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Strong growth at Bridgestone UK

Career Tracks, UK News

Since John McNaught took over at Bridgestone UK there have been a number of changes including some high profile acquisitions in the commercial vehicle sector. But in general the developments of the last few years can be summed up in one word, growth.

It has been a “phenomenally busy period,” John McNaught told Tyres & Accessories at the company’s Warwick, headquarters. “Bridgestone is in a very high period of growth and for all our staff it is a tremendously busy and rewarding time,” said Mr McNaught explaining that this is part of a long-term plan developed in conjunction with the company’s European management based in Brussels. John McNaught praised the efforts of all his team and highlighted the fact that the company has been awarded the prestigious Investors in People award.

2nd August 2005/by Tyrepress Editors

Michelin Announces Commercial Price Hikes

(Akron/Tire Review) For the second time this year, Michelin North America (MNA) is raising prices on some of its commercial tyre product lines. Prices on Michelin and BFGoodrich branded replacement medium truck tyres will jump three to five per cent, MNA said. The increase will hit direct-billed fleet accounts as of 1 July, but won’t hit dealer accounts until 1 September, the company said.

Prices on OTR tyres sold in North America will increase by an average of 7 per cent, from the same date. Prices on replacement market agricultural tyres sold in Canada will go up five per cent on average, while agricultural tyre prices for US customers will increase by an average of eight per cent, also from 1 July.

2nd June 2005/by Tyrepress Editors

Firestone’s Launches World’s Widest Agricultural Tyre

Firestone has launched what it claims it the world’s widest agricultural tyre. At 1250 millimetres wide, the company reports that the agricultural tyre is a full 200 millimetres wider than the nearest competitor.

30th May 2005/by Tyrepress Editors

Trelleborg Approves Arnco Flatproofing Product

(Akron/Tire Review) Sweden’s Trelleborg Wheel Systems has approved Arnco’s SuperFlex and RePneu flatproofing fill for use in its branded agricultural tyres. Arnco European Sales Manager Andrew Elliot said the results of extensive laboratory and field testing conducted by Trelleborg were a major factor in the decision.

Commenting on the testing, Trelleborg field engineering manager Bo Lenander said: “The end-user specially pointed out the positive side of being spared the expensive tire repairs, wrecked tires and the difficult and expensive down time. It was also noted that they were let off the continuing tyre pressure checks and the otherwise constant concern for air leakage.”

9th May 2005/by Tyrepress Editors

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.

29th April 2005/by Tyrepress Editors

Former Michelin Man Returns to Renault

Carlos Ghosn, former chief operating officer of Michelin North America, has been appointed as chief executive of Renault. The well-known executive, also known as “the cost killer,” is a celebrity in Japan due to the radical turnaround he led at Nissan.

29th April 2005/by Tyrepress Editors

‘The Best News is the Worst News’

“Unfortunately, the best news is the worst news for many Russian news agencies,” according to Sibur press attaché, Anna Stepanova. The Russian tyre manufacturer’s spokesperson made these comments in response to reports stating that the company had reduced first quarter tyre production by 25.5 per cent. While the reports were not inaccurate, Sibur’s management does not agree with the conclusions drawn by Russia’s Analytical News Agency (ANA) and says that numbers went down due to production improvements and capacity transfers.

27th April 2005/by Tyrepress Editors

Putting the UK Market in the Picture

This year Trelleborg is 100 years young. The company’s name is fairly well recognised in the UK market but there is still room for improvement. Ask where the company comes from, what it’s up to on the UK market, or how Trelleborg Wheel Systems (TWS) fits into the picture and the response is often vague. However the manufacturer is addressing these brand awareness issues and is beginning to focus more and more on its agricultural division as well as marketing itself as a specialist in agricultural tyres. Tyres & Accessories spoke to Ian Gillespie, managing director of Trelleborg Wheel Systems UK, to discern its UK market approach.

26th April 2005/by Tyrepress Editors

Goodyear/Titan – Update

In the aftermath of yesterday’s not-too-surprising announcement that Goodyear will sell its agricultural tyre operations to Titan International, more details have come to light, reports Tire Review.

