![Auto and tyre cross-border forum focuses on future development](https://www.tyrepress.com/wp-content/uploads/2023/06/auto-tyre-cross-border-summit.jpg)
Auto and tyre cross-border forum focuses on future development
On June 9, the 2023 Auto-Tyre Cross-border Development Summit Forum was held in Beijing. The theme of this forum is “Looking forward, responding to changes”. Representatives attending the meeting came from automobile manufacturers such as Chery, Great Wall Motor (GWM) and BAIC and tyre manufacturers such as Michelin, Maxxis, Triangle and Giti.
Continue Reading![Lv Xiaoyan resumes role as Linglong CFO](https://www.tyrepress.com/wp-content/uploads/2023/06/linglong-lv-xiaoyan.jpg)
Lv Xiaoyan resumes role as Linglong CFO
Two Linglong Tire vice presidents have changed roles within the company, reports our sister website Tyrepress China. Due to job changes, Chen Xuemei resigned as vice president, but continues to hold other positions in Linglong. Li Wei resigned as chief financial officer (CFO), but remains a vice president at the tyre maker and a director on the board. Lv Xiaoyan, vice president of Linglong, took over from Li Wei and concurrently serves as CFO.
Continue Reading![Doublestar and Kumho’s horizontal competition resolution postponed](https://www.tyrepress.com/wp-content/uploads/2023/06/kumho-admin.jpg)
Doublestar and Kumho’s horizontal competition resolution postponed
Recently, the tyre manufacturer Qingdao Doublestar received the “Commitment on Delaying the Resolution of Horizontal Competition” from the controlling shareholder Doublestar Group. Doublestar Group stated that “it is not yet ripe for solving horizontal competition through asset injection, which is not conducive to the rights and interests of Qingdao Doublestar, and there is great uncertainty”. It is reported that Doublestar Group has decided to extend the fulfilment period of the original commitment for three years to July 5, 2026. Tyrepress China learned that the Doublestar Group also mentioned that it is “looking for other solutions that are more conducive to solving horizontal competition and can promote the development of Qingdao Doublestar”.
Continue Reading![Hwa Fong Rubber sells Changshu facilities](https://www.tyrepress.com/wp-content/uploads/2023/06/hwafong-rubber.jpg)
Hwa Fong Rubber sells Changshu facilities
Taiwanese tyre manufacturer Hwa Fong Rubber has sold the land and facilities of its subsidiary Hwa Fong Rubber (Suzhou), located in Changshu City, Jiangsu Province, China, to Changshu Economic Development Zone Construction Development Co., Ltd. for 276 million yuan, reports Tyrepress China. The company said the deal could help it save management costs, revitalise assets and enrich working capital. The total size of the land sold is 184,222 square meters, while the facilities cover 110,786.45 square meters. Hwa Fong Rubber will carry out relocation work in the future.
Continue Reading![TMD Friction expands into new territories with brake relining accreditation](https://www.tyrepress.com/wp-content/uploads/2023/06/TMD-Friction.jpg)
TMD Friction expands into new territories with brake relining accreditation
PartsXpert Wijlhuizen BV Arnhem is the first company on the mainland of Europe to receive the commercial vehicle brake relining accreditation from TMD Friction, with other countries following soon, including Romania, Poland and additional countries as TMD Friction continues to provide customers with high levels of support across a global basis.
Continue Reading![Banner to expand in Chinese market](https://www.tyrepress.com/wp-content/uploads/2023/06/Banner-expands.png)
Banner to expand in Chinese market
As part of its ‘Agenda 2030’ corporate development strategy, Banner has taken the decision to establish a major presence in China. Representing an opportunity to realise significant sales penetration in what is one of the world’s largest markets, Banner has signed a licensing agreement with leading battery manufacturer, LEOCH.
Continue Reading![New TyrepressChina.com website growing fast](https://www.tyrepress.com/wp-content/uploads/2023/06/TPC.png)
New TyrepressChina.com website growing fast
In its first few months of publication, TyrepressChina.com is already reporting monthly pageview figures in the tens of thousands. Those familiar with our international publishing group, will already know Tyrepress.com, Reifenpresse.de and PneusNews.it which cover the latest tyre market news and analysis in the English, German and Italian languages respectively. TyrepressChina, builds on the success of the globally-recognised Tyrepress brand, delivering professional business-to-business editorial content to the world’s largest tyre production base in Mandarin – the most prominent language in the Chinese market.
Continue Reading![Yokohama Geolandar tyres OE on new Mazda CX-90](https://www.tyrepress.com/wp-content/uploads/2023/06/2023060917tr001_2-scaled-e1686319363963.jpg)
Yokohama Geolandar tyres OE on new Mazda CX-90
The Yokohama Rubber Co. Ltd. is supplying its Geolandar X-CV tyres as original equipment (OE) for Mazda Motor Corporation’s new crossover SUV, the Mazda CX-90, sales of which were launched in the United States in April 2023. The CX-90, which is not being sold in Yokohama’s home Japanese market, is being fitted with 265/55 R19 109V tyres.
