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Apollo Tyres India-Have Apollo Tyres “Bitten off More Than They can Chew ?”Cooper Tyre deal now Over

Apollo Tyres India

Cooper/Avon tyres bought by Apollo Tyres India

As we all probably know by now. Apollo tyres India have made yet another acquisition. Buying Cooper tyres from America, who also own Avon tyres here in Great Britain.

Some City people though are concerned. Thus, about the higher debt burden. As a result, of when the price of raw materials is increasing. So unfavorable  to the tyre industry on the whole. Using  borrowed money for their expansion plans..

Apollo Tyres India

Cooper tyres missed by Apollo Tyres India

This take over by Apollo Tyres India. Therefore,  will fit into their plans to expand into the North American market. Hence, the European tyre market has been complimented. Because of the acquisition of the Dutch company Vredestein tyres. Specialising in producing a large range of winter. Of course, tyres for all vehicle types. In fact a good friend of mine from Alcar tyres in Huddersfield is a Vredestein dealer and to this point has not noticed any difference in trading, since the take over by Apollo Vredestein. It would be interesting to hear from any LinkedIn members to the contrary.

Another Cooper owned subsidiary here in the UK are Avon tyres, who are long standing players in the British tyre market, originally specialising in the motor cycle tyre market, but now covering all vehicles for their summer and winter car tyre market.

Apollo Tyres India

Indeed they are now one of the suppliers to the up and coming tyre retailer group known as Point-S, a large group of tyre retailers in other European countries and now expanding in the UK. As a foot note and an update as we all know the Apollo Tyres India/Cooper acquisition fell through and the take over was aborted. Apollo Tyres India are now strengthening their position in the British market, through Vredestein and are adding their product to the excellent Vredestein Wintrac Xtreme tyres portfolio, which is their main strength in the European tyre market.

  The only problem that I can foresee in the future is that Apollo may close down some of the smaller subsidiaries such as Avon tyres, but to be honest I thought the same about Vredestein tyres and I have been proved wrong, although more and more Apollo tyres are being marketed along side of Vredestein as part of the same company and Avon may not be needed in the long run, who knows ?.

Apollo Tyres India- now have a foot hold in China

Another good move by Apollo Tyres India now gives the Indian tyre giants a foot hold in China. This is because of the Chinese factories producing tyres, that were owned by Cooper tyres, producing tyres for both Cooper and Avon, along with their British factory, here in the UK.

In my opinion this takeover by Apollo tyres is a brilliant move  and you can read about the financial implications

Another good move by Apollo Tyres India now gives the Indian tyre giants a foot hold in China. This is because of the Chinese factories producing tyres, that were owned by Cooper tyres,

Another good move by Apollo Tyres India now gives the Indian tyre giants a foot hold in China. This is because of the Chinese factories producing tyres, that were owned by Cooper tyres, are now one one the main sponsors of Manchester United, since the Cooper take over fell through

of the buyout in the following article…

“After the Cooper Tire acquisition, concerns on Apollo Tyres India biting off more than it can chew have seen the stock nosedive 30 per cent in two days. At Rs 64, the stock now trades at a valuation of about 5.3 times its trailing 12-month consolidated earnings and about 3.5 times the likely consolidated per share earnings for FY14. Although valuations may be attractive, time may not be ripe yet for fresh exposures to the stock. The management expects the acquisition to contribute to earnings immediately. However, the huge debt burden taken on for funding the acquisition does pose a challenge”... http://www.thehindubusinessline.com/money-wise/stock-insight/apollo-tyres-tread-with-care/article4817714.ece .

Article compiled by Eric Roberts

Pellon Tyre and Auto-centre offer car and van servicing and repairs to all makes of vehicles. We are members of Unipart Car Care centres and give a nationwide guarantee for all our work and parts.

[bctt tweet=”Apollo Tyres India now gives the Indian tyre giants a foot hold in China” username=”pellonauto”]

Contact 5 CONTINENTAL TYRES-Sees the introduction of anew premium tyre.

