![Prinx Chengshan opens European warehouse](https://www.tyrepress.com/wp-content/uploads/2021/06/stacked-tyres21-sml.jpg)
Prinx Chengshan opens European warehouse
With the opening of its new central warehouse last month, Prinx Chengshan can now supply its wholesale customers in all parts of Europe with locally-held stocks. The new Prinx Chengshan Tire Europe GmbH facility is situated in the south of Germany, and initially it will exclusively stock Fortune passenger car tyres.
Continue Reading![Tyres Industry Publications: the next 75 years](https://www.tyrepress.com/wp-content/uploads/2021/06/ta-archive.png)
Tyres Industry Publications: the next 75 years
The consumer tyre advice site WhatTyre and a new paywall-free digital archive of Tyres & Accessories magazine lead a range of new services from Tyre Industry Publications. The 75-year milestone for Tyres & Accessories magazine is not just a moment for retrospection. Our industry is in a state of technologically inspired flux. The past 18 months of crisis and upheaval have also been a catalyst for increasing the pace of change. At Tyre Industry Publications (TIP), we have taken this opportunity to consider the role our independent tyre industry media outlets play in the rapidly changing present and future. Our value-added information continues to offer a vital service to the tyre business but presenting this information in the right way for our readers is crucial. It also presents the ideal place for the most targeted advertising to trade buyers and – with our new consumer facing site WhatTyre – in-market audiences.
Continue Reading![SRI supporting TCFD recommendations](https://www.tyrepress.com/wp-content/uploads/2021/06/generic01.jpg)
SRI supporting TCFD recommendations
Sumitomo Rubber Industries, Ltd. has pledged to support the recommendations given by the FSB’s (Financial Stability Board) Task Force on Climate-Related Financial Disclosures (TCFD). In a statement, the Japanese tyre and rubber products maker declares that moving forward, it will “strive to follow the TCFD recommendations by working to actively disclose information concerning both the risks and the opportunities that climate change presents” in regards to four key areas of its business: Governance, Strategy, Risk Management and Goals/Indicators.
Continue Reading![Goodyear Blimp bound for England](https://www.tyrepress.com/wp-content/uploads/2021/06/Goodyer-blimp-sml.jpg)
Goodyear Blimp bound for England
A Zeppelin is heading London way, but this isn’t the cause for concern it once was – the Zeppelin NT semi-rigid airship will peacefully float over the capital on 29 and 30 June resplendent in its Goodyear livery as part of a tour of Blighty that will also take in towns in Kent such as Dover, Maidstone and Dartford.
Continue Reading![Halfords Autocentres reports 89.6% increase in pre-tax profit – next stop ‘market leadership’](https://www.tyrepress.com/wp-content/uploads/2021/06/halfords-mobile-expert-3.jpg)
Halfords Autocentres reports 89.6% increase in pre-tax profit – next stop ‘market leadership’
The Halfords Group reported a strong set of full-year 2021 that saw the company generate total sales of 1,292.5 million in 2021, up 13.1 per cent compared with the 2020 financial year (2020: 1,155.1 million). The financial report, which was published on 17 June 2021, shows that by all measures pre-tax profits skyrocketed. Indeed, Halfords Group reported profit before tax after the impact of IFRS 16 of £64.5 million, which amounts to a headline-grabbing increase of 184.1 per cent compared with the previous year. Halfords Autocentres accounted for an increasing proportion of the group’s overall sales figures, reporting 2021 sales of £252.5 million, up 31.6 per cent compared with 2020’s £194.1 million.
Continue Reading![3 solid tyre brands: Continental tailors portfolio for differing customer needs](https://www.tyrepress.com/wp-content/uploads/2021/06/Continental_SolidTires_Brand-sml.jpg)
3 solid tyre brands: Continental tailors portfolio for differing customer needs
Continental Commercial Specialty Tires is repositioning itself in the industrial solid tyre segment by clearly defining the role each of its three brands play. Going forwards, the Continental brand will serve as its range of premium solid tyres, General Tire will provide a home to the company’s medium intensity portfolio, and it will sell solid tyres for low intensity use under the Barum brand name.
Continue Reading![Continental highlighting agricultural tyres during Tour de France](https://www.tyrepress.com/wp-content/uploads/2021/06/Continental_TdF_AgriculturalTires-sml.jpg)
Continental highlighting agricultural tyres during Tour de France
The Tour de France – cycling through the Pyrenees and the Alps, vying for the yellow jersey, a jubilant finish on the Champs-Élysées…and agricultural tyres. We can look forward to all of these in 2021 as Continental, one of five main partners of the Tour de France, is bringing its agricultural tyre line-up to this year’s event.
