China Archives - Page 105 of 241 - Tyrepress

Now one of the largest tyre-producing countries in the world, China has an indisputable influence on the direction of global tyre trade. The home of both fast-growing up-and-coming brands as well as a burgeoning domestic market, this tag chronicles China’s involvement with the tyre business.

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Schaeffler: A good start to 2012, despite lower profits

Major Continental shareholder Schaeffler AG has reported a “good start” to 2012. On announcing the company’s January to March results on 29 May, CEO Dr. Juergen M. Geissinger said “we have successfully continued our growth strategy during the first quarter of 2012 despite an increasingly challenging environment. With sales increasing by six per cent, our growth has again outpaced the market. We have managed to stabilise our profitability at a high level.”

30th May 2012/by Tyrepress Editors

From Birmingham to Beijing, on Goodyear tyres

International News, News

Land Rover recently produced its one millionth Discovery vehicle and, to celebrate this milestone and demonstrate the Discovery's versatility and all-round capability, the company decide to send the vehicle on a trip – from Birmingham to Beijing.

For this epic, 50-day, 8,000-mile adventure, Land Rover chose Wrangler DuraTrac tyres for the three vehicles that undertook the daunting journey across more than a dozen countries. The conditions on the way were challenging and varied, including crossing mountains and driving on all sorts of surfaces.

29th May 2012/by Tyrepress Editors

Hangzhou Zhongce managers tour Europe, finishing at the CV Show

Among Westlake’s personnel in attendance at the CV Show was Johnson Su from the Hangzhou Zhongce Rubber Co. (ZC Rubber), manufacturer of Westlake tyres. Su, manager, import & export at ZC Rubber with a 30 year history at the manufacturer, is responsible for importing all raw tyre production materials in addition to export sales of the finished product.

23rd May 2012/by Tyrepress Editors

Steinbichler presenting new shearography products in Essen

Steinbichler Optotechnik GmbH from Neubeuern has announced plans to present new shearography innovations at its Reifen show stand (4-321). Aimed at retreading plants with small production quantities, test laboratories and tyre development units, the Intact V20 made by Steinbichler is said to offer a multitude of different possible uses, according to the company.

23rd May 2012/by Tyrepress Editors

Dmack to launch PCR, TBR tyre range through regional partners

Famed for its ascent to World Rally Championship tyre supplier status alongside tyre Goliath, Michelin since the 2011 season, Chinese-manufactured brand Dmack, based in Cumbria in the north west of the UK, will begin to supply a full range of road-going passenger car tyre and a super single 385/65R22.5 truck tyre globally through appointed regional distribution partners in June. The company’s managing director Dick Cormack and sales and marketing director Shane Harding told Tyrepress.com that Dmack is seeking to capitalise on its status as “one of the fastest growing motorsport brands” to position itself as a “quality mid-range” product range, which includes an eco-friendly, a high performance product and a cold weather tyre.

22nd May 2012/by Tyrepress Editors

USON announces new turnkey automotive leak testing system

A newly created joint venture between USON’s leak testers and Innovative Products and Equipment’s automation systems expertise, USON-Innovative Systems (UIS), has resulted in a single source turnkey solution for semi-automated and fully automated leak testing applications.

22nd May 2012/by Tyrepress Editors

Growth in quality, rather than scale, needed for China’s tyre industry

If you were to look back on the rising presence of Chinese tyres in recent times, you’d be mistaken for thinking manufacturers in the People’s Republic view the world as their oyster and the future as all good. Yet tyre makers in China are not insulated from the economic troubles we’ve experienced since 2008. Last year, China’s economic growth slowed and imports are currently increasing at a greater rate than exports. On top of all this, China is now home to more than 500 tyre manufacturers. And while the top ten Chinese tyre makers together hold 30 per cent of the domestic market, most companies are small and many have product mix and quality issues. In light of these economic conditions and a crowded playing field, a number of larger Chinese firms realise they need to adapt in order to continue prospering. Specifically, they recognise the necessity of investing in quality.

