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No movement occurred on the podium of Brand Finance’s most valuable Tyre brands ranking for 2023, but while Michelin, Bridgestone and Continental respectively retain first, second and third places, Sailun appears on the radar as the fastest-growing tyre brand.
The 2022 annual results that Kama Tyres published today show a significant drop in its export business but stable overall production. Of the 12.3 million tyres sold last year, just 9% or some 1.1 million pieces were exported. Compare this with 2021, when Kama Tyres reported exporting 22% of the 12.3 million tyres it made, around 2.7 million tyres.
The ‘magic triangle’ of tyre development depicts the conflict between efficiency and safety, but must we really sacrifice one quality when optimising the other? Auto Bild looks at a trio of tyres in an attempt to answer this question.
As reported yesterday, Italy’s government is looking to ensure tyre maker Pirelli isn’t unduly influenced by its largest shareholder. A piece of legislation named Golden Power may help to this end, and in light of activities linked to this rule, Pirelli has postponed an upcoming shareholders’ meeting.
According to people familiar with the matter, Italian officials are attempting to limit the influence Sinochem has on Pirelli. Reporting this development, Bloomberg shares that officials are speaking with Pirelli investors about a range of options related to corporate structure.
After entering the tractor rubber track business last November with the launch of its Agriforce line, BKT is now expanding its rubber track portfolio to industrial and construction applications. It will market these products under the Multiforce name, with the first pattern being the Multiforce BK T91 for compact track loaders in material-handling applications.
Mercedes-Benz will soon use waste tyres removed from its vehicles in the production of new cars. German pyrolysis recycling specialist Pyrum Innovations has taken the “next step” in its cooperation with the vehicle manufacturer and anticipates recycling several hundred tonnes of used tyres from the Mercedes-Benz Used Parts Centre every year. Pyrolysis oil made from these tyres will be used in the manufacture of vehicle components.
Around 40-50% of end-of-life tyres removed from vehicles in Russia are currently recycled, reports public company Russian Environmental Operator. This means that around 500 thousand tonnes of old tyres are recycled, mainly into low-grade products such as large rubber crumb and rubber chips for floor surfacing.
DAF has awarded Goodyear the highest ‘Master’ rating in its 2022 Supplier Performance Management Program. This is the second consecutive year that DAF has recognised Goodyear with its most prestigious supplier accolade.
Goodyear Farm Tires has signed up as a key partner to this year’s British Farming Awards. The Goodyear agricultural brand, produced by under license by Titan International, is sponsoring the Family Farming Business of the Year category.
Norfolk-based Roger Warnes Transport and Prometeon Tyre Group have renewed their partnership for a further three years, continuing the long-standing relationship between the organisations. The deal covers the entire 222‐strong Roger Warnes Transport fleet – consisting of 108 trucks and 114 trailers – on a fixed pence per kilometre (PPK) contract.
Yokohama Corporation of North America (YCNA) has sold the assets of Missouri-based tyre wholesaler Friend Tire Company (FTC) to tyre dealer network and retreader Southern Tire Mart (STM). The agreement was finalised on 1 April 2023.
A key focus of Apollo Tyres’ medium-term strategy in Europe has been original equipment deliveries in the truck and bus sector. The tyre maker has realised this with its first partnership, which sees it supply Apollo EnduTrax tyres for the Iveco Way ranges.
Targeting Generation Z and Millennial drivers, Prinx Chengshan has officially launched its flagship Prinx brand in European markets. The range was specifically developed for our region and includes a launch line-up of six tyre models that, according to the manufacturer, “cover all requirement types in the passenger car and SUV segment” and are suitable for both ICE and electric vehicles. Prinx tyres are available for wholesale from spring 2023.
Sinochem Holdings, which through its subsidiaries plays a major role in Pirelli, Aeolus Tyre and Prometeon Tyre Group, has a new president. The appointment of Jiao Jian was confirmed at an enlarged executive meeting on 31 March 2023 by the leaders of the organisation department within the Chinese Communist Party’s Central Committee.
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