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15348 search results for: eco tyres

2656

Germany’s Gumasol Becomes Ruia Group Subsidiary

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On August 1 the German tyre component manufacturer Gumasol-Werke Dr. Mayer GmbH & Co. KG became a subsidiary of India’s Ruia Group. The firm will continue operation at its site in the Rhineland-Palatinate town of Germersheim under the name Gumasol Rubber-Tec GmbH and all 110 jobs at the plant have been retained. Gumasol describes its acquisition by the Ruia Group as “a new chapter” for a company “rich in tradition”, and comments that the incorporation of a previously medium-sized firm into an international enterprise “offers very good perspectives for Gumasol-Werke.”

2657

ATS Euromaster Orders £3 Million of Cold Weather Tyres

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ATS Euromaster has placed advance orders for over £3 million worth of cold weather tyres, following strong interest from UK car and van fleets. The decision to raise its winter inventory with more of Michelin’s Pilot Alpin PCRs and Agilis Alpin van tyres comes amidst claims that the upcoming winter will yield greater demand for the seasonal product. The tyre specialist announced its plans to roll-out a cold weather tyre programme in April, and Steve Bury, Head of National Car at the fast-fit specialist, says the company has been quick to set-up the infrastructure and IT systems required to support the planned introduction this October.

2658

Nokian Increasing Capacity in Second Half to Meet Demand

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Net sales at Nokian Tyres rose 36.3 per cent year-on-year during the second quarter of 2010 to 260.4 million euros, giving the Finnish tyre maker total net sales of 444.2 million euros in the current financial year – an increase of 28.1 per cent over the first half of 2009. Operating profit for the quarter was 60.9 million euros, a year-on-year growth of 200 per cent, while operating profit for the first half stood at 82.0 million euros, up 369 per cent on the corresponding period of last year. Second quarter net profit amounted to 52.6 million euros, a growth of 342 per cent on the 11.9 million euro profit in quarter two of 2009. Profits for the first two quarters total 72.6 million euros, an impressive 4,740 per cent increase on the 1.5 million euro profit reached in the first half of the 2009 fiscal year.

2659

Olympic Skier Harvests European Tractor Record

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Sometimes you just have to do something to prove it can indeed be done. Olympic medallist Giorgio Di Centa may have had this thought in mind as he steered his tractor, a Same Silver3 110, up to a height of 3,175 metres at the Pirovano ski hut in Italy’s Stelvio Pass. Di Centa achieved this unusual goal using CGS manufactured Continental AC70 T agricultural tyres fitted with König snow chains. Upon his arrival, he could warm himself with the thought that he had driven a tractor higher than anyone else in Europe, a feat attested to by the Italian Timekeepers Association (Federazione Italiana Cronometristi). On his way to this dizzying height, Di Centa encountered terrain that varied between paved road, stone and ice.

2660

Birla Tyres Lockout Ends

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Kesoram Industries Ltd has informed the Bombay Stock Exchange that the lockout at its Balasore factory in India’s Orissa state has been lifted. As of 6am on August 3 operations recommenced at the facility. A company spokesperson reported that almost 90 per cent of workers returned to work for the first shift. Tyre production will restart on August 4.

2661

Kings Road Tyres Believes Brityrex “Will Come Back Strongly” in 2010

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Having taken the opportunity to promote its private Kingstone brand in Europe at Reifen 2010, wholesaler Kings Road Tyres goes into Brityrex looking to build relationships and communicate information effectively in the face-to-face format offered by the exhibition, in addition to continuing the stride made this year with Kingstone.

2662

Stamford Tyres Probing Markets for Increased Penetration following “Foundational” FY2010

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Stamford Tyres is a business of two major halves. Firstly it runs a distribution business in nine countries including its home nation of Singapore; secondly it is the manufacturer of its SSW brand of wheels and the owner of its outsourced manufactured Sumo Firenza proprietary brand tyres, which it displayed in Europe recently at Essen 2010. “We help the plants with technical assistance, with our own designs for products, and we own our own tooling,” explained the company’s CEO and president, Wee Kok Wah when Tyres & Accessories interviewed him on his recent visit to London following Reifen 2010. “That way we can gear our capacity quite quickly and easily. We have a large team of engineers in China to deliver product quality assurance. The product meets the highest standard that you want.”

2663

Goodyear “On the Right Path” in Second Quarter

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According to company president and chief executive officer Richard J. Kramer, Goodyear “pulled the right levers” during the economic downturn and is thus well positioned for growth opportunities presented by the recovery. “During the second quarter, we achieved significant progress across all our businesses, driven by a combination of sales growth and cost actions,” said Kramer during a conference call on July 29. “Versus the comparable prior year period, sales were up 15 per cent, units up 10 per cent and segment operating income was $219 million, an improvement of more than $190 million from the second quarter 2009.”

