![Tyrexpo sold to Tarsus Group](https://www.tyrepress.com/wp-content/uploads/2019/12/TyreXpo-Asia-2019.jpg)
Tyrexpo sold to Tarsus Group
Tarsus Group has acquired the TyreXpo series of events from Singapore-based organiser, SingEx. According to the company, the acquisition adds “a complementary brand to the automotive events in the Tarsus portfolio and gives the group access to an adjacent market”. Terms of the acquisition have not been disclosed.
Continue ReadingNynas enters restructuring process
Nynas AB (publ) filed for “company reorganisation” in Sweden at Södertörns District Court today (Monday 16 December 2019). According to a company statement, Nynas’s banks have refused to continue to extend loans to the company and therefore “Nynas cannot pay due debts forcing the company to apply for a reorganisation”.
Continue Reading![Chief Collision Technology’s Mosaic ADT automated ADAS recalibration is industry first](https://www.tyrepress.com/wp-content/uploads/2019/12/Mosaic-three-quarter.jpg)
Chief Collision Technology’s Mosaic ADT automated ADAS recalibration is industry first
Chief Collision Technology, formerly known as Chief Automotive Technology and part of VSG and Dover has partnered with Burke Porter Group to create Mosaic advanced diagnostic technology (ADT), the industry’s first automated advanced driver-assistance systems (ADAS) calibration system.
Continue Reading![Why sensorisation means ADAS and ADAS means calibration equipment](https://www.tyrepress.com/wp-content/uploads/2019/12/ADAS-calibration-equipment-002.jpg)
Why sensorisation means ADAS and ADAS means calibration equipment
As the road to autonomy continues, companies such as Tesla, Uber, Ford, and Toyota are putting an increased emphasis on reaching the ultimate goal of ‘Level 5’ autonomous vehicle operation. With self-driving cars becoming closer to reality, advanced driver assistance systems (ADAS) are rapidly becoming commonplace in modern cars. Today, an increasing number of vehicles are equipped with ADAS, featuring collision avoidance, autonomous braking in emergencies, cruise control, and self-parking. Moreover, several safety organizations are lobbying governments to mandate at least two types of ADAS in all new vehicles. As of 2022, new safety technologies such as advanced emergency braking systems (AEBS) and forward collisions warning systems (FCWS) will become mandatory in vehicles in the US and Europe. With this in mind and following the publication of “ADAS Calibration Equipment Market” by Future Market Insights, Tyres & Accessories got in contact with one of the report’s writers, Alice Ajit Mutum, in order to find out more. According to her Future Market Insights biography, Mutum is an experienced market research writer and has written extensively on the industrial automation and equipment, and automotive domains.
Continue Reading![Simon Kriss appointed GM of Green Distillation Technologies](https://www.tyrepress.com/wp-content/uploads/2019/12/Simon-002.png)
Simon Kriss appointed GM of Green Distillation Technologies
Simon Kriss has been appointed general manager – Corporate Development of Green Distillation Technologies. Kriss has been appointed to a new role in the company and he will focus on the go-to-market strategy and investor relations.
Continue Reading![Kenda partners with FactoryONE Sherco team](https://www.tyrepress.com/wp-content/uploads/2019/12/Kenda-Tyres-Sherco-full-003.jpg)
Kenda partners with FactoryONE Sherco team
US-based two-wheel race team FactoryONE Sherco has chosen to partner with Kenda Powersports in a multi-year agreement that starts in the 2020 season. Under this agreement, Kenda becomes the official tyre company for the FactoryONE Sherco team and will provide team riders with tyres to compete in AMA Endurocross, Hard Enduro, GNCC, NEPG and more.
Continue Reading![NeroForce appointed Akarmak European distributor](https://www.tyrepress.com/wp-content/uploads/2019/12/Neroforce.jpg)
NeroForce appointed Akarmak European distributor
Recently founded retreading machinery supplier NeroForce (based in Leipheim, Southern Germany), has been appointed as exclusive European distributor of Akarmak machines throughout the continent.
Continue ReadingFineLine Technologies buys Consolidated Printing Inc.
FineLine Technologies Inc. has acquired Consolidated Printing Inc., a leading provider of printed tickets for professional and collegiate sporting events and major entertainment and event venues throughout the United States. The acquisition marks FineLine’s strategic entry into event management, an industry in which the company can leverage its advanced data management and RFID capabilities to improve complex ticketing processes.
Continue Reading![Linglong Hubei TBR tyre plant officially opens](https://www.tyrepress.com/wp-content/uploads/2019/12/Hubei-Linglong-sml.jpg)
Linglong Hubei TBR tyre plant officially opens
Several weeks after entering operation, TBR production at the Hubei Linglong Tire Co., Ltd. factory in Jingmen, China was officially commissioned yesterday. Linglong Tire reports that nearly 600 guests, including government and industry representatives, attended a ceremony to mark the occasion.
Continue Reading![Cooper Tire sponsoring Féminas Off-Road Campus](https://www.tyrepress.com/wp-content/uploads/2019/12/Cooper-Feminas.jpg)
Cooper Tire sponsoring Féminas Off-Road Campus
Cooper Tire Europe is sponsoring the 2019 edition of the Féminas Off-Road Campus, which will take place at the Masía Pelarda 4x4 complex in Aragón, Spain between Friday and Sunday.
Continue ReadingGRI acquires Australia’s Axis Tyres
Sri Lanka’s Global Rubber Industries (GRI Tires) has acquired Australian tyre supplier Tradefaire International’s industrial tyre business, Axis Tyres Pty Ltd. The acquisition includes Axis locations in Melbourne (Altona and Braeside), Sydney and Adelaide. Together with GRI’s existing branch in Brisbane, the company now operates five sites in Australia.
Continue Reading![ZSL: Global natural rubber production lacks transparency](https://www.tyrepress.com/wp-content/uploads/2019/12/IMG_9004-e1575993740146.jpg)
ZSL: Global natural rubber production lacks transparency
Global natural rubber production lacks transparency and the necessary sustainability commitments to protect both people and wildlife, according to an analysis of the natural rubber industry undertaken by international conservation charity ZSL (Zoological Society of London). ZSL assessed 15 of the “most significant” natural rubber companies and calculated an average score of just 35 per cent on SPOTT (Sustainability Policy Transparency Toolkit).
Continue Reading![Hankook Tire CEO Cho indicted on bribery, embezzlement charges](https://www.tyrepress.com/wp-content/uploads/2019/12/Cho-Hyun-Bum_tb-800x600.jpg)
Hankook Tire CEO Cho indicted on bribery, embezzlement charges
South Korea’s Yonhap News Agency has reported the indictment of Cho Hyun-bum, chief executive of tyre maker Hankook Tire & Technology. According to Yonhap, prosecutors said yesterday that Cho was indicted for accepting bribes and embezzling corporate funds.
Continue ReadingToyo sells half its Bridgestone shares
The board of directors of Toyo Tire has decided to sell a portion of its stock holdings in Bridgestone.
Continue Reading![European commission approves 3.2 billion euros of battery research support](https://www.tyrepress.com/wp-content/uploads/2019/12/P041875-527337.jpg)
European commission approves 3.2 billion euros of battery research support
The European Commission has approved 3.2 billion euros of battery research and development support under EU State aid rules. The funding comes as the result of an Important Project of Common European interest (IPCEI) application jointly notified by Belgium, Finland, France, Germany, Italy, Poland and Sweden to support research and innovation in the common European priority area of batteries.
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