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15422 search results for: eco tyres

15391

Global Players – An In-Depth Analysis

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More and more nowadays, we hear that the tyre industry is becoming increasingly global and ever-more companies describe themselves as “a global player”. But what exactly makes a company a true global player? An in-depth article in TYRES & ACCESSORIES 6/2000 looks at the criteria by which a so-called ‘global player’ should be judged and concludes that the only three companies that merit this term are Bridgestone, Goodyear and Michelin. The article examines in detail each company’s performance in the world’s most important markets, their market shares and turnover figures, their strengths and weaknesses and their prospects for the future. The article goes on to examine the home markets of the global players (USA, Europe and Asia) and discusses the performances of the lesser players and what is likely to happen to them. Today’s global tyre market is one of acquisitions and alliances, mergers and new technological advances. Competition is intense and, in terms of market share, none of the big three seems able to leave its rivals standing, neither is the gap between the big three and the second three growing. Having said that, none of the second three stands a realistic chance of becoming a true global player in the future. The article gives a detailed, objective assessment of today’s tyre industry, together with some speculation concerning what might happen in the future.

15392

Third Quarter Results Released By Michelin

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Third quarter results from Michelin are stronger than expected with revenues growing by 16.4% to 3,916 Euro or 14.6% if the first nine months 2000 are compared with the same period last year. Taking higher raw material costs and other economic factors into account, an EBIT of about 8% seems to be realistic for this year.

15393

New Strategy At Titan

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With the sale of assets Titan International (Quincy/Illinois), a manufacturer of speciality tyres and wheels, has exited the oe business with lawn and garden equipment as well as all terrain vehicles (ATVs) and improved its second quarter results due to the price paid by Carlisle Tire and Wheel Co. The new strategy of Titan will be to concentrate on agricultural and construction wheel business and tyre assemblies and to focus more on aftermarket demands.

15394

Tyre Experience Lands Testing Job

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Former F1-Minardi driver Marc Gene has become a test driver at the BMW-Williams team due to his extensive experience in testing new tyre developments. BMW-Williams will start on Michelin tyres next season.

15395

Waiting for Keegan – Goodyear is lacking life

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Robert J. Keegan (53), one time top manager with Kodak, assumed the position as Goodyears‘s president and chief operating officer in Akron on 1st of October, making him the deputy and named successor of chairman Sam Gibara (61). According to group publications, Keegan will be responsible for day to day business, whereas Gibara will be more concerned with strategy.

15396

Continental Truck Road Safety Round Table

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Every so often, Continental Tyre UK assembles a panel of interested parties to talk through a subject of interest. The most recent ‘Round Table’ was on the subject of truck safety, particularly that of tyres. Roadside checks on trucks seem to reveal a story of tyre neglect, with many tyres showing damage which would be obvious to the most cursory examination, implying that nobody bothers to look. The legal minimum tread depth for trucks in the UK is 1mm, and has been so for the past three decades. Conti is not convinced that raising the limit to 1.6mm would have a significant effect on safety. Most good fleet operators change tyres at 2mm anyway, which is what Conti recommends. Roadside fitter safety was discussed – a dangerous job made even more so by the extensive use of the mobile phone, which removes the police from the equation. If the police do not know of a breakdown, they cannot provide safety backup for the fitter. Like many other companies, Continental provides a complete tyre management service for fleets, taking on all responsibility for tyre-related matters. This not only means peace of mind for the operator, but should ensure better maintained, safer tyres. Full details of the Round Table discussion can be found in TYRES & ACCESSORIES 6/2000.

15397

Now Tyre Problems For Goodyear In USA

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Reports in American newspapers suggest tyre tread separation problems with Goodyear tyres are being linked to eight deaths. The Goodyear 16 inch Load Range E tyres received a design alteration five years ago, but no recall was made. Goodyear said it had found no faults in the tyres, but did settle several lawsuits arising from the incidents. Amounts and details of the agreements have been kept secret. However, the lawsuits were very similar to those currently facing Firestone.

15398

“Product Range 2000” of Marangoni

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At the beginning of April Marangoni, the Italian tyre manufacturer, broadened its tyre range in the high-performance sector by seven new sizes within the product programme 2000. Top of the summer tyre series is the “Zeta ESC”, a low-profile tyre with a directional tread pattern approved for speeds up to 270 km/h, which had five new 17-inch sizes added. Two more sizes were introduced to the second product line, “Heron”, making a total of 25 sizes in aspect ratios 65, 60, 55 and 50 and speed indices from H to W. On the occasion of these new introductions Marangoni invited the European trade press to Rapallo on the Italian Riviera, where questions were answered not only about the latest additions but also about the past, present and future of Marangoni Tyre S.p.A. When all is said and done, Marangoni is a kind of outsider in tyre production matters, hoping to raise the degree of international awareness and acceptance by its presentation. The production of new tyres (the Marangoni and Stunner brands) for cars, trucks and small transporters is one of the business units of Marangoni Holding, best known for its divisions Marangoni Tread (production of materials and technology for retreading) and Marangoni Pneumatici (retreaded tyres),which last year generated a turnover of 400 billion lire. The Marangoni Tyre share of the consolidated annual turnover of the group of companies is a quarter, according to Andrea Vassura, managing director and board member of Marangoni Tyre S.p.A.

