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Following what it describes as “massive growth” in sales of winter tyres over the past three years, ATS Euromaster expects higher demand than ever in 2014. The tyre specialist says it is in talks with fleets about their requirements for winter 2014/15 and is urging customers to place their orders for cold weather tyres sooner rather than later, to avoid missing out.
The Porsche Club Championship will be broadcast on European motorsport channel Motors TV, allowing the series and exclusive tyre supplier Pirelli to reach an even wider audience. The channel will broadcast all seven rounds, with races shown on Wednesday afternoons. The Porsche Club Championship is organised by Porsche Club GB, the largest officially recognised Porsche […]
Despite the ongoing political upheaval which has been plaguing the Thais since the start of 2014, replacement car tyre sales grew by 22 per cent in terms of unit volume in the first quarter of 2014 compared with the same quarter last year. This equates to some US$175 million in first three months of 2014.
Michelin has launched a new military tyre product, designed to help clear safe pathways through areas studded with land mines. The manufacturer worked with the French military and defence systems manufacturer MBDA in the development of the tyre. Michelin explained that the company has a duty to stretch the limits of its traditional role as a tyre supplier to provide all-inclusive mobility support. Michelin also announced that it has reworked its range of all-terrain truck mobility solutions, with its X-Force tyres available in four different tread designs, including the new fuel-efficient XZL2 version.
The latest Pirelli tyre market watch figures suggest demand is continuing to improve in the European market in both the original equipment and replacement sectors.
First off the European car tyre market (excluding Russia) showed a positive trend in April despite the unfavourable comparison.
George Russell has extended his lead in the 2014 BRDC Formula 4 championship, thanks to another race win and a podium finish at this weekend’s three races at Brands Hatch in Kent. The young driver stretches his lead to 21 points over Raoul Hyman after six of the season’s 24 races. Yokohama is supplying the […]
Continental Tyres has announced its sponsorship of the 2014 NTDA Tyre Industry Awards Ceremony, which will be hosted by the Rt. Hon. Michael Portillo in Manchester on 8tOctober 2014. Formerly known as the TAFF Awards, the Tyre Industry Awards will take place at the annual NTDA dinner. This year, the dinner is being held for the 85th time.
The National Tyre Distributors Association (NTDA) is reporting a strong start to 2014 with a number of past members returning and an increase in membership in general during the first quarter.
At its Investor Day, held in New York on 15 May, Cooper Tire & Rubber outlined the measures it will implement to support the company’s goal of sustained annual operating profit in the eight to ten per cent range and, over the long term, operating profit above ten per cent plus annual net sales in the vicinity of US$5 billion to $6 billion.
On 16 May, Trelleborg Wheel Systems launched ‘Pit Stop Line’, an innovation that will be employed on its industrial tyre range. The Swedish company describes its new solution as “revolutionary” and says it “answers one of the industry’s most elusive and critical questions” – how to know, with 100 per cent certainty, when a forklift tyre is worn out and needs replacing. Central to Pit Stop Line is an orange line embedded into the tyre; this indicator line is visible on the tyre sidewall and designed to reveal itself across the surface of the tyre when wear reaches a level that necessitates replacement.
The car that gave the motoring world its first taste of front wheel drive – and led to Michelin’s four decades in the vehicle manufacturing business – has turned 80. The Citroën 7A, the first Traction Avant, went on sale in May 1934. This was the beginning of the range’s 23 year production run, which eventually saw 759,123 Traction Avant units manufactured at Citroën’s Javel factory in Paris and in plants in the UK (Slough), Belgium (Forest) and Germany (Cologne).
Bridgestone has put its money where its mouth is by adding a number of all-electric BMW i3 vehicles to the car pool attached to its European headquarters near Brussels, and by equipping the headquarters site with recharging points. The tyre maker says the presence of electric vehicles in its fleet underlines its faith in the concept of sustainable mobility.
Although it is the smallest of the three Korean tyre makers, Nexen has surprised some observers by being the only company in the country to increase both sales and operating profits in the first quarter of 2014. Of course the figures also show that both Kumho and especially Hankook remain significantly bigger than Nexen in terms of both measures, but the news caps a strong quarter for Nexen, which also announced the opening of a European factory and a number of awards and OE deals in the period.
Giti Tire is returning to the Pikes Peak International Hill Climb on 29 June after playing a key role in last year’s electric division victory by Nobuhiro “Monster” Tajima and his ‘Monster Sport E-Runner Pikes Peak Special.’ Last year, Tajima switched from Falken to Giti tyres for the Pikes Peak event and set a new electric record of 9:46.530 last year after Giti Tire engineers hand cut tread grooves into the tyres after the road became wet from a 30-minute rainfall – a measure the driver said gave him much-needed grip. For the 2014 event, he will compete in a vehicle that is based on last year’s machine but incorporates a number of performance enhancements, including specially designed 17-inch GitiCompete GTR1 slicks (340/710-18) in place of the 20-inch version used last year.
Annual and final quarter results for Apollo Tyres’ 2013-14 fiscal year, which ended on 31 March, show a solid increase in net profit for the India-headquartered tyre maker. In the 12 months between the start of April 2013 and the end of March 2014, the company achieved net sales of Rs 133.1 billion (£1.3 billion); this represents year-on-year sales growth of four per cent. Full-year operating profit rose 19 per cent over the previous year to Rs 19.7 billion (£197.2 million), while operating profit margin rose from 12.1 per cent to 14.8 per cent. Net profit jumped 64 per cent year-on-year to Rs 10.1 billion (£101.1 million).
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