Goodyear Appoints European Legal Chief
Goodyear Dunlop has appointed Dominque Golsong as its European legal chief, reports Lawyer News. Mr Golsong, the former associate general counsel of Dow Corning Corporation, the silicones and silicones-based products, technologies and services company, joined the manufacturer last month in his new position. Replacing Philip Regnault, who retired after three years with Goodyear Dunlop he will be responsible for the company’s EU strategic business unit as well as the Eastern Europe, Middle East and Africa strategic business unit. Prior to Dow Corning, Mr Golsong was a corporate lawyer in Linklaters Brussels office, after which he joined New York-based firm Sullivan & Cromwell.
Continue ReadingNHTSA Bows Again to Car Manufacturers
(Akron/Tire Review) Initial analysis of NHTSA’s final regulations mandating tyre pressure monitoring systems (TPMS) on all new passenger vehicles shows the new regulations are badly flawed, raising questions about how well they will protect drivers. And they illustrate clearly just how much sway the car manufacturer lobby has with the safety agency, and how little consideration the logical and correct argument raised by the tyre industry and the automotive aftermarket really received.
Continue ReadingCanadian Tire Announces New Five-Year Strategic Plan
(Akron/Tire Review) Canadian Tire has introduced its 2005-2009 strategic plan, which includes establishing up to 285 new and replacement retail stores, to shareholders.
Continue ReadingAgreement Reached On Cooper Strike
(Akron/Tire Review) Reports out of Texarkana, Arkansas, indicate that a tentative agreement has been reached between Cooper Tire & Rubber Co and striking United Steelworkers of America (USWA) employees. No details of the agreement, believed to be a three-year deal, are available.
Continue ReadingFurther Appointments at Stapletons
National tyre wholesaler, Stapletons has made strategic supply chain appointments. Ian Kirkpatrick will move from his role as national logistics manager becoming head of supply chain as part of the company’s ambitions to work even closer with UK and worldwide tyre manufacturers.
Continue ReadingCooper Tire Counts Cost of Production Halt
Cooper Tire & Rubber Co has warned that a production halt at its Texarkana, Arkansas, facility on 12 March will affect first-quarter earnings by 5 cents to 7 cents a share, Market watch has reported.
Continue ReadingUS Tyre Shipments – Mixed Fortunes
There was good news and bad news when figures detailing tyre shipments in the US market were released recently. In the replacement market, passenger car tyre shipments for March rose 4.4 per cent over the same month last year to 18.2 million units. OE shipments, however, were down 10.9 per cent, to 4.7 million units. For light trucks, replacement shipments fell 3.8 per cent, to 3 million units, and the OE market shipments were down 23.1 per cent, to 0.6 million units. Passenger car tyre shipments for the first quarter (combined OE and replacement) were 3.7 per cent higher than Q1 2004, at 64 million units, but light truck shipments were down slightly (1.8 per cent) to 10.4 million units.
Continue ReadingNokia Proposes Edouard Michelin to Board
The Governance and Nomination Committee of international mobile phone giant Nokia has proposed Edouard Michelin, managing partner and CEO of Michelin Group, to be elected to the Nokia Board for a one-year term. Edouard Michelin joined Michelin 1985 and has since held different managerial positions within research, manufacturing, marketing and sales. Between 1990 and 1993 he headed the Michelin manufacturing facilities in North America and the truck tyre product line. He is a Michelin managing partner and has been CEO of Michelin Group since 1999.
Continue ReadingTrelleborg’s tire distribution in Middle East
Trelleborg Wheel Systems, a business area within the Trelleborg Group, has signed a joint-venture agreement with Al Dobowi Ltd regarding the distribution of industrial and agricultural tires in the Middle East and certain parts of Africa. The new company, Trelleborg Wheel Systems Middle East Ltd will be located in Dubai, in the United Arab Emirates.
Continue ReadingAlliance Records Profit Following Four Years of Losses
(Akron/Tire Review) After four successive years of losses, Alliance Tire Co. reported a net profit of $0.9 million for 2004 in its newly released financial results. The company ended 2003 with a net loss of $13.1 million. But, in 2004, gross profits increased to $31.1 million, compared to $20.4 million in the previous year.
Continue ReadingJoint Venture Maxxis International UK
Bickers plc (Felixstowe/Suffolk, England) issued new shares and formed a joint venture company with the long-term tyre supplier Cheng Shin Rubber Ind. Co. Ltd (CST). The new company will trade as Maxxis International UK plc“ and be located at a new 3.5 acre site in Felixstowe, Britain’s biggest container port.
Continue ReadingNew Michelin Supermoto Tyres
Michelin has expanded its range of supermoto tyres with the introduction of four new tyres: a soft front, a medium/hard rear, and front and rear wets. These are in addition to the existing medium/soft front and medium rear.
Continue ReadingMichelin Adds to X One Line
(Akron/Tire Review) Michelin North America (MNA) has added the Michelin X One XDA-HT Plus drive tyre to its X One line of wide singles.
Continue ReadingTreadways Appoints New EVP of Operations
Koichiro (Kyle) Iwasawa has been named executive vice president of operations for Treadways Corp. Iwasawa, who is replacing Koji Aoyama, started his career with Sumitomo Corp. in 1979 and worked for Treadways for six years. Iwasawa served as director of marketing and operations from 1993-1995 and vice president of operations from 1996-1999. Most recently, he was general manager of the paper and paperboard export department of Sumisho Paper Co. in Tokyo. Iwasawa will work out of Treadways’ headquarters office in East Norriton, and will report directly to Roy Araki, president of the company.
Continue ReadingMichelin on the Silk Road
Michelin will supply the tyres for the eight Renault Trucks vehicles taking part in the Silk Road 2005 expedition between 2nd April and 9th June. The teams will travel 20 000 km across Europe, Turkey, Iran, Turkmenistan, Uzbekistan, Kazakhstan, Kyrghyztan and the Inner Mongolian region of China, following the path of the legendary Silk Road. Michelin will fit the trucks with specially designed all-terrain tyres, sized 395/85 R20 XZL.
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