Continue Reading![We Got You – Nexen Tire introduces new brand identity & slogan](https://www.tyrepress.com/wp-content/uploads/2021/06/Nexen-logo.jpg)
We Got You – Nexen Tire introduces new brand identity & slogan
Korean tyre maker Nexen Tire has launched a new brand identity along with a new slogan – ‘We Got You’. The aim of both is to further strengthen customer satisfaction with a focus on modern mobility solutions that improve quality of life in a changing world.
Continue Reading![Finalists named for BKT-sponsored TotY](https://www.tyrepress.com/wp-content/uploads/2021/06/BKT-Toty-sml.jpg)
Finalists named for BKT-sponsored TotY
For the second year, off-highway tyre specialist BKT is supporting the Tractor of the Year (TotY) event as sponsor. TotY named its finalists for the 2022 edition today during an online event at totydigital.com.
Continue Reading![GRI plant expansion “progressing well” despite lockdown](https://www.tyrepress.com/wp-content/uploads/2021/06/GRI-Plant-Expansion-sml.jpg)
GRI plant expansion “progressing well” despite lockdown
GRI Tires reports that the second phase expansion of its new production facility, which began in January 2021, is progressing well despite the challenges posed by the current lockdown in Sri Lanka. It is building the new and advanced specialty tyre manufacturing plant next to the current facility with a total investment of US$100 million.
Continue Reading![50 years of British retreads: Bandvulc marks half-century at forefront of sustainable production](https://www.tyrepress.com/wp-content/uploads/2021/06/Bandvulc-today.jpg)
50 years of British retreads: Bandvulc marks half-century at forefront of sustainable production
The importance of retreading as part of the circular economy is well-known in 2021. But when Devon-based Bandvulc started reusing rubber to make retread tyres back in 1971, sustainability was neither part of our everyday vocabulary, nor a standard manufacturing practice. 50 years on from its humble beginnings retreading just 30 tyres a week purely for local use, Bandvulc has grown to become the UK’s foremost tyre retreader, producing one premium quality retread tyre every three minutes to serve commercial vehicle customers across the country. To mark its half-century in operation, and five years on from Bandvulc’s acquisition by Continental Tyres in 2016, Tyres & Accessories looks back on the company’s history of pioneering retread technology, prolonging the lifespan of tyres, reducing waste ending up in landfill, and contributing to lower carbon emissions in tyre production, driving sustainability as it moves into its 51st year.
Continue Reading![Hankook expands testing capacity in Spain](https://www.tyrepress.com/wp-content/uploads/2021/06/Hankook-Spain-sml.jpg)
Hankook expands testing capacity in Spain
Hankook Tire has expanded its testing and development capacities in Europe with the commissioning of a new test centre in Spain. The facility, located some 40 miles southwest of Barcelona on the premises of the Applus+ IDIADA Group, will enable the tyre maker to “build on even more efficient and state-of-the-art, fully automated test logistics for European tyre development in the future.”
Continue Reading![Toyo USA raises tyre prices by up to 8.5%](https://www.tyrepress.com/wp-content/uploads/2020/10/tlo_biz83a-scaled-e1602237521703.jpg)
Toyo USA raises tyre prices by up to 8.5%
As of 1 August 2021, Toyo Tire USA is increasing its prices “across all tyre categories” by up to 8.5 per cent.
Continue Reading![Apollo Tyres: New corporate identity reflects new vision and purpose](https://www.tyrepress.com/wp-content/uploads/2021/06/New-Corporate-Identity-scaled.jpg)
Apollo Tyres: New corporate identity reflects new vision and purpose
Apollo Tyres Ltd has unveiled a new corporate identity and vision “Driving Progress, Together”, which is designed to set the company’s course for the next five years. As the parent company for both the Apollo and Vredestein tyre brands commented in a statement: “Apollo Tyres Ltd is committed to bringing together a global community and fostering a diverse and inclusive culture, that powers innovation to transport, both its business and society forward.”
Continue Reading![Michelin top, Conti moves up to 3rd – all change at the top of the 2021 Leading Tyre Companies table](https://www.tyrepress.com/wp-content/uploads/2021/06/pexels-andrea-piacquadio-3806252-scaled.jpg)
Michelin top, Conti moves up to 3rd – all change at the top of the 2021 Leading Tyre Companies table
While the world is still adjusting to the repercussions of the Covid-19 pandemic, there has been no small measure of disruption in the standings of the world’s leading tyre manufacturers, according to our latest top 25 table. Six of the top 10 have changed places this time round, with the headline news being that Michelin has regained pole position after several years of having Bridgestone in first place. At the same time, Continental has stepped up into third position, leapfrogging the previous incumbent Goodyear.
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