![Giti to pioneer first all-women’s team at Nürburgring 2019](https://www.tyrepress.com/wp-content/uploads/2018/12/Giti_Tire_佳通轮胎_newsdetail_6183_2018121354419686.jpg)
Giti to pioneer first all-women’s team at Nürburgring 2019
Following the completion of the 2018 motorsport season, Giti Tire says it will feature a record four vehicles participating in the 24 Hours Nürburgring race, including driving the first all-women racing and technician team. The pioneering all-women team is the first of its kind at the 24 Hours Nürburgring race.
Continue ReadingPrinx Chengshan the only HKEX-listed tyremaker at Tire+
Based in the city of Guangzhou, the Guangzhou International Automobile Exhibition is particularly close to the Chinese off-shore territories of Hong Kong and Macau. Still, despite the show’s proximity to such personal and corporate wealth, Prinx Chengshan unique inasmuch as it was the only Hong Kong stock exchange (HKEX) listed tyre manufacturer at the show.
Continue Reading![Pirelli boosts SRO link Blancpain GT World Challenge, Pirelli GT4 America Series](https://www.tyrepress.com/wp-content/uploads/2018/12/Pirelli_Blancpain-GT-World-Challenge.jpg)
Pirelli boosts SRO link Blancpain GT World Challenge, Pirelli GT4 America Series
Pirelli’s global motorsport partnership with promoter SRO Motorsports Group has been strengthened with the arrival of the Blancpain GT World Challenge in 2019. The global championship brings together the Pirelli World Challenge in USA alongside the other GT sprint series promoted by SRO throughout Europe and Asia. This brings the total number of SRO competitions supplied by Pirelli up to 12. Pirelli will also become the headline sponsor of the new Pirelli GT4 America series, with 36 cars homologated, 20 of which are brand new models.
Continue Reading![Falken Tyre Europe to sponsor 26th IHF Men’s Handball World Championship](https://www.tyrepress.com/wp-content/uploads/2018/12/web-Falken_Gensheimer.jpg)
Falken Tyre Europe to sponsor 26th IHF Men’s Handball World Championship
Tyre manufacturer Falken Tyre Europe is the official sponsor of the 26th IHF Mens Handball World Championship in Germany and Denmark.
Continue ReadingNokian Tyres splits Europe in Central Europe and Nordic regions
Nokian Tyres is separating its Business Area Europe into two business areas: Business Area Central Europe and Business Area Nordics. Anna Hyvönen, SVP Vianor and member of Nokian Tyres Management Team, has been appointed SVP Nordics and Vianor, with the additional responsibility for Nokian Tyres Nordics. Pontus Stenberg, who has been SVP Europe and member of Nokian Tyres Management Team, is leaving the company to pursue his career outside of Nokian Tyres. Hannu Liitsola, currently managing director Central Europe, has been appointed interim Head of Business Area Central Europe.
Continue ReadingToyo changes official name, reshuffles executives
Toyo has made a number of organizational, structural and personnel changes, including an executive reshuffle. First, the company will change its corporate trade name from Toyo Tire & Rubber Co., Ltd. to Toyo Tire Corporation, effective on 1 January 2019. According to the company, the corporate name change will leverage “getting our business operations rolling with the aim of strengthening governance and achieving further growth, which we will endeavour to implement under a new management structure.”
Continue Reading![Kenda’s Michael Andre to retire](https://www.tyrepress.com/wp-content/uploads/2014/05/Kenda_Michael-Andre_1.jpg)
Kenda’s Michael Andre to retire
Michael Andre (60) is retiring at the end of 2018. The news comes after five years with Kenda Rubber Industrial, where he has been marketing and sales manager automotive Europe responsible for the European passenger car tyre business of the Taiwanese tyre manufacturer. In this role Andrew has led the phased introduction of the Kenda brand to the German and other key European markets.
