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16184 search results for: eco tyres

4651

Sailun Group anticipating 133% profit growth for 2023

Driven by recovery within the domestic tyre market and the declining impact of destocking measures internationally in the second half of the year, Sailun Group expects to achieve a net profit of RMB 3.1 billion (£341.1 million) for 2023. This figure represents a year-on-year increase of some 132.77 per cent. Improving capacity utilisation rate pushed production and sales volumes within the company’s consumer, commercial and specialty tyre segments to “record highs,” with the gross profit margin of these products “substantially” increasing year-on-year.

4652

Cybertruck wheel covers causing excessive tyre wear

‘Form follows function’ is typically the rule, with intended use influencing a product’s design. However, electric vehicle manufacturer Tesla hasn’t quite achieved this with its Cybertruck, at least when it developed the vehicle’s aerodynamically shaped wheel coverings.

4653

Tyrenet celebrates 20th anniversary

Tyrenet launched on 9 January 2004. Initially located in Sutton Business Park in St Helens, Tyrenet’s journey began from humble beginnings. Founded by Mike Riley 20 years ago, the fleet service support business now handles 300 calls daily and delivers over 200 jobs both emergency and routine fleet maintenance, throughout the UK. After an impressive 57 years in the tyre business, managing director Mike Riley retired in July 2023.

4654

ZC Rubber sheds further light on Indonesia factory plan

Zhongce Rubber Group Co., Ltd (ZC Rubber) has officially confirmed its intention to establish a new tyre factory in Indonesia. Located within the Kendal Industrial Park near Semarang, in Central Java, the production base will cover an area of 500,000 square metres. ZC Rubber expects construction to be completed within a period of 10 months.

4655

Nexen Tire reports increased revenue, income for 2023

Nexen Tire returned to the black in 2023 with a net income of KRW 110.6 billion (£67.0 million). This result contrasts with the net loss of KRW 27.5 billion recorded a year earlier. Revenue for 2023 amounted to KRW 2,701.1 billion (£1.6 billion), a year-on-year increase of 4.0 per cent. EBITDA rose 173.3 per cent year-on-year, to KRW 388.7 billion (£235.6 million), with a margin of 14.4 per cent.

4656

Bridgestone wins design rights lawsuit in China

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.

4657

Dunlop Trailmax Raid for Suzuki special edition

Suzuki Italy has revealed a special edition of its popular V-Strom model, featuring Dunlop Trailmax Raid tyres as part of a package of adventure-focused upgrades that aim to “evoke memories of Suzuki’s historic off-road prowess.”

4658

Goodyear TruckForce Award for McConechy’s

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.

4659

Tyre News in Numbers – January 2024

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.

£300 million

The estimated worth of the total market for UK-produced and imported alloy wheels

4660

Hankook’s comprehensive car tyre range demonstrates cross-segment strength

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.

4661

Bridgestone building consumer tyre sector position thanks to Turanza range

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.

4662

Leading European tyremakers investigated as part of price-fixing investigation

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.

4663

BTMA and NTDA to push for review of MOT tread depth advisories

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.

4664

European Commission ‘conducting antitrust inspection’ at Bridgestone

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.”

4665

European Commission investigators make unannounced inspection at Continental

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.

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