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THE SATREADS ARCHIVE

Stories

Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.

Magna Tyres Portal now available in South Africa

Magna Tyres Portal now available in South Africa

With Netherlands based Magna Tyres customers throughout Europe already able to place orders and gain information through the company’s Portal since last October. This valuable service has proved so popular that Magna Tyres Group is now extending the facility to all markets globally including South Africa. This means that customers in South Africa can now […]

SCRAP PILES MOUNT

SCRAP PILES MOUNT

AMID DWINDLING SERVICE LEVELS Waste tyres and what to do with them was a key issue when I first entered the South African tyre business some 35 years ago. Fast forward to 2021 and not only has the matter not been resolved, it appears to be getting worse. Scrap tyres are piling up at stores […]

Point S sees record-breaking growth in 2020

Point S sees record-breaking growth in 2020

In a year of up and downs, Point S USA achieved record sales, profits and store growth with the addition of 27 stores to its ever-expanding footprint in 2020. While the co-op experienced challenges as a result of the COVID-19 pandemic, its leaders say a laser focus on its members was the key to growth last year. […]

Goodyear-Cooper Deal: Benefits, Challenges and what’s ahead

Goodyear-Cooper Deal: Benefits, Challenges and what’s ahead

“Scale matters in an ever-evolving, more competitive market,” say Phillip Kane and Steve Rathbone, Senior Advisor and Managing Director with Stout, a global investment bank and advisory firm. “The synergies [between the two companies] are attainable. The equity markets are blessing this transaction based on price activity.” While the market reacted favorably to the transaction, questions […]

Supa Quick Mobile Vans

Supa Quick Mobile Vans

Bring fitment to your doorstep Covid-19 has seen a growing number of consumers shopping online for safety reasons. Of course, there are some purchases, such as tyre replacement, that require you to bring yourvehicle in for fitment, even if you are able to purchase the tyres online. But what if your tyres could be replaced […]

Continental Tyre SA officially welcomes new Managing Director

Continental Tyre SA officially welcomes new Managing Director

Continental Tyre South Africa (CTSA) is proud to announce that Martin Buday has officially taken over the reins as managing director, bringing almost two decades of experience in the tyre industry, and the last 14 years with Continental in various roles in Europe, the Middle East and Africa. Buday stepped into the position in 2020, […]

NEW BUSINESS MODEL TO KEEP COMPANY AGILE AND FLEXIBLE INTRODUCED

NEW BUSINESS MODEL TO KEEP COMPANY AGILE AND FLEXIBLE INTRODUCED

ONE-ON-ONE WITH LUBIN OZOUX As we usher in the new year, there have been several key appointments in the South African tyre manufacturing sector, among them, that of Lubin Ozoux, who takes over from Riaz Haffejee,as CEO of Sumitomo Rubber SA. Originally from the island of Reunion, Ozoux has amassed a wealth of business experience […]

Supa Quick opens a new location in Constantia

Supa Quick opens a new location in Constantia

Auto fitment specialist, Supa Quick, has opened a new premium franchise branch in Constantia, Cape Town, bringing much-needed economic activity amidst South Africa’s economic recovery. Led by managing director Joy Oldale, the new branch has created seven full-time jobs, with four more positions projected over the next 12 months. “There was a strong need for […]

New tyre safety technology from Falken

New tyre safety technology from Falken

German based Falken Tyre Europe’s parent company Sumitomo Rubber Industries (SRI) has developed a totally new tyre wear detection technology that effectively improves safety and contributes towards new mobility trends in the automotive industry. This latest breakthrough advances SRI’s proprietary Sensing Core technology and can detect various conditions related to the tyre including pressure load […]

Goodyear Tire acquires Cooper Tire for USD 2.5 Billion

Goodyear Tire acquires Cooper Tire for USD 2.5 Billion

It has been announced that Goodyear Tire & Rubber and Cooper Tire & Rubber have issued a joint statement that Goodyear will purchase Cooper Tire for an approximate USD 2.5 Billion. This huge transaction will mean that Goodyear Shareholders will own approximately 84 per cent of the combined companies and Cooper shareholders will own approximately […]

Supa Quick wins 2020 Ask Afrika Orange Index Award

Supa Quick wins 2020 Ask Afrika Orange Index Award

Auto fitment specialist Supa Quick has won the industry award for the service excellence category in the 2020 Ask Afrika Orange Index Awards. Supa Quick, which has been in operation since 1986, was one of the most trusted and loved brands in a survey that included 159 companies across 26 industries, overcoming the general negative […]