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HiQ Discussing Expansion Plans at Franchise Conference

HiQ’s fourth annual franchise conference is taking place over the next two days at Albrighton Hall, Shrewsbury. All of HiQ’s franchisees will join retail director Juergen Titz and members of the brand’s lead team on Tuesday and Wednesday (20 and 21) to discuss performance and growth opportunities. HiQ also promises “the network’s most exciting announcement of the year;” a high profile PR campaign with the help of an exclusive ambassador. This is the first time the conference is taking place over two days; an innovation that will “allow HiQ to discuss its plans to increase the network to 185 points of sale by the end of the year, while revealing footfall and turnover figures,” the network states.

19th April 2010/by Tyrepress Editors

Goodyear to Announce First Quarter Results on 28 April

Goodyear has announced it will report its first quarter 2010 financial results before markets open on Wednesday 28 April, following the announcement up with an investor conference call at 10:00 that morning (Eastern US time). The newly appointed president and chief executive officer Richard J Kramer will participate, alongside Darren R Wells, executive vice president and chief financial officer, and Damon J. Audia, senior vice president, finance and treasurer.

16th April 2010/by Tyrepress Editors

Biker’s Club Hosts Inaugural Dealer Conference

Bridgestone’s network of motorcycle tyre dealerships, the Biker’s Club has reported the success of its first ever dealer conference, which was held at the National Motorcycle Museum in the Midlands. More than 70 dealer representatives from around the country attended the conference to find out vital information regarding the network’s plans for the year ahead.

9th April 2010/by Tyrepress Editors

Interstate Tires Participates in Latin Tyre Expo in Panama

Interstate Tire & Rubber has announced that it will participate in the Latin American & Caribbean Tyre Expo, which is scheduled to be held between 8 and 11 July 2010 at the Atlapa Convention Centre in Panama City, Panama. Interstate Tires reports that it will display its latest products on stand 694 during this show, launching the brand new Interstate Eco Tour Plus tyre and the company’s new commercial range to the Latin American and Caribbean markets.

7th April 2010/by Tyrepress Editors

Shanghai Tire Technologies Congress Scheduled for 25 – 26 May 2010

Based on the theme of “Interpreting Industry Legislation and Regulations, Exploring Cutting-edge Technologies and Trends,” event organisers are publicising plans for the second annual Tire Technologies Congress in Shanghai, China. As you might expect the conference will focus on the most controversial legislation and trade issues, but there are will also be technology sessions.

Organisers JFPS Group report that the event will centre on speech delivered by over 20 general managers and research and development directors from leading tyre companies such as: Bridgestone, Goodyear, Giti Tire, Pirelli Tyre, Cooper Tire, SIBUR – Russian Tyres, Apollo Tyres, Toyota Motor Corporation, Dunlop Aircraft Tyres, Doublecoin Tire, Guizhou Tire, Yellow Sea Rubber, South China Tire & Rubber, Hangzhou Chaoyang Tire, Aeolus Tyre, China National Tyre & Rubber Guilin, Bayi Tire.

6th April 2010/by Tyrepress Editors

VW Polo Voted World Car of Year

Despite the April 1 date of announcement, the Volkswagen Polo was nobody’s fool at a press conference hosted by Bridgestone Corporation along with the New York International Auto Show and BASF SE – the German hatchback was declared 2010 World Car of the Year. The Polo was chosen from an initial entry list of thirty entries nominated by fifty-nine jurors from twenty-five countries.

6th April 2010/by Tyrepress Editors

ITEC Enlists Experienced Advisory Council

The International Tire Exhibition & Conference (ITEC) has is working with “eight industry veterans” to help develop an aftermarket/distribution education programme for its show between 21 and 23 September at Cleveland’s I-X Center.

“These individuals who form our Advisory Council are key to the success of the exhibition,” said Ray Evans, chairman of the distribution component of the conference. “The Advisory Council is helping us develop a program that will focus on issues of importance to the industry today. With that information, we are creating a curriculum that promises to be ‘hands-on.’ These learning sessions will deal with rising costs of conducting business, new government regulations, the Internet and many more topics.”

6th April 2010/by Tyrepress Editors

Analysts Reduce Pirelli Earnings Estimate, But RE Spin-Off Would Change Their Minds

Morgan Stanley analysts have decreased the bank’s 2010/2011 Pirelli earnings per share estimates by 20 – 25 euro cents, following the company’s fourth quarter results. This means the analysts have reduced their estimates from 3.39 euros to 3.18 euros and 4.53 euros to 4.28 euros for 2010 and 2011 respectively. They also commented that bank’s tyre EBIT estimates are now in line with the market consensus.

