Univergomma acquires Overgom
Univergomma recently completed the acquisition of 100 per cent of Overgom’s shares. Overgom, founded in 1977 by Arenzo Girardi as a regional wholesaler, has grown over the years to become a leading tyre distributor in Italy and abroad.
Continue ReadingLinglong Tire main sponsor for China’s Expo 2020 pavilion
Linglong Tire will serve as the main sponsor to the China Pavilion at Expo 2020 Dubai. The tyre maker was awarded this status at a ceremony held yesterday in Beijing to mark the launch of China’s Expo engagement.
Continue ReadingContinental plant reaches ContiSeal milestone
As of this month, 15 million tyres featuring ContiSeal self-sealing technology have been produced at the Continental factory in Lousado, Portugal. The 15 millionth tyre, a size 255/45 R 19 ContiSportContact 5 SUV destined for original equipment fitment on a Volkswagen, was produced on 23 July and gave cause for a minor celebration at the plant.
Continue ReadingHella receives innovation award for dual voltage battery management system
Lighting and electronics expert, Hella, received the AutomotiveINNOVATIONS Award 2019 in the Powertrain category; a joint award given by the Centre of Automotive Management (CAM) and the auditing and consulting firm PwC.
Continue ReadingToyo investing 390 million euros in Serbia tyre factory
Toyo Tire Corporation has announced that it is investing 390.5 million euros in the construction of a new tyre manufacturing facility in Indijia City, Republic of Serbia. Construction of the Serbia plant will start in May 2020, with a view to initiating tyre manufacturing operations in January 2022.
Continue ReadingMichelin renews, expands its work with WWF France
The 2015-initiated collaboration between the Michelin Group and the French office of the World Wide Fund for Nature has been renewed for a further four years. The tyre maker will continue working with WWF France towards sustainability within the natural rubber market. In the coming four years, the partnership will further develop an existing pilot project in Indonesia and additionally open up the collaboration to include sustainable mobility and the protection of biodiversity.
Continue ReadingTop racing talent attends TerraClean karting event
TerraClean ambassador and triple BTCC champion Colin Turkington, together with Renault UK Clio Cup driver Ben Colburn, impressed the TerraClean network recently by attending – and taking part in – the TerraClean Karting Event 2019.
Continue ReadingFormer World Rally Championship tyre supplier in administration
Carlisle-based tyre sales operation Technology Sinon UK Limited, the name of D Mack Global Limited since 19 December 2018, has entered administration with debts totalling more than £14 million pounds, according to its administrator Leonard Curtis. The company, which operated within the DMACK group of companies, was a supplier of tyres to the World Rally Championship from 2011, running its own team in the championship in association with M-Sport, until 2017. Shares in Technology Sinon UK are split between director Dick Cormack (70 per cent), a former Pirelli manager who set up the business in 2011, MEMW Management Limited (25 per cent), and Glenn Paterson (5 per cent), who has left the company after holding a variety of roles within the firm. The administrator reports that, as of 14 May, Technology Sinon UK owed just over £13 million to its list of creditors. Dmack brand rally tyres continue to be manufactured by DMack Srl, formed by Dick Cormack in 2018 when a deal was struck with Marangoni for operations to begin at the Italian tyre manufacturer’s plant in Rovereto.
Continue ReadingGoodyear: Drop in OE demand muzzles H1 2019 performance
There’s little good news to be found in the latest financial results from Goodyear Tire & Rubber. Sales and unit volumes were lower in the first half of this year, respectively dropping 5.7 per cent to US$7.2 billion and 3.3 per cent to 75.4 million units. The tyre maker also reported a net loss of US$7 million for the six months to 30 June 2019, a contrast to the net income of $232 million announced a year earlier; this result includes several significant items, most notably $107 million in rationalisation charges that are primarily related to modernisation plans and layoffs at two tyre plants in Germany.
Continue ReadingService & repair comparison site AutoAdvisor.co.uk sets out vision
Founders of new car repair comparison site AutoAdvisor.co.uk have outlined their vision for a modern automotive aftermarket and called on other sites to be more transparent about their practices. AutoAdvisor.co.uk has been set up by motor factor personnel, supplying garages on a daily basis for more than 30 years.
Continue ReadingPartslife environmental award for ZF Aftermarket’s TRW brake pads
ZF Aftermarket has been awarded the Partslife environmental award for its use of Powder Adhesive Technology in the production of its TRW branded brake pads. The pads are now manufactured without organic solvents as a result of this technology. The award aims to promote innovative and exemplary measures for environmental protection, and to encourage employees of other companies to imitate them.
Continue ReadingInvestors in People awards CAM Gold accreditation
CAM has been awarded Gold accreditation by Investors in People (IIP). The award indicates that CAM is in the top 16 per cent of accredited organisations across the UK, demonstrating commitment to excellent customer service delivery. The assessors recognised the people and process investment CAM has made over the past two years, as well as the hard work the whole company has put in to continually improving its customer service and support business culture.
Continue ReadingMichelin – European tyre volumes down in H1 2019
Weaker demand from vehicle manufacturers put the brakes on Michelin’s business in Europe in the first half of 2019. The company attributes the slackening of original equipment demand to a number of factors.
Continue ReadingGiti Tire a Berlin Marathon Main Sponsor
Giti Tire is limbering up for “a sporty and enduring appearance” on 29 September as an official Main Sponsor of the BMW Berlin Marathon. The tyre maker is one of three Main Sponsors for this year’s event.
Continue ReadingTyreSafe award for Michelin Tyre Pressure Monitoring System (TPMS) – Bike
The Michelin Tyre Pressure Monitoring System (TPMS) – Bike has been crowned the winner of the Innovation & Use of Technology Award at The TyreSafe Awards ceremony. Designed by Global Michelin licensee Fit2Go TPMS, the product was launched onto the European market in January 2019 – introducing new levels of safety for riders, for whom tyre condition is critical.
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