![Giti becomes official tyre partner of BK Mladá Boleslav](https://www.tyrepress.com/wp-content/uploads/2023/03/BK-Mlada-Boleslav-2.jpg)
Giti becomes official tyre partner of BK Mladá Boleslav
Giti Tire’s support for European ice hockey has been enhanced with its sponsorship of top-flight Czech Republic team, BK Mladá Boleslav. The brand will become the team’s official tyre partner, with its logo on advertising boards and players pants. It will include several VIP events, which the company will use for distribution and sales partners. The new deal will enhance Giti’s involvement in the Champions Hockey League, for which the manufacturer’s GT Radial brand is the official tyre partner.
Continue Reading![Nortec tyre fires compound Russian military tyre supply bottleneck](https://www.tyrepress.com/wp-content/uploads/2023/03/Nortec-Altai-Fire.png)
Nortec tyre fires compound Russian military tyre supply bottleneck
As the war in Ukraine drags on into its second year, ongoing vehicle usage as well as the kind of tyre failure episodes that have been reported for the last 12 months mean Russian military tyre supply is as stretched as ever. Indeed, some social media videos show Russian military equipment in active service with less than a complete set of tyres.
Continue Reading![Russian Army military tyre problems continue](https://www.tyrepress.com/wp-content/uploads/2023/03/31-years.png)
Russian Army military tyre problems continue
Roughly a year after Russia invaded Ukraine, tyre problems remain a significant hindrance for the Russian army. 12 months ago we reported on how tyre selection and product quality had resulted in military machinery literally getting stuck in the mud and Russian military tyres failing on certain occasions. Now, further evidence suggests that long-term tyre maintenance as well as tyre supply problems are causing additional bottlenecks.
Continue Reading![Goodyear: Avon will remain in our portfolio both for passenger and motorcycle tyres](https://www.tyrepress.com/wp-content/uploads/2018/06/TVR-Griffith-Goodwood-Revival-2.jpg)
Goodyear: Avon will remain in our portfolio both for passenger and motorcycle tyres
Following reports that Avon is set to become a two-wheel/motorcycle-only tyre brand in Germany in the future, Goodyear representatives have sought to clarify that the Avon brand will remain in the company’s product portfolio both for passenger and motorcycle tyres.
Continue Reading![Is Avon now a motorcycle tyre brand?](https://www.tyrepress.com/wp-content/uploads/2023/03/Cooper-im-Goodyear-Markenstrauss-Avon-Schramm_tb.jpg)
Is Avon now a motorcycle tyre brand?
Following Goodyear’s takeover of Cooper and the integration of the German Cooper sales organization in Goodyear Germany, the German wing of Gooodyear EMEA has added two more logos to its product portfolio, those of the Cooper and of Avon brands. However, the German introduction of the latter is bringing with it significant changes in the Avon brand’s positioning.
Continue Reading![Bridgestone becomes title sponsor of FIA ecoRally Cup in multi-year support deal](https://www.tyrepress.com/wp-content/uploads/2023/03/2023-03-03-131-scaled.jpg)
Bridgestone becomes title sponsor of FIA ecoRally Cup in multi-year support deal
Bridgestone has partnered the Fédération Internationale de lAutomobile (FIA) as the title partner for its sustainability focused competition. The tyre manufacturer has signed a multi-year support agreement for the Bridgestone FIA ecoRally Cup, which aims to address major environmental concerns and foster positive behaviour amongst competitors. The competition was created in 2006. It sees production, road-legal electric vehicles running without modification in regularity events.
Continue Reading![Nokian Tyres Russia applies for new brand patents](https://www.tyrepress.com/wp-content/uploads/2015/08/madeinrussia.jpg)
Nokian Tyres Russia applies for new brand patents
Toward the end of December 2022, we reported that Tatneft had applied for FAS approval to buy the Nokian Tyres St. Petersburg factory. That deal, which is yet to be completed, centred on “the acquisition of 100 per cent of “Nokian Tyres LLC, Hakka Invest LLC and Nokian Shina LLC from Nokian Tyres” for just over 400 million euros. Around the same time, the Russian national patenting body, Rospatent, reported that Nokian Tyres LLC, which operates Nokian’s Russian tyre for the Finnish tyremaker, had filed applications for the registration of new trademarks.
