EWC: Bridgestone going for win in round 3
Bridgestone says it is aiming to go one better than its Le Mans second place when the world’s top motorcycle endurance teams take on the 8 hours of Oschersleben in Germany on 20 May.
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Bartec one of the ‘1000 Companies to Inspire Britain’
Bartec Auto ID Limited (Bartec) has been named as one of the London Stock Exchange Group’s ‘1000 Companies to Inspire Britain’. The report celebrates the UK’s most inspiring and fastest-growing companies. The Barnsley based, family-owned company was formed in 1992 and has become a tyre pressure monitoring systems (TPMS) global leader, fulfilling the criteria set out by the London Stock Exchange Group and supported by the UK government.
Keep your eyes on the road – Goodyear supports Direct Line survey findings
Research by Direct Line has revealed that 11 million motorists (28 per cent) have been involved in a collision either because they weren’t looking at the road or because they didn’t check their blind spot and almost a fifth of motorists (18 per cent) have been involved in a collision with another vehicle because they allowed their eyes to drift off the road.
Goodyear FleetOnlineSolutions keeps trans-European parts shipper on schedule
Rotterdam based ship components supplier Estron Transport’s modern fleet of 280 tautliner trailers are fitted with Goodyear Kmax T trailer tyres in size 385/65R22.5 and 10 tractor units. The firm operates a daily service between Benelux, the UK and Germany, primarily the just-in-time delivery of parts for ships, and as befits such an organisation it is at the forefront of the use of logistics technology; Goodyear, which has supplied the company for more than 15 years, including its FleetOnlineSolutions (FOS) tyre management system since 2006, states efficient tyre management is an essential part of Estron’s real-time planning process, supported by a track and trace system, ensuring minimum downtime for vehicles and reduced administration.
Continental: Net income up 2.1% despite higher in raw material costs
Tyre maker and automotive systems supplier Continental AG has reported sales of €11.0 billion in the first quarter of 2017, a 11.7 per cent increase year-on-year. Organic sales growth came to 9.5 per cent. At the same time, net income attributable to the shareholders of the parent rose by 2.1 per cent to €749.6 million, or €3.75 per share. This overall positive bottom line result was achieved in spite of increased raw material prices; Continental also expects to see rising raw material prices in the second quarter of the year.
Hankook: New DTM slick “behaved exactly as desired”
The first two races of the DTM season have given drivers the chance to familiarise themselves with the new for 2017 Hankook slick and get reacquainted with the rain tyre. The Ventus Race debuted during Saturday’s event at Hockenheim in Germany, which was won by Mercedes-Benz driver Lucas Auer.
Saroléa to ride on Bridgestone again at TT Zero races
Bridgestone is continuing its partnership with the all-electric Belgian motorcycle manufacturer Saroléa. For the fourth year in a row, the tyre maker will support Saroléa’s participation in the TT Zero races at the Isle of Man on 7 June. Bridgestone’s partnership with Saroléa dates back to 2014 and involves the provision of full technical support and tyre expertise for Saroléa’s track and road ambitions.
Titan International increases sales, reduces net loss in Q1 2017
After 18 quarters of year-on-year declines in a row, Titan International has reported a rise in net sales during the first quarter of 2017. During the three months to 31 March, net sales increased 11.1 per cent to US$357.5 million. A loss was still recorded in the bottom line, however the $10.5 million net loss applicable to common shareholders for the first quarter of 2017 was a 41.4 per cent improvement compared with the first quarter of 2016.
Re-globalisation of the international tyre market?
In the last few weeks, Apollo has initiated production at its new Hungary tyre factory and launched a brand new European truck tyre range (see Company News section pages 32 – 24); Doublestar has confirmed that it is the only remaining bidder in the race for 42 per cent of Kumho Tire (see pages 36 - 37); and as we went to press, Finnish tyre maker Nokian announced that it will build its third production plant, this time in the USA. All this points to what we might call a re-globalisation trend. Rather than businesses from the large so-called developed nations expanding around the globe, this second wave of international expansion sees the roles reversing to some extent. While before the Western nations were looking to invest in fast-growing “emerging” economies, now the proverbial shoe is on the other foot and large companies in what used to be called the BRIC nations are investing in more developed tyre markets.
Bridgestone UK launches Olympic sponsorship campaign
Bridgestone has launched its extended worldwide Olympic Partnership in the UK with a national campaign focused on “putting some emotion” into its brand marketing, according to the manufacturer’s representatives. In order to achieve this, the world’s largest tyre maker has adopted the campaign slogan “Chase Your Dream, No Matter What”, with three British Olympians who have overcome different kinds of adversity representing this ethos.
Nokian to invest $360 million in new US tyre factory
Nokian Tyres’ board of directors has authorized its management to sign a letter of intent with the respective authorities to build a new tyre manufacturing facility in America. The new greenfield factory will be located in Dayton (Rhea County), Tennessee, USA. It will concentrate on the production of passenger, SUV and light truck tyres that are sold exclusively or primarily in the North American market. The annual capacity of the factory will be 4 million tyres with an expansion potential in the future. About 400 people are expected to be employed.
Dmack seals sixth British Rally Championship victory in Carlisle
Dmack’s Fredrik Ahlin and co-driver Torstein Eriksen won a sixth consecutive MSA British Rally Championship victory at Carlisle’s Pirelli International Rally. The team maintained their winning run in 2017 by taking a 39.4-second victory over Osian Pryce and Dale Furniss, who made it a Dmack one-two. The result was a debut success for Dmack’s new medium GH43 compound DMG+22 gravel tyre. Four different drivers registered stage wins through the tough Kielder forest complex, all using Dmack tyres. Pirelli runners were successful in the Cadet class for young drivers, taking the top two places.
Merityre ‘benefits’ from Klarius Accredited Garage Scheme
Merityre Specialists Limited is a tyre retailer and fast-fit business that operates 24 branches across southern England, offering a range of tyre services along with quality independent vehicle servicing. Formed in 1961, for over 50 years the company has striven to offer service that exceeds expectation. This focus on quality and development has recently seen a number of Merityre Specialists branches become fully accredited Klarius emissions centres – offering a higher level of technical proficiency and type-approved quality Klarius emissions components to motorists.
16 Dunlop runners to take on Spa in WEC
Dunlop will follow its successes in the first round of the FIA World Endurance Championship (WEC) with round two in Belgium this Saturday. Spa’s infamous microclimate means that teams need to prepare for all conditions, Paul Bryant, international event manager at Dunlop Motorsport, explains: “Spa has always been one of the most unpredictable events of the year. We have been able to analyse the data from the Silverstone race and can work with our teams to improve the performance of the car and tyre packages. That’s particularly valuable in LMP2 where, due to the newness of the cars, our pre-season knowledge is limited.”
Doublestar the only bidder left to buy Kumho
Speaking off the record, Chinese executives within Qingdao Doublestar have confirmed the company’s intentions to purchase well-known South Korean tyre manufacturer Kumho Tyre and that it is “now only Doublestar left to buy Kumho”. However, at roughly the same time, Korean newspapers have been reporting that Doublestar probably won’t have the right to use the Kumho brand name post-acquisition. With all this in mind, Tyres & Accessories summaries the story so far.
