Hankook introduces AI for ‘smarter’ tyre inspection
Artificial intelligence (AI) and digital sensor technology is being employed to automate the inspection of freshly-manufactured tyres at Hankook Tire & Technology’s production facilities. Hankook says its automatic inspection system will improve efficiency and consistency at the final stage of product testing.
Continue Reading![Alcoa now a Howmet Aerospace brand](https://www.tyrepress.com/wp-content/uploads/2020/04/howmet-alcoa.jpg)
Alcoa now a Howmet Aerospace brand
Alcoa aluminium wheels is now a Howmet Aerospace brand. On 1 April, Howmet Aerospace Inc. launched as a standalone company following the completion of Arconic Inc.’s separation into two firms. Howmet Aerospace is active in the aerospace, defence and space, and commercial transportation sectors and is made up of engine products, fastening systems, engineered structures and forged wheels businesses that in 2019 generated more than US$7 billion in revenue.
Continue Reading![Michelin contributes to French face mask project](https://www.tyrepress.com/wp-content/uploads/2020/04/Michelin-mask.png)
Michelin contributes to French face mask project
Michelin has been working with other companies to produce a new type of reusable face mask for use in the COVID-19 pandemic. The tyre maker adds that this OCOV mask, developed within a matter of weeks, is affordable, sustainable and can be produced in large quantities.
Continue Reading![ZC Rubber resumes full tyre production](https://www.tyrepress.com/wp-content/uploads/2020/04/ZC-China.jpg)
ZC Rubber resumes full tyre production
The last few months have been a challenging time for the tyre industry, but some of the first companies affected by the COVID-19 crisis are now reporting a return to normality. Zhongce Rubber Group (ZC Rubber) says its production at its plant in Hangzhou, China is now “in full swing” and its more than 9,200 employees back at work.
Continue Reading![TMG E-CUBE set to impact UK tyre market following pandemic lockdown](https://www.tyrepress.com/wp-content/uploads/2020/04/ecube-scaled-e1586337492895.jpg)
TMG E-CUBE set to impact UK tyre market following pandemic lockdown
Netherlands based TechnoMarketing Group (TMG) is working towards the introduction of its E-CUBE mobile tyre servicing equipment in the UK. The system is already firmly established in many countries throughout Europe and in North America. It is designed as the next generation in versatile and safety when changing a tyre at a customer’s home or workplace.
Continue ReadingGoodyear re-elects directors at virtual annual meeting
The Goodyear Tire & Rubber Company announced the re-election of 12 members of its Board of Directors to new one-year terms at the company’s virtual annual shareholder meeting on Monday.
Continue Reading![Schaeffler donating 1 million euros to combat COVID-19](https://www.tyrepress.com/wp-content/uploads/2020/04/schaeffler.jpg)
Schaeffler donating 1 million euros to combat COVID-19
Automotive supplier Schaeffler AG and the Schaeffler family are jointly donating one million euros to the Red Cross to help in the fight against COVID-19.
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GRI ‘privileged’ to continue pivotal role in food supply chain
Agility and rapid responsiveness are important for GRI, and the company believes these qualities set it apart within the specialty tyre manufacturing industry. It shares that the firm has “been ahead of other companies in the industry” facing the current COVID-19 situation thanks to the very proactive and far-sighted actions of its senior management.
Continue Reading![Pirelli launches new digital tyre dealer training](https://www.tyrepress.com/wp-content/uploads/2020/04/TyreCampus.png)
Pirelli launches new digital tyre dealer training
In light of the Covid-19 pandemic, Pirelli has launched a new package of virtual training initiatives for its dealers and their salesforce. From mid-March, tyre dealers and Pirelli employees have been able to take part in new online training sessions, adding to the existing technical e-learning programme from Tyrecampus and Pirelli’s own internal Commercial Academy. The goal is to construct a new way of working with customers, which will to some extent shape how the tyre market works in future.
Continue ReadingNokian re-opens Russia factory
Production at the Nokian Tyres’ Russian factory in Vsevolozhsk re-launched on Monday 6 April 2020. According to the company, the restrictions adopted by the the Russian presidential decree dated 2 April 2020 extending the non-working regime until the end of April, do not apply to Nokian’s Vsevolozhsk factory. This is said to be because “as it is a continuously operating enterprise…it is thus allowed to continue normal operations”.
Continue Reading![JATO Dynamics appoints new CEO](https://www.tyrepress.com/wp-content/uploads/2020/04/DEK-2014-Headshot.jpg)
JATO Dynamics appoints new CEO
JATO Dynamics, which provides global automotive data, has David Krajicek as its CEO, effective 13 April 2020. Dr Krajicek has over 25 years’ experience. He joins from GfK where he had been at the helm as CEO of GfK Research since 2017.
Continue ReadingAuto industry will look to China for rebound insights – GlobalData
As the Chinese Government announces it will maintain subsidies for electric vehicles and plug-in hybrids, an indication that it will support the industry in recovery, David Leggett, automotive analyst at GlobalData, says all eyes will be on China, being the first country hit by the crisis and the first to attempt to navigate a way out.
Continue ReadingCooper Tires extends North America production pause
Cooper Tire & Rubber Company announced on Friday that its tyre manufacturing plants in North America will remain shuttered for at least another two weeks. The company began closing down its Findlay, Clarksdale, Tupelo and Texarkana facilities in the USA and El Salto plant in Mexico on 21 March and intended to shut them down for two two three weeks. It says the production pause is being extended both to protect the health and safety of employees and as a response to decreased market demand. Cooper will continue to closely monitor the situation and adjust timing as necessary.
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No 2019 dividend, updated 2020 guidance: Pirelli strives to mitigate COVID-19 impact
The Board of Directors of Pirelli met last Friday to take stock of the COVID-19 crisis and its detrimental effect upon global economic outlook. During the meeting, they decided the scenario that forms the basis of the 2020-2022 Industrial Plan, which Pirelli presented on 19 February, no longer applies. The Board has therefore decided to reformulate Pirelli’s targets for 2020 “in light of the elements available today” and has also cancelled the distribution of dividends for 2019 for the time being and revised its 2020 renumeration policy.
Continue ReadingMichelin managing partners take 25% pay cut
Michelin’s managing partners, the executive committee as well as the chairman and independent members of the supervisory board have agreed to reduce their remuneration. The announcement comes in the context of the coronavirus crisis that has caused a noticeable slowdown in the activities of the Michelin Group and which has led to some employees having to undergo partial unemploym
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