18th May 2012/by Tyrepress Editors

Triangle to research aircraft radial development

On 4 May, the Triangle Group and the Harbin Institute of Technology signed a strategic cooperation agreement for the development of radial aircraft tyre technology. The agreement was signed at Triangle’s headquarters in Shandong Province by company chairman Ding Yuhua and Feng Ji from the Harbin Institute of Technology. Under the terms of the agreement, the two entities will set up a facility that draws upon the Weihai-based institute’s expertise in the areas of composite materials, engineering mechanics, automotive, mechanical design and manufacturing and information management professions and disciplines. Research will focus on developing tyres for larger aircraft, such as commercial airliners.

18th May 2012/by Tyrepress Editors

Linglong to exhibit expanded Green-Max range at Reifen 2012

Linglong Tyres, manufactured by China’s third largest tyre maker, the Shandong Linglong Tyre Co., will exhibit its latest tyre range –Green-Max – at the upcoming Reifen show in Essen. The manufacturer describes this tyre, designed for the UHP segment, as its ultimate summer tyre.

15th May 2012/by Tyrepress Editors

Bridgestone net income up 35% in Q1

For the first quarter of 2012, Bridgestone has reported net sales of ¥726.2 billion (£5.6 billion), a three per cent increase over the first quarter of fiscal 2011. The company’s operating income amounted to ¥63.0 billon (£490.0 million), an increase of 13 per cent, ordinary income was ¥61.7 billion (£479.9 million), an increase of ten per cent, and net income was ¥42.2 billion (£328.2 million), a year-on-year increase of 35 per cent.

14th May 2012/by Tyrepress Editors

Hangzhou Zhongce largest tyremaker in China

Company News, International News, News

Hangzhou Zhongce Rubber Company (ZC Rubber) was China’s largest tyre maker in 2011, according to figures published by the China Rubber Industry Association (CRIA).

10th May 2012/by Tyrepress Editors

Conti could re-join Dax in June

Continental AG could re-join the German DAX index as early as June or September. Financial analysts also expressed support for continued growth at Conti, with Morgan Stanley summing up the firm’s expectations of the company in a single word – “confidence.” In an investor’s note dated 9 May, the bank continued by explaining its view that the latest feedback on vehicle production orders and tyre price discipline indicates that company targets “may prove conservative.”

9th May 2012/by Tyrepress Editors

Continental to raise China headcount by 5,000

Continental has announced plans to increase the number of it employs in China by 5,000 by the end of 2012, further to its announcement in 2011 that it would expand its staff by 25 per cent. According to the company this forms part of a strategic plan to support its growth in China, the automotive supplier will hire employees across various areas including engineering, manufacturing and functional roles. In order to achieve this goal, Continental is in the process of extending its recruiting programs, which include Campus Recruitment 2013, Continental University Competition, Continental Day in major cities, and sponsorship of Formula Student China.

8th May 2012/by Tyrepress Editors

Double Coin launches mobile website

Double Coin and the China Manufacturers Alliance have launched a new mobile website aimed at North American customers. The site will complement the existing www.doublecoin-us.com and is designed and formatted for optimal viewing on any web-enabled Smartphone, including iPhone, Android, Blackberry and others. Features accessible through the mobile site include product specifications and warranty information, and visitors can use the dealer locator function to access over 1,000 independent Double Coin tyre dealers across North America. The phone’s GPS automatically redirects to the closest dealer based on the user’s current location.

4th May 2012/by Tyrepress Editors

Saudi JV to build tyre factory

English language daily Arab News reports that Al-Amoudi Group company, the Al-Muwakaba for Industrial Development & Overseas Commerce (Holding), will establish a 194,000 square factory in the Saudi Arabian port city of Yanbu. The project will cost an estimated SR900 million (£148 million), and the facility is expected to employ 600 workers and have an annual output of 1.8 million passenger car and commercial vehicle tyres.

4th May 2012/by Tyrepress Editors