![New warehouse for Nokian Tyres’ USA plant](https://www.tyrepress.com/wp-content/uploads/2023/03/Nokian_Tyre_Dayton_Factory_Warehouse.jpg)
New warehouse for Nokian Tyres’ USA plant
Nokian Tyres has begun construction work on a finished goods warehouse at the Dayton, Tennessee production site where it is currently doubling production capacity for all-season and all-weather tyres and adding light truck tyres to the product mix. The warehouse will hold as many as 600,000 tyres and should be ready for use by mid-2024.
Continue Reading![EC approves Yokohama Rubber’s TWS acquisition](https://www.tyrepress.com/wp-content/uploads/2023/03/Trelleborg-tyre-sml.jpg)
EC approves Yokohama Rubber’s TWS acquisition
On 24 March, the European Commission granted The Yokohama Rubber unconditional antitrust clearance to acquire all outstanding shares in Trelleborg Wheel Systems. The Competition and Markets Authority in the UK is currently reviewing the proposed acquisition and will announce its decision soon.
Continue Reading![Giti collaborates with global racing equipment supplier Sparco in joint-branding agreement](https://www.tyrepress.com/wp-content/uploads/2023/03/01_SPARCO_Peugeot_Sport_una_partnership_per_la_sicurezza_che_resiste_nel_tempo_DESKTOP_2880x1400px_copia_01.webp)
Giti collaborates with global racing equipment supplier Sparco in joint-branding agreement
Giti Tire has signed a multi-year global co-branding agreement with Sparco, one the world’s leading manufacturers of motorsport safety systems and racing equipment. The Giti brand becomes global automotive tyre partner of the Italian brand under the deal, while the slogan “Giti – Powered by Sparco” will appear on the sidewall of key UHP sizes from 2024. The development of these products will form a bridge between the businesses, according to Sparco.
Continue Reading![100 millionth tyre made at Yokohama Virginia factory](https://www.tyrepress.com/wp-content/uploads/2023/03/Salem-YTMV-scaled.jpg)
100 millionth tyre made at Yokohama Virginia factory
On 23 March, the 100 millionth Yokohama tyre – Geolandar A/T G015 – rolled off the production line at the company’s Salem, Virginia factory.
Continue Reading![Pirelli keen to extend F1 tyre supply](https://www.tyrepress.com/wp-content/uploads/2023/03/FIA-tender.jpg)
Pirelli keen to extend F1 tyre supply
On 20 March the FIA published an invitation to participate in the next tender process for tyre supply to the F1, F2 & F3 championships from 2025 to 2027, with an option for 2028. Confirming its interest in participating in the tyre tender process, Pirelli observes that the tender document “outlines technical characteristics that are broadly in line” with the Pirelli-supplied tyres currently used in these championships.
Continue Reading![Zeppelin Systems & its tyre recycling partners](https://www.tyrepress.com/wp-content/uploads/2023/03/ELTs-sml.jpg)
Zeppelin Systems & its tyre recycling partners
As Tyrepress reported on 21 March, Zeppelin Systems has recently entered into a number of tyre recycling partnerships. It considers these firms key players in its new Zeppelin Sustainable Tire Alliance, and has shared details about its new partners:
Continue Reading![Goodyear extended EMEA tyre production shutdown into 2023](https://www.tyrepress.com/wp-content/uploads/2022/05/blimp-sml.jpg)
Goodyear extended EMEA tyre production shutdown into 2023
Goodyear reported that fourth-quarter 2022 tyre production levels were 3.5 million units below 2021 when executives published the firm’s full-year 2022 figures in February. That move was enacted in order to “control working capital given the weaker volume environment.” Now officials have confirmed that they decided to extend the pre-planned winter production shutdown into the first quarter of 2023 in the Europe Middle East and Africa (EMEA) region in order to rebalance inventories.
Continue Reading![Matrax gives SUV and car tyres Asian debut, EV tyres coming](https://www.tyrepress.com/wp-content/uploads/2023/03/MatraX_VERAGUA-SX_Angle-White-e1679577539765.jpg)
Matrax gives SUV and car tyres Asian debut, EV tyres coming
March’s Tyrexpo Asia exhibition gave Portuguese-based Grupo Alves Bandeira the opportunity to showcase the company’s Matrax for the first time in Asia. The Matrax stand featured a comprehensive range of the brand’s portfolio incorporating SUV, 4x4, and ultra-high performance car tyres as well as truck tyre products.