Goodyear agreed to sell the assets of its agricultural group, including its farm tyre plant in Freeport, Illinois, to Titan for approximately $100 million. The deal also gives Titan the right to produce and market agricultural tyres under the Goodyear brand name. However, under Goodyear’s current master contract with the United Steelworkers of America (USWA), any facility sale is contingent on the union and the prospective new owner reaching agreement on a new contract for the plant in question.

2nd March 2005/by Tyrepress Editors

Smithfield 2004

One of the biggest events in the agricultural community’s calendar is the Smithfield show. The exhibition’s organisers say that the show aims to respond to the needs of the ever evolving farming industry, by providing a number of new and exciting initiatives designed to advise and enlighten those involved. This year’s show attracted a farming audience of nearly 44,000. Tyres & Accessories was also present amongst the livestock and the potato sorting machinery, reporting on developments in the world of agricultural tyres.

A number of competitions took place at the show including the Smithfield New Machinery Award, which was won by Richard Larrington of Boston, Lincolnshire, for his ingenious Potato loading machine. Michelin also won an award. This year the French tyre manufacturer picked up the gold award for consistent commitment to agricultural machinery. According to the company, this one will be added to the silver RASE award it won for the CargoXbib at the Royal Show at Stoneleigh.

4th February 2005/by Tyrepress Editors

Sibur Discusses Future with Dealers

Russian tyre company, Sibur, has conducted a conference for its dealers in which to discuss the future development strategy of the business and to form a plan to increase the effectiveness of the regional commercial partners.

The company directors gave a presentation on the current state of the business, emphasising that an increase in the effectiveness of the tyre business is the company’s top priority. The company has already initiated a new development strategy for the tyre business in April last year, in order to improve the quality of production and to meet the requirements of today’s market.

25th January 2005/by Tyrepress Editors

The Latest from the Agri-World

The Royal Smithfield Show has always been the place to be seen for those involved in agricultural tyres. Renowned as one of Europe’s largest and most comprehensive agri-business events, this year’s exhibition will span 60,000 square metres of indoor space and is expecting up to 50,000 visitors from around the world.

Around 20 companies, including ATS Euromaster, Bridgestone, R H Claydon, Goodyear Dunlop, Michelin, Mitas UK, Solideal, Tyremart and Wheel Solutions, will represent the agricultural tyre and wheel sector with a range of new and existing products. Tyres & Accessories will report the latest information from the agri-world and in the light of ongoing UK trade show debates will ask whether this is one tradition the UK industry can really afford.

5th January 2005/by Tyrepress Editors

Michelin North America Announces Price Increases

Michelin North America is increasing U.S. replacement tyre prices on a variety of product lines.
• Passenger and light truck tyres will increase by up to 5 percent on Michelin brand and up to 6 percent on BFGoodrich, Uniroyal and private and associate brands effective March 1, 2005.
• Commercial truck tyres will increase by up to 6 percent on both Michelin and BFGoodrich brands effective March 1, 2005.
• Earthmover tyres will increase by 5 percent effective Jan. 1, 2005.
• Agricultural tyres will increase by up to 6 percent for radial tyres and up to 12 percent for bias tyres effective Jan. 1, 2005
• General aviation tyres will increase 5 percent worldwide effective April 1, 2005.

21st December 2004/by Tyrepress Editors

Vredestein to Increase Prices in Germany

The growing raw material prices have now also affected Vredestein’s price structure in Germany. Passenger car summer tyres, light truck tyres as well as all-season tyres will be 2.5 per cent more expensive from January onwards. The prices for agricultural tyres will be even increased by four per cent.

24th November 2004/by Tyrepress Editors

Fulda to Showcase UHP tyre to UK Market

Fulda will be launching its new UHP tyre at Autosport International early next year. The company has already announced that it is to be the title sponsor of the live action arena at the show during the 13-16 January 2005, and will be using the opportunity to promote its new tyre.

23rd November 2004/by Tyrepress Editors