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15367 search results for: eco tyres

5431

Podium finishes mark Goodyear’s return to Le Mans 24H

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Goodyear’s return to the 24 Hours of Le Mans was marked by two podium finishes and a flyover by the Goodyear Blimp during the race. British squad JOTA finished second in the LMP2 class, while French outfit Panis Racing crossed the line in third. LMP2 is the only category at Le Mans with open tyre competition and Goodyear supplied five of the 24 cars entered. The manufacturer says its two podium finishers are testament to the performance and durability of its tyres.

5432

DriveRightData partners with Bridgestone on Mobox project

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DriveRightData is partnering with Bridgestone, providing tyre identification and product matching capabilities data for the tyre manufacturer’s recently-launched Mobox monthly tyre and car maintenance subscription service. DriveRightData information supplied includes brand name, product name, description, tyre and tread images, tyre size, pressure, rim size, load and speed index, run-flat capability, EU required labelling information and barcodes.

5433

Kwik Fit owner Itochu prepares for sale scenario

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The UK’s largest tyre retailer, Kwik Fit, is being prepared for a sale. The Japanese Itochu group, which owns the European Tyre Enterprises Ltd (ETEL) holding company that controls both Kwik Fit and its wholesale counterpart Stapleton’s Tyre Services, has appointed investment bankers Nomura to advise on strategic options for the company, according to Sky News, with insiders suggesting a sale is very likely.

5434

Guizhou Tyre raises 1 billion yuan for Vietnam tyre factory in private share issue

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On 4 September 2020 Guizhou Tyre Co. Ltd’s board of directors approved plans for a private share issue. The plan was to raise 1 billion yuan in funding via the sale of now more than 200 million shares to 35 selected investors. By 11 September, the company had received the green light from the state-funded Guiyang Industrial Investment Holding Group Co., Ltd. that it would purchase no less than 43.5 per cent of the issued shares.

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5435

Béthune tyre factory closure ‘the only viable path’: Bridgestone

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Tyres & Accessories contacted Bridgestone for its response to the statement put out by French authorities following its decision to shutter its tyre factory in Béthune, France. Bridgestone addressed the characterisation of the closure as a “premeditated murder,” the idea that the plant has been deliberately allocated low-margin products, and that the plant had been passed over for investment.

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5436

Tyre particulate solution wins James Dyson Award

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The Tyre Collective – winners of the James Dyson Awards 2020 – have designed a device to capture tyre particulate at source. According to the UK Department for Environment, Food & Rural Affairs’ “Air Quality: Brake, Tyre and Road Surface Wear” report, tyre-wear accounts for nearly half of road transport particulate emissions. Furthermore, a reported half a million tonnes of tyre particles are produced annually in Europe alone, from vehicles accelerating, braking and cornering. As we move towards electric vehicles in the future, exhaust emissions will reduce but tyre particles will continue. The Tyre Collective estimate that tyre emissions may even increase, as electric vehicles become heavier due to the added battery weight. For both reasons, this year’s UK national James Dyson Award winners attempt to address this issue.

5437

European tyre industry to help achieve new EU climate goals

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The European Commission’s new target of a 55 per cent reduction in greenhouse gas emissions by 2030 has been welcomed by the tyre industry. The European Tyre & Rubber Manufacturers’ Association said that the industry is ready to “ready to contribute” to the latest decarbonisation goals. The association added that its “members have been committed to reducing their CO2 footprint throughout the tyre life cycle and investing in innovative and sustainable mobility technologies for many years now.” The association was responding to European Commission president Ursula von der Leyen’s 16 September State of the Union address.

5438

3.5 million fewer new cars on UK & European roads

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During the first eight months of this year, 3,481,721 fewer new cars were registered throughout the UK and the European Union than in the same period of 2019. This is, of course, unhappy news for tyre makers, who’ve thus delivered around 14 million fewer original equipment tyres to customers supplying the region. Registration figures for August don’t indicate a turnaround, either.

5440

Linglong renews VfL Wolfsburg sleeve partnership

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The five-year-old sponsorship arrangement between Linglong Tire and German Bundesliga club VfL Wolfsburg has been given a further boost with a two-year extension of the 2019-initiated sleeve partnership. The continued presence of the Linglong logo on the left sleeve of players’ jerseys through to 2022 complements a partnership that also includes advertising on stadium LED boards, cam carpets, matchday hospitality and digital services.

5441

Axing for the sake of axing: Unions denounce closure of profitable Continental tyre plant

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The union representing employees at a closure-threatened Continental factory has responded angrily to the decision, accusing Continental of “sacrificing” a “profitable tyre plant” as part of its savings programme. The IG BCE union particularly doesn’t understand the logic behind this step as it claims the tyre business in Aachen has achieved “double-digit” profit margins over the years and even operated in the black during the corona lockdown.

5442

Bridgestone to close Bethune, France plant

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Bridgestone has announced its plan to close its Bethune plant in France. The manufacturer said that the measure is being used to reduce production overcapacity and to improve cost efficiency. The proposal could impact 863 employees. Bridgestone added that it is “fully aware of the social consequences of this project and is committed to using all means at its disposal to define support plans for each employee.” The earliest the closure would take place is the second quarter of 2021. Bridgestone’s presence in France would continue through sales and retail operations, in which it employs about 3,500, the company said.

5443

Goodyear Blimp returning to European motorsport

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Some 35 years after its last race appearance on our side of the Atlantic, this summer the Goodyear Blimp will once again be seen at some of Europe’s most prestigious motorsport events. It will celebrate Goodyear’s return to European and international motorsport by accompanying the tyre brand’s return to the 24 Hours of Le Mans before setting flight to the Nürburgring where it will accompany the WTCR touring car races as part of the Nürburgring 24 Hours race weekend.

5444

EU lists natural rubber as a critical raw material

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The European Union has added natural rubber to its list of critical raw materials, a document that was published on 3 September 2020. Listing the main global production centres as Indonesia (31 per cent); Thailand (18 per cent); and Malaysia (16 per cent), the EU underlined that 100 per cent of European requirements are imported and that tyres and rubber components are the principal uses.

5445

Some all-season 4×4 tyre sales growing despite lockdown

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The latest data might show that 4×4 replacement tyre sales are down 6 per cent, however Tyres & Accessories asked market analysts GfK how past trends compare with current realities and found: 4×4 tyres have been hit by the effects of the Covid-19 pandemic, but far less than most other segments. At the same time, the all-season 4×4 tyre sub-segment witnessed some examples of positive growth.

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