![Goodyear to close Philippsburg operation, opening two new tyre distribution centres](https://www.tyrepress.com/wp-content/uploads/2023/04/Philippsburg_tb.jpg)
Goodyear to close Philippsburg operation, opening two new tyre distribution centres
Goodyear EMEA is opening two new distribution centres in Cheb, the Czech Republic, and Amiens, France. The announcement coincides with the news that Goodyear is closing its Philippsburg, Germany operation. Goodyear announced that it was closing its Philippsburg, Germany tyre factory in 2016 and production ceased in 2017. Since then, it has been run as a tyre distribution centre in conjunction with a third-party logistics firm. Tyres & Accessories understands that the Philipsburg tyre distribution operation is no longer as efficient and effective as Goodyear had hoped. The company is now consulting with employees regarding the future of 15 jobs in Philippsburg.
Continue Reading![AiP for Michelin WISAMO, commercial testing begins](https://www.tyrepress.com/wp-content/uploads/2023/04/wisamo-sml.jpg)
AiP for Michelin WISAMO, commercial testing begins
Michelin reports that its inflatable Wing Sail Mobility (WISAMO) system has been installed on the Compagnie Maritime Nantaise ro-ro container ship MN Pelican. The vessel is testing the inflatable system’s endurance and use on its weekly rotations between Bilbao, Spain and Poole, UK. Feedback generated by these tests will support the giant wing sail’s ongoing development.
Continue Reading![Nokian becomes Ikon in Russia](https://www.tyrepress.com/wp-content/uploads/2023/04/Ikon_logo-sml.jpg)
Nokian becomes Ikon in Russia
The terms of the license agreement signed when the Nokian Tyres operation in Russia changed hands compel the new owner to cease using all trademarks and names belonging to the Finnish tyre maker, except Nordman. The Tatneft-owned business has thus rebranded from Nokian to Ikon Tyres.
Continue Reading![Michelin sales up 7.4% in Q1 2023](https://www.tyrepress.com/wp-content/uploads/2023/04/Mich-Bib-placeholder.jpg)
Michelin sales up 7.4% in Q1 2023
Benefitting from “premium positioning” in Q1 2023 despite “weak markets” around the world, Michelin increased its consolidated sales 7.4% year-on-year, to 6.96 billion euros. Tyre volumes, on the other hand, were down 6.6%. Michelin confirms its 2023 full-year guidance.
Continue Reading![Germany’s Rigdon to retread car tyres](https://www.tyrepress.com/wp-content/uploads/2023/04/MGGA-sml.jpg)
Germany’s Rigdon to retread car tyres
Car tyre retreading has been a niche activity in recent years, but on 5 April French firm Black Star presented its ‘Leonard’ line-up and announced plans to make a million of these tyres a year. And it isn’t the only tyre company entering this segment, as German retreader Rigdon says it is also planning a retreaded car tyre range of its own.
Continue Reading![Nankang a Nürburgring advertising partner](https://www.tyrepress.com/wp-content/uploads/2023/04/Nankang-Breidscheid-sml.jpg)
Nankang a Nürburgring advertising partner
Future visitors to the Nürburgring Nordschleife will see 87 metres of Nankang branding in the ‘Breidscheid’ area. The Taiwanese tyre maker has initially signed up as an advertising partner at the Nürburgring until the end of 2025.
Continue Reading![JK Tyre develops 80% sustainable tyre](https://www.tyrepress.com/wp-content/uploads/2023/04/UX-GREEN-Tyre-sml.jpg)
JK Tyre develops 80% sustainable tyre
A couple of weeks after Apollo Tyres unveiled car tyres containing 75% sustainable materials, JK Tyre & Industries has seen Apollo’s 75 and raised it 5. The company has produced a passenger car radial with 80% recycled and renewable materials – and says it will offer such a range “in due course.”
Continue Reading![Nokian Tyres: 18.8 million-euro Q1 2023 loss, but pricing should mitigate income problems](https://www.tyrepress.com/wp-content/uploads/2023/04/Nokian-2.jpg)
Nokian Tyres: 18.8 million-euro Q1 2023 loss, but pricing should mitigate income problems
Nokian Tyres has presented its first quarterly results since the company sold its Russian operations to Tatneft its resultant production gap. In short, first quarter 2023 net sales were 236.4 million euros down 26.8 per cent compare with 322.9 million euros during the same period last year. That meant an operating loss of 18.8 million euros compared with 21.5 million euros of operating profit in the first quarter of 2022.
