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1712

Yokohama reports record first quarter operating income

Yokohama Rubber says its operating income in the first quarter of 2015 was its “highest first-quarter result ever.” The Japanese manufacturer achieved a 1.0 per cent increase in operating income to 11.8 billion yen (£62.9 million) on a 0.9 per cent decline in net sales to 138.7 billion yen (£739.3 million). This gave the company an operating margin of 8.5 per cent. Net income dropped 10.1 per cent to 5.8 billion yen (£30.9 million).

1713

Apollo launches Man United tyres in India

Following their release in the UK and Thailand, Apollo Tyres’ home country of India has become the third market to receive the company’s dual Apollo and Manchester United-branded tyres. The tyres are available in a 15-inch rim size from Apollo’s existing Alnac 4G range, and sold through select Apollo outlets.

1714

Difficulties in Russia drag down Nokian Tyres’ Q1 2015 net sales

Although it enjoyed growth in Western markets during the first quarter of 2015, Nokian Tyres reports that its business in Russia “remains challenging”. The tyre maker’s 9.9 per cent year-on-year decrease in net sales to €281.3 million was driven by a 43.9 per cent decline in gross sales in Russia and the CIS. Operating profit dropped 29.4 per cent to €48.3 million and profit margin contracted from 21.9 per cent to 17.2 per cent. A windfall meant good news on the bottom line, however; the annulment of a previous tax ruling meant the company was able to return taxes and interest of €100.3 million to its financial result. Therefore profit for the three-month period rose 249.3 per cent from €38.7 million in Q1 2014 to €135.3 million this year.

1715

Bridgestone presents evolved T30 and new A40 motorcycle tyres

At motorcycle fairs during the spring, Bridgestone showed off the Battlax Sport Touring T30 Evo and Battlax Adventure A40, the new tyres it first presented at last autumn’s Intermot show. The first of these is – as the name suggests – a further evolution of the existing T30 sport touring tyre that will (for the time being) largely remain in the Bridgestone portfolio. The second of the pair succeeds the Battle Wing in the enduro segment. According to Bridgestone, both tyres display particular improvements in wet performance.

1716

Magna Tyres Group introduces new products at Intermat

Growing manufacturer of off-the-road (OTR), industrial and truck tyres, the Magna Tyres Group used its presence at Intermat to introduce various new tyres for different OTR applications. For construction and mining purposes the company introduced MA10 L5 and M-Terrain E4. The existing tyre pattern MA08 L5 for wheel loaders is from April 2015 also available in tyre size 20.5R25.

1717

Continental introduces second low profile truck tyre

Following the market launch of the size 315/45 R 22.5 Conti EcoPlus HD3 drive axle tyre earlier this year, Continental has now rounded out its range for lowliners with the new 355/50 R 22.5 Conti EcoPlus HS3 steer axle tyre. The tyres were designed for long-distance use and regional transportation with frequent use of motorways.

1718

Michelin tyres OE on 141MPG Peugeot 208

Late last month a 1.6-litre BlueHDi 100 S&S Peugeot 208 set a new long-distance fuel consumption record at PSA Peugeot Citroën’s test circuit in Belchamp, France. In the 38 hours that the standard production, 5-speed manual Peugeot was on the track it covered a total of 1,337.19 miles (2,152 kilometres) and used just 43 litres (9.45 gallons) of diesel, achieving an average fuel consumption of 141.2 mpg (2.0 l/100km). The tyres on the record-breaking vehicle were the new model’s standard fitment – Michelin’s Energy Saver +.

1719

Kingsway Tyres first dealer to register with CAM’s e-jobsheet.com

Kingsway Tyres has become the first tyre dealer to register with e-jobsheet.com, CAM’s open-access mobile data platform for digital tablet technology in the truck, bus and van service arena. Signing up at the CV Show in April, director and general manager of Kingsway Tyres, Martin O’Brien, says, “We were persuaded to register by the many benefits associated by taking greater control of our truck tyre service work which will continue to improve our processes, drive efficiencies and reduce costs.”

1720

Bridgestone Partner, Kingsway Tyres opens first Bedfordshire garage

Kingsway Tyres has opened its first depot in Bedfordshire as part of its expansion plans. The chain’s 17th garage in Old Bridge Way, Shefford, will provide premium and economy tyres and servicing solutions for cars, vans, 4×4 and commercial fleets, supported by 24 hour tyre related breakdown service vehicles, covering Bedford, Sandy, Stevenage, Letchworth, Hitchin, Luton, Dunstable, Milton Keynes plus the surrounding areas. The new opening has created four new jobs.

1721

Michelin brings two new earthmover tyres to Intermat

Two new Michelin tyres presented at Intermat 2015 in Paris are said to help worksite operators deliver higher productivity by delivering the “most advanced solutions available”. These tyres are the Michelin XTXL E4 L4, designed for loaders, and the Michelin Bibload Hard Surface, which is designed for backhoe loaders, telehandlers and compact loaders.

1723

Large stand drives ‘record visitors’ to Giti at CV Show

Following its week at the Birmingham NEC for this year’s Commercial Vehicle Show, Giti Tire said that it “registered record visitor numbers” to its new look stand. The manufacturer was displaying its new GT Radial GDR638 drive axle tyre, among others, from a large stand incorporating its corporate colours alongside its flagship GT Radial branding for the first time. The manufacturer said the use of its Giti branding was part of a plan to raise its profile worldwide in support of global infrastructure projects, such as the new $560m manufacturing and distribution plant in Chester County, South Carolina.

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1724

Hyundai i20 privateer wins Italian rally on Pirelli tyres

The very first Hyundai i20 WRC to be run by a private team has won for the first time with Pirelli. Former World Rally Championship competitor Corrado Fontana, co-driven by Gio Agnese, won the Rallye Elba in Italy, the first round of the International Rally Challenge (which is Italy’s main championship for World Rally Cars).

1725

Does WheelRight offer national forecourt roll-out potential?

Following on from the news that WheelRight is piloting a few pressure check system at Keele services on the M6, Tyres & Accessories considers what the potential is for a networked tyre monitoring system. As unusual as an external tyre pressure monitoring system is, the obvious question with WheelRight is not “how does it work?”, but rather “why are they doing this?” Of course, the Keele pressure bay trial offers a good bit of safety awareness, but there is a business case too. From T&A’s point of view the most interesting answer to our own question is two-fold -retail networks and big data.

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