Cooperation Bandag-Continental
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Continue ReadingThe Market For Agricultural Tyres
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Continue ReadingThe Bibendum Challenge Has Staying Power
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Continue ReadingRMIF Supports Licensing The Trade
Fred Maguire, president of the Retail Motor Industry Federation (RMIF) has openly supported government plans which may lead to garage licensing. He acknowledged that the governments mystery shopping review of the trade had revealed serious problems which need to be addressed. In that light he was putting the support of the RMIF behind the Good Garage Scheme. He also stated, We can only achieve excellence by concerted efforts and improvement in training. So, as an industry we have to take positive action in the training arena. If RMIF members set this as their priority objective, they will have nothing to fear (from licensing).
Continue ReadingGoodyear 3Q Results: Net Income Triples
Goodyear has published its results for the third quarter. Net income more than tripled to $33.7 million (3Q 2001: $9.3 m), while worldwide sales were down slightly at $3.5 bn ($3.7 bn). Currency movements had an estimated $4 m negative effect on sales and $10 m on earnings. For the first nine months, Goodyear posted a loss of $0.6 million, compared with a loss of $29.6 m for the same period last year. Sales were down too, at $10.3 bn ($10.7 bn), while tyre volumes slipped 2.5 per cent to 160.7 million units. Sam Gibara said that economic conditions in key markets and rising raw material costs are a concern, but Goodyear will continue to concentrate on reducing working capital.
Continue ReadingGoodyear Eagle F1 Goes Global
The Goodyear Eagle F1 which has been progressively rolled out around the world through 2002 is to become the first global tyre. The aim of global tyres is to produce tyre sizes for the worldwide market from single region manufacturing points. That is to say, tyres of any given size type will be manufactured in a single region and shipped globally. Currently eight North-American specific tyre sizes are manufactures in Lawton, Oklahoma, and 31 popular European sizes are manufactured in Germany. The global approach will significantly reduce manufacturing and equipment costs. The F1 is the first of many tyres that Goodyear will be offering on a global scale.
Continue ReadingChallenge Bibendum In California In 2003
Michelin’s event “Challenge Bibendum 2003” will be held in San Francisco on 23-25th September at the Infineon Raceway in Sonoma and conclude with a crossing of the Golden Gate Bridge and an awards banquet in San Francisco.
Continue ReadingFavourable Reaction To Conti Nine-Month Figures
Continental has published its financial results for the first nine months, and initial reactions by financial analysts are very positive. Sales rose 3 per cent over the same period last year to 8.48 billion Euros. Net income increased by 173 million Euros to 217 million Euros and debt was reduced by 516 million Euros to 2.4 billion Euros. Passenger tyre sales fell 5.2 per cent to 2.76 bn Euros, due largely to the sale of the National Tyre Service chain and sluggish sales in the USA. Commercial vehicle tyre sales were flat.
Continue ReadingScotland Gears Up For Tyre Safety Week
The annual Scottish tyre safety week will be held between 18th - 22nd November. Motorists are being offered free tyre checks at leading supermarket sites prior to the campaign. Scottish tyre safety week is organised by the Tyre Industry Council and supported by the police, tyre manufacturers and the tyre trade. Over ten years, the campaign has been instrumental in reducing the percentage of illegal tyres in Scotland from 18 to 10 per cent.
Continue ReadingBob Skelton Steps Down At OTR
Bob Skelton, founder of OTR Tyres Ltd, has retired after 25 years at the helm. He passes the reigns on to Chris Skelton who has been managing director for the past five years. OTR Tyres Ltd. Is one of the largest OTR specialists in Europe and has leading operations in Ghana and Zambia.
Continue ReadingGoodyear Places Its Hopes In Keegan
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Continue ReadingThings Are Getting Better
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Continue ReadingDifficult Year For SmarTire
The Company reported a net loss of $6.8 million ($0.41 per share) 2002 compared with a net loss of $5.5 million ($0.39 per share) in 2001. Gross revenue for 2002 totalled $1.0 million, up from $0.8 million for 2001.
Continue ReadingRecycled Tyres To Go To War?
The US Military is a large consumer of retread tyres but a new development may see them also utilising recycled tyres. The Denlin Corporation is to demonstrate a new helicopter landing pad made from the companys Treadoles(R) recycled tyres. This product is of great interest to the military, industrial, commercial and retail markets, said Dennis Martin, president. Besides helicopter landing pads, Martin said Denlin is using it in ballistic armour shields for military vehicles and ground troops. Both products are weeks away from first commercial use, he claimed. Denlins helicopter landing pad, custom made for desert fighting and field combat installation, helps eliminate sand blasting of critical helicopter parts, including rotors and engines. The manufacturing process uses an unique, innovative cutting process, according to Martin. Recycled vehicle tyres are used without the need for further processing of the rubber material. Other applications include flooring, roofs and roadways for third world countries.
Continue ReadingFly Tipper Jailed
At Norwich Crown Court on Wednesday 23 October 2002, Mr Timothy Phillips was given a two-month jail sentence. His partner, Miss Ann Cummins, was given a three-year conditional discharge following a prosecution brought by the Environment Agency Anglian Region under the Environmental Protection Act 1990. The offences related to the keeping, treating and deposit of waste tyres without a Waste Management Licence at three sites in Suffolk and Norfolk by the defendants who operated as Sheriff Tyres, Sheriff Tyres Ltd and Tyre Management Recycling. Commenting on the case, Area Environment Manager Kevin Rutterford said: Illegal tyre disposal and stockpiling poses a serious risk to the environment and also undermines legitimate businesses. Most used tyres are controlled waste and must be handled with due regard to the duty of care requirements specified in the Environment Protection Act 1990. If waste tyres are given to someone else the originator must be sure they are authorised to take them and can transport, recycle or dispose of them safely.
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