![Hankook Tire achieves S&P sustainability gold](https://www.tyrepress.com/wp-content/uploads/2022/02/Hankook-SP-sml.jpg)
Hankook Tire achieves S&P sustainability gold
S&P Global has awarded two tyre makers a Gold Class rating in its Sustainability Yearbook 2022. In addition to Pirelli reaching this status, which we reported on 1 February, S&P Global has also placed Hankook Tire & Technology in the Gold Class.
Continue Reading![Goodyear reports 42% net sales increase in 2021, EMEA back in black](https://www.tyrepress.com/wp-content/uploads/2022/02/Goodyear-EMEA-4Q21.png)
Goodyear reports 42% net sales increase in 2021, EMEA back in black
The Goodyear Tire & Rubber Company has reported full-year 2021 net sales of $17.5 billion, a 42 per cent increase on 2020. According to Goodyear, this was primarily due to “the Cooper Tire merger, higher volume, improvements in price/mix and increased sales from other tyre-related businesses.”
Continue Reading![Bridgestone providing Scoobic with tyres & telematic solutions](https://www.tyrepress.com/wp-content/uploads/2022/02/scoobic-sml.jpg)
Bridgestone providing Scoobic with tyres & telematic solutions
Scoobic Urban Mobility aims to be at the forefront of Europe’s growing last-mile delivery market, and the 100 per cent electric vehicles it designs and manufactures will now benefit from two key Bridgestone technologies. Under a recently signed European-level agreement, Scoobic will fit all new vehicles with Bridgestone tyres and equip them with factory-installed fleet management technology from Webfleet Solutions. In addition, Bridgestone’s retail network, including First Stop and Speedy outlets, takes responsibility for maintaining the Scoobic electric fleet and replacing tyres when necessary.
Continue Reading![Vredestein to benefit from Apollo Tyres’ European ‘rebalance’](https://www.tyrepress.com/wp-content/uploads/2022/02/vorti.jpg)
Vredestein to benefit from Apollo Tyres’ European ‘rebalance’
Apollo Tyres aims to be the “easiest tyre company to do business with” and is implementing organisational changes in Europe that will help realise this goal. Parallel to a tweaking of the Vredestein brand’s positioning and pricing, Apollo is adapting its sales and marketing organisation and appointing new regional customer care managers. These changes come into play on 1 April 2022, and to find out more we spoke with Yves Pouliquen, Apollo Tyres’ head of sales and marketing for Europe.
Continue Reading![Fintyre creditor arrangement approved](https://www.tyrepress.com/wp-content/uploads/2022/02/FinTyre-23.jpg)
Fintyre creditor arrangement approved
Fintyre SpA’s creditor arrangement plans were approved by the Court of Brescia on 4 February 2022. The plans filed by Fintyre envisage, among other things, business continuity within the rules of Italian bankruptcy law to the benefit of the company’s approximately 250 employees, according to reports from our Italian sister publication, PneusNews.it.
Continue Reading![Kwik Fit raises £300,000 for Prostate Cancer UK](https://www.tyrepress.com/wp-content/uploads/2022/02/Kwik-Fit-prostrate-sml.jpg)
Kwik Fit raises £300,000 for Prostate Cancer UK
Despite the impact that pandemic restrictions have placed on face-to-face fundraising, over the last year Kwik Fit raised more than £300,000 for its charity partner Prostate Cancer UK. With Covid-19 restricting the options for fundraising, the programme has placed a greater focus on online activity and staff participating in virtual and individual events. These included a team of employees from the company’s Fleet and Mobile division completing a “round the world” trip - walking, running and cycling a total of 25,734 miles and raising over £18,000.
Continue Reading![Hankook Tire 2021 results](https://www.tyrepress.com/wp-content/uploads/2022/02/Hankook_and_Company_headquarters_office.jpg)
Hankook Tire 2021 results
Tyre maker Hankook has released its results for the 2021 financial year. The company achieved global sales of KRW 7.142 trillion (£4.4 billion), 10.7 per cent higher than in 2020, and a year-on-year increase in operating profit of 2.2 per cent to KRW 641 billion (£395.1 million). Momentum slowed in the second half of the year as the global economy collectively tackled issues such as global supply chain disruption, semiconductor shortage and rising raw materials costs.
Continue Reading![Goodyear plant gains another Platinum Caterpillar SQEP certification](https://www.tyrepress.com/wp-content/uploads/2022/02/Goodyear-Caterpillar-sml.jpg)
Goodyear plant gains another Platinum Caterpillar SQEP certification
Goodyear says it is “honoured to receive” a second Platinum certification in the Caterpillar Supplier Quality Excellence Process (SQEP). The tyre maker’s factory in Wittlich, Germany earned these back-to-back awards with the tyres it supplies for Caterpillar compact wheel loaders.
