and CO2 emissions. The Nexen N´Blue S summer tyre is available in 58 sizes, which makes it compatible with different types of vehicles.

Kumho Tire Vietnam Co., Ltd. is all set to expand its investment project in Binh Duong province of Vietnam, with the phase 3 of expansion commencing in early 2025. This was discussed at a recent meeting between Vo Van Minh, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee (PPC), and Kim Hyun Ho, General Director of Kumho Tire Vietnam Co., Ltd.

The meeting was held on 13 November at the Administrative Centre of Binh Duong province, as per an official statement. Apart from the company’s investment till date and the planned investment for phase 3, the two also discussed about the challenges and obstacles regarding procedures and processes to have more land funds to expand the manufacturing plant, along with taking measures to tackle the obstacles. Kim Hyun Ho also conveyed to the PPC Chairman that Kumho Tire Vietnam Co., Ltd. belongs to South Korea's Kumho Tire Group and is currently ranked 10th in the car tyre manufacturing industry.

The company had invested in a tyre manufacturing plant in My Phuoc 3 Industrial Park in 2007 with a total initial investment of USD 308 million, which was supplemented by another USD 300 million in 2021. This extended the factory scale to six hectares and increased the production capacity to 12.5 million tyres annually. With the expansion in early 2025, the company will raise its total investment to USD 908 million and increase the factory's production capacity to 17 million tyres annually. The expanded capacity is expected to be operational by early 2026.

Yokohama-ATG, a leading manufacturer of all-terrain and off-the-road tyres, has expanded its Galaxy MFS 101 SDS range of forklift tyres with the launch of white, non-marking tyres.

The Galaxy MFS 101 SDS range consists of puncture-proof SDS tyres with extended wear limits designed for high-intensity working shifts and long durability. These are premium, solid rubber tyres developed for tough demands, a long service life and high driving comfort. The addition of white, non-marking tyres is specifically aimed at clean working environments.

Marked by a 3-stage construction process, the forklift tyres feature reduced heat build-up, effective shock absorption and minimised vibrations. The pattern design guarantees a smooth ride and good steerability thanks to its continuous centre lug and circumferential grooves. Furthermore, the flat walls and wide flat profile offer excellent stability when using a forklift for vertical stacking. The tyres are also equipped with anti-slip steel beads for improved rim fitment

In a case study on a CAT 2.5-tonne forklift that was used for handling heavy pallets on asphalt, the Galaxy MFS 101 SDS outshone the competitors with impressive performance. The tyre delivered an approximate 900 working hours before replacement against competitors’ 500 working hours.