Continue Reading![Michelin to sell Russian factory to local tyre wholesaler](https://www.tyrepress.com/wp-content/uploads/2023/02/Michelin-Davidovo_tb.jpg)
Michelin to sell Russian factory to local tyre wholesaler
Despite initially planning to sell its Davydovo, Russia tyre production plant to the factory’s local management, Michelin is now in talks with Moscow-based Power International Shiny LLC. Michelin reportedly hopes to reach an agreement with the new buyers soon.
Continue Reading![Hankook Tire chairman arrested](https://www.tyrepress.com/wp-content/uploads/2020/04/Cho-Hyun-Bum.jpg)
Hankook Tire chairman arrested
On 9 March, Cho Hyun-bum, chairman of Hankook Tire, was arrested. The charges against him include illicit inter-affiliate trading, embezzlement and breach of trust. According to Yonhap News Agency, the amount involved in Cho Hyun-bum’s embezzlement and breach of trust may exceed 20 billion won (about £12.7 million; €14.3 million). It is reported that the Seoul Central District Court in South Korea issued an arrest warrant for Cho Hyun-bum in order to safeguard evidence after a court hearing on 8 March.
Continue Reading![Apollo Tyres MD: ‘Our emphasis is back on America’](https://www.tyrepress.com/wp-content/uploads/2016/11/Kanwar-Neeraj-RS_3-sml.jpg)
Apollo Tyres MD: ‘Our emphasis is back on America’
10 years after Apollo Tyres’ bid to acquire Cooper Tire fell through, vice-chairman and managing director Neeraj Kanwar says the company is putting its emphasis on back on North America and even hinted at the goal of building a tyre production facility there.
Continue Reading![Continental “at an advanced stage of the sale” of Russia tyre factory](https://www.tyrepress.com/wp-content/uploads/2022/03/plant-kaluga.jpg)
Continental “at an advanced stage of the sale” of Russia tyre factory
In June 2022, Nokian Tyres was the first tyre manufacturer to use the terms “controlled exit” to describe its withdrawal from operations in Russia. Now, Continental has joined them, with Conti CEO Nikolai Setzer using very similar language as part of the German tyre and automotive supplier’s full-year 2022 financial results presentation.
Continue Reading![Continental’s tyre division contributes 94.4 per cent to group EBIT](https://www.tyrepress.com/wp-content/uploads/2023/03/jahrespressekonferenz__4_-scaled.jpg)
Continental’s tyre division contributes 94.4 per cent to group EBIT
Following Continental’s mid-January preview of its key figures for the past financial year, the tyre and automotive supplier has officially released its 2022 full-year figures.
Continue Reading![NeroForce expands ‘AIR’ buffing blade range](https://www.tyrepress.com/wp-content/uploads/2023/03/Press_AIR-scaled.jpg)
NeroForce expands ‘AIR’ buffing blade range
NeroForce has expanded its range of buffing blades to a total of 20 different types with the introduction of the new “AIR” blades for Saturn III and R115 rasp heads. Over the past four years, NeroForce has established its position in retreading tools, especially in the buffing blade sector.
Continue Reading![Vipal exhibits at 68th OTR Tire Conference](https://www.tyrepress.com/wp-content/uploads/2023/03/OTR2.jpg)
Vipal exhibits at 68th OTR Tire Conference
In the USA, Vipal Rubber exhibited at the 68th Off-the-Road Tire Conference fair. Running between 22 and 25 February at the Hilton Tucson El Conquistador Golf & Tennis Resort in the city of Tucson, Arizona and organized by the Tire Industry Association, the OTR Tire Conference presents innovations from the off-road sector.
Continue Reading![Summer tyre prices up 23% since 2020 in Germany – Idealo](https://www.tyrepress.com/wp-content/uploads/2023/03/Idealo-Preisentwicklung-Sommerreifen-2020-2022.jpg)
Summer tyre prices up 23% since 2020 in Germany – Idealo
The average price of summer tyres in the German market has risen by 23 per cent in just two years. Idealo Internet GmbH told Tyrepress’s German sister site Reifenpresse, that the various crises and subsequent inflationary pressures have driven prices up. The average asking price for all summer tyres on Idealo’s comparison platform of the same name has increased from 99 euro (2020) to 108 euro (2021) to 122 euro last year. This corresponds to an increase of almost a quarter within just two years.
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