Kumho customers play the beautiful game, Spurs-style
One of the many highlights of Kumho Tyre’s partnership agreement with Premier League football club Tottenham Hotspur is the annual five-a-side tournament the club lays on for Kumho’s UK customers. Kumho considers this a money-cant-buy experience that is “eagerly anticipated” by all concerned.
Continue ReadingJK Tyre now 26% shareholder in Treel Mobility Solutions
In June and July, J.K. Organisation company JK Credit & Finance acquired 50.003 per cent equity shares in Indian start-up Treel Mobility Solutions Pvt. Ltd. JK Tyre & Industries has now obtained 26 per cent equity in the smart tyre system specialist from its group sibling and rebranded Treel as a ‘JK Tyre Product’. JK Tyre paid Rs 59.8 million for its 26 per cent share in Treel; JK Credit & Finance continues to hold 24.003 per cent in the company.
Continue ReadingCooper Tire acknowledged for BoD female representation
US non-profit organisation 2020 Women on Boards has goldstarred Cooper Tire & Rubber as a Winning “W” Company for the level of female representation on its Board of Directors.
Continue ReadingNexen Tire back with Man City for 2019/20
Last season’s engagement with ‘domestic treble’ winner Manchester City F.C. gave Nexen Tire abundant exposure. The tyre maker returns again in 2019/20 as an Official Partner, its fifth season with the club and its third as Sleeve Partner. The current season got underway with a 5-0 win against West Ham last Saturday.
Continue ReadingRise of fake parts sees TMD Friction develop new ways to fight back
TMD Friction has revealed that it is continuing to fight back against fake parts amid reports of a rise in the number of fake components entering the aftermarket. The manufacturer is currently working on a security seal that will be directly linked to its computer system, allowing any factor or garage to check the authenticity.
Continue ReadingFootball: Linglong Tire becomes VfL Wolfsburg sleeve partner
Less than three months after extending its VfL Wolfsburg partnership, Linglong Tire has taken a further step with the German football club by becoming its sleeve partner. As of this season, the tyre maker’s logo will appear on players’ left shirt sleeves during Bundesliga and DFB Cup matches.
Continue ReadingBKT puts USA capex on hold
The Board of Directors at off-highway tyre specialist Balkrishna Industries Ltd. (BKT) have temporarily suspended their plans to invest in setting up a factory in the USA. According to the Board, the capex project has been placed in abeyance due to “difficult macroeconomics” and “volatile climate conditions.”
Continue ReadingKumho partners with German football club Bayer 04 Leverkusen
Kumho Tyre is the new Premium Partner for German football club Bayer 04 Leverkusen and, for the annual DFB Cup knockout competition, sleeve partner. The two-year partnership between the tyre maker and football club got underway on Saturday when the Bayer 04 players took to the field in their new kit for the first round of the DFB Cup, a match that saw them defeat Alemannia Achen by four goals to one.
Continue ReadingMicheldever delighted with 5 NTDA Tyre Industry Awards nominations
Micheldever Group says it is “absolutely delighted” that Micheldever Tyre Services/Protyre has been shortlisted for five NTDA Tyre Industry Awards this year. The categories it has been nominated for are:
Continue ReadingEndurance Technologies drops plans to make tyres
Indian automotive components manufacturer Endurance Technologies Limited has informed the National Stock Exchange of India (NSE) that it’s halted plans to set up a tyre manufacturing operation. The decision not to expand into this area was made after investors voiced concerns about the project.
Continue ReadingCD Auction Group to manage the Marshall Leasing’s pool fleet
CD Auction Group has been appointed to manage Marshall Leasing’s requirement for in life vehicle management of their client’s spare vehicles. Marshall Leasing, which is part of Northridge Finance; a subsidiary of Bank of Ireland UK, operates a fleet of over 8,000 vehicles with a net book value of approximately £100m and following a review of its pool fleet management service, it has opted to outsource the process to CD Auction Group.
Continue ReadingToyo Tires setting up European R&D centre
In just a few months’ time, Toyo Tire Corporation will begin research and development work at a new site in Europe. The tyre maker is setting up an R&D centre in Willich, Germany to support its future factory in Serbia, and intends to start operations there in the autumn. Having a local R&D presence in the vicinity of vehicle manufacturers and related companies will, says Toyo, be beneficial in terms of the quality and freshness of the information gained.
Continue ReadingUS lawmakers criticise Goodyear over Mexico factory
A number of US lawmakers have criticized Goodyear Tire & Rubber over its treatment of workers at its San Luis Potosi, Mexico tyre factory in a letter to CEO Richard Kramer. Democratic Representatives Rosa DeLauro, Terri Sewell and Jimmy Gomez signed the letter and complained that their access to the site was limited.
Continue ReadingWinter growth for GT Radial following all-season product introduction
Giti Tire has developed its GT Radial all-season product range, available in the UK from exclusive distributor Micheldever, off the back of an encouraging run of sales for its initial product for this growth market. Tyres & Accessories spoke to Brian McDermott, country manager UK for Giti Tire, to get the latest on how the manufacturer is shaping its range for the segment, which appears to have gained more of a footing in the UK than specialist winter tyres have previously managed.
Continue ReadingTire Pros adds 7 branches in USA
In the USA, Tire Pros, a subsidiary of large wholesale operation American Tire Distributors (ATD), has added seven new branches in California, Alabama, Texas, Nevada, Arizona, and Pennsylvania.
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