Goodyear cuts 700 Asia Pacific jobs
The Goodyear Tire & Rubber Company approved “a rationalization plan in Asia Pacific to improve profitability in its Australia and New Zealand operations” on 19 September 2023. The plan exits 100 retail and fleet locations and nine warehouses at the cost of 700 jobs. In other words, it changes the company’s operating model to a third-party distribution and retail sales model instead of a company-owned approach. That specifically means moves such as the recent appointment of National Tyre & Wheel Limited (National) as the exclusive distributor of the Dunlop tyre brand in Australia and New Zealand.
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Menzies wins 2023 Baja 400 in Toyo Tires equipped Trophy Truck
Bryce Menzies has won the Baja 400 for the third consecutive year in his Toyo Tires equipped Trophy Truck. Menzies previously claimed the Baja 500 and Mexican 1000 Races in 2023. Toyo-equipped trucks won all three trophy truck classes: Gustavo Vildósola Sr secured another victory in the Trophy Truck Legends class, while Jason McNeil claimed top spot in the Trophy Truck Spec class. These successes translate into a commanding lead in championship points across all three Trophy Truck categories this season. Each driver is now poised to begin the upcoming SCORE Baja 1000 race in November from pole position.
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Toyo Tires joins Luka Dončić at lake Bled launch
Toyo Tires joined Dallas Mavericks guard Luka Dončić at the launch of his new Nike basketball shoe, the Luka 2 Lake Bled on 16 September. Attended by several NBA stars, the event included a 3x3 basketball tournament on a floating court on picturesque Lake Bled, Slovenia. Toyo Tires said it was pleased to partner with Dončić on the launch event; the tyre maker presented its brand to spectators at the match along with the thousands of viewers of the event on the TV and YouTube broadcast.
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Galgo celebrates 25 years in the US and Canada
Pre-Q Galgo Corporation celebrated 25 years in the US & Canada at a recent meeting at their corporate office in Dallas, Texas. Galgo began producing rubber products in August 1952 in Mexico City, Mexico.
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New Dunlop distributor for Australia & New Zealand
National Tyre & Wheel Limited (National) is to become the exclusive distributor of the Dunlop tyre brand in Australia and New Zealand. Wholly owned subsidiaries of the importer and wholesaler signed agreements with Goodyear and Dunlop Tyres (Aust) Pty Ltd and Goodyear & Dunlop Tyres (NZ) Limited on 20 September.
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Bridgestone’s first carbon neutral tyre plant
The Bridgestone plant at Chakan in Pune, India is the company’s first tyre manufacturing site to be verified as carbon neutral (scopes 1 and 2). Global assurance partner audited the facility in May and June 2023 and subsequently verified it according to the international PAS 2060:2014 standard for the year 2022.
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Growth in Spain impressive, says Point S
Point S reports “impressive early growth” in its Spanish network. Since launching in this Iberian market in April 2023, nine points of sale in locations such as Barcelona, León, Bilbao, and Navarra have joined the global Point S family.
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Belgium’s Risorce secures €12.5 million for ELT pyrolysis plant
Risorce, a Belgian company active in the transportation and trading of end-of-life tyres, has closed a 12.5 million euro round of financing to fund a new end-of-life tyre recycling plant in Liège Province. This facility will utilise the pyrolysis process and have the capacity to process 2.4 million tyres a year, around half the waste car tyres collected in Belgium.
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New Hankook Ventus Race tyre makes successful debut in 24H Series in Barcelona
Hankook’s newest Ventus Race tyre, the C54 H, a slightly lighter model than its predecessor, made its debut at the Hankook 24H Barcelona. The European finale of the 24H Series powered by Hankook proved a fitting challenge for the new tyre, subjecting it to high levels of stress on the coarse asphalt and unique kerbs of the Formula 1 hosting circuit in Catalonia. Hankook says the new Ventus Race passed these tests with flying colours, helping the overall winner to set a new record distance of 725 laps.
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Giti-sponsored Truck Team Holten delivers four-by-four
Giti-sponsored Truck Team Holten’s modified Mercedes 1622 800HP finished in fourth place in the Rallye Breslau while completing its fourth consecutive year on a set of Giti tyres. The Netherlands-based team entered two vehicles in the Cross Country Trucks category, with the Mercedes team recording five top three finishes in a field of 10 while the Scania 4x4 630 started well, completing the prologue and the first two legs before having to withdraw with significant engine damage. Both vehicles fit the Giti GAO897 mixed service tyre in size 14.00R20. The tyre is designed to work across a wide range of air pressures to optimise performance in different conditions and in temperatures ranging from 55˚C to a minimum of -40˚C.
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Enso named finalists in Earthshot prize for EV tyres
London-based specialist Electric Vehicle (EV) tyre technology company Enso has been named as one of the 15 global finalists for The Earthshot Prize, which was launched by Prince William in 2020.
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Jiangsu General’s Thailand plant starts second phase
Recently, Jiangsu General announced that it will invest 1.884 billion yuan (approximately £210 million; €240 million) to launch the second phase of the Chinese tyremaker’s Thailand factory. The expansion will add 500,000 all-steel radial tyres and 6 million semi-steel radial tyres to the Thailand production base. It is worth noting that the tyre manufacturer only disclosed that the project’s construction period is 24 months but did not announce the planned start and end time.
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Haohua Tire gains investment certificate for Vietnam plant
Vietnam’s Binh Phuoc Province shares that the chair of its Provincial People’s Committee issued an investment registration certificate to Chinese tyre maker Shandong Haohua Tire on 11 September 2023. As Tyrepress.com reported in July, Haohua intends to invest US$500 million to build a factory in Vietnam capable of producing 12 million semi-steel radial tyres for cars and other light vehicles and 2.4 million all-steel truck radials a year.
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Nexen confirms Spanish Police tyre supply deal
Following the news that Nexen Tire and Grupo Soledad are partnering to supply the Korean tyre maker’s products to the Spanish Policia Nacional, Nexen representatives have confirmed the details.
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Almost 800 Fruehauf trailers recalled due to Saf-Holland TPMS issue
Fruehauf Inc. (Fruehauf) is recalling certain 2025 Composite trailers equipped with the Tire Pilot Plus tyre pressure regulation systems (TPRS) in the USA. According to National Highway Traffic Safety Administration (NHTSA) documentation 786 trailers are affected and all eight tyres on affected trailers “may experience a loss of tyre pressure while driving faster than 45 mph.”
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