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Goodyear EMEA Sales Remain High, Q3 Operating Income Down on 2009

Goodyear’s Europe, Middle East and Africa third quarter sales increased 7 per cent from last year on top of a “strong price/mix performance” to $1.7 billion despite being hit by $0.1 billion in unfavourable forex translation, making them the highest since the third quarter of 2008. The company continues to post improved figures for the year to date, with sales up to $4.68 billion in the first nine months (from $4.24 billion in 2009), yielding an operating income of $259 million – way up on last year’s $41 million.

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  1. Toyo Reports 53 billion yen of Net Sales, Profits Back in Black
  2. Report Points to “Remarkable Growth in Tyre Markets”
  3. Goodyear increases 2011 sales, earnings despite low Q4 volumes
  4. Is Goodyear headed for European restructuring?
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TAFF Awards Best Industry Advertising Campaign – Continental

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A field of nominees that featured four of the top six tyre manufacturers and new entrant to the top ten, Maxxis, was always going to be competitive. In the end Continental won out over Bridgetone, Goodyear, Maxxis and Michelin claiming the prize for the second year on the trot. The tyre manufacturer won the honour for its World Cup campaign, ‘Don’t Miss the Big Game.’ The successful campaign promoted Continental’s ongoing sponsorship of the FIFA World Cup with a distinctly South African theme to match the host country of the 2010 tournament. With striking visuals of South Africa’s big game, Continental gave consumers the chance to win a once in a lifetime trip to the World Cup finals including a Safari tour – so that they wouldn’t miss any of the big game.

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Related news:

  1. TAFF Awards 2010: Industry Advertising Campaign
  2. BFGoodrich completes decade of Dakar wins
  3. Focus On Earthmover Tyres
  4. B.I.T.S., Michelin, Conti honoured by 2012 TAFF Awards
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Goodyear Posts Loss on RMs despite Highest Sales in 2 Years

The Goodyear Tire & Rubber Company today posted its highest third quarter 2010 sales and tyre unit volumes since the third quarter of 2008. Yet under pressure from spiralling raw materials cuts, alongside charges for refinancing debt, the manufacturer ended up with a $20 million loss largely due to consistently high costs throughout the quarter, especially in raw materials. The company made a net profit of $72 million in the same period in 2009.

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Related news:

  1. Goodyear EMEA Sales Remain High, Q3 Operating Income Down on 2009
  2. Conti Predicts 25 billion euro Sales; 9% EBIT in FY10
  3. 90% UHP surge in Europe helps Hankook to quarterly sales record
  4. Titan’s shopping tour heads to India
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Zafco Achieves ISO Certification

United Arab Emirates-based Zafco, which supplies tyres domestically, as well as to the US, Europe, Africa, Asia Pacific and Australia, reports achieved ISO 9001:2008 certification after a positive review of its quality management systems. According to the company, this latest certification represents the enhanced commitment to quality and reliability that its customers expect.

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Related news:

  1. Zafco aiming for US$1 billion by 2012
  2. Pirelli Hikes US Cinturato P5 and P4 Four Seasons Prices 10%
  3. Cooper Asia Pacific Marketing Push Aims to Increase Domestic Sales
  4. Bridgestone inaugurates Mid-East, Africa training centre
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MAXAM Tyres On Show At Electra

There is a long tradition of mining in South Africa and the country is the world's leading producer of platinum, manganese and chrome, the second-largest producer of gold and the fourth-largest diamond producer. With such a history, it is fitting that South Africa plays host to the biennial Electra Mining Africa exhibition which, since its inception over 40 years ago, has grown to become South Africa's largest trade exhibition and the second largest mining show in the world.

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Related news:

  1. MAI Bringing Minextra Range to Tyrexpo Africa
  2. Apollo to Import OTR Tyres into India
  3. Stamford Launching Falken Brand in Africa
  4. New marketing head at Apollo Tyres South Africa
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Conti’s European Prices to Rise

Continental AG notes the price of natural rubber has reached “well over” US$3 per kilogram, a level it calls a historic high for the commodity. In order to compensate for this, the company plans to increase prices for its replacement market summer tyres throughout Europe by an average of five per cent. The price increase will apply to all Continental passenger car tyre brands within the region.

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  1. European launch for Conti TPMS
  2. Conti’s European Prices to Rise
  3. Pirelli to raise EMEA prices
  4. Talk in pounds, not PSI appreciated – Goodyear reports positive FOS feedback
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Dunlop ‘Most Iconic’ South African Tyre Brand

Apollo Tyres reports that its south African Dunlop brand has emerged as the country’s number one tyre brand in an independent survey. The iconic brands survey, conducted by TGI South Africa and commissioned by the Afrikaans language newspaper Rapport and English language paper City Press, measured the usage of more than 8,000 brands within 19 different product categories.

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Related news:

  1. Dunlop Zimbabwe Extends Factory Shutdown
  2. Apollo Commissions Dunlop Zones TV Ads in South Africa
  3. Industry Association Votes Apollo SA ‘Manufacturer of the Year’
  4. Dunlop brand re-enters Nigeria
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Body of Tuner Gemballa Discovered

An eight-month mystery has come to a grisly close, yet the discovery of Uwe Gemballa’s body in South Africa opens the door to a number of fresh questions. The 51-year old owner of the German company Gemballa, best known for its Porsche tuning parts, disappeared shortly after arriving in South Africa in February. Late that month media reports indicated Gemballa had telephoned his wife, instructing her to transfer a million euros into his bank account. It was suggested he had been involved in an accident of some sort.

