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16189 search results for: eco tyres

15031

Aiming for Number 1

In order to achieve his goal of taking Michelin to the number one spot in the UK two-wheel market by 2010, Michelin Tyre Plc’s head of Two-wheel Olivier Gros, has plans to overhaul the marketing and distribution of its premium level products. Perhaps the most eye catching announcement is the news that Michelin will release a new dual compound tyre, following the success of the Power Race and Pilot Power 2CT. T&A has seen a preview of the new sport touring tyre, which was exhibited at the Motorbike Trade Expo earlier in January. Details are sketchy at the moment, but external independent testing appears to suggest that the new dual compound tyre will last 10 per cent longer than any of its competitors. But how does the new product compare to the fuel saving and tread life characteristics of the company’s car and truck ranges?

15032

Bridgestone Australia Says G’day to Proposed Buyback

After more than half a century as a publicly listed company, Bridgestone Australia Ltd looks set to privatise its operations. Bridgestone Australia directors have announced an AUD$50 million (£20 million) buyback of the minority of shares not already owned by Bridgestone Corporation. If shareholders approve the transaction, Bridgestone Australia will become a wholly owned subsidiary of the parent company.

15033

Taiwan Tyremaker Boosts China Operations

Taiwan’s leading tyre manufacturer, Cheng Shin Rubber Industrial Co, has announced plans to invest US$120 million in China during 2007. This investment will primarily take the form of expansion in production capacity.

15034

Sapphire Increases Tyre Disposal Charges

Sapphire Energy Recovery has announced an increase in tyre disposal charges effective from 1 February 2007. Sales and marketing manager Ryan Mifflin explained: “Sapphire and the UK cement industry have invested over £15 million in state-of-the-art equipment and accessible regional facilities. We offer the only national coverage for tyre collection and disposal service, assuring our customers of a sustainable first class service. We have recently seen an increase in tyre size and weight with more 4×4, run-flat, and low profile sports tyres. These affect the amount of tyres per tonne which are likely to lead to increased collection charges to the retailer.”

15035

Triangle Tyre Co. – Aiming For The Top 10

The history of the Triangle Tyre Co. Ltd goes back three decades, when the Weihai Tire Factory opened a plant in Weihai, Shandong Province, China. In 1997 it changed its name and began trading as Triangle Tyre Co; part of the Triangle Group of companies. Since then the company has grown rapidly and it is now aiming at nothing less than being a top 10 player in the global tyre market.

Triangle is currently one of the top 500 companies in China and employs 6,300 staff. Depending on which criteria you use, Triangle is the 12th, 13th or 14th largest tyre manufacturer in the world – not bad for such a young company. The turnover last year was US$980 million and has risen by 50 per cent in the past three years.

15036

Alcar UK to Make Eighth Appearance at Aftermarket Show

In January 2007 Alcar UK, a respected distributor of wheels and tyres, will appear at the Aftermarket Show for the eighth year running. “The Aftermarket Show is an event that has really, over the years, become recognised as the industry event. The UK aftermarket is pretty fragmented these days but this is the event that works for us because it brings so many different people and businesses together,” said Alcar UK sales and marketing director, Kevin Greer.

15037

Vettel Not Yet Burning Rubber

BMW-Sauber Formula One team test driver Sebastian Vettel has disclosed that he and the team are struggling to get their best out of the new Bridgestone tyres.

15038

Plimsoll: Up to 5000 Jobs Could be Cut in 2007

2006 has been a highly competitive year for the tyres, exhausts & batteries industry, although some companies have been enjoying historically high margins. But 2007 promises even tougher times, according to David Pattison, senior analyst with Plimsoll. His findings are based on Plimsoll’s Portfolio Analysis – Tyres, Exhausts & Batteries.

Looking at the tyres, exhausts & batteries market over the past 12 months, while growth was a healthy 6 per cent, well above inflation, almost a third of the 1000 companies monitored by Plimsoll saw a fall in sales. This indicates that much of the growth is being shared by a select band of firms. The effect has been that the industry has begun heading in a new direction, and the companies which have found themselves lagging behind have been slow to recognise this.

15039

More than 29 Managers to Leave Goodyear Dunlop UK in 2007

29 managers have lost their jobs at Goodyear Dunlop UK. The job losses are part of a restructuring programme, which will cut around 100 jobs in total. The management cuts will almost exclusively be from positions at the company’s TyreFort headquarters in Birmingham, with about 69 job losses coming from non office-based staff. However, at least some of the jobs lost at Hi-Q and TruckForce depots are a question of administration, with employment simply transferring to the various holders of the new franchise agreement instead of Goodyear Dunlop itself.

15040

Bandag Sold to Bridgestone for $1 billion

After several attempts they have now finally succeeded: Bandag Corporation heir, Martin Carver, has sold his and his mother’s majority stake in the company to Japanese tyre giant Bridgestone. It was probably high time for the American retreading specialist to make such a move, as in recent years they have been operating in a seemingly unfavourable environment. If Bridgestone had also chosen to go down the same path as Goodyear and Michelin, establishing its own equity retreading businesses, Bandag’s market environment could have been set to become even more unfavourable.

Subscribers can read the entire article and download it as a PDF by clicking the more link.

15041

Thumbs Up to Bridgestone

Toyota F1 driver Ralf Schumacher, brother of retired world champion Michael, has voiced his approval of the new 2007 Bridgestone tyres after testing at Spain’s Circuit de Catalunya.

Following Michelin’s withdrawal from Formula One all drivers will compete on Bridgestone tyres as of next year, and despite concerns raised by other drivers Schumacher stated that he was pleased with the tyres.

15042

Police Cut Up About Tyre Vandals

Police in Colbert County, Alabama look set to become much better acquainted with their local tyre supplier after vandals destroyed the tyres on all but one of their patrol cars. A total of ten tyres were slashed on three of the department’s four vehicles, rendering the department unable to carry out its regular duties.

15043

Fleet Extends Michelin Trial Following Promising Results

UK operator Elite Transport is set to carry out an extensive trial of two types of Michelin tyres on its newly delivered fleet of fifteen Volvo FH480 6×2 tractor units. This decision has been made in light of findings after a single tractor unit was fitted with Michelin Energy tyres for a period of fourteen months.

15044

Bandag Sold to Bridgestone for $1 billion

Subscribers can read the entire article and download it as a PDF by clicking the more link.

15045

Goodyear Racing Tyre Drives Cepsa to FIA Victory

Spanish driver Antonio Albacete has taken out the FIA European Truck Racing Championship for 2006 in his Goodyear fitted Cepasa team MAN. Albacete finished second place at Le Mans, the final race of the season, securing himself a championship winning 346 points from the season’s eight qualifying races.

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