Continue Reading![Bandvulc Ivybridge plant becomes Continental LifeCycle facility](https://www.tyrepress.com/wp-content/uploads/2023/03/Bandvulc-Ivybridge-LifeCycle-sml.jpg)
Bandvulc Ivybridge plant becomes Continental LifeCycle facility
Bandvulc’s Ivybridge retreading plant is now a Continental LifeCycle facility. While continuing to design, engineer and manufacture Bandvulc-branded retread tyres, the site will align more closely with Continental’s existing LifeCycle plant in Stöcken, Germany. Bandvulc stresses that the plant’s new LifeCycle status won’t impact upon job security for its workforce, confirming that there are “no redundancies taking place as a result of the Continental rebranding.”
Continue Reading![Goodyear launches Wingfoot Women mentoring & development programme](https://www.tyrepress.com/wp-content/uploads/2023/03/gwnlogo-update-sml.jpg)
Goodyear launches Wingfoot Women mentoring & development programme
Goodyear is embarking on a mentoring and development programme to support growing female leaders. While the first stage of this Wingfoot Women programme will run in Luxembourg over a period of six months, in the long term Goodyear aims to expand to mentees elsewhere via other Girls in Tech hubs.
Continue Reading![LEVC Celebrates 10,000th vehicle](https://www.tyrepress.com/wp-content/uploads/2023/03/LECVC-10K.jpg)
LEVC Celebrates 10,000th vehicle
LEVC (London Electric Vehicle Company) is celebrating the significant milestone of producing its 10,000th vehicle at its state-of-the-art factory in Ansty, Coventry, UK. LEVC has manufactured the TX – described by the company as “the world’s most advanced electric taxi” – at its groundbreaking facility since 2017. Since the first TX taxi was delivered in January 2018 in London, 10,000 vehicles have now been built and sold throughout multiple global markets, from Paris to Madrid, Cairo to Tokyo.
Continue Reading![Hankook Tyre UK boosting distribution capacities in Daventry](https://www.tyrepress.com/wp-content/uploads/2023/03/Hankook-Prologis-sml.jpg)
Hankook Tyre UK boosting distribution capacities in Daventry
Logistics property developer Prologis is developing a new build-to-suit unit for Hankook Tyre UK in Daventry, Northamptonshire. Construction of DC9, a 357,221 square-foot unit within Prologis Apex Park, begins immediately and when completed in early 2024 will reinforce the position of Daventry as Hankook’s main UK distribution hub.
Continue Reading![Pirelli boosts motorsport testing capabilities as FIA seeks F1 tyre supplier](https://www.tyrepress.com/wp-content/uploads/2023/03/Pirelli-testing-sml.jpg)
Pirelli boosts motorsport testing capabilities as FIA seeks F1 tyre supplier
With the installation of a new high-speed machine within its R&D department, Pirelli is now equipped to test tyres at speeds of up to 310 mph. The Italian marque shared news of this enhanced testing capability shortly after the FIA issued an invitation to tender for F1 tyre supply from 2025.
Continue Reading![IFC takes 5.6% share in JK Tyre](https://www.tyrepress.com/wp-content/uploads/2023/03/tyrexpo-jk-tyre-sml.jpg)
IFC takes 5.6% share in JK Tyre
World Bank Group member IFC is investing US$30 million in JK Tyre & Industries. These funds will part-finance the expansion of capacities and integration of resource-efficient technologies into TBR & PCR manufacturing, leading to a more than 10% increase in radial tyre production. IFC gains a 5.6% stake in the tyre maker.
Continue Reading![First look: Linglong Tire’s Serbia tyre factory](https://www.tyrepress.com/wp-content/uploads/2023/03/F1479F98-239E-4ACB-802D-3E7B6B0DD850-scaled.jpg)
First look: Linglong Tire’s Serbia tyre factory
The opening of its new tyre factory in Zrenjanin, Serbia, makes Linglong Tire the first Chinese tyre manufacturer to build a production base in Europe. Truck tyre production represents the first phase of the enormous overall 999-million-euro project that represents the largest single foreign investment in Serbia and will soon feature car tyre production followed by the manufacture of agricultural and OTR tyres. Ahead of its official opening, as well as an interview with Linglong Tire chairman, Wang Feng, Tyres & Accessories had an exclusive tour of the site including a close-up view of the truck tyre production line.
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