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  1. Investigation Into Disappearance of Porsche-Tuner Gemballa Continues
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  3. Treadsetters accessing international growth
  4. Despite weaker Q4, Apollo FY13 profits surge
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Norbert Hecking Appointed Goodyear Dunlop UK Market Supply Chain Director

Goodyear Dunlop Tyres UK Limited has announced that Norbert Hecking, currently Market Supply Chain director Middle East and Africa, has been appointed as Market Supply Chain director UK & Ireland. Hecking joins the UK and Ireland organisation reporting to MD George Rietbergen and functionally to Rob Scholte, vice president Supply Chain Europe, Middle East and Africa. Hecking replaces Steve Carless, who will be leaving the company at the end of the year to pursue a new opportunity outside of the tyre industry.

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Related news:

  1. Goodyear Europe Appoints New Truck Tyre Technology Director
  2. Delforge Takes Over as Goodyear Dunlop EMEA Communications Director
  3. Fulda unveils EcoControl HP
  4. Octavian Velcan new OTR MD Goodyear Dunlop EMEA
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Solidarity Union Reaches Deal with South African Tyre Makers

An agreement has been reached between South African trade union Solidarity and the local Bridgestone, Continental, Dunlop and Goodyear operations. The union, which represents around 1,000 tyre industry workers in the bargaining council for the New Tyre Manufacturing Industry Association, released a statement on October 1 reporting the deal, which is being implemented retrospectively from July 1, 2010.

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Related news:

  1. Tyremakers Back to Work in South Africa
  2. South African Tyre Industry Experiences Factory Strikes
  3. South African Tyre Employees Returning to Work
  4. Delisting For Dunlop Africa?
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South African Tyre Employees Returning to Work

Strike action at Apollo, Continental and Goodyear’s factories in South Africa has ended and workers are scheduled to resume work on September 30. The National Union of Metalworkers of South Africa says the month-long strike, which arose following stalled negotiations with New Tyre Manufacturing Industry Employers' Association, has been resolved following the decision to revise pay structures for tyre industry workers.

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Related news:

  1. South African Tyre Workers March Against ‘Captains of Industry’
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  3. Solidarity Union Reaches Deal with South African Tyre Makers
  4. Apollo Tyres South Africa settles price fixing case
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ATS Euromaster’s Steward Cycling to Save Lives

In November, ATS Euromaster’s head of Business Development, Kevin Steward, will direct his efforts towards development of another kind when he sets off on a 420 kilometre ride through Tanzania as a participant in the transport charity Transaid’s ‘Cycle Tanzania’ fundraising initiative. Money raised through Steward’s efforts will help the independent charity’s work in Africa and the developing world.

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Related news:

  1. London to Paris charity cycle challenge
  2. Hankook staff raise £6,600 through Cycle Madagascar Challenge
  3. Michelin Man Features on Pin Badge Appeal
  4. Goodyear Dunlop renews fleet with Mercedes-Benz vans
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Fulda Launches New Cold Weather Kristall Control HP Tyre

Fulda has announced the launch of the Kristall Control HP, its new cold weather tyre featuring “Snow Catcher Technology”, comprising the tyre’s carcass and tread design and full silica compound. The Kristall Control HP is designed to deliver improved performance on wet and snow covered roads.

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Related news:

  1. Goodyear Europe Appoints New Truck Tyre Technology Director
  2. European Launch for Toyo Proxes Ranges
  3. Fulda launches SportControl UHP summer tyre
  4. Dunlop Wins OE Fitment Contract on Jaguar XFR and XKR
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Sumitomo After 1.8% Stake in Stamford Tyres

Sumitomo Rubber Industries, Ltd. SRI is to purchase a 1.8 per cent stake in international tyre and wheel distributor, Stamford Tyres Corporation Limited. Subject to the approval from the Singapore Stock Exchange, Stamford Tyres announced 21 September that it will issue SRI 4.3 million new shares at a price of S$0.35 per share.

Net proceeds from the placement, after deducting expenses of S$100,000, are said to be approximately S$1.4 million (£674,522; 793,471 euros; US$1.054 million) According to the company, the net proceeds will be used to fund the group’s working capital needs in South Africa.

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Related news:

  1. Stamford Tyres reports full year 2011 earnings up 41.4 per cent
  2. Maxxis Conference aims to help African, Asian dealers grow brand
  3. Wholesaler Establishes Chinese Retail Business
  4. Automechanika Shanghai Attracts Record Number of Exhibitors
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Avon-Backed Motorcyclist Launches Latest Book

International motorcycle traveller Sam Manicom launched his latest book at The Ace Café on the North Circular Road, Stonebridge on 18 September, with his Gripster tyre supplier Avon in attendance. Manicom has used Avon rubber for the majority of the 250,000 miles covered during his time on the road around the world, so it was fitting that the tyre-manufacturer should attend his book launch with a show vehicle and a series of tyre displays. Avon representatives were also on hand to discuss the entire Avon range, though the focus was undoubtedly on Avon’s adventure bike tyres – the Gripster and Distanzia.

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  1. Biking Travel Author Circumnavigates Globe on Avon Gripster Tyres
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  4. Heidenau – German tyres for road and track
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