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Hankook Tire & Technology has published its 2022/23 ESG Report, highlighting the company’s sustainability activities, performance, and mid- and long-term strategies for the year. The report, Innovation for a Sustainable Future, is the 14th report published since 2010 and provides an overview of Hankook Tire’s performance in three primary categories: Eco-Value Chain, Sustainable Product, and Responsible Engagement.
Wheel manufacturer Borbet has marked 20 years of alloy wheel production at its Bad Langensalza plant in Germany with a celebration at the site on Saturday. The company has also announced that Dr Andreas Güntner will succeed Dr Claus-Michael Honsel as managing director of the subsidiary operating the Bad Langensalza factory, Borbet Thüringen GmbH, from November 2023.
The Danish Competition and Consumer Authority has suspended its investigation into the planned NDI Group acquisition of Euromaster Danmark. Following the collapse of the two companies’ planned merger, the Euromaster Group announced that it will “not continue its activities in Demark” after the end of 2023.
Independent tyre dealer and car maintenance network Point S Tyre & Autocare has bolstered its UK sales team with the appointment of Todd Sale as Sales Manager for the Northern region. In this role, he will work closely with Point S members in the north of the UK and in Northern Ireland to support the growth of their businesses.
Canada’s largest locally owned tyre distributor has acquired the country’s largest manufacturer and distributor of alloy and steel wheels and accessories. With its purchase of Fastco Canada, Groupe Touchette Inc., views itself as positioned to “significantly expand” its service offering and is confident the transaction will provide Fastco Canada with “greater access to new markets.” The tyre wholesaler also speaks of “strong synergies in product offering.”
The best-selling tyre size in the UK is still 205/55 R16 and this is the dimension Auto Express selected for its summer 2023 tyre test. In association with Blackcircles.com, tyre tester Kim Adams and the Auto Express team headed to the Contidrom proving ground in Germany and compared the performance of 11 brands of tyre.
Darkness descended upon The Goodyear Tire & Rubber Company’s former headquarters almost a decade ago. At any rate the illuminated sign atop the building ceased functioning, and this is something that Goodyear and a partner have rectified in the runup to the tyre maker’s 125 anniversary.
The partnership that began between Prometeon Tyre Group and Italian football club Parma Calcio 1913 a year ago continues in 2023-24. When the new Serie B season begins later this week, the tyre maker will return at main sponsor and again be present on players’ shirts. Prometeon also becomes Official Tyre Partner this season and will supply tyres for the coach used by the club’s first team.
GRI has debuted a non-marking cross-ply tyre for skid steer machines. The GRI XPT SS is a grey-coloured tyre with a three-step lug design that, according to the manufacturer, provides superior stability, strength, and traction.
The Board of Directors at Apollo Tyres Ltd. reports a 124 per cent increase in net profit during the three months to 30 June 2023, the first quarter of the company’s 2023-24 fiscal year. Chairman Onkar Kanwar credits the efforts of Apollo’s European business towards this result.
Yokohama Rubber reports another record half-year, with sales in H1 2023 rising by 13.2% to 443.2 billion yen (£2.4 billion). The new Yokohama TWS division, created through the acquisition of the Trelleborg Wheel Systems business on 2 May, contributed greatly to this by delivering sales of 30.5 billion yen (£166.1 million) in the final two of the six reporting months. At the same time, the YOHT division lost 12.0 billion yen (£65.5 million) in sales.
Goodyear has joined forces with German automotive brand Opel to develop a custom tyre for the Opel Experimental concept car. The tyre maker says the unique features of its creation, including a custom sidewall, tread design, and compound, “seamlessly complement the striking aesthetics of the Opel Experimental concept, highlighting Goodyear’s dedication to delivering unforgettable design alongside this esteemed OEM.”
France’s Mobivia has sold its Norauto tyre, battery and automotive servicing network in Argentina to Stellantis. the company says it is ceasing activities in South America in order to refocus and strengthen its performance in Europe.
Together with local distribution partner Bohnenkamp, Sailun Group has become tyre partner of German football club VfL Osnabrück, which currently plays in the second division 2. Bundesliga. Sailun has come on board as a premium partner, while Bohnenkamp and the Maxam brand serve as team partners. This joint arrangement will initially run for three years.
TireHub is now five years old and says it is looking forward to future growth. The US-based national tyre distributor, which was co-founded by Bridgestone & Goodyear, now operates 80 TireHub Logistics Centers and will add more to the network in the coming months, and TireHub also plans to open its first regional distribution centre later this year.
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