2013 - Page 108 of 159 - Tyrepress

Nokian seeks to increase company value with incentive programme

Approximately 40 Nokian Tyres plc staff members – people identified as “key” employees – will benefit from an incentive programme approved by the company’s Board of Directors. According to Nokian, the aim of the programme is to combine shareholder and key employee objectives in order to “increase the value of the company, to commit the key employees to the company, and to offer them a competitive reward plan based on earning the company’s shares.”

3rd May 2013/12,345 Comments/by Tyrepress Editors

Goodyear OE on 2014 GM pick-ups

Over here in Blighty, pick-up trucks like the Chevrolet Silverado and GMC Sierra are perhaps not the most practical vehicles for negotiating narrow country lanes and suburban roads. But in North America they are among the most popular vehicles in their class. Goodyear reports that General Motors has selected several of its tyres as original equipment on 2104 Silverado and Sierra models.

3rd May 2013/12,345 Comments/by Tyrepress Editors

Conti confirms 2013 guidance after weaker Q1

Although admitting that difficulties were encountered in the first quarter of 2013, Continental says it “held its ground” during this period and has confirmed its guidance for the full year.

3rd May 2013/12,345 Comments/by Tyrepress Editors

Pirelli to enlarge warehousing at Carlisle facility

On 25 April, Pirelli Tyres Limited submitted an application with Carlisle City Council to extend the warehouse facility at its Carlisle factory plus make other improvements to the Dalston Road site. Pirelli will add a further 4,060 square metres or so of warehouse space. The extension, which will include four loading bays, will increase the warehouse facility’s total size by approximately a third.

3rd May 2013/12,345 Comments/by Tyrepress Editors

Apollo opens ASEAN hub in Thailand

Apollo Tyres has opened its sales hub to the ASEAN region in Bangkok. The region has become one of Apollo’s strongest export markets for its India produced tyres, the company said. Over the last three years, Apollo said the region has doubled in sales.

2nd May 2013/12,345 Comments/by Tyrepress Editors

Hankook extends DTM tyre partnership

Hankook and European touring car racing series DTM have signed an extension to their official tyre supplier deal, extending the partnership until at least 2016. DTM’s organisers have been sufficiently satisfied by the development of Hankook’s Ventus line of motorsport tyres to sign the deal ahead of schedule, while the Korean tyre manufacturer is keen to sustain the brand value and premium brand status it derives in part from this deal. Hankook added an all new option tyre specification this season, which it president & chief marketing officer/chief corporate management officer at believes allows the company to demonstrate the brand’s performance on premium brand vehicles.

2nd May 2013/12,345 Comments/by Tyrepress Editors

Cordenka celebrates 75th anniversary

Cordenka celebrated 75 tyre cord manufacturing on 25 April 2013. The company’s Obernburg location has been producing technical viscose yarn under the Cordenka name since 1938. And for the seven and half decades since then its products have been used as reinforcing material for tyres and other technical rubber goods.

2nd May 2013/12,345 Comments/by Tyrepress Editors

Colmec AB establishes new organization in Finland

Swedish tyre distributor and retreader, Colmec AB has announced that it is to establish a full service and sales organization in Finland. Operating under the name Colmec Oy, the company said that it views the new operation as an important, strategic and long term investment.

2nd May 2013/12,345 Comments/by Tyrepress Editors

Tougher drink-drive laws target 'dangerous' offenders

The most dangerous drink drivers will now have to pass a medical before they are allowed back on the roads under a change in the law announced by Road Safety Minister Stephen Hammond. The changes, which come into force from 1 June 2013, mean that High Risk Offenders will need to pass a medical confirming they are no longer alcohol dependent at the end of their disqualification and before they start driving.

2nd May 2013/12,345 Comments/by Tyrepress Editors

Angel GT outstrips rivals’ mileage, says Pirelli

The latest sport touring tyre from Pirelli, the Angel GT, has hit the streets – and the Italian tyre maker claims it is number one for mileage within its segment. This weighty statement is based upon testing carried out by Motorrad TestCenter in Germany. Tyres & Accessories has yet to read the test report, however Pirelli indicates that the Angel GT was certified by Motorrad TestCenter as delivering better mileage than the Michelin Pilot Road 3, Dunlop Sportmax Roadsmart II, Bridgestone Battlax BT 023, Continental RoadAttack2 and Metzeler Roadtec Z8 Interact M/O.

2nd May 2013/12,345 Comments/by Tyrepress Editors

Growth in new markets giving Deldo a better spread

When Tyres & Accessories spoke with Deldo’s Rutger Veerman in the last week of March, he and several colleagues from the Belgium-based wholesaler had just returned from the Tyrexpo Asia show in Singapore. In addition to praising the exhibition as “the best show in Asia”, Veerman shared that Deldo’s presence at Tyrexpo Asia was important as Asia represents a region that is increasingly important for the company.

2nd May 2013/12,345 Comments/by Tyrepress Editors

Falling cost of sea freight is good news for tyre trade

It’s official – the UK has avoided entering into a triple-dip recession. Figures published by the Office for National Statistics show that, following the 0.3 per cent contraction that was witnessed in the last three months of 2012, the UK economy expanded by 0.3 per cent in the opening quarter of this year. At the start of May, Rob Shelley, founder of Suffolk-based freight forwarding specialist Maritime Cargo Services, spoke with Tyres & Accessories about this development and other issues influencing the cost of shipping tyres across the ocean.

2nd May 2013/12,345 Comments/by Tyrepress Editors

Yokohama receives satisfaction survey award

During April’s Auto Shanghai show, Yokohama Rubber held a ceremony to mark its strong performance in the "2012 China Original Equipment Tire Satisfaction Index Study" carried out by the research firm J. D. Power Asia Pacific. The study, which was released in November 2012, placed Yokohama on top of the 19 original equipment tyre brands tested in terms of overall customer satisfaction. At the ceremony in Shanghai, Geoff Broderick, vice-president and general manager of J. D. Power and Associates Asia-Pacific, presented a plaque to Koichi Tanaka, chairman and president of Yokohama Rubber (China) Co., Ltd.

2nd May 2013/12,345 Comments/by Tyrepress Editors

TRIB elects two new directors

Two new members have been selected to join the board of directors of the Tire Retread & Repair Information Bureau, reports Tire Review. Joining the board as of today are Mel Mitchell, vice president of manufacturing for Colony Tire Corp., and Ken Samborsky, OTR plant operation coordinator for Kal Tire. "Mel and Ken are two great additions to our board and further round out a 16-strong board that fully represents the retread and repair industries," said TRIB President Brian Hayes. "I look forward to working with them on the TRIB board. I would also like to take this opportunity to thank departing members Bob Majewski and Garry Heintschel for their dedication and service to the TRIB board over the years".

1st May 2013/12,345 Comments/by Tyrepress Editors

RTA's Brodsky to talk retreads in China

Retread Tire Association managing director Harvey Brodsky will be a guest speaker at the upcoming China International Guangrao Tire Upper Level Round-Table Conference in Guangrao, China, on 15-17 May, Tire Review reports. Brodsky’s presentation is titled 'The Importance of Doing it Right'. “When I was honoured with a invitation to speak at this important and prestigious conference I decided to make an exception, and rather than make my talk technical, I would discuss something near and dear to my heart – the importance of high quality,” he said. “Having spoken in China a few years ago I know there is a great interest by the retreaders in China in improving the quality of their retreads.”

1st May 2013/12,345 Comments/by Tyrepress Editors

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