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Titan’s Taylor discusses 2013 goals

The ‘Grizz’, Titan International chairman and CEO Maurice Taylor, has issued a statement on the tyre maker’s 2013 guidance. In the statement, Taylor writes that “2012 was again record revenue, net income, gross margins, operation margins, just everything. The only negative is we could have done better and I’m the one who didn’t keep a better eye on the changes taking place in Bryan.” This final comment referred to reduced production in the Bryan, Ohio factory due to the plant’s new computer system.

4th December 2012/by Tyrepress Editors

Conti seeking a global top spot

Continental’s tyre business – the German automotive supplier’s most important division – aims to intensify its competition with the top three global players over the coming decade or so. According to an article published yesterday by German financial daily Handelsblatt, growth in international markets as part of its ‘expansion strategy 2025’ will fortify the European market leader’s position in other regions.

28th November 2012/by Tyrepress Editors

Pirelli unveils charity-themed 2013 Calendar

The latest edition of the world’s most famous tyre calendar has been launched in Rio de Janeiro, and Pirelli has given the world a peek its artwork. Within the 2013 Pirelli Calendar are 23 photographs of 11 actresses, singers and models – all fully clothed this time – plus nine images of “daily life and two photos entirely composed of graffiti and murals.

27th November 2012/by Tyrepress Editors

Teams get first taste of Pirelli’s 2013 tyres

The first taste of Pirelli’s 2013 tyres for teams came during free practice in Brazil, with the Italian firm bringing two extra sets of prototype tyres in addition to the usual allocation. The teams used the 2013 prototype tyres, which were distinguished by orange writing on the sidewalls, in the morning session. The prototype tyres seen in Brazil have a different structure compared to the 2012 tyres, using the current hard compound, but with a quicker warm-up time as well as deliberately faster degradation.

26th November 2012/by Tyrepress Editors

Eurotire expands leadership in Mexico

OTR tyre firm Eurotire has appointed Courtland Acosta as its business development manager in Mexico and Central America. The move reflects the company's commitment to expansion throughout Mexico and Central America, answering the region’s growing interest in Eurotire’s offerings. In his new role, Acosta will assist regional manager, Tom Sawyer, to further develop the business there and to support the future opening of a new sales office.

21st November 2012/by Tyrepress Editors

F1 title conclusion, Pirelli 2013 prototype at Brazilian Grand Prix

Pirelli approaches the final round of the Formula One season with the championship yet to be decided, thanks to eight different winners from the season so far – seven of them coming in the first seven races. Just like last year, the last race of the season will be held at the legendary Interlagos circuit in Sao Paulo, and Pirelli has nominated the P Zero Silver hard tyre and P Zero White medium tyre for the title decider. The teams will also have two extra sets of next year’s prototype tyres at their disposal for Friday’s free practice sessions, in order to give them an idea of the characteristics of the 2013 tyres.

20th November 2012/by Tyrepress Editors

Title showdown setup vindicates Pirelli’s Austin conservatism

McLaren’s Lewis Hamilton – the winner of the last United States Grand Prix in 2008 – won the first race at the Circuit of the Americas in Austin, Texas, while second for Sebastian Vettel put the Red Bull driver on the verge of a third consecutive title at the championship decider in Brazil. Third place for Ferrari’s Fernando Alonso – the German’s only championship rival – has also kept his title hopes alive, meaning that for the first time in its history Pirelli will come to the final race of the season as sole tyre supplier with two drivers fighting it out for the championship crown on the last round. Pirelli’s Paul Hembery expressed the company’s excitement at the position of the championship. While he admitted Pirelli could have supplied its softest compounds at Austin, the company could be forgiven for erring on the side of caution, with so little data available for the new circuit.

20th November 2012/by Tyrepress Editors

Germany, North America help Brembo increase nine-month profit

While many markets in Europe continue to prove challenging for Italian brake manufacturer Brembo, Germany and the USA have continued to provide the company with enough growth opportunities to keep the company's revenues ahead of those at this stage in 2011. Overall, the company registered net profit up 59.8 per cent in the first three quarters (49 million euros), with sales up 10.5 per cent (1,045 million euros). Chairman Alberto Bombassei said he remained “convinced that the ability to innovate, along with a constant focus on quality, are the foundation of company’s success, even in a crisis scenario."

13th November 2012/by Tyrepress Editors

Eurotire radials fitted to Perlini dump trucks in Brazil

Italian truck manufacturer, Perlini Equipment SpA has delivered the first 14 of its 90 ton dump trucks fitted with Eurotire rubber from its manufacturing facility in Drobeta Turnu Severin, Romania to the Brazilian port of Santos. The partnership between the two companies is part of a joint program created to promote Eurotire products and Perlini machines. One of the largest steel makers in Latin America, Usiminas will use the trucks at its iron ore mining operations.

13th November 2012/by Tyrepress Editors

Pirelli nominates final 2012 F1 compound allocations

Pirelli has announced the tyre nominations for the final three Grands Prix of the 2012 Formula One season. All three races – in Abu Dhabi, USA and Brazil – will feature the P Zero White medium compound tyre; the visit to the UAE will also feature the soft P Zero Yellow, while at F1’s first visit to Austin, Texas and the season-ending meeting at Interlagos Pirelli will include its P Zero Silver hard compound.

16th October 2012/by Tyrepress Editors

Italian President honours Pirelli in anniversary year

Yesterday, Pirelli chairman and CEO Marco Tronchetti Provera and the firm’s top management were received by the President of Italy, Giorgio Napolitano, to mark the 140th anniversary of the company’s foundation in 1872.

12th October 2012/by Tyrepress Editors

Triangle reports significant sales growth in key markets

Chinese manufacturer Triangle Tyre shares that it managed to dramatically increase sales volumes in certain markets last year. Particular growth areas were Russia and Brazil, where sales volume growth reached 186 per cent and 179 per cent respectively. South African market sales volumes rose 16 per cent during this period. Sales volumes in Russia are also said to have doubled again in the first half of 2012.

26th September 2012/by Tyrepress Editors

AA concept tyre shows off Lanxess’ green solutions

Although not a tyre maker in its own right, Lanxess supplies its synthetic rubbers to major manufacturers around the world. But to demonstrate the company’s competence in product innovation and its solutions for green tyres, Lanxess has entered the tyre making business, albeit on a very small scale – the German specialty chemicals company has produced an ‘AA’ rated concept tyre.

20th September 2012/by Tyrepress Editors

Michelin releases latest market figures

On 5 September Michelin updated its tyre market statistics, and reported a four per cent year-on-year upswing in Europe’s (including Russia and Turkey) original equipment passenger car tyre market for July 2012. Year-to-date, however, the segment market is still down three per cent. A six per cent decline was reported for Europe’s replacement market passenger car tyre business. Replacement sales are down ten per cent year-to-date.

7th September 2012/by Tyrepress Editors

Airworthiness directive issued for Goodyear aviation tyre

The US Federal Aviation Administration has issued an airworthiness directive concerning certain Goodyear aviation tyres manufactured in Brazil. The directive takes effect 13 September 2012 and relates to Brazilian-produced size H29x9.0-15 new tyres as fitted to vehicles including (but not limited to) Bombardier Model CL-600-2B19 aircraft. Retreaded tyres are not covered by the directive.

6th September 2012/by Tyrepress Editors