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The Supreme People’s Court of the People’s Republic of China has ruled in favour of Bridgestone Corporation in a lawsuit against Shandong Hawk International Rubber Industry Co., Ltd. (Hawk Tyre). Bridgestone had alleged that the Chinese manufacturer infringed its tyre tread design rights.
McConechy’s Tyres Coatbridge has gained a Goodyear TruckForce Award, an accolade that “recognises the exceptional service provided by TruckForce partners on a quarterly basis.” Goodyear honoured McConechy’s, which is part of Halfords Commercial Fleet Services, for its dedication and professionalism.
Tyres & Accessories' monthly 'Tyres News in Numbers' column boils down the latest tyre industry news to the most important statistics of the month. This month we look at the big numbers from December 2023.
The estimated worth of the total market for UK-produced and imported alloy wheels
Hankook’s comprehensive range of summer, all-season and winter car tyres has received excellent reviews from testers and tyre review platforms over the past year. This acclaim extends to the iON tyre family specially developed to meet the demanding requirements of electric vehicles. The core summer collection comprises Ventus S1 evo Z, Ventus S1 evo 3, Ventus S1 evo 3 SUV, Ventus Prime 4, Kinergy ECO 2, iON evo and iON ST AS both for cars and SUVs. The all-season range includes, the Kinergy 4S2, Kinergy 4S2 X for SUV’s and the iON FlexClimate for cars and SUVs. The core winter collection comprises the Winter i*cept evo 3, Winter i*cept evo 3 X, Winter i*cept RS 3 and the iON i*cept for cars and SUVs.
With the recent launch of the Bridgestone Turanza 6, the manufacturer presented a touring summer tyre built on its Enliten technology platform that offered maximum applicability to the general motorist market. Succeeding the award winning Turanza T005 and the T001 Evo before it, the Turanza 6 incorporates electric vehicle-readiness and is presented in a wide range of sizes for both passenger cars and on-road SUVs, whether they are internal combustion engine, hybrids, or EVs. The tyre meets the demands of both general driving and the specific requirements of electric vehicles such as improving energy efficiency, maximising battery range, and accommodating the increased weight and torque of EVs.
Unannounced inspections, investigations, visits, raids. Whatever you call them, having the European Commission come knocking uninvited is not how any tyre manufacturer wants to start 2024. Nevertheless, that is exactly what happened at the tail-end of January across “several member states” within the European Union.
The news that the government is maintaining annual MOTs in the present 3-1-1 regime was universally welcomed by the industry. But tyre retailers up and down the country continue to highlight the appalling reality that many tyres are changed past the legal limit and in shocking states of disrepair. For many motorists, the MOT is an annual driving sanity check, reminding them to change their tyres and other safety-critical car parts. That reality and the increasing prevalence of electric vehicle and ADAS technology have prompted calls for an upgraded MOT – not least from the BTMA and the NTDA.
Bridgestone joined four other manufacturers in confirming to Tyrepress that it has been part of the European Commission’s series of unannounced inspections at tyre makers active within several European Union member states. A representative told Tyrepress: “Bridgestone can confirm that the European Commission is conducting an inspection at its European Headquarters. As a responsible company that is committed to fair practices and transparency, Bridgestone is fully cooperating.”
The European Commission’s unannounced inspections at European tyre company premises today included Continental. The Hanover, Germany based manufacturer said, “We can confirm that as of today investigations by European antitrust authorities are taking place at Continental in Germany.” A representative added that the company could not comment further on an ongoing investigation. The EC is investigating concerns of price coordination on new replacement tyres for passenger cars, vans, trucks and busses sold in the European Economic Area.
The European Commission is carrying out unannounced inspections at the premises of companies active in the tyre industry “in several “member states”. The reason? “The commission has concerns that the inspected companies may have violated EU antitrust rules that prohibit cartels and restrictive business practices”, according to an official statement. So far, Nokian Tyres, Continental, Goodyear, Pirelli, and Bridgestone have confirmed they have received an unannounced inspection.
We’ve done Covid-19 and grown used to rising energy prices. Now it’s 2024, and our crise du jour involves an important sea lane and those intent on disrupting its navigation. The situation is making itself felt in many parts of the tyre business, including the two-wheeler tyre segment.
Toyo Tire Corporation has announced changes related to its business within Europe. Effective 1 February, the company is “constructively” dissolving its International Production Division’s Europe Project Development Department. Meanwhile, Takanori Murase will become the new General Manager of Toyo Tire Corporation’s Europe, Sales Department and Sales Division for the Africa & Middle East region, effective 1 April 2024.
In 2023, China’s tyre industry experienced “ice and fire”. On the one hand, large tyre makers with sufficient foreign trade orders or with overseas factories doubled growth in revenue and net profit. On the other hand, the slow recovery of the Chinese market, especially the lack of demand in the radial truck tyre (TBR) sector, has put the entire downstream industry under tremendous pressure.
The Italian Guardia di Finanza has discovered large-scale online tyre fraud. According to our sister publication Pneusnews.it, the investigation has led to the execution of five “personal precautionary measures” for VAT fraud in the Italian online tyre trade and the seizure of about 40 million euros by Turin European Public Prosecutor's Office.
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