However, while the latest investors note (published on 16 March) was direct in assessment that earnings would be reduced, the analysts also outlined potential events that would make them change their mind. At the top of their wish list are changes in group organization, which Pirelli’s management has publicly announced that is seeking: “We applaud the efforts Pirelli is taking to focus on the core tyre business and believe the market will continue to reward the company for this, as it has done in the months.”

17th March 2010/by Tyrepress Editors

New Exhibition to Help Find Homes for Post-ITC Tyres

Latin Expo Group Ltd., a Panamanian trade group, is organizing a tyre exhibition and conference for Latin American and Caribbean tyre distributors in Panama City, Panama, 8-11 July 2010. Latin American & Caribbean Tyre Expo 2010, will be held at Atlapa Convention Center in Panama City, according to the organizer. Latin Expo reports that it is in the process of organizing a programme of international tyre industry speakers to accompany the exposition, according to a spokesman for the group, who said the group’s vision “is to bring the global manufacturers and suppliers directly to the Latin markets and to get the Latin dealers to those manufacturers in a familiar and inexpensive venue.” 280 exhibitors are said to have signed up so far for a show expected to cover around 85,000 square feet of exhibition space.

12th March 2010/by Tyrepress Editors

Linglong: Tyre Labelling an Opportunity to Demonstrate Quality

Shandong Linglong Co., Ltd., president Wang Feng described tyre labelling as an opportunity in an interview with Tyres & Accessories. “Any new regulations should be fair for everyone, but they are a good thing for us [and therefore Infinity] because it means we won't have low quality product coming out of China. It also means that we can demonstrate that our products are good…We are confident it will result in better quality tyres for European customers.” Surrender Khandari echoed these sentiments, putting it like this: the result will be “more safe, more healthy, more green tyres for the customer [tyres] that narrow the gap with the best players.”

9th March 2010/by Tyrepress Editors

Bridgestone UK Awards “Outstanding” Tech Training Manager

Following his second placement at Bridgestone’s global awards in the ‘Safety and Disaster Prevention’ category, Phil Thirsk, technical training manager at the manufacturer’s UK division was recognised for his contribution to Bridgestone UK’s training programme, given one of the UK division’s ‘Outstanding Achievement Awards’ at the firm’s recent annual conference. Thirsk entered Bridgestone UK’s ‘Roadside Tyre Technician Training Course’, which he has helped to develop and deliver to more than 400 technicians, for the global awards.

8th March 2010/by Tyrepress Editors

500+ Exhibitors Confirmed for Reifen 2010

According to the latest report from Reifen 2010 organiser Messe Essen GmbH, more than 500 exhibitors have now confirmed their participation at the trade show. Firms from more than 40 nations will thus present their tyre related products and services when the doors open at the exhibition in Essen, Germany open on June 1. This year’s show, the 26th to be held, includes the Innovation Award, which honours pioneering new developments within the industry.

4th March 2010/by Tyrepress Editors

Low Sidewall Titan Loader Tyre Offers Cost Savings

During a conference call on February 25, Titan International chairman and CEO Maurice Taylor Jr. disclosed that the company intends to produce its first 73.5-inch low sidewall OTR tyres by April. Prototype 73.5 steel wheels have already been produced at Titan’s wheel production facility in Quincy, Illinois, and preparations for the tyre are now underway at the company’s Bryon, Ohio factory.

2nd March 2010/by Tyrepress Editors

Lanxess Adjusts 2009 Earnings Forecast

German specialty chemicals manufacturer Lanxess AG has adjusted its earnings forecast for the 2009 business year after preliminary unaudited results revealed what it calls a “significantly better than expected” fourth quarter. The company now expects to achieve pre-exceptional EBITA of 450-470 million euros for full year 2009 after previously forecasting 400-420 million euros upon the publication of the third quarter results in November 2009. LANXESS posted EBITDA pre-exceptionals of 721 million euros in 2008.

1st March 2010/by Tyrepress Editors

ETRA to Focus on Eco-Innovation at 17th European Conference

Ecological innovations will take pride of place at the European Tyre Recycling Association’s 17th European Conference on Tyre Recycling in Brussels on 17-19 March, 2010. The themed event will comprise a “Pyrolisys Forum” during the ETRA Assembly Meeting, including the presentation of research studies on tyre recycling materials and their employment on road sector and civil enginery, rubberised bitumen and asphalt, buildings and concrete, thermoplastics, thermal and acoustic insulation.

26th February 2010/by Tyrepress Editors