![Bridgestone delisting from Nagoya Stock Exchange](https://www.tyrepress.com/wp-content/uploads/2021/06/generic01.jpg)
Bridgestone delisting from Nagoya Stock Exchange
Bridgestone Corporation has applied to have its shares delisted from the Nagoya Stock Exchange. Explaining the rationale behind this move, the company notes that it is currently listed on three stock exchanges in Japan – Tokyo, Nagoya and Fukuoka. In order to reduce the management costs and streamline management operations related to duplicate listings, it has decided to delist from the Nagoya Stock Exchange.
Continue Reading![How Wheelwright is coping with the new normal](https://www.tyrepress.com/wp-content/uploads/2021/10/WWimage1-scaled.jpg)
How Wheelwright is coping with the new normal
While almost every automotive business has been affected by current world events, for wheel manufacturers, a ‘perfect storm’ of global trading conditions has created a challenging trading period. Tyres & Accessories recently heard from Dave McMillan, sales director for Wheelwright, one of Britain’s longest standing manufacturer and retail names, who gave us an insight into how the company is coping with a new raft of logistical and financial travails.
Continue Reading![ATEQ TPMS Tools partners with Anyline to enable DOT and VIN scanning](https://www.tyrepress.com/wp-content/uploads/2021/10/DOT5-scaled.jpeg)
ATEQ TPMS Tools partners with Anyline to enable DOT and VIN scanning
ATEQ TPMS Tools and Anyline, which develops mobile data capture technology, have announced that they have entered a strategic partnership that they say will “propel the TPMS industry forward”. As a result, Anyline’s advanced optical character recognition (OCR) solutions for the automotive aftermarket will be integrated into ATEQ’s TPMS tools, enabling technicians to scan tyre DOT codes, as well as vehicle identification numbers (VIN) and license plates.
Continue Reading![Sinochem Holdings & Cosco Shipping sign strategic agreement](https://www.tyrepress.com/wp-content/uploads/2021/10/Sinochem-Cosco.jpg)
Sinochem Holdings & Cosco Shipping sign strategic agreement
Sinochem Holdings, the entity who through its China National Tire & Rubber subsidiary has a controlling stake in Pirelli and Aeolus Tyre as well as a substantial shareholding in Prometeon Tyre Group, has signed a strategic cooperation agreement with China Cosco Shipping intended to “guarantee the security and stability” of its industry and supply chain.
Continue Reading![Egyptian automotive aftermarket already worth US$1-2 billion and growing fast](https://www.tyrepress.com/wp-content/uploads/2021/10/safari-4652364-scaled.jpg)
Egyptian automotive aftermarket already worth US$1-2 billion and growing fast
Egypt’s automotive aftermarket has been dubbed “one of Africa’s most exciting markets” as its motoring population and vehicle sales grow, its economy expands and the government moves to combat automotive emissions. Germany’s Africa business experts africon, the knowledge partners of Automechanika Dubai, suggests these trends have resulted in an aftermarket now worth between US$1-2 billion in a whitepaper on the subject.
Continue Reading![Sailun presents truck tyres with German distributor at NUFAM 2021](https://www.tyrepress.com/wp-content/uploads/2021/10/NUFAM_stand1.jpg)
Sailun presents truck tyres with German distributor at NUFAM 2021
Sailun has presented ‘The Smart Experience’ at the NUFAM 2021 commercial vehicle show in Karlsruhe, Germany, in collaboration with German truck tyre distributor Bohnenkamp AG. Sailun said its stand attracted much interest, with visitors enquiring about the Bohnenkamp partnership, as well as enjoying a game of table football on stand.
Continue Reading![GRI continues Green X Circle with tree planting project](https://www.tyrepress.com/wp-content/uploads/2021/10/Rubber-Tree-Saplings-sml.jpg)
GRI continues Green X Circle with tree planting project
Last Friday was an important day for GRI in regards to its environmental engagements – the Sri Lankan tyre maker launched its ‘Greening Our Planet’ project by planting 450 rubber trees at smallholder rubber farms in Moneragala District.
