Australian tyre retailer Beaurepaires is reportedly getting ready to shutting up store after the now US-owned enterprise didn’t discover a new purchaser, placing greater than 700 native jobs in danger.
Information.com.au stories phrase from an insider near Beaurepaires that Goodyear Dunlop Tyres Australia – the model’s present proprietor, which itself is a subsidiary of US big Goodyear Tire and Rubber Firm – tried to promote its circa-100 shops to the rival Bob Jane Company.
Nonetheless, it’s understood negotiations between the 2 tyre giants didn’t lead to a sale, leaving the way forward for the roughly 700 Australian jobs and the longest-running tyre retailer within the nation hanging within the steadiness.
The publication stories sure Beaurepaires areas have been rebranded as Goodyear Autocare or Dunlop Tremendous Seller, although this isn’t anticipated to save lots of each warehouse, retail outlet and franchise in Australia.
In September 2023, Goodyear informed the US inventory promote it aimed to “enhance profitability in its Australia and New Zealand operations” by transitioning to a “third-party distribution and retail gross sales mannequin as an alternative of a company-owned method”, which it plans to do by the top of 2024.
Wholesaler TyreMax has been named because the unique distributor of Goodyear-branded tyres in Australia, whereas Nationwide Tyre and Wheel will turn into Dunlop’s distributor.
Goodyear is liable for the manufacturing and distribution of Dunlop passenger automobile and lightweight business tyres in Australia, New Zealand, North America and Europe.
In 2022, Australian motorsport publication Auto Motion reported Goodyear had meant for Dunlop’s motorsport tyres – resembling these used within the Supercars Championship – to be rebranded with its personal title, nonetheless manufacturing constraints made this unfeasible on the time.
