Nokian becomes World Orienteering Championships title sponsor
The Nokian Tyres World Orienteering Championships, WOC, will begin on Saturday 20 August in Strömstad, Sweden and last until 27 August. There are over 400 participants from 46 countries. Nokian Tyres, the worlds northernmost tyre manufacturer, is the title sponsor for the championships.
Continue ReadingSupertracker aligner installed in motorsport-focused depot
Hoole Racing and Restoration has taken delivery of one of Supertrackers popular laser wheel aligners, becoming the first motor racing company to use Supertracker equipment at their busy workshop.
Continue ReadingGT Radial promotes SportActive UHP tyre with Evo track day partnership
Giti Tire is currently partnering with performance car magazine Evo for a series of track days. The manufacturer states that this “provides an excellent platform” from which to promote its current flagship ultra-high performance product, the GT Radial SportActive. Five events are held at Bedford Autodrome every year. With three track days completed and two more in the diary, including the popular How Fast? on 22 October with F1-style qualifying timed laps and leaderboard, the partnership is revving up.
Continue ReadingHungary plant – Apollo Tyres anticipates €300M investment by end of fiscal year
Apollo Tyres’ Enschede plant in the Netherlands has a 200 tonne per day capacity and currently operates at more than 90 per cent capacity utilisation, and to supplement output within the region the tyre maker is currently erecting a brand new factory in Hungary. During a conference call last week, Gaurav Kumar, chief financial officer at Apollo Tyres Ltd., confirmed that the company has planned a capital expenditure of €200 million for the project during the current financial year (1 April 2016 to 31 March 2017).
Continue ReadingVipal honours European clients for partnership longevity
Vipal has presented 11 retreaders and distributors with plaques commemorating their history in partnership. The South American manufacturer of tyre repair and retreading products chose to mark decade and half-decade relationships with partners in UK, Spain, Portugal, Italy, Hungary and Turkey.
Continue ReadingMahle Aftermarket receives RetroClassicsCultur award
Mahle has been awarded the 2016 “RetroClassicsCultur” award. Professor Pfeiffer, head of a 20 member jury, presented the company with the award for special services to the preservation of automotive cultural heritage.
Continue Reading‘Revolutionary’ new petrol engine from Infiniti
Infiniti (part of the Nissan group) will present VC-T (Variable Compression-Turbocharged), the worlds first production-ready variable compression ratio engine and one of the most advanced internal combustion engines ever created, on September 29 at the 2016 Paris Motor Show (Mondial de lAutomobile).
Continue ReadingMotaquip to develop parts portfolio ‘aggressively’
Parts supplier Motaquip is pursuing what it calls an “aggressive” development of its diverse product portfolio, as the company seeks growth two years after securing its independence from the PSA Group. The British auto parts and consumables supplier is celebrating 35 years of trading in 2016. It has a customer base of 175 independent motor factors – all members of the Motaquip Distributor Network. It supplies braking, filtration, steering and suspension, lubricants, engine components, transmission products, electrical and consumables.
Continue ReadingHankook reports higher sales, profits in Q2 2016
Both sales and operating profit were up year-on-year at Hankook Tire in the second quarter of 2016. The tyre maker comments that sales growth was driven by higher sales of UHP tyres in Europe and North America and higher original equipment sales outside of the company’s South Korean home market.
Continue ReadingCommercial dandelion production the goal of new Continental lab
A new research facility for industrialising the cultivation and processing of rubber harvested from Russian dandelions will be set up in Germany as part of Continental’s plan to bring tyres containing this rubber to market under the ‘Taraxagum’ brand name. On 12 August, the company presented plans to establish such a facility in Anklam, near the Baltic Sea island of Usedom. Continental will operate the Taraxagum Lab Anklam in collaboration with the IME Fraunhofer Institute, Julius Kühn Institute, Quedlinburg, and plant breeding specialist firm Eskusa GmbH.
Continue ReadingPirelli opens first P Zero World outlet
How do you reach the “most discerning” consumers within a market and become the “undisputed leader” in premium-tier products and services for this group? For Pirelli, the answer is to offer an entire “brand experience,” and the tyre maker is now putting this concept to the test in North America with the opening of its first P Zero World retail outlet.
Continue ReadingMichelin patent infringement suit settled
Michelin North America shares that it has “reached favourable settlement agreements” with Atturo Tire Corporation and Svizz-One Corporation Ltd., regarding the patent infringement suit it filed in the US District Court in Greenville, South Carolina on 13 May. The specific terms of the settlement are confidential.
Continue ReadingOlympic Channel – Bridgestone named first Founding Partner
Bridgestone has become the first Founding Partner of a new digital platform dedicated to the Olympic Movement. The tyre maker signed a collaborative agreement with the International Olympic Committee (IOC) yesterday to confirm its support of the Olympic Channel, a platform that gives fans the opportunity to experience the power of sport and the Olympic Movement all year round. The Olympic Channel will launch worldwide on Sunday 21 August following the closing ceremony of the Olympic Games Rio 2016. Bridgestone has committed to this partnership for a four-year period.
Continue ReadingMRF sales steady, income up 2.3%
India’s MRF Ltd. has reported stable sales for the three months to 30 June 2016. Net income during the quarter amounted to Rs 34.82 billion (£402.22 million), up from Rs 34.77 a year earlier. Standalone net profit rose 2.3 per cent to Rs 4.91 billion (£56.72 million).
Continue ReadingStrong Q2 result lifts Delticom’s bottom line for H1 2016
Online tyre retailer Delticom has profited from the same cold weather that held sales back earlier in the year, at least to an extent. Reporting on its financial performance in the second quarter of 2016, the company noted that low temperatures prompted European motorists to delay fitting summer tyres to their vehicles until after Easter, and while the delayed switch to summer tyres helped boost Q2 2016 sales by 22.0 per cent year-on-year to €169.3 million, the company suggests that dealers sold almost five per cent fewer replacement car tyres to consumers during the first half of the year. Sales for the first six months of 2016 were up 9.9 per cent to €275.1 million.
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