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Dunlop has partnered with contemporary British automotive artist Ian Cook of Popbangcolour to produce a special series of BTCC paintings that celebrate 60 years of touring car racing. The artwork is being created in aid of Macmillan Cancer Support.
Sale agreement or receivership – according to creditors, 30 March remains the deadline for Kumho Tire. Yonhap News Agency writes that Lee Dong-gull, chairman and chief executive officer of the Korea Development Bank, has ruled out an extension to this deadline. This means that should its labour union not agree to Qingdao Doublestar Tire’s purchase of a 45 per cent share in the company, from Monday 2 April Kumho Tire will be bankrupt and placed under court receivership.
A tractor isn’t the first vehicle that springs to mind when planning a 4,000-mile odyssey through South Africa that passes through national parks, along gold mines and over plateau, however this is the transport of choice for the 16-strong team taking part in Xtractor 2018. Early next week, four McCormick tractors will depart Cape Town on this 49-day on- and off-road journey, riding on the Agrimax Force and Agrimax RT 657 rubber provided by Xtractor tyre partner BKT. The off-road tyre specialist has created a mini-website where all interested parties can follow the team’s progress; regular updates and real time news from Xtractor 2018 can be found at Xtractor.bkt-tires.com.
The pre-season round of the new Mini Challenge Asia series took place at the Zhuhai International Circuit in China on 17-18 March, with all entrants racing on Giti rubber. Giti Tire says it is “excited to be taking a new step forward as the official tyre” of 2018 Mini Challenge Asia, and it is supplying GitiCompete GRT1 tyres to each of the John Cooper Works Mini F56 cars racing in the China-based series. The official opening round will take place at the Zhuhai International Circuit on 16-17 June 2018.
The latest news from South Korea suggests that local tyre distributor and retail network operator Tire Bank Co. Ltd. would like to purchase the Kumho Tire shareholding that China’s Qingdao Doublestar Tire is currently negotiating to acquire from creditors. The unexpected appearance of the Daejeon-based firm, which hinted it may bid together with one or more partners, further complicates an already drawn out and difficult transaction.
A survey performed for Kwik Fit indicates that the pothole problem is getting worse in the UK, a trend that will surprise very few people. Based upon feedback from 2,049 respondents, it has been determined that pothole damage to vehicles last year cost a total of £915 million to repair. This is 34 per cent more than the cost calculated from a similar survey two years ago – and the rise can’t be explained away by increasing repair costs.
Pirelli began an eighth season as Formula 1 tyre supplier at the Australian Grand Prix over the weekend, and it opines that pit stop strategy was “central” to the race’s outcome.
It won’t be a Good Friday for Kumho Tire if an agreement between its creditors and the labour union representing its workforce isn’t reached by the end of this week. Friday 30 March is the deadline set for a formal consensus regarding the sale of a 45 per cent share in the tyre maker to China’s Qingdao Doublestar Tire for KRW 646.3 billion (£421.7 million).
Anant Goenka, managing director of Ceat Ltd., has been elected chairman of Indian tyre industry body the Automotive Tyre Manufacturers’ Association (ATMA). Rajeev Anand, chairman and managing director of Goodyear India Ltd., is the association’s new vice-chairman.
At the Innovation Awards Ceremony held at the SITL transport and logistics exhibition in Paris last Wednesday, companies were honoured for their latest and greatest in six awards categories. Michelin Solutions’ MyBestRoute application was declared winner of the Technologies and Information Systems category.
With an investment of approximately 290 million euros, Hankook Tire is adding a truck tyre production unit to its factory in Rácalmás, Hungary. Work on this expansion project – the fourth since the plant opened in 2007 – will begin in June, with production expected to commence in June 2020. The truck tyre production unit will have the capacity to make 550,000 tyres a year, and its opening will create around 150 new jobs.
More than 250 million euros will be invested into Pirelli’s business in Latin America over the next three years in order to reinforce its ‘High Value’ strategy within the consumer tyre segment. The investment plan was announced by Marco Tronchetti Provera, executive vice-chairman and chief executive officer of Pirelli, during his visit to the company’s […]
A new Dezent alloy rim has been launched to meet growing demand in the van market. Suited to models such as the Mercedes V Class and VW T5/T6 Crafter, the Dezent Van offers a combination of looks and very high load capabilities. Alcar quips that the new rim is ‘Van’tastic.
For the sixth consecutive year, Yokohama Rubber Co. Ltd. has earned Caterpillar’s premier supplier award, Platinum Level Recertification in its Supplier Quality Excellence Process (SQEP). The award went to Yokohama’s factory in Onomichi, Japan, which produces original equipment and replacement off-the-road tyres for a wide range of equipment.
Exide Technologies has announced a sponsorship deal with Team Estrella Galicia 0,0 Marc VDS in this season’s MotoGP championship. The company says it views this new arrangement, which will expose Exide to a potential audience of millions around the world, as an “attractive marketing proposition.” As part of the sponsorship deal, the Exide logo will appear on Franco Morbidelli’s bike, team livery and in team promotional material.
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