October 2006 - Page 9 of 14 - Tyrepress

Test Warns Against Retro-Fitting Run-Flats

The results of a recent Auto Express test show that motorists with cars set up for and fitted with run-flat tyres must not replace them with standard tyres. The test, carried out in summer 2006, demonstrated that fitting a standard tyre to a car which was designed and set-up for run-flat tyres can cause a loss of performance and ultimately a reduction in the safety of a vehicle. The results published 11 October show that using a standard tyre with the same tread pattern can severely increase braking distances and reduce overall wet and dry handling.

13th October 2006/by Tyrepress Editors

Michelin Scoops Two GreenFleet Awards

Michelin picked up two prizes at the 7th annual Greenfleet Awards yesterday. The Stoke-on-Trent based company won tyre manufacturer of the year (the runner-up was Bandvulc Tyres) and the Industry Innovation award. The 2006 GreenFleet awards were held on 11th October at Arsenal football club’s new Emirates stadium. The awards recognise local authorities, manufacturers and innovators for their efforts to reduce the environmental impact of transport. Around 500 guests saw racing driver and TV personality Tiff Needell present the awards in 25 different categories.

13th October 2006/by Tyrepress Editors

Cooper Names Schrum to Engineering Post

(Akron/Tire Review) Cooper Tire & Rubber Co. named Franklin Schrum Jr. as project manager for corporate facilities engineering. The 16-year Cooper veteran will oversee capital improvements, waste reduction, energy cost reduction programmes and other facility-related programmes.

12th October 2006/by Tyrepress Editors

India Introduces Anti-Dumping Duty on Thai, Chinese Tyres

The Indian government has put provisional anti-dumping duty (ADD) on tyres imported from China and Thailand, with effect from 9 October the Business Standard reported. According to the newspaper, 300,000 imported tyres brought in mainly from China for the commercial vehicle (CV) segment are sold in India annually. Domestic manufacturers sell over 10 million tyres.

12th October 2006/by Tyrepress Editors

Apollo Q2 Sales Grow 21 per cent

Apollo has published un-audited financial results showing second quarter sales of 7.67 billion rupees (£90.5 million), up 21 per cent year-on-year. Net profits grew 3.8 per cent to 193 million rupees (£2.28 million) despite global raw material increases. Sales improvement was reflected in the half-year results. Net sales were up 27 per cent to 15.246 billion rupees (£180 million). Operating profit grew 2.8 per cent in the six-month period to 1,167 billion rupees (£13.78 million).

12th October 2006/by Tyrepress Editors

Goodyear to Layoff 330 Due to Strike

(Akron/Tire Review) With most of its North American tyre plants on limited production, Goodyear Tire & Rubber Co. is temporarily laying off some 330 hourly workers at its Asheboro, North Carolina, steel wire plant. The tyremaker is reducing steel wire production due to the United Steelworkers’ strike. The temporary layoffs will begin Friday and will last until the strike is settled and Goodyear’s tire plants are back to full production.

12th October 2006/by Tyrepress Editors

Steelworkers Say They Can Stay Out. But For How Long?

(Akron/Tire Review) So just how long can the United Steelworkers stay on strike against Goodyear? According to the USW, the union is well-prepared for a lengthy strike. The USW says it has some $150 million in its “strike and defence fund,” and the fund is set up to pay each striking worker $100 per week ($115 after the 10th week). This all kicks in after the fourth week of a strike.

12th October 2006/by Tyrepress Editors

Special Autumn Offer on Millennium Tyres

Viking International has launched a seasonal special offer across its private brand ultra high performance tyre range, Millennium Tyres. All tyres in the Millennium range have been reduced by at least 8 per cent with up to 10 per cent off selected sizes to encourage customers to trial the brand. The special reduction has been introduced as part of a seasonal focus and will run until the end of the year.

