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The FIA has approved Pirelli Motorsport’s request under article 10.8.3 of the Formula 1 technical regulations to introduce a new specification of slick tyre. Pirelli will first provide this new tyre for the British Grand Prix, which takes place at Silverstone from 7 to 9 July.
Petlas will invest $360 million in the construction of a new light vehicle tyre production facility adjacent to the Turkish company’s existing plant in Kırşehir. The new production line will produce 100,000 tons of tyres for passenger cars and light commercial vehicles, increasing the manufacturer’s total capacity by 42 per cent, reaching 340,000 tons. It will create around 1,850 new roles. Petlas expects to break ground on the new factory in 2023, with completion slated for 2024-25.
Craig and Simon Reid and the rest of the team at Reid Freight Services are completing final preparations to transport their two racing trucks to Brands Hatch for the first event of the 2023 British Truck Racing Championship season when Tyres & Accessories visits the regional haulage firm’s Stoke-on-Trent site. The brothers and their father, David, have a long history of competing in one of motorsport’s most unique disciplines, with a reception area lined with trophies and memorabilia from track-based competition to show for it. In 2023, both brothers are competing in division one of the BTRC. Craig, who is infectiously enthusiastic about racing if also endearingly downbeat about his own chances in the competition, took the time to tell T&A about the Reid brothers’ trucks, the competition, and his affinity for the tyres of the series’ exclusive tyre supplier, Giti, both on-track and on the Reid fleet of trucks, heavy haulage trailers and specialist rail logistics units.
Deep into its second decade of UK development, the Point S Tyre and Autocare independent tyre dealer ad car maintenance network is establishing its offer to the fleet market, using the 2023 edition of the Commercial Vehicle Show to present and demonstrate its programme for fleets, including a new online management system. Point S was also present at the show in 2022, using its stand at the Birmingham NEC hosted event to introduce the brand to UK fleets at the commercial market’s most prominent national platform. It also demonstrated its improved offer to truck fleets; Point S exhibited alongside truck tyre distribution partner, International Tyres, showcasing the Fortune truck tyre range and Point S’s own brand of van and car fitments, produced by a leading tyre manufacturer from Germany. Fortune is a brand of rapidly developing Asian tyre manufacturer Prinx Chengshan, produced in Thailand and thereby avoiding current tariffs placed on truck tyres produced in China, features a casing warranty designed to extend the useful life of every Fortune tyre. With these foundations laid, Point S’s UK network swelling to more than 300 members and Tony Valentine installed as the company’s UK fleet manager, the company is now poised to offer, in its own words, a “competitive and cost-effective solution.” Tyres & Accessories visited the company’s stand in Birmingham to discuss the move into the fleet market.
On 27 April 2023, Qingdao Sentury Tire officially registered its planned new tyre production and sales operation, Sentury Tire Morocco. The company is a wholly owned subsidiary of Sentury (Hong Kong) Trading Co., Ltd. With an investment of US$296.78 million, Sentury Tire intends to set up a plant in Tangiers with the capacity to manufacture 6 million car and light truck tyres annually.
Michelin is the first recipient of the Winning Tyre of the FIA European Rally Championship, an initiative introduced to highlight the achievements of the ERC’s four official tyre manufacturers, Hankook, Michelin, MRF and Pirelli. The ERC Winning Tyre accolade goes to the manufacturer whose products equip the victorious crew at each event.
Sailun Group Europe has introduced several new tyres featuring its EcoPoint3 liquid-phase mixing technology. One of these products is the Sailun Atrezzo ZSR2, a tyre hailed by its manufacturer as the “ultimate combination of sustainability and performance.” Atrezzo ZSR2 is available in sizes for 17- to 20-inch rims, 205 – 275mm tyre widths, 30 – 55 cross sections and speed ratings W and Y.
In April we took an in-depth look at the progress of the Goodyear-Cooper integration, roughly two years after the acquisition was announced (see ‘Mission “successfully completed”? The Goodyear-Cooper integration and its contradictions’, Tyres & Accessories, April 2023). Now, in parallel with the publication of the company’s first-quarter 2023 financial results, executives have sought to answer those questions with the publication of a “Cooper Tire Integration Update” on 4 May 2023. In short, the update states that “the combination has significantly strengthened [Goodyear’s] leadership position in the global tyre industry” and that the “results of the integration were better than expected when the deal closed in June 2021”. However, Goodyear has also been significantly loss-making for the last two quarters and admitted during the first-quarter 2023 results that it is being forced to review its burgeoning brand portfolio in light of its negative fiscal position.
Despite its turnover increasing 4.6 per cent to more than 62 million euros in 2022 – a new record for the company – tyre recycler Genan reports that decreasing steel prices and significantly higher energy and freight costs more than halved its year-on-year earnings to less than 1.5 million euros. In response, the company is now speeding up its ongoing work to invest in renewable energy sources.
Pneumatics specialist PCL has extended its tyre inflation portfolio with the introduction of the UK’s first air tower for bicycle tyres. The Digital Bicycle Tyre Inflator is designed for public use and available across Europe and worldwide, including the Far East.
Despite a first-quarter 2023 net loss of $101 million, down $197 million compared with $96 million of positive income 12 months ago, Goodyear executives tried to shine a positive light on the US-based tyremaker’s latest financial results. Volumes may have been 3.2 million units lower than the same period last year at 41.8 million units, but net sales grew 1 per cent compared with the first quarter of 2022 and 4 per cent excluding foreign currency effects. And Goodyear EMEA is back to breakeven, but that wasn’t enough to avoid talk of accelerated cost-cutting measures.
Following the success of the Tyre Technician Professional Development Scheme (TTPDS), which has seen more than 12,000 tyre technicians trained, assessed as competent and issued with a licence since 2014, the NTDA has launched a new licence specifically for mobile tyre technicians working on car and light vehicle tyres.
Although track enthusiasts in the UK and Europe have been acquainted with the Bridgestone Potenza Race since last year, their brethren across the Pond have been denied the opportunity – until now. Bridgestone Americas has added the road legal semi-slick tyres to its Bridgestone Potenza line-up.
Starting this month, Goodyear is rolling out the next generation of its UltraGrip winter tyre range, the UltraGrip Performance 3. The tyre enters the market as successor to both the UltraGrip 9+ and UltraGrip Performance+ and by September 2023 will be available in 94 sizes for 14- to 21-inch rims.
In addition to recycling end-of-life tyres, Pyrum Innovations is utilising its technology for the recycling of carbon fibre-reinforced plastics (CFRP). After almost four years of development, the firm has commissioned an automated, semi-industrial CFRP recycling plant. The company points out that this is the ”first time CFRP has been holistically recycled worldwide.”
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