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Tyre inflation expert PCL will showcase its new Bluetooth enabled Accura Qube at Automechanika Frankfurt 2024. Featuring all the benefits of the standard Accura Qube Series II, the Bluetooth model simplifies is well suited to HGV roadside tyre maintenance as it provides a 15-metre operating range, allowing the operator to keep out of harm’s way in case of tyre failure during inflation.
Our monthly magazine column looks back at the biggest news events from the tyre industry five, 10, 15 and 20 years ago. This month's edition looks back to July issues from 2004, 2009, 2014, and 2019 for some of the biggest tyre industry news of those months. Click the month and year to access the digital edition of the relevant issue of the magazine from Tyres & Accessories’ expanding digital archive.
Nexen Tire has announced revenue of KRW 763.8 billion (£427.73 million) and operating profit of KRW 62.9 billion (£35.22 million) for the second quarter of 2024. This reflects a 10.5 per cent increase in revenue and a 69.5 per cent increase in operating profit compared to the same period last year.
London-based cleantech start-up, The Tyre Collective, has announced a partnership with electric delivery company, HIVED, to advance research in capturing and reducing particle emissions from tyres. Starting in August, The Tyre Collective’s fourth-generation prototype device (TC04) will be installed on five of HIVED’s all-electric delivery vans in London.
South African retailer Tiger Wheel & Tyre will open six new stores across South Africa and Namibia over the course of just six weeks. The expansion underscores the brand’s position as a dominant force in South Africa’s automotive service industry, built over its 57-year history.
In a move related to its November 2023-unveiled Goodyear Forward transformation plan, The Goodyear Tire & Rubber Company intends to relocate 175 positions from its global headquarters in Akron, USA to Costa Rica. Doug Grassian, promoted earlier this month to become the tyre maker’s vice president of global communications, explained that the positions moving to Costa Rica support corporate functions and Goodyear’s business segment covering North and South America.
According to Forbes, the global smart retail market size is expected to grow at a compound annual growth rate (CAGR) of 29.1 per cent by 2030. To that end, Denso Wave believes RFID is one of the most important keywords. Denso Wave Europe is a global provider of high-quality RFID and Auto-ID solutions and offers decisive advantages for retailers. Among other things, the SP1 RFID reader enables numerous process optimizations.
Two years ago, a severe drought hit the Nelson Mandela Bay municipality on the southern coast of South Africa. Reservoirs were nearly empty, pushing the population of 1.3 million close to “day zero” when water stops flowing from the taps.
Andrea Crugnola won in a Citroen C3 running on Pirelli rally tyres for the second year running at the Rally di Roma Capitale, a round of the Fia European Rally Championship and the Italian Asphalt Championship. As well as Crugnola, who drove a strategically sound rally, there was another Pirelli runner on the podium, Simone Campedelli, who finished second in a Skoda Fabia thus ensuring the Italian Championship battle is still wide open.
North America’s agricultural tyre market was valued at over US$930 million last year but is projected to reach $1.3 billion by 2030, Trelleborg Tires tells us. The tyre maker has maintained a production presence in this, the world’s largest agricultural market, since 2015. It has now announced a significant capacity increase at the 40,000 square metre Spartanburg, South Carolina plant.
Online used car retailer Cazoo entered administration in May 2024 after cutting hundreds of jobs as part of a largescale restructuring programme. The site enabled motorists to buy, part-exchange and finance vehicles entirely online, with delivery 72 hours and a seven-day returns policy.
From July, Yokohama Rubber is supporting its tyre development programme with a system that uses eXplainable AI (XAI) to make the development process clearer and more efficient. This advanced system aims to improve the work of both seasoned and less experienced tyre developers, reducing lead times and cutting costs.
Wang Feng has stepped down as Chairman of Aeolus Tyre Co. Ltd. On 19 July, the Sinochem Holdings subsidiary announced Wang's resignation from this post, adding that, going forwards, he will not hold any position within the company. The Aeolus Tyre Board of Directors has elected Wang Jianjun to succeed Wang Feng as head of the tyre maker.
The IAA Transportation show will take place in Germany in less than two months’ time, and the exhibitor list includes many familiar names from the tyre industry. Two major manufacturers recently shared what they intend to highlight at the commercial vehicle, logistics and transportation trade fair.
For the first half of 2024, Michelin reports total sales of €13,481 million, 3.1 per cent lower year-on-year than the €14,079 million achieved in the same period of 2023. Despite lower sales, segment operating income increased from €1,704 million and 12.1 per cent of sales in H1 2023 to €1,782 million and 13.2 per cent of sales, driven by mix improvements and reduced operating costs.
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