20-year high for Vacu-Lug as Brexit opens tyre market 10 August 2016

Britain’s decision to leave the Europe and the single market is improving the fortunes of home-grown premium, retread tyres, according to Vacu-Lug.

“With the advent of Brexit and the weaker pound, retread options can be re-examined by the market while foreign imports become less price-competitive,” explains Tim Hercock, managing director of Vacu-Lug.

“In so doing, businesses in the UK and Europe can now make the choice to switch to retreads and discover the cost and operational advantages of a truly stable product,” he continues.

“Furthermore, the conditions created in the aftermath of Brexit have allowed us to galvanise our export activities in European countries such as the Netherlands and Germany,” he adds.

Hercock states that Vacu-Lug is now well established as a leading supplier of retread and new tyres to numerous sectors of the UK commercial vehicle industry.

And he notes that the company is also well known as a specialist fleet management solutions provider.

“Effectively, the market is wide open for us,” says Hercock.

Brian Tinham

Related Companies
Vacu-Lug Traction Tyres Ltd

This material is protected by MA Business copyright
See Terms and Conditions.
One-off usage is permitted but bulk copying is not.
For multiple copies contact the sales team.