Frico Tyre’s Post

📰 The European Commission has approved a €99.5 million Romanian measure in favour of Nokian Tyres plc. The aid will support the establishment of Nokian Tyres’ new zero CO2 tire factory in Oradea, Romania. The construction of the factory, which will be the first zero CO2 tire factory in the world, started in May 2023. Once completed the factory will produce approximately 6 million tires per year with an expansion potential in the future. The first tire was produced on 1 July 2024, and commercial production will start early 2025 👉 https://lnkd.in/e3zkW2jt #automotive #tyres #logistics #supplychain #freight #transportation #translogconnect

On this #TruckingTuesday Did you know that "K" Line iconic logo is actually comprised of three companies when it formed in 1919? Kawasaki Kisen, Kawasaki Zosen and Kokusai Kisen - "K" Line In 2017, "K" Line along with Mitsui O.S.K. Lines (MOL), and Nippon Yusen Kabushiki Kaisha (NYK Line) merged with Ocean Network Express (#ONE) to create the #ONE alliance. The intent; Improve efficiency and competitiveness in the container shipping industry by pooling resources, sharing vessels, and coordinating routes. These containers are often interchanged to book a drayage move with one of the mentioned shipping lines. So the next time you see these iconic logos on containers, it may not be that exact shipping line that's importing or exporting your goods. #Drayage #Shipping #InternationalShipping #Logistics #Oakland #LongBeach

The motorcycle industry in Thailand is expected to remain steady in 2024 due to weak consumption and high household debt, resulting in a decrease in disapproval of loan applications. Thailand's motorcycle market illustrated decreased sales in the first quarter by 8.86% year-on-year to 574,649 units, partially recovered in April 2024. The industry aims to produce 2.12 million units this year. The Federation of Thai Industries (FTI) is optimistic about sales prospects, anticipating that the launch of new motorcycle models in both internal combustion engine (ICE) and EV categories, as well as new sales promotion campaigns, will contribute to increased sales. Thailand is a major motorcycle manufacturing base ranking in 5th place as regards production capacity (2 million), after China (23 million units), India (20 million), Indonesia (8 million), and Vietnam (3 million) #MotorcycleinThailand2024 https://lnkd.in/gVuF_w3i https://lnkd.in/giUFM8i7).

𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐑𝐨𝐚𝐝 𝐀𝐡𝐞𝐚𝐝: 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧𝐭𝐨 𝐌𝐚𝐥𝐚𝐲𝐬𝐢𝐚'𝐬 𝐓𝐰𝐨-𝐖𝐡𝐞𝐞𝐥𝐞𝐫 𝐓𝐢𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 The #Malaysia_Two_wheeler_Tire_Market is estimated to grow at a CAGR of around 5.46% during the forecast period, i.e., 2024-30. MarkNtel Advisors - Market Research Company dives deep into the market dynamics, offering a comprehensive report packed with valuable insights: ✅ 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 & 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: Understand the current market size, growth trajectory, and key trends shaping the industry. ✅ 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬: Explore the factors propelling market growth, including rising disposable income, increasing urbanization, and growing preference for two-wheelers for daily commutes. ️ ✅ 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐢𝐨𝐧𝐬: Gain insights into regional variations in demand and identify potential growth pockets within Malaysia. 🇲🇾 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐟𝐫𝐨𝐦 𝐌𝐚𝐫𝐤𝐍𝐭𝐞𝐥 𝐀𝐝𝐯𝐢𝐬𝐨𝐫𝐬 𝐚𝐧𝐝 𝐬𝐭𝐚𝐲 𝐚𝐡𝐞𝐚𝐝 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐫𝐯𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐥𝐚𝐲𝐬𝐢𝐚𝐧 𝐭𝐰𝐨-𝐰𝐡𝐞𝐞𝐥𝐞𝐫 𝐭𝐢𝐫𝐞 𝐦𝐚𝐫𝐤𝐞𝐭! https://lnkd.in/geGNeUU7 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬- Bridgestone Tyres (PNG) Ltd, Continental, Michelin, Pirelli, Maxxis International, TVS Eurogrip Off-Highway Tyres (OHT), Yokohama TWS, Others #tire #tireindustry #automotive #automotiveindustry #Malaysia #TwoWheelerMarket #TireIndustry #MarketResearch #Transportation #marketresearchreports #marketanalysis #marketgrowth #industryanalysis #industrygrowth #consulting #marknteladvisors 

Roughly two years ago, Tyres & Accessories visited Alba Tyre Management Ltd for the first time and found a professional retreading operation taking on an increasingly influential position in the Scottish retreading business by following a premium retread strategy. 24 months later, the company has grown by something like 30 per cent. We spoke to director David Wilson as well as company found Alex Wilson in order to find out how Alba has grown at such an impressive rate. Such is the scale of Alba Tyre Management’s growth, arriving at the same door as two years ago means arriving at the wrong door. In the interim, what was the office has been turned into a distribution warehouse and the newly fitted office (where we began our meeting) is now in a separate building, which the company acquired during the last 18 months. Since then, Alba has further expanded and optimised its retread operation. The new commercial space came up for auction around a year ago. And Alba Tyre Management has been in the additional area since last summer, moving its operations across as part of a staggered transition. As well as overall business growth, the rationale behind the extension comes down to the broader range of services Alba now offers. The fact that the company is the only retreader for miles around means Alba can offer logistics services, major repairs and new tyre distribution as well as its core retreading operations as part of a regionalised one-stop shop. For example, many customers don’t have dedicated space to keep tyres, so Alba now offers them new tyre logistics. On this point, the company is able to offer at least weekly deliveries. But in many cases tyres are sent out much more frequently, often four-to-five times a week in the well-populated Scottish central belt, for example. When it comes to brands, the company doesn’t offer single brand exclusively, rather choosing to offer customers a range that – in line with the rest of the company’s ongoing strategy somewhat prefers premium products. When it comes to sustainability – both in business and ecological terms – premium retreading has distinct advantages. The premium focus on sustainability brings with it less reliance on casing dealers, making businesses that focus on such a strategy close to self-sufficient. Alba Tyre Management also has a good track record of doing business with council fleets, a field the company has been successful in for two decades. Indeed, 2024 marks the 20th anniversary of council fleet business, business the company does in partnership with all the major tyre services across Scotland and the North of England, offering tyres for every wheel position. Alba’s council fleet business has grown significantly over the years for a number of reasons. Firstly, because of the high quality products and service experience that the customer councils receive. Ecological consciousness and more recently the wider topic of sustainability has also pla

