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The First Stop tyre service network has signed up as an official supporter of TyreSafe. Commenting on the decision to lend its support to the tyre safety organisation, First Stop partner zone manager Mike Glover said: “By becoming an official supporter TyreSafe, we can now accelerate our safety awareness among those customers through the use of the organisation’s extensive library of materials and assets.”
Pirelli presented its new 2017 tyre size at Monte Carlo during the Monaco grand prix. The supplier described the new tyre size as a significant technical change that also has an effect on the balance and aesthetics of the cars that will compete next year. 2017 will be the first season in Pirelli’s latest three-year agreement to supply Formula One.
Zenises has presented the world’s most expensive tyre at the firm’s Reifen Show launch event. The world record, which is the first official third-party adjudicated record of its kind, has set the bar high at US$600,000 for a set of four tyres – a figure verified by the Guinness Book of World Records. The Z-branded 295/35 ZR21 107Y...
The global OTR market of a decade ago differed vastly from that of today. Mining tyres from established manufacturers were rarer than precious metals, used OTR tyres were changing hands for more than the retail new tyre price, and desperate machinery manufacturers even resorted to delivering equipment to customers sans tyres. In response to this […]
Goodyear Tire & Rubber Company received two prestigious North American supplier awards for its performance in environmental sustainability and environmental stewardship by Subaru of Indiana Automotive, Inc. (SIA).
SIA is an Indiana-based manufacturer of the Subaru Outback, Legacy and Impreza line of vehicles. Goodyear supplies original equipment tyres to the popular Subaru Legacy model.
…but price erosion has forced mid-range prices down too Elsewhere in this feature we have examined sell-out data, which revealed a growth trend in the UHP segment as well as details of which UHP sizes are most popular. However, this dataset was not designed to show the prices consumers are being quoted in relation to...
Federal Tyres will exhibit its latest e-marked UHP and studless winter tyres at Reifen 2016. Federal’s range will include the Evoluzion ST-1, 595 RS-Pro, and Evoluzion F60 summer high and ultra-high performance tyres; the Himalaya Kattura for mild winter road conditions; the Ecovan ER02, which demonstrates durability for the commercial market; and the Glacier GC01 for winter conditions. The Taiwanese manufacturer will exhibit from stand 3C27 in Hall 3, between 24 and 27 May.
Contract manufacturer Enjoy Tyre, specialises in importing Rotalla and Routeway branded tyres into the UK and Europe. For its part, Rotalla is represented by 15 exclusive distributors responsible for 20 markets throughout Europe. The latest news is that the recently introduced Rotalla Setula E-Pace RH01 and RU01 patterns, which carry improved EU label ratings of CB and CC respectively, are now available. RH01 has 36 sizes with H/V options and diameters from 14 up to 16 inches.
From the 24th to the 27th of May 2016 Hankook will be exhibiting at the Reifen show in Essen the 12th time. The company’s stand in Hall 3, Booth 3A34, will feature the firm’s new “comfort flagship Ventus Prime3”, which recently took top spot in the AutoBild summer tyre test 2016. At the neighbouring Booth 3A32, the company is also presenting the summer line-up of its second tyre brand launched at the IAA – Laufenn.
While low prices for the major commodities and metals have affected tyre makers on a global level and prompted production cutbacks for giant OTR mining tyres, the direction coal has taken is of greater significance here in the UK. British Geological Survey figures show output at British open cast coal mines fell almost 40 per cent between 2010 and 2014. This decline has understandably affected sales of tyres to this sector, yet the news is not all bad for OTR tyre manufacturers and suppliers – local demand for other off-road applications is in much better shape. Technical manager Jock Aitken recently went through Michelin’s products for these areas with us, and shared how to get the most from them.
On the occasion of publishing its full-year 2015/2016 financials, Apollo Tyres has reported sales of 117 billion rupees (£1.214 billion; 1.537 billion euros; US$1.757 billion) compared with 127.256 billion rupees in 2014/2015. During the same period (2015/2016) operating profit grew 3 per cent to close at 20.4 billion rupees, up from 19.8 billion rupees. Net profit increased 12 per cent to 10.9 billion from 9.8 billion rupees the year before.
Davanti has signed a title sponsorship deal with one of the UK’s largest regional cricket leagues. The company said the arrangement forms part of its overall marketing strategy to increase consumer awareness of the brand and its benefits. It has already ventured into football sponsorship with high profile FA Cup matches in February and March. Davanti’s new sponsorship of the North Staffs and South Cheshire Premier Cricket League (NSSCPCL) will see all 55 grounds adorned with Davanti banners as part of the package. Its imagery is also prominently featured on the NSSCPCL website.
Vintage Tyres has appointed Ben Field, who joined the company last June, as its new managing director. Field takes over from longstanding MD Chris Marchant who, rather than taking full retirement, will become technical director. Ben Field brings with him 25 years’ experience in the classic vehicle industry as a restorer, road tester and journalist.
Although Nokian Tyres’ net sales decreased 1.9 per cent year-on-year to €275.8 million in the first quarter of 2016, the Finnish company increased its operating profit by 4.6 per cent to €50.5 per cent and nudged its operating margin up from 17.2 per cent to 18.3 per cent. Net profit for the January to March quarter amounted to €39.9 million, 70.5 per cent lower than the result recorded a year earlier; the reason for this was the return of €100.3 million worth of taxes and interest for 2007 to 2010 to the company’s books in the first quarter of 2015. Excluding this one-off event, profit rose 13.8 per cent year-on-year. Earnings per share amounted to €0.30 during the quarter.
Michelin will travel to Reifen 2016 with a comprehensive product mix representing its full portfolio of brands. Its booth (Hall 3, Stand C20) will contain Kleber and BFGoodrich, as well as retreading products Recamic and Michelin Remix among other Michelin products and services. Michelin states that it will focus its presentation on the high mileage achievable on its products across product segments.
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