News

Venezuela causes potential headache for Goodyear

Recession has hit industry hard across the UK and beyond. And here at Tyrenet we have seen the effects first hand for our customers, and that’s why we keep up to date on the latest news and industry developments.

One thing that caught my eye recently might be of interest to all you Goodyear users out there. Venezuela’s president Chavez has decided to create a 2 tier import structure after devaluing Venezuela’s currency the Bolivar. The structure will be based on essential and non essential imports, and our friends at Goodyear just happen to be doing a good chunk of their business out there.

Goodyear have yet to assess the full impacts of the change as it has imports in both categories, but could it spell higher prices for Goodyear users across the globe? You can be sure that Tyrenet will be closely monitoring the situation in order to give its customers the best advice possible in these difficult times.

EU creates Green labelling rules for tyres

With all the latest hype surrounding the “green revolution” it appears the tyre industry is no exception. The EU has now introduced a labelling system for tyre manufacturers, similar to that used for vehicle emissions, which will take effect in just under 3 years time.

From then onwards tyre manufacturers will be forced to outline tyre performance on all advertising. This includes detailing fuel efficiency, rolling noise levels, and wet weather grip. The labelling will range from excellent (1 – Green) to poor (7 – Red) and will be compulsory.

Suspicious of the EU as I am (did you see their policy on imported fruit?), I am usually sceptical when it comes to their legislation. However, I have to say I’m pretty impressed for once. With this new data being made available, Tyrenet will be able to assist its customers in making more informed choices in order to help save on their fuel bills in the future.

So for once Brussels, Tyrenet salutes you! Bon Voyage……