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15332 search results for: eco tyres

1141

Davanti Tyres’ Everton partnership features in FIFA 19

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Davanti Tyres has recently entered its second year as a sponsor of the Premier League’s Everton Football Club, and is marking this milestone with an extension of its partnership into the predominant digital version of the Merseyside club’s home ground, Goodison Park. Davanti’s pitch-side advertisements will play prominently when players of the latest edition of the world’s most popular football simulation, FIFA 19, visit Goodison, just as they do at the real ground, rendered in 4K on the latest generation of consoles.

1142

Apollo Tyres: Q2 2018-19 financials

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Sales and profits were higher year-on-year during the second quarter of Apollo Tyres’ 2018-29 financial year. The company reports a 23 per cent rise in sales, to Rs 41.92 billion (£447.8 million) in the three months to 30 September 2019. Operating profit rose 25 per cent during the quarter, to Rs 4.80 billion (£51.5 million), while net profit was, at Rs 1.46 billion (£15.6 million), four per cent higher than a year earlier.

1143

Nokian Tyres: Financial targets aim for faster growth in Europe, North America

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The Board of Directors at Nokian Tyres has set new financial targets for 2019-2021. These targets include faster than market growth of more than five per cent CAGR, EBIT at 22 per cent and a shareholders’ dividend of more than 50 per cent of net earnings. Nokian says the
financial targets will guide the company in reaching the strategic ambitions it set in early 2018, which include increasing sales by 50 per cent in Central Europe and doubling them in North America within the next five years.

1144

Apollo Tyres: Onkar & Neeraj Kanwar take a pay cut

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Following internal discussions and review of a commissioned report produced by Ernst & Young, the Nominations & Remuneration Committee (NRC) within the Board of Directors at Apollo Tyres Ltd. has recommended changes to the compensation packages Onkar and Neeraj Kanwar receive from the company.

1145

Apollo Tyres’ Onkar Kanwar receives Japanese Imperial honour

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In its 2018 Autumn Imperial Decorations, the Government of Japan has conferred upon Onkar S Kanwar the Order of the Rising Sun, Gold and Silver Star. The chairman of Apollo Tyres Ltd. received this recognition for his contributions towards strengthening the economic relations between Japan and India, and for promoting Japanese company’s entry into the Indian market.

1146

Dunlop tyres OE on Revolution track car

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Dunlop Motorsport tyres have been chosen as original equipment for a new sports car from UK-based manufacturer Revolution Racecars. The Revolution, which is built upon an advanced carbon-fibre chassis and brings Le Mans Prototype technology to the customer racing and track day market, will wear Dunlop-supplied dry and wet weather tyres in size 200/580R15 on the front and 265/605R16 on the rear.

1147

Chinese truck/bus tyres: US court partially rejects determination

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The U.S. International Trade Commission (ITC) must reappraise its final determination on truck and bus tyres from China after the US Court of International Trade (CIT) only partially sustained the ITC’s determination that the US tyre industry has been neither materially injured nor threatened with material injury by imports of these products.

1148

Mitsubishi becomes Toyo Tire’s largest shareholder – collaboration to intensify

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Through a new arrangement with Mitsubishi Corporation (Mitsubishi), Toyo Tire & Rubber (Toyo) aims to “survive and remain viable” during the “unprecedented transformation” currently occurring in the automotive industry. The two parties have entered into a business alliance agreement that involves Mitsubishi increasing its shareholding in Toyo from 3.05 per cent to 20 per cent. Toyo will issue Mitsubishi 26,931,956 new shares via a third-party allotment that will be paid in between 15 January and 28 June 2019. With this share acquisition, Mitsubishi becomes Toyo’s largest shareholder.

1149

Continental: New EcoContact 6 offers double-digit improvement in mileage, rolling resistance

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With the new EcoContact 6, Continental says it has launched a summer car tyre that “delivers substantial improvements in terms of rolling resistance, mileage, steering precision and braking distances.” The tyre has already original equipment approvals from a dozen European vehicle manufacturers for subcompact to mid-range cars, and volume production of the range for the replacement market has now begun. By next March, 112 dimensions for 13- to 22-inch rim diameters will be available.

1150

Michelin investing in winter tyres, semi-finished products in Canada

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Investments totalling CA$21 million (£12.3 million) will add 150 new jobs to the Michelin tyre factory in Nova Scotia, Canada and make permanent 200 temporary positions that were previously slated to end in 2020. The investments take the form of two new projects at Michelin’s Pictou County site – a new winter tyre line and the North American launch of a new process for semi-finished materials. These projects are valued at $9 million and $12 million respectively.

1151

TyreSafe offers TyreSafe Test prizes this week

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TyreSafe is giving away prizes galore in the last week of Tyre Safety Month to participants of its TyreSafe Test. Prizes have been donated by supporters of the UK’s tyre safety charity, including some of the best-known tyre brands and retailers, and range from race tickets to branded gloves and caps, tread depth gauges and T-shirts.

1153

Dunlop Aircraft Tyres marks two years without a RIDDOR accident

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Dunlop Aircraft Tyres (DAT) reports the world’s only specialist producer of aircraft tyres has achieved two years of continuous operation at its Birmingham, UK, plant without a reportable accident. 

“This is a fantastic result and one which we believe to be unique in the current UK tyre industry and amongst the best for this region” claimed Gordon Roper, Chief Executive Officer.

1154

Tyres On The Drive offers self- scheduling with Descartes

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Tyres on the Drive now offers delivery appointment self-scheduling online using Descartes’ dynamic appointment scheduling and route planning solution. The offering provides a differentiated customer experience while improving the productivity of Tyres On The Drive’s fleet and technicians.

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