![Bridgestone Battlax Adventure A41 OE on BMW R1200GS, 1200GS Adventure](https://www.tyrepress.com/wp-content/uploads/2018/04/bstone-battlax-bmw-oe.jpg)
Bridgestone Battlax Adventure A41 OE on BMW R1200GS, 1200GS Adventure
Bridgestone’s new Battlax Adventure A41 will be fitted as original equipment on the iconic BMW R1200GS and BMW R1200GS Adventure motorcycles.
Continue Reading![Michelin announces further Movin’On speakers](https://www.tyrepress.com/wp-content/uploads/2018/04/movinon.jpg)
Michelin announces further Movin’On speakers
A new wave of speakers has been announced for this year’s Movin’On summit. Michelin shares that the following speakers will address attendees in Montréal between 30 May and 1 June.
Continue Reading![Clearlake Capital acquires Wheel Pros](https://www.tyrepress.com/wp-content/uploads/2018/04/whele-pros.jpg)
Clearlake Capital acquires Wheel Pros
Aftermarket wheel designer, marketer and distributor Wheel Pros has a new owner. The US-based company, previously the property of Audax Private Equity, has been sold to Clearlake Capital Group for an undisclosed sum. With its acquisition of Wheel Pros Holdings, LLC, Clearlake Capital Group takes on a company that serves over 10,000 retailers through its network of 33 distribution centres in North America and Australia, supplying them a portfolio of 12 proprietary brands and more than 300 custom wheel styles.
Continue ReadingGoodyear declares dividend on common stock
Directors of The Goodyear Tire & Rubber Company have declared a quarterly dividend of US$0.14 per share of common stock. The dividend is payable 1 June 2018 to shareholders of record on 1 May 2018. The payout represents an annual rate of $0.56 per share.
Continue Reading![Tenneco acquires Federal-Mogul](https://www.tyrepress.com/wp-content/uploads/2018/04/tenneco-fm.jpg)
Tenneco acquires Federal-Mogul
Automotive parts manufacturer Federal-Mogul is changing hands for US$5.4 billion. The new owner is vehicle ride performance and clean air products manufacturer Tenneco Inc., which yesterday signed a definitive agreement to acquire the business from Icahn Enterprises L.P. The acquisition is to be funded through cash, Tenneco equity and assumption of debt and is expected to close in the second half of 2018, subject to regulatory and shareholder approvals and other customary closing conditions.
Continue ReadingMichelin updates Fenner acquisition financing arrangements
On 19 March 2018, Michelin announced it had reached an agreement on the terms of its acquisition of Fenner plc, specifically a recommended cash acquisition of Fenner’s entire issued and to be issued share capital. The plan is for the acquisition to be implemented by means of a court-sanctioned scheme of arrangement.
Continue ReadingGoodyear holds annual meeting, re-elects directors
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 annual shareholder meeting yesterday. In addition, shareholders voted in favour of an advisory resolution approving the compensation of its named executive officers and voted to ratify the appointment of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for 2018.
Continue Reading![Landsail Tyres launches Speed Of Sight charity partnership](https://www.tyrepress.com/wp-content/uploads/2018/04/mike-newman-speed-of-sight.jpg)
Landsail Tyres launches Speed Of Sight charity partnership
Driving charity Speed Of Sight and Landsail Tyres have launched a new partnership for 2018. The Manchester-based organisation uses specially adapted high-performance cars to offer track day experiences for individuals with disabilities, including the blind and partially sighted. Landsail will support SOS in fundraising efforts and at awareness events.
Continue Reading![Trico welcomes two new recruits](https://www.tyrepress.com/wp-content/uploads/2018/04/TRICO-BEN.jpg)
Trico welcomes two new recruits
Trico has announced the appointment of Ben Callard as project introduction engineer and Leah Eversley-Boyd to the role of credit controller and finance analytics.
Continue ReadingMotor manufacturers urged to ‘get houses in order’ to capitalise on electric vehicle interest
Motor manufacturers are being urged to ‘get their houses in order’ and learn from past mistakes if they are to capitalise on the anticipated surge of electric vehicle (EV) sales.
Continue ReadingSolvay cutting 600 jobs
Solvay will cut 600 jobs as part of a broad restructuring program aimed at simplifying the organization. On 29 March the firm announced that job cuts related to the restructuring include 160 redundancies in France, 90 in Portugal and 80 in Brazil.
Continue Reading![Absolute Alignment increases visibility with BTCC, British GT team support](https://www.tyrepress.com/wp-content/uploads/2018/04/Audi-TT.jpg)
Absolute Alignment increases visibility with BTCC, British GT team support
Garage equipment distributor Absolute Alignment has announced two partnerships with UK race teams in the Dunlop MSA British Touring Car Championship (BTCC) and British GT Championship. The company has become an Official Technical Partner to Power Maxed Racing in the BTCC, and will support Academy Motorsport’s Aston Martin V8 Vantage GT4 entries in British GT. The company supplies wheel alignment equipment to workshops of all sizes. Company director Chris Dear has been in the motor trade since 1996 and has commensurate in-depth product knowledge.
Continue Reading![Pro-Align’s Kathryn Beaurain recognised for IMI Skill Auto support with award](https://www.tyrepress.com/wp-content/uploads/2018/04/KB-IMI-award-win-1-HR.jpg)
Pro-Align’s Kathryn Beaurain recognised for IMI Skill Auto support with award
Kathryn Beaurain, marketing director of wheel servicing equipment specialist Pro-Align, has been recognised by the Institute of the Motor Industry (IMI) for her ongoing support of the IMI Skill Auto competitions. Receiving one of five awards presented at the IMI’s Annual Dinner, Kathryn received the award for her Contribution to the Work of the IMI, having supported the industry’s Skill Auto competitions for the last six years.
Continue Reading![Baseball sponsorship: Westlake pairs up with San Diego Padres](https://www.tyrepress.com/wp-content/uploads/2018/04/westlake-baseball.jpg)
Baseball sponsorship: Westlake pairs up with San Diego Padres
Westlake tyre has struck a sponsorship deal with Major League Baseballs San Diego Padres for the 2018 and 2019 seasons together with its US distributor, Tireco Inc. The sponsorship includes a signage package, on-site activation and hospitality opportunities for dealers and VIPs, aiming to improve the brand image and brand influence in the local market.
Continue Reading![Linglong Tire signs carbon black agreement with Aditya Birla Group](https://www.tyrepress.com/wp-content/uploads/2018/04/linglong-birla.png)
Linglong Tire signs carbon black agreement with Aditya Birla Group
India’s Aditya Birla Group is now Linglong Tire’s carbon black supplier. The Chinese tyre maker reports the signing of agreement with Aditya Birla subsidiary Thai Carbon Black Public Co. Ltd. on 4 April at a ceremony attended by Wang Feng, president of Linglong Tire, Sanjeev Sood, president of Thai Carbon Black Public, and Amit Saini, the Birla Group company’s vice-president of sales and marketing.
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