Continue Reading![Ascenso Tyres CE adds Eastern Europe and OE2 sales managers](https://www.tyrepress.com/wp-content/uploads/2023/06/ASCE1-scaled.jpg)
Ascenso Tyres CE adds Eastern Europe and OE2 sales managers
Ascenso Tyres CE GmbH (ASCE), founded in 2020 and based in Wallenhorst, Germany, has added two members to its sales team bid to further its ongoing expansion plans.
Continue Reading![Huasheng Rubber’s “Huasheng Dream”](https://www.tyrepress.com/wp-content/uploads/2023/06/IMG_1379.jpg)
Huasheng Rubber’s “Huasheng Dream”
In 1983, Zhang Shulin, Huasheng Rubber’s founder, began producing agricultural machinery springs, sealing rings and motorcycle rubber pedals in his six bungalows. 40 years later, this family workshop evolved into a large tyre company with five factories and over 7,000 employees. In the list of the top 100 companies released by the China Rubber Industry Association in 2023, Huasheng Rubber ranked 16th among tyre manufacturers with a revenue of 5.17 billion yuan (international brands, including Michelin, in this ranking, only count China company performance). We were curious about how this company survived the highly competitive Chinese tyre industry and realised the “Huasheng Dream” step by step. With this question in mind, Tyrepress China interviewed Zhang Jing, deputy general manager of Huasheng Rubber, during the 2023 Guangrao Tyre exhibition.
Continue Reading![Pirelli wins Jaguar Land Rover ‘Supplier of Excellence’ Award](https://www.tyrepress.com/wp-content/uploads/2023/06/Pirelli-JLR-award.jpg)
Pirelli wins Jaguar Land Rover ‘Supplier of Excellence’ Award
Pirelli has been honoured as a winner at the prestigious Jaguar Land Rover (JLR) Supplier of Excellence Awards. The ceremony, held in the UK at The Grove in Hertfordshire and hosted by television personality Gabby Logan, took place for the seventh year to celebrate the exceptional achievements of suppliers and their extraordinary contribution to JLR’s business over the course of the last year.
Continue Reading![Editorial: Dawn of a new era](https://www.tyrepress.com/wp-content/uploads/2023/06/flag-1645248_1920.jpg)
Editorial: Dawn of a new era
As the June edition of Tyres & Accessories went to press, the UK celebrated the coronation of a new monarch. Tyres & Accessories marked the occasion too, as this special coronation edition demonstrates from its cover celebratory onwards. And, if NTDA HQ’s announcement about taking coronation day off to celebrate, paired with the association’s encouragement that tyre retailers from across the UK should do the same is anything to go by, we certainly werent the only ones.
Continue Reading![Pre-Q Galgo Corporation exhibits at 2023 TAPT Conference](https://www.tyrepress.com/wp-content/uploads/2023/06/Pre-Q-at-2023-TAPT-bus-show-scaled.jpg)
Pre-Q Galgo Corporation exhibits at 2023 TAPT Conference
Pre-Q Galgo Corporation exhibited at TAPT (Tennessee Association of Pupil Transportation) conference on 6 June 2023, in Pigeon Forge, Tennessee.
Continue Reading![GRI Green XLR Earth field tested in Germany](https://www.tyrepress.com/wp-content/uploads/2023/06/GREEN-XLR-EARTH-65-Testing-1-scaled.jpg)
GRI Green XLR Earth field tested in Germany
GRI’s recently launched Green XLR Earth Series has been undergoing field testing in Germany for the last 6 months. The manufacturer also refers to testing in “other European countries”. According to the company, the tyres contain 78.6 per cent sustainable material, including pure natural rubber sustainably sourced from Sri Lankan rubber farmers. Other input materials include: recycled carbon black, reclaimed rubber, highly dispersible silica, soybean oil and bio-sourced cellulose fibres. The use of bio-sourced soybean oil, combined with next-generation HD Silica, reportedly improves fuel economy and extends tyre life.
Continue Reading![S8 Capital set to acquire the Russian Bridgestone tyre factory](https://www.tyrepress.com/wp-content/uploads/2022/03/the-flagpole-2877540_1920.jpg)
S8 Capital set to acquire the Russian Bridgestone tyre factory
S8 Capital, which recently acquired the Continental plant, is set to acquire the Bridgestone tyre plant in Ulyanovsk, Russia and become the country’s second-largest tyremaker. According to the Pravda newspaper, the acquisition marks the continuation of S8 Capitals expansion into the tyre industry. Post-acquisition S8 Capital will be second only to Tatneft, which acquired a Nokian Tires plant in the Leningrad region earlier this year, in terms of tyre manufacturing capacity.
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