Continue ReadingGoodyear share price picks up, hedge funds back Goodyear
Goodyear’s share price picked up by up to 1 per cent during early trading on 12 December 2018, having risen 0.56 per cent by the close of the previous session (up from $21.59 to $21.71). Considering that the value of these shares fell -8.70 per cent during the preceding seven-day period, and experienced a loss of -1.76 per cent over the past 30-day period suggests this is a significant uptick. In addition, when you compare this with the 1.5 per cent one-day drop all tyre majors experienced in October when Michelin warned that demand was softening, it appears that the share price is bouncing back.
Continue ReadingWanda Boto Tyre advertising on NASDAQ screen in Times Square
In September 2018 Shandong Wanda Boto Tyre Co Ltd was invited to display some of its advertising on the NASDAQ screen in the world-famous Times Square in New York, USA.
Continue Reading![Cooper Tire and Sailun announce Vietnam TBR tyre joint venture](https://www.tyrepress.com/wp-content/uploads/2018/12/cooper-sailun-logos.png)
Cooper Tire and Sailun announce Vietnam TBR tyre joint venture
Cooper Tire & Rubber Company is to form a joint venture with Sailun Vietnam Co, Ltd to build a 2 million capacity truck and bus radial manufacturing plant. Subject to closing and government approvals, the facility will be located near Ho Chi Minh City, Vietnam, at the site of Sailun Vietnam’s existing operations, which early in 2018 signed an offtake agreement to produce Roadmaster, Dean and Starfire brand tyres for Cooper. The new announcement represents the latest move in a series of cooperative moves between the two firms - Sailun Jinyu invested in joining Cooper in its GRT JV in September.
Continue Reading![Linglong hosts partner meeting in Turin](https://www.tyrepress.com/wp-content/uploads/2018/12/linglong-turin.jpg)
Linglong hosts partner meeting in Turin
Linglong Tire hosted its dealer meeting in Turin recently. The event focused on global cooperation and Linglong distributors and suppliers from all over the world were reportedly present. Dialogue with local partners was a specific talking point.
Continue Reading![Continental re-emphasises partnership with ContiTread cold retreaders](https://www.tyrepress.com/wp-content/uploads/2018/12/continental-johncox-global-head-of-technical-services-retread-data.jpg)
Continental re-emphasises partnership with ContiTread cold retreaders
Continental reports that it is “further enhancing its support services to strengthen its partnership with ContiTread cold retread shops”. This development is being led by John Cox, Global Head of Technical Services Retread and will centre on the enhancement of support services.
Continue Reading![Toyo Tires signs three-year Professional Darts Corporation deal](https://www.tyrepress.com/wp-content/uploads/2018/12/toyo-pdc.jpg)
Toyo Tires signs three-year Professional Darts Corporation deal
Toyo Tires is now an official partner of the Professional Darts Corporation (PDC) after the tyremaker signed a three-year deal commencing at the forthcoming William Hill World Darts Championship. Darts has enjoyed a boom over the past decade, with stars such as world number one Michael van Gerwen, flamboyant Peter “Snakebite” Wright and reigning World Champion Rob Cross becoming household names.
Continue Reading![Linglong awarded China Industrial Award](https://www.tyrepress.com/wp-content/uploads/2018/12/wf-award.jpg)
Linglong awarded China Industrial Award
On 9 December 2018, the fifth China Industrial Award Ceremony was held at the Great Hall of the People in Beijing. Shandong Linglong Tire Co., Ltd. won China Industrial Award, the first tyre enterprise in China to win this award. Wang Feng, chairman and president of Linglong Tire, accepted the award at the Great Hall of the People.
Continue ReadingTrelleborg invests in India two-wheel tyre production JV
Trelleborg Wheel Systems is investing in a two-wheel tyre factory in India. According to the company, the investment forms part of Trelleborg’s strategy to “strengthen its positions in attractive market segments”. Currently Trelleborg’s mostly makes two-wheel tyres in Europe. Products include tyres for selected niches, such as enduro and motocross, as well as scooters, mopeds and motorcycles.
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