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14806

TIA Petition on TPMS Rule

The Tire Industry Association (TIA) has submitted a petition for reconsideration with the National Highway Traffic Safety Administration (NHTSA) regarding the final rule on Tire Pressure Monitoring Systems (TPMSs).

“NHTSA has made what TIA believes to be a huge mistake and is moving backwards on the timeframe in which the telltale must illuminate upon sensing underinflation in a tyre,” states the petition. “NHTSA’s original proposal was that the telltale must go off within 10 minutes of sensing a problem with a tyre’s inflation. The final rule has moved backwards to 20 minutes. TIA is very concerned that this additional 10 minutes will allow an underinflated tyre to further deflate, overheat and potentially fail.”

14807

Goodyear India: Annual Results

For the year-ended December 2004, Goodyear India recorded a turnover increase of 26 per cent to 7.031 billion rupees (£88.3 million), while the operating profit margin dropped to 3.6 per cent from 4.7 per cent. Helped by the sharp drop in the interest costs, the post-tax earnings rose to 52 million rupees from 10 million rupees the year before. The company repaid high-cost debt by borrowing from its parent Goodyear Tire, US. As a result, the interest cost dropped to 75 million to 133 million rupees.

14808

NHTSA Denies RMA Petition

(Akron/Tire Review) The National Highway Traffic Safety Administration (NHTSA) has formally denied the Rubber Manufacturers Association’s petition to establish recommended cold inflation pressure using a tyre pressure reserve. The petition requested that NHTSA include a reserve tyre pressure sufficient to allow tyres to carry the maximum load of a vehicle at the new tyre pressure monitoring system (TPMS) regulation trigger point.

The Tire Industry Association (TIA) had supported RMA’s petition and expressed disappointment with the agency’s ruling. “We are disappointed that NHTSA decided not to build in an additional safety measure and grant the petition for reserve inflation pressure,” said Roy Littlefield, executive vice president of TIA, in a statement. “With this decision coming on the heels of the TPMS ruling, TIA is frustrated with NHTSA’s apparent lack of interest in what the tire industry has to say.”

14809

Ralph Schumacher Gets Tyre Penalty

Ralf Schumacher has been given a half-second penalty after a mix-up with his car’s free practice tyres for the Monaco Grand Prix. Stewards discovered Schumacher had used a left front tyre on his Toyota that had not been officially allocated to him during the session.

Supplier Michelin blamed human error for the mistake and Schumacher will now have to add a half-second to his aggregate qualifying time as a penalty. It’s the second time in three races that Schumacher has been penalised. He lost a point at the San Marino Grand Prix after being given a 25 second penalty for a pit-lane offence.

14810

Russian State to Control Sibur Plants

Russian tyre manufacturer Sibur is to become state-owned company. After a long period of confusion about a possible merger between the gas monopolist Gazprom (that owns almost 100 per cent of Sibur’s shares) with the state-owned oil company Rosneft, the Russian government now has decided to take over the majority of Gazprom’s shares itself, according to Russian media reports. Currently the Russian government owns about 38 per cent of Gazprom but will increase this share up to more than 50 per cent by the end of June, when Gazprom’s annual shareholder meeting takes place. Sibur operates four tyre factories in Russia where it produced more than 15 million tyres in 2004.

14811

Bandag Introduces ProWheel

(Southern Africa/SA Treads) Bandag has launched ProWheel, a tyre tracking software aimed at small and medium sized fleets that require constant, up-to-date monitoring, as opposed to complex reporting.

Introduced as part of Bandag’s aim to offer fleet solutions it believes the new product will assist in the overall reduction of operating costs. Bandag describes the system as having a “practical and easy-to-use interface which will enable its users to comfortably navigate through the system.”

The system was developed with the intention of automating the tyre recording and controlling function by migrating users from a manual system to an electronic format. It records tyre location, mileage, purchase and retread costs and CPK for scrapped tyres. Once this information has been recorded, the system makes a provision for an official report in the form of a Tyre Card containing the entire tyre history.

14812

JK Tyre Tops JD Power India Survey

JK Tyre has received the highest ranking in a customer satisfaction survey of tyres purchased in India. Moving up from third position in 2004, JK Tyre topped the 2005 JD Power list with a satisfaction score of 781 index points on a 1,000-point scale. The industry in general performed marginally better growing one percentage point year-on-year.

14813

Dekk Partner Reports Rapid Growth

Nordic buying group Dekk Partner has reported that its network is growing at a rapid rate. Dekk Partner now has 110 workshops in Norway, close to 90 in Sweden, 60 in Finland and one in Estonia. On top of this group managing director, Leif Kristiansen, predicts that total turnover could peak at 215 million euros this year.

14814

For US Retreaders, Technology and Service are Differentiators in Tough Market

(Akron/Tire Review) Wherever the market for new truck tyres decides it is headed, the retreading industry is hot on its heels.

Of course, that job is a bit easier for Bridgestone/Firestone, Goodyear and Michelin, because they are involved in both. But even their allocation of time and money must be measured carefully. For companies like Bandag Inc. and Oliver Rubber Co. – despite its connection with Cooper Tire & Rubber Co. – the task is a bit more daunting. But they, too, are highly skilled at knowing what to do and when.

14815

ITR’s Jacksonville Grand Opening

Innovative Tread Replacement Inc (ITR) will host a grand opening of its new location at Eastgate Industrial Park in Jackonsville, Illinois, on 6 and 7 May. Over 700 guests are expected to attend the event. The open house and plant tours will be the first public showing of the ITR’s retread process, recognised worldwide for reliability and efficiency in truck tyre tread replacement, according to the company.

14816

ArvinMeritor Joins TRIB

ArvinMeritor has become the latest member of the Tire Retread Information Bureau (TRIB). Based in Troy, Michigan, ArvinMeritor Commercial Vehicle Systems business unit serves the commercial truck and trailer and specialty original equipment manufacturers and related aftermarkets. The company also produces the Meritor Tire Inflation System.

14817

WRAP to Hold Used Tyre Meeting

The Waste and Resource Action Programme (WRAP) is to hold its first formal stakeholder meeting to consider work on the recycling of waste tyres next month. According to a letsrecycle.com report, the market development organisation is expected to use some of its £4 million funding from Defra’s Business Resource Efficiency and Waste (BREW) programme to further work on tyres.

14818

Titan Announces First Quarter Results

(Akron/Tire Review) Titan International Inc has reported record first-quarter net income of $11.2 million, up 111 per cent from last year’s first quarter. Net sales were $136.1 million for the first quarter, ended 31 March and gross profit was $24 million. Basic earnings per share also set a record at $0.68 for the quarter, the company said. Classified by segment, revenues were $89 million for agricultural, $39 million for earthmoving/construction and $7.5 million for consumer.

14819

Toyo Drives Towards Growth with Engine

Toyo Tyre UK has appointed Engine, a cross-media design agency, to handle the first phase of its new UK marketing communications programme. This will involve the creation of brand new press advertising campaign with a total budget of £600,000.

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