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Apollo Tyres South Africa settles price fixing case

International News, News

South Africa’s Competition Commission has settled its price fixing case with Apollo Tyres South Africa. Under the terms of the deal struck between the tyre maker and the government body, Apollo will pay a 45 million rand (£3.5 million) fine and admit to its prior participation in the tyre manufacturers’ pricing cartel that also allegedly included the South African Tyre Manufacturers Conference (Pty) Ltd (SATMC), Goodyear South Africa, Continental Tyre South Africa and Bridgestone South Africa. The penalty Apollo Tyres South Africa is required to pay represents 4.75 per cent of its total 2008 turnover.

21st November 2011/by Tyrepress Editors

Former Toyo Tire Europe VP to head up Toyo Tire U.S.A

On 1 January 2012, Tatsuo Mitsuhata will take over from Yashushi Takagi as president and CEO of Toyo Tire U.S.A. Corp.; Takagi, who has held this position at Toyo Tire U.S.A. since January 2009, will return to Japan as Toyo Tires’ general manager of corporate planning. This appointment is Mitsuhata’s second US-based position – he previously worked for Toyo Tire U.S.A., as the company’s coordination manager between 1994 and 1998.

9th November 2011/by Tyrepress Editors

Nigerian action aimed at encouraging local tyre manufacture

International News, News

Nigeria’s official body in charge of standards, certification and inspection says it hopes that the seizure and destruction of used and substandard tyres will encourage major manufacturers to resume tyre production within the country. Benin City-based newspaper the Sunday Observer reported on November 6 that the Standards Organisation of Nigeria (SON) had destroyed more than 60 truckloads of these tyres, and SON director of enforcement Louis Njoku told the newspaper the action was taken to encourage companies such as Dunlop and Michelin to relocate their industries back to Nigeria.

7th November 2011/by Tyrepress Editors

Goodyear launches online OTR assistance programme

Goodyear is introducing a new programme aimed at OTR tyre users. Called ‘Goodyear at Service’, the internet-based programme will be available to all off-road plant operators in the Europe, Middle East and Africa regions. Goodyear says it will “ensure that each customer gets the best possible expert support when purchasing and operating Goodyear tyres.”

3rd November 2011/by Tyrepress Editors

Onkar S Kanwar inducted into tyre hall of fame

Apollo Tyres Ltd chairman, Onkar S Kanwar, was inducted into the Tire Industry Association’s (TIA) Hall of Fame 2011 at a special ceremony held on 31 October in Las Vegas.

Every year the TIA honours the outstanding individuals who have created lasting value for the tyre, rubber and transportation industries. This year, along with Onkar Kanwar, three others have been honoured for their significant contribution to the American tyre industry. Kanwar, who is the only non-American to be inducted into this year’s Hall of Fame, unfortunately was not able to attend the ceremony in Las Vegas.

2nd November 2011/by Tyrepress Editors

Michelin reaffirms 8% 2011 sales growth

Michelin’s third quarter financial report for 2011 has shown total net sales of 5.1 billion euros and nine-month total sales of 15.2 billion euros, figures that represent positive changes of 10.6 per cent and 17.3 per cent for their respective periods. Sales volumes were up 9.3 per cent, allowing the French giant to proclaim its results “solid” and to reaffirm “that growth in sales volumes should trend towards eight per cent by year end.” The company noted the “slower momentum” of the third quarter, particularly noticeable in the passenger car and light truck tyres segment, which was up only 5.9 per cent to 2.7 billion euros in the quarter. Michelin also said its “pricing policy added 10 per cent to nine-month sales growth”, offsetting “the full-year impact of higher raw materials costs”.

31st October 2011/by Tyrepress Editors

Bridgestone Europe names first COO

As reported yesterday, a new CEO and president is set to replace Makio (Mac) Ohashi at the helm of Bridgestone Europe (BSEU) at the start of January 2012. This change of top management will be accompanied by the creation of a new position within the company, that of chief operating officer. Bridgestone Europe has named Mitsuhira (Mike) Shimazaki as the first incumbent in this newly-created position. As COO, the current senior vice-president of Sales and Marketing at Bridgestone Europe will continue to manage the company’s Sales and Marketing organisations and additionally assume responsibility for Manufacturing and Supply Chain Management.