Post Updated 23rd Dec 2013

End of March sees the launch of the Continental tyres Premium Contact 5contact 5,Continental tyres ready for Daytona races

The press from all the leading motoring journals met In  Barcelona for the launch of the New premium Contact 5 tyres.This new tyre is designed for all types of cars from small

Continental have and will always be one the Worlds front tyre companies, in tyre development the new Contisport 5 is no exception to this rule.

family saloons to the luxury end of the market.

Continental tyres are constantly improving their products, along with the other leading tyre manufacturers. This is to keep in step with the ever changing designs created by modern car makers, especially in Germany and Japan. The new premium Contact 5 is a few steps further on in development from the sports Contact 5. The new premium Contact 5 boasts much better braking distances in both wet and dry road conditions and has the same rolling resistance as the eco contact 5,making these tyres a whole lot better than there predecessors’.

The new tyres come with a few added benefits to add to better contact with the road during braking. They have what they call a 3D edge. The new design also includes a new type of shoulder zone, which reduces energy loss along the shoulder zone. All these extra features give the new tyres a lower fuel consumption, helping the motorist to reduce their fuel costs, it is expected that this could be as much as 12%, a good saving.

Continental tyres have also designed a more flexible side-wall to give increased comfort for the car drivers and with the addition of whisper bars the tyre is much quieter compared with the other tyres in Continentals extensive range.

Once again I must praise Continental for another wonderful tyre product, another step thanks keeps them in number one spot as the Worlds finest tyre maker. Please click the link a learn more on Continental tyres web site...www.continental-tyres.co.uk/passenger

About Eric Roberts

Hi I would like to introduce myself. I have worked in the Garage and tyre industry now for 40 years. I worked for a couple of national tyre companies before starting my first business. I now own a company here in the UK called Pellon Tyre and Auto-centre, and I am a keen blogger about anything to do with cars and their related products that will help my business.

Manchester United Logo concept tyres from Apollo Tyres

Manchester United logo

Manchester United logo on the tyres sidewall.

As an Apollo tyres dealer here in Halifax, Yorkshire UK, I was pleasantly surprised to hear a few months ago that Apollo tyres would be using the Manchester United logo on the sidewall of a certain size of tyre.

Apollo tyres are tyre partners to Manchester United. For that reason , have come up with great idea of putting the Manchester United logo on the sidewall of one of their tyres. I presume this is to attract the 46 millions of Manchester United fans. These are from all over the world and not just here in the UK.

Group managing director of Manchester United Richard Arnold said, “Apollo Tyres is a leading player in the tyre industry and its rate of growth and development into new territories made it an attractive partner for the Club. With a combined fan base close to 46 million followers in the UK and India, we are confident in providing Apollo with a highly engaged audience, not only to promote its brand, but also to engage and communicate with our fans”.

For this reason, the first tyre to have the Manchester United logo on the sidewall is the 19565R15 91V Apollo Alnac S G tyres. I must admit that the first one we saw was on a customer’s car. This was brought to us for a service.  Up to then I had never heard of the tyre.

Manchester United logo

The impressive Apollo coach complete with Manchester United logo

I do however think it is a great idea. This has been possible to do by using modern tyre manufacturing methods. Naturally, most things can now be put onto a tyre sidewall at relatively short notice.

Apart from the Manchester United logo,

Of course, Apollo are backing local junior football clubs. For that reason, they will build “Go The Distance” all weather football pitches. Consequently, made from recycled tyres in local communities across the UK and India. With the first one situated at Old Trafford. Indeed my manageress Debbie Bastow. Has secured a promise from Apollo tyres to lay a recycled football pitch at her local junior club.  Tingley Athletic, in Morley near Leeds.

Eric Roberts

http://www.apollotyres.com/uploads/051115-apollo-man-utd-to-nurture-young-football-talent-in-india-.pdf