![Search for Fintyre investor begins as employees receive insolvency benefits](https://www.tyrepress.com/wp-content/uploads/2020/02/Fintyre-Group-Logo.jpg)
Search for Fintyre investor begins as employees receive insolvency benefits
It’s still early days for Fintyre’s insolvency proceedings in Germany, but some progress has been made. The insolvency administrator appointed to the preliminary insolvency proceedings for 16 Fintyre Group companies reports the appointment of a committee of creditors. This committee will work with a “leading international transaction consultant” to find a new investor for Fintyre. At the same time, some of the Fintyre employees who weren’t paid salaries or wages for January have now received insolvency benefit payments.
Continue Reading![Linglong Tire passes MAN supplier audit](https://www.tyrepress.com/wp-content/uploads/2020/02/Linglong-MAN.jpg)
Linglong Tire passes MAN supplier audit
This year got off to a good start, says Linglong Tire. Between 7 and 9 January, a team from Man Truck & Bus visited the Linglong International Tire (Thailand) Co., Ltd facility in Rayong, Thailand. The MAN team, responsible for auditing potential suppliers, spent three days at the truck and bus tyre plant. After it passed the MAN potential supplier audit, the team entered the facility into the MAN supplier system.
Continue Reading![Davanti appoints MEA sales director to establish new regional office](https://www.tyrepress.com/wp-content/uploads/2020/02/Najib-Chakhtoura.jpg)
Davanti appoints MEA sales director to establish new regional office
Davanti Tyres has appointed Najib Chakhtoura sales director for the Middle East and Africa, in order to establish a “permanent presence” in the region. Chakhtoura is tasked with developing relationships with new and existing distributors to increase the brand’s global reach and sales volume. He previously held senior roles developing premium brands across the UAE, Egypt, Saudi Arabia, Jordan, Kuwait and North and East Africa. Chakhtoura will establish a new regional office for Davanti to introduce the brand into new territories across North, East and West Africa, the Gulf States and the wider Middle East.
Continue ReadingCEAT inaugurates Tamil Nadu Factory
In mid-February CEAT inaugurated its new Sriperumbudur, Chennai factory in Tamil Nadu region of India.
Continue Reading![Aeolus producing 57-inch OTR tyres](https://www.tyrepress.com/wp-content/uploads/2020/02/EO88svRX4AEKpFp.jpg)
Aeolus producing 57-inch OTR tyres
At the end of January 2020, Aeolus Tyres announced that the company successfully broke the 57-inch radial OTR tyre barrier. The Aeolus 46/90R57 AG01 earthmover tyre is now the “largest engineering radial tyre” that the company has ever produced.
Continue Reading![New Petlas industrial tyre focuses on traction and life](https://www.tyrepress.com/wp-content/uploads/2020/02/ptxnd33.49.jpg)
New Petlas industrial tyre focuses on traction and life
Petlas has released a new industrial tyre that focuses on traction and life time. According to the company, the PtxND33 is designed and developed at Petlas’s R&D base to offer “perfect traction and long life for compact industrial vehicles such as compact loaders, backhoe loaders and telehandlers”.
Continue Reading![Reinventing the simulated wheel](https://www.tyrepress.com/wp-content/uploads/2020/02/Theta-C.jpg)
Reinventing the simulated wheel
For the generations raised in the late 20th century, the idea of travel simulators raises images of a capsule for eight people moved around with hydraulics to match a film, or perhaps contestants tasked with landing a plane on The Krypton Factor. Since those heady days, exponential increases in computer processing power and the ability to model a rapidly increasing range of sensory outputs from a highly complex web of inputs. Compared to the relatively broad strokes of retro aeronautical simulation, the convincingly realistic representation of the driving environment has become a legitimate source of automotive research and development. The latest simulation technology is increasingly making its way into tyre development as a means of increasing the efficiency of product development. With Michelin’s announcement that it would install a new Driver-in-the-Loop (DIL) simulator at its North America Research & Development centre in Greenville, South Carolina, USA, Tyres & Accessories got in touch with its manufacturer Ansible Motion and its international manager for the company’s commercial group, Phil Morse to talk about the increasing prevalence of human-in-the-loop simulation within tyre and vehicle development, and the opportunities it offers.