Continue Reading![YOHT appoints Italy country manager](https://www.tyrepress.com/wp-content/uploads/2021/10/Foto-Massimo-Mori-2-sml.jpg)
YOHT appoints Italy country manager
Massimo Mori has joined Yokohama Off-Highway Tires (YOHT) as the company’s country manager for Italy. He began in this position in July and assumes a remit to lead the aftermarket business in Italy for the Alliance & Galaxy brands. He reports to Sandeep Unni, YOHT’s regional head for South Europe.
Continue Reading![Hubtrac team raises Q4 income expectations](https://www.tyrepress.com/wp-content/uploads/2021/10/Linglong-Serbia.png)
Hubtrac team raises Q4 income expectations
Hubtracs global management team has announced that it will increase sales expectations for the fourth quarter of 2021 and complete “the latest market positioning and orientation of Hubtrac tyres by the end of the year.”
Continue Reading![Football: Continental, MLS announce multi-year partnership renewal](https://www.tyrepress.com/wp-content/uploads/2021/10/Conti-MLS.jpg)
Football: Continental, MLS announce multi-year partnership renewal
The long-term partnership between Continental Tire and the top-flight men’s football league in the USA and Canada has been extended, and to commemorate this renewal of the relationship during its 150th anniversary year, Continental is gifting US$150,000 to the “incredibly passionate” fans of Major League Soccer (MLS), the Club Supporters Groups.
Continue Reading![Linglong achieves OE ‘breakthrough’ with Honda JV in China](https://www.tyrepress.com/wp-content/uploads/2021/10/Linglong-Honda-sml.jpg)
Linglong achieves OE ‘breakthrough’ with Honda JV in China
Linglong Tire says the start of its original equipment tyre supply to the Honda Crider represents “another milestone breakthrough” for the company in the global OE tyre market. It shipped the first batch of tyres to Guangqi Honda in September 2021, almost three years after commencing development work on OE tyres for the Crider, an exclusive to China model that sits in the Honda range between the Civic and Accord.
Continue Reading![Rosava reports growing US sales](https://www.tyrepress.com/wp-content/uploads/2021/10/Rosava-sml.jpg)
Rosava reports growing US sales
Ukranian tyre maker Rosava has shared an update on its activities in the US tyre market. It began exporting tyres to the USA in 2019, initially exporting 50,000 tyres a year. Rapid growth ensued, and Rosava reports that it has shipped 400,000 tyres to the USA in the first nine months of 2021.
Continue Reading![Bridgestone closing non-tyre facility in Japan](https://www.tyrepress.com/wp-content/uploads/2021/08/placeholder-sml.jpg)
Bridgestone closing non-tyre facility in Japan
Bridgestone Corporation is currently restructuring its non-tyre Diversified Products business and has announced its intention to close a factory in Japan as part of consolidation efforts related to production of automotive seat pads. It will close the Bridgestone Chemitech plant in Ageo, Saitama Prefecture in the fourth quarter of 2023 and consolidate operations within the three remaining facilities dedicated to automotive seat pad production – Bridgestone Chemitech’s Nabari and Hofu sites as well as Bridgestone Diversified Chemical Products’ Tosu plant.
Continue Reading![Geneva International Motor Show postponed to 2023](https://www.tyrepress.com/wp-content/uploads/2021/10/geneva-MS.jpg)
Geneva International Motor Show postponed to 2023
The organiser of the Geneva International Motor Show (GIMS) has announced the event’s cancellation for a second year. Comité permanent du Salon international de lautomobile states that it was “forced to postpone the event to 2023” due to “industry-wide issues relating to the COVID-19 pandemic.”
Continue Reading![US market launch for Hankook Dynapro XT & AT2 Xtreme](https://www.tyrepress.com/wp-content/uploads/2021/10/Hankook-Dynapro-sml.jpg)
US market launch for Hankook Dynapro XT & AT2 Xtreme
Hankook Tire is expanding its Dynapro line-up in North America with the introduction of the new ‘Rugged Terrain’ Hankook Dynapro XT and next-generation Dynapro AT2 Xtreme. It will offer the Dynapro XT is 30 sizes in this market. At launch the Dynapro AT2 Xtreme will cover 32 sizes, however Hankook says it will continue adding new sizes through a phased launch, eventually reaching 98 total sizes by 2022. The tyre maker states that the introduction of the two products will accelerate its penetration into the US market.
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