![Aeolus now supplying 63-inch tyres to OTR market](https://www.tyrepress.com/wp-content/uploads/2023/04/aeolus-63-otr.jpg)
Aeolus now supplying 63-inch tyres to OTR market
Aeoluss first batch of 63-inch OTR tyres was shipped from the company’s Jiaozuo manufacturing base on 11 March. The specification model of this batch of tyres is 59/80R63. Aeolus said that these giant tyres were sent to key overseas markets. The manufacturer said that a giant tyre weighs nearly 6 tons with a diameter for more than 4 metres and is mainly used for mining dump trucks, around 400 tons.
Continue Reading![Yokohama Rubber sells US wholesale subsidiary](https://www.tyrepress.com/wp-content/uploads/2023/04/ft-truck-sml.jpg)
Yokohama Rubber sells US wholesale subsidiary
Yokohama Corporation of North America (YCNA) has sold the assets of Missouri-based tyre wholesaler Friend Tire Company (FTC) to tyre dealer network and retreader Southern Tire Mart (STM). The agreement was finalised on 1 April 2023.
Continue Reading![Sentury Tire Spain factory still set to start construction in 2023](https://www.tyrepress.com/wp-content/uploads/2023/04/Firma-Compromiso_-Contratacion-2-scaled-1-scaled-e1680537923382.jpg)
Sentury Tire Spain factory still set to start construction in 2023
While Sentury recently confirmed it is investing in a factory across the Mediterranean in Morocco, on 27 March 2023 officials once again confirmed that the Spain factory is set to begin construction this year. In addition, at the same time, executives agreed to prioritise the employment of ex-Endesa workers when the local power station closes. Indeed, the mayor of Las Pontes, Valentín González Formoso, and Qin Long, president of Sentury Tire, signed an agreement to that effect.
Continue Reading![Nexion Group and ATR International AG continue collaboration](https://www.tyrepress.com/wp-content/uploads/2023/03/Press_Release_ATR_NEXION_contract_renewal.jpg)
Nexion Group and ATR International AG continue collaboration
Nexion Group and ATR International AG report that during 2023 they are continuing their cooperation in the Automotive Repair sector. The main objective of the agreement is to facilitate new collaborations between Nexion and ATR-associated companies and reinforces what’s already in place.
Continue Reading![Yokohama launches Geolandar A/T XD in North America and Australia](https://www.tyrepress.com/wp-content/uploads/2023/03/2023033117tr002_2-scaled-e1680277588619.jpg)
Yokohama launches Geolandar A/T XD in North America and Australia
During March, The Yokohama Rubber Co., Ltd., “gradually” launched sales of the new Geolandar A/T XD all-terrain pickup truck tyre in North America and Australia. The Geolandar A/T XD is initially coming out in a range of 16, 17, 18 and 20-inch sizes.
Continue Reading![Yokohama expands Yoshikuni Nakamura’s role](https://www.tyrepress.com/wp-content/uploads/2020/10/59_QWJzdHJhY3QgYmFja2dyb3VuZCB3aXRoIGVhcnRoLmpwZw-scaled-e1602237450291.jpg)
Yokohama expands Yoshikuni Nakamura’s role
The Yokohama Rubber Co., Ltd. has appointed Yoshikuni Nakamura as Member of the Board and Managing Officer, Head of Tire Business Planning Div., in charge of Tire Overseas Sales & Marketing Div., in charge of Corporate Social Responsibility Div., in charge of Tire Logistics Div.
Continue ReadingGuizhou Tyre suffered death at work during 2022
On 15 March, the government authorities in Xiuwen County, where Guizhou Tyre (also known as Advance Tyre) is located, fined the tyre manufacturer 500,000 yuan (about £59,000; €67,000). Tyrepress China has found that the punishment was related to a production safety accident half a year ago. On 30 August 2022, a mechanical injury accident occurred in Guizhou Tyre Rubber Compounding Branch, resulting in the death of one person.