🚗 Discover the Top Import Markets for Passenger Car Tyres! 🌍 At IndexBox, we've conducted extensive research to identify the best import markets for passenger car tyres. These findings can help businesses optimize their import strategies and tap into lucrative opportunities. 1️⃣ United States: The largest importer of passenger car tyres, the U.S. offers immense potential for manufacturers and suppliers. #USMarket #AutoIndustry 2️⃣ Germany: Known for its robust automotive sector, Germany ranks high in car tyre imports. It's a valuable market to explore for global tyre exporters. #GermanMarket #Automotive 3️⃣ United Kingdom: The UK market boasts a strong demand for passenger car tyres, presenting a wealth of prospects for international providers. #UKMarket #CarTyres 4️⃣ France: Not only known for its fashion and cuisine, France also represents a solid market for passenger car tyre imports. It's an excellent place to expand your customer base. #FrenchMarket #Import 5️⃣ Canada: As a major automotive market, Canada has a consistent demand for quality car tyres. It presents an opportunity for global suppliers to capture a substantial market share. #CanadianMarket #Auto 6️⃣ Australia: With a thriving automotive industry, Australia stands out as an attractive import market for passenger car tyres. Businesses can benefit from expanding their operations Down Under. #AustralianMarket #Tyres 7️⃣ China: As a global hub for automobile manufacturing, China is a key player in the car tyre import market. Suppliers can leverage the immense potential it offers. #ChinaMarket #AutoIndustry 8️⃣ Spain: Spain's automotive sector is on the rise, making it an emerging market for importing passenger car tyres. Don't miss out on the opportunities it presents! #SpanishMarket #Automotive 9️⃣ Italy: Known for its luxury car brands, Italy's import market creates a promising environment for passenger car tyre suppliers. Expand your reach to this prestigious market. #ItalianMarket #CarTyres 🌟 These import markets showcase strong demand and growth potential in the passenger car tyre industry. By targeting these countries, businesses can maximize their sales and establish a strong global presence. 🌍💪 #IndexBoxResearch #AutoImport #GlobalMarket #TradeOpportunities #BusinessGrowth #InternationalTrade #TyreIndustry #MarketResearch https://lnkd.in/dGr5Cx_2

While Nokian Tyres opened a new test centre in Spain a good three years ago and presented the so-called ‘Hakka Ring’ to a wider public for the first time this spring, the Finnish tyre manufacturer still has a lot going on. This primarily refers to the recent official opening of its new tyre plant in Oradea, less than a year and a half after the foundation stone was laid and less than two years after the decision was made to locate the plant in Romania, less than 20 kilometres from the Hungarian border. The speed is not really surprising, as the company lacks the necessary production capacity following its withdrawal from Russia and the sale of its tyre plant there to Tatneft, where around 80 percent of its car/SUV tyres had been manufactured until then. This is despite the fact that, as a countermeasure, the tyre manufacturer has increased production at its two other sites in Nokia (Finland) and Dayton (USA) as far as possible and has also entered into off-take agreements with Qingdao Sentury Tire, Sailun Jinyu Group Co. Ltd. and Kumho Tire Tianjin Co. Ltd. from China, among others. However, the latter are not to be shelved once the plant in Oradea has been fully ramped up. https://lnkd.in/exr5XPQF

Car Production in April 2024 dropped by 11.02% In the Thai market, the total number of cars produced in April 2024 was 104,667 units, a decrease of 11.02% from April 2023, and 24.34% from last month. This decrease is due to a decline in the production of passenger cars and pickup trucks for domestic sales, which dropped by 5.03% and 45.94%, respectively. This aligns with the reduction in sales, caused by high household debt, low economic growth rates, a negative industrial production index for several months, and weak purchasing power. Total production of 104,667 vehicles in April 2024, composed of: - Passenger cars: 38,190 units, 5.39% decrease (YoY)  - Trucks: 66,477 units, down 13.95% (YoY) https://lnkd.in/g3VdkkTv #automotive #carproduction #passengercar #truck

NEW MAGAZINE：🌟 Ni-Pon Tyres are making significant inroads into Malaysia! Learn about their market entry and the impact they're having in the market. ✅ https://lnkd.in/gF9yAmYE #NiPonTyres #MarketEntry #Tyreman

NEWSLETTER: Don’t miss out on the latest updates from Tyreman, the only tyre magazine in Malaysia. Open this newsletter to learn more about Falken, Goodyear, BFGoodrich, and more! ✅ https://lnkd.in/gcfNjckg #Tyreman #Tires #Newsletter #Falken #Goodyear #BFGoodrich