Continue Reading![Nokian Tyres’s Romania plant breaking ground in May 2023, 2-3 offtake deals to fill production gap](https://www.tyrepress.com/wp-content/uploads/2023/04/Nokian-1.jpg)
Nokian Tyres’s Romania plant breaking ground in May 2023, 2-3 offtake deals to fill production gap
Nokian Tyres’s well-publicised exit from Russia has left it with a similarly well-reported production gap that continues to impact the company’s ongoing business. Speaking as part of the company’s first quarter 2023 results presentation, Nokian Tyres executives emphasised that “new capacity is our #1 priority” and shared further details of how they are planning to fill the firm’s production gap. We already knew that Nokian plans to expand its existing factories in Nokia, Finland and Dayton, USA as well as build a new factory in Romania and make off-take contracts with third-party manufacturers, what’s new is the detail and time frames associated with “building the new Nokian Tyres”.
Continue Reading![ETRMA: Unenviable tyre sales trend continues in Q1 2023](https://www.tyrepress.com/wp-content/uploads/2023/04/DSC_0145-sml.jpg)
ETRMA: Unenviable tyre sales trend continues in Q1 2023
Manufacturer association ETRMA reports that its members experienced a “significant drop” in replacement market sales demand during Q1 2023. Compared to Q1 2022, sales within the replacement consumer tyre segment declined 12% and replacement truck and bus tyre market sales demand shrank by 18%. While sales of moto tyres were just 3% below the prior year figure, agricultural tyre sales were 39% lower.
Continue Reading![Continental opens global tyre Solution Center](https://www.tyrepress.com/wp-content/uploads/2023/04/continental_pp_lousado1-sml.jpg)
Continental opens global tyre Solution Center
To support the digitalisation of tyre solutions, production processes and business workflows at Continental Tires around the world, the company has assembled a team of IT and related specialists at a new facility in Portugal. This Solution Center is located near the Continental tyre plant in Lousado and employs around 80 people, with plans already in place to double the workforce by 2026.
Continue Reading![Prometeon Tyre Group signs contract with AB Agri](https://www.tyrepress.com/wp-content/uploads/2023/04/prometeon-abn1-sml.jpg)
Prometeon Tyre Group signs contract with AB Agri
British manufacturer of pig and poultry feed ABN, a division of AB Agri, has signed a new ‘pay-as-you-go’ deal with tyre supplier Prometeon. Tyres supplied under the arrangement include Pirelli Triathlon steer axle fitment and the Prometec TG01 remould product for the drive axle. Trailers within ABNs fleet use the Pirelli G02 tyre.
Continue Reading![Goodyear completes plant expansion in Slovenia](https://www.tyrepress.com/wp-content/uploads/2023/04/goodyear-slovenija-regres-2023.jpg)
Goodyear completes plant expansion in Slovenia
In March Goodyear Slovenia concluded a 90-million-euro project to increase tyre production capacity at its Kranj plant by 25 per cent, a project that has created 160 jobs. The project commenced in January 2019 with a planned completion date of late 2021, however measures related to Covid-19 delayed work on the project.
Continue Reading![Brand Finance: Giti honoured by double Top 10 rankings](https://www.tyrepress.com/wp-content/uploads/2023/04/Brand-Finance-top-15-tyre-brands.jpg)
Brand Finance: Giti honoured by double Top 10 rankings
Commenting on the “excellent news” that it has retained tenth place amongst the world’s tyre makers on the Brand Finance Automotive Industry 2023 ranking of most valuable brands, Giti states it is “very honoured” to have received this accolade. The tyre maker also notes that Brand Finance listed Giti among the top ten tyre brands in its Sustainability Perceptions Value ranking.
Continue Reading![Report: Continental signed Russia divestment deal in February](https://www.tyrepress.com/wp-content/uploads/2023/04/conti-russia-1.jpg)
Report: Continental signed Russia divestment deal in February
Yesterday German newspaper FAZ named S8 Capital as the likely buyer of Continental’s business in Russia, including its tyre plant in Kaluga. Russian newspaper Kommersant adds further weight to the notion of a transaction involving the holding company.
Continue Reading