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Saoud to head Bridgestone’s Latin America business

A new role for Joseph Saoud at Bridgestone Americas. The former president, truck bus radial and retread tyres, US and Canada, Bridgestone Americas Tire Operations, has been named president, Bridgestone Americas Tire Operations Latin America. In this role, Saoud will oversee the Bridgestone tyre business in Latin America, which includes subsidiaries in Argentina, Brazil, Chile, Colombia, Costa Rica and Mexico. He will report directly to Gordon Knapp, president and chief executive officer of Bridgestone Americas.

Related news:

  1. Garfield retiring from Bridgestone Americas; new leadership team named
  2. Bridgestone reorganises Americas, EMIA management
  3. Official opening for Bridgestone Americas’ new HQ
  4. Sobotta appointed Bridgestone Americas’ new CISO
14th August 2018 by
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Marangoni GRP launches India’s first franchised Ringtread plant

Since late 2015, the Marangoni Ringtread process has been represented in India by Marangoni GRP, a joint venture between the Marangoni Group and India rubber recycler GRP. The joint venture operation has now begun the rollout of a network of franchised retreaders within the country – the first, Autobahn Retreading, has opened its doors in the city of Kochi (Cochin). The Autobahn Retreading plant was officially inaugurated by Giuseppe Marangoni, vice-president of the Marangoni Group, together with GRP’s chief executive officer, Harsh Gandhi.

Related news:

  1. Marangoni opens 4th Ringtread franchise in India – 4 more on the way
  2. Marangoni signs Finland Ringtread partnership with Lujakumi Oy
  3. INMETRO certification for Marangoni’s RingTread, Unitread plant
  4. GRP joint venture brings Marangoni’s Ringtread system to India
13th August 2018 by

All-season tyres join Apollo Altrust family

The Apollo Altrust range has grown with the addition of the Altrust All Season. Available from 1 August, the all-season line was specifically developed for light commercial vehicles and is available in 14 sizes.

Related news:

  1. Apollo Vredestein wins emergency services tyre supply contracts
  2. Vredestein campaign to encourage all-season tyre use
  3. Maloya returns – but only in Germany for now
  4. 3 tyres rated ‘exemplary’ in Auto Bild’s winter tyre test
13th August 2018 by

£200 million acquisition expands Continental’s tyre sales network in Australia

Continental is set to gain a sizeable retail presence in Australia through its acquisition of acquire Kmart Tyre and Auto Service (KTAS), one of the country’s largest tyre and auto service suppliers. The company says the purchase of KTAS from Wesfarmers Limited for AU$350 million (£199.8 million) will “greatly reinforce” its tyre dealership network in Australia.

Related news:

  1. National Into The Black
  2. Continental Relaunches ContiNetwork CV Tyre Retail Business
  3. Exeter motorist wins a weekend in Barcelona
  4. Continental adopts a wait and see stance towards future World Cup sponsorship
13th August 2018 by
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Platinum – Bridgestone tyre plant gains top Caterpillar certification

Caterpillar has awarded the Bridgestone Americas agricultural tyre plant in Des Moines, USA the highest level in the Caterpillar Supplier Quality Excellence Process (SQEP) certification – Platinum Level for a second consecutive year. These back-to-back platinum awards follow three years of Gold Level SQEP certifications. Bridgestone Americas says receiving the latest Platinum Level certification “represents a significant milestone” for Bridgestone and the Firestone agricultural tyre team.

Related news:

  1. Caterpillar ‘Platinum’ certification for 4 Bridgestone tyre plants
  2. Bridgestone extends lease on ATW tyre making facility
  3. Goodyear, Bridgestone combining aftermarket tyre distribution in the USA
  4. Bridgestone expanding OTR tyre production at US plant
10th August 2018 by

Nokian Tyres increases sales, profits

Sales and profits headed in the right direction for Nokian Tyres in the second quarter and first half of 2018. The Finnish tyre maker reports a 6.4 per cent increase in net sales, to 429.1 million euros, in the six months to 30 June. Operating profit during this period rose 10.7 per cent year-on-year to 169.3 million euros and the operating margin reached 22.1 per cent (21.3 per cent in H1 2017). Profit for the period amounted to 134.1 million euros, 15.2 per cent higher than a year ago, and earnings per share rose to 0.97 euros.

Related news:

  1. Nokian Tyres: ‘Good development’ despite currency headwinds in Q1 2018
  2. Russia continues to pound Nokian Tyres’ sales and profits
  3. Nokian Tyres: Strong Heavy Tyres performance maintains sales in 2019
  4. Bridgestone: Tyre business increases in significance in Q2 2018
10th August 2018 by

Ning confirmed as Pirelli chairman

As expected, Ning Gaoning has been co-opted to the Board of Directors at Pirelli & C. S.p.A. and appointed chairman. Ning, who is also chairman of Chinese state-owned petrochemical and fertiliser company Sinochem as well as chairman of Pirelli parent company ChemChina, succeeds Ren Jianxin. Ren relinquished all roles he held on the Board of Directors at Pirelli & C. S.p.A. on 30 July.

