Axcel becomes Nordic Tyre Group majority shareholder
Private equity group Axcel has become the new majority owner of Nordic Tyre Group in a move designed to “further strengthen the [tyre] company’s position in its core regions while expanding into new European markets”.
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Omni United names Stéphane Clepkens as product testing lead
Omni United has appointed Stéphane Clepkens as test manager. According to Omni United representatives, the move “reinforces the company’s mission to deliver premium products that have been rigorously tested against leading established brands…”. Stéphane will spearhead the entire tyre testing operations with both independent testing organizations and perform hands-on testing as a professional handling driver.
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Goodyear sells Cooper Melksham land
The Cooper Tire & Rubber Company Europe Limited has confirmed the sale of land belonging to the Cooper Tire Melksham site today (Friday, 20 December 2024). The sale specifically relates to 38.5 acres of greenfield land in Melksham, Wiltshire.
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New CEO for NTAW Holdings
From 1 January 2025, Warwick Hay will assume the role of Chief Executive Officer at NTAW Holdings Limited, the largest independent importer and distributor of tyres and wheels in Australia and New Zealand. Hay, who is currently Chief Operating Officer at NTAW Holdings, will take on the CEO role as part of a strategic succession plan set in motion by the company’s Board in conjunction with existing CEO and Managing Director, Peter Ludemann.
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BKT names new regional OEM leadership
Off-highway tyre specialist BKT recently announced two appointments that support its OEM business in the Asia Pacific and Africa & Middle East regions. It says the promotion of Rishi Raj Singh and Aniruddha Pandit to new roles will “further strengthen the corporate organisation” within the global OEM sector.
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Von Hirschheydt to head independent company following Continental Automotive spin-off
Continental has shared its concrete plan for the spin-off of its Automotive group sector. According to information discussed at a meeting held on Wednesday, the plan involves completing the spin-off of Automotive as a Societas Europaea compnay listed on the Frankfurt stock exchange by the end of 2025. The independent company will operate under a new brand, which Continental will launch by the end of April 2025, under the leadership of Philipp von Hirschheydt.
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Drive me to the Moon – Pirelli’s 2024 F1 stats
The USA is headed back to the Moon in a couple of years and several other countries have landed vehicles on the lunar surface. Pirelli hasn’t been there and – as far as we know – isn’t planning a mission, but the Italian brand comments that the Pirelli tyres used over the course of the 24 Grands Prix in this longest ever Formula 1 season covered a distance that almost would reach the Moon “on an imaginary road linking our planet to its only natural satellite.”
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Bridgestone gains Prince Michael Award for road safety programme
Established in 1987, the Prince Michael International Road Safety Award recognises innovation and achievement in enhancing road safety both in the UK and around the world. Bridgestone Corporation has become an awardee thanks to its Bridgestone Road Safety Program (BSRP) and was honoured at the Annual Awards Luncheon Ceremony held at The Savoy in London on 10 December. Prince Michael presented the award to Paul Choo, Chief Human Resources Officer, responsible for HR and CSR across Bridgestone Asia Pacific, India, China (BSAPIC), and Mei Ling Tan, Director, CSR, BSAPIC.
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After careful consideration, Linglong ‘refutes’ allegations as ‘fake news’
Following several reports in the German press relating to earlier allegations of worker mistreatment during the construction of Linglong’s Zrenjanin, Serbia tyre factory, which has led to truckmaker MAN’s suspension of tyre deliveries from Linglong, Linglong International Europe d.o.o. representatives have responded with an official statement rebutting the allegations. The statement begins by highlighting that Linglong Europe is paying “great attention to all the allegations reflected in the press” before characterizing them as “old news” and even “fake news”: “we would like to emphasize that all allegations are old news and all the facts are twisted and crafted to make fake news to damage our reputation.”
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Goodyear continues Team De Rooy support in Dakar Rally 2025
The partnership between Goodyear and Team De Rooy will continue for the upcoming Dakar Rally 2025. As official tyre supplier, Goodyear will equip the Dutch team with its Goodyear OffRoad tyres and TPMS, helping to ensure reliable performance throughout the rally’s demanding stages.
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Prinx Chengshan recall only related to USA
Following the news that Prinx Chengshan is recalling >500,000 tyres in North America, company representatives confirmed to Tyres & Accessories that the recall only relates to the USA and is not related to Europe or the European markets.
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ZC Rubber inaugurates first phase of Indonesia tyre plant
At a ceremony involving more than 300 dealers and suppliers from around the world, as well as local and Chinese officials, ZC Rubber officially inaugurated Phase 1 of its PT. Matahari Tire Indonesia (MTI) plant yesterday. The factory, which is located in Kendal Industrial Park, Central Java, is ZC Rubber’s second plant outside China.
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Hadley Group fleet switches to Michelin tyres
Building system and cold-rolled steel manufacturer Hadley Group has said the decision to switch to Michelin rubber, replacing a competitor brand across its truck and trailer fleet, has proved “invaluable”. The Smethwick-headquartered business, said the combination of Michelin X Multi tyres and data analysis from Michelin Connected Fleet, had delivered “actionable insights”, which helped it “identify and remedy low tyre-pressures”. This, combined with the arrival of new vehicles into the fleet, delivered a 13 per cent reduction in fuel consumption from October 2023 to October 2024.
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RAKEZ reinforces UK ties with London roadshow
A bit over a year since the UK Trade Envoy visited the UAE, Ras Al Khaimah Economic Zone (RAKEZ) recently concluded a five-day roadshow in London. The economic zone team, led by group CEO Ramy Jallad, engaged in a series of B2B meetings, media engagements, and a celebratory event at the UAE Embassy in London to commemorate the UAE’s 53rd Union Day. According to RAKEZ, the visit aimed to “enhance economic collaboration between Ras Al Khaimah and the United Kingdom, showcasing the emirate as an ideal destination for British investment”.
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China factory the start of Yokohama Rubber’s ‘1-year plant’ challenge
According to Yokohama Rubber, the groundbreaking ceremony held for its new Hangzhou Qiantang Yokohama Tire Co., Ltd. plant in China last Monday marks the start of construction of the first plant it is building under the ‘1-year plant’ challenge, the company’s strategy for growing its consumer tyre business. The aim of the 1-year plant challenge is to quickly construct efficient, low-cost manufacturing facilities to gain a “strong competitive position” within local markets, synergising Yokohama Rubber’s own experience with that of local partners.
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