Federal Announces Record Shipments in March
(Akron/Tire Review) Federal reported that it has achieved a new record for shipments in March. Total shipment value from the company’s Taiwan factory reached $11million, according to Federal.
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High Performance Tyres
The growth of high performance tyres in the UK is outpacing the rest of Europe. V-Z rated tyres have grown 15-20 per cent in the last year. However the sector has, in the past, been largely led by OE fitment and reserved for the main players. How well are second line and budget brands competing in the aftermarket? Tyres & Accessories looks at how tyre manufacturers are extending the boundaries and what exactly is possible when it comes to upgrading tyres.
Cooper Tyres Championship Kicks Off
Drivers from 15 different countries, including Great Britain, Venezuela and Canada, will be among the contenders of the opening two rounds of the 2005 Cooper Tyres Championship for Formula Ford 2000 cars, that kicks off as part of the Grand Prix of Atlanta ALMS event at Road Atlanta next weekend.
Drivers Jay Howard and Joey Foster will be representing Britain. Howard contested two races in the Cooper tyres championship last season, winning once at Infineon Raceway. Foster won the Formula Ford Festival and World Cup at Brands Hatch in 2003, and will drive for Cape Motorsports, which has won the title in three of the last five years.
Toyo Equipped Cayenne Breaks Record
(Akron/Tire Review) A Toyo Proxes S/T equipped Sportec Cayenne Turbo SP600M broke the Fastest SUV in the World title by lapping the Automotive Testing Papenburg oval test track in Germany at a top speed of 191.65 mph. The test was held 10 March, according to Toyo officials. Driven by Sportec’s Andreas Hodel, the new mark shattered the previous record of 175 mph set in 2003 by a Kleenman ML55K also running on Toyo’s Proxes S/T tyres.
”We are very proud of this record set through a collaborative effort between Toyo and Sportec, said Travis Roffler, Toyo Tire (USA) Corp.’s senior director of marketing. “The fact that another world class tuner selected the Proxes S/T to break such a prestigious record demonstrates their continued confidence in the engineering excellence and overall quality of Toyo products.”
Opinion: How Good Are Retreaded Tyres, Really?
(Akron/Tire Review) With advances in technology, materials and manufacturing, today’s radial truck and bus tires provide more performance, reliability and safety than ever before. Truck and bus tyre manufacturers design their tyres for multiple lives, meaning the tyres are designed to be retreaded. And every day, millions of retreaded truck and bus tyres are performing flawlessly all over the world in all types of weather and on all kinds of roads.
Apollo Tyres Gains Buy Rating
The Hindu Business Line newspaper has given Apollo Tyres its ‘buy’ rating. Though the performance of the Indian tyre companies have not been overly impressive in recent quarters, the situation is likely to improve, the report added, suggesting that Budget proposals along with the price hikes effected in the past would have a positive impact on tyre companies’ earnings.
Fisichella: Australia Tyres ‘Fantastic’
Renault’s Giancarlo Fisichella wants to win again in Malaysia and is under no illusion about the part that tyres will play. “I will do everything I can to win the race,” the Italian told the Reuters news agency. “In Australia the tyres were fantastic,” he said. “I did my best lap time on the 55th lap with just two laps left. Malaysia will be more severe for the tyres because track temperature is much higher. We will need to save the tyres to win the race.”
Fisichella’s recent victory in Australia was his second in 142 races. The driver said Ferrari and McLaren would be Renault’s main threats and added that tyre preservation will be a crucial factor in Sunday’s race. New rules require drivers to qualify and complete the race on the same set of tyres.
Kwik-Fit Breaks Tyre Rolling World Record
Kwik-Fit staff, friends and family have successfully set a new Guiness World Record for simultaneous tyre rolling. In doing so they helped to raise over £30,000 for the Tsunami Appeal. The attempt, held at Chester Race Course resulted in 238 people each rolling a tyre over 100 metres, narrowly breaking the previous world record by just one person.
Continental Becomes First South African Run-Flat Producer
At the end of February Continental Tyres South announced that it had become the first manufacturer to produce run-flat technology in the country, South Africa Treads reports. The company reports that it is both “proud” and “excited” by the news, and will be embarking on comprehensive training programmes with its dealer network around the country. The SSR will grace the new generation BMW 3-series, scheduled for release in June.
Tenneco on Tour
Tenneco Automotive is embarking on a new safety campaign called ‘Testing Days on Tour.’ The manufacturer is putting a fleet of testing vans on the road to travel across Europe, testing motorists shock absorbers, springs, exhaust systems and catalytic converters checked, free of charge at participating garages.
Kwik-Fit Staff Set for World Record Attempt
Kwik-Fit is urging the fleet and tyre industries to sponsor its world record attempt and support the Tsunami appeal at the same time. 300 Kwik-Fit staff family and friends are aiming to break the existing record for the most people rolling tyres simultaneously over a designated distance.
Hankook Becomes US Touring Car Championship Sponsor
Hankook Tire America Corp has signed a three-year agreement making Hankook the official sponsor of the Hankook US Touring Car Championship (USTCC) race series until the end of 2007. According to a Tire Review report, under the agreement, Hankook’s Ventus RSS Z211 R-Compound racing tyres will be the control tyres for the 2005-series racing event. In addition, the tyre company’s logo will be prominently displayed at each racing venue and on competitors’ vehicles.
“Hankook is dedicated to expanding our motorsports activities, both as a demonstration of our technology, as well as our brand-building marketing campaign,” said Choi. “We look forward to a productive relationship with the USTCC — and to excellent competition over the next three years,” commented J W Choi, president and CEO of Hankook.
German Police Blame Tyres for Coach Death
German police investigating a fatal coach crash have criticised the “irresponsible” decision to send the British coach to Germany without winter tyres, according to British media reports. The accident resulted in the death of coach hostess Rosie Nolan, who died when she was hurled from the vehicle as it overturned in snowy conditions. The coach was en route to Austria for a ski trip when the accident occurred.
Watford-based Cantabrica Coaches said it was “flabbergasted” at police claims that the coach had the wrong tyres. The Highway Police in Wattenheim had said the coach was only equipped with balding summer tyres. “In the opinion of the police, it is irresponsible to send a bus with such tyres on a trip in the winter,” they said in a statement.
“We are flabbergasted that the police would say such a thing. The company has been operating for 26 years without a serious accident,” company spokesman Simon Posner said, defending his company’s safety record. “It is a modern coach, it has all the safety fittings and it was fully checked before it went,” he said. Another seven Britons were seriously injured in the crash near Grunstadt on the Mannheim-bound stretch of motorway.
TireCon Promises Transparency in the Vehicle Parc
Media Multiplex presented its vehicle parc management software TireCon, at Reifen 2002 for the first time. Three years later its goal is to establish the software as a standard European solution for haulage contractors, passenger car, truck, bus and other vehicle fleets for tyre dealers, service chains and leasing companies.
Nokian Tyres Announces Directed Share Issue
Nokian Tyres has revealed that it will issue a maximum of 1.074 million new shares in a directed share issue to selected investors today. This corresponds to 9.9 per cent of shares outstanding. According to a Deutsche Bank analyst, the move could be an early indication of a possible acquisition. “Nokian only has a track record of acquiring and integrating tyre retail and distribution companies. It has not integrated tyre plants historically,” they add. Despite a large investment programme, the analysts still expect 117 million euros of positive cash flow.
