What happened to Kmart tyre and Auto?
After being sold off by Wesfarmers to German automotive manufacturer Continental AG for $350 million, Kmart Tyre and Auto is undergoing a transformation, with its 260 locations being re-branded under the brand’s new name – Mycar.
Has Kmart tyre and Auto been sold?
Wesfarmers has sold its Kmart Tyre and Auto Service (KTAS) business to automotive firm Continental AG for $350 million.
Who owns mycar Australia?
Continental
mycar and its parent company Continental are committed to eliminating modern slavery.
Is mycar part of Kmart?
Following the purchase of Kmart Tyre & Auto Service by Continental last year, the business has rebranded as mycar. All 260 Kmart Tyre & Auto Service centres around Australia will undergo a rebrand as mycar following the purchase of the business by Continental last year.
Is Kmart TYRE and auto a franchise?
Building out a customer-led brand. The organisation initially rebranded in June 2019 as part of the transition of ownership from Kmart Tyre & Auto to mycar (Continental AG). It’s aimed at showing how mycar’s staff don’t just understand cars but also the people who drive them.
How many Mycar stores are there in Australia?
260 locations
mycar is an Australian auto-centre chain often found attached to Kmart retail stores. It provides vehicle repair and improvement works from expert mechanics and technicians at over 260 locations nation-wide.
Who bought Kmart Auto?
KMART Tyre & Auto Service, part of the Wesfarmers group, has been sold to German tyre company Continental for $350 million.
What is Ktas business model?
The core business of KTAS comprises passenger and light commercial vehicle tire sales and service, inspections and maintenance, as well as minor mechanical repairs to brakes, air-conditioning and suspension systems.
Who Bought Out Kmart TYRE and auto?
How fast is KTAS?
1.1507 Miles per hour
~1.1507 Miles per hour.
What does KTAS mean?
The true airspeed (TAS; also KTAS, for knots true airspeed) of an aircraft is the speed of the aircraft relative to the air mass through which it is flying. The true airspeed is important information for accurate navigation of an aircraft.
What does KTAS stand for?