12th October 2006/by Tyrepress Editors

Investments Boost Rockingham’s Success

Since Corby Developments Limited acquired the majority shareholding in the Rockingham racing circuit in late 2005, it has implemented a £5 million development plan to give the circuit a major makeover. Billing itself as “Europe’s fastest motor racing circuit” – a claim based on the fact that in 2001 Tony Kanaan went round Rockingham’s 1.5 mile oval in 24.719 seconds in his Ford/Lola Champ car – the scope of the facilities now available at Rockingham has attracted a number of events. This year the circuit has already hosted the Avon-sponsored British GT, 2006 Pickup Truck Racing Championship, SCSA Third Round and the Rockingham VSR Championship.

12th October 2006/by Tyrepress Editors

Bridgestone Wins Run-Flat Tyre Test

The UK’s first independent magazine run-flat tyre test has named the Bridgestone Turanza ER300 RFT as “Best Buy 2006.” The extremely close results placed Continental’s PremiumContact SSR second, with Michelin’s Primacy HP ZP third overall. All three tyres were V-rated 205/55 R16 sidewall reinforced style run-flats. The test car was a BMW 320i. Auto Express carried out the assessment as part of its annual tyre test, with experts assessing some of the biggest names in run-flats in a variety of disciplines including wet handling, rolling resistance, and dry handling.

12th October 2006/by Tyrepress Editors

Lots of Rumours, No Movement as Strike Continues

(Akron/Tire Review) There has been more talk than talking as the United Steelworkers’ strike against 16 Goodyear plants reached its sixth day yesterday. Formal talks between the tyremaker and the union have not resumed, and while both sides say they are ready to restart negotiations when the other party is ready, neither side seems to be in a hurry to get back to the bargaining table.

11th October 2006/by Tyrepress Editors

Delticom Aims For Autumn IPO

Delticom AG, known as mytyres.co.uk in the UK, is aiming to make its debut on the Frankfurt stock exchange this Autumn. In 2005 Delticom reported 129 million euros in sales, an increase of approximately 60 per cent. Roughly 5.6 million euros of this was EBIT, according to German newspapers.

“We see good possibilities of developing our already strong international operational readiness further in the coming years around the good growth opportunities that are opening in the online tyre market,” commented Delticom director, Dr Andreas Pruefer.

11th October 2006/by Tyrepress Editors

Sibur to Build All-Steel Radial Plant in Yaroslavl

Sibur-Russian Tires, Russia’s largest tyre holding company, has announced that it will build a steel radial tyre plant capable of producing 1 million tyres a year by 2010. The project is set to be approved in the second half of 2007. According to analysts at Russia’s Centre Invest, construction will begin in 2008. The new facility is likely to be registered as a wholly owned Sibur-Russian Tires subsidiary. Sibur Holding president Alexander Dyukov had earlier told Vedomosti that similar arrangements would be used to upgrade other subsidiaries.

11th October 2006/by Tyrepress Editors

Gajah Tunggal “Asia’s Best Managed Company in Indonesia”

Euromoney recently named PT Gajah Tunggal Tbk as “Asia’s Best Managed Company in Indonesia”. The award was presented to Christopher Chan, president and director of Gajah Tunggal by Neil Osborn, managing director Euromoney PLC as part of the Euromoney Awards event in Singapore on 18 September.

This recognition will serve to motivate the management of Gajah Tunggal to enhance its performance going forward, Christopher Chan remarked. “We take this Award not as an end but as an encouragement to continue our quest to rebuild Gajah Tunggal to be the blue chip company that it can and should. We also have to thank the Global Capital Market in general which contributed to our drive to bring a higher level of management to this company.”

11th October 2006/by Tyrepress Editors

Bridgestone and Firestone OE on 2007 Chrysler Sebring

When the all-new, redesigned 2007 Chrysler Sebring rolls into US showrooms this autumn it will be fitted exclusively with tyres from Bridgestone Firestone North American Tire, LLC (BFNT). BFNT will supply the Chrysler Group’s Sebring Sedan with Firestone FR690 tyres in size P215/65R16 96T, while the Chrysler Sebring Touring and Chrysler Sebring Limited will ride on Bridgestone-brand Turanza EL40002 tyres in sizes P215/60R17 95T and P215/55R18 94T, respectively.

11th October 2006/by Tyrepress Editors

« Previous 1 … 7 8 9 10 11 … 14 Next »