Related news:

  1. ChemChina names Sinochem boss as new chairman
  2. Ning Gaoning tipped to become Pirelli’s new chairman
  3. ChemChina chairman against Pirelli job cuts, pro Italian re-listing
  4. Ning Gaoning gains Fortune CEO Lifetime Achievement Award
10th August 2018 by

US tyre shipments expected to rise in 2018

The U.S. Tire Manufacturers Association (USTMA) projects that tyre shipments in the USA will increase by one per cent to 319.8 million units this year. An additional 0.7 million original equipment passenger car tyres are expected to be shipped this year, a total of 45.9 million units and year-on-year growth of 1.5 per cent. Shipments of replacement market passenger car tyres were expected to be 1.5 million units higher this year, up 0.7 per cent to 211.2 million units.

Related news:

  1. USTMA forecasts decrease in US tyre shipments
  2. US tyre manufacturers oppose Trump’s metal tariffs
  3. USA tyre shipments expected to increase in 2019, says association
  4. US association welcomes Nokian Tyres as country’s newest tyre maker
10th August 2018 by

Sales, profit up at Yokohama Rubber in Q2 2018

Yokohama Rubber Co., Ltd. reports that its sales revenue increased 1.8 per cent in the first half of 2018, to 309.7 billion yen (£2.2 billion). Business profit (sales revenue less the sum of cost of sales and selling, general and administrative expenses) rose 9.5 per cent year on year to 23.8 billion yen (£166.7 million) and operating profit was up 32.3 per cent to 26.4 billion yen (£184.9 million). The company says these operating profit and sales revenue figures were the highest it ever recorded. Profit attributable to owners of parent increased 19.2 per cent year-on-year, to 17.8 billion yen (£124.7 million).

Related news:

  1. Higher sales, earnings at Yokohama Rubber in Q1 2018
  2. Yokohama Rubber – Q3 2018 profit affected by asset impairment charge
  3. Yokohama Rubber: Profit up 56% in Q1 2017
  4. Goodyear: Q3 2018 results
10th August 2018 by

Bridgestone: Tyre business increases in significance in Q2 2018

Turnover at Bridgestone Corporation increased 2.8 per cent year-on-year to 915.5 billion yen (£6.4 billion) during the second quarter of 2018. Sales within the company’s tyre business contributed 758.9 billion yen (£5.3 billion) towards total turnover, growing 3.7 per cent over the prior-year result.

Related news:

  1. Bridgestone: Sales, operating income up in 2015, net income declines 5.4%
  2. Bridgestone: Operating profit down 3.1% in Q1 2018
  3. Russia continues to pound Nokian Tyres’ sales and profits
  4. Goodyear: Q3 2018 results
10th August 2018 by
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Vision Zero: Continental working with IAM RoadSmart

IAM RoadSmart has come together with Continental to support the tyre maker’s Vision Zero campaign to eliminate road deaths, injuries and accidents. Continental will work with IAM RoadSmart over coming months to engage road users at live experiential events. These will see attendees take the driver seat across a range of driving modules at test track locations, With IAM leading a module that gives a first introductory session to advance driver training, observing driver habits and advising on improvements that can be made.

Related news:

  1. Brake partners with Continental on the road to Vision Zero
  2. Mark Griffiths joins Continental UK communications team
  3. July peak month for tyre-related incidents
  4. Continental urges motorists to ‘follow RUDOLPH’ at Christmas
9th August 2018 by

Superior Industries: Acquired European operation boosts Q2 2018 results

Record unit shipments and net sales were the headline news upon the release of Superior Industries International Inc.’s financial results for the second quarter of 2018 – a performance resulting from the company’s acquisition of Uniwheels last year. The company has also slightly raised its income and EBITDA projections for the entire year.

Related news:

  1. Uniwheels business boosts Q1 2018 sales, profit at Superior Industries International
  2. UK car production a factor in lower Q3 2018 volumes for Superior Industries Inc.
  3. Superior Industries appoints new president, CEO
  4. Nokian Tyres increases sales, profits
9th August 2018 by

Pirelli sees technology transfer value in F1 smart tyres

Pirelli has presented new solutions and concepts as part of its Cyber Tyre development programme for more than a decade now. At last year’s Geneva Motor Show, the tyre maker introduced the Connesso system, a sensor-based solution that provides motorists with real-time tyre pressure and temperature data, as well as information about use and maintenance. Yet Cyber Tyre has only focused on road-going solutions so far – a further step for Pirelli would be to introduce its technology into Formula 1.

Related news:

  1. Teams try out 2018 Pirelli F1 range
  2. F1: Pit stop strategy helped Vettel to victory
  3. Formula 2: Pirelli supplying 18” tyres from 2020
  4. Pirelli: Australian GP cancellation a disappointing decision, but the right one
9th August 2018 by

Cooper Tires becomes RallyX Nordic title sponsor

RallyX Nordic has a new title sponsor, and will henceforth be known as RallyX Nordic presented by Cooper Tires. This new, multi-year arrangement with championship organiser the Scandinavian Touring Cars Corporation (STCC) continues Cooper Tires’ long-standing association with the rallycross series; the tyre maker already serves as official tyre supplier to RallyX Nordic’s Supercar and Supercar Lites categories.

Related news:

  1. Cooper Tires returns as RX2 International Series presenting sponsor
  2. Cooper headline sponsor of European rally car show, Rallyday
  3. Cooper becomes presenting sponsor, official tyre supplier of RX2 International
  4. Cooper Tires title sponsor of World RX of Great Britain
9th August 2018 by

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