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The weekend’s round at Silverstone marked the start of Hankook Tire’s fourth year as official tyre supplier of the Formula 3 European Championship. The current season consists of 11 rounds and a total of 33 races, and will see competitors take to the track on the Ventus F200 slick and Ventus Z207 wet surface tyres. Hankook says this rubber – which it developed exclusively for the championship – has been ‘enhanced’ for the new season.
At Nokian Tyres’ Annual General Meeting yesterday, it was decided that shareholders will receive a dividend of €1.45 per share for the financial year ending 31 December 2014. This is the same amount as paid out per share for the 2013 and 2012 financial years. The dividend will be paid to shareholders included in the shareholder list maintained by Euroclear Finland Ltd on the record date of 10 April 2015. The dividend payment date is 23 April 2015.
In December 2013 and January 2014, Finland’s Tax Administration ordered Nokian Tyres plc to pay additional taxes totalling €100.3 million following a reassessment of the 2007 to 2010 tax years. The tyre maker appealed this decision and now reports that The Board of Adjustment within Finland’s Large Taxpayers’ Office has annulled the reassessment decision and returned the matter back to the Tax Administration for reprocessing.
The latest GRI G4 compliant Corporate Sustainability Report from Nokian Tyres is now available. This report, says the tyre maker, describes Nokian Tyres’ activities from the perspective of environmental, social and economic responsibility as part of an international value chain.
Kirkby Tyres has revealed its plans to support its Double Coin and Sailun product ranges from two different stands at this year’s CV Show. Both brands will be exhibited on dedicated, neighbouring 84m2 stands separated by a walkway in Hall 3, with Kirkby staff participating on both stand 3D79 (Double Coin) and 3C70 (Sailun Tyres). The CV Show is held annually at the NEC, Birmingham, and takes place on 14-16 April.
Autoparts UK has extended its bicycle activities by becoming the official distributor for Coyote Fat Tyre Bikes. The motor factor says that initial sales already ahead of expectations; it is positioned to capitalise on the recently documented increase in cycling’s popularity in the UK.
In Nokian Tyres’ opinion, advertising within the tyre industry is often boring, and they may have a point. So the company decided to do something about this by arranging and filming a surprise for customers at one of its Vianor retail centres in Gothenburg, Sweden. Unsuspecting motorists arriving for tyre changes were treated to a ‘personal gig’ from Swedish heavy metal band Hammerfall, and the YouTube video of the event has been viewed almost 700,000 times within three days.
Innovative practices aren’t only found amongst the big players in the retreading industry. One small Dutch firm has invested in a better way of keeping tabs on the tyres it retreads, and aims to extend this to the fleets it works with. In February, Tyres & Accessories spoke with Hans Jörg from Lopik-based retreader Roline, and learnt how a technology of interest to top level motorsport is being used in retreaded bus and truck tyres.
On 20–21 March, 14-time motor sports record-holder Andrey Leontyev and ice captain Alexander Burmeyster set an absolute record by achieving the greatest average speed on ice over a 1000km course on Lake Baikal. The vehicle used was a Volkswagen Touareg production vehicle with standard tyres and service fluids.
While the abrasive Sepang surface has led to Pirelli supplying its two hardest compounds – the P Zero White medium and Orange hard slicks – to Formula One’s second grand prix of the season, the likelihood of intense rain means the 2015 Cinturato wet tyres could see competitive action in Malaysia. If the slick tyres do see use, Pirelli once again anticipates lap times around two seconds quicker than in 2015, which will “exponentially increase the workload on the tyres,” explains Paul Hembery, Pirelli motorsport director.
Another tyre test win for Continental: Following on from its victory in the ADAC summer tyre test (size 185/60 R14 H), the PremiumContact 5 has beaten 52 other tyres to take top spot in Auto Bild magazine’s 2015 size 185/60 R15H summer tyre test, and was also voted Auto Bild’s ‘eco champion’ due to its low wear and rolling resistance.
Two new SUV tyres have joined the Nokian Tyres summer tyre range, the Line SUV and the zLine SUV.
Should Europe’s retreaders play a word association game, most if not all would pair the word ‘casing’ together with ‘shortage’. The dearth of retreadable casings in certain sizes has been an issue for a number of years now, and as yet no end to the situation is in sight. Retreaders not content with idly sitting by and waiting for suitable casings to come their way have needed to be creative and find alternative ways of sourcing them. Obo Tyres is doing just that; the Netherlands-based company has decided to break its reliance upon the open used casing market by entering into a new business area, and recently spoke with Tyres & Accessories about its plans to ensure the ongoing prosperity and growth of its retreading operation.
One challenge for UK-based transport companies crossing the Channel is ensuring vehicles comply with the permitted overall four metre height limit. Continental aims to address this with its new Conti EcoPlus HD3, its first drive axle tyre developed exclusively for low-liners. This 315/45 R22.5 tyre is designed for the requirements of the volume transport segment, and despite its low diameter is suitable for axle loads of 11.6 tons in twin fitment. The tyre maker says its new low profile tyre is the lowest in its class and enables the best use to be made of a trailer’s three metre internal load height without exceeding the European maximum permitted total height.
Following its analysis of the data from the opening Australian Grand Prix, Pirelli has restated its pre-season prediction that lap times in Formula One could be two seconds faster throughout the 2015 season.
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