2664

Daniel Hemric Wins Legends Million on Federal Tyres

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Federal Tires was chosen as an official sponsor of tires for the US Legends Million held at Charlotte Motor Speedway, North Carolina, over the weekend of 15-17 July. In a fierce battle, Kannapolis, N.C., native Daniel Hemric won the inaugural contest, the largest grassroots race in history, taking home $250,000 with the victory. Doug Stevens held on to finish second, followed by Steven Cantrell, David Ragan, and Tyler Green.

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2665

Should VOSA Call Time on Old Tyres?

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The news that Alan Crickmore, a Gloucestershire coroner has written to the Secretary of State for Transport (Rt Hon Philip Hammond MP) calling for a ban on vehicle tyres that are more than 10 years old lends new support to a cause that has been a topic of discussion within the industry for some time. The case Crickmore referred to was the death of Nazma Shaheen, whose Toyota Lucida was travelling northbound along the M5 when a tyre burst and the car clipped a kerb and rolled over, throwing Mrs Shaheen clear of the vehicle on 6 May 2009. Tyre age was said to have precipitated the accident. What stood out for me the first time I read about this case, apart from the tragic circumstances that initially caused the coroner’s involvement, was the fact that this was the first time that a completely non tyre-related party has publically called for an overhaul of the tyre aging rules.

2666

Veyron Tyres Last Just 37 Miles at Top Whack

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While everyone else was drooling over the Bugatti Veyron Super Sports’s jaw dropping 267 mph (431 km/h) performance on the BBC’s Top Gear programme last night, Tyres & Accessories was observing the tyre geek angle – at those kinds of speeds even the best tyres simply don’t last very long. During his report, May pointed out that Bugatti engineers had told him the car’s tyres lasted for around 37 miles a speeds of up to 258 mph (414 km/h). At speeds beyond this, however, the tyres’ life expectancy is somewhat more opaque: “Ask an admiral how deep his submarine goes,” Top Gear’s May was told.

2667

Lorenzo Sets Records on Asymmetric Rear at MotoGP US Round

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Jorge Lorenzo rode his Fiat Yamaha to a new fastest race time in Round 9 of the 2010 MotoGP Championship on Sunday, tearing around the United States’ Race Mazda Raceway Laguna Seca, furthering his lead and seemingly inexorable rise to this season’s title. Tyre supplier Bridgestone was quick to explain the advantage its hard front and softer asymmetric rear slicks had given the field: every rider favoured the softer option asymmetric rear slick tyre which featured the improved medium compound rubber to offer better warm-up performance. “Its increased level of performance at higher temperatures was the reason it was sufficiently durable for race distance even as the track temperature reached 44 degrees,” a Bridgestone statement read.

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2668

Tyreshopper Gets Online Performance Gong

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Tyre e-tail operation Tyre Shopper (www.tyre-shopper.co.uk), which is linked to National Tyres parent company Axle Group Holdings, has been recognised as one of the top 10 most popular websites in its category in the UK Online Performance Awards 2009. The UK Online Performance Awards from Experian Hitwise celebrate the most successful UK websites across 60 key industries, based on market share of UK visits received throughout 2009. Hitwise monitors the internet usage of over eight million online consumers in the UK to gather this information.

2669

European Used Tyre Recovery Rate Reaches 96%

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ETRMA, the European Tyre & Rubber Manufacturers’ Association, claims that the market for tyre derived products has become one that is “sustainable and economically viable.” Despite that fact that the recession is having a negative impact on the supply of end-of-life tyres to sorting and recycling companies, the ETRMA confirms that a positive trend in the management of end of life tyres is occurring, and the European recovery rate has now reached 96 per cent. “This achievement also promotes Europe as one of the most advanced regions in the world in the recycling and recovery of tyres,” claims the ETRMA in a press statement.

2670

Demand for Industrial Tyres Lifts Trelleborg Wheel System sales

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Although its year-on-year sales share of the group total slipped from 11.1 per cent in the second quarter of 2009 to 10.7 per cent in quarter two of this year, sales at Trelleborg Wheel Systems grew two per cent year-on-year during the three month period. Sales for the division came to SEK 795 million (£70.7 million), a figure that represents eight per cent organic growth counterbalanced by negative six per cent exchange rate effects. EBITA margin in the three months between April and June 2010 was 10.3 per cent, down from 13.8 per cent a year earlier. The Swedish company states that markets outside North America and Europe recorded positive performance for volume and earnings.

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