Toyo OE for Audi Q8 in North America
The Toyo Celsius SUV A has been selected as an original equipment tyre for the Audi Q8 that goes on sale in North America this autumn. The Audi SUV wears the Toyo tyre in size 275/50 R20 113H.
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Yokohama Rubber – Q3 2018 profit affected by asset impairment charge
Yokohama Rubber Co., Ltd. reports a 1.2 per cent year-on-year increase in sales revenue in the nine months to 30 September 2018, however profit indicators were lower than in the first three quarters of last year. The tyre and rubber products manufacturer has also revised its full-year fiscal projection in light of operations at its US tyre plant.
Hankook continuing Air Ambulance support into 2019
Hankook Tyre UK has confirmed its continued support of the Air Ambulance charity, a partnership that began with a donation of tyres in 2017. Since then, Hankook Tyre UK supported the charity through tyre donations and by arranging multiple fundraisers, both internally and during popular company events. It has also made Air Ambulance its dedicated charity of choice.
ATG appoints Angelo Noronha head of new EMEA business
Angelo Noronha has been named president of the newly combined Europe, Middle East and Africa regional teams at Alliance Tire Group (ATG).
John Aben appointed to head Prinx Chengshan’s North American operation
Over the past two and a half years, Prinx Chengshan has established a presence in our region with the build up of its Prinx Chengshan Europe operation in Slovakia, however the tyre maker’s international growth plans don’t just include Europe. This year a new sales and marketing subsidiary in North America is also being established. The operation is headed by John Aben, who joins the company from Giti Tire.
US market receives first Magna OTR tyre production from Thailand
One way of avoiding anti-dumping duties applicable to tyres imported from China is not to import tyres from China. This is what Magna Tyre Group is now doing in the USA – the company is meeting increased demand for OTR tyres in this market by expanding its production capacity in Thailand. Tyres made in this facility, comments Magna, are don’t attract tariffs in the USA and thus offer the opportunity for the company to “massively increase our presence on American market.”
Apollo Tyres’ Onkar Kanwar receives Japanese Imperial honour
In its 2018 Autumn Imperial Decorations, the Government of Japan has conferred upon Onkar S Kanwar the Order of the Rising Sun, Gold and Silver Star. The chairman of Apollo Tyres Ltd. received this recognition for his contributions towards strengthening the economic relations between Japan and India, and for promoting Japanese company’s entry into the Indian market.
Increased capacity, exports: Prometeon investing $115 million in Turkey
Capacity at the Prometeon Tyre Group plant in İzmit, Turkey will increase by 75 per cent by 2020 in order to accommodate plans to almost double exports from the facility. This project will be funded by a US$115 million investment announced by the company on Tuesday.
Michelin Dundee closure: Scotland’s Economy Secretary convening action group
Scotland’s Finance and Economy Secretary, Derek Mackay, held urgent talks yesterday with trade unions and the management of Michelin Tyre Company Ltd. to discuss the future of the Dundee car tyre plant, following confirmation of Michelin’s intention to close the plant by 2020.
Avon Tyres OE on KTM 790 Adventure
British motorcycle brand Avon Tyres is the original equipment fitment for the KTM 790 Adventure, which debuts this week at the EICMA show in Milan.
Apollo Tyres showcasing motorcycle tyre at EICMA – European Vredestein range on its way
Apollo Tyres will present its new radial motorcycle tyre at the EICMA show in Milan, which opens to the public tomorrow. Although the Apollo Alpha-H1 is currently only available in India, it is nevertheless of interest to us as Apollo Tyres confirms that “preparations are now underway to further develop and tune the technology for Europe.” Furthermore, the introduction of two-wheeler tyres in Europe will be facilitated by new development and test facilities within the region.
SSE debut for new Sailun Group ticker symbol
As of today, Sailun’s ticker symbol on the Shanghai Stock Exchange has changed from ‘Sailun Jinyu Group Co., Ltd.’ to ‘Sailun Group Co., Ltd.’. The tyre maker’s securities code remains 601058.
Martin West leaves Maxam Tire International – Troy Kline named successor
Martin West retired as global president of Maxam Tire International Limited. He left the Sailun Group company at the end of last month and has been succeeded by Troy Kline. The president of Maxam Tire North America has assumed full responsibility for European operations.
Schaeffler Group to scale back UK manufacturing, logistics presence
The Schaeffler Group, best known to us as major shareholder (through holding company IHO Group) in tyre and automotive systems manufacturer Continental, has announced its intention to close two of its three plants in the UK. And Brexit, in part at least, is to blame.
Bridgestone putting farmers in the driver’s seat
Bridgestone aims to put farmers in the driver’s seat like never before, courtesy of a new downtime-reducing tyre ordering service that’s designed to “fit with the pockets of each and every business.” For the first time, Bridgestone is giving farmers the opportunity to calculate financing options for their tyres and buy directly online.
