![Continental a Mercedes-Benz preferred partner in Asia Pacific](https://www.tyrepress.com/wp-content/uploads/2023/10/continental-pp-partnermb_2-sml.jpg)
Continental a Mercedes-Benz preferred partner in Asia Pacific
Mercedes-Benz has awarded Continental preferred tyre partner status in China, Australia, Malaysia, and Indonesia. This takes effect immediately and is valid until August 2025. Furthermore, Mercedes-Benz has extended its existing partnership with Continental in the Indian market until August 2024.
Continue Reading![Michelin investing to reduce water consumption](https://www.tyrepress.com/wp-content/uploads/2023/10/Michelin-Gravanches.png)
Michelin investing to reduce water consumption
An investment of three million euros will enable the Michelin tyre plant in Gravanches, France to reduce its water extraction by 60 per cent. The company will erect an adiabatic tower that keeps water in a closed circuit, saving around 10,000 cubic metres of water a year – the equivalent of four Olympic-sized pools.
Continue Reading![Gulf Lubricants an approved A1 Motor Stores oil supplier](https://www.tyrepress.com/wp-content/uploads/2023/10/Redditch-Truck-Unload-sml.jpg)
Gulf Lubricants an approved A1 Motor Stores oil supplier
Gulf Lubricants has announced that its full product range, which is distributed in the UK and Ireland through Rossmore Lubricants and fulfilled by sector partner Marathon Warehouse Distribution, will now be available to A1 Motor Stores members.
Continue Reading![Uncertain future for 3 Michelin plants in Germany](https://www.tyrepress.com/wp-content/uploads/2023/10/Michelin-Homburg.jpg)
Uncertain future for 3 Michelin plants in Germany
According to information from our sister publication in Germany that has since been confirmed by Michelin, yesterday the tyre maker informed employees that it has initiated talks with the works councils and employee unions at its sites in Karlsruhe, Trier and Homburg. Whether Michelin intends to streamline its operations at these locations or close them entirely is not yet known.
Continue Reading![New signage ‘icing on the cake’ for Point S fleet programme](https://www.tyrepress.com/wp-content/uploads/2023/10/Point-S-Tony-Valentine-sml.jpg)
New signage ‘icing on the cake’ for Point S fleet programme
Point S Tyre & Autocare has unveiled new fleet signage for its UK members that reflects the “significant progress” made by the independent tyre dealer and car maintenance network’s fleet programme over the last 14 months. Truck Tyre Solutions in Oldbury is the first Point S member to implement the signage onto its point of sale, leading a long list of members “showing strong interest in representing the network’s exclusive fleet solution.”
Continue Reading![East & West – Bridgestone restructuring global management](https://www.tyrepress.com/wp-content/uploads/2023/10/Bridgestone-placeholder2-sml-scaled.jpg)
East & West – Bridgestone restructuring global management
The Board of Directors of Bridgestone Corporation today approved a resolution to implement a new global management structure. This structure will take effect on 1 January 2024 and divide Bridgestone’s business into two regions, Bridgestone East and Bridgestone West. Each region will have its own Chief Executive Officer who will report to Global Chief Executive Officer, Shu Ishibashi.
Continue Reading![Sailun Group a Nokian Tyres offtake partner](https://www.tyrepress.com/wp-content/uploads/2023/10/Seasonproof-with-DOT.jpg)
Sailun Group a Nokian Tyres offtake partner
Nokian Tyres has unveiled a new all-season tyre for European markets and launch images of the Seasonproof 1 don’t only provide a view of what the tyre looks like – the DOT code on the sidewall tells us where Nokian Tyres Seasonproof 1 is made, and who the manufacturer is. What we can see from the 205/55 R16 and 235/60 R18 tyres in publicity photos is that both were produced by Sailun Group in Qingdao, China.
Continue Reading![Easyrain partners with Marelli on wheel safety technology](https://www.tyrepress.com/wp-content/uploads/2023/10/Easyrain.jpg)
Easyrain partners with Marelli on wheel safety technology
Easyrain is partnering with Marelli to industrialize Easyrain technologies. That means AIS (Aquaplaning Intelligent Solution), which restores vehicle traction on wet roads, including aquaplaning conditions, and DAI (Digital Aquaplaning Information), a platform of virtual sensors for detecting road conditions and calibrating ADAS. Specifically, that means launching AIS and DAI on the market, scheduled for late 2025 and mid-2027 respectively.
