commercial vehicle tyres Archives - Page 29 of 44 - Tyrepress

Commercial Vehicle Tyres

Posts

Michelin profitability grows in H1

Even though its sales only increased 5.95 per cent during the first half of the current financial year, Michelin has managed to boost its net income a healthy 37.2 per cent during the period. The French tyre maker’s net sales in the six months to June 30 amounted to 10.71 billion euros, up from 10.11 billion a year earlier. From this total, 5.5 billion euros was generated from the sale and distribution of passenger car and light commercial vehicle tyres, 3.27 billion from truck tyres, and 1.9 billion from specialty businesses. Operating income (before non-reoccurring items) rose 35.9 per cent per cent to 1.32 billion euros and operating margin grew from 9.6 per cent to 12.3 per cent. Net income for the period increased from 971 million euros in the first half of 2011 to 1.42 billion euros during the reporting period.

27th July 2012/by Tyrepress Editors

Micheldever, GiTi enhance GT Radial Performance Centre programme

The GT Radial Performance Centre (GTPC) programme for independent garages is to receive a series of enhancements as the brand’s manufacturer GiTi Tire and its UK distributor Micheldever Tyre Services commence a significant three-year growth plan. Micheldever chief executive, Paul Fox claims the enhanced GTPC programme is “the most exciting brand proposition in the UK tyre business today” at its launch at GiTi Tire’s European Technical Centre, MIRA.

25th July 2012/by Tyrepress Editors

Bridgestone M853 offers North American haulers wear resistance, extra load capacity

Bridgestone Commercial Solutions has announced the North American launch of the M853, a new on/off highway all-position radial for regional hauls. Bridgestone says the M853 combines wear resistance with extra load capacity for longer service.

18th July 2012/by Tyrepress Editors

Europe to head Apollo PCR research following restructuring

Recent restructuring to Apollo Tyres’ Research and Development team is aimed at creating “synergy and greater alignment to the company’s growth aspirations, and to generate speed and relevance while entering new markets,” the tyre maker states. Apollo has restructured its team across the three key regions where it operates and established a structure in which the development of commercial vehicle tyres will be directed from India and passenger car tyres from Europe. The heads of both operations will report directly to Neeraj Kanwar, vice-chairman and managing director of Apollo Tyres.

16th July 2012/by Tyrepress Editors

Bridgestone achieves AA label on tyre to launch 1 October

Announcing that it will start labelling its car tyres today (2 July), Bridgestone Europe says it will join Pirelli in bringing an AA-rated product – the Ecopia EP001S – to market. Coming in just a few months after the Cinturato P7 Blue, which was unveiled at Reifen 2012 in Essen, the tyre will be available in the UK on 1 October 2012 with top A grades on both fuel efficiency and wet grip. Bridgestone also claims that it is the first product in the industry to achieve top label grading both in Europe and in Japan. Though not present at the company’s Reifen stand in early-June, the EP001S, the latest member of the fuel-efficient Ecopia range, will be officially presented at this September’s Paris Motor Show and effectively introduced in the European market as of October 2012.

2nd July 2012/by Tyrepress Editors

CT facility added to expanded Conti R&D centre

Continental says it has expanded its research and development centre in Hanover-Stöcken and installed a new facility that can inspect the insides of passenger car and commercial vehicle tyres more quickly and efficiently. The advantage offered by the LINAC (Linear Electronic Accumulation) computer tomography facility, says Conti, is that it enables internal tyre components to be tested under conditions that replicate on-road driving conditions.

29th June 2012/by Tyrepress Editors

Conti ready to roll with labelling on commercial vehicle tyres

Continental states that it tested around 500 truck and bus tyres in preparation for releasing its European label results on 1 July. The German tyre maker says it has now integrated all measured tyre data into the company’s existing internal and external SAP-supported computer systems and made it available to retailers. Unlike passenger car and van tyres, no physical label will be affixed to individual truck and bus tyres, however. Instead, Continental and its sales partners will list the data in the technical documents for the products, at points of sale, on the internet and on invoices.

29th June 2012/by Tyrepress Editors

Translogik supplies tyre inspection tools for new 'communicating' tyres

Company News, News, Product News

Something virtually all the tyre manufacturers currently using RFID (Michelin, Goodyear, Bridgestone, Mesnac) have in common is a connection with UK-based sensor firm Transense Technologies plc. Following the announcement that this provider of sensor systems is supplying the tyre probes being used in Michelin's recently launched “communicating tyres” fitted to buses running during the London 2012 Olympics, it is worth taking a closer look at is both companies’ desire to see the wider market adopt this technology.

26th June 2012/by Tyrepress Editors

Nexen Tire aims for top ten

Company News, International News, News

Korea’s longest-established tyre maker, Nexen Tire, recently opened its latest factory, a highly automated plant that will help the tyre maker reach its goal of almost tripling output by the end of the decade. The Changnyeong plant entered production in April and this year it will turn out some three million passenger car, 4×4 and light commercial vehicle tyres. This figure will then rise significantly over the next few years, reaching 21 million – 60,000 tyres a day – by 2018. By that date, Nexen says it will have invested a total of 1,200 billion won (£650 million) in the plant.

20th June 2012/by Tyrepress Editors

Continental to strengthen Conti360° fleet service

Conti is working to enhance the efficiency of the roadside breakdown service it provides to commercial vehicle operators and hauliers through its Conti360° fleet service network. The manufacturer reports the development of a series of bespoke roadside training courses for its Conti360° network partners, which it believes will help raise safety standards among tyre fitters and promote best practice in attending roadside breakdowns. The three levels of training course are designed to equip the Conti360° network with improved tyre fitting expertise and allow its partners to gain the industry-approved NTDA REACT Roadside Breakdown Licence, which is now mandatory for all NTDA members engaged in roadside maintenance or repairs.

20th June 2012/by Tyrepress Editors

High-end, specialty tyres essential for survival – Bridgestone CEO

Recently appointed Bridgestone CEO Masaaki Tsuya has spoken candidly about the tyre maker’s future against a backdrop of increasing competition from Asian manufacturers and global economic challenges. In an interview with the Wall Street Journal, Tsuya stated that Bridgestone must focus on high-end and more specialised products in order to survive. "We will lose if we make similar products using similar production methods (to our competitors)," he said.

19th June 2012/by Tyrepress Editors

Gori’s career at Pirelli draws to a close

The leadership feud between Pirelli’s two top managers, Marco Tronchetti Provera (64) and Francesco Gori (60), described within the company as a “redefinition of the organisation model”, is a first-class déjà vu experience for many observers of globally active corporations.

12th June 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

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

Michelin announces North America recall

Michelin will voluntarily recall more than 77,000 commercial vehicle tyres in North America. In a statement published on the National Highway Traffic Safety Administration’s safercar.gov website, Michelin North America says that it is recalling certain Michelin XZU3 LRJ, size 305/85R22.5, XZU2 LRJ, size 12R22.5, tyres produced between 23 October 2005 and 3 September 2011; and XM505 LRJ, size 305/85R22.5, produced between 18 April 2010 and 8 May 2010, and between 23 January 2011 and 12 February 2011. These tyres, Michelin reports, have a casing that “may experience a loss of integrity and, in some cases, have rapid air loss.”

23rd April 2012/by Tyrepress Editors