TGI celebrates 25 years of tyre wholesaling
It’s a silver jubilee year for Tire Group International. The US-based tyre wholesaler was set up by Antonio Gonzalez and Agustin Herran in 1992; TGI says the co-founders set out with a vision to build long term relationships though dedicated people and quality tyres. “Over the course of the last 25 years, TGI made that vision a reality and has developed one of the most diverse and far reaching distribution networks in the wholesale tyre business,” comments the wholesaler.
Continue ReadingSales of €40.5 billion, record tyre volumes – Continental announces 2016 results
Continental AG reports achieving annual sales of €40.55 billion in 2016, a year-on-year increase of 3.6 per cent. Adjusted EBIT amounted to €4.34 billion, 0.6 per cent lower than a year earlier, while the adjusted EBIT margin was also slightly down, at 10.8 per cent. Profit after tax rose 2.6 per cent to €2.80 billion; earnings per share were €14.01.
Continue ReadingBridgestone a Clarivate Analytics Global Innovator
Clarivate Analytics has selected Bridgestone Corporation as one of it 2016 Top 100 Global Innovators. This is the second consecutive year that Bridgestone has been selected.
Continue ReadingZ Tyre offers flat rate subscription service at 2.25 euros/month after ‘busy debut year’
The Z Tyre flat rate subscription scheme for car tyres was an eye-catching innovation when it launched in early 2016, and after what it describes as a “busy debut year” the company has expanded its availability and reduced the entry-level monthly rate.
Continue ReadingAiming for the top 10: Sailun developing five-year plan to climb global rankings
At the beginning of November Sailun Jinyu International (SJI) appointed Gareth Passmore as its president for Europe. He replaced Martin West, who has been appointed global president of the SJI Speciality Tire Group. Passmore, who started on 1 December 2016, is now responsible for all operations throughout Europe across all of the Sailun Jinyu Group brand portfolio – Sailun, Jinyu, Black Lion and Rovelo. Passmore brings with him over 25 years of tyre industry experience, including time with Continental, Apollo (in South Africa) and latterly with Sumitomo Rubber Industries where he headed up the Falken brand’s European export operations. During a recent brand and winter tyre product demonstration event in Sweden, Tyres & Accessories caught up with Passmore and at the same time we were introduced to Sailun’s ambitious goal of becoming a top 10 tyre manufacturer in the years to come.
Continue ReadingKlarius achieves ISO 9001:2015 accreditation
The UK’s largest manufacturer of aftermarket emissions components, Klarius Products, has become one of the first businesses in the UK to achieve ISO 9001:2015 certification for its quality systems. The new standard replaces ISO 9001:2008 as of September 2018, with companies required to attain the new standard before this date to ensure compliancy.
Continue ReadingServicesure launch Slicker waste management solution
Servicesure Autocentres, The Parts Alliance garage programme, has announced a new partnership with Slicker Recycling aimed at streamlining waste collection for its garage members. Slicker Recycling will offer the growing national network a simple ‘one call’ solution. Once contacted, they respond by arriving almost anywhere in the UK to collect and process business waste.
Continue ReadingGiti Tire will unveil 20 Giti commercial vehicle tyres at CV Show 2017
Giti Tire will unveil the first phase of its Giti branded truck and bus portfolio at the CV Show 2017. In total 20 patterns will make their European debut. The introduction of the Giti brand to European commercial vehicle markets was announced at Reifen 2016 last May. The manufacturer will present the products between 25 and 27 April on stand 4G20 at the Birmingham NEC.
Continue ReadingKumho Tire: Can Park afford to match Qingdao Doublestar bid?
Although Park Sam-koo is said to have arranged sufficient funds to buy back a share in Kumho Tire from its creditors, some still doubt the transaction will go ahead. The Investor, the online business news service run by The Korea Herald, comments that many observers question whether Park will be able to pay the KRW 100 billion (£70.5 million) down payment for the deal.
Continue ReadingNew tyres & Chelsea F.C. connection -Yokohama at the Geneva show
The 2017 Geneva International Motor Show begins next week, and Yokohama Rubber says it will unveil the latest additions to its passenger car range at a press conference on 7 March. A number of other new products will also be on display at the Yokohama booth (Hall 4, no. 4231).
Continue ReadingContinental a Superbrand for third year in 2017
Continental Tyres has been awarded Consumer Superbrands status for 2017. This follows the release of the latest results of the long-running annual survey, which has been identifying the UK’s leading brands since 1995. The process, managed by The Centre for Brand Analysis (TCBA), questioned 2,500 British adults who assessed just over 1,500 brands. Consumers judged the brands on three key criteria: quality, reliability and distinction.
Continue ReadingFederal-Mogul Motorparts launches 2017 European graduate recruitment drive
Federal-Mogul Motorparts has expanded its European Graduate Program, providing top graduates with the chance to develop careers in multiple sectors. Ten positions are available, spanning six countries and covering specialties in business areas from engineering and research and development, to logistics and finance.
Continue ReadingApollo Vredestein to increase prices
Prices for Apollo and Vredestein brand tyres are going up, but not yet. Apollo Vredestein has announced its intention to increase prices by up to eight per cent on 1 May 2017. Exact increases for each product will depend upon structural and exchange rate variations, and the changes will affect the passenger car, light truck, agricultural and industrial tyre segments. The company considers the price increase to be “in line” with the rising cost of raw materials it has experienced in all markets.
Continue Reading‘Better than natural rubber’: Bridgestone creates new IR
The promise is of not only a better-performing synthetic rubber, but also a sustainable one. Bridgestone Corporation has announced its successful creation of a new synthetic isoprene rubber (IR), something it achieved through precise molecular structure control utilising a new polymerisation catalyst. The company believes the new IR can deliver durability and fuel-efficiency performance surpassing that of natural rubber, and as it can be created using isoprene derived from renewable biomass, it offers the potential to be a sustainable material. Bridgestone aims to achieve the practical application of IR during the 2020s.
Continue ReadingTechnotrac: Hankook Tire opens own winter test facility in Finland
With a decisive snip, more than a year’s work was officially complete. Four representatives from Hankook Tire’s global and European operations, suitably rugged up for the occasion, were on hand to open a facility that extends the tyre maker’s aim of self-contained development and manufacture of tyres for European markets. The inauguration of the ‘Technotrac’ facility gives Hankook Tire a permanent home alongside one of the world’s best-known winter test grounds, something that Ho-Youl Pae is very proud of.
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