Infinity Tyres marks 10 years in Europe with India event
Brand growing fast through enhanced marketing activities, range expansion A decade after the brand was born during an informal post-show meeting atReifen Essen 2004, this year Infinity Tyres celebrated a decade of business in Europe by taking its partners to Northern India, a trip which executive director Harjeev Kandhari took responsibility for down to the […]
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Toyo Tires becomes AC Milan premium sponsor
An agreement concluded today between Toyo Tire & Rubber and Associazione Calcio Milan – AC Milan – gives the Japanese tyre maker Premium Sponsor status with the football club until June 2016. Toyo says the sponsorship deal will influence its global branding content and help the company to “more clearly bring out the potential premium image of the products we offer.” It anticipates “significant” medium-term advantages will result from the partnership in Europe and Asia, and in two regions where Toyo is “contemplating market expansion” – the Middle East and Russia.
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Nokian announces €1.45 per share dividend for 2013
At Nokian Tyres’ Annual General Meeting on 8 April 2014, the company’s financial statements for 2013 were accepted and the Board of Directors and the President and CEO discharged from liability. The meeting decided that a dividend of €1.45 per share shall be paid for the period ending 31 December 2013. The dividend shall be paid to shareholders included in the shareholder list maintained by Euroclear Finland Ltd on the record date of 11 April 2014. The dividend payment date is 25 April 2014.
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BBS waging war against brand pirates
Pirates aren’t lovable rogues with eye patches and parrots perched on the shoulder. Piracy, specifically brand piracy, has become a major issue for manufacturers of well-known products. One such firm, German alloy wheel manufacturer BBS, says counterfeiters who sell online and offer everything from fake centre caps to complete wheels cause the firm significant damage, and now it is taking “appropriate measures” against these pirates.
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What is Maxion Wheels focusing on?
During the financial year before last, the Brazilian Iochpe-Maxion Group (the parent company of Maxion wheels) bought Hayes Lemmerz for approximately US$725 million. The acquisition came after the worlds largest wheel manufacturer put down two bankruptcies during the first part of the new millennium, and thus had large amounts of debt to contend with. Eventually the company’s investors finally ran out of patience leaving the obvious question - what has happened to the car aluminium wheel division since then?
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BKT officially signs Monster Jam deal at world finals
The sponsorship agreement between BKT and Feld Motor Sports was officialised at the Monster Jam World Finals in Las Vegas late last month, the tyre maker reports. The deal, which sees BKT supplying the Monster Jam vehicles through to 2018, was confirmed by BKT executive director Rajiv Poddar and Feld Entertainment CEO Kenneth Feld.
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Dmack targeting ‘correct’ dealers to deliver mid-range PCR strategy
Now in the second phase of its rollout of passenger car tyres, World Rally Championship tyre supplier Dmack is seeking the right partners around the world for its Shandong Yongtai manufactured road tyres. The company has quadrupled the number of sizes in its PCR tyre range of four patterns in the first half of 2014. Tyrepress interviewed managing director Dick Cormack, communications director Glenn Patterson, and newly appointed sales director Greg Graham at the company’s office and warehouse facility in Carlisle.
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New Falken tyres, technologies introduce brand’s next generation in Europe
Showcasing significant technological and performance breakthroughs, Falken launched its latest Azensis and Sincera products at the Ascari Race Resort near Malaga, Spain. Tyrepress took the opportunity to speak to Isamu Ishida, managing director, Falken Tyre Europe, and Matt Smith, managing director UK & Ireland, about the direction of Falken post Sumitomo and Goodyears Dunlop joint venture, having sampled the benefits of the new tyres at Ascari.
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