Continue Reading![Going, going, gone: Nokian Tyres has left Russia](https://www.tyrepress.com/wp-content/uploads/2023/03/Russia-border-sml.jpg)
Going, going, gone: Nokian Tyres has left Russia
In a stock exchange release published this morning, Nokian Tyres plc confirms it has completed the sale of its operations in Russia to vertically integrated oil and gas company PJSC Tatneft after finishing local registration formalities. The Finnish company has “now ended all its operations in Russia,” but this doesn’t mean that the Nokian name will immediately disappear from this market.
Continue Reading![Tatneft will sell some Nokian Tyres in certain markets](https://www.tyrepress.com/wp-content/uploads/2023/03/NokianRu-e1682598373989.png)
Tatneft will sell some Nokian Tyres in certain markets
Visit NokianTyres.ru today and you will be greeted with the following message: “All Nokian Tyres operations in Russia have ended. For guarantee services and other product information please visit www.vsevtyres.ru.” Browse over to vsevtyres.ru and you will find a page that looks identical to the former Nokian Tyres site. This development follows the sale of Nokian Tyres’s Russian operations to Tatneft and the rebranding of Nokian Tyres’s Vianor tyre retail business as Ivanor in Russia. So who is selling Nokian brand tyres in Russia and Russia-speaking markets? Is it Nokian Tyres or Tatneft?
Continue Reading![Bridgestone returns as World Solar Challenge title sponsor](https://www.tyrepress.com/wp-content/uploads/2023/03/worldsolarchallengeemia29-03-23-sml.jpg)
Bridgestone returns as World Solar Challenge title sponsor
The World Solar Challenge 2023 will take place in October and, following the biennial event’s cancellation two years ago, Bridgestone Corporation returns as title sponsor. Bridgestone views its sponsorship as one that aligns with the companys commitment to sustainability and innovation.
Continue Reading![Hankook Tire chairman Cho indicted](https://www.tyrepress.com/wp-content/uploads/2023/03/Hankook-Cho-Hyun-Bum_tb-1.jpg)
Hankook Tire chairman Cho indicted
Arrested on 6 March 2023, Hankook Tire & Technology chairman Cho Hyun-bum has now been indicted on charges of illicit inter-affiliate trading, embezzlement and breach of trust.
Continue Reading![S8 Capital might acquire Continental’s Russian assets](https://www.tyrepress.com/wp-content/uploads/2023/03/plant-kaluga1.jpg)
S8 Capital might acquire Continental’s Russian assets
Drawing upon information from two anonymous sources, Russian newspaper Kommersant has named Moscow-based holding company S8 Capital as a potential purchaser of Continental’s assets in Russia, including its tyre plant in Kaluga. Kommersant shares that S8 Capital, owned by entrepreneur Armen Sargsyan, has already acquired a lift manufacturing facility in St. Petersburg from Otis Worldwide Corporation.
Continue Reading![New warehouse for Nokian Tyres’ USA plant](https://www.tyrepress.com/wp-content/uploads/2023/03/Nokian_Tyre_Dayton_Factory_Warehouse.jpg)
New warehouse for Nokian Tyres’ USA plant
Nokian Tyres has begun construction work on a finished goods warehouse at the Dayton, Tennessee production site where it is currently doubling production capacity for all-season and all-weather tyres and adding light truck tyres to the product mix. The warehouse will hold as many as 600,000 tyres and should be ready for use by mid-2024.
Continue Reading![100 millionth tyre made at Yokohama Virginia factory](https://www.tyrepress.com/wp-content/uploads/2023/03/Salem-YTMV-scaled.jpg)
100 millionth tyre made at Yokohama Virginia factory
On 23 March, the 100 millionth Yokohama tyre – Geolandar A/T G015 – rolled off the production line at the company’s Salem, Virginia factory.
Continue Reading![Russia: Premium tyre makers bear brunt of 15% market decline](https://www.tyrepress.com/wp-content/uploads/2023/03/RusFact-sml.jpg)
Russia: Premium tyre makers bear brunt of 15% market decline
A total of 35.1 million tyres for all powered applications were sold in Russia in 2022, reports daily newspaper Kommersant. This figure represents a year-on-year decrease of 14.9% that disproportionately weighed upon the premium tyre segment. Tyre makers based within the country produced 42.7 million tyres within the year.
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