60 new Apollo Vredestein specialists in the UK by next year
At present there are 220 Apollo Vredestein tyre specialists in the UK, and Apollo Vredestein says this number will increase by almost 30 per cent by next year, with 280 centres expected to be operating. This growth in the UK network is occurring as part a wider push to expand the network in Europe.
Continue ReadingMichelin Group invests in Chinese valet parking service e Dai Bo
Through its Incubator program, and to reinforce its service and growth strategy in the region, Michelin has invested in e Dai Bo, a Chinese start-up that provides valet parking services via a digital platform throughout China.
Continue Reading![Artificial intelligence at the heart of Bridgestone tyre making system](https://www.tyrepress.com/wp-content/uploads/2016/06/examation.jpg)
Artificial intelligence at the heart of Bridgestone tyre making system
A new method of assembling tyres that promises to improve quality and productivity while eliminating the risk of human error has been introduced within a Bridgestone Corporation plant in Japan. The tyre maker has announced the installation of the new Examation system at its flagship Hikone passenger car tyre production site. But what is Examation?
Continue ReadingOrion Engineered Carbons to close French carbon black factory
On 3 June Orion Engineered Carbons S.A., the carbon black manufacturer, said the management of its company in France (Orion Engineered Carbons SAS) had begun consultations with the Works Council at its Ambes, France facility in order to implement a restructuring and “down staffing” with “a potential cessation of production at the site by the end of 2016”. The French Orion plant employs approximately 40 people.
Continue Reading![Point S to have 350 North American outlets by year’s end](https://www.tyrepress.com/wp-content/uploads/2016/06/Point-S-in-North-America.jpg)
Point S to have 350 North American outlets by year’s end
It’s been a year since Point S extended its North American network, and at Point S Canada’s first annual congress, which took place in Quebec at the start of this month, the company reported on its progress towards the goal of becoming the third-largest independent tyre dealer network in America by 2020.
Continue Reading![Rosava reports increased European interest at Reifen](https://www.tyrepress.com/wp-content/uploads/2016/06/rosava.jpg)
Rosava reports increased European interest at Reifen
According to Pavel Puskov, the company’s deputy commercial director of sales, visitor activity was so great that the team at PSJV Rosava wasn’t left with a minute to spare during Reifen 2016. “It should be noted that the stand of our company had very good attendance, as compared to the other participants,” he comments.
Continue ReadingTitan International announces Q2 2016 cash dividend
The Board of Directors of Titan International, Inc. has approved a quarterly cash dividend of US$.005 (one half cent) per common share for the second quarter of 2016. The cash dividend is payable Friday 15 July 2016 to stockholders of record on Thursday 30 June 2016.
Continue Reading![Apollo Tyres opens Malaysian office](https://www.tyrepress.com/wp-content/uploads/2016/06/malaysia-sml.jpg)
Apollo Tyres opens Malaysian office
Apollo Tyres Ltd has inaugurated a new office in the ASEAN region’s third largest automotive market. Satish Sharma, president of the tyre maker’s Asia Pacific, Middle East & Africa (APMEA region), inaugurated the companys Malaysian office in the presence of select business partners and company officials.
Continue Reading![Yourtyres.co.uk hails positive response at Reifen](https://www.tyrepress.com/wp-content/uploads/2016/06/Delticom-REIFEN-Messe-2.jpg)
Yourtyres.co.uk hails positive response at Reifen
Delticom, the German-based online tyre retail and wholesale firm, presented its entire range of B2B Services during Reifen in Essen. According to company representatives, which market themselves as yourtyres.co.uk over here, the trade fair appearance proved extremely positive, resulting in “hundreds of interesting and constructive discussions with international clients and media representatives.”
Continue Reading![HPTC opening brings Industry 4.0 to Continental’s tyre production](https://www.tyrepress.com/wp-content/uploads/2016/06/HPTC-sml.jpg)
HPTC opening brings Industry 4.0 to Continental’s tyre production
Back when Continental’s facility in Korbach, Germany celebrated its centenary in 2007, most people assumed the site’s best days were already behind it. At the time, the company aimed to relocate a greater proportion of its production to lower cost countries, and the onset of the financial crisis a year or so later did nothing to increase the attractiveness of locations such as Korbach. Therefore it came as a surprise when Continental announced a €45 million investment to set up a “factory within a factory” at the Korbach plant. On 7 June this facility, the High Performance Technology Center (HPTC), entered operation.
Continue Reading![Falken supplies tyres for Seat’s first SUV](https://www.tyrepress.com/wp-content/uploads/2016/06/falken-seatsuvoe-e1465486662296.jpg)
Falken supplies tyres for Seat’s first SUV
Falken Tyre Europe has been made the original equipment tyre supplier to Seat’s first SUV, the Ateca. The Sumitomo Rubber Industries brand will roll off the production line fitted with the Falken Azenis FK453CC and Ziex ZE914A tyres. Falken will deliver FK453CC tyres in size 215/50R18 92W and the ZE914A tyre in size 225/55R17 97V.
Continue ReadingSafanad buys Rimstock
Safanad, the investment firm, has acquired a controlling interest in the UK’s largest alloy wheel manufacturer, Rimstock Plc. Rimstock, which recently celebrated its 30th year in manufacturing, employs over 230 people at its facilities in the West Midlands, England and produces both aftermarket and OE wheels. According to the companies, the business will remain headquartered in West Bromwich, United Kingdom.
Continue ReadingTyre makers show interest in buying Kumho Tire stake
Germany’s Continental AG is said to be discussing the potential acquisition of Kumho Tire, and is just one of several tyre makers apparently interested in purchasing the company. News of this development comes at a time when Kumho Asiana Group chairman Park Sam-Koo’s efforts to regain control of Kumho Tire have run into difficulties.
Continue ReadingSeptember opening for Voith wheel & tyre assembly plant
According to an announcement made by Voith Industrial Services at Automechanika Birmingham, the company’s new wheel and tyre assembly plant in Coventry will open this September. The facility in Torrington Avenue is located only a few hundred yards away from the plant it will replace, and is being set up to meet growing demand from premium and luxury car brands, such as Jaguar and Land Rover, as well as from other automotive manufacturers, including Vauxhall.
Continue Reading![UK automotive suppliers investing £225 million over the next three years](https://www.tyrepress.com/wp-content/uploads/2016/06/smmt-mig.jpg)
UK automotive suppliers investing £225 million over the next three years
The SMMT’s Automotive supply chain members are planning to invest £225 million over the next three years in a bit to boost the British content of vehicles built in the UK. In a new survey of more than 100 SMMT supply chain member companies, 94 per cent said they plan to invest in their businesses over the next three years – at a total of £224,485,000. Of those, four in five (79%) intend to invest in plant, machinery or tooling; three quarters (73%) in skills and apprentices; and two thirds (66%) in new product development.
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