Signus Announce 6.8% Tariff Reduction
Signus announced during a press conference with various sections of the media a 6.8% reduction in its tariffs for its Ecotax system. The new tariffs, which will be in effect from the 1st of February 2018 were presented by the Managing Director and Director of Associated Companies, Gabriel Leal and Julián Madruga respectively.
Reductions of key interest were a 10 cent reduction for passenger tyres to 1.28 euros, with light-truck, 4x4 and SUV falling 15 cents to 2.09 euros and finally truck tyres seeing a reduction of 71 cents to 9.57 euros.
Signus a non-profit driven entity by the main tyre manufacturers in Spain namely Bridgestone, Continental, Goodyear Dunlop, Michelin and Pirelli was set up to manage the collective system of extended responsibility of the tyre manufacturers. Its two main goals are to “guarantee the correct management of out of use tyres and maximise the vale of recycled materials.”
In a change from previous years, the new tariffs will be in effect from the 1st of February, with past tariffs normally made effective from the 1st of January of the corresponding year. Gabriel Leal the Managing Director of Signus clarified, “it was merely an operational issue so that we could inform the entire sales channel in time, due to the fact that the Board of Directors only approved it on the 20th of December.”
The reductions imposed for 2018 mark the fourth the consecutive year that Signus has dropped their tariffs since the signing of Gabriel Leal four years ago as Managing Director of the organisation. Looking particularly at passenger tyres we have seen a decrease from 1.58 euros in 2014 to 1.28 Euros in 2018, equating to a fall of 30 cents. Similarly, truck tyres were at a price of 13.25 euros back in 2014 and now find themselves at 9.57 euros today, resulting in a decrease of 3.68 euros.
Finally, it was announced by Gabriel Leal that the Board of Directors of Signus, that the recently named General Manager for Spain and Portugal Alejandro Recasens would become the new President of Signus. According to the policy of Presidential rotation as agreed by its members, approved Brigestone’s replacement by Pirelli at the meeting on the 20th of December 2017