15399

Formula Colway

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British retread tyre manufacturer Colway Tyres offers its customers the new “Formula Colway” range for market segments previously regarded as the domain of “second tier” replacement tyres – such as the fleet car and van sectors – of large new tyre manufacturers.

15400

Yokohama Restructures To Face The Future

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A year ago, there were rumours that Yokohama was seeking an alliance with Michelin. TYRES & ACCESSORIES recently visited the company and, in addition to factory and R&D facility visits, interviewed the President of Yokohama Rubber Company, Mr. Yasuo Tominaga. Mr. Tominaga spoke of the company’s wide-ranging restructuring plan and whether a company the size of Yokohama can survive alone in a global market dominated by the big three manufacturers.

15401

Fifty Years Of Matador – Transformation Process Concluded

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At the beginning of May the Slovak tyre manufacturer Matador celebrated the 50th anniversary of the company. The rubber factory in Puchov continued the long tradition of the trademark, which started in Slovakia’s present capital, Bratislava, in 1905. In the thirties Matador tyres were already original equipment on all vehicles then produced in Czechoslovakia. In those days Matador’s market share in the CSR was more than 20 p.c. Building work at the Puchov factory started in 1947, and the first tyres left the new production facility three years later, on 1st May 1950. In 1953 restructuring of the Czechoslovak tyre industry took place. A new trademark was created: Barum, combining the three manufacturers Bata, Rubena and Matador. From then on the Puchov factory also produced under this brand name. After the partition of Czechoslovakia in 1993 the Barum brand was taken over by Continental. The Puchov factory, however, was not part of the deal and reverted to the old brand name Matador. Today Puchov exports more than 80 p.c. of its output under this registered trademark. The 1999 turnover of the group of companies was about 600 million DM, with the tyre activities claiming a 65 p.c. share. Investments amounted to almost 15 million DM, and 12 million DM was spent on the research and development sector. This year investments are scheduled to double. More financial resources will be directed towards sales support measures and marketing for a further improvement in market acceptance. Since January 1999 Matador has produced radial truck tyres in a production joint venture with Continental, but with the distribution of the tyres still handled separately by the two partners. In the course of an ambitious restructuring programme the Puchov factory is to be thoroughly modernised to become the largest radial truck tyre factory in Europe. Read more in NEUE REIFENZEITUNG 5/2000.

15402

New Drive Traction Radial From Goodyear

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In the US, Goodyear has introduced the second in its Wingfoot line of tyres, designed for the cost-conscious customer. The Wingfoot DTR is a drive traction radial initially available in size 295/75 R22.5. Three more sizes – 11R22.5, 11R24.5 and 285/75 R24.5 – will be introduced this autumn. The DTR replaces the G124.

15403

Third Quarter Loss For Goodyear

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Goodyear reported a net loss for the third quarter of $6.6 million and a net income of $109.1 m (Q3 1999: $3.3 bn). High raw material and energy costs were contributory factors. World-wide Q3 sales were $3.5 bn and sales for the first nine months of the year were $10.5 bn (1999: $9.3 bn). Before these figures were revealed, analysts – following a statement towards the end of September by Samir Gibara, describing a “difficult outlook” for the tyre industry – had widely expected Goodyear to break even at best.

15404

Cooper-Avon To Shed Jobs

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Cooper-Avon has announced that it will be making 80 staff employees redundant in Europe. Locations affected are the Melksham (UK) HQ and offices in Switzerland, France and Germany. The cuts are blamed on the high level of the Pound and large numbers of imported tyres from the Far East and have been made, says Cooper-Avon, to reduce costs and increase job security for the remaining 900+ employees.

15405

MIRS Introduced By Pirelli

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Pirelli recently invited journalists and analysts to its factory at Bicocca, Milan in order to see first hand the company’s new manufacturing process MIRS (Modular Integrated Robotized System). MIRS reduces the steps in tyre manufacturing from 14 to 3 and a tyre can be produced every three minutes. Tyres are built round a special drum, with the instructions given to the robots (the process is totally automated) through a barcode. The tyres are said to be more uniform and consistent. As well as its speed and flexibility, MIRS has the advantage of compactness and a line capable of producing 125,000 tyres a year can be sited in an area of a mere 350 square metres. Pirelli Chief Executive Marco Tronchetti Provera said that Pirelli will invest 50 million Euro over the next three years in 80 MIRS lines, increasing output by ten million tyres a year. Two of these lines will be located at Pirelli’s Burton-on-Trent factory in the UK, concentrating on SUV and 4×4 tyres. Burton stopped making tyres in 1994 and the news is a welcome change for the UK tyre manufacturing industry. It is a large factory, and there is ample scope for more MIRS lines to be added in the future, should this be Pirelli’s strategy. The figures associated with MIRS are truly impressive; investment costs are lower than for traditional factories and the minimum economic batch size has been reduced from 3,200 units to 375. The time taken to change sizes comes down from 375 minutes to 20. Workforce productivity is increased by 80% and MIRS uses less energy than a ‘normal’ plant. The manpower needed is significantly reduced too – it is estimated that 850 staff will be needed to produce the proposed ten million tyres. There is one other figure which, in these days of competition and falling prices, is even more interesting – a MIRS tyre is 25% cheaper to produce than a conventional tyre.

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