Continue Reading![Fintyre Group employee pay ‘coming’, restarting business operations a priority](https://www.tyrepress.com/wp-content/uploads/2020/02/RS-Exclusiv-Hohenwestedt_tb.jpg)
Fintyre Group employee pay ‘coming’, restarting business operations a priority
All 16 companies in the German Fintyre Group have now applied to open insolvency proceedings. But what lies ahead for the 1300-plus employees awaiting wages and salaries, the affected companies’ creditors, and the companies themselves? Sebastian Brunner, spokesman for Miguel Grosser, the provisional insolvency administrator at law firm Jaffé, told our sister website in Germany, Reifenpresse.de, that approximately 200 Reifen Krieg employees will receive their outstanding January wages and salaries in the coming days. Business at the group’s wholesalers and retailers is largely at a standstill, though the office of the provisional insolvency administrator has some more positive news on this too.
Continue Reading![Anger amongst Fintyre Group’s workforce in Germany: “They’re dealing with people, not numbers”](https://www.tyrepress.com/wp-content/uploads/2020/02/Tyreexpert-sml-1.jpg)
Anger amongst Fintyre Group’s workforce in Germany: “They’re dealing with people, not numbers”
They are resigned, angry and desperate. But above all, they’re disappointed. Disappointed that they weren’t informed about the bankruptcy by their employer Fintyre, but by the media. Our sister publication in Germany, Neue Reifenzeitung, has spoken with staff at TyreXpert outlets in the north of the country to gain an insight into the mood of the workforce.
Continue ReadingCeat begins production at newest plant
Commercial production at Ceat Ltd.’s new production facility near Chennai, India began yesterday, reports the tyre maker. Ceat says production capacity at the plant in Sriperumbudur Taluka will now be “ramped up progressively in a phased manner” up to a daily capacity of 28,500 car tyres and 2,500 motorcycle tyres.
Continue Reading![Goodyear the top-selling premium tyre on Delticom’s sites](https://www.tyrepress.com/wp-content/uploads/2020/02/Variety-and-new-arri_-brands-of-2019.jpg)
Goodyear the top-selling premium tyre on Delticom’s sites
Delticom has named the top-selling tyres sold on its sites, according to a number of different criteria. The rankings are based on Europe-wide sales from Delticoms online B2B shops, such as Yourtyres.co.uk in the UK – across all brands and categories.
Continue Reading![German Fintyre Group almost completely in bankruptcy](https://www.tyrepress.com/wp-content/uploads/2020/02/Fintyre-Group-Logo_tb.jpg)
German Fintyre Group almost completely in bankruptcy
Just a few days after bankruptcy proceedings were initiated by Reifen Krieg GmbH, several other companies under the umbrella of the German Fintyre Group are now bankrupt, including almost all of the companies relevant to the operating business.
Continue Reading![Goodyear: New EfficientGrip Performance 2 tyre offers 20% more mileage than Michelin](https://www.tyrepress.com/wp-content/uploads/2020/02/Goodyear-EGP2.jpg)
Goodyear: New EfficientGrip Performance 2 tyre offers 20% more mileage than Michelin
Goodyear has launched the EfficientGrip Performance 2. According to the company, the new tyre can achieve 50 per cent higher mileage than its predecessor and 20 per cent better mileage than Michelin. The claims are based on tests conducted by TÜV SÜD, which also found that the EfficientGrip Performance 2 had the shortest braking distances on wet and dry roads compared to leading competitors.
Continue ReadingNorthern Irish MOT lifts different to UK models
In addition to the news that the Maha Duo+1 scissor lift if the model behind the Northern Ireland MOT crisis, GEA chief executive Julian Woods has pointed out that these Irish lifts are different to UK equivalents: “Vehicle lifts used for performing MOT tests in Ireland are of a different design/specification to those required in the UK MOT market and as such we cannot compare the situations.”
Continue Reading![Maha DUO+1 behind Northern Ireland MOT problems](https://www.tyrepress.com/wp-content/uploads/2020/02/MahaDuo1.png)
Maha DUO+1 behind Northern Ireland MOT problems
Maha Ireland has confirmed that its Maha DUO+1 scissor lift is behind the Northern Ireland MOT crisis. The lift, which has been supplied to DVA centres across Northern Ireland and is also believed to have been supplied to NCT centres in the Republic of Ireland, suffering from cracking which resulted in the suspension of all car MOTS in Northern Ireland on 27 January 2020.
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