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Protyre shares that it has secured Platinum status within the Feefo Trusted Service Awards for 2020, a category that the review and customer insights technology company added to its annual awards structure last month.
In spite of what it calls a “soft” market for car tyres in Europe last year, Nokian Tyres maintained its level of net sales throughout the period. Operating profit was lower year-on-year, and profit considerably increased. Operating profit is expected to take another tumble in 2020.
According to a statement filed with the Securities and Exchanges Commission in the USA, investment management firm BlackRock Inc. has increased its shareholding in Titan International from 12.94 per cent to 14.0 per cent. The Schedule 13G form states that BlackRock now owns 8,428,280 shares in Titan International, an increase of 8.16 per cent over the shareholding it previously reported.
Klarius Products Ltd. has slammed the government’s proposal to bring forward the ban on new petrol and diesel cars to 2035, calling the decision “an unworkable fantasy” that is more about political gain than solving a problem.
We haven’t heard a great deal from Lanxess since it spun off its Tire & Specialty Rubbers (TSR) and the High Performance Elastomers (HPE) business units into the Arlanxeo joint venture in 2016. But the company, which sold its 50 per cent share in Arlanxeo a year and a half ago, is still very much active as a supplier to the tyre industry. Later this month, Lanxess will showcase its tyre manufacturing solutions at Tire Technology Expo.
Cooper Tire Europe has added the Cooper Discoverer AT3 LT and the Cooper Discoverer AT3 XLT to its 4×4 line-up. Building upon the launch of the tyres in the United States, a range of sizes will now be made available in UK and other European markets.
Pirelli holds the distinction of being the only company within the automotive components sector to achieve ‘Gold Class’ in the SAM Sustainability Yearbook 2020. Other tyre makers to gain a ranked position in the Yearbook were Hankook Tire & Technology and Nokian Tyres, which both achieved SAM Bronze Class, and Bridgestone Corporation, which was acknowledged as a Sustainability Yearbook Member.
A new team has been set up within Maxam Tire to handle the specific requirements of customers in the open pit mining segment. Maxam Mining Group (MMG) is made up of team members across multiple continentals who are tasked with serving regional market demands. It is headed by Matt Johnson, who has been appointed the operation’s vice president.
The Fintyre Group has grown considerably since Bain Capital first acquired Italian tyre wholesaler Fintyre early in 2017, but what does the future hold? Tyrepress.com understands that the company has told its employees in Germany that a restructuring of the Fintyre Group is taking place, and that this measure is now being felt in a very tangible way.
Figures recently published by the European Tyre and Rubber Manufacturers Association (ETRMA) show that its members produced almost 242 million tyres in all segments of the replacement market in 2019, two to three per cent fewer than the 248 million tyres produced a year earlier.
On 27 January, Michelin signed an agreement with global union federation IndustriALL to set up the Michelin Global Works Council. The agreement was finalised by Florent Menegaux, chief executive officer of the Michelin Group, and Valter Sanches, general secretary of IndustriALL Global Union. Its signing follows nearly two years of discussion and negotiation.
The very first public appearance of a Pirelli tyre for the 2021 World Rally Championship (WRC) will take place at the 2020 GP Ice Race this weekend. During the event, Pirelli will display will a Sweden-specification studded Sottozero Ice J1 tyre in 205/65 R15 size. This tyre will be one of several used by WRC cars from next season.
Pirelli is expanding its 2020 racing range with the Phantom Sportscomp RS, an 18-inch classic motorcycle competition tyre that combines the vintage Phantom Sportscomp pattern with the latest in track tyre technology. The tyre is approved for road use and aimed at riders competing in classic sprint and endurance races. A second product entering the portfolio this year is the Diablo Rosso Scooter SC, a tyre for racing scooters.
Offering market-leading levels of precision, repeatability and a 90-second wheel alignment check capability, the Beissbarth Easy 3D+ is now available from Everard, the German specialist’s exclusive UK distributor. With this unit, workshops can complete a full vehicle alignment in as little as 20 minutes.
As car security systems become increasingly sophisticated, thieves are turning their attention to car parts instead. This is bad news for owners of vehicles fitted with alloy wheels, but Ford now offers a way of keeping those wheels yours – and the solution is guaranteed to get car owners talking.
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