Continue Reading![Ceat lifts profits in Q2 FY23-24](https://www.tyrepress.com/wp-content/uploads/2020/10/tlo_biz83a-scaled-e1602237521703.jpg)
Ceat lifts profits in Q2 FY23-24
Ceat Limited has reported consolidated revenue of Rs 30.53 billion (£301.1 million, US$366.8 million) for the three months ending on 30 September 2023, the second quarter of its 2023-24 financial year. This result reflects a 5.5% year-on-year rise in revenue. The Q2 FY23-24 EBITDA margin was 15.1%, up 202 bps on the prior quarter and 808 bps year-on-year. Net profit amounted to Rs 2.08 billion (£20.5 million, $25.0 million), an amount 44.2% higher than the prior quarter and an eye-watering 3125.5% increase year-on-year.
Continue Reading![Borgo steps down as Yokohama Europe CEO amidst wider leadership reshuffle](https://www.tyrepress.com/wp-content/uploads/2023/08/IMG_9575-scaled-e1692017612257.jpg)
Borgo steps down as Yokohama Europe CEO amidst wider leadership reshuffle
Gregorio Borgo has stepped down as chief executive officer (CEO) of Yokohama Europe GmbH. Effective 15 October 2023, Giovanni Angelo Ponzoni has been appointed as the new CEO. However, Borgo, who was both president and CEO of Yokohama Europe GmbH until the announcement, will “remain within the Yokohama family as consultant and acting president as of 1 January 2024”. Yokohama also announced the departure of Aleksandar Gramatikov, executive vice-president sales, marketing and supply chain of Yokohama Europe GmbH.
Continue Reading![Continental Timisoara plant celebrates double milestone](https://www.tyrepress.com/wp-content/uploads/2023/10/continental_pp_timisoara-sml.jpg)
Continental Timisoara plant celebrates double milestone
Hats off to the team at the Continental tyre plant in Timisoara, Romania, who have produced 300 million tyres. The Timisoara plant recently celebrated both its silver anniversary and this impressive production milestone.
Continue Reading![Tyre Equipment Direct offering 10% discount at new e-commerce site](https://www.tyrepress.com/wp-content/uploads/2023/10/TED-sml.jpg)
Tyre Equipment Direct offering 10% discount at new e-commerce site
To celebrate the launch of the new www.tyreequipmentdirect.com e-commerce site, Tyre Equipment Direct is offering all workshop owners and operators ten per cent off of the first order they make online. This discount is available for everything listed on the website, including all types of garage equipment, and can be obtained simply by entering enter the promotional code ‘TYRESANDACCESSORIES10’ at checkout.
Continue Reading![SBTi validation for Goodyear targets](https://www.tyrepress.com/wp-content/uploads/2023/10/Goodyear90-sml.jpg)
SBTi validation for Goodyear targets
The Science Based Targets initiative (SBTi) has validated Goodyear’s near-term and net-zero greenhouse gas (GHG) reduction targets. SBTi evaluated the tyre maker’s Scope 1 and Scope 2 near-term target ambition and determined this to be “in line with a trajectory of limiting warming to 1.5°C above pre-industrial levels.” The SBTi team also evaluated the Scope 1, 2 and 3 long-term target ambition and considers this aligned with its 1.5°C mitigation pathways for reaching net-zero greenhouse gas emissions by 2050.
Continue Reading![Bridgestone: No tyre supply ‘this time’ but F1 open to our tech & sustainability](https://www.tyrepress.com/wp-content/uploads/2023/10/Bridgestone-placeholder-sml.jpg)
Bridgestone: No tyre supply ‘this time’ but F1 open to our tech & sustainability
Formula One is sticking with Pirelli as tyre supplier for the 2025 to 2027 seasons, but Bridgestone comments that both the Federation Internationale de lAutomobile (FIA) and Formula One Group (FOG) responded favourably to its proposed “advanced innovative technology and sustainability initiatives.” Furthermore, the Japanese manufacturer doesn’t rule out throwing its hat into the F1 ring at a later date.
Continue Reading![Sumitomo Rubber turns to Rubberway](https://www.tyrepress.com/wp-content/uploads/2023/10/rubberway1.png)
Sumitomo Rubber turns to Rubberway
Falken tyre brand manufacturer Sumitomo Rubber Industries (SRI) has a new means of verifying supply chain transparency for the natural rubber it utilises. Its procurement company Sumitomo Rubber Singapore Pte. Ltd. been using the Rubberway solution since July 2023, and SRI emphasises that “being part of this industry initiative will accelerate sustainable procurement of natural rubber.”
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