![Honda targets fuel economy world record](https://www.tyrepress.com/wp-content/uploads/2015/05/honda-record.jpg)
Honda targets fuel economy world record
Honda will put the real-world fuel economy of its super-efficient 1.6 i-DTEC engine to the ultimate test in an 8,500 mile drive across all 24 contiguous EU countries, with the aim of setting a new Guinness World Records title for fuel efficiency. On Monday 1st June 2015, two members of Hondas European Research & Development (R&D) team will climb into a Honda Civic Tourer and set out on an epic journey from Aalst, Belgium. Heading towards the Netherlands and Germany, their trip will see them navigate the Continent in a clockwise direction, with the aim of returning to their starting point some 25 days later, on June 25th, having covered a planned total of 13,614km.
Continue Reading![SRI takes a break from growth in Q1 2015](https://www.tyrepress.com/wp-content/uploads/2015/05/SRI-Q1_tb-800x559.jpg)
SRI takes a break from growth in Q1 2015
Sumitomo Rubber Industries’ new financial year got off to a sluggish start, with sales declining 2.9 per cent year-on-year in the January-March period to 185.2 billion yen (£976.3 million). Ordinary income went down 34.6 per cent to 12.0 billion yen (£63.3 million) and gave a margin of 6.5 per cent, compared with 9.4 per cent a year earlier. Net profit fell 29.4 per cent to 7.7 billion yen (£40.6 million).
Continue ReadingTurnover down, profits up at JK Tyre & Industries
While JK Tyre & Industries was unable to maintain turnover in the previous financial year, profits at India’s third-largest tyre maker rose significantly. The company reports that turnover decreased 3.6 per cent to Rs 73.3 billion (£743.9 million) during the 2014/15 financial year, which ran from 1 April 2014 to 31 March this year. Operating profit rose 11.7 per cent to Rs 7.7 billion (£78.1 million) while net profit jumped 26.7 per cent to Rs 3.2 billion (£32.5 million).
Continue Reading![Kumho wins A’ Design award for Maxplo](https://www.tyrepress.com/wp-content/uploads/2015/05/maxplo.jpg)
Kumho wins A’ Design award for Maxplo
The Maxplo, a super-low aspect ratio concept tyre developed by Kumho Tire to demonstrate how tyres of the future may look and operate, has been awarded a Platinum A’ Design Award in the Futuristic category. Along with the other winners of no less than 89 different categories, Kumho received its A’ Design Award last month at a gala dinner in Italy. The Platinum award received by Kumho is the highest of four A’ Design award levels – the others being Iron, Silver and Gold.
Continue ReadingMichelin launches bond issue
Michelin reports its successful placement of a bond issue in two tranches: a €300 million seven-year tranche with a 1.125 per cent coupon and a €300 million 12-year tranche with a 1.750 per cent coupon.
Continue Reading![Hankook Tire making its presence known at Europa League final](https://www.tyrepress.com/wp-content/uploads/2015/05/fever.jpg)
Hankook Tire making its presence known at Europa League final
In a few hours the UEFA Europa League Final will begin in Warsaw, and sponsor Hankook Tire is ready and waiting. The tyre maker has set up numerous fan events around the city and at Stadion Narodowy. In Castle Square, within Warsaw Old Town, Hankook has constructed a 130 square metre brand area in which it is showcasing its tyres and simultaneously offering many football-related activities, such as target shooting, face painting, and fan photography to the visitors. Products are also being displayed outside the national stadium, while a giant inflatable Hankook tyre has been set up at the entrance.
Continue Reading![Inter Milan be warned: No Europa league, no Pirelli sponsorship](https://www.tyrepress.com/wp-content/uploads/2015/05/CF87BA1W0AAGrSo.jpg)
Inter Milan be warned: No Europa league, no Pirelli sponsorship
Italian football club F.C. Internazionale Milano recently unveiled its home kit for the upcoming 2015/16 season, a strip that prominently displays the name Pirelli – an Inter Milan sponsor since 1995 and former shareholder in the club – on the shirt. But a question mark now hangs over whether this partnership will last another season. Pirelli CEO Marco Tronchetti Provera has indicated that the tyre maker’s interest in sponsoring Inter Milan may wane if the club fails to secure a berth in next season’s Europa League.
Continue ReadingEvonik to build new precipitated silica plant near major US tyre factories
An “upper double-digit” euro investment will help Evonik Industries supply growing demand within the North American tyre industry for precipitated silica. The company has announced plans to set up a precipitated silica production plant in the USA. The facility, which will be built in the southeast of the country, in “close proximity to major American tyre production sites,” is scheduled to be completed in late 2017. The overall project now awaits approval from relevant bodies.
Continue ReadingMichelin begins natural rubber JV with Barito Pacific
Michelin has invested US$55 million for a 47 per cent share in a joint venture with the Barito Pacific Group (BPG). The two parties will work in Indonesia on the production of natural, eco-friendly rubber in a project that involves the reforestation of three concessions that were previously ravaged by uncontrolled deforestation, a total area of 88,000 hectares.
Continue Reading![New global website for Brisa’s Lassa Tyres](https://www.tyrepress.com/wp-content/uploads/2015/05/Lassa.jpg)
New global website for Brisa’s Lassa Tyres
Lassa Tyres, manufactured by Turkish number one tyre producer Brisa, has refreshed its global website. Lassa states the new site aims to give Lassa Tyres’ customers and business partners a fresh look, easy navigation and user-friendly experience.
Continue ReadingKumho OEM supply to Yokohama may begin this year
As reported on 18 May, Kumho Tire has begun negotiations regarding its delivery of original equipment tyres to Yokohama Rubber. Kumho says that such a deal, if agreed upon, would help it increase the utilisation rate of its factories in China.
Continue Reading![New GT Radial truck and bus tyre website](https://www.tyrepress.com/wp-content/uploads/2015/05/gtradialfleet.jpg)
New GT Radial truck and bus tyre website
GT Radial has introduced a global truck and bus tyre website to complement its recently-launched global passenger car tyre online presence. The new www.gtradialfleet.com site is designed for both desktop and mobile devices and provides tyre information according to application and vehicle type, tyre specification and axle position. Other features include a fuel calculator and tyre care tips, plus a section containing brand information and the latest news and user testimonials.
Continue ReadingServicesure Autocentres launches new voice for independent garages
The first meetings of National Advisory Panels, established by Servicesure Autocentres in order “to give independent garages a voice on key issues and influence business services provided to them,” have been held. The inaugural meeting of the Servicesure Autocentres National Advisory Panel for England & Wales took place in Stratford-upon-Avon.
Continue Reading![Trelleborg begins Tractor of the Year 2016 countdown](https://www.tyrepress.com/wp-content/uploads/2015/05/TOTY-Next-Stop.jpg)
Trelleborg begins Tractor of the Year 2016 countdown
Trelleborg and the Tractor of the Year awards will come together again in the following year, strengthening their strategic partnership for the co-marketed event, “Tractor of the Year 2016: Let the challenge begin”. The event will take place at Palazzo Di Varignana, in Bologna, on 18-19 May.
Continue ReadingInfinity Tyres announces new European sales team and office
Infinity Tyres, part of the Al Dobowi Group, has announced two new appointments in European leadership positions. Mitchell Peeters and Riccardo Costa, formerly of Goodyear, have joined the company in the roles of executive director and general manager Europe respectively, operating out of a new European sales office, based in Madrid, Spain.
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