Cole to lead Bridgestone’s North American Commercial OTR division
Bridgestone Commercial, a division of Bridgestone Americas Tire Operations, has appointed a new president for its commercial tyre division. As president, Commercial OTR, Taylor Cole will be responsible for leading Bridgestone’s North American commercial and strategic direction. The tyre maker says he will be instrumental in “harnessing resources for continued growth of the division, solidifying Bridgestone’s commitment to the mining, construction, aggregates, as well as road and bridge and port business segments.”
Brisa, manufacturer of the Lassa brand, has become the Official Partner of round the world solar flight team – Solar Impulse in Turkey. Solar Impulse has set 1 March as the first possible take-off date for its first round-the-world solar flight starting from Abu Dhabi. During its stopovers throughout its inter-continental journey, Solar Impulse will […]
Happy 100th, General Tire. This year marks the centenary of the brand’s debut, and although it has witnessed a few changes, and changes in fortune, in the past hundred years, the ‘General’ begins its second century in good shape and today boasts a wide range of car, 4x4, truck and industrial tyres.
In the US, Bridgestone is bidding farewell to one of its top managers and welcoming another on board. After a total of 16 years in the ‘rubber city’ of Akron, Ohio, Bridgestone Americas’ chief technology officer Hideo Hara is returning to Bridgestone Japan to assume the role of Bridgestone fellow. And within the tyre maker’s agricultural business, Tony M. Orlando has been appointed to lead operations.
Goodyear’s Kramer confirmed as World Rubber Summit keynote speaker
Richard J. Kramer, chairman and CEO of Goodyear Tire and Rubber, will discuss current and emerging trends shaping the global tyre and rubber industries with delegates at the upcoming World Rubber Summit, which will take place alongside Tyrexpo Asia in Singapore on 24 and 25 March.
Netherlands-based industrial tyre manufacturer Magna Tyres and its official agent in South Korea will supply a “considerable quantity” of M-Straddle tyres to one of the world’s largest container terminals as part of a new one-year contract. Magna Tyres and its agent, Hyoshin Hispec Co. Ltd, signed an official contract with BNCT (Busan New Container Terminal) this week and will provide unspecified but large numbers of the M-Straddle in size 16.00R25 over a 12 month period.
Trelleborg acquires French industrial tyre distributor
Through its Trelleborg Wheel Systems business area, Sweden’s Trelleborg AB has finalised the acquisition of French industrial tyre distributor D.G. Manutention Services SAS (DGMS), a company active in southern France and specialising in the distribution and service of industrial tyres, such as those fitted on forklifts. The transaction was consolidated on 1 February.
TIA supports free market tyre recovery over producer responsibility
The Tire Industry Association (TIA) has issued a position statement on scrap tyre recovery, in which the association comes out in support of free market approaches over and above producer responsibility schemes.
The statement, which was developed by the associations Environmental Advisory Council (EAC), says “the association promotes and supports a competitive, market-based system to manage the flow of scrap tyres and scrap tyre materials” and points to the success already achieved with this approach – notably a purported tyre recovery rate approaching 90 per cent.
Indian tyre manufacturer JK Tyre has reported consolidated net profits of $14.8 million for its third quarter of 2014, which ended 31 December 31, 2014. The quarterly profit report represents an increase of more 56 per cent compared with the same period last year. JK Tyre’s turnover in the period amounted to $322 million. Raghupati […]
Toyo reports 169% increase in full-year 2014 net income
Toyo Tire & Rubber Co., Ltd. has reported 2014 consolidated business results showing net sales of 393,782 million yen (£2.146 billion; 2.899 billion euros, US$3.305 billion), up 6.4 per cent compared with 2013. Operating income amounted to 47,510 million yen (£259.657 million; 349.804 million euros; $398.756 million), a 27.6 per cent up on 2013. However, the fastest increase was in the net income category where the full-year total of 31,240 million yen (£170.281 million; 230.012 million euros; $262.2 million) was up a huge 169.4 per compared with a year ago.
Kumho sponsoring two further German football clubs
In addition to its newly-signed deal with Champions League and German Bundesliga team FC Schalke 04, Kumho Tyre has come on board as tyre partner for two further German clubs. Hamburger SV and Hertha BSC will be sponsored by the tyre maker until the end of the 2016/17 season.
An event was held yesterday to mark the official start of work on Giti Tire’s new facility in the USA. Local and company dignitaries, including Giti Tire executive chairman Enki Tan, were present at the Chester County site in South Carolina to mark the groundbreaking with a ceremonial shovelful of soil.
DriveRight has made Sacha Hold responsible for the worldwide sales activities of the independent supplier of international wheel and tyre data. As the chief marketing officer (CMO), Hold leads the international sales team of the company which has its headquarters in Cardiff, Wales. In this position, he has been appointed to the leadership team of […]
The winners of this year’s Tire Technology International Awards for Innovation and Excellence were announced yesterday at a ceremony in Cologne, Germany, and Michelin has come out on top in two of the five awards categories.
Demand in the Russian light vehicle automotive market has crashed following what some analysts have called a “perfect storm” of contributing factors. As a result the countrys light-vehicle market suffered a massive 24.4 per cent year-on-year decline in sales during January to 115,390 units (down 32,272 units).
IHS Automotive said this was the result of “a perfect storm in macroeconomic terms with rising prices, declining spending power, eroded confidence and the economic effect of sanctions on the Russian government.” The worst thing is that this is despite the renewal of the Russian governments vehicle scrappage scheme. And it looks like it won’t get any better. IHS Automotive forecasts that the Russian light-vehicle sales will fall by 27.4 per cent year-on-year in 2015 to 1.81 million units.
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