18th October 2011/by Tyrepress Editors

Annunziato to replace Ohashi as Bridgestone Europe chief

As of 1 January, 2012, Makio “Mac” Ohashi will end his tenure as CEO and president of Bridgestone Europe NV/SA. He will be succeeded in this role by Franco Annunziato, who is now chief quality officer and senior vice-president – technology at Bridgestone Europe as well as managing director of Bridgestone Technical Center Europe S.p.A. After taking on Ohashi’s current duties, Annunziato will remain chief quality officer of Bridgestone Europe and managing director at the Technical Center Europe. Annunziato also serves as a vice-president and officer of Bridgestone Corporation.

17th October 2011/by Tyrepress Editors

MAXAM and Stamford in South African distribution deal

MAXAM Tire International S.a.r.l, the Luxembourg-based manufacturer of all-steel radial OTR tyres, has appointed Stamford Tyres (Africa) Pty Ltd as the company's dealer for the South African market.

The deal was welcomed by Wee Kok Wah, president of Stamford Tyres, and Ian Thomas, CEO of MAXAM Tire International. Said Ian Thomas: "We are delighted to have signed this agreement with Stamford Tyres as they are one of the largest specialist OTR tyre suppliers in South Africa, with warehouses in Cape Town, Durban and Johannesburg. I am confident that, by working closely together we can raise the profile and awareness of MAXAM in the country."

6th October 2011/by Tyrepress Editors

Federal delivers first shipment of new XUV all-season product

Federal has announced the first shipment of its new XUV all-season touring tyre to a dealer in Australia. National Tyre Whosaler (NTW), based in Canberra will be receiving the first delivery of new shipment to its warehouse at Sydney, Australia.

5th October 2011/by Tyrepress Editors

Federal supports Zimbabwe Castrol 4×4 Jamboree

Federal fit its Couragia Mud Terrain tyres and branded livery to its sole sales distributer’s Jimmy Jeep in the recent Castrol 4×4 Jamboree in Zimbabwe. The event was held at the 4×4 Club site at Donnybrook, and “trail junky” Clarry Viljoen, sales manager from Taita Trading, ran the company’s Mud Terrain tyre to cope with tough conditions that varied between sand, dirt, hills and mud.

15th September 2011/by Tyrepress Editors

Remoulding the UAE: Recessionary factors put pressure on suppliers and retreaders

International News, Retreading

Those living in the seven emirates that make up the UAE – Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain – are certainly no strangers to high temperatures. While the mercury rose to 47 degrees Celcius and above this summer, pressures caused by the global economic crisis, which triggered a local property collapse in its wake, have also put the heat on the domestic new tyre and retreading markets. Tyres & Accessories recently visited to the country’s largest Emirate by population (Dubai) to learn more about the local and regional retreading and new tyre markets.

14th September 2011/by Tyrepress Editors

Federal and SA Tyres host South Africa ride-and-drive event

SA Tyres and manufacturer Federal have hosted a riding experience for its clients and salesmen at Gerotek Testing Facility near Johannesburg, where business partners participating in the 2011 One Day Test Drive programme from all over the country. The event was designed to give dealers the opportunity to see how Federal tyres are evaluated in a test in hazardous driving conditions.

31st August 2011/by Tyrepress Editors

South African manufacturers await court decision

Persistence may soon pay off for South Africa’s tyre manufacturers. In early September the Supreme Court in the city of Bloemfontein will hold the final hearing on an appeal regarding the dumping of Chinese tyres in South Africa. If the decision goes its way, the local industry will be given the means of resisting something said to be injuring its viability.

26th August 2011/by Tyrepress Editors

New marketing head at Apollo Tyres South Africa

Gareth Passmore has been appointed as marketing head for Apollo Tyres South Africa (Pty) Ltd, which manufactures the Dunlop brand in Southern Africa. The rapid expansion of Apollo Tyres internationally, with the acquisition of the European tyre manufacturer Vredestein Banden being the latest example, has necessitated the restructure and realignment of key positions and departments within the Apollo Tyres Group and the appointment of new personnel in order to achieve the company vision of dynamic growth into new markets.

16th August 2011/by Tyrepress Editors