Tyre innovations yield SRI ‘Top 100 Global Innovator’ recognition
Upon releasing its 2014 Top 100 Global Innovators list on 6 November, Thomson Reuters commented that its top 100 most innovative companies achieved nearly double the 6.85 per cent annual revenue growth rate of S&P 500 firms while increasing their research and development budgets by an average of 17 per cent year-on-year. One familiar tyre industry name on this list of worthies was Sumitomo Rubber Industries; the company views its inclusion on this year’s list as “further evidence of the great acclaim that we have earned for these and other innovative research and development efforts.” This is the second Top 100 appearance for Sumitomo Rubber Industries in the four years the list has been published – Thomson Reuters also chose to include the company in 2011.
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ATS Euromaster appointed key tyre partner for Euro Car Parts
Euro Car Parts makes more than 5.5 million deliveries of car and light commercial vehicle parts every year and operates a fleet of 2,400 cars, vans and HGVs. The company recently appointed ATS Euromaster its key partner supplier to fit and maintain tyres on this fleet. Under the terms of the deal, Euro Car Parts’ operations team will start receiving detailed fleet reports that will help them analyse tyre use and control costs, and all van and truck drivers now have access to ATS Euromaster’s roadside rapid response service in case of a tyre-related emergency.
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Blackcircles and Dmack agree exclusive UK supply partnership
British tyre brand Dmack has agreed an exclusive UK supply partnership with Blackcircles.com for its passenger car tyre range. The online tyre retailer will offer Dmack PCR products to its customers and retail partners from January 2015. The deal has been in the making for a few months; having participated in 49 World Rally Championship events since it burst onto the international stage, winning accreditation in September 2010, Dmack has developed passenger car and commercial vehicle ranges for global markets. Manufactured by Shandong Yongtai, with British moulds and R&D, managing director Dick Cormack told Tyres & Accessories in April that the brand would compete as an aspirational mid-range brand, and would seek “the right partners” to achieve this. In Blackcircles – themselves in a period of business expansion – Dmack’s management believes they have found the right partner in their home territory.
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Apollo announces final Manchester United football challenge
The third and final skill test in the ‘Apollo Challenge’ has begun. Together with Manchester United F.C., tyre maker Apollo Tyres is encouraging football aficionados to demonstrate just how on target their shooting is with the Apollo Accuracy Challenge. This particular challenge sees Manchester United midfielder Ashley Young demonstrate the importance of accuracy, a quality Apollo Tyres argues is the most important skill for any footballer.
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Mitas to outline the Continental agri brand’s future
As reported on 29 October, Mitas a.s. intends to use its press conference at the EIMA agricultural exhibition as a platform for sharing plans in key areas. The Czech Republic-based tyre maker also says it will unveil its business strategy and discuss the future of the Continental agricultural tyre brand under Mitas at the event on 13 November.
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Massa Pneus acquisition expands Continental’s French tyre retail network
In its third quarter financial report, Continental shares that as of 27 June this year, its French retail business Continental Holding France SAS acquired 100 per cent of the shares in both MPI SAS and Reparation Pneumatiques Du Sud Est (Répneu) SAS. The group of companies has close to 1,000 employees working at its 114 sites. With this purchase, the network of outlets Continental operates in the French market grew to more than 400 sites.
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Official openings held at Yokohama’s plant in India
In February 2014, Yokohama India Private Limited reported the inauguration of its new factory in Bahadurgarh, with the Chief Minister of India’s Haryana State, Shri Bhupinder Singh Hooda, doing the honours. However it seems two official openings are better than one, and Yokohama Rubber shares today that an official opening ceremony was held at the plant on 1 November. And a further ceremony – the second or third, depending on who you ask – was held the following day for tyre dealers from around India.
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Laufenn – a new tyre brand from Hankook Tire
An all-new tyre brand from Hankook Tire was unveiled at the SEMA show in Las Vegas yesterday. This new range from the Korean tyre maker will be sold under the Laufenn name, and although its initial launch is restricted to ten markets in North America, Latin America and the Asia Pacific region, Hankook describes Laufenn as a “global tyre brand” and says it will be introduced in Europe and other regions “in the coming years,” although a European launch in 2015 looks highly unlikely.
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