Continue Reading![Yuasa get set for takeoff with world famous air display team The Blades](https://www.tyrepress.com/wp-content/uploads/2022/02/yuasa_blades_1.jpg)
Yuasa get set for takeoff with world famous air display team The Blades
Yuasa, a brand of global battery manufacturer GS Yuasa, are taking their sponsorship programme to new heights by teaming up with world famous air display team The Blades. The partnership will see Yuasa logos feature prominently on the team’s four aircraft as they perform exhilarating close-formation aerobatic displays to well over four million people at events in 2022.
Continue Reading![Vesper: Maxion, Taskmaster extend collaboration](https://www.tyrepress.com/wp-content/uploads/2022/02/taskmaster.jpg)
Vesper: Maxion, Taskmaster extend collaboration
In autumn 2020, global tyre and wheel assembler Taskmaster Components introduced the Vesper by Maxion Wheels, a complete line-up of steel trailer wheels developed with and manufactured by Maxion Wheels. The two companies have now announced a three-year extension to their supply agreement.
Continue Reading![Bridgestone: 20% of OE deals EV tyres by 2024](https://www.tyrepress.com/wp-content/uploads/2022/02/EV-pic-to-support-electrification-scaled.jpg)
Bridgestone: 20% of OE deals EV tyres by 2024
The past two years have given plenty of reason to be optimistic about the speed of the electrification of the car parc. In the UK plug-in electric vehicle sales have grown market share quickly, rising to 18.5 per cent of new car registrations in the UK in 2021, according to figures from the Society of Motor Manufacturers and Traders. Add in hybrids, and this figure was over a quarter (27.5 per cent) last year. The new car market has faced severe headwinds with component shortages and other effects of the pandemic, leading to only one percent growth compared to the year of the most severe pandemic restrictions in 2020. Meanwhile EVs have benefitted from favourable consumer perception and government-backed schemes, leading to growth where other segments have faltered. With schemes due to expire and bottlenecking in the rollout of chargepoints, there could be more turbulence for new EV sales coming, yet current projections show that confidence in the EV segment is relatively high.
Continue Reading![“If we don’t have something, it’s usually not available anywhere”](https://www.tyrepress.com/wp-content/uploads/2022/02/Viento-Turismo-sml.jpg)
“If we don’t have something, it’s usually not available anywhere”
Vaccinations were our great hope at the start of 2021, but we entered the new year entirely lacking immunity against other threats. Supply chain issues and escalating raw material, shipping and energy prices quickly became an unwelcome reality. Cambrian Tyres is one of many firms that’s seen the cost of many products go up and the availability of some go way down, but the wholesaler is striving to minimise the global situation’s impact upon its customers.
Continue Reading![Hankook opens Spanish test centre at Applus+, Idiada](https://www.tyrepress.com/wp-content/uploads/2022/02/20220203_Official_opening_of_new_test_centre_in_Idiada-scaled.jpg)
Hankook opens Spanish test centre at Applus+, Idiada
Hankook has announced the official opening of its newly constructed test centre on the premises of Applus+ in Idiada, Spain. All areas that previously had to be accommodated separately on the premises are now housed under one roof in the new workshop due to the constant growth in testing and development requirements over recent years.
Continue Reading![Nokian Tyres launches sustainability innovation challenge](https://www.tyrepress.com/wp-content/uploads/2022/02/Nokian_Tyres_Fast-Race-Big-Change_Ivalo-test-center_2.jpg)
Nokian Tyres launches sustainability innovation challenge
Nokian Tyres is launching an innovation challenge to change the future of driving. The Fast Race, Big Change challenge is an open competition inviting start-ups, businesses, students and academics to innovate for more sustainable tyres. The finalists will be offered the unique opportunity to pitch their idea at Nokian Tyres’ legendary – and rather dauntingly named - ‘White Hell’ tyre testing centre in Lapland, during one lap on a test track. The winner will have the chance to collaborate with the Nokian Tyres R&D experts to craft their idea into reality.
Continue Reading![Grupo Andres: tyre exports are growth area](https://www.tyrepress.com/wp-content/uploads/2022/02/logoANDRES-2021-valla-publicitaria.png)
Grupo Andres: tyre exports are growth area
20 per cent of Spanish tyre distributor Grupo Andrés’s sales are made outside Spain. And, with the company positioned as market leader in the Iberian peninsula along with investments in systems and infrastructure, sales are projected to grow.
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