ETRMA signs Antwerp Declaration
On 20 February 2024, 73 industry leaders from nearly 20 industrial sectors signed the ‘The Antwerp Declaration for a European Industrial Deal’. Many more have signed since then, including the European Tyre and Rubber Manufacturers’ Association (ETRMA). The ETRMA thus joins over 900 organisations across 25 sectors asking for industry and industrial policy to be at the core of the new European Strategic Agenda for 2024-2029.
Continue ReadingLatin Tyre Expo names conference speakers
The 2024 Latin Tyre & Auto Parts Expo has named speakers leading presentations at the event at 10:00am on Thursday 1 August 2024, at the Panama Convention Center.
Continue ReadingYokohama appoints new deputy head of tyre planning division
At the end of March, The Yokohama Rubber Co. Ltd. announced the promotion of one of its senior managers, Masahiro Yuki, to the role of Deputy Head of Yokohama’s Tire Business Planning Division. The change, announced on 27 March 2024 became effective a day later on 28 March 2024.
Continue ReadingSailun equips Vollers E-truck with EcoPoint3 tyres
In the landscape of modern fleet management, increasing demand within the local public transport and freight haulage sectors underscores the significance of electric propulsion. While the focus on electric vehicles extends beyond cars, the common challenge of optimising range persists across all vehicle types. This poses a pertinent question for operators of electric trucks: How to maximise range without resorting to simply installing larger batteries? The answer lies in a critical but sometimes overlooked component – tyres.
Continue ReadingDoublestar prepares to formally take control of Kumho
At the end of March, tyre manufacturer Qingdao Doublestar suspended trading on the stock exchange and announced that it was preparing to officially take control of Kumho and resolve competition in the industry. Doublestar said it will disclose further information before April 11.
Continue ReadingAdvan Sport V107 tyres OE on Mercedes-AMG CLE 53 4MATIC+ Coupé
At the end of March, The Yokohama Rubber Co. Ltd. confirmed that it is supplying its Advan Sport V107 tyres as original equipment (OE) for the new Mercedes-AMG CLE 53 4Matic+ Coupé, which was presented in December 2023. The Coupé is being fitted with 265/40ZR19 (102Y) tyres on the front axle and 295/35ZR19 (104Y) tyres on the rear axle.
Continue ReadingAdditional size joins Apollo EnduMile LHT range
Apollo Tyres has launched a new 385/55 R22.5 variant of its “most fuel-efficient truck trailer product,” the Apollo EnduMile LHT long-haul trailer (LHT) tyre. Now available across Europe, the 385/55 R22.5 tyre complements the launch range EnduMile LHT size 385/65 R22.5, which Apollo Tyres debuted last October.
Continue ReadingNew name for Australia’s National Tyre & Wheel
Australian headquartered tyre and wheel importer, distributor and retailer National Tyre & Wheel Limited has a new name. From 9 April 2024, the company call itself NTAW Holdings Limited. Shareholders passed a resolution to rename the company during an extraordinary general meeting on 26 March 2024.
Continue ReadingBest results – Prinx Chengshan publishes 2023 financials
Prinx Chengshan Holdings Limited has released its financial results for the twelve-month period ending on 31 December 2023, referring to these as “the best results” in the company’s history. Operating revenue increased to RMB 9,950 million (£1.09 billion), marking a 22% year-on-year rise, while net profit surged to RMB 1,030 million (£113.32 million), a 162.4% increase compared to the previous year. Earnings per share reached RMB 1.62, up by 161.3% year-on-year, and EBITDA rose to RMB 1,710 million (£118.14 million), reflecting a 102.4% increase year-on-year.
Continue ReadingYokohama OHT introduces Alliance 399 excavator tyre
Yokohama OHT has introduced the new Alliance 399, a tyre engineered for excavators. Featuring a non-directional diagonal lug design, the 399 is made to offer boosted traction in both forward and reverse directions. The Alliance tyre therefore increases operational flexibility and efficiency on and off-road. Also designed with a sturdy construction for higher reliability, the Alliance 399 is suited to contractors using compact excavators in various applications, including construction, agriculture, local authorities, forestry, mining, and industrial sectors.
Continue ReadingGovernment small business initiative welcomed by IGA
The Independent Garage Association (IGA) has responded to the Government’s latest Initiative to Boost Small Businesses. The increase in the VAT registration threshold from £85,000 to £90,000 is welcomed, as it will provide relief to 28,000 small businesses, allowing them to invest more in their operations and expand their enterprises. Additionally, the freeze on the small business rates multiplier for the fourth consecutive year is particularly welcomed as it will safeguard over one million properties from higher bills, contributing to financial stability and security for many garage owners.
Continue ReadingFinal 2023 Repxpert Millionaire announced
The third and final winner of Schaeffler’s Repxpert Millionaire promotion for 2023, which was for FAG products scanned between October and December, has been announced as The Village Garage, based in Bishops Waltham, Hampshire, with the announcement being made as the competition returns for 2024.
Continue ReadingEcobat backs Paul Barker in Superstock 1000 series
As the official license holder for Lucas batteries throughout Europe, Ecobat Battery is shining a spotlight on the brand by sponsoring Paul Barker and his Honda CBR1000RR for their combined British Superstock 1000 series campaign, which is a prominent championship that supports the popular British Superbike (BSB) competition.
Continue ReadingTyre consortium releases 6PPD alternatives analysis report
To fulfil regulatory requirements in the US state of California, a global group of 30 tyre manufacturers has published a Stage 1 Alternatives Analysis (AA) report concerning the antioxidant 6PPD in tyres. This initial Stage 1 AA Report will serve as the groundwork for further Stage 2 exploration, ultimately culminating in a final AA report.
Continue ReadingTBC Corporation names Bill Schafer as COO of TBC Brands and TBC International
TBC Corporation has appointed Bill Schafer as Chief Operating Officer (COO) for TBC Brands and TBC International. Schafer will report directly to TBC Corporation’s President and Chief Executive Officer, Sam Kato, and will oversee all TBC Brands and TBC International sales initiatives, including customer service, commercial tyre sales, equipment and non-tyre sales, and operations.
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