Pirelli’s Board of Directors will now meet to review results for the six months ended 30 June on 5 August 2013, instead of on 29 July as previously announced. Other planned dates remain the same; Pirelli will present its new 2013-2017 Industrial Plan to the financial community on 6 November 2013, after the approval of results for the nine months ending 30 September 2013, scheduled for 5 November, as previously announced.
US trade association TIA has released “Tire Safety Starts with TPMS,” the second in a series of consumer educational videos slated for 2013.
The video is a 5-minute overview of the safety benefits associated with TPMS and knowing when tires are underinflated.
Surface mines, quarries and cement works, plus infrastructure projects such as motorway, railway and dam construction, all have something in common. These operations are increasing in number around the world and in call cases articulated dump trucks play an essential role in their success. These vehicles, which can carry payloads ranging from 20 to 50 tonnes, need to be extremely adaptable, versatile and able to carry materials over sometimes difficult terrain, regardless of weather conditions.
The Retail Motor Industry Federation (RMI) recently held a Centenary Lunch for its past presidents and current and past board members. Held at the prestigious RAC Club in London, the Lunch offered its attendees the opportunity to meet and share memories of the RMI and the industry.
Bridgestone New Zealand has reported making the most profit in a decade last year and has paid its first dividend since 2007. Net profit leapt from NZ$1.9 million in 2011 to $10.2 million (£5.2 million) last year. Sales rose 3.5 per cent to $218.5 million (£110.7 million).
Seoul-based Korea IT Times reports that Hankook Tire’s holding company, Hankook Tire Worldwide, will increase its capital by issuing capital stock for noncash assets. This is being done in order to make Hankook Tire its subsidiary, the ICT journal explains. Through the capital increase, Hankook Tire chairman Cho Yang-Rai and his family will be able to strengthen their control over the company by doubling their stake in the holding company.
Two new members have been selected to join the board of directors of the Tire Retread & Repair Information Bureau, reports Tire Review. Joining the board as of today are Mel Mitchell, vice president of manufacturing for Colony Tire Corp., and Ken Samborsky, OTR plant operation coordinator for Kal Tire. "Mel and Ken are two great additions to our board and further round out a 16-strong board that fully represents the retread and repair industries," said TRIB President Brian Hayes. "I look forward to working with them on the TRIB board. I would also like to take this opportunity to thank departing members Bob Majewski and Garry Heintschel for their dedication and service to the TRIB board over the years".
Agricultural tyre wholesaler Bohnenkamp has appointed Thomas Pott its new general sales manager for the German market. Pott has worked for the Osnabrück, Germany-based company for almost 30 years; Bohnenkamp says he possesses “extensive experience in the company and a deep knowledge of the tyre industry.” In his new function he will be supported by Karsten Krückeberg, sales manager Tyre Business, and Heiko Holthaus, sales manager Replacement Business Agricultural Equipment.
Pirelli & C. SpA shares that Camfin S.p.A., as a Pirelli shareholder and member of the Shareholder Agreement of Pirelli & C., will ask Pirelli’s shareholders at the company’s 13 May Shareholders’ Meeting to confirm Carlo Salvatori as a member of the Pirelli Board (as already proposed by the company’s Board of Directors). It will also request the nomination of Jean Paul Fitoussi and Luca Rovati in place of Mario Greco and Paolo Ferro-Luzzi.
Stewart Oades has handed over the presidency of the Freight Transport Association to Ian Veitch, managing director of Yusen Logistics UK, following FTA's National Council meeting in London on 23 April. Stewart Oades steps down after completing a four year term as FTA President.
For the second consecutive year, Myers Industries Inc. was named one of America’s 100 Most Trustworthy Companies in an annual Forbes magazine survey. To determine the yearly rankings, according to Forbes, GMI Ratings provided the magazine with “in-depth quantitative and qualitative financial analysis, which looks beyond the raw data of companies’ income statements and balance sheets. Non-traditional risk measures are assessed to interpret the highest quality of corporate accounting transparency, solid corporate governance and management practices, lowest incidence of high-risk events, and appropriate board supervision.”
Bridgestone Americas subsidiary Bridgestone Americas Tire Operations reports that its commercial tyre division has a new vice-president of marketing. As of 1 March this position has been occupied by Matthew Stevenson, who joins the company from Meritor, Inc., where he served as general manager of North American Field Operations and Marketing. Prior to beginning his role with Meritor in 2010, Stevenson spent ten years at Daimler Trucks North America, where he held several positions of increasing responsibility in both sales and marketing.
Titan International’s Board of Directors has approved a quarterly cash dividend of US$.005 (one half cent) per common share for the first quarter of 2013. The cash dividend is payable Monday 15 April 2013 to stockholders of record on Thursday 28 March 2013.
Pirelli & C. SpA has announced the resignation of Mario Greco from his role as a member of the company’s Board of Directors. The reason given for his resignation is the “considerable commitment” required of him by the reorganisation of the Generali Group (Assicurazioni Generali). Greco took over as CEO of the Italian insurer in August 2012.
Chicane, has boosted its media relations team with the appointment of Chris Wakley as a consultant. Wakley brings with him 35 years of automotive media relations experience and will assist Chicane with further developing its media relations offerings to automotive businesses as well as to the agency’s existing client base.
If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.
